The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-09-25

group in the Camp Floyd district. &C
companied by his private secretary, H.
A. Cohen, formerly superintendent OF
the mills on the Monitor and Jim Crow
group, arrived from New York yester-
day afternoon and made the Knuts-
ford his headquarters. 1t is the cap
tain's intention to remain in this city
for several days and then he will go
out to Mercur and later down to his
Nevada properties, which are now OPP
Grating with such splendid success.
Even this success did not satisfy the
gentleman, however, and he is increas-
ing the plant so that it will take care
OF between $50 and 200 tons Of ore every
twenty-four hours. He is also spending
in the neighborhood of $4,000 in MAX
ing an extension of the water system
so that the supply Of water may be
absolutely assured in the future. In
stead of trusting to springs the cap
tain has decided to go over into the
Meadow Valley Wash and there secure
the underf1ow, forcing it by means of
heavy pumping plant over the high
divide between the Wash and Della
mar. 1t is anticipated that by the date
of the captains visit to DeLamar, both
the water system and the mill addi-
ton will be completed and ready for
full operation.
y
in the experiments being made on the
ores of the Golden Gate in the search
for the proper method of treatment
and the announcement made by The
Herald the other day that tests of the
ores were being made in Denver with
a new cyanide-electrical process,
stirred up the operators in the Camp
Floyd district not a little. When ques-
toned regarding these tests the cap
tain stated that to date they had been
very successful and if the subsequent
experiments proved equally so it was
not improbable that he would put in
plant and make use Of the process. Of
course, the patentees and owners of the
process would have to first demon
strate that it was cheaper than
another method which he had found
would take care of the values in the
ores. This latter contemplates the
roasting of the ores prior to their treat
ment with cyanide. BY means of the
roasting, the weight of the ores is re-
duced about one-half, so that two tons
with their entire values can be put
into one at a total cost of about 80
cents. The decrease in weight and the
increase in values makes the roasting
a very desirable attribute to the meth
Cd of treatment While in Denver Mr..
Cohen experimental personally with
the cyanide-electrical process and found
that the principles involved are cor
rect ones and that the values in the
Golden Gate ores can be taken care of,
when small quantities at least are put
through 1t is now to be demonstra-
ted that such will be the case where
a heavy tonnage is treated. The base
metals in the ore are extracted by
means of chemicals that do not inter
po,. Il I'll I,
these last named metals are dissolved
by means of cyanide and precipitated
with electricity. Captain DeLamar
states that the presence of base metals
in the Mercur ores does not worry him
in the least-in fact, he is rather glad
they are there. He has demonstrated
his ability to take care of the values
with number of processes and when
once the desirable one is selected, it is
his intention to carry on operations on
an extensive scale. The reports re-
ceived by him from his several prop
critics yesterday were of a very salts
ing smoothly. Mr.. Robinson will prob
ably accompany the captain down to
DeLamar.
Having just returned from the very
storm centers of financial activity in the
United States and Europe and being
in close touch with the bankers and
financial managers of not only this
country, but those of the powers across
the Atlantic, the captain is filled with
the latest information on the monetary
and general financial conditions of the
world. He does not take a very rosy
view of the immediate future of the
white metal, but is of the opinion that
nothing will be done for silver until
the world is forced, by examples even
more terrible than those which may
now be seen, to realize the condition
into which the people of both the Uni
ted States and Europe are being driven
by the continued Dissertation of the
white metal, the money Of the masses,
Financial Question Changed.
within two years." said he "a gen.
eral monetary conference of the ma
tons will be called in Europe to discuss
what shall be done with gold. The
question has been what to do with sill
yer, but long-headed. bankers are see
ing breakers ahead on account of the
increase of the gold output
They see that a time is coming when
gold will not be worth as much as it
is today The demonet ization of silver
has sharpened the wits of the prospec-
tors and miners and they are finding
gold in many places where it would
never have been dreamed of if silver had
been let alone. Take the new gold
fields of western Africa as an example.
European investors are wild over the
speculation in stocks of lame explora-
ton companies, and companies which
have never paid a dividend are finding
a. ready market for their shares at f6
Is or FLO sterling a share.
"As to the silver question:" continued
+11n rot
very discouraging. The change of
evidence of a feeling that perhaps
after all, the world can get along with
,ut the free coinage of the white metal.
The sentiment OF many people is that
perhaps there is gold enough to carry
the business of the world. I
I'm as much of a silver man as ever,
out the silver sentiment is in the mi
lority up to this time. It will take
line and education to change this
'front.'.
Outlook For the Farmer.
''The farmer" said the captain, as
above all others. to be pitied. What is to
become of the farmer. From the present
outlook It seems as though he is rapidly
everything of value that he can raise in
order toslive. 1t seems as though he must
get down to black bread like the farmers
Of Belgium and Holland. / have seen
those people sit down to the table on
Sunday to eat. If they have company
they try to serve white bread. 1t is con-
sidered quite a luxury in those countries
and the careful farmers wife cuts the
bread in thin, slices. A piece of rye bread
IS taken and covered with a layer of
lard, then the sandwich is completed by
slices of wheat bread. The farmers of
the United States are aDDrOachir1y the