Show QUARTERLY REPORT OF ot UTAH COPPER COPPE I f Advanced statements nh on the tho Sep Sep- h quarter f of or the tile Ut Utah h Copper operations show Mat fint a n splendid record of of production is being made The cost r in having been lowered to S cents a pound 1 J will m come as a 1 t surprise to lo bomo orno who ho have been becu watching the treatment of the low Jow grade ra c porphyry ry ores in DiD Bing Bing- I ham Net profits from mining and milling operations J G nci additional income 1 l Total oal net profits for quarter 7 72 I l. l Iso tonnage milled clurn during the third r WItS was greater renter II by 13 an IL a lra alra average l' l of or approximately HID 1111 tons tOilS per day dar than that for tho preceding This increased re cc t tonnage e to together ct wit with h t the hc increased copper contents of oC all the ore ure treated Heated resulted in in the total amount of or ore treated during durin- tuG the period having hay hav log ing contained approximately pounds moro copp COpt copper r than did the thc total amount of ore oro treat treated cd during tho the see see- ec- ec ond quarter The gross output of copper cop cop- per Ter was 11 however 0 wC lr 62 pounds greater than that for the previous quare ter tel For this quarter Her the average cost COlt of both plants was 80 rents por pound for Jor the n net t copper produced after deduction de de- le- le of or smelter allowances as Ht against 19 cents per pound for the thc second quarter and i nd GS cents per J pound for br the 1 first rit quarter r. r Considering t the e J O of the Garfield plant vIanI b by them them- Delves helli the cost pCr per pound of net copper copper cop cop- per pr produced was Tras iG The costs t at the Copperton m mills ls are arc and always al will be somewhat hl higher her than those at nt atthe the Garfield plant Tho The Garfield plant pro produced more moie than 00 90 per pl cent of tho the total copper opper resulting from the quarters quarter's op operation on The cost of mining and aud milling was nAs reduced reduce as us compared with the previous pro pre IOUS quarter h by ly nearly 9 rents cents per pr ton of ore The Tho adu actual l cost at the tile plant of milling at Garfield was sli slightly slight slight- ht ly h i in n excess of 47 cents a ton The rile average e milling hUlling cost at both bolh plants including all fixed and general char charges cs was l St 8 c cents per Ter ton The cost of oC mining and all expenses incident thereto there there- I to at the mine mine was as l 1539 cents per pcr ton OD I |