Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-12-16

accidents due to the careful timbering
Of the mine and the good Judgment eN-
ercised In the selection OF men employ
ed and also by the fact that in the
sulphide portion Of the mine. where
extraction has been in progress, the
mining costs have been brought down
to less than sl.jO per ton.
Another Newhouse Success.
me Boston Consolidated is one more
big mining company in this state that
has been brought 20 the front with
Samuel Newhouse as managing direc-
tor. 1t Is the second great enterprise
launched by him In Bingham; the Utah
Consolidated was the first one, but the
Boston promises to become even great
er than It's illustrious neighbor.
Manager Gates Makes Record.
The developments OF the year have
been under the direction of Manager
Gates and no doubt it Is the source or
a whole lot of qualification to him to
know that under his administration,
which has extended q little over a
year, the ore reserves have been IN
creased tremendously. and that the
price of the stock has risen from 50 to
S22 a share and the valuation of the
Of the stock for basis has increased
more than t9,O00,0O0. 1t Is record 10
be proud Of and no doubt Mr.. Gates Is
proud of Il.
To provide the sinews with which 10
erect the proposed milling plant at
Garfield, the stockholders, several
months ago, authorized the d.
rectors 10 issue bonds to the amount
OF S1,250,0OO, which were redeemable IN
stock at $40 a share and these are now
being sought at a premium of more
than 100 per cent
The business management OF the Bos-
ton Con. is under the direction OF La
fayette Hanchett, while \. j. BEETLES
and other members of the Newhouse
staff attend TO the metallurgical work.
Ohlos Promising Future.
The Ohio Copper company. which
operates one OF the principal producing
mines Of the camp OF Bingham, has
had a prosperous year OF 1t and this
IA exemplihed by the fact that the ca
pacity OF the mill has been doubled and
developments made In the mine fully
Justified the erection OF a plant much
larger than the present one-which is
handling 200 tons Of ore every "a hours,
Much exploratory work has been
zone uuIluS Nlt year. anu ~ HstH OtVA
productive OF most excellent results.
on the 400-foot level. a cross cut
has been run south for $50 feet cutting
the mineralizad porphyry zone on
which the Utah Copper has worked up
Its reputation, and for $50 feet 1t has
penetrated a channel containing ore
carrying very satisfactory copper VAL
ues. This cross-cut - still being ex-
tended and is rapidly approaching tho
What Cheer vein, which has been pro-
ductive OF a great deal of high grade
ore In the past.
The present organization OF the Ohio
Copper company came into existence
O little over two years ago. when II
absorbed the holdings OF the Columbia
Copper company. Since that time the
old Winnemuck property including the
inill and water rights, has been taken
over. At the present time the MIL
Is being supplied with ore from the
AIS Well and What Cheer Lodges,
Aside from the mill operations OF the
company, a large tonnage OF high
grade crude ore has been marketed.
During the past few months the mine
has been clearing about $4,000 per
month The Ohio company's properties
are among the best In Bingham and
when greater facilities are had for the
treatment Of the low grade ores. there
IL not the slightest doubt but that II
will cut an important figure In the cop
per output OF Bingham.
The officers Of the Ohio Copper COM