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Show Tbftie's 8ilv Prodnctlon in 1820 Kinsadad Hut cf TSatlo if tlw gnat-a- t sllvsr. prodno-in- f camp in the United States. snj othar . Volnme XXII Number 3 EUBEKA, JUAB COUNTY, UTAH, FRIDAY, NOVEMBER 18, 1921. Fight Against Silver Is Chief Coos. Losing Ground In East Grand Central To lias Taken Over East Untie Com. o Local Man Interested In Idaho Grid Properties Bis Steel Plant Lake Of Oo Walter Fitch, Sr., president; Earl McIntyre, for many years Fitch, vice president; Thomas connected with the Mammoth mine, ' . Carmichael, secretary and treasurer, to the president of a new corporation these with W. Lester Man gum and to be launched for the development Plank costing about $25,000,000 Plains completed for throwing several years has been owned byth and WU1 Knight constitute the of will be the erected on south gold properties in Idaho. The Mmboard of directors, Knight interests of Provo. The old time bomana open to will be known as the Idaho! shore of Utah Lake, accordThere will be a special meeting in company pany owns a large piece of promts- take; lessees under methods which near future for the purpose of Gold Corporation and it will Goat' ing mineral land in the eastern end over the Vtohna and Mountain ing to reports juit given of the district. Announcement of amending the articles of incorpora-th-e a have been successful hero. Bar in the District, Rocky holdings change in ownership came re- - tlon, nuking it possible to change northwest of Halley. Among the twenty-fiv- e million dollar steel A was to of business from Provo the place cently when the annual meeting well activities center of known with other the operators mining merger, held and the following officers elect- Balt Lake. With reference to the reported who are interested with Mr. McIn- on the shores of Utah Lake, to the mine, Central Grand of tha transfer tyre to James I vers, Jr., a director good news that comes from San of vUck mention was made In these of the Silver King Coalition com- Francisco. colnmna a week ago, we are now L. F. Rains, of Balt Lake City, pany in the Park City District. It Will to state that Paul HUsdale, to said that the properties which will president of the Carbon County Fuel wall known mining engineer, who form the basis for thy new corpora-to- a company, to the man who has put has had mining interests is this die- Another Untie mine is back in the receipts from sale of ore were equalrecord of the deal over. He has had associathave a proddetida . -ta trlct for a number of years, jet-dividend column after more than a ly heavy during October the mine 8760,000 and thgtAhere to ore in ed with him la the preliminary or' year's absence. It is the Iron Blos- disbursed a large sum for new equip- sight worth 8400,000. ganization, such men as W. W. Armsom. The directors of this company ment and improvements. November The ore already mined and treat- strong, president of the National best month of the ed in the smelter at the mine aver- Copper Bank; Capt E. J. Raddats, held a meeting at Provo late last week and after hearing the reports aged 8M ounces gold, 16 ounces sil- president of the TIntic Standard Minholm is highly pleas-th- e ver and 16 per cent copper a ton, ac- ing company; A. C. Ellis, attorney, of Manager Hugh Trenholm and manner in which the old cording to official records. The rein and Duncan MacVlchle, engineer. General Superintendent Frank Allen is responding to cents decided on the payment of 8 has been opened by a series of tunFor months the merger has been work. Greater encour- nels from 600 to 8600 feet long and in hand, and so certain were the proper share, or 886,000, this being the first time in more than a year that agement is being given to lessee and three ore shoots found that are re- moters of its ultimate success, that the stockholders have had a taste as a rssult of this new plan the markable. Tha north shoot to 400 they have taken options on lands on of profits. The checks WU1 bo mail- mine's tonnage has been increased. .feet long, according to official re- the south shore of Utah Lake, and WhUe the figures are not avail- port, and has in it 16,000 tons of some lands have been bought outed out. on December 10th, to aU the shareholders of record on the 10th able it is understood that the Iron ore not yet mined and an additional right. Where options were secured Blossom has a substantial sum in 6000 tons that were mined and toft it was believed by land owners that of that month. The Iron Blossom made a nice pro-- , the treasury, approximately 8140,-00- 0. in the workings as fills, all of the it was probably an enlargement of notwithstanding that the treasury fit during September and while the ore worth 886 a ton. This ore shoot the work of the TIntic Standard Minwas purchasing during that period averages five feet in width Mr. Ivers ing company, which has erected a under the Pittman act all silver metsays. It to the mines low grade." fine mill adjoining on lands to ths al offered. At the time operations were stopped south. ths announcement to In Cons. lower levels