Utah Copper Mine

Utah Copper Mine Bingham Canyon


Stock #: 34529
Type: Postcard
Era: Divided Back
City: Bingham Canyon
State: Utah (UT)
Publisher: Frank H. Leib Co.
Size: 3.5" x 5.25" (9 x 14 cm)

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Additional Details:
This great Mine is located 25 miles from Salt Lake City In many ways it is the worlds greatest copper mine. It has developed to date, June 1st 1914, about 360,000,000 tons of ore, averaging about 30 pounds of copper per ton. Total amount of Copper in ore developed, 10,800,000,000 pounds. Copper shipped to date 600,000,000 pounds. Gross earnings over $85,000,000. Has paid in dividends over $23,000,000. Value of property on a hasis of copper selling for 15 cents per pound $1,000,000,000. Probable life of property 60 years. Milling capacity per day, 24,000 tons. Operates its own railroad. Equipment, 63 locomotives, 22 steam shovels, and 1,000 cars of various sizes. Employees number about 4,000. Monthly payroll about $380,000. Par value of stock $10 per share. Capitol outstanding $15,800,000. Dividends $3.00 per share. Copyrighted 1914 by Frank H. Leih.