owned mines in Wyoming with the ore processed through our Lucky Mc Mill having an annual capacity of approximately 2 million pounds of uranium oxide. Our coal operations in 1966 were confined to deliveries from our Navajo Mine in New Mexico against a long-term contract with Arizona Public Service Company to fuel three mine-mouth units totaling 57 5, 000 KW of generating capacity. Normally our annual coal deliveries would be about 2-1/2 million tons but a turbine breakdown put one of the generating units out of service for six months, thus reducing our coal deliveries in 1966 to 2 million tons and causing profits to drop accordingly. Our position in copper is through our 25% interest in an affiliate --Pima Mining Company which owns and operates a copper mine and mill near Tucson, Arizona. During the year Pima expanded its capacity to 18, 000 tons daily, permitting the sale of 57 million pounds of copper during our fiscal year, a 57% increase. Because Pima received premium prices on one-half of its production, the average price for all copper sold was 43.1 a pound, an increase of 2.3 over the prior year. This combination of higher prices and greater production caused Utah's share of the profits to increase from $907, 000 to $1, 865, 000 after an allowance for the taxes that would be paid by Utah on that portion of Pima's earnings that were not distributed. Our activities in iron ore are conducted by the parent company which operates a mine near Cedar City, Utah, and two affiliates -- the Marcona Corporation, in which we own 50% of the voting stock and 46% of -4-