Show t t 1 W cor I I Ita r Od J oon N Never H i ev POO n k d B 11 t f fi i 1 i v II d 1 1 z t r i iL iI it ii L i it 4 I t i t lm a um iT ag L t a ft i ir iI ir J 3 4 S W fa S1 43 I r i c ci I i 1 r r I e j 7 r I I i iJ iL ik k 4 7 47 11 J L I Z i c cc l c z L f kt t i 1 4 r L i r i r 6 1 J r kv t ti T i j if iff r i i f I it 7 II 1 4 q I h i t t I I Ii I I II J I k 4 t V 2 1 F r 4 I i r G Gi Gf Ga i 1 I j jI I k I i i f r i 4 A i a DeA DeAI n rj I J 4 V h z b 1 hip 1 I er 1 VIE NE r year lear ago ao today the th 0 for or mining in n Utah was not al alto to ether rosy The Mie he country was then in the throes of or a financial all branches industry of were temporarily crippled Naturally the tim metal market was affected by b those these conditions condl and there Is where tho the min miner mm i ito er CI and the producer of ore are wore were brought to feel foci time the stringency Matters wore were this state by a decree of Injunction Issued from the federal court down clown practically every overy smelting plant in the Salt Lake valley vallo being ui outcome of the trial of the shelter s t I smoke e cases which had boon been pending In tho the courts for a number of years ears Thus to a large largo extent a mar marlet market ket let forthe i the products of the tho mines was cut off although for a time Uma there was to enter it with the products of the tho mines because of tho the tholow thelow low OV metal meta prices which came caine as ono on of the tho fruits of tho slowing down of th tho w 1 hs of industry no noone ono one lost hoart heart Those rhoe Tho e who strong stron enough t to do ilo so o continued tho the mont ment iI mt of their mines firmly believing bell that th tb toe conditions thee t e existing were not no and that It would only be bo a am matte m i of t I C short hort while until things themselves again a n Subsequent developments demonstrated that tho the right view of the thc situa situation j tion lion Conditions Con might have havo been much different A factor ctOl which played pa cd an important part art In tho the rapid return of confidence Is found in the tho fact that large enter enterprises pries es rift or the expenditure of nf Jf millions Of dollars in izi i were just j st blossoming Into l to toi t maturity i when tho dark ar clouds of de tle depression seen ed the time thickest 1 For or illus c Is the Utah Copner company t mentioned This great groat reit corporation was to toeo toco conduct duct its opera operaS op m mi S i tl upon pon il a gigantic scalo the mell t df di cUng its lis affairs had confidence in ill t the Instead ad of silting idly Icily by hy byC r r C f ami ani nd waiting if tile r lurn of f better times s orders ord rs to t more men on rolls Us hence hundreds wino who had J d f c r be ben n of oE employment ment elsewhere i were re given ive i iWo k The Tho copper cooper smelter t I of rf t o l tt Garfield G situated safely safe I If without willm t smoke zone zon of th Salt was also etting I W un Ji a 11 of f steam and al ali althO i though thO the latter att l ero severelY criticized zed by b producers of orr for having taken 1 undue them in tine the th I d eriS cx rol IY l be admitted that the l ld Its share sha c t towards w tine the ear earI r i I of co co Better Bett r condl f r 1 ro ul than lO ny l no now n the eve of 1 ewi th d i U 1 fl i i He iid tho the light c sl l it sf rth with more brilliancy than thanie ie v Confidences o has beeh fully full re stored s red th thc arc ale r outputting tin mr ner neri r rt i tonnage t rii ge ti sh pe of bt Conner ores l lt than t li cy ever r p before for hl The io fo BIngham BinKham 1 c production Uon of ld sl and L t probably n is a e et t d f r b by es e i S For i i sq t I reasons the tho volumn of dividends has I not been so great yet a number num er of Utah mining companies havo done dono handsomely handsome by b their shareholders Two i I new have been added to t dead list Utah Copper of ham and the Sioux Consolidated In the th Titie li tle district But tho prospects for great greater er or r profits during the coming year could c ld not be more mole Inviting l UNCLE E JESSES PART It t would bo be unjust to Uncle Jesse Knight commonly referred to us as a athe the Wizard of f Tintic to omit In this tills story mention good things ho has accomplished in the promotion of the U e general welfare of or the tho th mining Industry of the tIne state First Finst of all when the Salt S it take Lake valley smelters were closed and nd the tile avenues of closed to the producer prod eer of ore Mr Knight set out outto outto outto to build bund a smelter of ot his own with the view of making his own mines mimics entirely independent Ind pendent as us far tar as facilities facilities ties tics were concerned concern d He received en on encouragement from other producers who had complained of ot tho the treatment ac accorded accorded accorded corded them elsewhere so Mr Knight I decided to make the plant larger larer than was wae first intended and to engage in inI Inthe I the custom smelting business Ae Ac AeI Accordingly cordingly plans were laid along alone these lines and something like has I been expended ed In carrying them out The Tintie Smelting company was formed and a smelter erected near neat Silver Sliver City In the tho district t