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Show I MORE WONDERFUL THAN ALCHEMY. With copper at $17.50 per hundred pounds, the Utah Copper property at Bingham promises to !eld an unprecedented un-precedented revenue to Its stockholders. stockhold-ers. Last year, with the red metal at an average of 13 26 cents a pound, the porphyry mine yielded a net profit of $8,678,491, The output was 115,690,000 pounds on a reduced basis of operation due to the upset in the copper market following fol-lowing the outbreak of war. Running at full capacity, the Utah Copper should produce 150,000.000 pounds of copper in a year, which at 17.5 cents, would return to the stockholders stock-holders $15 000,000. The wonderful thing in this production produc-tion of wealth le that the mountain of material, estimated at 350,000,000 tons, from which this fabulous wealth is being drawn, was a worthless mass ten years ago, and remained such until un-til the metallurgists, millmen and crackers worked out a process by which 1 l-Z per cent copper ores could be successfully treated. |