The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-01-02
GOLDF|ELD CONS
RECORD FOR 1903
Consolidated Mines Made Net
Profits of Five Million
Dollars.
NEW MACHINERY IN
OPERATION In NINE
Mohawk Lcasers Open High
Grade Milling Ore in Old
Slopes.
Special to The Tribune.

GoLDFIEI.D. New. Jan. IA tabU-
lated compilation showing the production
of tho Consolidated Mines company in
1909 places the gross output at 22L7oV
tons of ore, the gross value OF which was
SS,ll7.il2. Final returns arc not ye;
available. and il is probable that the real
,lCurcs VIII exceed these. The net profits
for the year including conservative esti-
mates for December, with Il considerable
amount of bullion for which returns have
not been received. are placed at 50 900.
and dividends have boen declared during
the year, tho last OF which. 80 cents a
share. was paid January /. amounting
TO $4,9Sl ,52s. The total expense OF opera
ton during the year which is charged
at so much per ton against product tion
was S2.199 400. This item covers mining
transporta tion, milling. new development
together with office and general expense
and the upkGep of the company,s railroad.
Tho official report OF General Manager
Mackenzie for tho month Of November
Just issued. shows production OF ~
average OF S37.57 PCT ton. with, an. e%-
traction OF nearly 81 per cent, this yield
ed net profits of $i9e 1878, or $25.92 per
ton. The total cost OF production was
sG.92 per ton, a heavier expense than
the normal. owing 10 the large amount Of
new development charged 10 this item,
month. Tho Clennont workings alone
produced 2S22 tons. containing S36I 20,
an average OF $3.50 per ton. This char
lower grade from other portions Of the
mines for treatment in order TO reduce
tho average 10 around SSI per ton. the
mcnt.
New Plant Installed
In the official report it Is stated that
all the new equipment Tor the mill, in
Guiding Chilean mills. concentrators,
classihers. etc, has been Installed and IL
now being adjusted, and by January
the plant will be operating at Increased
capacity and treating approXlmate tely 900
tons OF orc daily. Repairs in and near
the caved area Of the Hampton stope
have rendered these workings accessl-
ble from all levels and "a large pruduc-
ton is being made from this point, as
Well as elsewhere in the Combina tiun
mine. new stopc is opening up, good
orc above The 3S0-foot level. and Tic
Hampton. ore shoot has been opened for
The NTH level. Excellent results have
attended development farther south OH
The Combination No. . and near the
Large bodies Of high grade milling orc
arc being. developed near the old leases
Oh the Mohawk. and from these work
ings ore has been opened In tho old Mac
milan lease on the Gold Wedge. Dur
ing tho past month or more some OF the
richest slopes OF the Mohawk havo been
allowed 10 remain idle 10 compensate Tor
the large tonnage OF exceedingly rich ore
taken from the Clcrmont workings ot
the Jumbo. The long Slopes in the 260
south Drift on the Rcd Top and extend
lip lllNb tIlH LUCKY tlJlTn nave p''l
widcncd In places TO twenty and thirty
feet and are making 4 good production
tho ore being about the regular mill av-
crage. a raise which has been driven
and which crosscutS the vein shows al
one point n width of ffty feet the orc
averaging $40 per ton. This ore body Of
fers large area OF Stopping backs. The
new 33o-foot drift has exposed the same
orc and conditions as above.
Clcrmont Shaft Work.
From the Clcrmont shaft the northwest
lateral at GOO feet has not yet exposed
ore in quantity and drifts arc following
seams containing values. At an inter
mediate level $50 feet deep tho drift has
exposed 500 orc for a distance of 100
feet. 'rhe 150 level. the richest showing
in The mine. Is being developed by large
slopes and the indications from drifting
are fully maintained ard large produc-
t!on OF rich ore being made. At this
point the sill floors arc Twenty-Five feet
wide. al in high grade ore. Slopes arc
also started on tho 900 level with cx.
ccllont results. and showing deposits OF
great magnitude. Raises are being driven
TO connect the various levels and 10 pre-
pare for stopping on a gigantic scale. The
lO00-foot level should reach tho weir
within a short time