Show GENT SEVEN CENT METAL IS UTAH COPPERS COPPER'S fOAL GOAL May Have to Utilize Railroad Charter to Carry Production Production Production tion Plans The Utah Copper company hn has been placed on a producing ba basis I of about pounds of oC copper per annum and has hns It o of cash now in the bank hank or 01 to its credit credi with time the tw Metals Selling company compan f says S 'S the Boston News Bureau lureau This will wi 1 bo hie sufficient to meet meEt dividend divi liv- payments o of 50 O cents per share September 30 on n the time outstanding Jn ing shares anti and meet any aW new construction con con- need needs as th the company f is earning at fl tho the rate of 4 a sharo on I 13 cent cent 13 copper The Ihie mana management ement believes hIe es that with wih I 1 12 sections of he Its Is mill mi In operation operation- 1 11 1 ar are aro now no In commission the commission the company com comit- pany will wi be IH able to produce copper at nt atthe the tue tl rate nato of pounds per annum annum an an- num especially as with wih l deeper cepel mining there Is Improvement in the grade oCo of oC j o 0 ore re rh The rho mana management ment has hns set a goal to tobe tobe tobo be bo attained the attained the the recovery TeCO of or 25 23 5 pounds of oC copper IH per I ton at a a net COt cost including Including e everything of or seven se cents a pO pound The problem to bo he met In this thi proposition pro position is largely el one of ot 01 porta- porta ton Jon iou The he mining anti and transportation of or of time the tons ton or ore a df lay day over o el Gould road from ham to Garfeld Garfield Gar Gar- field feld Is a task of o con considerable ma magnitude mag and amid with wih any n Increase in its Is capacity it il is a a. n question I if the com corn compan company pan pany will wi not have ha e to take advantage antage of oC the railroad charter it recently secured se secured se- se e- e cured and build its Is own railroad from ham to Its Is mill mi An n Increase in inthe in the he output of o the he Boston Consolidated com company pan will wi be an l additional tax on tho the Hlo Rio Itin Grande Western estern which ma may interfere somewhat with wih Utah Copper company's operation |