| Show STRONG INDORSEMENT OF UTAH CON GUN MINE j Such Is Favorable Contract Made With New Company I MAY USE FINK PROCESS 1 Has Been Carried to Point Point I Where It Must Be Considered 1 Pt tho the new smelting ng interests in interests interests in- in to purchase at cost tho smelter smelter ter toy site and land options which Utah Consolidated had acquired at Too lo and to build a 4 plant with Utah Consolidated ores tho the basis of or It its operations Is a strong Indor Indorsement orthe or ot the and permanency of tho the mine says George L. L Walker Waller in the Boston Commercial V gentleman who ho has hae recently boon been through tho thin mine writes mo me that there thero Is 18 more moro oro In sight now than at nt any previous time In tho the history of ot the property and anti that the tue deep developments Cie are aro Tory very tory Of Ot course Utah Consolidated Increase its Us divi dividend cannot be bo expected to dond payments materially while whilo tho the present smelting contract Is In force In I except as na a result rosult of ot tho the advance tho price of or copper cOPIer This contract e ex expires ex- ex pires pire April 10 of next year however I and that dato Utah Consolidated will receive pay for tor Its oro ore regularly from the now smelter whether It II IP is ready to receive e and treat tho the ores oroa or 01 not Tho International Smelting Re- Re Refining fining company made a 11 contract ct to smelt Utah Consolidated atod ores at a n. prIce prien which would woul yield tim tho company 67 cents more mOlO per por ton than the It is receiving reedy reedy- ing under Its contract with tho the Garfield Gar Gar- field Held smelter and also agreed to allow It to Increase Its production GO CO per ver cont to 1200 tons of or ore dally daily In addition addition addition ad ad- to tho advantage o of a lower smelting rate Utah Consolidated can turn Its Us tramway In a new direction and extend It so that Its ores will bo be direct from tho the mine to the and a n railroad smelter save freight charge chargo of or 10 a ton Alto Altogether Utah Consolidated will get per peron ton on more for Its ore oro than It Is ing ng under Its present contract and this will amount on Its present tonnage to o 1 per share annu annually lly in additional lI to tho company's ers this benefit not depending on the price of copper May izil 1 It will b be he surprising I If it the new smelting melting company compan does not Investigate the he Fink smelting process before completinG com com- tho plans for tor Its plant In Pine canyon The Fink process has been carried to a point whore where It must bo be reckoned with as a n. factor In future smelting operations tho the turning out of f blister copper In a n mattor matter of ot an hour our or two after aCtor concentrates are aro shoveled sho Into tho the furnace with what ma may lay be bo called an Improved ed plant Is a feat eat that Is not to be Ignored The rho sudden sulden calling of ot Mr Ir Fink to New ew ew York b by Mr mo may be bc betaken betaken taken as an Indication that lal large e Eastern East East- em ern rn Interests have begun to talio tako no- no tice Ice Oro Oriol Orent nt ot Samplers Sampler Ore receipts by carloads reported r by hi tho the samplers s Taylor r. r Brunton Brunton Utah l S Nevada 4 Pioneer I Utah Utah 2 Nevada 1 t San SaLt Quotation James Jsmes A. A Pollock Co bankers and brokers rokers 6 I West Second South street t. t furnish tho the following received over their private wire I 1 0 Mexican i 1 I Gould and Curry Curty 22 J 23 23 Con a 98 09 Savage 1 43 43 44 Hale and Norcross 4 42 13 Yellow Jacket n Beicher pr 47 41 4 S Confidence e 1371 Sierra Nevada lo 41 10 1 Exchequer 19 19 Union Gl 61 G 62 2 24 1 Potosi 28 I 9 9 TONOPAH I Bid BIrt I ked Nevada evada 30 fiO Montana Tonopah Sri Tonopah Extension j 18 4 Midway 24 4 I Tonopah Belmont elmont J 91 ah North orth star 1 03 03 1 04 ept End Con 3 Rescue 03 04 Jim Cash llo Boy 01 oi Mountain Lake at I Nevada Hills at U. U Pr Prince Con 1000 at 1700 at nt Sl Si Con at 10 00 at 1 1275 seller 60 GO days lIas Tintic Central Centra 1000 at lOc bc 1 1 1500 OO 00 at lOc 6 60 0 at lie 1000 at liao bu buyer er 60 da daw dats Tintie Comb OOM at 5 c. c Uncle Sam Sani t HI c. c Shares sold Selling value OPE OPE BOARD Beck ll Tunnel l. l at at SOc SOo Black Jack 00 at nt Columbus ColumLus Con 00 ut at 1 ll it Colorado at 2 n at 05 buyer buer 60 o da day 1 15 U. Tin Dov Dey SOO at 1 l c oJ 1500 at I I 5 at U c. c Grand d Central at nt Indian Queen at Iron Blossom 1000 at 2 24 too 00 at t t GOOr itt seller GO Ct flays days 2800 at 4 Sioux Con at t I O roo 00 at SI l So Col tn n OO a a Tintie Central 2000 O i at nt lie 51 I at 11 c at nt l c buyer 60 days I at at 12 r buyer buor 6 60 GO days Uncle Sam at GOO 00 OO at GO o I buyer GO 60 lays days Shares sold ole Soiling Selling value 75 The In tH way down on un uncalled for Cor suit T tho the Tailor 67 W. W Second South I- I IA A 1 k L. L A A I 4 k |
