Salt Lake Telegram | 1916-06-04 | Page 40 | Financial and Mining News; Stock Reports and Wall Street Operations

AND AO MINING NEWS STOCK REPORTS AND AN WAll STREET GE PLANT I HOUlD UL OPERATE EARLY IN FALL i ii i ge company experts t nl plant equipped and operating forC the summer is over over over-or o or early fan lall The production i 1 oJ that oIW will IW be jj this D Deer er Valley Valey plant should Increase tho the earnings of the com com- nd tid do away with wih earning the necessity of rd g i the zinc product In 1 the present 1 where the net profits from this p at nt times quite small smal ground has quie been broken fo this Un- Un I a d l all au l the equipment ordered re Is disappointing delays in ih thep the theof I Ir r p of of the ma machinery that has been I Ithe the constructing engineers expect no trouble in having the on schedule time The h hat ht are re responsible for t the tle e success profess profess' that will ll be Installed are l nSe f r of the h equipment I HaveT 1 pledged to make deliveries make make- I h. h of the big electrical hoist holat mine I has been e finished and the thes Js s started a up yesterday e d ac General n nr c r r G G. V. V Lambourne says It ope- ope ke a veteran and Is a much needed neede ment This plant has ha a capacity I l feet t-feet ment which will wU put the company s s to a depth where a connection S made made with the Ontario drain tun- tun I present time the main working 16 as tas attained a depth of 1600 feet I all the ore extracted Extracted Is la cl al to toe tole rom above the 1200 level level As I le e ore deposition is be below ow the pres- pres Is a matter mater yet to be deter- deter pres-I pres The company has a l vast terl- terl terri tern 1 virgin ground above the lowest I nd ad that country gound will wi be developed countr vely before dee deeper er wor work is under- under j output from the mine has been recently by reason of some belted belated zinc zino production a e shipments The at times Umes when the marthe marthe mar mar- It Ii heavier the tho bevier more favorable but no efort effort made to o on Increase n a this ore Ms oo sp rl that because o of the higher I profits the they shown by treating the zinc in which is under course o of plant 17 1 y