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Show w y THE WESTERN MINERAL SURVEY, SALT LAKE CITY, T New York Bank Sees New Our Schedule for the Year Road Nevada Mine VICTORY! is the Password Being Built To Tungsten Mine Bright Future For Gold Work Shows Increases Lovelock, Nevada A (12,500 six mile strategic mine road la being built to the Long tungsten mine owned by the Rare Metals Corporation and located in the foothills of the Lower Hunboldt range, east of the Reservation ranch. Gravel la being used. . The road cornea directly into the Tule Camp. The funda were furnished by the federal government ana of the Bureau Roads asked the county to take a bulldoaer, Four trucks, charge. motor patrol and shovel are all ia under contract The county a furnishing the timber for bridge acroaa the Humboldt River. Ten miles each way Will be saved by the road. The ore la haulMetala mill at ed to the Rare Toulon, but at present ia being piled awaiting completion of the project County Commissioner Fred Preston is representing the in supervising county board- People Still Eager To Obtain Precious Metal NEW YORK, N. Y. The decision of the War Production Board In October suspending gold mining in this country for the duration of the war and the report of gold coins being used in some Instances by our troops in North Africa have supplied a curiously conflicting mixture of news about gold and has renewed discussion of the future of that important metal, says a report by the National City Bank. "The order suspending produc tion has been explained as a pureserving wealth, especially In ly manpower saving measure intimes of uncertainty and disordtended to release miners for uner. Gold coins, for example, derground copper and other have been selling consistently at metal mines where the ever since the premium shortage of labor is particularly heavy outbreak of the war in all maracute, it affects only the strictly kets where transactions are known to have taken place. The premiums on bar gold have been smaller, partly because frictions. As the secretaiy of the generally of rigid restrictions on sale at.d treasury pointed out, closing the partly because of high cost of gold mines would not mean any transportation, including marichange In the treasury gold buytime and war insurance. ing polity or In the prevailing In India, following the outprice of (35 a fine ounce," conbreak of war in the Peeific, bar tinues the report gold rose to about (40 a fine Gold Oatpat Lower ounce by the middle of DecemAs a result of these restricber 1941 and reached almost of 868 an ounce at the time of the world in tions the gold output 1942 probably will show the first Burma campaign in March 1943, decline since 1929. At least until with silver up from 50c to above the war is over, the peak year 72c an ounce. Premiums on la likely to be 1941, when the gold coin have ranged above world was estimated to have bar gold. In neutral countries on the periphery of the continent of mined some 40.7 million ounces of gold valued at (1,425400,000. Europe, to which much refugee During the first world war the capital has flown, premiums have declined also of likewise reached high levels. In gold production after reaching a temporary peak Lisbon, for example, gold coins in 1915. That decline however command premiums ranging 150 waa brought 'about primarily by to 200 per cent, while In Turkey, the rise in production costs. which is now going through an "Much has been made of the Inflationary price rise, gold ia counalleged ability of certain selling in a free market at preto get miums of from 300 to 400 per tries, notably Germany, of without frequent cent. gold: along Gold At (31 Aa Ounce prodictions from coui tries themselves deficient in gold, of the From Latin America, too, have come scattered reports of passing of gold and Its monetary transactions in gold at premium functions; and of the abnormal concentration of gold in the prices, though amounts involved are understood to have been United States which some people saw as a plot on the part of formall, in Argentina, which has us sell no to their restrictions on either the imeign countries dewould then or which gold port they export of gold, gold coins were quoted last May on the clare valueless, leaving us holdbasis of the about (51 and gold oars bag. ing "More recently the credit at (42 a fine ounce, with quotalend-leas-e involved in tions last month at (47 and (38 Ten-dohave been Interpreted by respectively. sr gold some as further evidence of the eagles were quoted In Habana diminishing importance of gold. last April at tne equivalent OF To quote one commentator, "This (42 a fine ounce with gold imis the prosaio end of something but ports free Of restrictions has been second only to love exports subject to 15 per cent that ' the hunger of the human race. tax. Small