OCR Text |
Show MINING AND SMELTING PROGRESS. The Tribune has glvon the result of tho conference between the lead producers pro-ducers and tho smelting interests, in llxlng tho baBls on whloh settlements for lead will bo made. The agreement by which 58.60 per hundred was fixed as tho basis, was about to expire by timo limitation; the conferonco renewed it, and left the timo open, so that whenever when-ever an evident injustice is being dono to either Bide, it can bo corrected. ThiB was undoubtedly the best thing to do; It puts the mattor' on tho true business basis, and though tho producer may feel that ho ought to have had somewhat moro, ho 1b not precluded from again presenting his case whenever when-ever It Js seen to have gained in strength. At the some timo that this question wa6 settled for the timo, two Items of much importance came to the front, once more demonstrating the superlorl-' ty of this valley as a smelting" point, and this superiority is fast making it ono of tho greatest smelting centers in the world. The American Smelting Company already al-ready has Immense plants here, and will put in a copper smelter that will be the costliest and most capacious of all in Its system of plants. The certainty cer-tainty of its construction is so croat that the local management is taking contracts for delivery of copper ores, and the contract for the output of Mr. Newhouse's Cactus group has been signed. - The United States Mining Company's Immense plant Is also to be materially added to by the construction of three lead furnaces, with room for six in the plans. These contracts arc now being let, and when the furnaces are ready they will be a much-needed relief In handling the ores of tho company. All these measures and expansions are compelled by the Increasing output of Utah's mines, and they speak volumes vol-umes for their productive capacity and the permanence of their ore bodies. Not only do the old mines hold out wonderfully, wonder-fully, but there Is constantly added new producers, which will worthily bear aloft the banner of this State's unrivaled unri-valed ore producers, that continually renew themselves and are continually reinforced. |