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Show UNITED VERDE MINE OUTPUT CURTAILED Th United Ycrda Kxteusion Minlnir company produced S , ' 76. a ;,j pouiula of copper In AugiiM. a itecliiie, ot ovvr S00.f"Hl p.uimi.s from tlmt of the piecedms montli. Keduction In output wna oc-k-'ho iact tluit the cuiniuuiv ilmnsed ironi ihu Must fu,,,;,,-,, to 1ls rev.r heralory for prdu,-lnK- bullion and tlurel.y a f,. s. pro.Uu i ,im. ac- " '""S t.i the Huston .News liureau. Hum. loo. theia hs a bl:K,t shoruaite of labor during I he. iinuuli. This hectvme inoro pronounced toward the hitter part f the period, for wlili ilia belniiiih- of arvest time there Is Hpt to be mora or ess ebblns ami ilolus- In the tide of labor throughout Anion. With operations opera-tions once mora down to a stoudv basin In Its reduction works, however. V lilted eria should pick up its lost tonnaga In the currout mouth. In tha months of julv and August the company was aide, through payments received from copper sales, to a.M materially ma-terially to us working capital account. At tha close of June SO, the company bad cash of J1.-.17S 3S7. which, with l.iberlv bonds of J2.3r.ii.00 K-aie tha company total cash or lis equivalent of IkCS.OOO. Outsida of current operating bills, the company ow eii no money. Verda l'xiension entered tha second half of the year with over i;.S00.00n pounds of copper on hand, tha frreater part of which was unsold. It 18 understood under-stood that since July 1. tho company has disposed of a considerable part of this copper, although juM at present it is no different from other producers In that It is not selling ar.y largo amouirt of metal. Just as Sion as market conditions warrant, war-rant, tho nunc will increase production. This can bo dona easily, for, with tho concreting of the Aready shaft completed, and the tunnel lor transportation ready for use. the company's construction impedimenta im-pedimenta will be behind it. |