| Show UNITED STATES MINING CO The nature of the BIngham ores and the conditions under which thoy have to be worked render necessary the consolidation con-solidation of small mines and the investment in-vestment of vast sums of money for their successful operation United we stand divided we fall Is a lesson dearly dear-ly I bought of experience In the Bingham camp and the United States Mining company is the outcome of the irresistible irresist-ible force of circumstances It now possesses pos-sesses an area of 1100 acres of choice mining claims In Bingham Included In which are a number of old mines among them being some of the first producers of the camp such as the Telegraph and Old Jordan and an Interest In the Niagara Niag-ara mines To this group the company recently added the rich Centennial Eureka Eu-reka mine In Tintic and now figures as one of the greatest producers of copper in the State The difficulties that faced the individual individ-ual mines represented in this consolidation consolida-tion were almost Insuperable l and could only be overcome by combination backed by plenty of capital The abundant copper cop-per ores were refractory and of too low grade to stand a long haul They also required special treatment and the smelter charges were too great to be borne The only thing possible to insure in-sure success was to consolidate and build a smelter on the ground specially adapted for the treatment of the class of ore produced A F Holden now managing director whose father once owned the Old Telegraph Tele-graph mine was the prime mover in the organization of the present company He knew the ground thoroughly and realized the difficulties of the situation whose solution ho has so successfully accomplished The combination of the various Bingham ores with those from the great Tintic mine formed a blend which solved the smelter problem and will pay generous dhldends on the great outlay in the immediate future It is but little more than a year since the smelter was blown In Four furnaces fur-naces are at present In use and about EOO tqns of ore Is treated dally two thirds of which is the product of Bingham Bing-ham mines The monthly product of copper has averaged threequarters of a million pounds during the year netting the company over a million dollars during dur-ing that time The directors have been In no hurry to declare dividends but have expended the earnings In improvomenta and expansions ex-pansions which have greatly increased I the capacity of the mine and plant and will result In the payment of dividends before long which could never have been earned by a pennywise and pound foolish policy Clarence E Allen general superintendent superin-tendent reports that the BIngham mines contains over twenty mines of underground workings and that there is sufilcient ore in Bight to run the smelter for five or six years without doing another an-other foot bf exploration work The ores are chiefly sulphides and are handled hand-led at the mouth of the mine by means or an aerial tramway three miles long connecting it with the railway station A rich vein has recently been struck In the Old Telegraph mine which promIses prom-ises to develop into a bonanza that will cut no email figure in the makeup of the dividend sheet when that interesting document Is compiled in the course of a few months |
