Show United Park Showing Loss Report Says United Park City Mines Co mining profits profits hit hit by less favorable favorable mining g conditions a decrease decrease de de- crease crease in lead price and higher operations costs costs are are reflect reflected t in increased losses for all company operations the first nh nine e months of 1966 1968 The firm reported a net met loss of compared with for or the ye year year r ago period i Mining division profits were down to from th the reported a year ago The loss was wis experienced largely large large- ly in the Resort Division which rep reported But ut this was considerably less than the resort I divisions division's s loss of for the 1965 period Division income waS wasi was was' I up to 5 compared with l I the year before I Mining division income was 1 I for lor the nine months com coal com I i pared with 41 the first nine months of 1965 But expenses also were up totaling totaling totaling to to- 1 compared with the year before I The price of lead dropped from I 16 to 15 cents a pound last May I and to 11 H cents in October 11 The e I report however does not reflect II the period of the last drop 1 I Net working capital Increased to from a year I I I ago Salt Salt Lake Tribune |