Show ALL A EYES YS TURN TO NEWHOUSE AND INk fiNK SMELTING PROCESS Every ery minin mining man in the tho country countr is watching tho the shaping of plans for or permanent per pen manent operations at tho Fink Pink smelting plant at t Garfield Garfeld What bat do you YOI hear bean about this plant is time the tle question put put l hy 13 3 mining minin men to one another Those ThoM who come into town for a few fp days days' sta stay from somo some of tho the i isolated minin mining camps want to know knew what the latest information is if r regarding this process which is il to cheapen the cost coet of All All metals metal commercializing precious Al w wo we need to he be making makin regular shipments shipments ship ship- ments i is is one of these c smelters is the tho way wn these old prospectors put it This ThiA unusual int interest rest is not confined to Utah alone Mining men had heard henre of time the Napoleon on of mining mining before the Fink smelter mc r was heard hafi of They know that he is the man mn who has hu paid tho the pro prospector every cent hi his prop property was wn worth then gone into hi his bis pockets for largo large o sums to brn bring these properties to the thc producing in stage on a large scale l That h he lie has lias brought ht some of ot tin tin- til greatest wealth to this state started the HIP awakening of interest in in Bin Bingham rind Braver Beaver county and that tbt ho be is is nowen now en engaged in building a new business and rC resident section to Zion So runny many interesting things have hwe been written regarding the tho Fink smelter smelter ter and Samuel Newhouse of late but hut butone butone one of the best beat is the article by In Frank Frnk Hall of or Denver the veteran mining man which is iM IB as follows Finances Are Arranged Samuel Newhouse is back in Salt T Lake kr Durin During his Ius recent I lightning change o to New York with ih 1 patents and an r records of the the Fink smelting process in his hb pocket t ho he a accomplished qui quickly kl what he ca calls a splendid financial coup embracing the erection of works work in Salt SnIt Lake to manufacture the unproved improved im un- un proved pro furnaces e and n other apparatus financial interests as Ho Ito reports that 31 strong tron a as any in tho the world have joined him in th the plans pans to bu build and introduce e Fink process smelters and ant that it w will not be bc long bug on till ti it will wi be possible for pry mine min operator with oro enough to supply works having in hn a capacity rapacity of fifty tons a day to have havo their requirements met Furthermore 13 the tho initial plant at t Gar Garfield will wi shortly shorty begin making runs runsor on or 01 silver lead ore It will ill be he interesting to know as L we WP nI shall wi by hy and by bJ with wih whom the deal deala was a made Three stories are current one ono to tn the effect that Mr Newhouse gets get his backing hacking from the Guggenheims the f second coni that havin having quarreled wih with the G Guggenheims ho has tied up with the International and tho third that he be has a company independent of both and andis andi i is going oin in to make a pile pie of or money What Newhouse Says Let 1 us see fco what Samuel says s about it i. i He lie states that he has hashi hi been 1 assured of all nl kinds of money mony by bythe bythe the most powerful capitalists in in tho in-tho the tho world that ho he has beers been literally overwhelmed overwhelmed over over- whelmed with offers from capital that thit would like to control tho process s and 1 that he ht has turned tuned them down He wants to benefit the miners miner and the manufacturers of minin mining and smelting ma machinery If I said he be to Salt Lakers Laker we wo can n make copper for less les monc money than it i is being made today we wo can M sell it cheaper and thus thins extend tho the field feld of i its us usefulness f moro more mines can be opened and operated at a profit and thousands more moro men man me can find steady and ana remunerative remune employment the railroads can electrify their systems for less mOM money etc tc It Jt will wi mean to the minin mining industry industry indus indus- try Iry that 1000 mines min nunes can can be operating opra tin a a Fink furnace of tons tong daily daiY capacity which w would mean menn tho the reduction of f tons of oro ore a day more thau than nn any today melting works in I tho the world is is treating On Guggenheim Claims Clais Referring to the tho statement said to toI have been made by the GU Guggenheims I that thore there is sit nothing new in tho the Fink smelter that no patent should havo have I been heen i issued that they had work worked d out outa a similar process at Baltimore and Omaha Mr Ir said in effect t Oh Ho Ire was aR not bothering about what tho the GU Guggenheims were ere doing do in lug ing hut but if they undertook undertook to infringe on the patents covering the Fink process pro pro- coos cess 5 there thero would 1 be something doing It I i is quite Quie evident from these remarks remarks re reo re- re marks that Mr Newhouse has not taken ta ken the GI into partnership and has no intention of doin doing so Certain thin tain other things thins indicate that the International International In In- Smelting and nd Refining compan com corn pan pany is not in an the tho deal deal It I would seem there therefore orl that e and his bis crowd of the tho greatest capitalists in in the worm would go o it alone alon on the merits merit of tho the machine and what it can doUp doUp doUp do Up to the te A. A S. S and RUp RUp RUp R. R Up to this thie time the Pink Fink smelter has been running on copper ores and concentrates turning out both blister copper opper and hi high h grade crade matte matto mato It I is now to undertake the tho handling of silver lead ores nS The results will wi ho bo watched with interest particularly by br Colorado mi ners If I it works nfl all right along this thin line ln it will wl find an nn t earnest rnest welcome 1 here horE If I not our people wont won't care much about it until tour our copper mines minee of or which wo we have hae quite a number cometo como come comoto to h be lie op opened nd Now if i the GU have ha worked corked out a similar process that will ill treat both classes of ore with ith equal facility it is reasonable to assume that the they the will i tear car out their present precept nearly obsolete furnaces and substitute the new and md presumably cheaper method Then comes romes the question que fon whether the they will wi hold hol the tha producers to present schedules sched nIce ules or come down to a reasonable basis basi corresponding to reduced cots costs of operation Smelters Seler Galore Newhouse e proposes to build buic one or more plants in any mining camp amp that can enD produce ores enough to keep them supplied Will i the follow suit or follow fonow the present scheme of ot centralizing their business at two or three points Mints In the one case while I Ithe the railroads would lose a 3 great crat deal of lurra lucrative tr traffic me t the hA producers would be gainers to that extent in in the cutin cutting ofT off of freight cb charges r e in in tho the other it would of bo be theirs to bear bu n f at nt present No Xo or oracle lp i is needed to tell tel whore where tho the ores oro would goIn goIn go o. o In the meantime while and the smelter trust are ant discussing the tho merits of their ther respective dis discoveries we violate no confidence in saying aYI that thata n a process s superior to both w will wil ll bo be introduced intro Intra du et hero here within the tho next six months ST. ST LOUIS LOUS WOOL WOOL F Wool unchanged d ST. ST LOUIS Feb b. b 13 territory and And andI western mediums tine fine medium 1 flat l 12 Ue |