Show UTAH UTA COPPER BOND BON ISSUE ISS Notices s of or the tho annual mooting meeting of tho the Utah Copper company were received b bj by local yesterday and In lii the call cal tho the shareholders shareholder were told about the proposed bond l I issue su Af At tho the annual At mecUm which thich I ii I to be bo held In fn CI City N N. 1 J. J J. J Friday of or next net W week k Jersey the tho proposition to Increase th capital capita stock from to will wi b bo bl voted on It I will wi bo be further proposed to make mako a n convertible cn bond issue for 1500 these bonds bearing C G per cent Interest and made for stock at th tho i rate rt of ot 20 0 a n share President McNeil gives assurance that arrangements have havo been bean perfected for the underwriting of or tho the entire entre l Issue ue an and SI says that eha shareholders of or record at nt tim the dato of or Issuance will wi be given ghIn an tunit- tunit to for the bonds rata holdings pro of th the om Company pan stock With th the lh stock now selling at nt S'S SS and ev every r assurance that tha It I will sell 5 for wi a much higher price prie there Is 18 no flO question sel but that there thore will wi bo be some ome heavy y bidding bid bid- ding for these bond Lond which are arc to bIJ- bIJ bo be con Into stock at nt H a H much lower lowr tion ton figure fro than tha tho the actual market marke value value- One On of or the tho prime pIme objects object In raising this thin money In is II said aid sd to be for th the purpose V. V Hr f providing pro the company with ample means mean whereby roh some fome em Improvements nt ii eihl wi l ho h mad ninde In iii II the time m methods adopted for rOI tho the ore ores ore In th 1 manner tho management will bo he able to wi he demonstrate a n re er In the tho cost cot of or production an anal make the tho Utah Uth Cop Copper r one of tho the chea cheap o est st cop copper mining propositions In the country At pre present ont nt the management management Is Js said ald to have reduced the cost CORt of or mining and milling to R S cents a n pound and wih with the ne new methods to h be he employed this will b bo be further re re re- cnut o t of or production ton wi |