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Show PORPHYRIES ISSUE QUARTERLY REPORTS Special to The Tribune. BOSTON. Mass., Feb. 7 The Utah Copper company's report for the last ! quarter of 1914 shows a net profit of i il, 076, 073, .compared with $1,312,738 In ! the previous quarter. After dividends had ' been paid of ?1,18,367. a deficit of $142,-213 $142,-213 resulted, which compares with a surplus sur-plus of $94,371 for the previous quarter. The production amounted to 20,299,012 pounds of copper, which, made a total for the year of 121.779,411 pounds. Ore milled was 1,035.303 tons, assaying 1.0062 per cent copper. The extraction, however, was only G-I.S6 per cent, as compared com-pared with 6S.13 per cent for the previous quarter. The net cost per pound, with all income credited, was 6.6SS cents. The last quarterly report of the Nevada Consolidated company, dated December 31, shows net earnings ,of $370, S17. The dividends were ?749,79fi, leaving a deficit of $378,944. Added to tills was $76,592 for depreciation of the Stcptoe plant and 540,-lGO for ore extinguishment, making a total deficit of $491,001. This compares with a surplus of $116,318 for the corresponding corre-sponding quarter in 1913. The total production pro-duction for the quarter was 15,537,592 pounds. There If. however, in the treasury treas-ury a surplus of $7,071, SaO and undivided profits of $2,290,629. The ore averaged 1.04 per cent copper. |