Show I EARNINGS or OF UTAH COPPER COPPEt R that have been mado made to Manager Man a ager er Jad Jackling from the mine and mill na ml manager er for December show that the Utah Copper properties in Bin Bingham produced founds found of ore oro d during dur dur- ur- ur ing ng tho the last month in tho the year and that the tho company has profited on this production to the extent of This rii Ji gives k- k cs tho the company an output for th the tho year ear of approximately but it should bo ho remembered that this only dates from July of last year at which timo time tho the first ton section of oi tho the new mill was waa placed in commission This month will wil show nn Sill output of and tho the net earnings of tho the thoI company will be to io something like liko OOOO These results arc are being I obtained not merel merely by in increasing r tho the output from the mines at Bingham but hub I the increased producing tends to les lessening lessen lessen- cn ing ng tho the c cost st of mining and the now new milling plant is being re regulated to that line fine point which gives gibes eR every err assurance I of tho the milling operations be being uJ reduced to a n very ver- verlow low treatment charge charco The Tho mammoth steam shovels sho bi have YO luring during December that tho cost COlt of mining mm- mm min in ing has baa been reduced to about 30 a ton ron which probably places this proposition ropo- ropo sitmon in the front rank of cheap mining min ann jag ing in tho the country Leading mining en engineers have havo claimed for several years cars that Bingham was ono ana of the tho most attractive e copper r camps in the world worM and that as soon as its properties were provided with the proper equipment and reduction plants were installed for the treatment of a aJar Jar large e tonnage of ores it could bo ho easily asH demonstrated that the ground would be lie mn o to yield bi big profits from its low lo grade ores orCA that averages 1 to 2 per pcr er cent iu in the red metal That al aJl JI of these predictions aro are being realized and that the cost cast of mining and aud treating tho ores is going oin to be even less than tho the seemingly low estimates made by experts experts ex ex- ex is the happy hapy fruition of the Ilic labors la Ja bors and money expended b by such nuch corporations cor cor- as the Utah Copper company and other concerns operating I rating in that belt belL |