Show UTAH CON COMPANY MAY BUY ANOTHER MINING PROPERTY It Dla may be possible ible that tho Utah Consolidated Con Mining company will viiI purchase new mining ground d. d This suggestion has baa been made by George Georgo o L. L Walker who points point to tho fact that the tho company company com pany pan has has has' not not assets in cash eash metals l supplies and its investment in International Lional Smelting stock to the extent of nearly O. Walker is said aid to have ha a n large interest st i in this company compan and has confidence m in tho the ability of the present management to purchase or option option op Ope tion and explore ro other properties as itee it sees flee ee fit V However he makes plain that it is js is advisable at at this time to expend a I portion of the money in further exploratory r- r I work in the tho ho Bin atory compan company's 8 Bingham properties Deeper r development do work in Utah Consolidated territory at nt Bin Bingham ham has bas not brou brought bt as M big results as had b been en eI hoped for It Itis is evident that the company com corn pan pany Pliny- is making a fair air profit as its r report report re re- port for the tho first six months of the y year ar showed that over had been earned and had hadnot it not riot been for the strike it was expected that a a V much larger cr amount- amount would be bo earned during the last half At an any rate rato the tho full year car will show profits profits' equal O 03 exceeding exceed exceed- ing and for a mine min mine that has already di distributed among shareholders this this' showing I is not bad baa Tho profit disbursements this year have been or the tho largest est since 1009 when 4 was was' paid V The Tho company compan will show e earnings of at least 2 per sharp share this y yar far ar Nothing new v in the way of de development develop cl p ment meat li has s been boon reported from tho the mine mme mine for Cor some rome orri timer time Since Sinco w work rk has line been only a small email force of men has been cn engaged though th the the- Y forces are arc gradually being increased Probably two jwo months months' out of the year will vill be lost ost b by the strike and shipments have hao not yet et been brou brought ht up to the ton on mark Costs are arc rc not as great ca t as ashey the o when the corn com they hey wore cere a n year a ago pan lany pany was ctt extending its development by sinking its shaft and doing a great reat deal of oC d dead nd work Lar Larger er profits are arc rc being being bong be- be ing ng made on on the production this year for tor or tho the reason that a much better prices price is s obtained for copper President Channing Channing Chan Chan- ning is in the tho field fleW a great deal of the time ime and it is reported that he is au- au to buY bur anything that appeals to o him |