were being driven to made by Now The Philadelphia mint is working Being Mr. Rains himself that the ,84 hours a day, and is now turning open this vein at depth. These levels iron ores will be reduced on ths out about 600,008 silver dollars each will be extended at once. shores of Utah Lake. A new industry the mining of ing most of the fuller's earth that day. More Important to the work which It to a most splendid location with which mined. Is The deposit being Agitation seems to have died down fuller's earth has Just been launchcommence of sinking of winze all the natural features combined. ,wlll for the repeal of the repurchase ed in TIntic by F. A. Hebbard, who In being developed at the Dn from the lowest tunnel level on a The engineers have found through clause of the Pittman act B for some years was connected with gon mine in this district Is the best high grade ore body that has pro- months of observation the prevailpeople who are not familiar with the the geological department of one of not. only in the west but it equals duced much rich ore that averaged ing winds are Just right, which to a details are under the impression that the largo oil companies operating on that of Florida, in fact it has higher three to four ounces gold, 85 ounces big consideration in making iron the government is losing money in the Pacific Coast It is from the efficiency than the fuller's earth of silver and 86 per cent copper a ton and steel; but better than all is the buying silver at fl an ounce when Dragon Consolidated property that Florida or England. Most of the This winze Is reported to show a required supply of water. PittsJt has sold in the world markets this this product is to be taken and while deposits of this talc, found in our three foot vein of ore worth from burgh plants had to be near the year at a range between 68 to 78 Mr. Hebbard has been working on own country, are not being drawn 8180 to 8185 a ton, chiefly in gold. water, and Gary, Ind., was chosen cents. The government Is not los- the proposition for several months upon by the oil companies for the for the same reason, being near the the tale is of such poor ing any money, however, as the sil-,v-er it was only recently thatthis plaA reason that two of Lake Michigan. Utah shores retons or are three Raddats Interested In bullion derived from the dollars reached such a stage of maturity grade that aU these favored combines county to do the work done by one pas sold to Great Britain at 81.1 H that he could allow the publication quired with mountains of Urns, New Steel elements, Corporation of material." ton high grade I an ounce, the 1ft cents being esti- of the story. another essential, right by the proWhile the Pacific Coast oil dismated as paying cost of operation. When Interviewed this! week he tricts are the posed plant. of heaviest numpurchases a few Within the facpast There is another interesting days ... o stated that he had secured a In west a earth fullers the large ber of Items, pertaining to the new .FRANK D. KIMBALL BO tor covering cost not generally on the tato deposits at tbs Dragon known. When the dollars were melt- and that within a very shout time h amount of It Is being used in the 885,000,000 steel corporation to be RACK FROM EASTERN TRIP launched in Utah, have appeared la ed down Great Britain paid the ex- expects to be shipping in the neigh- Casper district in Wyoming. Hebbard visited Mr. TIntic first the daily press. The deal calls for Frank D. Kimball, well known isting price for the copper alloy in borhood of 600 tons of fuller's earth the dollars, while the United States each month. This output has been early la tha present year at which the merging of the Utah Coal k Coke banker, returned to Salt Lake late In recoining them is paying only the contracted for by one of the largest time he made a preliminary examin- Co., the Columbia Iron k Steel Co. last week after spending several of the Dragon tato deposits, of Pittsburg, Cal., and the Southern prevailing market price for copper. oil companies and it is barely pos- ation was Mr. Kimball east la the days This difference in itself is a sub- sible that a heavier tonnage will be subjecting the material to the usual California Steel Co. of Los Angeles. ill for a few months at ons of ths taste and be to of excellent It infinding Among the Utah people who are stantial item. went sent out after Mr. Hebbard has had He then caused samples of terested in the big concern are: W. Balt Lake hospitals and finally $10,000 Dividend Derived was cared of where Baltimore to he time to more fully develop the Dra- grade. the fuller's earth to be shipped to W. Armstrong, A. C. Ellis, Jr., E. J. BETTER SILVER MARKET. He one of his Illness and Is now well enough gon deposits of this material. the largest oil companies of By Eureka Hill tuning Go. Duncan McVlchto to devote his attention to business pays that fullers earth, with but Very the country, and Immediately receiv- Raddats, others. .The foreign origin silver market little preparation, is used In the He will likely visit Eurematters. ed assurance that It was not