The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-21

copper mines are being worked. The
unfinished copper works in this city
should be completed, or falling in that
| the Salt Lake smelters should erect
| copper furnaces, so as to afford a
market for oul copper ores of lower
! grades. This would lead to the active
| working of numerous copper mines in
different parts of the state.
LEAD ORES.
Our lead ores IN many localities con
tain large percentages of zinc, which
has heretofore greatly deprecated the
/ value Of the ores. as the zinc is des-
troyed in the smelling process, and
heavy penalties are charged to the
miner by the smelters for the zinc
contents, above say 10 per cent. The
zinc blend can be mechanically separ-
ated from the lead in the concentrating
mills owing to a difference in the
specific gravity of the particles of the
two metals, but the silver values still
remain in the zinc. Recent discoveries
have been made by which the silver
and gold can be separated from the
zinc by electrolysis, and 1 understand
that capitalists are now contemplating
the establishment of works in or near
the city for the electrical separation
of the metals
A GREAT ENTERPRISE.
In this connection it is interesting to
note that the largest and most i'm
portant water power electric transmits
sion plant IN the world. next to the
great Niagara plant, is nearing com
pletion few miles from this city, and
within the next ninety days will be
delivering thousands of horse power
of electric current within the limits of
Salt Lake city
This stupendous enterprise has been
quietly prosecuted for the past three
years, almost unknown and unnoted
by many of our citizens. The source
of power is the utilization of a water
fall of nearly 400 feet in the largest and
most reliable OF our mountain streams.
about thirteen miles from the city, and
when completed this first installation
will have cost half a million dollars
The company have several other loca-
lions on the stream, and as the demand
increases, other plants can be installed
furnishing all the power that is ever
likely to be required.
This cheap and desirable power
should prove great stimulus to the
development Of our manufacturing in
teres.s.
A FIELD FOR CAPITAL.
With all our varied resources,
scarcely touched, there is here a great
and fruitful field for the capitalist and
the investor, and it should be one of
the chief functions of our exchange to
aid in every legitimate enterprise that
is seeking to utilize the natural pro-
ducts with which we are so bounti-
fully provided.
There seems to be an impression in
some quarters that the exchange is a
little too exclusive and conservative,
and that some large operators, whom
| know to be most estimable gentle
men, have been given to understand
that their cooperation in the work of
the exchange is not desired. This is
surely a mistake, as l know the feel
ing to be nearly unanimous in the
membership that all reputable citizens
will be gladly welcome as members.
The original promoters of the ex-
change were, l am sure, actuated by
desire to establish an institution that
would be a public benefit, and were en-
tirely unself1sh in their efforts. There
will be much thought and labor re-
ouired from the officers and members
of the various committees to place the
institution on good working basis,
and if our labors meet with the ap-
proval Of our fellow citizens we shall
feel amply rewarded If, however, we
fall short of this, some of US, at least,
will cheerfully retire and make room
for others, who can give more time
and who are better equipped by exper-
fence and knowledge of mining for the
work in hand. Respectfully submit
ted, JOHN ". DONNELLAN,
President.