The Pioche weekly record. [volume] (Pioche, Nev.) 1906-1908, 1908-12-19
To Build Shelter
At Milford
Smelling Conditions Stead
lily Improving. Deal Is
Ratified.


mines OF OLan nave PAID dlYl-
dends during the year 1903 tc
the amount of S., 537, TIC, the
contribution of thirteen differ.
ent companies. Compared tc
the figures given out a year age
at this time a decrease is shown
of little more than 81, 900, 600.
But this is easily accounted for
by the falling metal prices incl
dent to the business recession
towards the close Of 1907, the
raise in treatment charges, and
finally the closing down of all the
competitive smelters of the
American Smelling & Refining
company in the Salt Lake valley
by a decree of injunction follow
ing the trial of the smoke"
cases brought by the ruralists in
the vicinity Of Murray and Bing-
ham Junction.
The mines contributing this
years dividends, together with
the amounts, are set forth in the
following: Bullion Beck, $50, 600:
Colorado, $3.50, 900; Mammoth,
$50, 900; May Day, $42, 900; Pu-
ritan, $500; Silver King Coali-
ton, 1862, 500; Sioux Consolidat-
ed, $126, TIC; Uncle Sam Consol-
idated, 100000; United States
Mining companies, 81, no, 500;
Utah Consolidated, $500, 600; Utah
Copper, STOP, 500; Utah Mine,
1874, 600 and West Mountain Pla-
Ger, $1,000.
Two of the foregoing mines
paid dividends to their share
holders, yet not a pound of ore
was sent to market. The Puri-
tan Gold & Copper company, for
instance, disposed of a large area
OF surface rights to the Utah
Copper company, while the West
Mountain Placer sold water to
the Utah Copper company for
use in the operation of its Cop
perton mill in Bingham canyon.
from which profit of more than
5000 was realized.
UTAH SMELLING CONDITIONS.
Smelling conditions in Utah
are steadily improving. All of
which tends towards the adj
vancement of the mining inter-
ests of Phoebe. Every new
smelter built in Utah not only
helps the producer of Utah. but
it also provides a better market
for the output of the mines Of
Nevada. While doubtless the day
is not far distant when Phoebe
will have its own mills and
smelters, giving employment tc
thousands of men, at the same
time, with half dozen plants
within a radius of eighty mile:
of Salt Lake City, doing business
and reaching out in all directions
for custom ores, presents a most
gratifying situation. Amalgam.
eted Copper interests have come
into this state in earnest, and are
getting ready to spend So, 900, OO(
in the erection of a large smelt.
Ing plant near Tooele, about for.
ty miles out of Salt Lake city
and near the main line of the
San Pedro, Los Angeles & Salt
Lake railroad. The appearance
of this Amalgamated crowd into
the local field was not heartily
appreciated by the American
Smelling & Refining company
which had exercised every effort
within its power to prevent the
Utah Consolidated from carrying
out its avowed purpose to build a
new smelter and engage in the
competitive smelling business.
The American Smelling interests
had bought Utah Consolidated
stock heavily, and threats of an
injunction were made to prevent
the scheme being carried out.
President Broughton of the Utah
Consolidated, however, outgen-
eraled liAis opponents when he
contracted the output of the Utah
Consolidated mine in Bingham
to John D. Ryan and his Anal
ated associates, who are to form
a new smelling company and
with which the owners of the
larger stock interests in Utah
Consolidated win be identified.
The new smelter will treat all