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Show 7 15 THE SALT LAKE TRIBUNE, SUNDAY MORNING, NOVEMBER 26, 1922. 3$2.0D EkclusIveJJealersf ( ' IN (ChOiuI Tillers of Soil on Their Way Chit of Woods, With Bright Prospects Ahead. Fig ures Show Four Main By HARDEN COLFAX. (Coprigh C IS 22. by Salt Lake Tribune.) WASHINGTON, Nov. 25. The farmer Is coming back into tha nations market th cash to spend. He Is making a 'N Fags.) These plan's are all originally gravity concentration (Wants flotation ha, come in since as a Supplementary process. Flotation has not only increased their recoveries but simplified their operations. In these plants gravity is the prime process As examples of the reverse may be cited the 2o,0v4 ton plant of the Inspiration Copper company and the 6uou toll plant of the Ulami Copper company. Flotation here ie the prime process and gravity the secondary one. There. are advantages in this sequence. By making flotation the prhne process the flotation densities are under better control and the dilution of the flotation pulp, which takes place when the ore is first tabled, is avoided and consequently the necessity for Intermediate settling for ths removing of this excess water. However, much good judgment must be used in this matter, the same as elsewhere. The Magna Copper companv, a small but nevertheless interesting plant, uses gravity concentration ahead of flotation and 50 per cent of the concentrates recovered are made at fourteen mesh on The table tails are these tables. to sixty mesh and are followed by pneumatic flotation without the necessity for the intermediate settling and removal of the excess water. . This Is made possible by grinding in the Initial mills with a minimum cir-or water by using screens In the closer cuit Instead of classifiers, a practice which has always proved successful in this case and is still retained. The ton reagenta are two pounds of lime per d and at the rate of ipound per ton. The yearly average recoveries are 94 per cent. on tha crops of 1922 the past three yields. 11a is by no means out of the woods, but he seems to be on the way, and Jus prospects appear brighter at this time than they were a year ago Figures made public by the department of agriculture this week Indicate the extnt to which the farmer has advanced within the post year. These figures show, with respect to the four main crops, that cotton Is SO per rent higher than it was a year ago; corn more than 50 per cent higher; wheat 4 per cent higher, and oats about 27 per cent Preferential Type Tried. higher. The price of cattle has advanced the Many attempts have been made onminabout 15 per cent and that of hogs about selection of the copper in per cent since inventory was taken of preferential in this ore,' but so far without sucerals last j ears harvest twelve months ago. cess. Here 4t is Interesting to note that whilst all iron pyrite, like all coons and Increase of Billion. babies, mav look alike, yet thev act dif selection of Although the department has not re- ferently. ovorThe preferential iron may be possible on one copper announced it. the latent price turns on f.trrn products Fh.ow that the ore, and, for some unknown reason as yet. value of the Your main crops of 1922 cot- Impossible on another. As- examples of plants I ton. corn, Wheat and oats in round figures is $1 000.000,00 more than the value might point to Britannia at Howe Sound, Consolidated at Bingham. Tenof those same crops In 1921. If Wvestock the Utah increases are added to this, the increased nessee Copper company, the Duektown value of what the farmer has to sell this Copper companv, the Vermont Copper ear is raided to approximately companv and others. j The development of the treatment for If the Increase in miscellaneous of farm, products, including fruits and dairy the disseminated magnetic iron ores his products if? figured in, the farmers of the northern Michigan by anMr. Jackhn and excountrv are better off bv not less than associates presents outstanding be done. lf59,onn,oaa than they were in Novem- ample of what can nowadays vast quantities, in These 1921. ores, existing ber, A jphenomenal advance in the price of hitherto of no commercial value, are now corn has added about f623.000.noo to poten- being concentrated with the aid of modtial wtalth ef the farmers of the nation ern methods of fine grinding and wet this ear Department figures show the magnetic separation so as to demand a averape price on the farm at this time is premium. 