The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-13
DETAIL Of THE
MAY OPERATIONS
GOldfeld Con. Maintained Its
Remarkable Gait in Spite
of Troubles.
SOME HIGH GRADE
GOLD ORE SHIPPED
Big Net Earnings Despite Cost
of Repairs to Milling
Plant.
Special TO The Tribune.

| .lb''lul w us ElpuIe
| GOLDFIELD, New, June lo.-The Off
cial report of the manager of the Con-
solidated mines. covering the company s
| operations in May, shows that despite a
| largely reduced mill capacity, as the re-
suit of disastrous fire on the night OF
April s. the production and net profits
for the month have been exceeded by
only three months in the history of the
company. Immediately after the fire IL
was announced by officials OF the com
pany that the fire would cause no inter
ruption III dividend payments, and in or
der to maintain earnings at the nominal
hgure of approximately 500, 900 monthly,
the company resorted to shipping high
grade ore TO the smelters. Thus, in
April and May, when i was desired TO
make production sufficient TO Offset
the fire loss and to sustain the estab-
llshcd rate Of income, the company
shlpped during the two months approx
mately 100 tons OF high-gradc ore the
recovery from which was about $780,
The May production amounted to 90 500
Dry tons; quantity well up TO the ar
erage with the mill running at capacity.
the average value Of all ore being 2.4l
ounces and that of the higb-gr taken
from the Clemont mine being 25.SS
ounces gold. The principal production,
The total value of the entire product, in
Guiding high grade, was 81 021 .656. the
net profit for the month was s723.396,
the profit per ton was 1856 2s and the per-
centagc OF profit 70.S1. this being less
than normal owing to the charge against
production for mill construction, The
miIl treated 19SlS tons. an average of
almost $40 tons daily the average value.
OF milling ore being $32,S9 per ton. the
value OF ore miled being s651 .s6S, the
loss loss IN tailings S3i,2eO and the value real
izcd from the mill S62O,6
In the list of expenses for the month
are bullion TAX and marketing high
grade orc. $4,000: administration, etc,
81; 200; mining, sSl 900: transporta ton
marketing concentrate residues, S16000
construction. $4,000. and cost OF market
ing nigh grade ore, $4,000, making total
,,oSI goSIs ana losses 29sr26O In new de-
zool rect. equal 10 ono foot for u tons
mined. and all this work was In new
ground and yielded 1912 tons OF ore con-
tanning an average OF 1.63 ounces gold
per ton.
The report states that the tonnage of
new ore exposed exceeded the amount
mined. but was Of lower grade than the
nlsh average extracted during the past
three months, The most interesting dis
coVery was on the 450-foot level Of the
Mohawk where an ore body was encoun-
tered between the Mohawk and the Red
Top shafts. This is apparently an en-
tirely. new ore shoot. says the report.
and has not previously been opened on
any level. 1t lies in the middle OF a sec
ton Of ground between the above-men-
TONED shafts which is about 500 feet
long. For some reason this tract has re
rnained uneXplored even at the surface,
Exploration is now being directed into
this orc shoot AT several points Mill
construction Is proceeding rapidly, with
practically all the material required now
that all the essential parts will be com |
pletcd hy July l. II Is expected that
materially Increased tonnage will be
treated during June. as ten additional
nave been repaired and placed in com |
mission. making eighty now in opera
ton. |
Construction in other directions is pro-
cecding as rapidly possible. The COM
pany is installing an elaborate system OF |
IRE, protection devices which Will insure
fire OF early April and will be designed
10 prevent fire in the mines as we'll as in
the mill Bulkheads and steel fire doors
VIII be Installed at many points. and a
generous suppl OF water will be avail
able in reservoir tanks near the summit |
Of Columbia mountain, With pipe lines
and eonduits ,running to all parts of the
chiefly of reinforced concrete and steel
The storage battery plant and giant
electric power will be completed early in
September. 1t will consist of two build
ngs and will house the electric depart
pent shops. now contained In the com
orcssor building. and will cost between
$50 900 and $4,000. l.. e Merwin the
,ompany's chief electrical engineer. has
Visited many of the largest plants of this
In the east and those of tn.
arse copper mines Of Michigan and Mon
ana. in search of new ideas in the per
ection Of plans for this plant, which will
ne designed to carry an average load of
oO-horsepower. The plant will contain
many entirely new features in the applI-
alton of methods for regulating. dis
ributing and economlzing power, and all
he shafts will be equipped with cleo
hosting machinery. Al
present the Mohawk hoist employs steam
>ower and the Clermout compressed air.