The Salt Lake tribune. [volume], December 29, 1907, Page 38, Image 38

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S SS THE SALT LAKE TRIBUNE, SUNDAY MORNING, DEGEMBKR' Z9, 1907. L
1 IN THE ME R CUR DISTRICT '
I When tho fnnious old dividend pnyer,
tlic Consolidated Mercur company', wn3
forced lo stop dividends sovcrnl inontli3
ago. tlic world thought, that tho noted
patient was near death, and thoso who
' rJry in obituaries wcro scraping
around tho statistical lablos to find ar
, gunicnl why tho Consolidatcil Morcur
1 1 ; company could not expect to survive its
1,, diseases. Tho last twelve months or
f' more havo been full of Iroublo for the
ij nroporty. Firca, labor difficulties, Bhort
i but sharp, n somewhat inadequate
e equipment for ever-rihing new condi-
;' tions, all combined io build a wnll over
which tho management lias brought its
j oroposition only by hard work and ap-
i . ,lied technical knowledge
l-Mres, labor troubles and tho trouble- i
i sonic but usual difficulties met with in j
ft ; mine, are capable of being solvod
. 'vcrywhere. But when it comes to a :
J . ighfc metallurgical problem, on which
V i ho very existouee of an organization
5! Jcpouds then brain work ami science
ft i ells. Tho Consolidated Mercur is for-
j innate in having plenty cf brains and
a practical cxpenonco behind it. Tls
V management is one of tho moBt capable
in tho world. During tho past fow
kI months it has stolvod Bonu ljnrd tasks.
F -nd in such a manner that everyone now
M i? realising that the old mino is capablo
many seasons of successful opcrn-
Jk One. of the most important itoms in
ft 1 007 history ns far as this mino was
a onccrncd was tho installation and ini-
'ij rial operation of tho new slimes plant.
W . Itt working on an ore that carries coh-
V iderably less than $5 per ton, it bo-
' iioovei; tho management to save ever'
Jv i)t 's worth of values. Vi several
til j's-ihoti.". !! Consolidated Mercur tail
ings have been running about $1 polo
lo tho ton, representing a present loss
of that amount. Tho now slimes plant
paves fiO cents per ton of thoso values,
rt is handling -100 tons per day, but its
logical capacitv has not boon reached
vet. At tho prcsont time the company
omployB 500 men, and before 1903 is
a part of tho history of tho State, tho
company will bo paying in dividends
once- more.
A. significant fenturo of tho year in
Mercur was a consolidation of several
mines, of which the lugot group was;
tho center. Tho coiniyinv" formed is
known ua tho United ' "Mercur Mines
company, and ono of its backers is .John i
Bern, president of tho Consolidated
Mercur. and manager of the May Day.
Undo Sam and the Lower Mammoth
mines of tho Tintic camp. Samuel
Nowhouso is another stockholder of
prominence in tho now Mercur organiza
tion. Tho newly gathered together
group has had a 'thorough overhauling
in every respect. Tho old workings
have been cleaned out and mado safe,
and a comnloto electrical equipment has
,boen installed. Work is now progress
ing to tho depths of tho group, and de
velopments can bo looked for at any
time. Tho camo talent is bringing tho
Consolidated Mercur company into
Bhapo mananging the United Mercur,
and no ono knows how to mino at. McrJ
cur better than they.
Tho noted old Sacramento properly,
tho star mercury producer of Utah, was
not nblo to maintain its divi
dend ns usual in .1007, need
ing tho money brought in by mcr
cuiy shipments to senrch in" new
ground for new oro bodies. This de
velopment work is progressing satis
factorily, and tho friends of tho Sacra
mento expect it to bo back in the divi
dond column noon.
I ;' - SCR ANTON MINE
L
j ; UTAH'S GREAT ZINO MINE. I
Ilx Doubtless few people are aware that j
H; ' one of the Nation s nest zinc producers j
B' is in Utah nevertheless, this is true,
If. and this distinction belongs to tho J
dI Scranton mino of North Tintic.
PL For over seven years the Scranton
I Mining & Smelting company havo con- I
If tinuously employed a force of between)
.' fwent' and fifty men on their property,
j The ground of the company consists of j
about twenty patented and several im-
1 patented claims situated about , five j
miles east of the Del Monte station on ,
tho San Pedro railroad. The patented J
ground covers about 6000 feet of tUt
mineral-bearing zone of that dLimct.
