Salt Lake Telegram | 1924-05-17 | Page 11 | Utha Coper Co. Reports $2,132,244 Net Income

Utah Copt Co. Reportt $2,132244 Net Income P Tha Utah CoppoT company for tb nuartar andad March II. 1S24, reported nat Incoma of 11.111. 144 after tasas and tleprociatlon. hot pefora depletion, equlr- lent ta 1111 a ahara aarnad as lit.-141 lit.-141 144 capital stock, psr 111. This. . m pared with IM4T.I4T, or 1 IS a haro aameA ta tha preceding quarter nd 11.241,111. or I-.IT A PharsVb la ba riret quarter of 1SZI. Daring tha flrat thraa months of the crar tha cnpany produced ll.44t.S7l . pounds of copper, com pared with II.- tn 7.714 pounda In tha laat quarter of lift and I4.4at.131 paaada in tba first quarter. Tha Nevada Conaolldated Copper company, com-pany, another 'member of tha porphyry a 1 nun. reported A net Incoma for the March quarter of Ulllll after taxea nd depreciation, but before depletion, j Thie waa equivalent ta 21 cents a ahara arned on ft.(H7 241 capital otock. par 14 compared with 321.:il. or 11 cents a share, earned la Tha preceding euir- ir. In tha flrat quarter of IftJJ net waa 1144.123 before depreciation and. de- r tioa or tha aqulvaient of 17 cents a Tha company produced II. lit. 117 pounds af copper during tha first duar-t. duar-t. r. compared with 17.l42.71t In tha laat quarter of 1P2S aad 11.721.111 pounds in tha first quarter laat year.