dealings In United e don't need gold now, except States gold coins have bean refOr filling teeth ported in Panama at a premium of 100 per cent. Gold Sufi Wanted such "The foregoing examples nf "Nevertheless, despite a eagerness on the part nf people pessimistic pronouncements, reto loubtleas review of wartime experience vget gold and veals very good reasons against theve .are many more examples of that consigning might te cited wouldreem any premature T" th Hfr.rlciM.tnrt r.yiWt-lt- s Tflr. attraction ails secure first place, the limitation of gold none of wealth in disturbed production In this country and store of and governfn Canada, is aa had been said, time. Economists ments with an ax to grind may a purely emergency measure, theorize all they like about do--, only temporary, designed to conserve manpower and materials ing away with gold, but mansla for needs more immediately vital faith in gold persists and It which has to the war. precisely this faith made gold the beet standard of "Secondly, a decision to reduce gold production temporarily in value and monetary base that has it order to increase capacity for yet been devised. Certainly seems unrealistic . to talk about copper, lead and sine required gold not being wanted when peofor war need no more be considered evidence of lack of regard ple are paying premium prices to for gold than a decision to ex- get it, and when government the themselves are hoarding it and change some of the gold in to allow free redempmonetary stock for such mater-is unwillingcurrencies for fear that tion of ials purchased abroad. This the people will come and, take too especially true where the gold holdings are as large as in the much of it" United States. "A third, and much more important reason for disbelieving that gold has gone out of date lies in the kind of thing illustrated by the use being made of gold try our forces in North AfriWENDEN, Aria. Operations ca. There it is being demonstrated under way at the Critic mine in universal the is that gold again Cunningham Pass include concurrency, prised above all other struction of a headframe, repairand certain to be accepted where ing of the shaft to the 400 foot all forms of paper money are unlevel, repairing the 300 foot level der suspicion. of the drift, and further drifting. Sells at The Critic recently waa allowed - "And this is not the only illusa $5,000 RFC loan to prepare the cited. Everytration that can be property for future development is where that there opportunity Tne property la owned by Rhothere la manifestation of the age-olde H. Nobtecnek, Wenden, and instinct of mankind to seek- has been in operation elnce 1917. gold as the surest means of preThe mine 1 opened to the 485 foot level end carries values in silver and copper.' There ia WESTERN MINERAL gold, a mill which may be used after JANUARY 1, 1943 UTAH. non-ferro- Comstock Lode Firms Resume Gold Activity GOLDFIELD Nevada Prospectors Suggest New Political Slogan ( In Every Pan Is Very Catchy Phrase, Writer Believes A Nugget r It is rumored that certain Nevada miners and prospectozj . . the undertaking: ped gold mining. Most of the miners in the Virginia City area are elderly and for transfer to not available copper or other strategic metal to opproperties, according erators. Silver la the chief product of Comstock Lode mines and the white metal haa become Senator Explains Stand On Silver Legislation Investigation Of Golconda Area Conducted Advices from Washington this week confirm tha recent report that the government ia beginning to be more liberal to the mine own-er- a and operator! of Nevada, as wall aa to those of the other ten mineral western producing states. Granted permission by the War Production Board to continue operations, mining companies on the historic Comdestock Lode have resumed operatvelopment work and are ing their plants on silver-gol-d ore. The famed lode, producer sliver of about (500400400 in and gold, was exempted recentroom which order the stoply GOLCONDA Nev-- Since the of the gold properties, the dosing Adeliide-Crow-n management has beeu Investigating the possibilities of lead, silver and. sine Golconda In the area around with the idee of Installing lead and zinc flotation circuits in the mill to treat cusThe tom ore. present plant,, an important war product. It ia reported in Virginia City that the new situation will permit steady (mention of the large Declares Production Has Always Been Available For War Effort tlon which has been released only e on a basis. This it remains in existence and can eventually be returned. Thousands of tons of additional silver per month have been flowing from the treasury Into war industry and are' being consumed. This fact has been clouded, confused, and obscured in publicity calculated to break the treasury price on liver and make it cheaper for (Continued From Page One) gold-silve- r lend-leas- anti- mills owned by Cons. Chollar, Gould and Savage, Dayton Cons. other major comMines and panies. The Dayton plant was treating large amounts of .ore from small mines worked by leasers before gold production was halted, receiving shipments from a radius approximating 400 miles. Tha Comstock Lode haa been producing silver and gold- for more than 80 yean and Virginia City, Gold Hiu, Silver City, and other historic towns an absolutely dependent on the mines for their existence. Opera ton re port that future activities will be hampered by a labor shortage aa moat of the younger miners have either been drafted or are negaged in war work. As was reported in a recent issue of The Goldfield News, a mine which ia aaid to have a bright future, located in the Cupshort distance south rite area, of Goldfield, has been grantaid to the ed government amount of several thousand dol- dissatisfied with the present administration, are' planning to plane engines, torpedoes, which la equipped for (yanlda-tlonaircraft guns, and other vital organize a new national political party to compete with' our. is capable of handling 400 weapons because there has been two old standbys in the 1944 election,, according to C. R. Ter- tons of ore daily. no shortage of silver for those or any other war production purClyde T. Harvey of Golconda is rell, well known Nevada mining writer. Their slogan, it is said, general superintendent and Roy poses. '100,000 tons of Governmenis A Nugget In Every Fan.' A. Hardy of Reno National t-owned silver' did not 'lie owner. is the sloBank Reno: Now a new party with a Blag, idle in the vault at West Point, your life will not be worth' a obmade to ere la being gan like this very likely to go dime If it is suspected you car- Efforts N. Y. at the time this article tain government nelp. to install went to press, as 47400 tons of a long wavs. What could be ry gold with you. The same apcircuits. flotation the more appealing than a battle cry plies to the Australian bush, to that silver was at that time, and a nugget in evof this nature tha South American Jungle, to manufacturers. still la, being transferred' for use com Mr. naFerrell the African desert asks, where the McCarran ery pen?" Senator in the war effort at the rate of quoted tive! no know and have tinulng. facta and figures in his. state188 tons a day, or approximately English, True, our eastern friends are never seen a gold coin. Gold la a ment from WPB. directors, and 5400 tons a month. Some of the not acquainted with the technical magic word it now remains to '100400 tons' of silver bullion treasury records. be seen what the United States slant of this slogan and may misHe explained that In lta purform in the Treasury, approxitake it to mean that every mornwith its government plana chases of silver, the treasury 40,000 tons, forms a part mately had made a profit of more ing for breakfast each man would enormous hoard of gold in the of the monetary reserves of this find a nice; fresh, golden egg in way of world rehabilitation at than (l.OOa 000,000, and that in "aNGELES, will probably and Government, Calif. a LOS the dose of the present war. ounces ware the pan. And, using the present remain where It la unless and 1942 11Q400400 group of Santa Barbara County Imported and 60,000,000 ounces price of eggs as a criterion, he Used wisely this gold can largeneeded for use In war inuntil makbe to is investors reported ly prevent the economic disast would not be very much off, Fact were obtained from domeatlcal-mlne- d When and If such bulsure to follow the end of the war, ing preparations for opening up dustries. He declared silver. is, it now requires a lion silver la needed for war inat old deposit the quicksilver not In here America, but ail manufacturers of non-crionly nugget to buy one egg. dustries, there ia not a member cal t items Red Rock some distance below over the world, it la a powerful Bought to lower the lars. 8hluy Silver Dollars Gibraltar Dam which supplies of the United States S4nato who weapon, this gold of ours, either price from (149 to 43 centa an Reports from other we tern When tme is handed a bunch Santa Barbara with domestic will oppose such use of In time of war or peace. Lets an arrangeand totes are to the effect that aid ounce, though The of use of silver dollars these days by roe what la known aa mine The water. purposes. ment with WPB they now ia being given when evidence Congress does with It. a merchant making change, moat nickel in la in situated and the and Los tin, Prietos copper Leaser oould obtain plenty of silver la satisfactory vmwiI that the appliof the coins are bright and shiny war effort has not ceased since Santa Ynea canyon. It was disAbout Might months age Paul cant has a good possibility of objected to the price. war