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Show I WE PLANT FOB TIE CONTACT 51? Seattle Co m ) any Will lusfall Xciv Process in Co)iier j Camp of Nevada. H F. J. VIXCEXT XOW WATCHIXG FIXK WUKK Believes New Process Will Turn Contact Info Great Copper Producer. I Closely uatcbinir Hie now Kink smelt- I iu plant, at Gariielil. the enterprise that is being financed by Samuel NcvvIioumn is F. X Vincent, oue of I he ouiciuls of i he Contact Power. .Smelting and He-liuinjr He-liuinjr compiiny. and should the now process prove all that its inventor believes be-lieves of it, and all that Mr. Vincent believes, it will not bo many mouth before a 250-ton nmclthiR plant utiliz- j ing this Fink process will be installed in the Contact copper district of Nevada. Ne-vada. It was learned yesterday that Mr. Vincent -was waiehin;; the experimental experi-mental plant at Garfield, and when ,eou bv The Tribune he admitted that this was true, and consented to talk about his company and the Contact I district. .. ... "Contact," said Mr. A incent. ''has a -world of heavy ?iIicionJ copper ores that raDt3 iu value from .1 to S per cent copper, and even lo the red metal in its native, state. As tho world knows, tbo camp has been greatly handicapped bv distance from the railroad tracks, and tho resulting railroad and wagon haul ratest and last, but not tho Joust, by tho charges placed on the ores by tho smelting companies of tho bait Lake valley." , . , "Tho Contact Power. Smelting and Refining compauy is n Seattle organization, organiza-tion, composed of powerful capital, that owns valuable -water rights along the Salmon river at Contact. We arc going to spend $1 ,500,000 or more on the building of daiiys and the installation of power plants to place electric power into tho mines and vicinity of Contact. We also arc going to install a 250-ton Vink smelter and refinery plant for tho purposo of handling custom ores. 'Wo are not in the mining business ourselves, our-selves, and desiro merely to give the mine owners of the camp a square deal. c 'Personally, I Lave no fears relative to the Fink plant. It will be a success, and Mr. Fink, who lias made an examination exam-ination of Contact and experimented .on Contact ores personally gathered, assures as-sures me that he will whip out copper by his process at. a cost of to o cents a pound. Our first efforts will be raerclj a starter, for there is enough copper oro in the Contact country to keep mills and smelters busy for 'centimes. 'cen-times. We have entered tho "camp bent ou business from tho word go.-' I New York and Boston Letters, liinies A. Pollock .t Co.. bankers an' brokers. 6 West Second South. trcct, furnish fur-nish the following, received over their private wire yesterday afternoon: N Walker Letter. New York. The market mar-ket today opened above last night's close and then began to Improve. There was very heavy buying in the entire list and particularly In t ho low-priced specialties. Tho feature of the day was tho big advance ad-vance in B. K. T.. and this was accompanied accom-panied by dividend talk. The close was at'the bePt prices of the day. and wllh very stronp undertone. Wo look- for an active market tomorrow and it looks as If prices would close very strong for the holidays. Hornblower & "Weeks Copper Letter. Boston There, was little or no Hf0 displayed dis-played at the opening of tho P.oston market; mar-ket; very few orders wore In evidence at going prices. Traders were inclined to even up over the holidays, but sold very few stocks. The market continued dull until after the noon hour, when prices were moved up In sympathy -nrlth the advance In 'the .New York list. Ore and Bullion. The ore and bullion report for Wednesday, Wednes-day, given by McCornlelc & Co.. was as follows: Ore received, $:jr.,000: bill' Ion shipped, $70,000. Metal Market. The metal quotations for Wednesday, ponied by McCornlek & Co.. were as follows- Silver. IS!,c, lead. $130, copper. 13 lo-lBe. |