Show BIG BIC COPPER MINES Will INCREASE THE SIZE ShE OF ut DIVIDENDS With lh copper metal In greater geter demand than has probably over b been en known Inthe in inthe inthe the the- worlds world's history and tho the prospects of ot still further advances avance in iP the price of or the te metal metal it i Is little wonder that several of oC the tho big producers are 88 ep expected to t In Increase Increase in- in crease cree their profit disbursement to t share share- time It has haa been boon holders For Forsom som some ha clam claimed d that tat such concerns as ai the A Amalgamated Amal should place Its shares gated Copper Is on an an increased ed dividend basis bais and d nd of ot this an eminent authority says MY There Tee is 1 now noW every ever reason to t at the meetIng meetIng meeting meet- meet that Copper te Ing of ot tho the directors on October 17 17 1 will get Ket an increase ae in tho rate rate There has been talk talk that the dividend to bo be de declared de de- dared clard b by Amalgamated tat would bo be at the te rate of ot 6 5 per cent annually but accordIng accordIng accord accord- Ing to Interests in the copper trade the stock tock will bo be placed place upon a a 6 per cent pr basis buls With Amalgamated receiving Wih annually from Anaconda it itcan itcan can well wall afford to pay to Its Us shareholders shareholders ahre- ahre share share- holders holder cn 1 11 per cent quarterly Earnings 1 from sources outside of Anaconda Ana conda Copper run rn V very r close close- to t a year so FO that Amalgamated's income at atthe atthe at atthe the present time must be at least lout a n year or close cose to 7 per cent an an- With Anaconda Anaconda earning ering at the rato rate of ot a year yer It i could pay 5 a share on Its stock and ad there there- would then remain a Is small smal surplus Five dollars dollars dol dol- lars lam a share hare on Ana Anaconda would mean meon an an Income from this source for tor Amalgamated Amalgamated Amal Amal- Ama Ama- of which ade added to Income other than that that received receive from Anaconda would give a total of at least equivalent to about 1075 1076 annually 6 on Amalgamated stock It Is not believed that 5 a share for Anaconda I and 6 S a share for Amalgamated Amalga Amalgamated mated will be the lost last lat Increases these companies wi will receive If It I there is no change for Cor wi tho the worse in the copper situation situation situ situ- there is s every reason reson to believe beleve aton that Amalgamated before the close of the first half of C next year will wl be payIng paying pay pay- Ing In at least 7 a share annually to Its Us I shareholders VI Within thin the next six months there will wm willbe willbe be a a series erle of oC Increased copper dividends Utah Copper and Nevada Novada Consolidated will wi Increase their respective rates al although although 01 al- al though this ma may not bo be done until the first of ot next year due to the plan of oC the management management of ot first making Utah Copper strong in working a assets sets Utah Uth Copper Is making a better beter showing based upon the market value alue of ot Its Is stock than any other copper company Its Is earnings are running between 11 1 and 12 a a share or four Cour times the tho to present dividend of 3 a year ear Utah Uth Is paying shareholders approximately approximately approximately ap ap- ap- ap proximately annually and Its Us Income including Its equity In earnings earing of ot Nevada Consolidated Is in excess of ot a 1 year Of Ot course coure this estimate estimate est est- esti esti- mate Is Is' more or less theoretical as ns ItIs it itis is based upon cent copper and a production pro pro- ducton of ot pounds a a year ear for Cor Utah and the Jailers Jailer's equity in Nevada Consolidated's production no allowance being made for tor decreased production through strikes strike unfavorable weather conditions con con- and other developments tending ane to t cut down output |