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Show YAMPA NEW ERA FOR THE SCRANTON TINTIC CAMP) MINING AND Epoch-Making Discoveries Are MINE AND AUGUST 8, 1909. SMELTER. Copper Utah Company SMELTING C0. Made in Old Mines of District. Large _, | ISe i Much, Grand of the Finding body, ore great Eureka's nia} shipping ore on foot level of the May zone in which the ore supposed been viously the 500-foot level. Finding new ore in in Uncle entirely ney great exten Opening ore tn tic district. These are developments what Is patented. 4" |} strated Of] of Has Eureka, and from Development] east be that Utah pas ore which) an entirely|/ failed most has somo is demon- | length. All Mm&l-| have for Nor has this all meager, bodies have 2.500 feet inasbeen of their this property have as Company ts a. copper the. wonder of orld. te who cerned, that at some ancient ig geological shown by the condition of the tions and bandings. Alongside undulaof these | ore bedding |} by slowing of progress. down I belleve jUncle Sam, Sioux, rove that the sources hitherto Colorado old mines almost of the] that the/ fissures of the and in limestone the are found ment of,|the work of what Tiernan was then property, as auinod for tions, and Wherever dolomitic bonaceous bodies if fracture planes 1A" "N precisely ork has vear. work ooo Big Mines. nature makes been silently grade ore no decided to spend mistatkes. | veloped This TONS DAILY CAPACITY, sheet as has going have on for been thousands Pere negotiations: for ~ os rocker S oer 2,800 will acres tons of carbonates ready pression must not to be all great ig In o high-grade for lead for ore that HIKING Bi WINES ie IN BEAVER COUNTY prospects contain sey-|*topins: For the past two years the been | ™!ne has been shippjng, on the average, have Largely Old ducer se rapdors G. Wolf, Pro-| i ra treasurer; City Still Showering and Wealth | secretary: W. H. on c H. cM eMtiiian, vice* at Clermont the lower levels of grade ecnerte: ore Great from | Shaft Nev., Aug. body in a on the sp Naw|A "6 000,Co & $4,059,500. 7 Sink ryns $5,118,000 $5,118,000 176.000 2,959,000 2,964,000 37,402 160,070 125,828 md 11,912 fnd. sees) & ee ewa 1 - Ay eae ese 342,698 262,094 traes'} wesveeee 1,230,897 2.059.500 3,059,50¢ 918.0 918,000 993 1,923 59 98 588,261 13,140,284 26,813 10,094,037 from sale of stock Bal , the items having | "°F? fror oper e« | oa Fen Y net Total, 47,991 = aif ou 422,216 918,00 918,000 The total gross dott (ion of copper for the six-months pe riod e ponte December 31, 1907, amounted to 13,022,080 pounds, and for the year 1908 amounted to 43,873,918 pounds In six-months pe riods the mt 3 (a tion Is 7s _ ec July 1 to Dec. 31, 1907. 23 Jan. 1 to June 30, 1908 35 July 1 to Dee. 31, 1908 42 | Be -| Mason of UTAH COPPER SHOWS aiand Nevada Ores Run to Rear. Is SDE. in prope rtles and | to. $149,569, that plant nent also Western! Beaver county that: they merge sted at Valley leases in iye ars," Incregie. | the net pounds of copper resulting account| #!ter smelter deductions and all alloy a nn il | ences were provided: £07, 57 ving all expenses o transportation, refining and disposition of the metal. charged the arnount. ur a r ite m of CopThe items appearing in the balance perton plant, together with some fur ~| sheet giving value oF copper on han er cf ‘nts, amountir ire based upo n theue rl ee of 2° cents ‘ rae 13.2 BIG RESERVES OF VERINGTUN MINES ac tive ae Account The increas in props rt over that hown inn 16 lat statement of Into' property is now nip roye! nents charged into accour ‘S| complete Perma-! at the mine were | property account. per pound for the metal his was aye rage price actually received ¢ op De r abla durtue the seal The average total cost per aj= Sa f | in tic ations of breaking into {ft on the} 500 lev el "The ape x of this ore body was also cut on the 200- foot level. J will as-| jsume for exanipie that this body is 100/] m eeBeE long by 200 feet deep, and allow) ne uts Wa oe nd "Retin Im- at a _Company of Clermont Goldfield the ye- | Consolidated Mines company, is. refarded here as a discovery that adds greatly to the possibilities of the camp, wineerin as it Is taken as proof that the veins Unnder Nate ofmbera 1, General Man-jof the camp carry values to great er Erne mcs compan erger waso th Daly > - West Mining Navingothe wes Phe new strike Is developing "yegular aoaetee le repo mailed to well, the average values thus far ex- | oe In full, tie report Is as cae $30 a ton. Within a short time. fol similarly good results are expected ee ‘theS Boa