The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1908-11-10
.sl4.4oi. Oaa ss.sil.i35

sIncludes stock OF other companies, in
cuding Steptoc Valley Smelling and Min
ing company. Nevada Northern railway
and Cumberland Ely Copper company
The Nevada Consolidated issues q
statement of condition OF the property
and work thereon since November !,
1907. Pope Yeatman. consulting engi-
neer, in his report recommends that still
another unit be added to the concen-
TRAITOR for handling Nevada Consolidated
ores. Prospecting ON the Eureka sec
tion has developed over 5,5o0.000 tons
of ore of an average grade. This in.
creased ore blocked out to fully 10000
900 tons.
Ore blocked out represents an area
small in proportion to the total, and
possibilities for very large increase OF
considerable extension Of present de-
veloped orc bodies and partially pros
pected areas, but also in large areas not
yet touched, which give very similar
indications of promise to those shown
in the developed area. Up to November
], 1s5,277 tons of sulphide ore have
been mined, Total yardage up TO No
vember l for stripping is 427,244- The
sixth section of the concentrator will
be placed in comr,ission in December
The capacity OF the plant has been
proved equal to or greater than origin
ally estimated
Considerable work has been done on
water rights during the past year, and
pipe line has been completed and is in
operation, furnishing ample water for
present smelling operations boiler pur-
poses and for concentration. up 70 date,
even without repumping of taillngs wa
ter, and. in addition, they have ample
for plant many times the size OF the
one in operation. President James Phil.
lips, Jr., says IL is confidently expected
that construction OF the additional unit,
the fifth of the series, will raise the an
nual production OF blister copper to ap-
proximately 70,000,000 pounds
From data at hand, it may be accept
ed with confidence that in January.
1909, monthly production will be equiva-
lent to an annual production of at least
35,000,000 pounds, and that by April
next, when additions TO the concentrat,
ing and smelling plant under way are
completed, increased facilities will re-
suit In raising the annual output TO So
100000 or 55,000,000 pounds. Should Mr..
Ieatman 8 recommendation that still an
other unit be added meet with the ia
vorable consideration reasonably TO be
expected of the incoming board, IL is
well within probability that by Septem.
Der next the company will take its place
as one OF the six largest copper produc-
ing companies of the world
At the annual meeting the following
directors were elected: $. w. Eccles,
James Phillips, Jr,, W. Hiuckle Smith,
F. W. Hills, Charles Hayden, c. Hart
man Kuhn, director of the Girard Trust
company Of Philadelphia; ". B. Thomp-
son, j. X. MacGowan, Willard S. Morse,
John n. Steele and w. Z. Bennett.
At the annual meeting of the Nevada
Northern railway the following direct.
ors were elected; Daniel Guggenheim.
5. w. Eccles. James Phillips, Jr., W, Is.
Thompson, w. Hinckle Smith, C. Hart
man Kuhn, j, X. MacGowan. F. w.
Hills and W. E. Bennett. c. Hartman
huhn succeeds a. Chester Beatty. He
is a director Of the Girard Trust com
pany of Philadelphia and was added to
the board at the request of large Phila
delphia holders of the stock.-Boston
News Bureau