Show n. n fr Additional j r c Mining News UTAH COPPER COPPERt t J ShowS N NOt Net t Proceeds Totaling 1 DuringS During S Past Year J f f Net pr proceeds of th the Utah Copper Copp r inpan during 1933 1033 were 1728 according to a r report port on file th the state tc tax commission jda at t for tor ass assessment ent purposes Under the he state law requiring as as- nent ent of contents of Joes jnes at three times the net proceeds hit means t the e company will pay au lIes on on mine contents ret let proceeds are determined by sub sub- the cost of extracting and the ore oro from the gross re re- In 1932 the gross return was wasill 3 ill less than the mining costs Q ano taxes were paid on the contents t f the mine Total roW valuation of tho the plants and real estate of the is the assess assess- lent eDt report showed This means the will pay more more taxes on Ill ble property than the total pop pop- lillon of all alt counties except Salt rte ike Weber Utah Box Elder ache and Carbon Most of the in in- taxes due to net proceeds ill eo go 0 t to the Jordan school district The company mined tons f r ore in 1933 as compared with 3 3 In Jn 1932 Plants and equipment m of the commy com corn my any were valued at less than at the ginning of 1933 Bingham mine as of January 1 1 1934 was orth arth as against rear before Arthur ur plant 3 5 5 compared with last lastu lastar ar u Bingham and Garf Garfield railroad this year and 1 51 1 a a. a year ear ago Magna plant 3 3 each year and transmission 1 iti ci each year ear |