, There are ovor three miles o tunnels,
driftB and other workings. The mine
' is thoroughly equipped with engine,
ih compressor, air drills and hoists and has
a fine set of buildings for bunk house,
boarding-houso, assay office, carpenter's
shop, blacksmith shop, barns and ore
i The output of the Scranton mine from I
January 1, 1907, until the recent slump
I has boon over 1200 tons of ore per
f month, of which 3000 tons was zinc and j
j' tho balance lead ore. Tho zinc ore is i
I shipped to tho zinc smelters in the I
I j Kansas gas belt, but tho lead ores are
1; treated by the Utah smelters. In
1 the mine the lead and zinc ores
Djl aro separate. Tho lead ore3 have (
H very little if any zinc in them and i
I the zinc ores have no lead. What strikes
I one as the most notable thing about the
j mine is the vastness of tho deposits. As
vet, onl' the surface has been scratched
but the amount of ore exposed is verj'
large.
I The first four years of the compnny's
existence was a heavy tax on'the stock
holders, who were "constantly called
upon to make it possible for develop
ment to continue. To Mr. Theodore G.
Wolf of Scranton, Pa., the present head
of thp. company, is duo the credit for j
, tbfe success of the company, for it is to
' his great financial ability and assist- 1
ance that the mine was put on a self- '
supporting basis and is rapidly forging !
to tho front. This was accomplished j
under circumstances that would have
deterred a man less strong than Mr.
Wolf. The management of the prop- !
erty has been in tho hands of Mr. N. A. '
Dunyon for the past seven years and 1
to his abl,o management is due the great !
physical development of the Scranton
mine today. That success has crowned '
the efforts of these gentlemen is a
; source of great gratification to their t
! many friends. The officers of the com- j
! pany are: Theodore G. Wolf, president;
j Everett Warren, vice-president: If. A.'
Knapp, treasurer, all of Scranton, Pa.: i
1 N. A. Dunyon, managing director, and 1
W. 1J. Bramcl, secretary, of Salt Lake !
' City." ;
Enviable Record
Belli Made hy
lay Day.
Property Showing Up in
Great Shape.
i
Possibly more than any other property
the May D.y has bona tho feature of
mining in Tintic this year, and it con
tinues to be such. The property
chnngod control last April, and when
tho present, mnnagement took charge
j the property did not display many evi-
donees of its present physical perfec
tion. Superintendent Griggs hud a
theory Mint the main resources of tho
May Day would bo found to tho enst
of where activity had been confined
up to that, dalo, for he took special
painn to study the conditions from a
can ful survey of the Codivn and tho
Yankee workings. Ho hns sent several
crosscuts into this virgin territorv, and
not one has failed to show its breast
of magnificent ore.
"Ten slopes of oro in this now
ground is tho present record, nnd they
aro not mere faces of ore, but they
are bodies.. Take the Yankee slope,
for instance. Mr. Grrggs has sent the
drift along this May Hav body for 2R0
feet, and he has upraised in two places
30 to -10 feet. And there is not a sin
)c evidence yet that the ore is leaving.
Tho Jewel Po-stopc has hardly been
stoped a bit, tho management having
merely opened it. up, yet it has produced
a splendid lonnage to dale. Tho aver
ago value of tho drift Ihcre, the
breaut being carefully sampled each
day. in 79 ounces silver, I0 per eont
lead, iind $." gold to tho ton.
"Then from the -JUO-foot level the
company has opened up what appeared
to he an entirely new slope, but. devel
opment has disclosed the fact that it is
a continuation of one had in times gone
by. Merely a thin plate of lime sepa
rated tho old workiifgs from the new
ones. Tho same body has been found
on the 300-foot level, so we know it i
one of the large bodies so far disclosed
On the -100-foot level, also, is anotlu '
great stopo that is going into thc ol''
Uncle Sam ground, recently ncquiii-d
by tho May Day company. What i-;
known as the south stopo No. 1, on the
300-foot level, is showing up splendidly.
The body has boon drifted on so far
for 100 "feet, and ore is still in the
face."
Now all those fine ore shoots have
been opened up since, last April, and
all in entirely virgin ground, nnd the
real extent of no one of the now shoots
lias been determined as yet, althou h
the management has been working i.
the f-aine for months. During this ti:
the May Day has distributed the sum
of $52,000 in the form of dividends, no
counting the November dividend, which
lias been posted. Tn tho treasury and
in transit tho company has somewln r"
nea i $-10,000, and more oro in the mine
than tho management can secure mi'
road cars to bring to market. N"ow.
if this is not a record to be proud of.
it would be hard to find one.
