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Show NEW PROPERTIES ARE IN fINE SHAPE; CACTUS AND THE BOSTON CON; - ' . 'J I link over 600 feet with several thousand feet of drifting; and development extending extend-ing from it. In thin work the moat astounding as-tounding results have been achieved, the ores extending from the roots of grass a bore to the greatest depth attained. On the old tunnel level, the copper, gold and silver-bearing has been opened .oa its strike for a distance of 3X) feet, a crosscut cross-cut revealing a width cf sixty feet between be-tween walls. More bewildering, however, how-ever, were the disclosures on the 110-foot 110-foot level, which was advanced along the strike of the tremendous channel for a distance of 350 feet, a cross-cut at one point ' establishing a width of 1(8 feet while at another It had widened to 1S5 feet. Into the. same channel, at the depth of 100 feet, where the next level was established, the drift was extended to 350 feet as was it at a depth of 300. In the face of each of these levels, ore waa exposed with nothing to indicate at what meridian the wealth of ore shall cease when the work upon them was suspended. sus-pended. From the 400-foot level the drift has advanced loo feet in ore of the same quality while on the 5no the channel has been opened on Its strike for 110 feet, the same characteristics and the same quality of ore prevailing. While this tnormous volume of ore has been responding re-sponding to developments in the pioneer fissure on the west of the main shaft, the management has been feeling of another fissure which presents -as many possibilities on the east and which, as one entirety Independent of the other, puts the company in possession of another mine. It was after shooting through 170 feet of intercurring granite that the new fissure on the west was tapped, the new one showing all the strength of the original, the metallic contents con-tents of its ores about the same. Nor do these two channels constitute the system, in the CactVs group of mines. On the contrary a third has been encountered. en-countered. Its Independence of the others being thoroughly establtehe '. It was vhlle driving from the bottom of the shaft to meet the main tunnel approaching approach-ing from wlthouf that the latter was discovered dis-covered and that It will ri?e to the grass roots, there Is no doubt whatever in the minds of the management. The mill at which the second class ores are concentrated was designed by A. J. Bettles and was constructed bv him un-1t un-1t the direction of Joseoh Dederichs. one of the State's most eminent builders. This new mill began its work last soring. The organization of the Newhouse Mines end Smelters consists of Samuel New-house, New-house, president and general manager; Louis X. Kramer. Xw York, vice-presi-dtnt; John Josten. New York, secretary and treasurer; Morris M. Johnson, director di-rector and manager of the mines: Henry L. Irwin, director; A. J. Bettles. mill manager and metallurgist: Ijifnvette Hanchett, business manager and W. C. Thomas, field superintendent; Joseph Dederichs. constructing engineer. . . . . , ... 'When Samuel Newhouse set foot on I tah soil his attention waa first directed to the mineral belt of the Bingham district dis-trict and his long experience ss a successful success-ful mining man served him well in hand In some stupendous- undertakings that he rounded out In a short time after he had conducted researches, sufficient to satisfy him of the existence of large ore bodies that could be mined at a handsome profit. The Boston Consolidated. Is one of the largest properties that he incorporated, and though he parted with some of. his other holdings at a big figure, he has refrained from accepting many tempting offers for his large holdings In this property, prop-erty, which has demonstrated during Uie past year its right to be classed among the big copper properties of the world. The group r comprises about 8(0 acres in the heart of the great ore sone. sod the property has been opened up on an extensive ex-tensive scale by means of long tunnels, which cut the underlying ledges at great depths. During the year under the direction direc-tion of the efficient staff that Mr. New-house New-house hasj in his service there has been an Immense . tonnage of milling ores blocked out In the property, besides large bodies of the highest grade copper ores that have been, uncovered in any of the mines of thit section. The most Important event in-t!w affairs af-fairs of the Boston Consolidated during the past year was the decision of the directors di-rectors to vote bonds for the erection of a mammoth reduction plant on the shores of the Great Salt lake, the plant to have a capeclty of not less than 6ou0 tons of mineral bearing rock every twenty-tour hours, and the cost of the mill will mean the expending of at least a million and a quarter of dollars. To facilitate this improvement im-provement a test plant has been placed at the mouth of one of these tunncl3 frrm which the ores are being drawn from the mine, and as the larger plant is In the course of erection, the best methods meth-ods that can be employed to make the greatest possible savings in the valued, will be thoroughly divulged as a result of the eicr!ments that will be trade In this test plant, and' the benefits derived ft'. m the experiement will be appii-?d in the construction of the new mill which Is to bi one of the greatest in the Western country. Arrangements for trann;or'a-tion trann;or'a-tion of the ores from the mine to fie mill have been completed with the Rio Grande Western railroad, and the spur from the mine to the mill will be completed wlt un a few weeks time. Orders for material Including