Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-02-01
U. >. MINING AFFAIRS.
Important Changes IN Smolter TO b,
Made by Manager Fitch,

NAue by hunager tiieh,
A Boston publication says OF the
United States mining affairs.
'Smelter experts from all over the
country have been wrestling with tho
problem of smelling the United States
company's ores. Improvements have
been Instituted, and the smelter is now
working better than at any previous
time, but 1t Is sin unable TO treat the
tonnage which was expected Of It. Pei
haps metallurgist Bellnger, the Henae
expert who IL now engaged upon the
problem, viii be able to overcome the
difficulties. He believes he can.
"Smelter difficulties, however, are OF
mechanical nature. They do not
change the value OF the properties, Mr..
Fitch Is already planning to Increase
the output by changes in smelling con-
structlon. Changes have been planned
In the horizontal nue boxes of the fur
naces and actual work Of construction,
commencing with the concrete founda-
lions, has been started. Plans have
been perfected and bids have already
ben received for tho steel work, and
contracts will be Immediately let. This
work VIII be completed by April, and
General Manager Fitch reports that
with the completion Of this work a
large part OF the trouble viii be over
come, Plans have also been completed
for the erection Of reyerberatory fur
mace, and the work viii be started az
once upon this addition.
Criticism Of the United States Min
ing situation Is that the Centennial
Eureka is furnishing all the earnings
and that the Bingham ores return no
not profits, This * largely true and
always has been So The Bingham
mines have large tonnage Of ore run
ming about So per ton which returns
no profit but these Bingham ores,
are too valuable as flux to cast aside,
especially az by their use the full value
Of the Centennial Eureka ore can be
secured. There are, however vast
amounts OF ore In the Bingham mines
running s. per ton on the average,
but they cannot be extracted under the
present caving system of mining I'm
Bingham until the lower grade ores are
out OF the way, and there II a much
greater amount OF the 81 ore than was
estimated II is estimated that there
are .750. 900 tons or ore In sight ana
blocked out In the Bingham properties
"Tho United States company IL now
showing earnings better than 100000
per month. The average for the two
months of November and December was
sl0i, 600 There Is reason to believe this
record will be improved upon, In fact,
Il IL believed that the United States
properties IN Utah, outside OF the lead
operations, are capable Of net earnings
Of $3.50 per month, and that this rec.
ord will be attained and maintained
undor Mr. Fitchs management
1T ls estimated by United states
Mining interests that by the time the
Mammoth smelter Is completed and In
operation the United States Mining
company will be able to demonstrate
an earning capacity Of 81 per share for
the outstanding 100000 shares, as fol-
lows;
Per annum,
From Utah copper operations
ut sl250OO per month ,.,"Sl 100000
From lead operations I'm Utah, 25O,OoO
From California operations 900, 100000
Total ..,., ,.,..,.,,. "t25OO'OOO