SILVER SHIELD
MINING CO,
Persistency has been the watchword
with the Silver Shield Mining company
in its campaign of development for the
past j'car, a quality that is character
istic of its manager. Harr S. Joseph.
"In summing up the work of the year
recently, Mr. Joseph referred with a
great deal of satisfaction to the raise
being made from tho main tunnel to
tho ore bodies worked in the older por
tion of the mine and which had to be
abandoned on account of the great in
flow of water. Tho tunnel, aside from
furnishing a means of drainage, is also
tho main avenue through which these
ores will be brought to the surface in
the future. At this writing tho raise
has been made about 175 feet and it
will be necessary to go an equal dis
tance to make tlio connection with tho
upper levels of the property.
The coinnnuy has marketed consider
able ore this year, but right now
it is laboring under a handicap
on account; of the congested condition
of tho siuollor, a condition which tho
smoltcr malingers hope to gee relieved
soon. Tho property of tho compnn' is
dovolopcd to tho extent that amply .jus
tifies tho erection of a mill and the
management has taken slops in that
direction already, two iigs hnviug been
installod and operated". Water rights
were perfected tho past year in the
ollico of tho Slato Knginccr. Manager
Joseph estimates that more than lil, -000
tons of oro has been actually
blocked out and ready for extraction
upon completion of milling facilities.
The mino is splondidly equipped, Tn
fact, there aro few of tho smaller prop
erties in as good shapo to carry on a
campaign of development and of oro ox
traction. One of tho best electric haul
age systems in the caiu is installed
there and among the improvements
made during the year was the purchase
of twenty additional ore. cars, tlic erec
tion of now oro bins and the placing in
commission of a new air compressor
plant.
The estato of tho Silver Shiold. which
embraces about 22:"i acres, is a good
property and is rapidly getting into
shape to bo heard from' in a very sub
stantial way.
1 '
Tlic Equity Investment Co.,
I (Incorporated.)
Alex. A. Robertson, Mgr.
Succcanor to
j HOMER l ROBERTSON,
219 South Main St.
' JtEAL ESTATE. LOANS, INSUfl
I ANCE.
THE ?JqKEH j
It Tho year 1907 saw the distribution of
$22f),0ri0 in dividends by tho Daly-Judge
I Mining companv and added glory in
i Park City, the home of Utah's greatest
I mines and dividend-pnyers.
I Tho production of this proporty has
i ft boon over 10,000 tons per month, which
i. treated at the Eagle mill and tho
1 ft Salt. Lake smelters. The zinc ores ot
i ft the company play no small part in Iho
: J earnings of the company. Tho concen-
i ,' tratiug ores of the mine contain on an
average of eighteen to twenty ounces
! 'I! . silver, up to o3 per cent lead, C per
V cent zinc and .095 of an ounco of gold.
I $ The concentrates have a value of
over $40 per ton. Tho higher grade i ores
J contain up to twcney-lH'o ounces silver.
! U5 30 por cent load and up to 10 nor cent
j Sj zinc and about tho enme gold values
M ns the milling grade of ores, i
To do justice to tho workings and re-
li sources of this groat property is "-
I ficull task, as ono might spend days in
i fl inspecting tho workings and then still
sco very littlo of what tho management
hns to show. The impression one would ' iA
gain from obforvnlipn i thnt all tho v! M
workings are in ore. Tho companv in it IH
years ahead with its development work '
and keeps its exploratory work well in It I
advance of any production possible Ms- " s ' a
traction is being carried on from" thr, " 3
100. 1300, MOO and 1500-foot, lovols in H J
various portions of the workings. Tn U I
the western portion of the .1500-fnot & 1
level tho management in developing a vl - K
,bodv of high-grade galena ore whicfi is : 3
said to be comparatively free from zinc. 1
Tho equipment of tho property is re- ? 11
coiving tho attention of tho manago- tf
muni and improvements in all. depart- w '-: 1
liieiifo is the slogan. The following is -j ..3 1
tho official family of tho Daly-Judge: 11 ' n
Otto Hanke, president; Moy'lan S. Pox' ?5 ' '111
vice-president, and G. W. Lainbourne' & JS
.secretary-treasurer and general man- Vj SB
ager. The dividend of 7:1 ccnt3 per ,5 m
Hliaro distributed for 1907 was very . n W
gratifying to the company's slockliold- 3 m
ers and was the result of conservative ' x K '
management by its officers. w M
I $) ' " ( INGERSOLL-RAND CO. " , j I
I ' Agents A. S. CAMERON STEAM PUMP CO. y I j
. .. ( JNO. A. ROEBLING'S SONS CO. . J$ 6
I POWDER ROCK DRILLS BELTING FITTINGS 1 1
1 PIPE BOILERS HANGERS ROPE
i HOSE CAPS ENGINES PULLEYS I I
I SHAFTING VALVES FUSE PUMPS B I
I AIR COMPRESSORS -I 1
jf SATISFACTION OUR MOTTO h
j SALT LAKE CITY, UTAH Li
' ' fLmST IN THE BINGHAM ' CAMP " j
Substantial from tlic start, proved fbc immense Ficheess of the properties, aed las reached a stage of development
wMeli. may serve as ait example and a model to aSl fmtare mining companies. II
!Time is the greatest of all tests.
