Show I FINANCIAL MINING NEWS AND STOCK REPORTS J INSPIRATION COPPER CU CO MAKES WONDERfUL PROGRESS t Local people who have held their In Interests Interests In- In in Inspiration Copper opper have havo reason Invest Invest- to feel teel sure of a safe and sound Is being being- made m ment nt A A wonderful record fl t ls company compan which one authority following account of the s I S. S A S' S There is substantial basis hack of the 1 5 S rIso In Inspiration Copper shares It is I both from an making a marvelous record operating and a financial point of view 5 The management has several veral times announced announced an an- that it would be e entIrely t y ft fled 1 If p production Iorio could bo be maintained at Pounds of oC copper a month monthS this avera average aver aver- but the mill refuses to hold to a age e. e as it is putting out well over a month In fact the July output outputS and August Is la ex- ex 11 pounds II S pelted was to break all records at pounds f What this means on a cent 25 copper market Is easily calculated With an 81 8 83 cost t Inspiration is earning n 20 20 per cent i pr share g e cg on d Its f. f 1183 o shares k Quoted u d at 56 66 It Is earning 36 p par r cent on its us belling selling S P price It If L Anaconda realizes official expectations expectations 1 I 1916 1016 it will of net for earn 20 per share on its shares If It Utah Copper has four quarters like that for the three months ended June 30 It can earn 25 per share on shares chares Anaconda therefore may be said to be earning 25 per c cent on I Its selling price or of gP 87 while Utah Copper e Is earning 30 per percent v 5 cent on Its selling price of 84 Inspiration earning 36 per cent on its present stock market quotation is theoretically much the cheapest of the three except that of course it does not yet possess anything like the cash assets which the others can show Purely from fm the U standpoint of earnings S on fl selling price I Inspiration o must a advance k ICI k all alle e to 6 65 before o It gets on a stock market parity with Utah Copper at 84 54 |