62 9e a bushel, as compared with 41 4c 'The experimental work of the Chino a bushel a vear ago Not all the big Copper companv. where they' are dissolvcorn cnp. however will be sold the jrreat ing the oxides of copper with acid, preStrife of it going to hogs and cattle, which cipitating the dissolved copper with sponge also are higher The hulk of the corn iron in situ and floating the precipitated crop was in the hands of the farmer cement copper and the original sulphides when the rise came, so he will share together, is an interesting development heavily in the increase. The cotton crop .of about 10100,000 bales has enriched the farmerfwto the ex- along industrial and commercial prostent of about $250 w0 000 above the sum perity. received by them for last years crop. The volume of business remained stationary at recent high levels Wheat Crop Large. according to reports to other agencies of few days. Wheat prices remain about where they the department during the past were a jear ago, the farm price being The common labor shortage was reported over all the eoun-tr- v as aggravated 97 becoming So, comreported to the department at and wages have advanced, according a bushel a year ago. pared with from to to here, private agencies reports More than 1,230,000.000 buxheia were to 20 per cent in various sections within produced this year, the department esti- a10 vear. mates. If thev all carry the 9c advance Production of virtuallv ail basic com which the department figures has occurred within the year the increased modities continued to rise, the department of commerce' officially announced value is about $lluO0O,OOO. The farmer, therefore, in the light of Pig iron, steel, coal, silk, cement and these figures, appears in the rpie of a other materials showed increased volume hu er with $1.500 000,000 more to spend of output. Textile prices have risen partly than he had last year. Such is not en- in response to the increase in cotton, and tirely the case, however, according to re- demand was reported better than at any ports of the department The farmer has time within thirty months. been In debt officials sav, for the past The inevitable result of rising prices in two years and is still heavily in debt. farm products and wages was reflected in an advance in living costs of 1 per Nevertheless, the farmers of the country may reasonably Vie expected not to ap- cent during October, according to the deply the full Increase to debts but to spent partment of labor That authority's figconsiderably more mnnev this year than ures indicate also that, exclusive of farm last, according to department officials, products, living costs have advanced more and to the extent of the increase will help than 10 per cent within the past year. greater realization than on any other r rorfU of one-thir- ly - '$1,250.-000.00- i I J t t I i ! LID0LE0C3S 50 0. . Beautiful Patterns to Choose from SPECIAL SALE MONDAY AND TUESDAY $4.75 Quality Inlaid Linoleums $2.75' Quality Linoleum sev-er- Crops, With Cattle and Hogs, Increase in Price. 1 from ,..$2.87 .$1.79 Conner Rug & Linoleum House 251 South Wasatch 5867 State St. that mav have a wide application on these and similar mixed ores, provided the gangue does not contain too many acid soluble constituents. Much credit should be given the bureau of mines for the work they have done in this direction, to Mr. Thornhill for improvements in methods for making cheap sponge iron, and to Joseph Terry for his early conception and patents covering the fundamentals of the method The gold ores of Juneau, Alaska, might not be considered complex, but, as a matter of fact, they are, in that it 4s a complex problem how to make money out of ore that runs less than $1 a ton. The methods, however, developed bv Jlr. Brad-le- v promise success. Bv mining the ore in large quantities, eliminating 50 or more per cent of the waste bv hand sorting on belts, and milling by fine grinding and gravity concentration, ami the local treatment of the com entrates at the astounding low figure at ies than 50c a ton, encourage us to believe that they may yet show a margin of protit No better example can be recited to illustrate what can be accomplished bv modern mechanical methods applied to large quantity- - production and close and Intelligent management, than the work of the Alaska Juneau. A few words in regard to the treatment of nonmetallic ores, such as graphite, suiphus, flourspar of coal. Flotation is now being applied with much success In Europe to the treatment of waste coal by the elimination of slate and bone, and e the making of. a product for briquette high-grad- Fluorspar Floated. Flourspar can be successfully floated and has been on a tonnage scale. Native e sulphur can also be floated to a tiroduot and with a high percentage of recovery. Graphic is particularly amenable to a flotation operation, and the application of it to the graphite ores of Alabama, New York state and alsewhere enabled the companies there to double A graphite their former extractions. product carrying 90 per cent graphite carbon and representing a recovery of 80 to 90 per cent of the graphite in the ore is not an unusual thing. Whilst I hsve recited In this brief way a number of. problems that hav e been solved In recent years there is still much work for the research Worker and metalThe lurgist to accomplish