within convenient reach of all the tile prin principal principal cipal mines of the district but rend rendered rendered ered ere more accessible by the construction tide tion tl n of ci tho Eureka Hill railway ran way also a enterprise The rho smelter was wa recently placed In commission and While tIne the usual hindrances hin encounter encountered enco cd ed by b most now new plants when starting were vere experienced it Is now giving good satisfaction on Only the lead Ica furnaces are ar In mn operation but but it Is expected that tine the treatment of copper ores will be begin gin gln soon after the year Not only has Mr MH Knight built bunt this smelt smelter er cr which Is quite quits an an undertaking of Itself It elf but In n addition to this he ho has managed to keep a vigorous vig rous campaign of development going on continuously at ao the various arlous mining with Which he ho Is Identified He Is a mine maker and his success sn jn in that tha respect has haa been regarded by some as being simply marvell us operations have havo been beer centered mainly In iii the tho Tintic district Inc has hlis also been l new money money is now nov being applied towards the tho de development e ev v lo of several severa attractive prop cities stul l Alta and Fork districts lis as well as in counties J mw ASSURED 4 Among mong the most gratifying an M c was that which came cam can r from the ex fecs of the Utah Consoli datel lI J company p ny iii th New York to tine the effect that ahat another largo large custom t uld be erect erected erected ed cd In l To ro el l county co ty during d the tho com Ing y ar pl nt will be a able ablo Am Smelt Ing ig R States i Smelting Mining companies ii and l j jand and R tho Con Cons s ls im not I t directly in erit lf b me a tent factor In th di c fth affairs of ot the c company Jo formed P Ism smelter l i i i it i became manifest 3 l est to t rt r 1 H management of the Utah Consolidated that the time farmers of the Salt Lako Lake val valley ul ulley ley icy would woul win In out In their contention that their promises premises damaged by fumes steps st ps were taken t ken to t obtain a site sito for a new now sl elter In Tooele roc elo county Accordingly a largo large area of land lan was weTs purchased options and smoke casements easements obtained upon a still larger area together with water vater rights etc Thus the company became prepared for the worst Fol the tine closing of ot the Murray smelter ter tel tho management n succeeded s In ob taming a contract to ship tOO tons tone of ot ore dally daily to the Garfield smelter smeller with witha a clause causo giving the tho privilege of for another year provided to I that effect efre t was served within six months after the tIne beginning of f the tha first I years oars contract which was done An ef et I f was then made a aliv ear contract with the Guggenheims or the th 1 Garfield Smelting company but upon terms moro morn favorable to Utah Con Consolidated Consolidated Consolidated stockholders The rhe helms belies however refused to do 10 this whereupon tho the Utah Consolidated di directors directors l rectors reet rs took up the time matter of building its own on plant The rho It Is I IsaM said saM employed e tactics to prevent this th s sOen even Oen going BO so far as to try and buy up a majority of the stock sto k In which move they oiled failed fa Hed Not long ago the tho tholand th theland land purchased for a smelter site to together together gether with the tho options etc ete worn were transferred toW to W D Butte who contracted 1 with the tiie Utah Con Coti Consolidated to provide proville facilities therefore and treat tr at the ores res of the Utah Con Consolidated Consolidated mine for a period of ot 10 years commencing In April 1010 1910 tho the details of f which are ame set sot forth In the following communication recently sent out to Utah Consolidated shareholders by Brought n which says During the eight elgh years I have havo pre pro presided presided sided over over the tile affairs of your company I have hava addressed you but once oneo except through the medium of oC an annual re report report report port In September 1007 denied 1 certain tain tam statements that th t were yero being Indus Industriously Industriously circulated In the nubile press i which statements have havo since been proved proved ed to bo u CLOSING OF SMELTER I 1 now desire desir to give you Information Information tion upon a matter of importance to your our company c nipan In Iii January of ot this year ear our oui s smelting plant ln In Salt Lake lec valley by order Qt Ce court case mise had been car carried ar ned ried to the court of last resort Your c was then a now smelting plant In another location which meant the cessation of production ton tion a year year and amid a half h or or c fot of ot a contract contra f for f r the tho smelt smeltIng Ing f the GaO dS Ing compan In F February of this year yeara a contract r was made Gar Gril Garfield field for rl d ot onn year ear contract was as the best that ibe be made mado under the stances st n B by b Its com corn company pany had the option In aix months tl lie extending the c or a 1 second s on l year year and sing Ic q fI cert ln a m nod and i ota ofia ot iJ contract tract fora n p rio l N j 1 rU ar eX r