Show TH THE SALT LAKE TE TELE E I IS IN GOOD SHAPE Dividend on Shares Utah Copper Covers Interest Interest Interest In In- terest on Bonds It I 1 Is stated that the Copper corporation may resume reume dividends next July It If the copper market wa warrants rants Thelast The Thelast The last lat q ci quarterly artery dividend of 50 BO cents was wa paid In December 1920 At quarterly meetIng meet meet- i In ing In March 1921 t the dividend de was passed The company 2 Is getting t l quarterly ad divi 1 I of BO 50 coats cents a share or at the yearly e r rate of 8 from I Us its Utah t Copper I company investment of shares more than 38 per cent of ot Utah's outstanding stock Income from Utah 1 la hi I enough to more than cover the Interest on the tho company's 7 per cent bonds due February 1 1980 It I would not be surprising If Coalition Coalton Mines company were to start dividends divi divi- before the summer advanced ad ad- advanced vancel t to for tor further further further fur fur- ther development of Its property This Has 18 been paid off otto owns shares or a a. majority cf Gf stock cf of Its Alaskan neighbor among the lowest lowet cost copper copper copper cop cop- per producers produces Is making its Is metal for tor around 9 cents a a. pound With a further re reduction reduction re- re In freight rates labor and ond material prices costs will wi be further red reduced I will wi Increase the capacity of ot otIs Is its mi mill which now pow handles tons cf d dt ore monthly IY to 30 tons has contracted t with h Oi nt to tt mill g tons of ot ore monthly for fer the I next five years yearl high grade grado assays aSsays as as- aS- aS says lays around 60 GO per cent and its Is milling ore around 7 per cent This was WIS one of the few tew big copper producers producer producers pro pro- I ducer that succeeded In getting through 1921 without having to dip into surplus to pay fixed charges It I did not shut down but tur turned out pounds pound ot of copper last year compared with pounds in 1920 1520 Current output i h I running at the nn I |