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slmr 1917 jan 15 silver king

slmr 1917 jan 15 silver king

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Published by Russell Hartill

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Published by: Russell Hartill on Jun 21, 2010
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parkcityprosperousin
in1916
BYJEROMEBIRELAND
didtheaveragesaltlakerevertake
timetoconsidertheimportantrolewhich
has
aas
beenplayedbythegreatsilvercamp
ofparkcityinthegrowth anddevelop-
mentofthiscity
ifnotlethimlookup
ud
thehistoryofourwealthy menthemen
whohavebul
built
itfinehomeshereandwho
arebackofthegreatbusinessenterprises

andhewillbesurprisedatthenumberwho laidthefoundationsoftheirfortunesinthe minesofthatdistrictfornearlyforty

yearsthecamphaspouredoutastreamof
newwealthtobeimmediatelyabsorbedand
convertedtotheusesofmankindandcalr
mak-
ingtheentireworldricherto theamount
ofitsshipmentsofthemetalsandthe
greaterpercentageofthisnewwealthhas
cometosaltlakeandhasbeenspenthere
orinvestedinthiscitythecamphaspaid
enoughindividendstomakethreeorfour
louisianapurchasesandhaspaidoutas
muchmoreformachineryandwagesin
factitisstillacommonoccurrencetohear
theanswer
ohlie
hemade hismoneyin
parkcityinreplytocertainquestions
olis
oneisalmostledtobelievethateveryone
whoeverlivedthereisoroughttobe
wealthy
decreasedtonnage
althoughthefiguresarenotallinat
thiswritingitisevidentthattherehasbeen
adecrease ofnearly10percentintheluu
nageshippedduring
ascomparedwith
theprecedingyearthisisduealmosten-
tirelytothefactthatsomeofthelargest
shippersarenowbuildinggnew millingplants
andareholdingbackalargetonnageawaiti-
ngtheircompletionitisinterestingto
notealsothatmorethanhalfof theton-
nagesentouthas beeninthe formofcon-
centrates
cen
totalshipmentsincludingcrude
oreandconcentratesareestimatedatap-
proximately
tonsfor1916
theywere
about
tonsin1915
howeverde-
spitethedecreaseinthetonnage theearni-
ngsoftheminesofthecampshowade-
cidedincreasepartlyduetotheadvance
inthepricesofmetalsandpartlyto the
factthatabettergradeoforewasshipped
thanintheprecedingyear
practicallyallof theheaviestproducers
ofparkcityhavetheirownmillingplants
whichfactmakesitdifficulttolearnthe
exacttonnageproducedinanygivenlength
oftimeandthosewhichdidnotalready
havetheirownplantshavebeenengaged
duringrecentmonthsintheconstructionof
thesenecessaryadjunctstosuccessthree
newmillswerebuiltinthedistrictin1915
thebigfourbroadwateranddalywest
in1916thesilverkingconsolidatedbuilta
newplantandthejudgemining
smelting
smelling
Smelting
endstheyearwithanewelectrolyticzinc
plantrapidlynearingcompletionthebig
fourandbroadwatermillsalsowerere-
modeledandenlarged
bigworkundertakenbykingcon
yearsagothemanagementofthefa-
mousoldontariopointedthewaytothe
economicaldevelopmentoftheminesofthe
districtbythedrivingofalongdrainage
tunnelintoitsgroundthisexamplewas
emulatedmorerecentlybythejudgemin-
ing
smelting
smelling
Smeltingcompanythen thedaly
judgeinthedrivingofitsgreatsnake
creektunnelanotherprojectalongthe
samelinescommencedthepastsummer
andnowbeingpushedaheadasfastas
moneyandmencanaccomplishthetask
isthenewdrainageandtransportationtun-
nelofthesilverkingconsolidatedmining
companywhichisundertheablegeneral
rw
rW
wo
art
NA
X
ni
lookingupempirecanyonparkcityutahjudgeM
8tunnelatleftandmillatright
managementofsolonspiro ofsaltlake
thelongborewasstartednearthemouth
ofhhaynescanyonatthe siteofthecom
banysnewmillandwillbe extended
feettoopenupalltheknownandunknown
oreshootsinthegroundalthoughthe
workwasstartedlateinthesummeritis
alreadyinaboutonetenthofthe totaldis-
tanceplannedandisgoing aheadatthe
rateof
feetamonthitwillopenthe
parkcitylimeformation
atagreater
depththan haseverbeforebeendoneand
thegreatpossibilitiesoftheworkunder
waycouldnotwellbeoverestimated
overestimated
thecompanas
companysnewmillwasoriginally
theplantofthegrasselli
grassellchemicalcom
ppanl
an
itwasenlargedand remodeled during
thesummerandintheearlyfallthenew
machinerywasputinitconsistsof stand-
ardcrushingandgrindingmachines
con-
centrating
centratingtablesaballmillandoilnota-
tion
flota-
tionequipmentitisoffiftytonsdailyca
lacityand issodesignedthatmoreunits
canbeaddedasneededafterthenewtun
nelenterstheorebearingformationcon-
currentlywiththebuildingofthemillthe
companyconstructedanaerialtramway10
feetinlengthextendingfromthework-
ingsattheminetothenew plantthe
tramcarriesfiftytwobucketseachoffive
cubicfeetcapacityandmovesattherate
of
feetperminutegivingitacarrying
totaloftwentytonsanhouror
tonsa

