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Show UNITED VERDE EX. STOPS PRODUCTION United Verde Extension Minln? company com-pany has 28.000.000 pounds of unsold copper on hand, or practically the same amount as at the beginning: of tho year, bays the Boston News Bureau. Not a pound has been added to produe-t'on produe-t'on since February 14, at which time the mine and smelter closed down when employees, rel'usinff to accept a wa?e reduction, re-duction, wont out on strike. United Vei-Je Extension and its adjoin-l.-.T neighbor. United Verde Copper company, com-pany, have b'cn forced therefore to "curia:;" "cur-ia:;" output 100 per cent. Many smaller properties nave been closed down through inability to stand the strain imposed by iir.anclns a constantly growing load of accumulated metal, but the lartrer ones, it order t maintain their organizations, have cut the output only 30 pur cent. United Verde Extension has been lib- j oral in the payment of dividends, but in the absence of earnings at the moment, the management has decided to eliminate tho extra 25 cents a share which has been j paid durinjr thr past two vears. ! |