rd of oe of the Daly | from Meveltrsuthit work on the 60 and West Mining ¢ Com 1,000-foot levels from the Clermont with 's shaft. report of the operaatio of your co That the ore encountered at the 720Rany for - the months ay PAgEIL ara antl foot level Is the downward extension °o now w beCash leved to be certain, This being the Mar. 31, et Cain a case, there seems to be SYPEY FEnnon qo Recetnts. to expect that the othe Ofe salcs- Paper. oe soORCM paves aeratin will at great ¢ ey oe ore, $ 74,336.36 Little has been said renbatis regardeenteet 69,001.66 ing the Hampton stope, on the ComMircslin eons be 5 : bination vein. and as a consequence the 2418 perue has almost lost track of this Sisley 2 reat bonanza. a °o he extent ---------~ $460,386.80 has begun to ‘wonder SB Ss petere Disbursements. Since the onualinntad manageGeneral - Daly made determined to cut down the West ......... $112,263.5 monthly nirodi ction and devote more Drei tunnel ‘deattention to the milling of the lowvelopment .... 28,781.23 grade ores than had been the policy in the past, practically no ore e pt $141,044.82 the very low grade has been produced Dividend No. 47, 54,000.00 from the Hampton stope, because any Tge amount of ore from oe would $195,044, 82 | Un the mill headings up figure Gashlon land ' : which ue renee a sent Aeneas to kee June 30, 1909 ............ 266,341.98 | *W8y fro $460,086, - so DividendNo, 47 of 30 cents per share, amounting to 3 24,000, was paid April 10 last. During the ‘quarter, divident Pe to OE ot $54 30 cents per share, was declared, but able until July cash statement. 15, so does amounting {s not pay- not show in| ne raise under the shaft {4 up 2524 feet and fair progress 1s being mad The depth of the shaft is 22 fo2 bas iow the 1,700 station, leaving 125 feet 9 connect. A station has been cut at the 1,700 oe and the crosscut to the ee Bg it et. vane r+ evel Sinking eh » ately. necesaity bu has was mie re been mee High-Grade Streak Untouched, high-grade streak has not a feet main ore long, seven being and in be with in wide. Sect left euee ve shoot, feet Lal gay ; place ti Development | os the the None until to and stopes are that o such draw bet- but is atime upon as this favorable Oohe racter, incup.reasing amount romof A advanced | with a constantly being proved the 600 level 18 going down grade of ore of large , extent theground advanced result nelghbodhood oe eS tie or some time, desired discontinued | ore cut and cross-| resumed imme-| n to heavy ofwing retimbering. re- ntly been touched, but a large mount of development been doneof to prove the extent and has persistency of producing in a roc and drift the 7 made in the crosgcut to the vein on the drain eee leval been slow. This There j crosscut has been advanced a total of |the south drift i ae feet aan point where crosscut tolthe Red Top aft = eee ed. { ng the fu ae are the past the y go pros > stockholders of the ly West ee exees | fe cuennia cone pened. pec a ‘ en rot . 2 and oenerienced hands and the proper-|of ore beady chee 27 a are being ty will t o aarsvoped along modern and |treated by the Gonsolidated and Com- conservative 1 nes binatlon mills each of = ten cubile feet to the ton, which is imple and the result is 400,000 tons Of ore, showing elghty pounds of copper to the ton, and at 12 cents per pound for copper. the gross value of this deposit would he $3,840,000." opening depth the of the the for all period, pound Si rface a shts for dumping purposes rights of way for railroads were pur-| at hiaaea during the year at a cost o other expenses, during the period was $54,1 3 but this account has been) §.85 cents, based on the net copper recs argzed into pe iid expense account. sulting after deducting smelter allowet iconic from operation o ances, the profit per pound to ms ee Garand and Copperton } up the arnings shown being PSU os a ree niet SR aol «$1,802,617| cents Ee redial from shipments Bratt Coppe success 4 eee other aan concencine pa c pper compa Is du Sil OM ae eae's be At the ae of. the Rents received aeace TChatt Bue eas MacNeill Sundry income... 5 ---__ r bee the president of tho Total... ae mecsetece cH, GOa,TLT| United States Reduction and Refining Deduction owever, to Daniel C. Jacks: | Dividends Nos. 1 and president, general manager, | 2 patd : 5 $696,387 jand chairman of the executive com40,755 De is due the greatest credit, for his has been the task of working out t 4,055 the knotty problems that have risen Debit difference from time to time Other directions settleme te }of the company are: John Hays Hame period. ... 