The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-12-29
GOOD CONDITION Of
BINGHAM MINES
President Graves and Director
Sweet End Weeks Visit
10 Properties.
EARNINGS RETIRE BONDS
Energetic Campaign Planned
for All the Properties of
the Company,
EARNINGS RETIRE BONDS

President j. p Graves and Director
Henry " Sweet Of Boston, OF the Bins-
ham Mines company. completed weeks
visit 70 Utah Thursdsy proceeding on
their way 20 Los Anseles after giving
the mining properties OF their company
In Bingham ana Tintc a close and highly
satisfactory inspection. President Graves
was seen by The Tribune shortly before
his departure, and he expressed himself
az extremely we'll satisfied with all the
mines.
Tho past wear, rointed out Mr. Graves,
was decidedly good ono, aud the year
1917 gives every promirc OF being iar|
more satisfactory The net earnings DUR
ing lfil OF the Bingham Mines company
viii reach about Sso.00n, aud this Is
after the 1aymcnt OF al operating OK
penSos. eastern office expenses and the
interest or The first mortgage bonds. This
$4,000 win ho available, therefore for
the purpose of retiring that amount In
bonds. thereby reducing Interest charges
during 1912.
Affairs at Bingham.
vt Bingham during the past year The
Dalton & Lark mine was ono OF the
steady orc producers OF the company, the
Commercial mine being the only ono that
failed in bringing shoUt splendid results
The trouble at the Commercial mine was
bssei entirely gpon the necessity OF
saiftin~ operating locations 10 the Nj
sfsra tunnel mouth, meaning The re-
movsl ~ equipment and buildings ana
the connections between tho deeper level
newly gained by this arrangement and
the old workings.
But this work is completed now. and
level has just encountered the CONNER
cisl vciu so recent WIS this disrov-
cry made that the ASSAYS Of rock extract
Cd from the vein were not available yes
ierdsy. II this vein proves up io ca"n
expectation Of the officials this old minc
viii be shipping ore steadily shortly. aud
there arc at least 200 feet ot stopping
ground At tho disposal al The manage
ment This change of operating tunnels
places the Bingham Mines i'm n far more
satisfactory condition for orc extraction
and development. The company does
not have 10 hoist any material nor Is
there the necessity of pumping. and the
closer touch with the railroad line elm
mates the delays for empty cars and
quite often under the old arrangement
The Commercial mine. therefore. begins
the ncw year IN shape for results.
Dalton & Lark.
~ the Dalton & Lark results have
exceeded expectations during 1911, cs-
in all tho mines OF this company, the
management will increase It's develop
mont work there from now on paying
especial attention TO tho Dalton & Lark
depths IN developing the ore bodies mined
ou tho levels ABOVE during the years gone
past. one especially interesting piece or
work viii he directed along the Brook
lyn veins 20 tho far western section oi
the property, drifts being. sent forward
now on the 1850 and 1850 levels.
Arrangements were completed during
this visit. stated Mr.. Graves, for rcsum-
Ing Development work on the Yosemite
mine Ci Bingham. This work Will be
sent out from the Mascotte tunnel level
and IL is planned to raise the 1900 feet
#louS the dip of the big vein 10 the DOT
tom Of the upper workings. Nh this DIS
lance VIII be IN absolutely virgin terri
tory and results are expected carly.
Eagle & Blue Bell.
II is at the Eagle Il Blue Bell prop
cTty Of Tinlic. however. that the Off
cials found conditions far more crafty
ing than they have ever been In the
OF wjnZes the management has opened
= splendid grade OF ore for pracucaily
SOC fcet below the 1000 level. and the
nic Is so certainly demonstrated under
foot that there x no doubt whatever en-
iertained OF finding this orc TO cver-in,
creasin- depth.
This BODY Is quite enormous, pointed
out Mr.. Graves for while IL has been de-
sgcmcnt considers The trend, and ore
shows for a thickness Of ten 10 thirty
five feet. tho real extent OF the resource
las not been determined in any direc-
ton. During the month Of December
there have been lwcntN-scyeD cars or
this ore extracted and shipped 10 market.
which ociiDses any record SO lar achieved
Ia this mine The shaft Is to be con-
iinusd from it's present depth 10 the 1900
level: meanwhile the development work
via tho wines will be continued, ana
should this Wine effort result as Is con-
ddently anticipated, the shaft Will oc
continued Without delay after the 1900
'rhc ofdcials. therefore. leave with a
most favorable impression OF all their
Utah points