Salt Lake Telegram | 1911-08-12 | Page 4 | Last Year's Copper Product

LAST TEAR'S COPPER PRODUCT. . The Boston News Bureau gives the production of copper in the United States for 1910 at 1,165,-711,836 1,165,-711,836 pounds . for the tbirty-fiv principal companies. com-panies. The net earnings are placed at $38,000,000. It wa pretty well established that the coat of mining min-ing and reduction amount to 91, cents per pound, but the product in aome cases reduced thia to 4. cent per pound. The year's product was the greatest ever "harveated." Five prominent com-paniea com-paniea alone contributed no leas than 625.000,000 pounds, or raore than 60 per cent of the total production. pro-duction. These in their order were the Anaconda Copper ewmpany, with 'a production of 266.608,461 pounds f eopperj Phelps, Dodge 4 Co., with, 138.-805,654 138.-805,654 pounds; the-Utah !oTrper wmpany, with 85,644,511 "pounds; the Calumet and Heel company, com-pany, with 72,672.469 pound, and th Nevada Consolidated, Con-solidated, with 63,000,000 pounds. It may be noted that th earnings ef these nve companies aggregated aggre-gated about $21,000,000 and that the dividends paid on -their . stocks rihr almost exactly, the same nn6unt ,' . :'-'-rf ., ."V-:, " ' .