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Show Utah Copper Net Income Gains 1934 Proceeds Increase to $2,084,731 Output Higher. Net proceeds of the Utah Copper company for the year 1934 amounted amount-ed to $2,084,736 gained from the mining and reduction of 4,086,800 tons of ore, according to a report filed with the tax commission yesterday yes-terday at the capitol. Based on these figures, the assessment as-sessment for net proceeds will be $6,254,210. and the total assessed valuation, including real estate and improvements, $17,526,303, ;is compared com-pared with an a.s. essed valuation of S17.004.3G5 for 1933. Net proceeds in 1933 were $1,734,052.00. The company, according to the report, re-port, values its real estate at $346,593 and its improvements at $10,925,500. Included in the improvement hold-; lugs, was an item of $1,292,825 paid1 for machinery and other improvements improve-ments purchased from the Bin:;ham and Garfield railroad. Gross proceeds were $3,527,244 and , extraction and reduction costs, $0,' 842.507. j Ti |