ores of lhoche. Parral, Philips-bur- g and elsewhere still await solution. The disseminated silver ores occurring In vast quantities at CVrro de Pasco also are in the same position, and have resisted so far a'l attempts at prof table treatment. Flotation, roasting and leachother schemes havin ing and-al- l singularly failed, to come their rescu The mixed oxid cooper still demand lead dosolv ingrained oxidized ores of Eureka, Nevada, fhe read zinc ores of Ploohe, still await the skill of the metallurgist. A word about voatihzation, which Is at the foot of my st and the most recent subject of experimental work The work done by . the Utah branch of the high-grad- bureau of mine has been both valuable and encouraging. The idea underlying this process is the volatil'zation at high temperatures of the metals as chlorides and either catching the resulting fumes In or precipitating them with the aid of the Cottrell preolp.tator. - A great variety of ores lead, silver and copper were experimented on at the at the eemlcommerelal plant installed University of Utah and many excellent extractions obtained The question of how best to refine and commercialize the fumed product and the cost of the volatilization operation are matters still not yet definitely determined. I am encouraged from a review of these results and the work of others In this we direction to believe that in due-ti- me mav have volat lization as a reliable tco! with which to work. bag-hous- In summing up these remarks. I cannot refra'n from drawing to your attention the wastes and looses which still go on between the mines and the refined metal. At each step in the various processes involved between the ore in the ground and the metals in the form of bars or bullions, losses mechanoccur. ical and otherwise Inevitably Some'of these do not concern th metalof do. them Tuking lurgists, but most a loss of 15 per cent in the ore mined, another loss of 15. per cent in the mechanical enrichment of it. another loss of. say, 5 per cent in the smelter, snd another loss of, say, 1 per cent in the refinery, we have a combined loss of 32 per cent of the total metal in the original deposits, or an overall recovery of only 68 per cent. This Is a condition facing- not only the mining industry, but many other Indus trie involving the handling of raw materials, and one which In the rush of de tail operations is almost entirely "forgotten or overlooked. The elimination of these losses by increasing the efficiency of each step In the processes of con verting the crude materials into their refined constituents is the work laid out for coming generations and one that must and will perforce receive increased attention aa the demand for the metals increases with the Increase in population, and the supply diminishes as future generations approach the ultimate exhauetlon of the world's supply qf them. As that time approaches and it will-c- an we not already prophesy and in imag inatlon see these descendants of ours basins of the digging up the dried-u- p receding seas and delving into those same earths and clavs With which their remote ancestors of a then forgotten age smeared their wattle huts, for those crude but complex substances, from which to extract the magic metals, magnesium and aluminum. 1 ruiy then will the dream of the alchemist be realized and the metallurgical edifice, which our puny efforts have helped to build, reach to high heaven. e To Our Customers: We Aim fo Give the Highest Degree, of Service. e. . NEW YORK, Nov. 25 French government bonds were etronger in today's bond market, advancing fractionally In the early trading but losing their at the close. Prices were irregulargains and the market had a distinctly lower tendency, with the exception of a few FYamerl-ca- n foreign and domestic issues IVfcs advanced 2 points and Sao Paulo point In the foreign list. Cleveland. Cincinnati, Chicago & St Ixmls 6s, series A, Chicago ft Western Indiana 4s and New York Steam 4s advanced 1 point each in the domestic list. Brooklyn Rapid Transit stamped 7s advanced 1)4 points, while the certificate 7)4s lost J point. In the foreign list the Belgian 7)4s and 6s lost a point each. Railroad Issues were heavy, with Chicago Great Western 4s losing Its points and Pennsylvania consolidated 4Hs. Seaboard adjustment 5s and Missouri, Kansas ft Texas adjustment 5s 1 point each. Brisrhill Steel 5 4 and Bonner Steel 7s lost a point-eac- h in the industrial list, while Cerro de Pasco 8s lost 1 points and Distillers' Securities 614 points. Liberties were easier. The following declines of cents per $100 were recorded; 3 4 s, 12; first 4kis, 14; second 4)4a, 2; third 4; fourth 414s, 2, and the new government 4)4s, 4. Total sales, par value, were $5,681,000. over 60,000,000 shares of new Standard stocks It has been necessary for leading holders to retain the original Bhares until the new stocks are delivered, and when the exchangee