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Show THE UTAH COFFER MAKES A GREAT RECORD The Boston News Bureau In commenting com-menting on the unparalleled progress of the Utah Copper Company last week had the following to say of Its work during the past ten years: Ten years ago this yoarM)n October Oc-tober 1. 1908 Utah Copper patd its first dividend. : Stockholders in that , year got $t9fi,000. Ia . ro years j of 1916 and lr.:T t.V.y g,t I4-2.S00.00O. The record of the past ten years for' Utah Copper is without a parallel in copper annals. In the decide the mine has produced over a billion pounds of ' copper, or, to be exact, . 1;137,T24,832 pounds. This copper has been "made" at an average cost of 8 1-2 cents per pound producing over $75,000,000 of dividends, in addition to rolling, up a working capital of $30,000,000. And today the mine has vastly greater or reserves than were known to exist ten years ago. Volumes have been written and could be written on this and that phase of the mine's colossal operations, opera-tions, but If a concrete picture of ten ye.irs' achievement is desired it Is had In the figures presented below. In the period mentioned, tiie fctock has sold as low as $20 per share and as high as $130. . Todty the Kenneott Copper Company Com-pany Is the biggest stockholder, being a stockholder of record of &ir.."04 shares 38 per cent of Utah's 1,624,-000 1,624,-000 shares. The ten-ypar record covering cov-ering the high spots of the mine's attainments at-tainments follows: 1917 'Earnings per share. $1766: production, poundB, 191,337,111; dividends, divi-dends, $21,555,1105; working capital, $30285,889. 1916 "Earnings, $24.46; production, 187.531,824; dividends. S19.433.8S0; working capital, $30.il4G.3iI0. 19H6 Earnings. $24,46; production. 187.KM.&24; dividends. $! 9.493, S80; working capital. $30,146,312. 1915 Karninss. $11.03; production. 148.397.006; dividends $t;,99l.0H3; working capital, $1397.922. ,114 Warnings $5.84; production, $115,690,443; dividends. $4,827,88",; working capital. $3,967,654. il913 Warnings $5.38; production, $113,942,834; dividends $4,747,710; working capital, $3,415,902. .1912 learnings $5.35; production, $91.366 337; dividends, $1,729,748; working capital, $1,688,799. 19111 Earnings, $3.96; production, $C3 514,419; dividends. $4,703,022; working capital, $1,200,534. lfHO Earnings $3.46; production, S.", RliAl ; illwiitOTirtK 11 (UK working capital, $3;iCCil9. 'dividends, $696,387; working capital, I lMiiy Earnings, $2.!M; production! 51.749,233: dividends, $1,404 1187; working capital, $1..'IS0,!)28. 1 90S Earnings. $:.3:i; production, $.4 051,212; dividends, 0C96,.'i!i7; working' work-ing' CHDital, $1,479,244. |
