| OCR Text |
Show I United States Mining and Smelting Company I In 1301 th furnace? of the United States Mining and Smelting company In Salt Lake valley wero drawn upon for approximate'- twelve million pounds of copper bullion. every Ingot of which contained Its unit of gold, its unit of silver. To produce mis enormous volume vol-ume of bullion with a portion of Its buttery of furnaces not quite out of the period of teething when the yesr opened, op-ened, they were required to reduce nn average of 700 tons dally, although the daily capacity of the plant will approximate approx-imate one thousand tons, with this to be Increased In 1908, during which a reverberatory will he Installed, this to huve a cnpacliy of 120 tons. The "copper plant," In contradistinction contradistinc-tion with that which Is now rapidly approaching ap-proaching completion, and which latter l dedicate! -clueively to the lead producers pro-ducers of the West, went Into oomrr.l?-Blon oomrr.l?-Blon on November 1, 1902. since which Mme Its battery, consisting of six blast furnaces, have been fed upon ores from the Certennlal-Eurcka mines at Tln-1 Tln-1 tic and the oorr.ranv B extensive system at Bingham, with small tonnages from custom sources, although with the completion com-pletion of Its lead smeller the management manage-ment Is now an active factor In the open market for every and nil varieties of ore. Including lend, which latter had hwn hitherto rejected. "With enormous ore-bearing channels in each of these pyptcms of b0r.nr7.ns le ylng upon the capacity of the furnaces and ready at all hours to respond with the largest volume of ore of which tlie furnaces : were capable. It was unnecessary for ; the management to appeal to other sources, indeed, iyr would It do so even B1 at this time, perhaps had It not been B' ' that the company proposed to add to its undertakings an equipment that shall enable it to enter into a general fl j smelting business. It is to this end that a decision was reached over a year ago H'i 1 10 add to the present smelter In the val- H,; ley a lead smelter that will be operated Bff j on that ore. The active- construction ;' of this letter plant was begun In April, ;.l 1004. this to be ready to go Into enm- I mission early next month, at which I time It will be prepared with three blast B:' Jurr.oc?" ten roasting furnaces and two reverberatorles, to reduce three hundred M-i ' and fifty tons of this clnss or ore dally, .v this Increasing the capacity of the two I plants to no less than 1350 tons a day. Supply of Lead Ores. 1 J To meet the requirements of the lead '" plant the compnny, through its- purohas- 1 '' li.g rr .r, f i-n I ;. ; r. . ill appcnl to the t ' open market, and that the ne?ds will tj 1 he abundantly supplied the presence of frS new producers of lead ore. the unpre- ' 1 edented volume of ores of rimilar cl3S9 from the older sources, affords ample I'j assurance. With which to supply its requirements, Indeed, the company has H '' already negotiated a number of con- H : tracts with the producers of this State Hi i and those of neighboring ones, the ore H,; bins today containing a large volume H, of material with Which to start while H'ii ihe producers themselves have pledged Hj that there shall be no lack of ores of this class in future. The new lead H' smelter with which the United State3 H 1 Smelting company has Increased Its equipment has. been constructed along H q the most modem lines. Is provided w ith every method and every device for the efficient and economic reduction of ores and, with its furnaces In operation active ac-tive competition makes its appearance j Within this valley, lis ri.il in the Held I of lead smelting none other than the American Bmeltlng nnd Refining com- pany. With this plant In commission j the founders of the, T'rited States Smelt- I Ing company will have achieved another of the objects for which It was designed and becomes a figure as prominent in I the realm of smelting as any by which !' It has been preceded. At this plant re- ! ductlon will be confined to the smelting I of lead ores, a.nd In the absence of thin I metal, except at intervals. In Its own I ' stem of properties. It will be required 1 to rely largely upon a supply from iii roes without f rourse, upon the eagerness with which the lead ores aro sought by the competing companies will depend largely the benefits that are to ar rue to the producer. That this competition com-petition will be acute there Is no reason to believe other, although the output of lead ores has shown a marked Increase during recent years That, competition Is here however, is