The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-01-01

qualification all around that its back
ers are sure of substantial and lasting
returns. The cOmpany's own mines
are now supplying the bulk of the ore
handled at its smelter. and. with the
, completion of its Mascotte tunnel
which has been driven into the heart of
its Bingham mines for a distance Of
more than 800 feet. an immense terri
tory can and will be mined al a cost
seldom -undercut in lode mining. The
ccmpany's Commercial mines now
have a huge Tonnage of ere blocked
out, strikes have re lencIy been made
in the Lark and Lead mine leins. and
in addition to the ores thai are being
handled IN its copper SINE ter a fine
tonnage of first-class shipping ore is
coming from the properties in which
all four of the metals are found.
United States Properties
The year just closed has been a busy
one for the United States company.
and, like the Bingham and Utah Con
solidated. 1t has spent great sums or
money for construction and betterment
account Like the Bingham company.
Only more so. il has taken whack at
the custom ore business, and has done
its full share in helping the local in
dividual producer to get a fair shake.
This has been particularly true during
the last few months since the company
entered the market for lead-silver ores
that VIII be handled in the Company's
own furnaces very shortly. as the plant
Is now approaching completion.
In addition to its Bingham and Tin
tic mines, the company recently pur-
chased a big copper-gold property in
Shasta county, California. where the
erection of big mating plant is now
under way The product -of this smell
ter, il is understood. is to be shipped
here and converted into bullion The
TO providing a large revenue. make an
ideal fluxing material for the Silicious
ores of it's Centennial-Eurek bonanza.
mine which is reputed to have more
ore in sight than any similar PROPOSE
ton in the state.
The mana cement IF the companv's
Utah properties was relinquished by
Managing Director A. F. Holden sixty
days ago and Walter Fitch. a most
competent and experienced engineer
from Michigan, succeeded him. He has.
since his arrival, become complete
master of every detail of the business,
and there is no doubt that his services
VIII be everything the company could
wish for.
While the United States company's
affairs are still in what is termed the
constructive period, so rapidly is every
thing being rounded into shape by the
expert talent in charge of all depart-
secure. A substantial dividend was
declared during the year and there ap-
pears 70 be nothing to hinder the earn
ing or much more money during the
twelve months to come than has been
done during the year just closed. The
company has spent millions in the
state already and its future operations
mean that many millions more will be
distributed among the people of this
commonwealth Employment for more
than loo men is provided by this COM
pany in its various mines and smelter.
and after the lead producing plant goes
into commission the number win neces-
sarily be largely increased.
Utah Copper Company.
One of the very greatest mining en-
terprises ever launched in the state is
that of the Utah Copper company, a
combination of Colorado and Utah tai
ent which has been doing things
from the moment the first gun was
fired in the campaign. The company
property consists of veritable noun
tains of COpper-bearing porphyry in
the Bingham camp which averages
about 3 per cent in the red metal. While
the grade of the ore is not high, as
gagged by the ordinary Utah standard
the quantity Of the rock is practically
limitless, and its concentrates so per
fectly and easily handled that il is
simply matter of handling it in guam
tity to make enormous profits.