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Show The . Silver IMg Coalite Mining Company The Silver King Coalition mine, with its record of more than a quarter of a century of successful operation, op-eration, still maintains its prominent position as the leader of all the mines in the Park City district and its production of silver-lead ore has been far in excess of that of any other mine iu the state. The usual amount of development work has heen done during the year and additional A-aluable ore bodies have been opened up, which forecast continued handsome dividends in the future. Probably there has never been a time when there was more ore in sight and means and methods provided for the most economical extraction. There are more than one hundred miles of tunnels tun-nels in the present workings, and of the vast holdings hold-ings of the company only about one-third of the mining min-ing territory has been explored. Connecting up the various channels has resulted in the discovery of new ore bodies and the ventilation of the mine is much improved. The main deposits have been followed for 8000 feet and an average production of 59.26 tons of ore, per running foot, has been shown, with an average value of $38.54 per ton. The company has its own sampler and milling plant. All second-class ore goes through the mill and then goes to the sampler before being shipped to the smelter. The shipping ore also goes through the sampler sam-pler before being sent to the smelter. The mill has a capacity for handling 600 tons per da.y. Every improved method known to modern mining min-ing and handling of ore has been introduced. Electric motors are used for hauling ore and waste and the mine is electrically equipped throughout. The equipment in the Silver Hill shaft, which is 1670 feet from the surface and 8400 feet from the mouth of the Alliance tunnel, consists of compressor, switch board, electrical appliances, hoist, cable and other necessarv apparatus for a three-compartment shaft. One of the new improvements has been the construction con-struction of an underground station in the solid rock. This station, which is one of the largest in the western country, was made necessary in order to provide for hoisting and for compressed air. The station consists of three large rooms. The roof arch of this station is elliptical and all the walls, as well as the roof, are of heavy reinforced concrete. Adjoining the compressor Tn ? feHsr ijfi 1 BOAEDINa HOUSE AT SILV ZT. JEIfcG S1QSIATIQN. P SSVA" &-r? - t.... ,fw . ... ....n.iMMM.Mft1,1, iiKMMMatiiaifc MiAiB,iminlM-ir, b1"J -"1 m ii mmium li iim'i in,., wilM GJiNiiKAXi VliiW Sli,ViJi isaiNl COAL1XJ.UJS IVUWiiNCi CO. room is the engine room, 42 feet long, 35 feet wide arid rising in height from 12 feet at the back toward to-ward the shaft, at which it is 54 feet high. The rooms are finished with smooth white cement plaster and are well lighted by electricity. The remaining chamber is that excavated for the head frame. This is sufficiently large to accommodate the steel frame, 38V-; feet high from the foundation to the center of the sheaves, with a spread of 25 feet from front to back and a width of 28 feet. More than 350 men are employed in the several departments of the mine and wages have been raised in accordance with the advance in the price of metals. When prices were at a standstill after the war broke out in 1!)14 the company continued to carry out its policy of caring for its men and continuing operations. The management strictly adhered to its policy, that has been followed for many years, that all its men should be taken care of in dull times, as well as in good times. During 1915 the company continued developments de-velopments and improvements and drew from its high-grade ore bodies to keep things moving. This development work has been of great benefit during the present year and the property has been running with a full force for practically the entire year. The regular dividend for the year 1916 'of $750,-000 $750,-000 has been paid, bringing the total dividends up to $14,522,385, which is approximately the amount of dividends paid by the Ontario mine, which has held the record of the district for more than forty years. The company owns 2322 acres of ground, with a total length of more than 20,000 feet. Among the mines that have been taken over by this company in reaching its present immense holdings are the Silver King Mining Company, Union Mining Company, Park City Mining Company, Fairview Mining Company, Com-pany, Alliance Mining Company, Woodside Mining Company, Massachusetts Mining Company, Jupiter Mining Company, Kcarns-Keith- Mining Company, Orescent Alining Company, Apex Mining Company, loss Mining Company, Baltimore Mining Company,, Pinyon Canyon Mining Company, Odin Alining Company, Com-pany, Belmont Mining Company. Uintah Treasure ilill Alining Company and a large number of groups of claims. Practically all of the stock of the. company is held iu Utah and the dividends from the mine hare beeu put into home investments, which has helped toward the upbuilding of the stale. The officers of the company are: D;nid Keith, President; Thomas Kearns, Vice President and General Gen-eral Manager: "W. AJont Ferrv, Second Vice President; Presi-dent; "NY. S. AlcCornick. Treasurer; J-'. ,. West cott, Secretary; James Humes, Huperhitendent; Charles P. Brooks, Engineer at Aline. The directors are David Keith, W. S. AlcCornick, Henry Xewell, W. Alont Ferry, Thomas Kearns,. James Ivers, Ezra Thompson, j. Frank Judge and Moj'lan C. Fox. |