are effected it is assumed that a test will be made of the power ff the public to absorb tho offerings which those in control of these companies desire to sell. Independent oil stocks were compara Oil tively quiet, chiefly because Of the concentration of trading interest in the Standard (Mi groups, but some of those stocks showed a good tone, including the issues in and adjacent to the Teapot dome field, including Mammoth. Mountain Producers and Salt Creek Producers. The Mountain Producers ranged from and Salt Creek Producers 16lj to 17-- rose from CLEARING HOUSE STATEMENT. NEW YORK. Nov. 25. The actual con. dition of the clearing house banks and trust companies for the week sthows a deficit in reserve of $5,668,410. This Is an increase in reserves of $14,074,590. The statement followsACTUAL CONDITION. Loans, discounts, etc., $4,573,911,000; increase, $5,004,000. Cash in own vaults, members federal reserve bank, $56,254,000; Increase, Reserve in federal reserve bank of member banks, $488,804,000; increase. $17,560,000. Reserve in own vaults, state banks and trust companies, $7,886,000; increase, Reserve In depositories, state banks and trust companies, $9,841,000; Increase, $2000. Net demand deposits, $3,822,617,000; t Increase, $26,103,000 Time deposits, $440,570,000; increase, $579,-00- here, we say, Give corsetieres a trial. They can fit you with absolute precision, at a price you can afford to pay. Here we illustrate one of the popular models in La Camille g corsets. The corset with the patented entilo back, which permit ventilation and prevents pressure on the spine, and the Ventild front shield, which allows great range of adjustment and prevents the lacers from scoring the flesh. Models for all of front-lacin- types Over the River and Through the Woods . In a Hupmobile Closed Car! ' Circulation, $31,971,000; decrease, United States deposits deducted, $107,-00- 0. - Aggregate reserve, $506 530.000. Deficit in reserve, $5,568,010; increase, $14,074,540. t comSummary of state banks panies In Greater New York not Included in clearing house statement' Loans, discounts, etc.. $737,569,500; decrease, $2,826,400. Gold, $4,170,200; decrease. $57,200. Currency and bank notes, $17,075,800; decrease, $988 700. Deposits with federal reserve banks of New York, $68,645,200, decrease, $2,440,-80- 0. I S Thanksgiving Day and ho matter how keen the air, how cutting thewind, or how heavy the snow, the children are warn and merry in your Hupmobile Closed Car. Out into the country for turkey with ' Grandmother, a flying visit to Aunt Marys, and home again quickly, snugly and with nary a blue finger in the lot. $2,675,000 and-trus- Total deposits, $11,8117.600. $799,412,600; decrease, Total deposits, eliminating amounts due from reserve depositories and other banks and trust companies in New York and United States, $762,161,100; decrease, $7,670 300. - The Hupmobile Closed Car is bcauti-'fu- l to look at, with an inviting comfort which justifies its appearance. And, bpst of all, every closed car is built on " WEEKLY CUR REVIEW. NEW YORK. Nov. 25 (By the Associated Press.) The most Important feature of the trading the laat week was the continued distribution of Standard Oil issues and the creation of the market for the new $25 par alue stocks phen issued. It aas estimated by pome of those tabulating these new issues that so far they represent the creatkn of , that staunch and dependable-servicand satisfaction that has made it famous as the 100,000-milcar. The low price cm- phasizes its value. e Let ns take you for a ride in this model. The engine is the same as that of the car which made the p Reliability Run f Non-Sto- t Banks, cash In vault, $28,476,000. Truet companies, cash in vault, 112-1- to 20)4. 0. $23,-00- 0. Women who are ill may be fitted at hospital or at home. To those who have not bought their corsets OUR DRUG STORE IS AT SOUTH MAIN ST. 18)4 Interest was attached to trading in exNorth, American Oil, which was New changed into stock listed on the in and York Stork exchange Wednesday which dealings were suspended by that body last night. Over 3000 shares were traded in during the week on an advance of 2 to 8. The final aale was 8 Mammoth Oil, after sellon Thursday. ing at 41, reacted to 4 0)4. - Our loyal customers return to U3 each season and go out of their way .to tell their friends of their satisfaction. Priced $2.00 and Up State at Sixth South. Wasatch 384. 4s, That our' desire to serve is appreciated, especially in our Corset Department, is jproven by the fact that we do such a large volume of business. figures at Fifth South. Wasatch 5772. Main BOND MARKET. 1 n NEW PRICES. Sedan $598.00 Chassis $235 00 Truck $380.00 f. o. b. Detroit Mich, -- 1 A NEW PRICES Touring ..1 .$298 00 Runabout $219.00 9630.00 Coup f. o. b. Detroit, Mich. Losses Still Many. MiiiBamdl Motor CtoiiniBamTj Its .Service That Counts. 57 South State ' Salt Lake City Wasatch 1450 |