one of the most refreshing re-freshing assurances of the hour. The new compan has entered the field with determination to engage in this business, however, as has It In others, and whatever shall be consistent consist-ent win be done to control 'he product. Away Chit West. In addition to this smelter the United States Mining company Is now erecting a plant for the reduction Of I's copper-bearing copper-bearing ores In the Mammoth group of mines, Shasta county, California, that was acquired by the company last year, With which to supply the neds of this plant the company has blocked out large volumes of ore In Ita far Weal system of mines, the Mammoth smelter to have a capat Ity of 7S0 ton dally and 'to be made to reduce, in addlton to the sulphides of the Mammoth group, the BllicIoilS ores of Nevada and California The resources open to It In that region compare favorably, Indeed, with those of :iny corresponding empire In which the smelting Industry has been Installed, and that Its earnings will bo made to add very materially 10 those of the smelting company is now positively assured. as-sured. Having engaged In the business heavy percentage of iron contained In the. ores it has been made possible to revolutionise the system of smelting In j Salt L'ike valley, and with them, as a. flux, the reduction of a class of slliciOUS j ore that In previous year i.if limed I from the market, made not only powl-I powl-I ble of reduction, but quite profitable Biggest of the Kind. Of the mines of the Centennlal-Eure-ka Mining company at Tlntie. It Is al' by all who aro capable of Intelligently making a contrast, that they are, Of their kind, ' the greatest, perhaps, on earth. From the grns ro u they have been very productive, and "ince the first pick wan burled In the discovery channel they have been coming to market mar-ket with a measure f wealth surpassing surpass-ing perhars that of miy of the neighboring neigh-boring bonanzas. They have been productive pro-ductive of dividends amounting to over three millions of dollars, while underground under-ground and ready for reduction and for subsequent distribution, is a volume of wealth many, many times this amount Since the acquisition of this system 1 properties at Tintlc by the United States Mining company developments have been prosecuted upon the most energetic scale under the Immediate direction di-rection of CIS rr nee K. Allen, the company's com-pany's general superintendent, and his assistant, Robert Brown. When the properties were purchased their re-spurces re-spurces were confined apparently to a single channel. Since that period at least half a dozen others have hecn add? cd, each of them disclosing an artery of wealth a lais us the original, some i 7 ------ - - of general smelting It la understood, 'hat the United States Smelting companv has under consideration tlio erection of Similar plants In other arenas, While that it will ultimately provide Itself with a, refiner Is generally believed. With BUt h an acquisition Its equipment will be complete, the output of its furnaces fur-naces ready to go at once Into the channels chan-nels of commerce, into the storerooms of the consumer. Its Eig Possessions, The assets of the United Stud s Mining Mi-ning company, for the reduction of the ores of which this system of smelters smelt-ers was created, are among the most I stupendous, among the most resource-ful resource-ful in the Western country. At Blng-. Blng-. ham, upon the resource: of which camp It was originally founded, the company is the pofineysor of a domain that comprehends com-prehends no less than eleven hundred acres of mineral-bearing territory Within this Is Included the properties of the old Jordan and Galena Mining company. thoie of the old Telegraph Mining company, and over 80 per at of the territory embraced within the holdings of the Niagara Mining and Smelting company This luster of mines, although In pioneer das and for many enrs. was productive of ore3 con taining extraordinary percentages in lead, with much silver and not a little gold, has, under the ch.ange whloh has been wrought In that ca.mp, attained a DOS Itlon among thi mi?t productive and most enduring of Its big copper mines Coming from them at this time to the furnaces of the United States Smelting Smelt-ing company In the valley Is an average of about 4"0 tons of ore dally these ores blended with th copper, gold and silver-bearing rlllcates that prevail In the 1 'entennlal-Eureka system of ledges at Tlntie. all of which latter Is now practically owned by the United States Mining company Oront Volume of Ore. To compute the