Show M MINING I NI N G THE TE QUOTATIONS NEW CAMPS CS FROM AD AND ALL ON S STOCKS T Q C KS WITH WIT FROM PRICES THE TE FLASHED LEDING LEADING LATEST MA MARKETS M A R K E Ti UNITED STATES SITES CO S I IN LAST EAST TWO MONTS United Stat States Smelting Refining and Mining company compau increased It Its Is profits durIng during during dur dur- ing the thc p past t two months The average Derge profits havo been ben at the te rate rte of a. a ii Ji month nth mh or Ol for tor a IL period of ot sixty da to days This Is due In a measure cue higher prices s for lor silver as well wel as a to for has topper opPer mota metal Tho TIo company It Jt a I rule to make hel heavy depreciation charge and for or th tho year ending December Decem- Decem b ber r r 31 1911 ne net nef proms profits w were vere re In In excess of oC similar profits for or 1910 Primarily th the Improvement in earing earnings earning o of this company compan Js is duo duoS to enlargement 01 ol milling capacity at tho Mexico milling plants pant serving sen-Ing the Rio Del Monte and Pachuca servIng mines During 1910 uno tho dally daily of these plants was i tons while during 1911 91 the tile capacity was brought up tip to from 1000 to 1200 tons dally daily daly This Increased treatment com com- with wit higher metal prices e. e materially assisted tho Income account Incidentally Incidental Incidental- ly Iy It Is Interesting Interesting- to note that silver y production represents over o er 41 4 per cent cent of at the value of at the company's compans mineral pro pro- ducton In 1910 tho company's production production pro pro- amounted to La L 65 ounces I sliver 1 Vf r. r The Mammoth copper plant in lu California is operating three furnaces and the monthly out output ut is 15 running f from om pounds tp lo pounds monthly month at t a cost of oC less than 8 S Scents cents a a pound The Boston News Nes Bureau says rays that the United Unie States Smelting Refining and Mining company directors have determined determined deter deter- mined greatly to broaden the field feld of ot the company's compans operations b by going into the theoal coal oal business bUlnes This Is not because of or any any di dissatisfaction with the prospects prospects' for the lines of ot business in which the Jnes company campan Is already engaged but because favorable has presented a a opportunity presente Itself for or the profitable investment of new capital in opening up big soft Mft coal de deposit do do- posit n tn Utah To this end the te United States Statts Smelting company has acquired a R controlling in interest interest In in- terest ferest in the Castle Cate Yale Valley and Black BlackHawk BlackHawk BlackHawk Hawk coal mines of Utah which are contiguous contiguous contiguous con con- properties located about abut miles mies southeast of ot Salt Sal Lake City and which have hav a seam feam of coal varying from tram sixteen sixteen sixteen six six- I teen to twenty four feet reet In thickness At the present time these properties are served b by a a. with the Denver Denver Den Den- ver Rio Ro Grande railroad but It i Is pro- pro in the expansion of ot the company's operations to build an mile eighty eighty mie extension extension ex ex- tension to lo Spanish Fork where connection tion ton will wJ be mado with wih tho the Salt Lake Lae Laer r route L The Caste Castle Valley Valey and Black Back Hawk mines are arc ac already opened up to the point of turning out tons of o coal an an an- nual T I he experience which tho the In Interests interests In in- with the United States Stales Smelting company have hae already had In Inthe Inthe the thc West Vest Virginia coal cont Ibid field where they have havo developed in hi the Island Creek Coal company compan a hl highly hl successful soft tt co producer has directly prepared them for forthe forthe the tho opening up o of these Immense Utah deposits deposits The company's en engineers ha e Vl been all al over the recently purchased ed coal lands and report a a tonnage equal to between between be be- tween and tons Several millions milons are fre involved in the purchase of these Utah coal lands land and the United States Smelting company will wi short shortly aran arrange G the necessary financing Pr President Sharp o of the smelting company company com corn pany leaves for tor the west at the end of this week to complete certain transactions lions needed to put these coal properties in shape to be taken over and opened ment meat up along alons broad broa lines Jnes o of f general generl develop develop- |