Time brings out the good and the bad.
Time will eventually do away with
both, and nothing remains. But while
there is good, time will have done its
share in tho scheme o the universe.
Antiquaries lovo time. If a thing is
old, hns stood tho toBt of time, it is
usually revered. And Biirely that
which stands tho test of time must
needs bo worthy must bo strong and
sturdy and enduring. All this by way
of saying that time has made tho "Utah
Consolidated Mining company one of
the greatest copper propositions in tho
Timu enters into the statement thnt
the Utah Consolidated is the oldest
cupper mfhe in Bingham, and time al
so figures in the statement that tho
Utah Consolidated has been successful
from tho start.
There aro 230 acres of land in Carr
Fork gulch, Bingham division of the
Went Mountain district, known as tho
Highland Boy croup, which have mado
the owners rich, pnul some of the larg
oat dividends over paid iu the country
in connection with similar proposi
lions, and brought lasting famo io tin
management.
Four years ago the Utah Consolidal
ed Mining company was organized un
dcr the laws of New Jersey with a cap
italization of $1,500,000. The organiza
tion was evolved out of tho Utah Con
Bolidated Gold Mines company, Ltd., i
British corporation which in turn sue
ceeded tho Sevier Gold Mines companv
Ltd.
Tho Utah Consolidated Mining com
pany is tho holding company for tin
Highland Boy Gold Mining company
which holds direct titlo lo tho Utal
properties. Lcsb than 20 per cent o
the capital stock is held in Great Bri
tain, and the Utah Consolidated i
purely an American enterprise, dis
covered by American energy und pluck
and managed and controlled by Amori
can brains and money.
Again that question of tirno come
forward, It takes Mino to organize ai
ontorpriso as gigantic as the Utah Con
solidated, it takes time to develop, i
takes timo to mako tho public believe
it takes timo to provo the wisdom am
tho worth of the investment.
And (ho Utah Consolidated has doni
all this, withstood time, trained th
- confidence of the public, proved the im-
0 menso richness of the property, and
reached a stage of development which
- 'may serve as an example and a model
- lo all future mining industries.
Probabl' uo other mino is so well
- known in Utah as that of tho Utah
i- Consolidated. Its fortuues have been
1 the fortunes of the people, it is looked
- upon almost as a State institution, and
', its affairs arc considered b' thousands
of persons almost as their own affairs.
From tho beginning, tho manner in
0 which tho business of the company wns
, done brought admiration. Those bo
il hind it were in earnest, they were de
f tormincd to win, they overcame ob-
- atncles that others less etiff-nccked
s might have shied at, and the..y made out
- of a holo in tho ground what if? consid
:, orod ono of tho finest-equipped mines
- in the world a money-maker and an
enterprise such as few communities can
s boast of.
a Sb: Distinct Oro Bodlea.
There aro six distinct oro bodioB in
t the Utah Con. The ores aro sulphides,
!, occurring in shoots running from 2 to
1 13 per cent copper, with averago values
of $2.i)0 and $3 in gold nnd Bilvcr to
i) tho ton.
Tho average ores carry about 30 per
' r
cent each in iron, silica and 6ulphur,
rendoring them sclf-lluxing. And in
this very fact lies part of tho remarkable-
success of the Utah .Consolidated.
Tho greatest mining experts in tho
world have said that, taking every
thing, into consideration, the cost of
Bmolting tho Utah Consolidated ores is
tho lowest known in tho United States,
and that may as well bo the world.
