Utah Consolidated Mining Co. - Stock Certificate - Mining Stocks For Sale


Utah Consolidated Mining Co. - Stock Certificate - Mining Stocks
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Utah Consolidated Mining Co. - Stock Certificate - Mining Stocks:
$80.00

Stock printed by Franklin Lee Bank Note Co., NY. Please specify color. Utah Consolidated Mining Company worked several claims in in the Carr Fork branch of Bingham Canyon. It started as the Highland Boy mine, and the surface structures of the Highland Boy mine remained as the symbol of the mining company\'s operations. In its early years, Utah Consolidated shipped its ore to local mills and smelters by way of team and wagon, by aerial tramway down to Bingham, by railroad cars via the Copper Belt railroad\'s spur in Carr Fork In later years, the company shipped its ore by way of aerial tramway to the International smelter on the other side of the Oquirrh mountains, near Tooele. Utah Consolidated later became part of the Utah Metals and Tunnel Company, which itself was later included as part of the Utah Delaware Mining Company and the National Tunnel and Mine Company. This latter company shipped its ore to the International smelter by way of the Elton Tunnel, completed in 1941. In August 1941, the Elton Tunnel opened as a way to transport the ore from the mines in Carr Fork, underground through the 4.5 mile tunnel, to a spur on the Tooele Valley Railway for shipment to the International smelter. In 1896 Samuel Newhouse began development of the Highland Boy Mine, a mine that had been staked out in 1873. He and his associates formed the Utah Consolidated Gold Mines, Ltd. in Great Britain to promote their interests there. While exploring for gold, large amounts of copper were found and a smelter was soon planned. A smelter with an input capacity of 250 tons per day was completed in May 1899 and was the first copper smelter to be built in Utah. Standard Oil interests purchased control of the company from Newhouse and his associates, also in May 1899, and reorganized the company as the Utah Consolidated Mining Company. In 1898, Newhouse purchased an adjoining group of claims covering 350 acres and organized the Boston Consolidated Mining Company in New York City in November 1898. The following comes from the 1914 issue of Poor\'s Manual of Industrials: UTAH CONSOLIDATED MINING Co. -- Incorporated March 4, 1903, in New Jersey, as successor to the Utah Consolidated Gold Mines, Ltd,. a British corporation. Lands, thirty-one claims, 239 acres, known as the Highland Boy group, in Carr Fork Canon, about 2-1/2 miles from Bingham Canyon, Salt Lake County, Utah. The property has several ore bodies, the largest being approximately 320 ft. in extreme width, by 340 ft. in length. Ores are sulphide, and carry iron, silica and sulphur, rendering them self-fluxing. The mine is open by a 900-ft. shaft and seven tunnels of 1,000 ft. to 2,500 ft. length. Extraction is largely through the lowest tunnel, No. 7, which is 700 ft. below the crest of the mountain. All tunnels are connected, and ore is milled down to the bottom tunnel for removal. A 12,700-ft. aerial tram leads from the portal of No. 7 tunnel to ore-bins on the Denver and Rio Grande RR. There is a subsidiary tram, crossing Car Fork Canon, used for handling lumber and mining supplies. During the fiscal year ended Dec. Item ordered may not be exact piece shown. All original and authentic.

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