industries began using silver butSenator in fact they appear to have Martin, wye covered by Jose Morgan in 1860 McCarran explained County miner, took turning hla Troperty Into a pocome from the mint In the last nor will their use cease aa long lease m the Van Ness qulck-ve- r and was operated with considhow eastern people had been tential profitable producer of week or two. But look at the success until about 1874. aa those metala are available. erable bemisled by magazine articles prffcwrty owned by John tnteglc metala. Silver was used In our defense mint date likely the dollar you In Cachuma Canyon, some discause they were unfamiliar arfJL Honter William of Los Prietos, an are examining will prove to be Connolly the to Harbor 'Pear and from tance prim: plants T minwith the nature of silver Tonqpah. of the mintage of twenty years an altitude operating organization ia work- 1 the demand for, this metal has-- ing. He outlined how almost 19 miners on quicksilver and or more ago. since our , increased Minhattan ing greatly all . sliver . mines --find silver, la - Tlni UAdue ta tiw fact1 flkatwenVkirtr- - wbrking' at ca-pants ent on a 'war combination with many strateISIeftf some uve mom a that So the demand of l with basis. amount the has for gic metala, the silver often payprospect paefty, or so each past yean a vast When Martin ' third retort will soon be in- tin, copper and nickel Increased silver went into coinage but the took his leauyear. there was little ore stalled. ing for the mining operation. WINNEMUCCA Nev. Capt. aa well circulation. into other and never coins got in sight ,tyat the' property was strategic If silver alone were to be taken Leverett Davis flew here from critical metals and minerals." They were stacked by the ton in equipped with good buildings, refrom these mines, he declared In home his Boise continued and some government vault, and held torts, etc. He liked the looks of No Objection that' less than one In ten of to the BrechteL Murphy A Othere until such time a there the setup, and promptly went to "None of the Western senators uch mines could operate end tungsten property at Pole aHbuld be a shortage, or an work the price of silver, a strategic Leary object to the use of the nations Canyon in tha Eugene Range on demand for silver coins. He worked all summer, but is above soar metal itself, would silver to full extent, to further an inspection trip. He leased the now closing down for the winWell, this demand has reached the war efforts," he declared. (540 an, ounce. with an option to buy property the storage vaults, and millions ter. To date he has produced and last June. Silver powders can be formed It has at all times been available,. of silver dollars have lately been reAll A hipped something over 89,000 Imported silver has been compressor, drills apd other into heavy duty bearings by released and poured. into trade worth of quicksilver, and has served for the war effort by a Loan Approved machinery are being stored at compression and sintering techchannels. These dollars are now ample ore in sight for WPB Patent 8. 1942, of U. 29, directive Mill City awaiting completion of July ARCO, Idaho To be used In steady opniques covered by eration next spring when he rein which has been bitterly opposed being distributed in California, road. O. E. Pothler is in charge 2.294,404, it ia reported the opening further of lta and also art to be found in many sume! operation. At no time did No. edited of civilian, of work at the tungsten property the manufacturers Powder News, Lava Metal by In the the mine Avhe employ more than eastern cities. Perhaps Mr. The only three by Charles Hardy. and houses are being built end the near products. Creek district here, Inmen. end would have produced erage American will become. An important aspect, of this restriction on the use of this silEra Mining A Development C o. other work being done in prefrom 81500 to( 2000. additional time, aa silver conscious as resiver, is the actual metal held to la reported to have been grantmethod is that finely divided paration for beginning operation western states, had not his crew left him when dents of the bade up the currency in clrcula at. the mine. ed a federal loan of $10,000. lead powder can be admixed a usual are dollars silver the snowstorm swept over the des-when with the silver powder to procountry about five weeks ago. vide improved lubrication qualthing. looked It like Miaes Gold winter was setting ities in the finished part Lost In then, and the men pulled The number of Tost gold out. It turned warm shortly after, but mines is legion. Only trouble is e tales, Martin waa loth to gamble on Schools Benefit with the major the mine ia never found again. the weather and start the mine I've made quite a study of this up. From OU Royalties lost mine proposition, and have , a e