only Manager Jackson McChrystal, on holds steady and fairly strong. Far refining of mineral oils used for ka in ths near future, being presimost desirable a marketable but his return from Balt Lake early la- eastern exchange rates displayed toss lubricating purposes. The same maMrs. Harry Pitts returned horns dent of ths local bank. the present week, confirmed the re- stability. The technical strength of terial after more careful crushing product- The next step was secur- early in tha week aftsf an extended on a lease the then getdivi-ing deposit l the world silver market is shown In treatment is used in preparation of cent port of the payment af another An assessment of one-ha- lt visit at Salt Lake. Mr. Pitts to still Eureka Hill com the prevalence of even higher pre- edible oils and . Mr. Hebbard ex- ting a satisfactory freight rate. These in ths capital, being engaged in map has been levied on the stock of ths matters have been attended to and ppfuiy. Is capitalised miums on "spot" than on future de- pects to put up a crushing 'plant in work for the Chief Cons. Mining Co., Utah Bins Mining company In the the freight rate will be effective as these i And the amount of livery. hub he which this district if plans maps to be used in an adjust-me- nt Erickson District. N. A. Robertson soon can the make as railroads the 6h was declared at Both the Import and export trade formulated for the development of tax matters now pending in to secretary and B. F. Flelner is preof When the new tha meeting on ttatnroay was 81 P of China shows improvement At the talc deposits in the Dragon can formal publication. sident and manager of tha company. Washington. can Mr. Hebbard effective is rate share, or 810,000. Payment will be Shanghai silver stocks are the low- be carried oat. The cost of each a commence comshipping as the oil nude at once. This is the first divi- est in more than two years. plant will not be high and it would which he is doing busidend In more than a year and Coinage of silver dollars by the greatly Increase the value of the pany, to.with anxious to get as much of the ness, cease of the fact that the Kureka U. S. Mints in October amounted to product Will Steel tale as can be- - mined under existing Hill's stock is closely held we have 88.416.000, the combined total unis said to be worth conditions. An output of about 600 earth Fuller's no'record of the total amount which der the Pittman Act now being 7Sr from ISO to 886 per ton F. O. B. the tons monthly can be expected within Construction work will ba started to in position to furnish steel plate 171.000. this mine has paid. ears at Pacific Coast points, where a very short time. within ninety days time by the Utah the Truscon company will enter Salt In recent years the revenue of The U. 8. Government secured such large quantities o( it is used in men In all parts of the Mining to handle their Lake with a net at the oss, to price during 100,000 limited HU1 has been the Eureka oil The prepared or crush- country will be Interested In learn- Steel Corporation of the first units western trade.plant The Truscon Steal the week. This represents a total ed refining. to worth the royalty on ore shipped by 1 considerably ing that one of the TIntic mines to planned for the enlargement of the company, located at Youngstown, product and money received from the sale of 48.780,881 oss. this year under mors. ready for tha production of fuller's company's Midvale plant, according Ohio, to the largest steel building and clause Pittman the some repurchase of water, the company having is demand earth earth. Is it really surprising that to an announcement this , weak by products fabricator In the country. for fuller's The 1810. sines June 17, of the most valuable water rights In 78,688,888 oss, growing rapidly," says Mr. Hebbard. this district has such a variety of General Manager M. S. Rosenblatt A fabricating plant located in Salt oss. Is for 808,000,000 order Tbs this district In no other section of The first units to be added to the Lake to meet their needs will furIn 1880, the annual consumption resources. was perhaps under 80,000 tons. Last the west are so many minerals to be plant will be sheet mills, construo-- nish employment for 800 to 800 year more than 800,000 tons were found In commercial quantities. tlon of which will cost 8760,000. men. used. The material is not as plenti- While this to primarily a lead-silvThe Utah Steel Corporation will The sheet mills will make sheet steel ful as many people suppose. It is district our mines can be called upon and light plates. Other work to be; make it possible for a large number true that there are a number of de- for large -- quantities of copper and done at the same time to Join the of national manufacturing compan-she- et posits in this country but in most gold ore. We also have soma sine, to start western factories In Utah mills to the plant now operat-jie- s cases the material does not have the an almost unlimited supply of iron lag will probably bring the total for fabricating the sheet. While bleaching efficiency demanded by and