Show MEN NEW FlOTATION Mill ORDERED BY PRINCE CON MINING MIMING CO Directors Directors' of the Prince Consolidated Mining company have ordered a flotation flotation flota- flota fota tion ton mill mill mi plant The equipment is practically all al contracted for and delivery de tie livery lvery can be made in ample time timeto to commission the plant not later than July Tuly and possibly earlier earler The rhe building is completed and the tube mill mi is in lit stock ready for consigning from Denver Of the recovery that will wi be made and the values of or the product and tonnage to be treated Manager Murray C. C Godbe says saya During the year many tests have been made to determine the best process process pro pro- cess for the tile treatment of this tiis matena material mate mate- na rial which consists of ot measured measured measured mea mea- tons tons' in the two pits pis the aver average ver age assay being 10 ounces gold and 67 per cent lead The best resul results having been obtained in a preliminary way by means of ot oil flotation a complete test plant was installed at the mine by C. C F. F Sher- Sher wood metallurgical engineer and a series erles of ot tests made employing that process The results were highly sat sat- An average sample was wa I then taken to Salt Sal Lake City and check tested by br the General Engineering Engineer Engineer- In ing company of ot that place Mr Sherwood having the direction of oC this work has made complete report report re reo re- re port in every ever detail and the following excerpts are from his report Figuring the the value of the product obtained from flotation at Us Its market value on the basis of 6 6 per pounds I of ot lead and 50 cents per ounce of ot sil silver silver 11 sil- sil I ver vcr with wih smelter deductions we have havea a recoverable value per ton of ot tailings tall tail tal ings of Deducting the total cost CORt of ot handling and obtaining these values of ot which costs include all 01 overhead charges amortization on plant etc le leaves ves a total net profit per ton from flotation of tailings treated of This on tons amounts to net revenue derived de tie- rived from tailings It Is the writers writer's wrier's opinion that the recoveries will wi be greater in actual practice than those we have figured above Work has been done along the lines of or cyaniding the the tailings after flotation to increase the gold and anti sil silver silvor sio sil- sil vcr ver recovery recover and I am confident that it will wi realize at least net revenue Conclusions From Conclusions From the above and the tte work that tat I have done on your you tailings tings I strongly recommend that work at once be start started d upon the erection erection cree tion ton of ot the tile mill mm You have In actual sight ure sure ure of recovery from flotation net net with wih the additional recovery re j. ro covery by cyaniding of or Using E extremely conservative figures figurs In making making mak mak- ing tag this estimate It i is the writers writer's opinion that the net recovery will wi be beIn bein bein 1 in excess of ot NEW YORK MONEY NEW YORK April 5 Mercantile pa pa- per Serling Sixty day day bills bis e. e m mand anand cables 1 47 Bar silver lc f e Mexican dollars 47 c. c Government bonds firm fim Railroad f oa bonds irregular eg t I Time loans loans a Easy a sixty and anil ninety days das 2 per cent six months ney 1 33 per cent Call Cal money tead Steady money Steady high 1 per cent I low 1 per pcr cent ruling rate rte 1 H per percent percent percent cent last loan 1 per percent cent closing bid 1 per cent offered at 1 per cent NEW YORK SUGAR I NEW V YORK April Apri G. G Raw G.-Raw Raw sugar sugar- tugar Steady Stead centrifugal al molasses molasses I Refined steady Sugar prices opened steady today on onI covering and buying by trade Interests I A At noon prices were 4 to 6 points higher I I I AMERICANS ABROAD LO LONDON DON April Apri 5 American 5 securities on the stock market were neglected after I a with fractionally New York higher opening In sympathy I |