Show current comment on utah s M mines ines and prospects Is there to be a big copper merger this is the question which has been agitating in copper producers of late and the agitation has been somewhat intensified during the past week by a new york dispatch in which it was stated that the ama gamarel ga gai mared of which john D ryan is president had secured a controlling interest in the utah copper company such a consolidation it being affirmed being the first steps in the direction of the merging of all of the great copper interests of the world such or similar rumors have been floating around during the last six months that such a merger has been in contemplation there can be no doubt and it is stated that such a project was on the very eve of con summation some six or eight months ago when the whole enterprise was ditched because of governmental obstacles by some it is claimed that another method has been evolved and that a gigantic merger will yet be accomplished As to the purchase of a control in utah copper by the amalgamated manager D C jackling of the former is quoted as denying the statement most emphatically and the new york authority is discredited in toto much maich interest attaches to the b owing bowing in of the tooele thoele smelter of the international Sm elting refining company an account of which is given elsewhere in these columns this marks a new era in the smelting smelling sm elting industry of the west and gives utah the proud distinction of being the greatest smelting smelling sm elting center west of pittsburg the tooele thoele plant is a mammoth affair and up to date in every respect it will handle the output of the utah consolidated mine at bingham for the transportation of which a new aerial tramway line has recently been installed this tram is now engaged in delivering ore to the huge bins at the smelter site and is in continuous operation it is understood that the tooele thoele smelter wi will 1 l also handle custom ores ores which are gold silver and copper bearing the financing of the ohio copper is a condition which is also the topic of conversation in mining circles with the concentrating cent rating plant still in an unfinished state as faras far as capacity is concerned the company is handicapped as opp operations rations should be conducted upon a large acae in order to prove profitable the company still has its bonds amounting to of and yet it is claimed that the necessary funds are to be supplied through some other channel according to new york advices advises the united copper company of which heinze is president proposes to dispose of a tract of british columbia timber land when it will be in position to loan the ohio copper the money necessary for the completion of its plant this sounds reasonable inasmuch as heinze is one of the leading factors in the ohio copper company it is stated that it is the intent un of the silver king coalition of park city to increase its working force and that a large amount of exploratory work is to be carried on to properly care for this work three additional shift bosses have been added to the force the silver king has over ever leen a proposition pregnant with splendid discoveries new and gigantic ore bodes bod es are continually being found within its environments viron ments the largest and richest of which was disclosed but a few days ago this find it is stated was tm covered mc on the 1300 foot level the ore is a sulphide assaying it is reported 16 per cent copper and ounces in silver to the ton some go d is also present the extent odthe of the deposit has not been determined as yet but the entire workings are in ore work is progressing in a most satisfactory sa isaac manner in the development and operation of tintic gintic mines but little news of a sens sensational atonal fonal character has been received from the camp during the last two weeks with the possible exception of a cross fire of reports and rumors regarding the apex from all accounts there has been too much talking on the tha part of employees of the company on the strength of which apex stock has been active on an advancing market the management however will not talk and the general public will act wisely if it refrains from heavy speculation until an authoritative statement is made and no one knowing the company or the management will doubt the integrity or honesty of either the mines of the district as a general thing are in a prosperous condition the grand central is reported to be looking exceptionably well the sioux also is in fine condition while the mammoth has repaired its shaft and will soon be in its normal producing condition considerable renewal in mining activity is noticeable in the marysvale Marys vale region and it is confidently believed that systematic development will give to that region a score or more of highly productive and paying mines on gold mountain also the outlook is encouraging and it is stated that the sevier miller coalition mines has great y increased the visible supply of pay ore in its mine workings at alta and in the cottonwoods Cotton woods more interest is being taken than has been the case for many years past the columbus consolidated is reported to be tit in a most gratifying cond condition itou while just over the divide near the head of the south fork of big the baby mckee is reported to he be showing up wonderfully well in american fork canyon also conditions are exceeding y favorable conditions are practically unchanged in beaver county the home of the moscow red warrior commonweal h and a score or more of promising producers and promising prospects the recent discovery of a fine body of high grade copper ore in the utah united in beaver lake district has aroused favorable interest in that locality the utah united is no chance discovery but has been in course of development for a number of years success in th this s instance has been well deserved as the management disclosing the tenacity of a bulldog bull bu dog has overcome obstacles disappointments and lukewarm support in a manner most commendable and is most deserving of the final achievement of the ambition of his life at the red warrior in star district cop per bearing ore is being disclosed wih wi h depth experimental tests are being madu made with this ore and if these are successful the company will doubt ess begin the marketing of this character of ore in ophir district the cliff mine is making regular shipments to the salt sall lake smelters shelters sm elters while the lion hill consolidated comes into market at interval s with some first class product 0 |