Show RAY CON AND CHINO WILL INCREASE ORE OUTPUT THIS MONTH With r reference ore e to production at th the te teRy Ray Ry and copper properties D. D C. C Jackling std said this morning that there would ou b bo be an increased output shown hown bOW durIng during dur dur- ing this month While tere there nay may m be bo littie little lit lit- li tie tle te change chango In in the production from Chino China this month owing to some of the ore oro treated being bele of ot a I. lower grade than that se tt during August the output will b be fully as a large In August t A th the tb wl production amounted to approximately pounds and this month It Jt may be as al much as pounds The R Ray Bay is 11 operating with six Ix sections on an average of ot ton tons dally daily daly Before Before Be Be- fore tore the close cloa of ot the tho year the seventh section will wl be put In and the tho output will then run ru up around ton tons tone I daily daly At present the tho te six alx sections section ore are ae treating only tons ton as a splendid recoveries l can be bo made on a a. smaller tonnage than the tho plant plantIs Is I. rated for tor It would not be difficult forS for tho the management to treat trat tons ton dally daily daly S with the tho six Ix sections now operating but butaU all aU th the tho ore or forwarded to the plant can can be handled at the tho present rate rte of tons ton daily Ray is now producing about abut th the same earns amount amount of copp copper as a. a Cino Climb Both companies compa compa- ales nies are ae making nice profits on present operations as Cino Chinos Chinas ore oro is ii being bing produced produced pro pro- pr- pr duce for about 0 6 cents cent a a pound and andRay's andRay's andR R Rays Ray's costs cost COlt are ae fractionally above bove 8 9 cents On the tho present price of O copper metal Chino Cino is II earning net in tho the neighborhood neighborhood neighborhood neigh neigh- of at 12 1 cents cent per pound and Ind Ray Raya Ry a a. little loss leas than 10 cents cent Figuring both properties on a pound production monthly it can can be easU easily son seen an that ta these thelo properties will wl b be bo prepared to t go on a e dividend paying basis buls early erly next net year Ray is J rated as a. the second largest laut porphyry por por- mine and Chino Chine the third largest in the world Both Doth are just entering upon their profit making maing careers cren and are I among the best equipped and most mOlt ex extensively ex- ex eI e- I developed of or any western mining min mm ing properties I |