Show UTAH flAil MINES OUTPUT INCREASED IN 1907 T Total atal of Dividend Payments Likewise Larger Largel Than Ever ver Before cWILL c 1 WILL BE GREATER IN 1908 i Big Companies Just Getting in Swing Has Notable Effect An 11 output of metals of upward t of ot anti and dividend di payments from tho the mines of or 3 with some somo cl close so corporations co undoubtedly on a 3 paying basis that arc aio not included o l la In tho the list is tho the decidedly eci creditable record of Utah In a mining wa way for 1007 1907 It is a 3 gain on both counts over oer any previous year Dividend DI payments for 1900 1906 were l while s tho mineral production of or that year cal according to government reports amounted to 31 A As illustration an of or Utah's growing importance as a mining mining- state this showIng showIng show show- Ing is especially significant In view Jow of tho the fact tact that tho the last half hoIr of ur tho the year eur on omi account of time the drop In prices of or metals and the time financial disturbance o. o over the country probably one half tho the mines mimics 0 of tho the state W wore ware IO compelled to 10 clo u down entirely white while a u. large proportion proportion pro pro- portion of or tho time remainder greatly re- re lr outputs output and some were obliged e eto to cut their regular dividend dl payments Notable exceptions to tho time rule rulo have boon been time the Utah Copper company compau and the tho Utah Consolidated cO company cOpan pan both hoth of ot otI which ar are able ablo to produce copper at I low cost Utah Consolidated Is Js rated as ftc the time lowest cost producer In tho time world Its Ito cost of or copper output out out- put iut being boing 1 11 i thc of or 7 cents a pound Utah Claim COf MII I Utah Copper CODor was just getting in fn shape for lI heavy y a production when whon the tIme came caine With a little more mure than one half of or Its new concentrating mill In operation during November It produced produced pro pro- pounds of or copper and an earned not net which Is equivalent to 3 31 cents a pound profit on a 13 cent ISA-cent copper market et TIme The company's concentrating con con- capacity which Is now HOW about 1800 tons of or ore oro dally daily having hn been In Increased Increased increased In- In creased since last month will soon boon bo ho Increased to tons tone a da day or at it t least tons annually Running to Its Us full fuli capacity it Il will undoubtedly reduce the time cost of or producing it its C to S Scents cents a 3 pound or 01 better is IH operating un under un un- der almost precisely the same sanio conditions conditions condi condi- as Utah Copper Coppel Doii are operating operating ing In tho great veins of Or porphyry Tr mein ore oie oreIn In the tile district Tho The Boston Boston- Consolidated I Is jUt just Just t mIll n- n mill of tho same Came capacity a as that of oC COper Copper Copper Cop Cop- per and It will no doubt show aho as us good earnings With Writh still other lo low cost cost pro producers Inthe Inthe in inthe the camp such as the Tampa Yampa alII and 1 Ohio Copper that nr are arc ready ol or ready for tor greatly Increased production pro pro- and with on one or more moie gold districts coming Into prominence it will bo be s en that Utah IB Is almost curtain cur tain to both Il It Its metal production production production tion nail and its Us dividend pa payments during 1 lOOS lOS almost regardless ot or conditions of ot the UIO metal markel And nd th there thOro ro robe be bo th y clearing of k skies kles Is after the first t of or the year car tho the lilt In Increase lil- lil I t crease rease will Ill Ui be L tIJI enormous I I I. I 1119 lu Of oC Smelter Off Off- Oft cl tf While one mae oC or th tha valley smelters i that that of ot tKo the him Bing com com- t nau reH a already h lits the Utah Consolidated Con mil tony may y el elm close elmIt f o It lILt plant aim the tho thoI United i States t h company JH has lias S greatly Iy re- re I the amount of OIO ores received it tC O lo losice ee In production will wi be Ic offset off off- of- of et set to some ome h by the doubling of or orthe the time capacity of or the Iho American and ni Uc ning company U aril eld plant ly hy th the t in April 4 the of-the m l r in n th the district dietrict and x HC- HC to In to advices lc from New W York Yorke by tho thu r rehabilitating and und placing in commission commission- lon of ur th time the company's smelter at Milford Iford It I is ts s probable that tho tim new smelter or some omo other large Independent Ren t pl plant nt will wt bo be un under or s I I way way before booro the new year is far tar spent spent Tho The figures for the time 1907 1007 production n have llave e been boon obtained from smelters smelter anti and mills mils and amid are to some somo extent based basell upon estimates but they are doubtless approximately correct They how show a aI total metal output from roin Utah plants plant I of or rIG but It Is 1 figured that 20 O per el cent of or this sum suni sh should uld be accredited l ell to Nevada Xe uda ore ores ores' that havo u been beon sent seat to this state stale for or treatment This flits leaves 3 a as Utah's ton tion A A largely hugely increased e 1 tonnage tonno of or gold ore was received at al the smelters as rut compared with wih 1901 1905 1906 this tItle coming cominS' mostly most most- ly i from Nevada which was wag tIme the case caso In lesser Jesser degree degree- with silver siver Tho copper copper- has como come main mainly from Utah mines mimics the time Increased tonnage being from Crom Bingham and Beaver county count with wih some somo front from the n and other now new districts of or Ne evada Considerable lend lead lent has come Idaho while while- the mines of ot Tintie greatly Increased their loh output The zinc slime ore marketed came camo from tho the Scranton ton toil tOI mimic at 11 Mercur produced tho time quicksilver quicksilver quick quick- silver noted nott In III tho the following table but owing to time exhaustion of or tho time deposit de Ile- posit tho the property ty wu clo closed cloned e down several soy sev eral en-al 1101 months ago ngo It I i Is iH believed however how how- ever cr that other deposits will Hl bo be opened 1 Ui there ere lio 11 Yours Yours' The table taulo shows the limo production given gl I In en on n b b by government go reports for tur 1 10 1000 OC and th the figures obtained from smelters and i other lither sources for tor 1907 g I 1906 1907 1007 I hold GolI I. I 1 13 Sliver Silver 11 o Copper eO 1 I Loud Lead l 42 6 i Zinc Ino 2 Quicksilver O S o Total 17 8 GS U. I I I |