Show INCREASES PROFIT WIH ME LO United States Company Adds Add to Earnings and Extends its Is Works Sufficient tonnage of ot ore is In sight in the Bingham Bingha mines of the United States States Smelting company com pan according to the annual report report to assure regular shipments shipment on the present scale scle for a number of years What hot little exploration work was done during the past pat year yielded gratifying results easily adding as rs much to the available ore oro reserves as was wa extracted Ore mined and shipped to the MIdvale smelter Utah amounted to tons The value of the ore was wa considerably in the enhanced by the Installation concentrator conc at of the Huff Huf electrostatic process of separation By this process the zinc contained in the theore theore theore ore is separated and made to yield a revenue Before the installation of this process the zinc was not only a total loss but It added on account of ofIs Its Is refractory nature materially to the difficulty and ond cost coot of smelting At the mine pros prospecting prospecting was carried on with satisfactory satisfactory tory too results The shaft was wa sunk to a depth of 2200 feet feet The shipments of ore from this mine during the year yer amounted to tons At the MIdvale smelter tons of charge were vere treated during the year The lead smelter operated practically to its Is full ful capacity most of the time a remarkable record in view of the small smal tonnage of ore offered for sale on ac account account account count of the low price of metals Is 13 The system of ot chemical treatment of the smelter gases and subsequent fil filtering fi filtering in a was wa in operation throughout the year and it I accomplished pushed all al that was expected of it it Not only have all al damaging effects of the gases gaes been eliminated but the pro products products ducts duets recovered in the have gene a long way toward defraying the cost of operating the At the concentrator 8 S tables 3 slIm ers and a plant were add added added ed d and the zinc plant previously re referred referred referred to was installed The latter later con contains contains contains 15 16 Huff Hut electrostatic machines The United States Lime company shipped tons of lime rock from the quarry quam at Topliff Utah The de deposit deposit posit Is practically Inexhaustible The extraction of ore at the Mam Mammoth Mammoth Mammoth moth Copper Mining company at Ken Kennet Kennet Kennet net net California amounted to tons The smelter treated tons of ot charge At t the Quartz lull Hill il mine the shaft shaf was as punk Funk feet and crosscutting work will add sufficient started This wil ad to the ore reserve resene to insure a supply of smelting flux fux for years year to come The bu bumon llon treated by the Grasselli Refinery Refiner showed a material Increase as a much compared with wih last year ear and more morE tamed satisfactory results were ob obtained obtained Out at nt Needles The Needles Mining Smelting com corn company company pany is a new acquisition This prop property property erty was wa bought from the Arizona Mexican Mining Smelting company The purchase Included the small smal smelt smeltIng smelting Ing plant at Needles CaU Cl Cal and several small mines near Kingman Kingan Arizona The smal company Is making some plant improvements and expects to begin smelting operations in the near future It is also building adjacent to the smelter I a Oton concentrator The Needles smelter has tributary to it i a large territory in California evada Nevada an am Arizona which promises well wel from the mining point of view Its Is growth hn h In the past been retarded by b a alack alack lack of proper Jast milling miling and smelting facilities which it is the purpose to provide Vt t the Real del Monte and Pachuca mines mmes in Mexico the extraction of ore amounted to tons of milling ore and 1570 tons of shipping ore The small tonnage of shipping ore Is due smal to the marked Improvement in milling which rendered it i advantageous to mill mil certain grades gadEs of ore which formerly were shipped to the smelter The ore reserve of the first of the year was wa maintained at the end of the year Shows Shown Good Earnings The net earnings earin of the United States Smelting Refining Mining company last lat year were compared with wih for 1908 1901 and andi it i closed cosed the year with wih an undistributed med surplus of ot compared with wih the previous year Divi Din Dividends paid during the year yer amounted to The metal production for 1909 compared with the two previous years was wa as a follows 1909 1908 1907 Lead SI oz Gold The percentage of value of each ech met metal metal metal al and average price received In 1909 and 1908 1903 follow 1909 1908 Per cent Per cent Value price rec rec Value price rec rec Copper lb lb Ib Lead 1258 Ib lb 10 Ib lb Silver Siver oz oz ox Gold 1855 oz 21 The tonnage of ot ore produced from Mammoth and the United States mines mine at Bingham a aM ad aMin adin d dIn In Mexico was w tons ton of which the values of the metal contents were In j the proportion of ot 42 per cent cop copper copper copper per 5 per cent lead 35 per cent sliver silver siver siverand and IS 18 per cent gold |