Show POLLOCK llO TALKS TALES TAL TALT T To T 1 Gives Out Interesting Information Inform Concerning Great Mine lInc And Smelter Corporations EARNINGS OF UNITED STATES SaM Sas S I They Thc Will Ili Reach Hench This Tit Is Year ear and all Next c t Good Coot Word Voni for Mr SIr Ir Jounce James A Pollock president ot of tho time Salt Bait Lake Lal t Stock Stolk and Mining t I has hns been In Boston A few fe days ago he lie submitted to un an Interview In which lie hc took advantage ot or the tho opportunity to tell about some seine nf ot great mines moines Mr lollock has always n a fL supporter tor of ot United States mining and his predictions made mado months ago ngo concerning It have hoo conic como true He Ife said eald Matters are n a 1 lilt bit congested In finance In Bait Salt Lake Inke us ns well as In tho the cost COAt There arc moru morl enterprises ell than capital c to entry carry Wo We have hLo plenty of ot good commercial securitIes s carrying from front C 6 per cent to 8 B per cent returns and therefore there tore are aru not nat looking t for or r east eastern ern en financial Investments Asked AJ ld to wine some of ot these com commercial mercial Investment he ho said Hock Mountain Telephone lie III thought was a good g d Investment at IU It operated under the lIeu Hell system s tell In III the states of ot Utah Montana and amid Wyoming W It was paying 16 0 6 per share but was nun now selling down dawn downto to U S per Iler share by reason of ot tho the com cant competition petition in Halt Hult Lake City but Mr Ir Pollock ns assured by the tho manage manaKU management ment that dividends d would continue and that earnIngs of ot the Hell Dell com company pany Hero sero ero not decreasing Asked concerning American Smelt lug Ing and und Refining company Mr Pollock saId 1 I do not nol know anything con concerning earning the shares ot of this company I Ionly IonlY Ionly only know of its ItH Il plans locally In the Salt Halt Lake Lako district It has hall not lIot mantle made any an substantial gains since lince It took over oer tho the theold old smelter smeller nt III the tho time of lit time the con consolidation These hlo still n a 1 capacity for tor about 1000 tons tOilS aims of ot ore per lC day but hut competition has hils grown groan up imp until outside custom smelters have Ve more noro capacity titan than the thc combination In my may III district TIme Tito of 00 tons lo in I a 1 custom smelter anti and the Limo United States company Is U also n a custom smelter It will treat soon Boon 1000 tons of ot ore per iter day da antI and will wilt bo be enlarged uti un tit til It create MOO 1100 tons of ot ore per day du There III IH no limit to the time possible development of It the tho Mulled States Min Mm ing log company In III Its lis ore 1111 smelting operations I figure It will ivill 11 earn 1600 1500 thIs thin year timid In III 1903 1901 I The fhe imo J Boy Roy smelter Is treat trent Ing lag tons tomma of ore or i ler icor cr day clay will willMon soon Mon be bo treating tons tomis ot of ore oro per percia day cia hut but this title Is la not u IL custom cu tom smelter Thu Tho smelter will treat tons of ot ore oro 01 I One can see Hec therefore that whereas thelO was wall a n few tew years yearn elra ago In this dIll die net n a smelting capacity of ot less lesa than 1000 IWO tons tOilS per iter tin nil all of oC which Is now nov In III tim the American Smelting and Refining company lice tho outside smelters will next year ho bo treating lOlls Ions of oC ore per er day 1111 of at which 1500 1600 tons capacity will be bo tailing lulling In custom ores I The Consolidated or High lit land ml Hoy lloy ns as we cull call It In time the west Is nil all right and will not only continue continuo to pay 3 per annum but hut will wilt pay more There Is If not a II better tetter mining manage management ment In itt the tho world than Mr It gives to tho the Utah With their precious metal values deducted from the cost coal of or securing copper Utah Consolidated will vill nave have time the lowest copper cost COlt sheets of or any mimic In tho tIme world The Thc biggest b est precious metal mine however that I have ever seen and 1 I have hao seen een n a 1 good many In my time Is U tho time of or the tho United States Mining MimmIng company com Pliny I With Malt anil auth United States Min him log Ing toll has hn no reason on to complain of ot her copper Investments In In n Utah |