Show MUCH INTEREST IS MANifEST IN ANNUAL I. I REPORT Of CON A great rc l deal of oC Interest I Is manifest Inthe Inthe in inthe the annual report of Utah Consolidated which is ben being published and nl will wi be re reI released released re- re I leased a ed within about two weeks wok In lit 11 this report President R- R I H. H Channing is ls ex expected cx- cx e- e ep p to give shareholders his views oCth of oC tile the mine and its is future possibilities HA as a result resul of or the insl Inspection he lie made mc a short while ago Channing knows tho tI property better beter than An any engineer a as an h he Ji spent several Jea years rR In its Is mana management ement when it was wa earning big dl dividends He ha has also alo mid mad a a careful study ot of o tho district and v knows what to expect from development development develop develop- ment work ork at nt depth Tile The last statement from th mine management management man man- was a a. moro morn favorable orble fa one than a ha has haR been released at any time since Channing a again aln assumed charge chargo of or oper oper- The Tho grade rado of ot tho ore Is 15 all al low compared with wih tho the production that was made when 11 it per cent copper and several several sev sev- v- v eral erl dol dollars r In gold to tho ton was a a common common cornmon com corn Tho The then mon occurrence or ore ore- was was mined d from the upper levels and 8 for tor a time it was WIS probably the lowest cost copper cop cop- pet per producer In the country countr For a short period It produced H its copper under 5 cents a a pound But But tin the mine is still earning mono money money On Its I. I February production which Indicates Indi cates an an output of pounds pound of ot copper copper cop cop- copp p per r. r for tOl th the month it I IK Is estimated that the company should he earning 60 a share hare This Is irrespective of profits on KB its I lead ore orf production which amounted amount amount- Cr ed er to 1600 tons In addition additon to these profits the th company has lisa a considerable hoMing holding In the International Smelting company which Is earning dividends j-eg- j eg- eg The Th development work ork at Al this property property prop prop- erty is 18 at a most mOt Inter interesting tn stage With Witha Wih a depth of 1100 00 feet front from thc the surface at attained at- at and Inc lead Irad ot ore otes H exposed E in the lowest low low- est eMt et workings this mine lute has hll shown hown three distinct depoll deposits First t It a was for its Is goM ores then Its Il owners made millions from the copper r copp production and now hOW noW tho the lead deposits hR have been demon domon- Its operations will wi have an nn im important tin tin- bearing upon the future of oC that portion of Bingham and possibly tho the en entire entire en en- tire tre camp i |