Show COAL MINES American Smelting Company Wi Will Be Independent on Fuel Problem The American Smelting R Refining company i Is going into the coal producing busine business and wi will spend several hundred thousand doUl dollars In opening fe mine mines an and establishing coke ovens near near Trnidad Trini Trinidad dad NS says the Denver Post Te The product will 1 be for OUr own cn con consumption ys Franklin Guitena general mager manager of oC the It wi will not be put on the marke market but wi will willbe be plants consumed t by our smelters and oter other The plants of oC American Smelting Refining company in Colorado re require require quire thousands of tons of cl coal daiy daily The fuel is being purchased from producing companies In this state at fIgur figures aD and the cot cost of fuel is one or the f larget largest items of the smelter company for its operation expenses So hea heavy ha has the expenditure for fuel become that Gen General General eral Manager Maager decided to pur purchase purchase chase cl coal lands a and develop them Some months ao ago Jad land situated twelve mies miles from Trinidad was secured and this wi will willbe be made producing pro property pert As i It require requires from one to two years ears to todo todo do the development work necessary to the production of co coal from a mine there wl will be n no change in the demand of the smelter company for fuel for th that t length of time This is the first venture of the Gug Guggenheim Guggenheims genheim into the coa coal business of Cob Colo Colorado rado There is a probability that the company a as it its production of fuel In Increases creases wi will put col coal on the market and wi will be a competitor of the Colorado Fuel Iron company the Victor Fuel uel cm corn pan pany and other producing companies In Colordo Colorado |