Show Mine Will dill Spend S p end S. S 44 Millions In Utah V k 7 r d r rF r x Y Utah Copper Division of l Copper where new expend expendi ture record will sill be beset set in 1918 19 A single mining operation will pour some into Utah business and industrial channels in the coming year Announcement to this effect has just been made by D. D D. D Moffat vice president of Copper Corporation for its Utah Copper Division the highest expenditure in the 45 year history of the mine This is about more than the spent last year The new nev fiscal year started September 1 1 The breakdown given by Mr Ilir Moffat for the 49 1948 year is as follows for materials and arid supplies for freight smelting taxes and md miscellaneous miscellaneous and for payroll pay pay- payroll payroll roll expenditures The expenditure areis based on the assumption that operations will viii h hI hp j during the year Payroll increases are a major ma r factor in the rho estimated expendi expenditures tures tares Current weekly take homo home pay for all Utah Copper Division employees is compared to for all workers in practically every enterprise in the state The average weekly take home pay for copper workers in 1940 was Regarding the new refinery Mr bIn Moffat said that delays in material deliveries made completion of the new plant uncertain Excavation work wonc has started and it is hoped that the installation can be com com- completed completed completed by 1950 The Tho budget does not take into consid consid- consideration consider er tion any capitol expenditures such as the refinery |