Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-11-20
TOOELE COUNTY
SHELTER ASSURED.
The Utah Consolidated Signs a
Definite Con-
tract.
------- - -
EFFECTIVE AFTER A YEAR.
EFFECTIVE AFTER A YEAR.
Will Save One Dollar Per Share on
Capital Stock, or $500, 900 Based
On Present Conditions.

| Up to the present time there has
I been a great deal OF surmisiug regard
! ing the belief that a new and very
large smelling plant would be the OUT
come of the difficulties between the
| Utah Consolidated company and the
Guggenheims, over the treatment OF
the ore for tho former company for
| which the latter has and still holds a
contract.
Yesterday afternoon word was re-
| ceived here which places the question
Of tile new smclter. primarily for the
treatment of the Utah orc, beyond a
| doubt.
This Inflammation comes in the re-
| port of Urban Fl, Broughton, president
| of the Utah Consolidated, which re-
capitulates the circumstances relating
to the dealings between his company
and the Guggenheims, in q general
| way. commencing with the closing Of
| the Utah's smeltcr, under II court or
der, and the milking of tho contract
with the Guggenheirns, and relates
briefly the troubles that have arisen
therefrom, leading to the prescnt ncces-
sity for other and more profitable
smelling arrangements, and tells what
those arrangements at present are.
4
genheinls will still cover a year at the
end OF which time the new contract,
the one just entered into with w, d.
Thornton. Of Butte. Montana
This now contract commences in
April. 1902, and will be effective during
the 10 years following. It embraces
the building Of slnelter at the site,
held under option by the company in.
Tooele county, capable of handling 49,
I,
per ton less than the rate now being
paid.
The new contract further discloses
the fact that the new company with
whom the contract is made. is to take
over the lands and options held in
Tooele county Mt cost and to deliver.
an option on any part OF 5000 600 worth
of the stock OF the new company. @
The presidents report closes With the
statement that the savings to be effect
ed by the new contract will amount to.
$4,000 900 annually, or 81 per share on.
the canital stock of the company.
IF there has existed any doubt as to.
tho intent of the Utah Consolidated
and kindred interests to build a smolt-
er for the treatment OF It's ores tho
doubt is now dispeled.
Locally the situation is full of life.
ENGINEERS are now at work from both
/ '.Ilusf VI .tftt ptOuOSeuH route 10 INC new
| emcltcr site. and the distance about %
miles, between Black Rock AMI the
snelter site near Tooele and will fin
'sh their work within the next few
saws Actual grading will commence
within the very near future. under con-
tracts to be signed within the next
ten days.
In the meantime, the Transportation
ARRANGEMENTS for the erection OF the
new smelter necessary for the trans-
portat ton of men and sunplies. include
the building of an electric line from
the Salt Lake route TO the smelter site,
a distance of some three or four miles.
This electric line will be OF great SER
vice in the matter of carving material,
as the work of building progresses, and
viii also serve to carry the men back
md forth to the smelter after 1t is com
peted. as It is not the intention OF
the company to keep the men there
after the plant is in operation