The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-29
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Another year has passed and Tintic
is again to the fore with q total Of 6,193
cars. which, as will be seen from the
above table, is a trife less than the
total of 1906 Yet il is still record to
be proud of, and the reasons for the
decrease are many, as will be given be-
low
The close of 1907 is no doubt discour-
aging for the entire nation, and Tintic
naturally feels the effect of the general
depression. Tintic itself is in no man
ner 10 be blamed for the slight dizziness
within its boundaries, and there are
MANY reason why future investors
should not be possessed with the
slightest timidity in getting into the
district with their money. In the be-
ginning of 1905 the prospecting class of
the local miners, drawn away to the
apparently greater attractions of Ne
Vada, began coming back home.
They had found that old Tintic was by
no means a dead one" and that it Of
fered TO those who had energy and
nerve a surer field for their operations
than the mythical miTages of distant
Eldorados. The steady growth of the
district since its discovery over thirty
years ago has met with only one great
setback, and that in the year 1893 At
that time there was a strike among the
Ilnl4c NOEhHASs OlOh5AAA lDOhA ny AAAN
decrease of wages consequent upon. the
fall in silver. Subsequent years of
prosperity. which the entire nation en-
1oyed, buoyed up the hopes Of Tintic's
resident miners and prospectoTs.
When Copper Came to the Front.
The rapid rise in the price of copper
was a great factor in opening IN the
camp and demonstrating its worth to
the mining public throughout the
country. This metal, which in its
crude state was known TO exist in
great quantities. turned the attention
of capital to the old camp and a more
systematic development was the order
Of the day. Until the middle of 1893
this development was almost entirely
confined to the older properties and
produced astounding results. Little
belief was expressed that the eastern
part of the district would ever amount
10 much, yet 1906 and the past year
have produced a constant string of
surprises that seem to make Tintic's
old motto, "Ore everywhere" an absO-
lutte reality. Still the district, although
il has passed its infancy. cannot be
said to have reached maturity. When
the present period of depression shall
have come TO an end, as it surely must
when the producer gets a more eqUita-
able return from the smelters for his
ore, when the railroad companies begin
10 feel that they don't want it all. and
when the eastern and. in fact all the
outlying portions of the district shall
have been thoroughly tested, Tintic
bids fair to rank second to none among
the mining districts of the west. In
spite of the present depression, people
Of the district seem all to bave joined
the Don't Worry. club, and nearly
everybody wears an optimistic smile.
In the business OF the camps there
seems 10 be no depression. New
buildings are going up as if every mine
was working its complement of men.
What Tintic Is Now Doing.
AS space does not permit, there will
be no effort made TO go into the tech
meal operations Of the mines of the
district for the past year, and a brief
outline of the doings of the three camps
must suffice.
Attention was drawn at the close OF
1905 10 the Beck Tunnel mine, and
small wonder as it had during that
year paid dividends of over $500 600.
This property is controlled by Uncle"
Jesse Knight of Provo. This year it
has again behaved splendidly The
present inability of the smelters to
handle the output of this mine has
caused the management to cease ship
ping, Yet development work is going
on steadily. The new shaft is now
down to a depth of about $50 feet. At
the level of 300 feet a station was cut
10 be in readiness for future cross-cut-
ting to the ore. Upon completion of
the smelter over Silver City way
which will be about the end of next
April. the mine VIII resume shipping
ore.
When Colorado Came Forward.
About the end Of last April the first
shipments were made from the now
famous Colorado mine, the Beck Tun-
ners next door neighbor TO the south.
and also known as one Of the knight
properties. This mine is a veritable
bonanza. Two hundred and fifty-sev-
en- cars of ore have gone TO the valley
smelters, and the stockholders have
slowed away the tidy sum of $500 600
in dividends. A 12-cent dividend has
been the usual rate before the smelt-
ers issued their orders 10 stop ship
ping. The reduction of the last divi-
dends 10 8 cents per share need not
cause any uneasineSs. With ore that
brings in the handsome price of S2O. 900
for single railroad car of about forty
tons, and plenty Of such ore said TO eX-
list in the mine, the company can easily
resume paying its 12-cent dividends
upon the resumption of shipping. Here,
as at the Beck Tunnel, active develop
ment work is being carried on. The
new shaft has been shot down to the
300-foot level, and it is understood that
prosecuting viii be commenced at
once. Should the Colorado, rich as il
is, continue TO the depths. some Of the
old-time bozanzas of the west will look
Ike mere prospect holes in COMPARE
son.
Crown Point Looks Well.
At the other knight" properties,
prospects as yet. work is going on sat
isfactorily Charles Earl is the assist
ant superintendent Of the operations of
Mr.. knight. and he has lately stated
that the shaft at the Crown Point is
almost down to the sOO-foot level, and