daythecompanysaves75percentot theoriginalcostofshippingbywagonand morethan85percentonthecostofup

freightbesidestheinestimablevalueofbe-
ingabletokeepits transportationsystem
openbothwinterandsummer
importantorediscoveriesin1916enabled
thecompanytoclosetheyearwithmore
visibleandprobableorethanatanyprevi-
oustimeinitshistoryearlyintheyear
anincline fromthe1500tothe1625level
openedwhatiscalledthecarbonate
thisisabout
feetfrom themainore
channelandatapointwhereift
twasthought
thattheorewaspinchingoutthetonnage
fromthis

hasmorethanmadeup for theoreextractedfromthe formerreserves anditisextending stronglyinto virgin

grounditwasfoundlatein theyearthat
thisdepositcontainstwoseparatebeds
eachrunningfromtwotofourfeetin
iiithick-
nessalmost theentirebody beingofaship-
pinggradethisdepositis saidtobe1001
1000
feetlongandextendingfromthe1500to
the1700levelNume
numerous
fousotherfacesof
orehavebeenopenedonthegroundnot-
ablyonthe1800levelwhereanenormous
tonnageawaitsthetimewhenitwillbe
neededforthenewmill
shipmentsfromthekingconsolidated
duringtheyearwereapproximately
tonsthecompanypaidfourregularquar-
terlydividendsof10centsashareandan
extraof5centsatchristmastimemaking
theyearstotaldisbursements
and
bringingthegrandtotalforthecompany
toabovethemilliondollarmarkor1096
itissaidthatthepropertywillbe
producingattherateof
tonsofship
pingoreperday bynextsummerandthat
itsprospectswereneverbeforesobright
asnow
judgehasgreatyear
thejudgemining
smelting
smelling
Smeltingcompany
whichisareorganizationofthedalyjudge
miningcompanythereorganizationtaking
placeduring1916reportsthegreatestyear
ofitshistoryreportsofoperationsshow
greaterearningsandproductionthecon-
struction
structionandpracticalcompletionofa
electrolyticzincplanttheacquisi-

tionofthegreatsnakecreektunnel the installationofnewelectricalhoistingappar- atustheenlargementandextensionofthe

flotationprocessinthemainmill
milianda
generalroundingoutoftheaffairsof the
companywhichhasproventhemineto be
oneofthetrulygreatpropertiesofthe
west
earlyintheyeardirectorsofthecom-
panydecidedtotakeoverthesnakecreek
propertyuponwhichadrainagetunnel14
feetinlengthhadjustbeenfinishedto
thelineofthejudgegroundthisgreat
borewasdesignedfor thedrainageofthe
latterandwasrununderthesupervisionof
georgeWlambournegeneralmanagerfor
thejudgecompanythetunnelwillbecon-
nectedwiththeworkingsofthecompany
andwilldrain themtoadepthof
feetithasalreadyenabledthecompany
toworkthelower levelsprofitablyand
makesitpossibleto mineatgreatdepthin
thesouthwesterlyportionofthedistrict
thetunneliseightandonehalffeetin
widthsixandone halffeetinheightabove
therailsand hasawaterchannelthree
andonehalfby fourfeetit hasafallof
threeinchesto
feet andthewaterflow
atthetimeitreachedjudgegroundwas
gallonsaminute
thecompanas
companyselectrolyticzincsmelter
wascommencedlateinthesummerandwas
practicallycompletedattheendof theyear
itscostbetween
and
was
takencareofentirelybythesaleofstock
whichwasincreasedfrom
to

sharesatthetimeofreorganizationthe plantisdesignedtohandlefromthirtyto fortytonsoforeadayandwillturnout

fromfifteentoeighteentonsofrefinedspel-
terdailyitissimilartothegreatrefinery
oftheanacondacopperminingcompanyat
greatpalls
fallsmontanabutthejudgeplant
hasanumberofnewandoriginaldevices
theorewillbesubjectedtoaleachingpro-
cessandwillbeprecipitateduponaluminum
cathodeswhichareofarevolvingtypethe
depositionbeingcausedbyanelectriccur-
rentthecostofproducingrefinedspelter
bythemethodsemployedissaidtobenot
toexceed3centsapoundthecompanas
companys
concentrateswhichwillbehandledbythe
newplantaveragefromfortytofortyfive
percentzinc
mineoperationsarebeingcarriedonin
allpartsoftheminefromthe
tothe
2300levelwithoreopenedonallofthem
thecompanyhasdevelopedduringthepast
yearoneofthegreatesthighgrademilling

orebodieseverfoundinthestateithas beendriftedonforconsiderabledistances andopenedfromthe

