Salt Lake Herald-Republican | 1911-11-26 | Page 9 | Ohio Copper Company

OHIO COPPER COMPANY One of the great industries of Utah is the Ohio Copper company compan which has its headquarters at 80 Newhouse building build build- ing InS this ell city This company i Is one of ot the time largest producers In this section of the country The Thc president Is Stanley Gifford while Fred Frell Eckstein Is IR secretary secre secre- tar tary and treasurer and antI Alfred Frank Is la general manager Since tho the Incorporation incorporation incorporation of the company compan Its ItH history has haa been one of phenomenal success Tho The Incorporation took place lace In ln August 1907 1 07 capitalization J the le capitalization bein being There Thero are aro 1 l. l 1500 J 00 dOD 00 O har shares e S at 10 lU a share par The Ohio Copper co company owns fifteen of the tho richest richest patented claims In the tho state with an area area of or about acres of mineral lands The company compan also owns own about 1400 1 OO acres of miscellaneous lands Including mill sites etc The property adjoins the Utah Copper and Boston BOiton Consolidated companies In addition to the rich copper copper cop cop- per beds now bein being tapped by this comp company n It owns an almost InexhaustIble ible supply of copper that has practically practical practical- ly Iy been untouched and that will make the company one of the bl big bib producers producer for tor many years cars to come At Al the pr present time the production of the tho Ohio Copper company compan amounts to about pounds of ot copper annually The mine equipment Includes three compartment shafts connecting with the Mascotto tunnel on the foot 1100 level an electric electric elec elec- railway to the mill three and a half hatt miles lon long three electrically driven en compressors electric hoist hol t. t also cars car motors etc The mill mm which IB 18 not yet completed represents an investment In Investment Investment In- In vestment of and Is at this time treating 1700 tons daily It will eventually have a capacity of tons tonsa a tIa day clay As an industrial factor In this state the Ohio Copper company Is im Im- Im It employs employ men and this payroll reverts again to tho the channels of trade With a well-defined well Improvement Improvement im improvement Im- Im provement in the metal market and particularly in the copper market at hand there is every ery indication that the coming months will see a a. complete re recovery recovery re- re covery coven and that copper again will be bean bean bean an Important part of the necessary equipment for all lines of manufacturing ing In thus bringing a demand that will equal the high levels level attained before the depression of 1907 The Ohio Copper Copper Copper Cop Cop- per company Is one of ot the companies that are prepared to take care of this dem demand nd The company compan Is on a firm basis suited to the demands demandy of ot pro progress ress in so far as Its present developed developed property is concerned and It has an unlimited area of copper ore awaiting future requirements