The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-16
MINES Of WEST
IN GOOD SHAPE
W. F. Bartholomew of Boston
Returns With Good Opinion
of Properties.
SEES MANY GREAT
MINES OPENING
West Is Optimistic and Deep in
Land and Irrigation
Speculation.

". +. Bartholomew. member OF the
firm of Thompson, Towle 6 Co. has re-
turned from an extended trip through
the west, including the Globe properties,
Mammoth and Ballaklala and tho Mason
Valley properties In Nevada,
In an interview regarding conditions
nj various properties visited. tho general
business situation In tho west. etc, he
says; ''on my trip / travelled at least
5000 miles, and II Is significant that
every train on which ] rode arrived at It's
destination exactly on time, Indicating
either a lessenIne OF congestion In trat-
nc or an Increased efficiency of opera
ton, probably q combination of both.
There WAS a distinct slowing up OF
business sill through the westI psrtleg-
larly in Salt Lake City. where there Is
considerable increase i'll the number Of
Idle cars.
81 made a thorough Inspection of the
Inspiration property and would consider
IT a safe estimate at placing Its tonnage
q, S0,000.o00 tons, as demonstrated by
the chum drills. Inspiration Ia 5o,eoo,-
o00-ton proposition. mill site has been
selected and the nagement VIII start
al once on plans for the erection OF
5ooO-ton mill.
Miami looks exceptionally we'll and
the mill Is rapidly nearing completion. by
the first OF 1911 the mine ought To pro-
duce 5000 tons daily. 1t Ia safe 10 call
Miami 20 00u oo0-ton proposition.
cial has started on an aggressive policy
and as soon as possible Will sink to the
1000 foot level and open up the property
Etill further.
'"rhe old Dominion Is making the best
record In It's history. and s now produc-
Ing about 1000. ooo pounds ot copper
monthly nt n lo-cout cest. AS seen as
the new hoist Is received-ebeut July /
there Will be q material Increase In pro-
ductIon anu 81 is expected That the
cost Of production will be reduced te
about cents.
although the Mason Valley property
is not very well known IN Boston. II VIII
shortly become better known when the
1874 600 shares Of stock and 81 100000 CON
yeriIbIe bonds are listed on the Boston
Stock exchange. Development work
shows about l.Vn0.000 tons OF 20 TO per
cent sulphide ore. Work has been startgd
on the erection of an S0o-teu smelter. II
Is tho intention Of the management 10
build up largo custom business, using
Its own mines as basis
The First National property RI On
ram, Cal. Ia making n splendid record
and Is treating daily 500 tons Of GRE. In
the past year by diamond drilling II has
developed 500. 900 tons additional 4 per
cent ore, On l2i-ccnt copper tho COM
pauy Is now earning about $4,000 net
per month. Tho mines and smelter are
being operated with great elHc!ency,
THE Mammoth mine I'm Shasta county
which is controlled by tho United States
Smelling. Refining and Mining company.
Is one OF the big mines OF the country:
II is producing about @.I50.On0 pounds OF
copper monthly at better than cents.
This mine contributes largely toward the
dividends paid by the Unlted States
Smelling. Refining and Mining company.
"All through the weat there Is feel
ing Of optimism. 1t is too early 10 speak
Of crops but everybody looks forward TO
bumper crops, due largely to increased
acreage as well az To the condition OF
the soil, G-nfavorablc features Of the
general business situation throughout the
vest may be traced directly TO extensive
speculations in land and the oil lands
IN California Indeed. tho speculation In
land has reached the point where meas
ures have been taken TO relieve the situa-
iion and discourage extensive speculation.
For some time the farmers havo been
adding 20 their holdings and raising mort
gaSss 10 effect the purchases, 80 that
the banks have In many cases demaudcd
very high rates In an effort TO limit the
speculation