Show Tt MINING MT VI I NIN fV 1 J I lV T I IM G f M TE QUOTATIONS NEWS E CAMPS FROM AND A AL ON kj STOCKS S C T T A I OC V TT K 14 S C X WITH WT F ROM FROM PRICES THE TE FLASHED LEADING LEDING LATEST M MARK MA ARK ARKETt R KE ETt T EARNINGS OF UTAH COPPER INDICATE IK IS MR r r The r fr The r recent nt statement covering co operations operations opera opera- at l the tho Uth Utah Copper Corper properties at D han for the t ten n months of ot 1911 l endI ending end end- I ing g October 31 shows howa something somethinG of or the wonderful wonder possibilities of ot those thole great grat porphyry por por- deposits Eastern Estern Investors are beginning beginning be be- ln gl ginning to appreciate this and favorable comments comment are arc ro heard on every hand The Boston Bureau BUrAU follows up this re report report re- re port with some SOI data which U It I has ha compiled com corn piled and ta says s 's Utah Copp Copper r company's earnings for ten months ended October SI a last Jut makes a showing knowing Not ot Income was 4 00 with which to meet 1 dividend requirements of or leav- leav hn Inz ing undivided profits of ot Splendid did as aa this thIr Is 18 It i by no ad adequately adequate ly h reflects tho position of ot the tho company today toa which now has Its It own ov railroad for tor transporting It Us Is ore and alt in hi I. I rapidly completing the tho remodeling of ot it Its Is Arthur mill mi so en e that maximum output may be le Jund pounds of copper per annum anum nearly twice In Inthe Inthe Inthe nearly as a much as ae that produced the 1911 year car Tho T-o T now Garfield Garfold Garfeld Gar Gar- Gar Gar- fold field feld railroad I Is lB of or course Curs only Incidental to to- th tho huge huSo tail de-tail connected with the production of or pounds of or COPper copper cop COP- cp- cp per In a. a a year ear but It ft Is nevertheless ex expected ex- ex that It It will 1 show earnings s of ot 1 per annum annum In Itself almost enough nough to pa pay at present rate one quarterly quarterly terly tony dividend each year year on the company's outstanding capital Moreover Utah Copper company I In I. I at atre present re nt producing at the rate of or rl rising ln pounds of copper per annum against the pound rate for the tho Period covered b by ten months' months statement besides 1 which the price o of or copper Is now more than t-a t 2 Z cents per pr pound higher than tha was vas received during that time AssumIng Assuming um A-um- Assum Assum- ing therefore a continuance of or cent Hi-cent copper copp with Ith pre present nt output and costs and leaving out an any con consideration of or earnings from n the tile railroad or equity 11 In Nevada Novada Consolidated earnings other than that receIved re re- In the tho form of ot dividends on shares owned oed Utah Ulah Copper company could show earnings of ot 5 per share as shown by the following table Operation profit prof OOOO Nevada e da Con dividends Total Per share 3 At t maximum production and i all road earnings and equity In Nevada Nevado Consolidated d th the profits would bo ho In Increased Increased In In- creased ing d to S a 1 share as per pcr the following follow follow- Operating profit earnings 1 In Nevada ado Kc Con earnings O Total t I Her Pcr h rc S. S Tb Th Thie formidable position which Itah C Copper COppet shares occupy can cn hardly hard hard- ly 17 be le t denied In fare flo of tho the above c show show- tug Ins particularly when vIon It I Is IA remembered rember d that the company has the thc largest ore oie re- re serves tenes of an any producing com company In the over lJ 1 J J cr over tons I |