The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1909-04-29

public in the annual report. This re-
port covers a period of eighteen
months in order 10 bring the fiscal
year, as desired, around to January l.
The results have been most satisfac-
tory during that period, the company
producing 5i.051,212 pounds of copper
which 1t sold at an average OF 19 20-10O
cents. The average cost was s $1,000
cents. showing earning for the period
of S2,402,159. Out of this, interest
dividends were declared amounting to
S696.57S, leaving surplus from opera
tions of that period Of S1,665,O10,
The beginning of the period covered
by this report was practically the be-
ginning of the operations of the Gar
field mill which was, section by sec
ton. gradually put into operation until
now the plant Is entirely completed
and all sections have been in opera
tion -
A great deal of difficulty has been
experience in the past In getting a
proper supply of ore for the plant. due
to the unsatisfactory condition of the
Bingham Canyon branch of the Den
yer & Rio Grande railroad. A number
of interviews were held, however, this
winter with the leading officials OF
the system which has resulted In their
throwing large amount Of their new
equipment both locomotives and steel
cars, on TO that division, and their en-
gineers are at present engaged In ma
terially improving the condition OF the
roadbed by eliminating the curves, re-
placing wooden bridges by steel ones
and immeasurably increasing double
trackage in the nature Of extended
sidings.
While up to date the service has not
permitted the accumulation of any re-
serves Of ore in the bins at the mill.
the last month the improved service
has resulted In delivering about 1000
tons of material a day The readJuSt-
ment Of the dry crushing plant at the
mill has materially improved the eff
cheney Of the same, and while the mill
was originally designed as 5000 ton
mill. 1T Is now demonstrated to be able
to handle 1000 to a day
The month of March the production
was substantially higher than it was
during January and February. and was
slightly over 100000 pounds OF cop
per with a materially less cost sheet
and the month OF April should also
| exceed 100000 pounds.
The stripping has now become sufil-
ciently far advanced so that while the
| steam shovels arc still working on low
| grade material, 1T is quite free from
| the oxidized ore which Is not we'll
1 adapted to concentrating
The feature OF the report that holds
| l.
that the 1,7O5,322 cubic yards OF cap.
ping that have been removed, averaged
not quite l per cent copper. Expert.
rlents have demonstrated that the lar
er part Of this is contained In such
form that II can be extracted by
teaching. and as soon as weather con-
dltions will permit a small plant will
be constructed. II this is successful.
very large plant will be erected to
treat this capping on a broad scale
In March. Utah Copper treated 21S.-
900 tons of ore. and the April reports
received to date are to the effect that
this mill. OF nominal capacity of
5000 tons day, is treating 5000 tons
every "a hours.
Shareholders will be much pleased
with the annual report, not only be-
cause the results are so satisfactory,
but because they are presented so
fully, and in such form that, togeth-
er with the maps and photographs.
they make 1t possible for each and
every stockholder TO obtain an intel.
ligent idea OF the exact condition OF
his company, even II he does not hap
pen TO be versed In the technicalities
OF mining. This is a feature that Is
found In very few mining reports.
For instance, II is stated that during
the year there was an increase In the
ore reserves of 100000 tons. bringing
the tonnage of fully developed, par
TALLY developed. and reasonably assur-
&c are up &c 80 Of S0.O90,o9o tons,