Salt Lake Telegram | 1939-02-16 | Page 17 | Silver King Reports Fourth Quarter Loss

Silver King Reports Fourth Quarter Loss Owing to suspension of production by Silvsr King Coalition Mines company on April 40, 1P38, company's com-pany's books for ths quarter snded December 31, 193s, show a net loss of I1S.5S7.2S. after all taxes and depreciation, but before depletion, equal to 1.4 cents a share onathe 1,220,467 aharea of t par value stock outstanding. For the year ended December 11, 1934, company report a net book loss of (2700 after all taxes and depreciation, but before depletion, equal to J of a cent a ahara. Thl loss for the year, company officials said, reflects an adjustment made at the Instance of the bureau of Internal In-ternal ravenue In which development develop-ment exponas ef 172,121.02, applying apply-ing to the first three quartan of the year, were capitalised. Due to dividend payment and depletion, de-pletion, there was no surtax liability liabil-ity on undistributed profit for 193. Potato Market CHII ettOO CHICAOO, Feb. 16 ( A-U8DA Pota-(04bRskj Pota-(04bRskj !( 73 cmrm: ou 'irack, 2M; (total U. 9. ahlpmrnti. 9&2; old aiex-tt up- SHei modtrait; damantl very alow; Colorado IcCluri tnarfcat weak; Idaho ruMt mar-i mar-i ktt dull with waak unrttrtont: Dorthrn I atock. atl vaiiatM markat du(1: eWckad. i par ewt-, IdaJio riMaat B urban ka, U. B. No, l, faw aaiM, 1(H)10: moatly tl.53; Colorado rad WcClur-a, U. 1- No. 1, cotton aacks. moartljf i 90; burlap aacka, ao aalta nportal; wlatsofialii round whitaa and UlcliiKaii ruaaat rurala no aala rportad; North Dakota cobblara, U. a. No. 1. ear, S1.3S. Ntw atork aiip-pllaa aiip-pllaa libs. raj ; demand vary alow, market dull; caxlot track aalaa, par buaha! erata. Florida Bllaa UiumWM, u. ft. Nu. X oa oax, H.TO. 11AHU IDAHO FALL1. Ftb. 1 fAP-UlDA. uppar valley, earkiadi, I. o. b., aaah track to dtalara, ruaau. U. 9. No. 1. moaUr TO O kOc UDwaaba!. waahad and larga hlRhar. U. . No. 2. moatlr 52c: aa otxaalonai car, 50c : an oecaalonai waabad. ft&c. Cah to growari, bulk, par cwt., ruaacta. U. f. No. 1, SB60e; a faw boat hlcbar; a few aa low aa 50c: u. I. No, 1. 30 32 i-a e; aa caatonal Iol aso. Twin Falla-Burtar. taiioada, Mah track to dealarm, ruaaata, U. I. No. 1. TQfjSOc; moat I y. T.4T5, U. 4V. No. 2, cash ta rTowtra' bulk, par ewt., ruaatts. U. 8. No. 1, M55. U. 9. No. 2. 28 30c. THt'BMDAV'ei tOMMOIHTY INDEX NKW YORK, Feb. In The Aaatjclatcd ; Freaa walKbted wholaaalt prtre Index of 55 J commodltlea Thuratlay advancad to M 3:t. 1 Pravtoue day, 86 15; weak aco, 65.0U; Itwoiith ago. ; year au, TO. VS. Ratifa of rtx'atit yaara: ln9 1U3T 10131 HiKh . . 7 na 74 :ir nit m no 22 Low ... ..5 S3 3 M 73.13 41.44 Ki.929 avaiaca aquevia 100.)