OCR Text |
Show UTAH'S COPPER INTERESTS. Directors of tho Big" Company Coming From Colorado. In tho meeting next week of tho Utah Copper company's directors, tho liveliest Interest Is manifested at camp as woll as In town, for tho result of their deliberations delibera-tions cannot but materially affect tho future ot that company's undertakings. It Is expected that at tho session the board will authorlzo tho management to proceed nt onco with tho creation of another an-other unit as large as that with which its copper, . gold and silver-bearing ores at Bingham aro now being reduced and through tho crushers of which as much as 20,000 tons monthly Is now passing, whllo there aro other matters of equal Importanco to rccelvo their attention. It has now been conclusively demonstrated by Goneral Manager Jackllng and his staff that the porphyries embraced within with-in tho company's domain are capable of even more than waa relied on at tho In-, ceptlon of tho stupendous project, ana whllo the company Is at present netting ovor $1000 a day, to rcallzo on Its resources and to mako tho record for which naturo ha3 so lavishly provided It, tho facilities for reducing tho ores must bo Immeasurably Immeas-urably Increased. It has been said that the directors will, at the approaching meeting, decide to utlllzo tho slto near tho lake, which wae acquired somo tlmo ago, but this Is not likely to occur until that at Bingham has been exhausted. To partlclpato In tho meeting thero will arrive ar-rive from Colorado on Monday next Charles M. MacNcIll, president of tho company. Spencer Penrose, its treasurer, and R. A. F. Penrose, tho eminent on. glnoor nnd metallurgist, who was present pres-ent at tho founding of tho company, which Is now so prominent a unit In tho v,orld of copper mining. |