Show SOUTH UTAH MINES south utah mines Sm iS melters elters resumed operations october 1 this company successor to the newhouse mines smelter company of beaver county utah has outstanding shares par 5 says the boston commercial there are 6 per cent debenture bonds convertible at par interest payable only when earned a very benign form of bond the mine has been opened to a depth of feet by two shafts both connected with a foot haulage tunnel operated by electricity tri city there is a 1000 ton modern mill eight mile water system and a two mile railroad ore averaging 18 per cent was found an on the foot level development and equip equipment luent represent several dollars per share june julie 30 1912 the last statement showed current assets of and liabilities of in 1913 and 1914 the mine was operated at a profit until closed september 1914 the price of the stock has ranged from 6 in 1910 1910 to lo 10 cents in february of this year under now new aneth methods of treating ores prospects of the mine are said to be good the last report issued by south utah covered the twenty two month period from september 1 1910 to june 30 1912 during this time the company milled tons afore of ore and produced pounds bounds of copper ounces of silver and 2450 ounces of gold during the three months ended september 30 1912 the production totaled pounds of copper in tile the latter month a miners strike was called in the district and the mine was closed down until adril 1913 between april 1913 and june julie 1914 when operations were last suspended south utah turned out pounds of copper and operated at a profit |