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Show TINTIC STANDARD EARNINGS DROP Combined operations of the Ttntlc Standard Mining company. Its wholly owned subsidiaries and the Eureka Standard Mining company resulted In a net Income of. I303.SM.31 In IBM, aa compared to tV6X.eol.31 In 1937, according to the annual report re-port of Jams W. Wade, vice president presi-dent and general manager, which had been Issued Wednesday. Earnings dropped despite Increased In-creased production. The report pointed out that the reduction In the price of silver and lead made for leaser profits. Ore production in 193 waa 13.66s tons aa compared to T0.3SS tons In 1MT. Stockholder at their annual meeting Tuesday reelected all directors. direc-tors. They are Ira D. Travis, Jama W. Wade, H. E. Red data, L. H. Stohr, F. C Richmond, O. I Becker and Roy M. Jacobs. |