87,639 mond, 8. W. Eccles, Kenneth K. 3} ary ailLaren, J. Dawson Hawkins, Charles pense Hayden, W = Thompson and Spencer cany 369 |-Penrose, al whom are widely ere for ye 1,001: 348 | known in ‘the tie world High- 8.-The of. pay ore drift from property ST ohn eae 16,682 re e pall sa stock Due diepost. $551,678 the balance 7,259,500 pay pas Withheld. x Goldfield, satisfactory, | of a big with what|780 feet, da in extracting Strike 0of portance-Hampton Sain car directors. There was for a time when the comwas Soren, ex cismaery on account of having to confine its e hampered : d Cormick, ‘treasurer, with ¥ Dickson, bee camps yh pcb > - and while the results were they are nothing to cpak the c any could z 1ost va pe a ees shipping grade; Bp. Gn0,000.08 gies to the upnaee levels of the a bulla paid in dividends the seoms no to the wealth of igh property. mee Manhagement of the property Re a phe hands of Mr. Eeneat Bamberge Maas manager, who is ably Sabian by tandent. ; The eer and directors of resident. mining many permanent Ut ore for the ar Copper ec Bramel,] m aan of cae a record w hich production. umed Cactus pany terihe 1 : Ser from mine has ms Upon Its Owners. With Production Ir n LOW COST PRODUCTION The afford president: Henry A,| Newton A. Dunyon,]| aging-director, Increased From Southern Camps shipped aca several big companies hada about 1,400 tons of ore per month, had thelr experts examining the forma-|all of which. has pase broken by the ENTETL ore deposits evelopment work that was being done. "The time is fae. "far Ciaten hs when. fol phe prenent time Rae limit of these Tintic will énlarge her borde nd odies has not been determined: all prove to the world she has hundreds of. rhe drifts crOManote: winze raise of millions locked in her treasure house | and clines are stl progressing, with for man, he will do and dare and|no end In sight. The ambition of Manpersist." ager Dunyon is to prospect all of the ore channels at a greater depth than heretofore, and thus develop the ore | bodies at a greater depth. Since Mr.| Dunyon has had the management of e ay this property aoe number my improveHoa have bee made, mong them an RUtommte Seanitee bin at the} Delneo snte switch, and et 2uS houses | es os lichen ldings at the min e official ffamily of the company is osed of the following gentlemen: Faithful iI be Property zinc There are large bodies of blocked out and ready lead mine, and 12,622,813 10,0 10,094,037 i-Excess through conversio | = o $1,324,000 par value Totals....... 56,895,998 100 new bond issue into 66,| The average price ‘appls ing to sales 200 shares of stock :..... 662,000! of copper for er 6 period wa -__-_-_---| 12.2 cents The aveiaae oost per pound Total surplus account. .$3,059,500| was 8.85 cents, this belng based upon °Pened break. The imhad that zine Is are of this th en in pai 12,140,284 bds Fe t Syn con Accts Bill par he sale of 60,000 | ut ; $ 900.000} -Cor r 1 of $36.( : | bonds 1,800 shares of | stock at $20 a share | through the oper ition of | sinking fund, the excess | on $10 per share over par | equaling Fs 18 noo | 3-Conversion of 2,959 bonds. 1,479,500 |} con- here bodies prospect the |"9° zinc. have been lo-|reserves cated hy is mining men eral carloads of rich ore of there ; 23,081 | na yrousl]s ‘ § 1--Exci a fortune development 2 i /{f need be in the development of the ground, and after a year's careful work new ore bodles were discovered and de- of feet of development prosecuted and great] bodies hu ndreds of ground. Over * the company developed are has | tion The for manager-dl- in that region is found the|tinued steadily, and the results have limestone and the black car-| more than justified the confidence placed limestone will be found ore]). the company in Mr. Dunyon's judg-| someone 1 but seek ne the caves and the bedded |™ment For the last three years Mr beac they occur. Dunyon has been engaged In blocking shen, where the formation is|out the ore reserves, and there are like that of Godiva mountain, | ¢), : : Hundreds has ‘been low More only in Bast Tintic, but in North ah Northwest Tintie will more Bh eS) pan ho nana There tially while results which have been obtained|rector of the Scranton Mining and -in East ntle Development, Eureka} smeljting company. At that time there Lily, Tintic Standard, Iron King, Monae REN ATATTmanenida eOnai Ce. Gait tana and others on the east sido belt s give promise of Just as great mines beafter Mr. Dunyon made an examination ing opened over there as any in the|he reported the property worth develolder portion of the camp. oping. Having every confidence in him. "Not Tintic work the| known 140,000 95,586 3 17,157 i 425,589 Total, Ils ously development large ore bodies of the mine, } About elght years ago Manager A. yn, Dunyon took charge of the develop- and May have re- undreamed bearing pj, ,65 wave of evelopCentral,| abe 8028 ‘had poriods of prosperity and of de-| pression, periods of rapid advancement} followed 140,900 334,320 5,244 d.. 0 the new has perfog water courses traveled alony these fissures and deposited their minerajls, That the flow was upward Is wheels June3 1907. 