The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-02-20
JANUARY RECORDS
At G0LDF|ELD CON.
Manager Finlay Satisfied With
Development During Last
Month.
ACCIDENT AT MILL
CAUSED SOME DELAY
Reduction in Concentrating
Expenses Is Considered
Possible.

According to the report of General
Manager j. r, Finlay oI the Goldfeld
10 the president and directors OF that
company. the Consolidated mines during
the month OF January produced 26,2I4
wet tons or 24,OSO dry tons OF ore oil
loss In tailings amounted TO S55,S9S, Civ
ing an estimated recovery or 1929 900
Deducting the costs OF mining. milling
and transportation, the companys total
proht for The month amounted TO S6l9. 800
In his report, Manager Finlay says:
1T VIII naturally be OF interest to
the directors 10 note the effect OF an
increased tonnage on operating costs. II.
my telegram of January 81. | eSC!mat
ed the total expense at $4,000. This
appears TO be an under estimate to the
extent OF 5000. This arises from the
fact that the estimate was made simply
on the total number of men employed,
calculating $3.,5 per shift, Ii appears
now that the increased tonnage calls for
larger consumption OF supplies in pro-
portion 10 labor, The total sum OF
$4,000 can be accounted for in two
Items. First-An increase in supplies
and labor at the mine OF about $4,000;
and. second. some additional expenses at
the mill caused by finishing up conStruc-
ton work which last month was charged
10 construction but this month to op-
Grating, and also some supplies lost by
fire, and an additional consumption OF
chemicals and supplies due 10 the freeze
up and shortage OF water in the early
part of January
Costs Less.
However after making these correc-
tions. we still find that the total cost
has come down little. principally in
the Item OF general expense. The cost
of mining and development Is n few cents
lower than for December, and the cost
OF milling n few cents higher. On the
whole, ! think II Is safe TO say that the
reduction in costs. due 10 a production
OF $4,000 tons per month, as against
10000, viii be almost entirely in the over
head charges. II IS too early 10 figure
on much reduction in other directions.
but when cur difficulties at the mill are
fully overcome there should be some re-
duction there
The total advance made in develop
mcnt headings is so far as l know, the
Combination, $50 feet; Mohawk 1920
feet: total 1868 feet,
''Of this development, a total OF SOS
feet or some what less than 20 per cent,
was in ore,
Mill Records.
The explosion OF an oil tank on Janu-
ary 20 caused a loss of about $4,000 The
machine shop and carpenter shop at the
mill were consumed. together with a car
was very much exaggerated in the news
papers. We are taking additional pre-
cautions against fire throughout the
property,
weather and fire, the mill has a most
gratifying record for the month. 1t has
proved It's capacity for treating 900 tons,
but we should count on $50 tons for nor
without any loss In metallurgical efi
cheney The mine is in good condition
TO maintain Its present output without
any great effort. The principal limita
tion. both on ore production and devel-
opment is the capacity Of the COM
pressors.'