Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-12-17
THE ANAL GAMATED Pl0CHE.

~ the mining world Is one that
stands out strongly among them on
account OF the vast proportions 1t is
beginning to assume. This new mcr-
ger is the Amalgamated Phoebe Mines
and Shelters corporation, which Is
now nearing completion. This giant
merger contcmplates taking IN
the cream of the entire Phoebe dis
trict An estimate of the true worth
of the properties taken into the com
bine would be hard to make. Many
fortune has been taken out Of them
In the past and many a fortune yet re-
mains to be drawn from these great
treasure vaults. After almost 40 years
Phoebe is again in the lime light for
another great period of her history.
The merger takes in all the holdings
of the Nevada Utah Mines and Smeltcr
corporations in Nevada, the Ohio-ken'
lucky Consolidated Mining company
and all It's holdings, the Consolidated
Phoebe Mining company, and the Prince
Consolidated Mining company holdings,
including the famous Prince mine
three miles southwest Of Phoebe. which
engineers declare has SS,0OOOOD worth
of ore blocked out. The value of these
properties undoubtedly amounts to
many millions of dollars.
Several weeks ago the control OF the
Nevada Utah company was secured by
Ernest X. Woolcy of Salt Lake city,
who has the backing of n crowd of
wealthy eastern mining men. with
this company II consolidation was made
of the Consolidated Phoebe and Ohio
Kentucky interests Later the Prince
Consolidated was brought in and sew
oral others will enter the deal before 1t
Is completed The Phoebe King and
several others may he included.
AIDED CONSOLIDATION.
Through the years of ups and downs
| OF the Phoebe district Anthony H. Cod
| be and his brother. Ernest l.. Godbe,
| have firmly clung to their properties
| there, confident that some time the
| true merit of Phoebe would become
| known 1t was greatly through their
efforts that Mr.. Wooley has succeeded
| thus far In bringing about the merger
! Of the rich properties of the district.
| Although final agreements are now
being signed up, work on the proper
| ties Is being pushed with considerable
| vigor Tho Day mine in the Jack Rab-
| bit district has been opened up and
| Is shipping about car Of ore day.
| The railroad and mine have been put In
| first class condition.
| Along tho Raymond e Ely assure
| which parallels iuba dixie or Black
Ledge to the south of the town OF
| Phoebe. the great riches OF the carly
days in the camp were taken Tho old
mine cut the dixie IN many places, but
| as II was a sutld ore 1t WAS not thor
oughly opened up, In those days this
rich ore could not be treated. This
dixie runs almost due east and west,
Although II large amount of work was
done IN the dixie In search Of oXidzcd
ores and 5000 tons were put on the
dump. this great nincralzer and
~ virgin. a little southwest of Plochc
the dixie is cut dtagonally by south
cast and northwest contact, which has
been thoroughly minernlizcd. The orc
in both the contact and the dixie is II
zlnc-lead, carrying good silver and gold
values High grade zinc aud lead
products can be made by water con-
ccntratinn and any one Of number
of processes that have been tried will
operate successfully on this ore.
WORKING; ON LEDGE.
The Consolidated Phoebe Mining com
pany owns several thousand feet along
the Black Ledge and over loo fec;
along tho contact, Near whore tho con
tact aud tho ledge meet the No. /
shaft is being sunk. To one side Is the
Greenwood shut and to the other lie.
tho Susan Buster shaft of the old Ohio
| Kentucky. Under the suporintondcncy
| of William Lloyd the No. shaft has