sed its to extend t e on t for ifor rt n second d elI ear a and d Informed i f td In th t r i ito to take question r 4 1 j 1 Smelting SmellIng company your OUr company company could not agree gree to fur for defer these thew questions for fOI 90 days which your company could ot oL sigree to for fw forthe forthe the reason that certain options upon land adjoining the smelter site by your our company expired e Oct 1 L Your company c however agreed aST ed to a lL post postponement postponement until Sept 14 upon the tha con condition diLlon that Its contract should run for 18 months from that date On Sept Septa 3 a the GarfIeld Smelting company notified your our company com pan that It could couldn not n t change any conditions of the tIle ex existing O contract but would make a con COIl contract contract tract for five years e but not on any anymore anymore more favorable terms to t your company Your Y ur company Immediately as a pro protection exercised exorcised Its options on tile tho lands adjoining its new smelter site alto Your company has now entered into a contract with W V D Thornton of Butte for time the smelting of Its oros cir r s for a period of 10 years ears commencing April 1910 tho tile proper performance of which h contract cOI truet Is I guaranteed by four foul persons p acceptable to your board of f directors Under the provision of this contract ct Mr 11 Thornton agrees 1 To T erect er ct a smelting smelling plant in Tooele county c Utah to be bo In operation tion by April 1910 i and treat the output of or your OUI com mines up to o 1200 tons tolls per pel day da at a rate which is cents per ton more favorable to your company than t now existing with the tho Garfield Smelting 2 To acquire from your company at cost all the tho lands and options It has acquired In Tooele county 3 To give your company c an nn option upon any part of par value of the tue capital stock of ot the tile company to bo he formed to operate the new smelter lter up upon on as ftC favorable terms an as u may be bo ox ex extended tended to any amly other taker or er or to stock Tho The cost to your company of trans tran transporting transporting porting toro ore to tho time Tooele T oele smelter will not hOt exceed 15 la cents vcr per ton toll All figures In connection with tho the existing contract and that entered Into With Mr Thornton Thornt n have havo been approved by b E P Mathewson of your our consulting engineer Upon the basis of ot your present output of ore SOO SOd tons t ns per pcr day ta the contract entered Into with Mr 11 Thornton will result res Jt In a saving swing to your company as compared with wiLh thin the contract now In existence of over per p pert r annum or 1 per share sharo upon the tho capital stock s of o your our com company compan pan pany SO EVENTS Ey TS i The Tho construction and com coin commission mission of the smelter the for formation formation mation matlon of the th Independent Smelting company and the tho purchase Durch seb by It of tho the smelter near ear Ogden the tho starting of tile the owned d by the tho th Utah Copper ton Consolidated co h havo a combined i capacity for fon the tr of tons of ore from per day I the announcement of f the plans to build on the Utah Jin tn in l oe 4 dounty were w re arn n O tle year ear ar arn n fec ceding ing p thc lg In of Uta Ii s I ant l w wail tM the metallurgical 1 i s g Refining yi tiIa i of t at smelter 10 June Jun 1 lion ilen Th t lilt d Sf t i j l 0 11 J Vi iM h X c and amid It was while in tha the progress I roBe of ot these experiments that a successful method for fOl tho the elimination of fumes mules was vas lIS discovered The Th operation of the tho process I la Is i kept a secret as a tar fur ns as pos possible sible but hut the th company has Its Us rights tights preserved by b patents In this as well us mis in foreign countries When It was positively pos determined that fumes which play havoc when coming in contact wita vegetation can be bp so neutralized n I that the tho operation of ot tho the I smelter at Bingham Junction would I Inot not endanger growing crops cr ps or live livestock livestock livestock stock in the slightest degree whatsoever over ever time the court was appealed to for tor or a n modified decree permitting tho the opera operation operation operatIon tion of the lead section of the tho plant which was granted grante Tile Tho furnaces have been In commission since last la t Septem h I i i n oHI wi tn r authentic Infer mation tI tho th operation p ti I 1 of Tt the tho process s referred to has ha more mOle than come up to expectations An average of SOO tons of ore a n day ay Is Ii being smelted and It Is difficult to discern at any as u much Issuing from rom the tho top of thu tho stack as from an ordinary house chimney Time Tho most of tho the time timea a U thin white whito vapor is visible but to view the plant t from froim a distance It IL bears every evidence of being Idle l le The rho bag house housa Is similar to bag houses in iu use at other plants the tho pros pres present ent Cut ono contains 3 OO bags and all an ad addition addition addition is being built to make mako room for rOl 1260 more dole Since Sluice the of last July time the date when the th smelters started after a 11 shut down not nota a single bag has lias been |