Show affairs affair M 0 das hwy bwy a v f f because they coi cot id do it and because they needed the monea mone As near aa as I 1 can figure I 1 said this roan man the smelting companies have not been losing any money the american company will earn 10 per cent this year in addition to splitting up large sums among its employed emp loyes and building up a surplus of several millions that would not lakeit make it dp ap pear that it had been working too cheaply As a matter of fact it looks as though the smelters proposed to e exact x ac t t the he last penny which it is be h ed the producer will stand before closing down and unless I 1 mistake the temper of the mine owners of this i region they will quit rather than sub I 1 mit to the extortion victor closed the victor mine at mammoth was closed down the early part of the week the shutdown shut down la is only tern horary and is the result of the smelter trouble the victor has had no con tract with the smelters for the reason that the mine was not in position to ship regularly until a short time ag ago 0 when supt bupt joseph treloar su succeeded in opening up some good ore in ship ping quantities thia this ore will not be accepted by the smelters at the present time and this is the chief reason tor for the closing of the mine the victor has some money left over in the treasury from the last assess ment and development work could have been carried on for sometime some time to come but the officials are of the opinion that it is best to await a change in the mining and smelting situation As soon as conditions again become hormal the victor will be able to ship regularly as the ore bins at the mine are now overflowing and a great deal of ore is also blocked out underground just a few days before the order came to close the mine supt bupt treloar opened up a nice body of copper ore upon the level there was about three feet of this ore exposed when work was discontinued and mr air tre loar sas a that a couple of assays I 1 which he secured showed 28 and 32 per cent copper meeting of mine owners the tintic gintic mine operators assoria tion is scheduled to hold a meeting in salt lake lale this afternoon when im ini matters will be brought up tor for discussion the manner in which the smelters have ha e been handing it to the mine owners will no doubt be one of the questions to come up for con I 1 have hane been shipping ore to one of the smelters here I 1 said a utah mine manager to a salt lake publication that not only did not cost anything tobaie to have smelted but for which the company paid me a premium V N hen the last shipment was sold I 1 was in formed that the company would have to exact a treatment charge of 6 a ton and that hereafter it would not take a pound unless I 1 signed up a three to a five year contract I 1 asked what the reason was for taxing a ta 16 treatment charge on ore that they bad had previously allowed a premium on 1 and I 1 was icely informed that it was Z IN t 97 J lif t 4 V F great of ore in the south end of the beck beek tunnel workings abutting north end line of the colorado cut out reproduced by courtesy of the salt lake mining revia |