There 1b at Murray, seventeen miles
north of tho mine, a 000-ton smelter,
tho equal of any in the intermountain
country. Twenty calcincrs, three cal
cining furnaces and nine roverberatory
furnaces form part of tho apparatus,
Tho ores givo clean slags, and the plant
cxcollcnt results, turning out 90 per
cent blister copper. Plans arc; now un
dor consideration for the crcctio.ii of an
acid plant, which, when completed.,
will add considerably to tho enormous
income of the company.
Of tho six distinct oro bodies, throe
mnin oro shoots aro developed, tho
largest about 220 feet wide, and al
most 400 foot deep. Tho Highland Boy.
considered ono of tho most important
propositions in the mining industry, Is
opened by ono shaft of 000 feet. Ores
are extracted by means of tunnels, of
which there aro seven, the lowest, .700
feet below the crest of- tho mountain.
: All of tho tunnels are connected.
' Ore is milled down to the bottom tun
nel for removal. Tbo tunnels vary in
length from 1000 to 2500 foot. Ore ex
traction is by the top-slice caving sj's
tom. and square-set timbering is used.
T1h shoo.ts are somowhafc smaller, it
is said, in the lowor levels, but carry
exceptionally ood values, nnd are
likoly to continue- workable to g-rcat
depth. Two years ago there were
twelve miles of underground workings.
Since then thoso have ooen greatly ex
tended, until under the surface tho
Utah Consolidated is similar lo (ho j
great mines of tho Lake Superior dis- i
trict,
Long- ago the Utah Consolidated was
ropulcd to bo a gold mine, and wns
worked ns such to good advantage. In
thoso days a cyauido plant was in uso
for treating the gold ore. Copper im
monso deposits of it wore revealed,
and gold mining wns partiall' aban- '
doned for tho extraction of copper ore.
"When the mill was constructed, tbo
company, then known as tho Ilighlnnd
Boy Gold Mining company, was undor
tho direction of Samuel Ncwhoiiso and
Thomas "Weir. In the vcars that fol
lowed, tho company changed handa
...
and the nature of its mining, to whal
advantage tho world already knows.
Never before in the history of miU'
ing in tho West was there such excite
monfc as when the great strike was
mado in the northern ond of the prop
erty. Tho slock of the company mado
a bip lump upward, and stockholders
wore hugging themselves with ioy
Their ,ioy hns continued undiminished
ever since. Their hopes havo been
realized.
Tho new strike was called the largest
and richest, body of ore exposed in this
wonderfully rich mine. Tho new ore
body was found in exploratory drifts
in what is known as ''Fault Thirteen
and Ono-Ilalf," some 2000 feet west
of the main oro body. Tho ore carries
from 8 to 0 per cent copper, about
in g,old and tho same amount in sil
ver. fn a stratum of limcstono 2000 feet
long and SJOO foot wide, the operations
of tho Utah Consolidated havo been
confined. A nnrrow dyku of porphyry
cuts tho stratum longthwiso. Before tho
last great striko, tho company claimod
1,000,000 tons of oro in sight, which
figure has since been sustainod by
mininp expcrls.
It is tho on S3' cost of production
- . which has made the Utah Consolidated
one of tho richest proposiuons or l
kind in tho world. Closo calcu aiioas 3
j havo brought tho cost down as low" a .!
; I 5 cents, and with copper w,lita v .11
example. 20 cents a pound, " ". J 51
s readily be seen where and how tbo inn j
lions were made. ninany. v
. Tho last statement of the 1
I issued the beginning . of " t
. showed surplus of .W- bc0 - ..J
Utah Consolidated has alwy
, looked upon as a dividend-paver, ai j j
i this year, it is claimed, wi" ul ,
wider the eyes of the m
Those .in position lo kno. cstim
thnt the profits this year w" -TflJ
to $1,500 000. and this after mceu p j
dividend 'requirements and pei f m
Perhaps no other conipanj jus
hind it such enormous pojcj
wealth as tho Utah Consol idaicu. a m
ban II. Broughton of J01 ot J
is presidont; Adolph J0o;s th U
the greatest popper fi"crcrcsi- i
worldlias over known, first PJ
dent; T. L. Hermann, v ami d
dentj F. P. Addicks, woptno, j
treasurer: J. B. Kisqu e. c N j
ager. James PhiHins, Jr., aa fl. fl
JCing are. also members of mo ;
torate. i