Show nNING AND MELTING Why Two Thirds of Our Ores Are Treated Elsewhere FUEL FLUX AND FREIGHT I Superintendent Iicanss Views On Silver Sil-ver and Wage Reduction Local Stock Quotations History of the J Oldest Beep Creek istrictTbe DO erct IropertJcb Oro and Bullion Shipment 8 Mining News The article in yesterdays HERALD calling attention to the fact that two thirds of the ores mined in this territory are sent to Denver Pueblo Kansas City and Omaha for smelting attracted much comment in mining circles as did the r reference to the necessity for lower rail road rates on ore and bullion to enable the mines to successfully meet the depression de-pression caused by the low price of silver A Hanauer was seen by a HERALD reporter re-porter yesterday afternoon and gave some valuable information as to existing freight I rates The rates from Bingham are 2 per ton 1 to Utah common points and 7 additional to Leadville 750 to Denver and 950 to the Missouri river The rates from Tintic are as follows To Salt Lake 25O and to Leadville 7 additional ad-ditional to Denver and Pueblo 750 and to the Missouri river 950 for not over 50 valuation per ton The Park City rates are 2 to Salt Lake and 7 additional to Denver and 10 to the Missouri river The rates from Frisco to Salt Lake are 5 to Denver 1250 and to the Missouri river 1450 < Mr Hanauer estimates that from 90000 to 103000 tons of ore were smelted in this territory this year Why is it that the home smelters cannot can-not treat all the ore mined in this territory terri-tory For the reason said Mr Hanauer there is so much competition from the outside smelters that we cannot get the ore We are now buying it at a loss What advantage have the Colorado I 1 smelters that they are able to underbid youThe rate on bullion from Colorado to the Missouri river is but 2 while we have to pay 12 4 Are there any other advantages which discriminate against you They pay 8 for fuel while we pay 11 Coal costs them from 175 to 2 per ton while we pay from 3 to 4 Would natural gas help you out on the fuel question r Natural gas could introduced into the roasters and used to a limited extent Then it is a matter of fuel and freight rates that is responsible for twothirds of c Utah ores being sent abroad for smelting smelt-ing I We have to buy a great deal of raw material iron for fluxing Our iron ore costs 4 a ton when laid down here and the same at Leadville does net cost more than 1 per ton Their iron ore carries from two to twelve ounces of silver which they pay for at the rate of 60 cents per ounce leaving the smelter a profit on this product while our iron ore carried no silver |