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Show THE CHRISTMAS NEWS, many successful and extremely mines In tha past, and profitable Is atlli making them, the management was Inspired to select this district as a field for Its efforts previous to the organisation of the to ores, company treaty alllclou .The announcement was made by Walter Fitch, 8r., preatdent of the company recently and the milt will be adapted to new processes that have been shown to be sue. easeful in ore 'recovery, A further extension of the company's operations la also announced looking to the development of the limestone estate territory of the end the making company's of hydrated lime 1 - products A block of 110 000 shares of stock la to be released lo the stock, holders of the company at ! a share to finance the proposed construction and developinsnt. Tha stack la being prorated an tne basis of It aharaa of tha treasury .stock to bo disposed of for every tee shares held of record on October '10, and because of the com- -' pony's excellent financial Condition tha offerings are eagsrly aecaptad. Tha now milliag proesas la a from the company' own treatment, chargee. Patents for v process have been applied for In ' this and other coantrlee by the Is already the which company bolder of several patents warrants. In a report to stockholders sent out during the fall Mr. Fitch jbiiii "It has always been the aim of the directors and the managsment to adopt plans and msthoda that will give perpetuation to Uio comthat and In pany's sntsrprlse. With view, and because of the remark-abl- e Bad richness profltabt character of much of tha or of this so Tlnitlo district, that has mad Rending t Th' Earth For TreMure. Continued tram page on ) P ha produced and Was Ido. 000 In dividend factor In the Haarat fortune. ' ), $l$-,$ha product This district three but within tha of extension years In the eastern the district, the great Bark Utaha has beeni opened up, dlwdosing been single or body which has opened for 1.404 feet In length from and over 1504 feet on the dip t which b titer than 14 ton of or with an average of $4 ounce In j silver a ton la balag mined dally on and the extent of t tv a or bodybeen its strike or dip has not yet found. - Making of this great which In Ita first year of paid over a halt tnilMon - production dollars Ini dividends km stimulating of the east aid of the ' development camp where (hare la much virgin ground. Heavy Frodmew. , Tlnltc, tho third major dlstHct otak found In tb 44'x of the but development Vowas pot rapid un. duo tit Iranepogtauon. Waco then Its Umeetoee replacement and smaller fissure are bodice have produced over $144,44.444 " and It- la wit bin tha peat decade that a- saw producer that has had aa output of $ 1. 444. 444 has been found there. Tb Chief Consoliof dated and tha Tlntlo Standard the - mi district are today among of mines Oliver producing leading than the werldi Tlntlo ha mere IS mines ithat may b classed a $ 14. a big pt -- lift, i 1 and the output regular producer tons weekly. averages 0.444 hava Metallurgical development throughout tho history ofofthothecamp Inbeen a prominent part chlarid-ixtn- g dustry. Iter hoa beenof the redirect roast method covery of various metals from thea ores, a process which Is gaining position of great importance In the naning world. Subsequent to the finding of the , district mining present . large were Of located. smaller camp these, there wa Mercur. located In the 74' but valueless a thatvtm because ot the low grade of Its oommerci-nlly gold ore v hlrh became when the possible In 144 , v process was developed and which nine produced $14,404,400. atlli The camp Is now dormant but class has pots bllltles of a different of or being opened In lower It was In this ramp revothat the cyanide process that lutionised the method of recoverore silver from gold ing tho metal and curiously was developed, enough this la practically tha only distort In the stale where gold ha been the chief metal reeovurad. Outlying Districts. s The Denver county districts, disare from In time the Tv's, covered to lime creating new Interest over in tills disnriv ore discoveries, trict is the famous Horn H.lver - company. Actuated faith by this same that many more mines can be If means ran be made found tho for tho aeareh. there available have been acquired better than acres, all practically contJg. uoue. 