tothe1200with
apparentlynolimitasyetfounditisin
virginterritoryandextendingoutintothe
bonanzaflatorsnakecreekground
otherdevelopmentsintheminehavebeen
onaparwiththisoneandthemanage-
mentstatesthatthereisnowmoreorein
sightthaneverbeforeinthehistoryOI
ofL
the
property
despitethegreatamountspentinnew
equipmentanddevelopmentandintheac-
quisitionofnewterritorythecompanyhas
paiditsstockholdersmoremoneyindivi-
dendsduringtheyearthaninanyformer
similarperiod
thecompanyhaspaid its

regularly quarterlydividendsof25centsa sharetheratewasnotraised butthe increaseinthecapitalstockcalled for largerdisbursementsafterthe reorganiza-

tionthetotalfor1916amountingto
ascomparedwith
in1915the
corporationsgrandtotalisnow
thebigfourmill
thebigfourexplorationcompanyat
thattimecontrolledbykirkleavellwell
knownconstructionengineersofsaltlake
placeditsbig
tonmillatatkinsonseven
milesbelowparkcityincommissiondur-
ingthesummer
Acompletedescription
ofthisplantwasgivenintheissueofau-
gust
oftheminingreviewitwas
designedtohandleover
tonsof
tailingsfromthegreatmillsofthecamp
andgavesatisfactoryextractionofvalues
fromthestartthegreatdumpsoftailings
areestimatedtocontainvaluesofabout
pertoninzincleadgoldandsilver
andtheestimatedprofitsarefiguredat2
atonmakingthenetvalueofthedumps
above
controlofthebigpour
fourcompanypassed
lateintheyeartointerestscloselyassoci-
atedwiththeunitedstatessmelting
smelling
Smeltingcom-
panynewdirectorselectedatthattime
includedWHeardleyofkansascity
missouriwhowasmadevicepresidentand
generalmanagerheismanagerforthe
unitedstatescompanyinthekansasmis-
souriandoklahomafield
SAblockwas
madeauditorandPEcoyleEPthomp-
sonandLBdavidsonallofbostonand
allassociatedwiththebigsmelting
smelling
smeltingcor-
poration
porationweremadedirectorsthenew
ownershavealreadyenlargedtheatkinson
planttoacapacityof1000tonsaday
otherpropertiesownedandunderdevelop-
mentbythebigfourarethequeenofthe
hillsminenearstocktonutahthetres
hermanosminecolumbusnewmexicothe
chinattimineleasedatshatter
shaftertexas
andbigslagdumpsnearketchumidaho
thecompanypaidtwodividendsof5
centsashareor
silverkingcoalitionspolicy
inreviewingtheoperationsofthegreat
silverkingcoalitionforthepastyearone
ofitsofficersrecentlyhadthefollowingto
saytherearemorethan
milesoftun-
nelsinthepresentworkingsandofthe
vastholdingsofthecompanyonlyabout
onethirdhasbeenexploredconnectingup
thevariouschannels hasresultedinthedis-
coveryofneworebodiesandtheventilation
ofthe mineismuchimprovedthemain
mail
depositshavebeenfollowedfor
feet
andanaverageproductionof
tonsof
oreperrunningfoothas
haribeenshownwith
anaveragevalueof
perton
thecompanyhasitsownsamplerand
millingplantof
tonsdailycapacity
everyimprovedmethodknowntomodern
miningandhandlingoforehasbeenintro-
ducedelectricmotorsareusedforhaul-
ingandthemine iselectricallyequipped
throughoutthesilverhillshaft1670
feetfromthe surfaceand
feetfrom
theportalofthealliancetunnelisequipped
withcompressorswitchboardelectricalap-
pliances
anceshoistcableandallnecessaryap-
paratusforathreecompartmentshaftan
importantimprovementoftheyearisthe
constructionofanundergroundstationin
thesolidrockitisoneofthelargestin
thewestandconsistsofthreeroomsthe
roofarchofthestationisellipticalandit
aswell asthewallsareofheavyreinforced
concreteadjoiningthecompressorroom
istheengineroomfortytwofeetlongby
thirtyfivefeetwideandrisinginheight
fromtwelvefeetatthebacktofiftyfour
feetattheshafttheremainingchamber
isthatexcavatedfortheheadframewhich
isthirtyeightanda half feethighwitha
spreadoftwentyfivefeetfromfrontto
backandawidthoftwentyeightfeetthe
roomsarefinishedwithsmoothwhitece-
mentplasterandarewelllightedbyelec
lec
triciti
tricity
thecompanyhasalwaysfollowedthe
policyoftakingcareofitsemployees dur-
ingdulltimesandinthe badslumpof
1914andalonginto1915itkeptpractically
itsentireforceof
menatworkdoing
developmentworkandputtinginimprove-
mentsthis
aliisworkhasbeenofgreatbene-
fitduringthepastyearand hasenabled
thecompanytoshiptheusualheavyton-
nage
thekingcoalitionpaiditsregularquar-
terlydividendsof15centspershareduring
theyeardisbursingatotalof
thesetogetherwithadividendforthe
sameamountpaidonnewyearsday
broughtthegrandtotalforthecompanyto
thetotaldividendsofthe
greatontariothelastofwhichwaspaidin
1902are
thispropertyhas
heldtheleadinthecampforaperiodof
fortyyearsbutthekingcoalitionwillpush

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