The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-12-27

= HE year in Tintc has been prolific
of changes that have had an i'm
pOrtant bearing on the future of
the district. While nearly all the work
Ing mines have shown a decided inn
provement underground, yet the results
Of these natural developments have
been. in q measure, lost sight Of be-
cause OF the Overshadowing interest
that has been awakened by the market
which has been provided for ores that
heretofore, because Of a low value. have
been an unprOduCtive asset. With the
advent of the Bingham Consolidated
Mining & Milling company on the scene
conditions have changed to the advan-
tage of the mine owner, and from old
slopes whose very existence was bat
tradition Of the vagIest sort, fortunes
nave been taken. Owning vast deposits
or copper sulphides, The Bingham COM
pany has found the hitherto despised
silicious ores Of Tintic a very desirab bic
and necessary lux I'm its smelling op-
erations, and has provided a market for
this class Of rock that promises to last
for an indefinite time
The Bingham company, however was
not the pioneer in this field: many
months ago the United States Mining
phide zone. purchased the famous Cen
tennial- Eureka that it might be as
Eured Of an unlimited supply of siliCiOJs
ore, at the time of she purchase of the
mine for something like $1,000 900 there
was considered to be ore lin sight"
to that amount Since then the big
channels have been explored TO a depth
OF 1000 feet with no sign that the bot
tom viii ever be reached. and the last
estimate placed the value Of the ore re-
serves at $15,000,000.
Eagle & Blue Bell Sale.
The Bingham Consolidated, profitlng
by the success Of it's neighbor, has just
concluded the purchase of the Eagle &
Blue Bell group of claims, which is To-
Gated on the same rich channel and
proposes to make of it a mine that will
rival the record of the Centennial. The
company secured an option on 40, 000
of the $50 900 shares Of the Eagle early
I'm the spring, and since then has been
developing the property with such sat
fsfactory results that on the 18th ins;.
the final payment was made. though
the time for IL had not arrived. The
contract price for the stock was 81 pc-
share. but buyer and seller got together
and agreed on cash price. and the
purchasing crowd, which was repre-
sented by President White and Vice
President COram of Boston, have given
orders for the prosecution of develop
ment work that VIII permit the most
economical handling of the ores. A
new shaft is 10 be sunk Immediately.
and the property equipped with a plant
Of sufficient capacity TO handle 100 tons
of ore every day. while furnishing at
the same time the power necessary to
carry on development work. The old
workings Of the mine are filed with
very desirable class Of ore that while
scarcely within the limits of shipping
rock under former conditions. can be
used 70 good advantage at the smell
ter.
CenSennial-Eureka's Output.
AT the Centennial Eureka there has
been a steady output. which has been
unchecked excepting for q brief period
while the ore digge-s were excluded
from the big slopes by the smoke and
gases from an underground fire that
ragged in r neighbOr's territory, with
which &c Is connected. Fifty thousand
tons have been shipped 10 the smelter
during the past eleven months. and the
big shaft has been carried down TO a
depth of 500 feet and connected there
with the ore channel The ore is broken
with machine drills, carried to the ran
way over an aerial tramWay ana
shipped without sorting, the cost Of
handling being reduced to the lowest
possible point
Similar methods have been employed
at the Grand Central. which owns
group Of very productive claims just
over the Hill from the Centennial, and
on the same big channel. This COM
pany has a very favorable contract
with the Bingham C0nOlidated smelter
for the treatment Of it's ores. and is
able TO handle its output quite as
cheaply as the Ceuteunial-E Eureka, be-
ine also equipped with a tramway 10
the loading station. The Central hes
Just cleaned up an old dump that con-
taired between $4,000 and $4,000 tons,
which netted the company a handsome
sum Monthly dividends were resumed
Sin March. and have been continuous
since with the single exception of the
month of October. which was passed
because Of some unusually heavy exc
penses incurred In development work.
Since the resumption $4,000 a month
has been distributed, amounting TO
500. 600. The total dividends paid by
this company. including the one from
December earnings, lack but $4,000 OF
81. 600, 600
1Iammoth's Row With SHELTERS.
At the old Mammoth, adjoining the
Grand Central mining operations were
iu November because Of
disagreement with ,hc smelters. The
trouble seems I'm a fair way to be adj
justed satisfactorily however. and at
the camp il IS expected that the word
to resume operations viii be given on
the FIRST Of the new year When the
fires were banked che property was ~
shape to mine an immense tonnage. [
was out of debt and hosting ore to the
value Of $1,000 every day. The SHAFT
has been sunk 1000 feet. and the ore
zone explored 100 feet below that point Z
the deepest workings in the district /
Wines have been sunk on the lower /
levels ir solid ore Cor 200 feet, and Ma [
rure has given no iutimation Of any /
change in the present conditions. which l
bear out the expressed opinion Of
former superintendent that "a cable |
long enough TO reach the bottom Of the /
ore bodies in. the Mammoth viii never (
De woven" During the year an en- /
.ireIy new assure was opened In the