Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-09-30
Manager ]. 3. Risque Of Utah
Consolidated Playing the
Roll of Paynaster.
DISTRIBUTES 100000 TODAY
Which Applies on smoke Easement
Contracts-Plant Will Cost
Over 81 ,00O, 900. @

According toMadviccs received from
q New York late yesterday the negotia-
lions which had been pending between
the Garfield Smelling company and the.
Utah Consolidated Mining company
{ We're brought to an abrupt close dur
ing the day: whereupon, a telegram
was sent General Manager Risque u,
proceed Immediately to make the in
s3itial payment Oh the smoke easements.
obtained upon an area comprising near.
+ Is 10000 acres of land in Tooele cour
5ty. This is taken to mean that the
Utah Consolidated will go ahead with
the construction Of the proposed new
S stnelter at an expenditure of between
i 81, 100000 and s3,o00.oO0,
Mr. Risque called upon Mr.. Howell,
+ the COMPANIES attorney at Tooelc
y to notify land owners to meet
him at the Tooele City hall
at 10 O'clock today when he would
be prepared to pay them 10 per cent
of the agreed valuation of the lands in
yolyed In accordance with the contracts
entered into. The total distribution. 1t
y is said, amounts to between 100000
and 100000, or an average of about
SO per acre s..
The exact location of the new srnelter
will be in Pine CANYON, about five miles
Y above the town of trooele and the site
4 for large smelling works. It VIII be,
necessary to build about IL miles Of
railroad tracks to connect with the
Hartman and Gould lines; while It Is
planned in addition, to construct an
electric road down Pine canyon TO
1 rTooele where employees of the plant
may establish theii. homes mad go to
and from their labors in trolley cars.
IT is highly improbable that share-
holders Of the Utah Consolidated Will
suffer the loss of any dividends dur
ing the progress OF the constructed
$of the plant. The company's treasury
contains considerably more than
enough to pay for it now; while I'M
der It's contract with the Garfield
smelter ore shipments to the amount
OF 500 tons d day will continue until
about the first of March 1910, by which
time the Tooele plant should be ready
s for Soperation The shipments to Gar
\ field will pay all costs of operation,
meet the dividend requirement and al.
the same time add substantially eacn.
month to the surplus fund.
Manager Risque docs not anticipate
4 that a smelter located In Pine canyon
viii ever do any damage to the farm
ing regions ofSyTooele county, yet to
play safe the company has purchased
outright 1900 acres of land and has
q secured smoke easements on 3O,0o0
AZ ceres ~ to the r. contract CuiltdiillilS -
clause obligating the mining company
to. buy the lands at an agreed price,
$jfsIt should happen that vegetation Is
N damaged BY reason of the operation OF
# the plant. The Utah Consolidated com
pany has displayed a disposition to be
fair with everybody and through this
policy has won the respect and sup
port OF the citizens of Tooele City and
Vicinity The building of the smelter
means a larger yolunn of business for
the merchants of Tooele and the pops,
,llation of the town ought to increase
several thousand during the next two
years
1t is proposed to construct an aerial
tranway over the Oquirrh range Of
mountains from the Highland Boy mine
in Bingham to the smelter, the length
of which along the route surveyed
would be not to exceed three miles.
Tho cost of transporting the ore from
the company's own property by this
Z means would amount to only a few
cents ton; whereas the company
used to pay rs cents n ton to the DEM
yer & Rio Grande to haul the mine
Y product from the lower terminal of
1 the tramway in Bingham to the smelt-
err at Murray.
q The proposed smelter, it is said, will
have furnace capacity sufficient to
treat anywhere from 1,500 to $500 tons
3 or ore, per day.