some of the maohiniTv have been placed, and by .the time the new copper smelter is placea In commission to handle the concentrates .rona the Boston Bos-ton Consolidated, the reduction plant will be handling its full capacity of second-class second-class ores, In the mean time the nine ha been placed In readiness tor the production pro-duction of not less than 750 tons of ftipt-class ftipt-class stuff and has entered into a contract con-tract with the local smelters to furnish not less than this amount for an in'Jtrt-nlte in'Jtrt-nlte period. With the assurance of these improvements, the management of this property will push the development of the "ground from every avenue, and tw sides the many miles of .underground workings that will be added to this stretch of country coun-try that has been opened up there ure positive assurances that there wil. be an immense tonnage added to the 'Massive mountain of rock that Is now in sight. So rapid has been the development cf the property during the past season that no better idea can be gleaned of the most encouraging conditions at the mtns than to quote from a recent letter from Mr. Xewhouse to the shareholders after he had visited the mine, and In . winch he said: "The rapid increase In the market price ' of the shares of the Boston Consolidated Mining company within the past few weeks may impel some of our shareholders sharehold-ers to part with their holdings. I feel it my duty as president and general manager man-ager of the company to urge shareholders to retain their shares even though the temptation to sell at a profit Is strong. "As soon as our rapidly maturing plans for the erection of mills and the shipment of ores to the smelter, .now in course of erection by the American Smelting and Refining company, are perfected, I am confident that our company can earn an . S ppr cf-nt dividend on the shares at $100. "With the great extent of our copper-bearing copper-bearing porphyry deposits these dividends should, and I believe will, be paid for an indefinite period. Besides this great body of copper In the porphyry we have opened up ready for extraction a body of sulphide sul-phide copper ore from which we are now 1 shipping 250 tons per day and which will be Increased to ToO tons when the new smelter Is ready to receive it. The suliihlde ore alone will vleld a profit of 1150.000 per month when the new smelter is ready for operation May 1. I therefore advise our shareholders to keep their shares as an investment rather than sell them now at a price less than their I actual value. "SAMUEL XEWHOUSE." The Cactus. That the Cactus group of mines Is to soon be made one of the most productive in the history of copper mining is a conclusion con-clusion in which every person, expert or practical miner, has concurred. While the propagation of aged Bingham as a camp of copper and the introduction of pyrltlc smelting into this valley are achievements in the realms of, mine and furnace upon which the name of Samuel Newhouse is imperishably stamped. It Is the Cactus group, acquired by him four years ago that afforded him an opportunity opportu-nity for supreme conquest. Practically an outcast when his attention was drawn to it, notwithstanding the esteem in which it was held by the owners, a Parisian Paris-ian syndicate, the wealth of its enormous fissures began to' emphasiie Itself with every shot. In the time that has elapsed since then hundreds of thousands of dollars dol-lars have been expended on . equipment; a line of railways has been . extended to the stupendous plant, another to the mines: the mill has been completed, and a town, a metropolis In miniature, with Its cluster of modern cottages, a stately inn. club, library, sehoolhouse and park, built upon the desert. Water is piped 4-1,000 feet to the "concentrator and settlement. set-tlement. Mr. Newhouse has invested In nothing In which there Is any element .of risk. Since the beginning of operations til" earnings have been continuous. The estate acquired by Mr. Newhouse from the world of copper when he embraced em-braced the long-negleeted opportunity held out to him bv the Cactus mines, extends ex-tends fur no less than 7000 feet along the strike of one of the most remarkable of copjier. gold and silver-bearins zones. Just over the hill are the properties of the famous Horn S'lver Mining comnany that have been productive of ores of the value of $46.fm.i.. and that are got pouring pour-ing their wealth into th laps of shareholders. They Hre each prominent units In California mining district. Beaver Bea-ver county, the Horn Silver having fathomed its ledges to a depth of over 1MX with nothing to indicate at what depth the extraction of ore shall reus.', tin the other h.tnd the possessions of the Newhouse mines and smelters is practically prac-tically virgin. The shaft through which the former owners had explored the zone had reached the depth of 3mi feet. This was fille" with water and the only ores accessible at the time were those that had been exposed In the pioneer tunnel tun-nel driven by the previous owners. This avenue, 4a) feet in length, had advanced the entire distance In ore. however. Its course obliquelv across th? monster Assure As-sure In the mass of granite. To acquire a new opening and to avoid workings that had long been crumbling, the management man-agement began the sinking of a new shaft from which the levels were extended at Intervals of lot) feet and since that time its researches have been in copper, gold and silver-hearing silver-hearing ores until the tonnage now expound ex-pound and ready for extraction is sufficient suffi-cient to meet the requirements of the concentrator, running on 700 tons a day. for fifteen years. The -shaft, has-been |
