Show I r MARKET FUR FOR METALS METAS I IS IMPROVING SAYS HA YO EN Chairman of Utah Copper Company Finance Committee Committee Com Com- I I Optimistic I ha hu Just been received 1 In salt alt ait Lake a circular letter cent out by Charles Hayden Hay Hay- den chairman of the Utah Cop Copper r compan company com cons pany pan finance committee In which haup he ha heays ays up Beginning with 1915 the Utah Copper company corned In six elx years year more It paid out In dividends On Only I about of ot these thue surplus earnings earning were used In additions addition to properties and plant plants or for prepaid expenses no po that some 19 U- U of the undistributed earnings earning for that pen perl 1 remain In copper cash government government govern govern- ment bonds bond and copper export note notes There ha has ha been a substantial Improvement improvement Improve ment In the metal market since alnee th the tM do clos closing ing of the on April 1 1 and due to the strong trong financial condition In which the company compan finds find Itself the director directors felt that the th stockholders were entitled to some dividend out of the fund funds which were withheld withheld withheld with with- held from them during the past put period of large earnings A ANACONDA ACO DA Mont June 27 Although Although Its It mining operations operation have ceased the Anaconda Anaconda Ana Ana- conda Mining company compan had hae maintained it its It wire rod mill activities at capacity This plant located at Great Falls Fall Falla ha hae ha been turnIng turn turn- Ing In out about six alx lx million pound pounds of wire monthly thereby affording an outlet for a small mall portion of the company company's metal metat sur sue plus Last year Anaconda produced and sold eold approximately pounds pound of manufactured manu co copper per products product D By fly reason of It its Ita location In the far West Vest the Anaconda company has ha that field practically to It It- self celt through It Ite ability to undersell East But ern sen on account of ot the freight differential Early Barly In the year the company obtained an order for Cor ten million pound of ot copper wire from the Pacific Oa Gas and nd Electric company com corn pany palsy which quantity ha has Ince been duplicated duplicated du du- by the Western Union Telegraph company It was wa this six alx months months' old order which was waa wired on from San l |