Show UTAH COPPER EARNS ARNS OVER ITS DIVIDENDS Ome Ole deliveries del from the Utah Copper mines at nt BIngham to the mills mils at Garfel Garfield last Jast wook were much larger than they th- were tte during the time e part of or tho the month Tho cold col weather hampered both o operation opera opera- rato ra- ra to tion o and deliveries dJ to a considerable extent t und and It will 1 u no Ie Impo Impossible for the management to to make up the tho 10 B ios 8 before beor beforetime the time ro close o of lt th the month Estimates Estimate of th the th Je In Iii 0 Ume he output for 01 January as month am ore compared with wih the previous placed nt at t approximately t ely pounds with Wih c I ht of th the Arthur mill 01 operating the company can eln Hn ItS iA output material when larger ore deliveries del are arf arf rc regularly A report has ul rl been compiled covering operations for t ten t-n months ending October October October Octo Octo- ber 31 1311 Jf which shows vi that earnings s over dividend requirements and Ind operating expenses amounted to H ne nU lie tho company compan has his bc been n receiving a an as much muchas luch as tia n. n IH cents cent for or its Ie copper a R gain hI of ot better than 25 c cents a a. R pound pO 11 OV over 0 T tho thin lowest 10 price o of or last Int vest rear r. r On a a. yearly r fly production of ot pounds pound of copper the Increase In earnings during durin a a period perIod of or twelve months would amount to The Tho report for the tho ten tel months Isas is ns os follows olos Total operating revenue revenue- JOI SI 2 Net Nel o operating revenue 1315 Other lucerne Total 1 Dividends nine months 1 6 Undivided profits S tso Utah COPP Copper I company durn during the th nn first t ten months of or last lant year par soil bold pounds pound of at copper at Ct cents a pound 2 H ounces OU 8 of gold Jold at 20 O and ounces silver at There Theren n WR charged r J to expenses for ore ore stripping Mining and milling to totaled to- to freight and refining charges Other Income I Included 1 62 divide dividends dl m I from Nevada Consolidated Rda Nf On October I 31 n last tho the company had current assets of or and current liabilities of ot JU- JU BIngham Garfield Garfeld Railway company compan no now lie has hl capital of or snares shares of or which 1760 shares har are arc out out and held by Utah Copper Of tho the stock Just listed on New Nev York stock Mock cx- cx X x- x change thang shares will wil care for tor conversion conversion con con- COI- COI version of ot BIngham GarfIeld bonds hond and 5 51 shares in exchange o for or shares of ot BIngham t Garfield stock |