Salt Lake Telegram | 1903-02-19 | Page 6 | Boston Copper Men Getting Coin Back

BOSTON COPPER MEN GETTING COIN BACK Rise in Stock Values Since First of Last December Totals Nearly $80,000,000. BOSTON, Feb. 19. The present upward up-ward movement in Boston's copper stocks, which began last December, has resulted In a net gain In their value of $78,870,550. This includes $23,706,250 for Amalgamated, $6,555,000 for Copper Range, $4,150,000 for Utah and $2.093,75o" for United States Mining. At the present rate of advance, It Is predicted that the gain will total over $100,000,000 before the first half of March but this will b less .than halt the shrinkage by the slumping in 1901. The United States produces a round 600,000,000 pounds of copper a year, and an Increase of only lk cents per pound means $9,000,000 more in gross receipts for the industry.