Show iRAY- iRAY RAY CON P PRODUCING POUNDS A correspondent of Thompson of-Thompson on Towle Towie Co writing regarding Ray tay Consolidated says Ray nay Consolidated hH has recently made mado rapid I toward Increasing production production tion the Ule output now having reached d the rate of ot around pounds per an an- num ni M Meanwhile et excellent pro progress l Is 18 attending tho the construction of or the re remaining remaining re- re units of the concentrator thanks thank to which the future Increase In productIon production tion will be more rapid l so 80 that well welt before ber be be- r fore re tho end of or 1912 th the tho company should be supplying ore to the capacity of ot Its plant tons dally daily producing copper at atthe the rate of ot pounds r per T year The tact fact Is ill deeply significant that with its Un present scale of oC production Ray Bay Con Con- has hu established h d a a cost per poun pound of 9 3 cent cent n. Th The Thill present showing furnishes fur tur- excellent foundation for the belief be be- lief that when supplying tons toils of or or ore dally the cost coat will be be- reduced to SS 6 cents cent per pcr pound and I possibly lower It It la Is very safe eafe to ItO say uy that the Ray Consolidated will mil not stop atop at Iho the production production production pro pro- of pounds p per per r year car carIt It Is f quite likely th that t the coming comins- year will witness sg the currying carryIng out of of plans plan a which will wilt permit the treatment of tons of or ore dally In the event event- of or which there Is hr an an Indi Indicated yearly output of or pounds Th The active d development of or the Ita Ray flay Consolidated d commenced during the closing cbs clos ing In months of or 1908 so so that around four yearn will have hase been occupied In the tho work preparatory to tn the production of or pounds per por year year a ear R. a record Unequalled un unequalled unequalled un- un equalled by any copper mine In this c coun coun- coun un- un try triP |