Show NET jj PROCEEDS OF UTAH MINES MINESt r 1 t DECREASE Material Falling Off Indicated Indicated Indicated Indi Indi- in Reports to Equalization Board Distinct falling off oft In tho the net proceeds proceeds proceeds pro pro- of or mines for tor 1918 and compared with those of ot 1917 on which the Iho 1918 lOiS taxes collected Is Indicated in reports of of- the net proceeds of or mines filed with the stale state board bord h of equall- equall Z Decreases in the copper market market mar mar- ket ct Increases In mine mine- costs Including Including including ing wages of or are arc believed to bo fie o responsible for the tho drop of In tho net proceeds of or the Utah Copper company The Utah Copper company last year paid taxes s on l H and in dadi- dadi tion paid an occupation tax of 3 per percent percent percent cent of ot that amount less tho the federal taxes paid tho the year ear previous Tho total taxes paid last year b by the company company com cont- pan pany exclusive of or taxes on surface Improvements of or tho the mines mince and at atthe atthe the mills were approximately 1125 r- r This year car the tho company's compans net proceeds total and the company will bo be required to pa pay tho the straight tax rato rate on en three times Its net proceeds which it figures at The net proceeds from the Dalton f and Lark mine of ot the Bingham Mines company aro are reported this year car at against 18 for tor the year previous The Tho Eagle and Blue Bell nell mine reports net proceeds of as compared with the year ear f previous and the tho Victoria mines re reports reports reports re- re ports not proceeds of as compared compared compared com com- pared with last year car Tho Utah Copper report to tho the f board shows that tho the gross yield of or orthe i the company from Its mining operations opera opera- was 6 37 in 1918 1915 This came from tons of at ore arc of or which the tho metal yield was ounces of ot gold old 0 ounces of ot I sliver silver pounds of l lead d an and pounds of copper No zinc extraction Is reported |