| Show i UTAH T G HOLDS lO lOJ J l t I Big Bingham Company Produces Copper Cheaper Than Any Other Like Concern IS BUILDING UP A SURPLUS Whirl Which May Mn Nine Nitie Dollar n a aShorn Shorn Sharn by b of o Veil 1 I Year The Tbt lIet fact may not net lw he generally Ie 11 known hot bet Utah Uh Consolidated Con can cnn Mow altow proof that it ft holds the record up UD to fb he lie time of or producing copper Opper at less lees cost than any other copper topper mining company III In existence While thile the management ha has not been Induced to 10 masks make a III statement to that effect ar are reasons reason uon to believe bellee Unit that I the lilt output of o title this big mine mimic during durin July Jul very ery close It If not up to that of ot June which was wan tho thu record month In l tah history Till This tact fact lidded added to made mude In the Ibe northwestern purl part of or the mine where wa witS dl clo ed td recently the larg larl largest lar est ell a cc AI well 11 HH a the Ih richest t or ore orA body bolt bolter ever er found In I this thie property ha hu has been III the Wallon for far much mitch favor favorably ably abIt comment b by financial papers paper of ot the till east NI It Jt Is III pointed l out that the output of o the tb pre re ent e nl year Rr will come Orne I up to 10 between H and n O O i pounds of ot copper and that the cost coat nf or producing this copper will 11 be under S 5 Scents cents cent a pound after deducting the gold anti and silver contents This out OUI a net nl profit of ot 13 rents a II pound or between bel M to 10 JI 7 on onan onan fl flan an copper market marker which would mean from M 1 tn 3 1 A share hare Unless s the directors rhan hane e the pres present enl eat dividend baMs U H 6 a share per p r an nn annum num nurn the company will III not nol need ned to draw on this years to 10 m met et tl the dividend requirement and would probably havi har on hand Imn an as a surplus at lit the beginning of or 1907 the Ihl lent of ot about r II i a II share |
