Show I Utah Apex January Mine Prof Profits s A i A telegram rec received by President from tho the superintendent dent of ot the Apex Utah Mining company company com corn pany reads as follows follows- TIle The 2109 2103 level being driven from No Xo 4 struck lead shipping shipping- ore ote last night Tuesday thus provIng provIng ing Sambo ore re zone extends more than 00 feet teet below the tho foot toot level and increasing probability of ot finding ore on the he foot 2400 level J January nuary profits Thus the Utah Utah- Utah Apex Mining company company com corn pany has has definitely picked up the downward extension of ot the ore body I encountered on the foot 1800 lev level leveland l land and anti later struck on on the 2000 Tills TIis ore body when when struck on the 1800 ran from 16 to 20 per cent lead head and Is the largest areat ore strike ever na f made attha hal mine January profits of ot before before be- be fore tore depreciation and depletion r re reserves re- re serves are re lul likewise the largest monthly earnings ever made The current qUart quarterly dividend of 25 cents a share on the shares calls cals for In the month of ot January therefore operating profits profits prof prof- its Is were sufficient to cover this dividend by a margin of ot In the the meantime development work on the foot 2400 level the lowest working arking point Is proceeding apace Operations there ar ate are being being- conducted through the workings of or orthe the Utah Delaware company formerly formerly formerly for for- merly Utah Consolidated Mining company compan This the the sity of ot Utah Apex sinking its shaft taft and Is a saving in time and money On the foot 2400 level the limestone limestone lime lime- Ime- Ime stone h like s been encountered which I Is Indicative of ot lead ore being reached as operations proceed fur fur- ther Boston Boston News Bureau COFFEE NEW Feb Fob 24 YORK Rio Coffee Coffee Rio No 7 Santos No o. o 4 Futures iu Fu tu- tures turee Irregular March March July |