considerable manganese. Truly, of the construction work togpecting tho companys Midvale plant the oil concerns which are purchas TIntic to n wonderful mineral section. be started to 81,000,000. Within recently B. L. Graves, western manninety days after this work to start- ager of the Ford Motor company. Indicated that company would locate ed construction of a Oontractor Now Buy On Washington Attorney Is , will commence, according to Mr. a body building plant here to supply Silver-LyimdShown Over Tho District Rosenblatt This will entail ths ex- all of their cars sold in the west Highway O penditure of an additional 81,600r tftal of over 100,000 cars a year. A large number of teams are now During his visit to TIntic this 000. Arthur G. McKee, head of the COFFER REACHES HIGH MARK; week Manager Hugh Trenholm of busy on the Silver. highway, which to to be surfaced the Knight mines was accompanied Cleveland, Ohio, company bearing RAPID IMPROVEMENT JUDE with gravel at a cost of about 8840 by Elisha B. Carrier, an assistant at- hto name, which to the largest steel O per mile. The contract- - was warded torney in the Interim Department plant designing company in the advanced On Wednesday eopper to. D. 8. Dorrlty, ofKanoah, and of the government at Washington, world, will design the new plant of a cent to 18 8 cents, early in the week, Jr hen a Reporter Mr. Carrier was given an opportun- Mr. McKee has Just notified the Utah representative jwsjy over the road, ity qf visiting a number of the local Steel Corporation officials that Im- the highest price quoted on tha red ths contractor ud a camp estab- mines and greatly enjoyed hto stay mediately after the American Iron metal for a considerable time. Comlished a short j distance from Silver in Tintie. In hto department at and Steql Institute, now in session In menting on the Improvement la the City and was nasy spreading gravel. Washington many matters pertain- New York, hs will come direct to price of the metal, W. O. Neale of The surfacing of the road will be ing to the patenting of mining Utah to check tha data already In W. G. Walkers weekly copper letcarried oat under the supervision of rfaiiM, leasing of oil and coat lands, hto possession. Mr. McKee and hto ter, says: "At present there are five years an engineer employed by Juab coun- end othfr matters of a similar na- associates hava assured officials of deferred demand. ty and members of ths board of ture are considered and while Mr. the Utah company that on. verifica- of accumulated county commissioners declare that Carriers trip to tho west to in the tion of the data regarding the coal New electrical and other projects for the work will be carried along as asters of a vacation it will doubt- and Iron deposits available for tho which rod metal will be needed have rapidly as possible and that when less put him la closer touch with Utah Steel Corporation he and hto been held in obeyance, awaiting a completed the road will be one of ths mineral resources of ths country. associates will purchase 8500,000 of stabilised European financial condio- the best In the entire state.' the companys stock which to now tion and a quickening In all Unas of .. , OPOHONGO ASSESSED. being sold to finance the plant en- business. "In view' of these facts It Is very Ths recent assessment on Opohon-g- o largement Supt. Charlie Baker of tbs' Eureka Mr. Rosenblatt has ths assurance likely that copper metal prioss win. stock to now delinquent and tha Hill Mining company returned on to around 18 and If Tuesday after a basiness trip to Salt sale day has boss set for ths Sind of tha Truscon Steel company offi- advance i Jn a short time." cials that immediately hto of this month. Be Reopened Soon k Gamp. ed Agitation for the repeal of the Pittman silver parchaae net la dying down tn the east, according to good authority. Coining of. silver bullion nt government mints is today exceeding the monthly purchases, which to date have totaled about 77,000,000 ounces of .the 708,000,000 ounces to be bought at 1 an ounce. Relative to this matter, the Wall Street Journal says that operations of United States mints os the coinage of silver dollars have been speeded up to a point where the treasury is consuming more metal than it is Coinage of silver dolpurchasing. lars melted under the Pittman act WM ltarted tost February, but at tha beginning the work was concen- trated at the' Philadelphia mint As this marked the first coinage of heavy silver pieces in 17 years it took' some time to get operations systematised so as to turn out a large number of pieces, and as a result silver bullion holdings of the treasury stsadlly mounted. In the last few months the coinage of dollars has shown a progressive increase, the silver bullion holdings dropped from 888,071,881 on August 8, to 841.118,881 on Oct 17, or by 818,868,000. This cut was made in about two and a half months Shore Ce-rmi- ic 'rT, te out Pay $25,000 lo December Iron Blossom . . timed Fullers Earth Dragon . . - - Utah Enlarge Its Plant Corporation . nearing the end er blast-furnac- s yl Clty-Lynnd- yl one-eigh- th - 8-- |