volume of ore v hlh hns been opened up since th( acquisition acquisi-tion of the Bingham mines w.i?i first achieved by the company is a task not easily executed To measure them In if res. perharv. would be with conclusions conclu-sions more Intelligent than to appro xi- mate them In tons. For thousands 'f feet this tremendous zone has been opened up along the strike, and at few points have ores containing copper and gold, with sliver and Iron, failed to respond, re-spond, although the company has unexplored unex-plored areas extensive enough to afford the foundation for a half do.' n organisations organ-isations as formidable a the average in j any country. The ores produced at this system of mines are identical in their COmpSsition with the ores produced pro-duced at the neighboring bonanzas, and while they are generally characterised as "low-grade," they are today the source of an enormous volume of wealth, of tremendous dividends. "With the United States Smeltor, of them Infinitely bigger The early history his-tory of the original channel Is not without with-out interest. Some Very Rich Rock. Reference to its log discloses that a single carload of ore taken from the upper levels was sold upon the local market for over $23,000. The ores In the upper levels were, perhaps, " the most Bensatlonal ever mined In that portion of Tintlc. the metallic contents consisting consist-ing of gold and silver, with some copper. cop-per. The auriferous contents of the ore. Indeed, ran to '-nsatlonal heights, as did those In silver, and while thi se have been reduced as dpin h.is been ' obtained upon the channels the copper values have steadily Increased To meayurv up. with anything approaching ro uracy, the tonnages contained In this extraordinary system of channels would require the work of a troop of engineers) engi-neers) P' rhaps for a month or n ore, and yet the real extent of them Is to be determined. They have been opened Up to a depth of sixteen hundred feet, on which horizon there are evidences of strength as great as along those above. During the year they supplied the company's furnaces with approximately approxi-mately ninety thousand tons of ore. nor was the management required to exert ex-ert itself. By some it Is claimed that the values contained In this volume of ore exceeded $2..VH),000, but this Is of that class of Information that Is scrupulously scru-pulously reserved for the shareholders, and which will r.ot be released until the annual reports are fubinltted. The Mammoth Purchase. In addition to therv? properties the ' United Slates Mining company. In V."M, extended its reach into California, vherc it acquired the Mammoth group of mines, over Which there hnrl been the keenest rivalry between investors and bonanza chasers, Thes properties are productive Of a copper sulphide not unlike that produced at the company's Bingham mines and In addition to the red metal, affords small values in gold, and some ounces In rllver. The ledge In which these ores occur Is among the series of very large ones In Shasta county California, and at thin time Hives every evidence of becoming one of the most productive of the company's resources. By some of those who conducted con-ducted the examination while negotiations negotia-tions between the prest-nt owner and the former ones were being prosecuted, It Is said that the Mammoth group will be made to add from 5500.000 to $1,000,000 annually to the earnings of the company. com-pany. Operations here have been for some time under the supervision of Frederick Lybn, a former chief engineer engi-neer of the United States Mining company com-pany in this field, and now serving it as superintendent of the Mammoth system- On the smelter with which this group Is being equipped, construction Is now being dispatched with assurances that if shall be completed and ready for the active reduction of ores October next. Some Other Assets. In addition to the assets already enu-msrated, enu-msrated, the United Slates Mining company Is operating the quarries of tlie United States Llm company overling over-ling Rush valley, and to which the r II a .