The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-05-09
INCREASES PROFIT
WITH METAL LOW
United States Company Adds
TO Earnings and Extends
Its Works.


in the Bingham mines of the United
States Smelling company. according TO
the companys annual report, to assure
regular shipments on the present scale
for a number Of years. What little
exploration work was done during the
past year yielded gratifying results,
easily adding IS much to the available
ore reserves was extracted. ore
mined and shipped TO the MidVale
smelte.. Utah, amounted to 1856 tons
The value of the ore was considerably
ENLARGED by the installation IN the
concentration at MiGVale OF the HUFF
electrostatic process Of separation. by
this process the zinc contained in the
ore is separated and made to yield
revenue. Before the installation OF
this process. the zinc was not only a
total loss. but il added, on account or
It's refractory nature, materially to the
difficulty and cost Of smelling
At the Centennial-Eurekam mine pros
DecJing was carried on with satisfac-
tory results. The shaft was sunk to
depth of 900 feet. The shipments Of
ore from this mine during the year
amounted to 1O9.430 tons.
At the MidVale smelter $4,000 tons
of charge were treated during the year
The lead smelter operated practically
to its full capacity most of the time,
remarkable record in view of the small
tonnage of ore offered for sale on ac-
count of the low price of metals.
playhouse Is Success.
The system of chemical treatment OF
the smelter gases and subsequent fill |
tering in a playhouse was in operation !
throughout the year and II accom-
plished all that was expected or IL. |
Not only have all damaging eTfects OF
the gases been eliminated, but the pro- !
ducts recovered in the playhouse have |
gone long way toward defrayfng the |
cost of operating the playhouse.
At the concentration s tables, slim |
ers and a regrinding plant were add |
ed and the zinc plant previously re-
ferred TO was installed The latter con- |
tains Is Huff electrostatic machines !
The United States Lime company 4
shipped 65,731 tons of lime rock from /
the quarry at Topliff, Utah The de-
posit is practically ineXhauStible.
The extraction of ore at the Nam /
moth Copper Mining company at Ken |
net. California, amounted TO 4O1.244 |
tons. The smelter treated 575,6O6 tons
of charge
At the Quartz Hill mine the shaft |
was sunk 200 feet and prosecuting ]
started This work will add sufficient /
of smelling flux for years to come. !
The bullion treated by the GrasSelli /
Refinery showed a material increase as /
compared with last year and much |
tanned.
branching Out at Needles.
The Needles Mining & Smelling com /
pany is a new acquisition This prop |
erty was bought from the Arizona |
Mexican Mining & Smelling company. |
The purchase included the small smelt- !
inc plant at Needles. Cal, and several /
small mines near Kingman, Arizona /
The company is making some plant /
improvements and expects to begin j
smelling operations in the near future 4
II is also building adjacent 10 the |
smelter a 2O0-ton concentration the /
Needles smelter has tributary to It
large territory in California, Nevada 1
anS Arizona which promises well rom
the mining point of view Its growth |
has in the past been retarded by /
lack Of proper milling and smelling /
facilities which it is the purpose to |
provide.
At the Real del Monte and Pachuca
mines in Mexico, the extraction OF ore
amounted TO 213,630 tons of milling ore
and 1879 tons Of shipping ore. the
small tonnage of shipping ore is due !
TO the marked Improvement in milling
which rendered IL advantageous TO mill
certain grades of ore which formerly
were shipped 10 the smelter. The ore
reserve of the first Of the year was
maintained a. the end of the year.
shows Good Earnings.
The net earnings of the United
States Smelling, Refining & Mining
company last year were s3,136,36O, |
compared with S3,017,947 for 1908. and /
it closed the year with an undistrib-
with 1857, 7O4 the previous year. Divi- /
dends paid during the year amounted l
to s2,40s,S3
The cOmpany's metal production for /
1909. compared with the two previous |
years was as follows.
1909 1908 1907
Cop. lbs. Sc, 672, sos S2.sO3,6O3 2s.51S,37s !
Lead. lbs. Al, 627, 995 27,3O4. BAT 53,617.S24 |
Sill ozs.. 9,637.1I9 S,34O.566 6,739,269 |
Gold. ozs. 1888 12S,2OS 2S5,S22 |
The percentage of value of each met |
al and average price received in 1903 /
and 1908 follow: 900
Per cent Per cent
Value price rec Value price rec |
Copper 1881 13.0O6c Ib. 34.5 1920 Id /
Lead .125S 4297 ID 10. 4.23 ID i
Silver 1906 51.969 OF 345 5297 OF |
Gold -----lS-50 ---- OF IL
The tonnage of ore produced from 1
Eureka. Mammoth, and the /
United States mines at Bingham, and 1
in Mexico, was 69,771 tons, of which /
the values of the metal contents were /
in the proportion of AZ per cent cop /
per, per cent lead. 35 per cent silver /
and Is per cent gold.
SILVER SHIPMENTS ARE HEAVY.
New York May S.-Since January l
shipments Of silver from San Fran
cisco to the Orient have amounted TO
S1S25O.OO0 against S10449,00O from
London to India. Total exports this
year TO April p from London to India
AID China combined have been $15,-
ISL 900