'The coat of the company's property together with the coat of tho oqulpmont for tho operation of tha mines embraced In the same la: Mining . claims, machinsry, building and Inequipment, $411,111 II, shares companies, ($33,400 1$, and,ea balances duo from subsidiary for cash advanced for development work (144,414.71, making a total of $3,144,144 4. have All of thsee expenditures been made out of tho profits and la In addition to lha 11,(44 444 paid In dividends and the MM,no held In the treasury with offUrtandlng debt except the conand tingentno one of the ofgovernment,llaMlt-ty Increase with capital which atlli stands at laaa than 1923 , ll.ttt ll.lll.ttl.lt; sub-eida- ry com-panl- 15 rUnited States Chief Consolidated Plans Construction of New Mill plans hava CONHTIUKTION for a new mil) for the Chief Consolidated Mining DECEMBER ' Smelting, Refining & Mining Co. Buyers of In reference to tha contingent debt lo the goeerament. Mg, Fitch , says that it la a claim for a larger amount than the company paid during tha war.J Tha company's counsel believes that all luut beca paid that la demanded under a fair construction of the law. The matter will hava to b derided In court. Her a a of tha eakMence of the claim, the directors did not feel Justified In using tha money now company's treasury for' mill construction min that has produced ever and paid more than (7,040,-40- 0 In dividends, a property that la yet making an appreciable or production. Other outlying districts from ttm tb time create Interest with the making of a new mine. There la Maryaval In lbs southern part of the atuis In which old properties consolidated are producing In V excess of $$44,000 yearly of gold, silver and lead ore. The old Anns Laurie and Deer Trail mines are In this section and produced millions In tiina gono by, tha Deer Trail Is still on although of (be big gold mines of the west. Vtpont, In tha northwestern part of BoxeMer ooumy, la an old mine properly financed In recent year for extensive exp lore I Ion and Is on of the ten leading silver producing mines of the United fRatea, with sufficient or for n mill of In $44 tons dally capacity. this min produced $1,400,044 In silver. In addition to the stiver producing areas In Ibis county thora la the old camp of Park Valley where are located lha Century and Susannah mines, each of which has mod a creditable gold production. After com year of idleness I base preperilea are again in operation aod give promise of creating another thriving community for tha state. The Ihtgway and Fish Hprtnga district lit Juab county hava for years been regarded aa camps warextensive mine developranting ment. Although the area Is handicapped by lack or transportation, several profitable mines have been opened and dividends have been paid by mines that have produted about $1, 410, 400 of lead silver and copper ores. With adequate transthis area will portation facilities undoubtedly become an Important metal producer. As to Plaorr Mining. Although placer gold to the extent of $1,004,440 was taken from Bingham canyon In the early days, there have been but few sporadic ' attempts at this kind of mining In This notwithstanding tho Utah. fact that recent survey of the satire state dlsclboe the fart that literally hundreds of millions may yet' be recovered by processes. Within these placers on tho Green, the (Irand. the Dolores, the dan Juan and the Colorado, ns well as In the alluvial placers in tirand, Garfield, sad Wayn counties near tho U Hal and Henry mountains, there have been Identified aa oc- Ores and in-th- e , Comcemitrates I Matte and Furnace r Products lift Terms quoted for smelting ores, also for concentrating ores containing low percentages of both lead and ainc, on application to the United States Smelting, Refining and Mining Company, 'Newhouse Bldg., Salt Lake City, Smelter and lead and zinc concentrating and separating mills at Midvale, Utah ; Copper smolter at Kennel, California; Lead refinery at GraKselli, Indiana. Goldroad, Arizona, Eureka, Colorado, Sunnyside Mining & Milling Co. newly-discover- curring commercial quantities of gold, platinum. Iridium, osmium, pallldium and Other metals of the platinum group, and also mtiu-li- e carrying the rare earth metul. thorium. Much Interkst Is awakening In Utah regarding placer by reason of the new Croner process for recovering flake gold and platinum and whic h has already demonstrated Its efficiency In treating low grads purer which exist In vast areas in this state. 4. In conclusion then, we the following remarkable re mineral wealth produced It since Salt, 1 $6 & : $S,$$7.$Ji; v cement, I1T,- -' 0S0.I4I, clay product. $14, sine, $11, 414,452, gold, $144 coal. $14$. $54,114, lend. silver, $341,052,727: per. $457,(33,44$. IDO, 213.-43- 5, $224,-044.42- 4: cop- |