- y has extended a branch line. This deposit of limestone, so essential to the economic operation of the furnaces. fur-naces. Is cne of the largest that has been opened up In the West. Tin; operation op-eration of the quart!:--' affords employment employ-ment for a large number of persons and about them In quite a settlement. The United stati Smelting) company Is of course, another tremendous unit In the United States Miring company's estate, and win undoubtedly become one of the most productive. Conducting a smelter business along the general lines purpued In that industry there is no I doubt of Iti future earning capacity, nor Is there any QOUDl of Its ultimate prominence prom-inence In the smelting world. In addition addi-tion to these holdings, the Unltc-d States Mining company Is the porrr'sror of one hundred and fifty-two a' res of ground In Salt Unke valley, which alfO constitutes consti-tutes S valuable asset, and which will b mnde to provide sp;ee for future enlargements at the smelters. System of Tramways. Tn the transportation of Its output I from lis various mines to the loading station upon the railway the company I has provided Itself with a most inex- pensive means. At Bingham the heavy tonnages of ore are passed over a tramway tram-way over eighteen thousand feet in length and delivered at the terminus of the Denver & Rio Grande railway, over which they are passed to the smelter In the valley. Similar equipment has been provided at the Centennlal-Eureka mines In Tlntie, although the system at that point spans a distance of but 1200 feet. At each of the properties great plants of machinery have been Installed, In-stalled, huge air compressors are supplying sup-plying the power for multifarious drills, with other equipment necessary for economic mining During the past year a branch line of tramway was extended from the headlmuse' 0f group of mines m the Gu M Jr4j campaign of development ' h rated several month .'n view the opening up 1 lead ore along a horizon boSBSl they ocCurred n the earlier l'Pf'n the main system. WorklnW( Developing Lend Ores, Into this group of n.in. tank : to Sreaterl. .,',,an.f f ron Jm r closed and in fvo iL h of vhMl i : hitherto unkr808'! -hvemad, their TppeJ these ores have not yet great .Sundance th nvinooccurrB driving along the fissure to thTt"' 1 Ingn with the bedded veins w w! exp ten that at I ,,st a ";". "rf 1 til, ory of ,,: - ,. J 7 In t days of that cam,. v,i; ll' " is at the l,,r,,,Kn, of theeta plane vlth the flsmires that roverj of the stupendous bodL , 3 hat tho Will r,-r ., theeroSSJ :ana me r,s they , m "N HO doubt There Is rr:,on t"' found In the other portions of X 9 " ' -'Chain territory and shall be made eo.m I- t n'Ji .0 similar die . I 'V1 1 .'-..' .ron-. theoJ will of course find ita way ,0 thVl In of which ne-xt twr'h Mil rnr.JIi 1 n si Important eventrfl sent ; 01 ' Tremendous P.Coources. With the-,- ,,nte,l re?oUrrt,a 1 which to draw the rnl ted SUtel 1 : "i -'li.t. ,:-. ;., of the most powerful In the Vnrt ' 1 Its dividend shall ultimately be m,.de to coal with that attained by the crat'S 1 he 1 (imp inlf.s that havi risen rrofl diggings, there Is no .ht v.havl the minds of tho fan illnr wltfl sinews Inde d, the company . tJ erty al a nj 1 ... m ni li chall detfl ln rea-se Its present earnings ninral i . 1 hut Incut rrlng no greater I than the extraction of larger rAm e"';,r.-, rer.i . : ' pl.mts 1 which to reduce it At neltherH properties Is the anagernenl r3 nn effort to test its capacity andj ' ' of tl"- . pany o M the output of ,, ,.-rr c, 1 time might be more than dcubledl this will ultlmr.! 1 y i... , 1 J well assmrcd. although it ' u at the sacrlfii e . 1 ln -r-: a.-- !: ' ! ' 1 --t i n, , j occur In the future . n a Ions llj as lntelllg' nt as H tht havl bi Ob! i 1 ii. i:.- alt :!:.. .ert f j rei earnings. ' 1 e ,,i a; i . 1 if... ,.' -be ffrr.pan It is now constituted Includes Robfl Evans a Ita president, with Albefl Holder. Its m:itiaglng director, Walter Fitch Is serving It c?n tger Clarence E Allen its sjH tendenj of mines. M: i,.,;-;. , : w l:h the propn: .... 1, liirci lor fiimi the ini -ptlon of thefl pany. and who operated the old Joni and Galena system .f n li - Blj ham for in 1 -. 1 - , el rysta lllza lior. ,( thesj pany's undertaki: gs -s tier w9 Igll !l- tn. I effl added not a lil tie nioi Mr, litem new 1: .. i.ad, xi rlence of many years In theS of th I.aki- Suf.'-rinr region, anfl splendid id on! ;nhi. . ci hy hlta jj 111 ,n doijlpf In- 1 1 ,,!ed hrT 1 under the superlntendency of Mr.l ' ' ' : , ' niest portant conquests hav e been mde In which work he has been abn .1 !.V I C. i.'.-l t Hi...-, il of th? C tennlal-Eureka, and Andrew MayM of the Islngham sy.tem The itjt tnent of the property has been un the dire, tlon of Mr George K. Fill the eminent mechanical -nftl whose skill Is revealed In at leasflj of the J.,ii"lti rs now operating aH cessfully in Salt Lake valley, wlthi n fei ce to others tlvit are dls ribtti throug ri... v. . v. ;th this faff 1 work of the new year Is InauglH and that even greater results ftiH achieved there Is no doubt. We |
