Bisbee daily review., 1906-04-19
I'M M ENSE EARNINGS
Production For March Figured at Rate of S21,000,000
 Per Annum.
WASHOE SHELTER WORKS
 ITS FULL CAPACITY.

Boston.-The March output of the Amalgamated Copper Company was 17 ,5O0, 900 pounds and as the company is producing its copper at cost of not more than eight cents the pound and receiving IS cents at close esu- ings for the month at this very con serve estimate represent a goodly sum. and if kept up during the entire year would represent approximately $21. 100000.
 The main bulk of the March output came from the Washoe smelter, which is now working well up to its capacity. but which will receive the effect of the extension of its reyer- beratory shells from 10S feet to 116 feet in the very near future. This improvement, when completed. will mean a still larger output for each month of the current year.
 The tonnage handled is so large and the treatment of the ores is carried on at such rapid pace that the com pany is constantly finding ways in
 which economies can be effected that will result in still greater saving and consequently a bigger return per ton of ore handled.
 In addition to its own ores the com pany is handling big tonnage of GUS tom ores which are yielding big profit, and the discovery of bonanza ores in its own properties makes 1t possible to run up the percentage at any time the management desires tC
 do so. These ores, however, are be. ing held back against poorer markets than the present one, and the compa' ny under it's wise management is us-
 ing the lower grade ores wherever they are available
 Those in a position to know state
 that the time is not far distant when Amalgamated will make full and ex- act statement of the standing not
 only of the big holding company. but also of the constituent companies
 which will reveal condition far in
 advance of anything that has been claimed for it and far better than can
 be made to show from any available data
 Since the elimination Of Heinze as a factor in the com.:any's affairs it is 1 said there has been a distinct change of tone and Amalgamated is now in a DOSltlOn tO CApdIu uCfSicP haS properties it controls on broader and
 more comprehensive lines than it has | been doing in the last three years. | New York.-The directors of the
 Amalgamated Copper Co. are schedul. ed to meet on April 19 to act on the quarterly dividend. An advance in | the dividend rate to per cent is con sidered highly probable in well-in- | formed circles 1t is estimated that the AmalgamatedNe Company is. at the present rate of Production and ruling prices for the metal, earning sufficient l to pay the present dividend and add
 at least S1.50G,000 a month to the re- serve fund.
 1 As the company is now earning more than three times what il is pay | ing, and in view of the fact that its 1 holdings of cash in it's treasury are 1 conceded to be larger than at any time ! in it's history, there is no reason, it is l contended, why the dividend rate should not be increased. An advance | 70 per cent would be entirely in line
 with the conservatism which 1t Is | known the management purposes to
 pursue in the conduct of the compa nys affairs.
 On the break yesterday in the price | of the stock, it is said by some close observers that a heavy line was ac' l cumulated by important interests re l lated to the insiders.