18,255 : Tintic," said a veteran mining expert! who has spent many years studying the] formation of that region, ‘the camp has} upward swell of the greatest prosperity it has ever ad. ments like those in Grand Dec. 31, 1907. 140,000 117,623 res c capacity > st IN} : Dec, 31, 1908 cS agreed 30 discovered previous gw' waid cris os One as Assets 7) velous lead-silver mining district 1M) that the ore was deposited In the varithe country-Tintic, which is producing | ous ore bearing fissures by hot alkaline were - cowed A euthorsed | Garfield ore at the rate of 200 carloads a week.| solutions rising through these fissures or about $6,000,000 n year-and thes¢/from great depths. The ore channels ‘developments prove that Its era of pro-/| found tn these fissures demonstrate, as duction has only fairly begu far as theoretical perfection {is con- ""Bver since mines fast4 Balance pro- | VOAQrS re | ores Geology of Ore Bodies. of the various mining men visited Copper rank das t {s so con it can he enlargwed continu the de|}mands of ore pr yd 1etion Last ear | Cost of 71 per cent of the mill was. in opera-| Prop. Ac tion The following taken from the! Imp'vy'ts tock ex- | Ure sts ute ment insight into Ontside in cost : thorized Accts rac of the best] to determine. .xnjoration been at much as these ore side of Tin-|yprospected the has are which of property Utah front Total Production of 56,895,998 Pounds of Copper. er, Its earning last year being close Total net earnings Dec. to $2,000,000.00. No property Is so well 11, 1908 $1,665,010 known in the State of Utah as this one, eisai Sheets Compared. }and it {s looked upon almost as a state The general balance sheet as of Deinatitutior 1s it fortunes have been | cember 1, 1908, compares s with that of the fortune of December 31,1907, and une 30, 1907, The mill of t Garfield | as follows The estate of the of a group of about most This a The itaking the zine yains In the country, the extent| of which exploration up to this timo} some of the momentous of tho last six months In to of claims, thirty the apparently Tintic the proving north Tintic ore zone. oompany consists Consoll-| territory body on Hundreds Feet in Width. 1,000-/mijes feet below ore body body of rich bringing In of ore zone the Sioux Sam East an immense forctells the and Day mine-in ®]/ geological indications both above and bodies had pre-|pelow the surface expert mining men great the {as In it that decided have at to terminate dated and Colorado fifty famous Colorado bedded Opening Low Cosi of Production One of Startling Features Which Mile Oné Utah boasts of one of the nation's best zinc producers, and this mine Is owned by the Scranton Mining and oe offices whicas company, Central | Smelting Centen- | located in Salt Lake City. The mine as twelve district, Tintic in the situated / -_-- new Length Zone on East Side and| Extensions North Prom- in Encountering ground the extension Producer, Bodies gre 7 New Zine Ranks With the Best, Hasin GROUND| NEW IN BRINGING also wh -~ THE INTER-MOUNTAIN REPUBLICAN, SALT LAKE CITY, UTAH, SUNDAY, 4 ice oe the special i. stare 3 2 the feet. A Huntington & nd euch 3 eons | builai &, 60x} & coutains ces, Dain sme Iter" tales 60° £ ng, , 805 feet wide Thhree reve heratary furn- | been installed } _ aie 4 Barieay. Smelting ond He fin- | ihe ‘in m day. McDougal) roaster eet n extent. and pans. is. owne: eres they ost not able the wen-|other being the te renee -mine -owners nited States Another special feature of the plant! emelter operators. of the U today = Guegenhein git do f much i¢ developme at of Utah, an will continue to add to their tan, and . ‘ as the country con"5 to develop. The interésts oft r oncern are repre da Char i Th "y y ce ae x a 1¢ al 7 Vaan ‘tng eens? smeltey r at Garfield well as of ‘the a vast: interests of the Guggen- heims in. Utah. iar, Whitley | a c tical business man, ; familar Y cewitht Sete | de tail of mining and smeltin mavery |
