Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-01-17
CONyERTERS FOR
YAMPA SHELTER
Bingham Plant is to be Equipped
With Them Without
Delay.
COMPLETED IN SIX MONTHS.
Company wnrbc Entirely independent
Tbcn---work In Tiutic
District.

The Yampa Smelling company VIII
shortly install two-ssand converting
plant at it's smelter IN Bingham can
yon. Contracts for the equipment die
10 be let right away ana work on the
excavations begun just as soon as Ii
is possible to get around to It, Thie
important announcement was made to-
Gay by General Manager Charles w
Saxrnan. who returned last night from
d conference with the executive hedos
OF me company IN Hew YORK.
The communication IS important lor
the ampa company Tor tne reason tna
with its own equipment 10 manure
matte IL Will pe absolutely ihuepsliu zen,
OF all Other smeiting concerns IL WIZ
be IN position 10 paddle its own canoe,
no natter what happens TO the GUS
tom smeltcrs OF the salt Lake salley'
and will not longer be subjected TO tue
converting charges which nave mere
tofore cur very materially INTO the
earnings of the Yampa corporation. IL
has been the custom OF the halnpa
management to send It's matte TO the
United states sineiter, but when the
uroper officials OF the latter mace
known the intention to close the piants
az Bingham Ju1cuOn, lhe disposition OF
the matte produced IN the future oe7
cnme matter which demanded I'M
mediate attention. Accordingly, the
decision TO put in the eonyerters In
the meantime, however, the practise oi
delivering the matte Drotuet derived
from the Bingham canyon sInelter 10
the United States company VIII be corr
tinued. Mr.. SaXman says the con-
verters should be ready Tor operation
within six months. Like the Titan Con
solidated, The Yampa company has new
Ell undertaken TO do any custom smelt-
ing. and probably will not undertake
TO do so in the future as the plant can
be kept running up to its capacity OF
TOO tons a day-and considerably more
from the company's own mines for a
good many years 10 come.
The Yampa mine is owned by the
Tintic Mining Development COM
pany; the same corporation owns a
large tract of valuable mining prop
erty in the Tintic district and which
is 10 be the scene of "a vigorous cam
naign OF development soon. I'VE be-
lieve we have some good ground in Tin
tic" said Mr.. Saxman. land the de-
cision has been reached to open ii up
and ascertain just how valuable II
really Is. There is shaft down be-
tween 800 and 400 feet on the properly
now. but Il is the intention to drop it
to 1.500 feet
AR. Saxrnan says conditions In the
f'fSt flFt Improving flEUt stibilS- 1lVIiSS
is easier and many Industries closed
down on account of the late depression
IRE starting up again. This is partlcu-
arly noticeable in the iron and steel
'egions of Pennsylvania. In the VII
Unity of Pittsburg, where he former,
~ resided, many thousand men who
we're idle about the holidays, now have
There is better feeling
expressed about the metal markets and
everyone seems to anticipate higher
prices for silver, lead and copper.
After making a thorough inspection
OF the various properties of the com
paDy here. Mr.. Saxman will go to Cali
fornii to look over a gold property
Owned by the Yampa syndicate, and
from there viii move north to Brit
ish Columbia with the intention of re-
suming operations at the Britannia
mines and smelter This accomplish
ed. he win next jump 10 Mexico. where
the Satnc syndicate Is operating some
extensive silver-lead properties, and
a railroad $50 miles In length.