Salt Lake Telegram | 1916-02-29 | Page 6 | Utah-Apex Largest Lead Shipper in U. S.

APEX APE UTA-APE LARGEST I LEQ SHIPPER IN U. U S S. S Breaking all al previous records by a wide margin magn the Utah Apex Uth company in the month of January made net profits of or and anc notwithstanding February Isa is isa isa a short month the returns to date indicate indi cate that the months month's profits profit will wl equal or exceed those for January In fact for tor the first twenty twenty one one days of February ary a larger large tonnage of or ore had been shipped to the mill mi than for forthe the corresponding corresponding corresponding corre corre- period in the previous month A A. contract has bas been ben entered into with the United States Mining and Smelting company for tons ton daily daly of the company's company's com corn pany's zinc lead-zinc ores This contract does not Interfere with the daily daly shipment of from to tons of lead ores and concentrates concentrates con con- to the American Smelting and Refining Reining company's plant The Utah Apex now enjoys enjoy the distinction distinction tion of being the largest shipper of lead h ia ores in the nf United States The management of the company will be surprised if i for tor the first six months of the current curent calendar year the net profits do not equal or exceed or say a S month Continued for a twelvemonth twelvemonth twelvemonth twelve twelve- month this would be over 2 per share on the company's shares or 50 60 per percent percent percent cent on the present selling price of the stock share stock stock-a stoc- stoc a small email smal fraction above 4 per I At the present time sto stockholders holder are receiving dividends of 50 cents per share but it I is reasonable to exp expect ct that from the earnings of the curent quarter the dividend will wm be doubled Even this In Increase increase increase in- in crease would be well within earning ca ca- ca