Inter-Mountain Republican | 1907-12-15 | Page 16 | Utah Copper Earns $120,000 in November

U IN NOVEMBER VEMBER NO Net Profits Make Good Showing Showing Showing Show Show- ing Despite Low Metal Market Itah h Copper company in November O ember produced d pounds of or copper and earned net not profits of or compared com com- pared with T net profits of or for Ot October according to a n d dispatch I pI ch from Boston received yesterday yesterday- over the tho Pollock wire This Is 19 slightly IlI in excess of f 2 2 n 0 share per annum um on tho the shares ls' ls have I which will bo be out when bor bonds Been converted The c company exp expect Ct to bo he producing at the tho rale of or per annum compared with with v time timeS Ap Application p at the th pr present p will bo hI mado the tho stock on Roston Stock c exchange n l Tho Guggenheim ownership in th the company compan Is 18 largely I in the tho convertible bonds bond back of ff which wore cro placed shares of ot stoc stool stock On Only a. a small portion of tho honda bonds have yet et been heen con ert converted d. d Of tho the remaining l Of 0 shares shares- of ot stock 60 per pcr cent cont Is controlled con con- trolled b bY the thc t directors in the th WeltI West Welt I I including Spencer r t Penrose Charles Chale lc D. D C. C and arid Colonel K fi A. A Wall Wal thoro thero are aro 00 stock stock- holders Within a year Utah Copper stock sold Mid at 15 Ci a share ln atlon o of present operating results Th The stock IH Is now selling at nt 15