come to the conclusion that the CHEYENNE, Wyo- - Total of average lost gold mine is merely $50144042 has been distributed the figment of somebody's nimto schools in oil royalties, bonusble imagination. Or. it is possible es and rentals, it was announcthe Western Mineral Survey for reports on that the original discovery coned last week by the state departThis sum sisted of a small bunch or pocket ment of education. of rich we, which later assumed Mining and Oil developments in the West. represents half of Wyoming's received revenue oil of fantastic proportions in the findshare VIRGINIA CITY, Nev. ExJune 8a er's distorted mind. empt from the War Production for the year ending The other half want to the state Undoubtedly, however, some of Board's order closing gold mines, e Stories of Early Day Camps stories are baaed these the mines on the Comstock mine highway department, the state on fact Charles Joseph, Tono-pa- h here, one of the most famous university and countlee, directly. The 1930 share of (142742549 and Divide miner end leaser, areas In the history of Metal Markets Taxes above waa the last payment some years ago knocked soma will remain In operation.mining Anyear. being overhauled. nouncement of the permasion to (1400400 prior to this receivquarts fragments from an outSURVEY The highest royalty fund Methods of Modern Mining cropping he ran across one day continue wia made by Rep. ed by the state waa (4,223,-208.6-3 TEL. out near Rovstpn. It waa snowEAST 1ST SOUTH James G. Scrughim. 4 For Prospecting 1924. in and he time at Entered os second doe tetter at Salt the merely The ing very existence of Tariff Problems nk CUr. Utah under Act at March S. pocketed the pieces of quartz, City would bo doomed had Tungsten Started looked around to brient himself, this order been applied to the WALLACE.' Ida The Canyon and went on down to his car Comstock," Scrughem said, Production Ha the whole payroll of the Corp. of South Dakota which parked in the sagebrush. Ken-nan the town depends upon the mine." ' recently purchased dropped the quartz fragments inS, E. C. Comments to the car pocket and promptly gold property at the bead According .to testimony preent EDGAR & HILL Menoeinq Editor. WalWICKENBURG. of Pony Gulch between sented to the WPB, 97 per cent forgot them. at Diamond rata the to started lace has and Murray, of the mine's output la silver production Over a year later he decided AUtero- e- teteggEffLabor Joe mine- - U miles northeast of the tntcrwniatala prospecting operationsof in an efrepair the door of his car, and and most of the men employed The Western Mineral Surrey. is reported to be 53 tons fort a to locate here, tungsten down inside the door found the there are elderly. body AS aswe amarine fat the w of ore weekly.. Values are in ore. L. B. Eames of Deadwood. I obtained tea sources be specimens he had found out near eni Saver lead and silver. The property 8. D-- , is manager. liered to be rsUnbls bat as respeoeibUitT He picked up one of Royaton. is owned by the Diamond Joe Is nmieM 1m aeeutacr el eteteeiente. The Canyon Corp. controls the the bits of rock and was amazed Rio Vista To Be FILL OUT AND MAIL THIS COUPON TODAY Mining Co. and waa leased reaitland gold min with it find to sprinkled liberally to C. D. Howe of Scene cently in the Black Hills a: Of out for headed he Elated, Activity Arts. Four men art being Spods Stqmps Seals owner of tungsten ground there gold. the spot where he had found the' employed at tha Diamond Joe. which the government engineers Aria. PARKER, is Development still and looking outcropping WESTERN MINERAL SURVEY are now investigating. work will' be started immidlstaly for it He Charles Joseph is a well known at the Rio Vista mine as the re22Vi East First South St., Salt Laka City, Utah , sult of the recent approval of a Company Expands STOCK CERTIFICATES New Mexico Mine miner, bis work is good at any (3,000 RFC loan On to the Yuma Calif. BISHOP, According CORPORATION SEALS Gentlemen: time, and this little story of his County property. The mine conreports, Panamlnaa Inc. is plania the absolute truth. On such Producing Ore sists of is unpatented lode minning to increase the crew, at its in payment for Stories as this, possibly, many of Enclosed find years siib- ing claims with values in gold Adamson tungsten mne from incidents are based. HANOVER, N. M. The Black our ana la and Ire H. owned men 150 WESTERN for MINERAL copper 40 SURVEY. to to tha operations emccription ft Range Development Co., la Quien sabe; M. Osborne et al, Box 1587, Part SALT LAKE STAMP COMPANY this winter. The property is ploying 25 men at its mine in Gol4-- l Universal Word Aria. 4r, SAUbCV near Bishop. of Now Black the Range district Fiva Months $1.00. One Year $2.00; Foreign, $2,50. perhape the only word known Mexico end production of sine-lea- d Two Yaara $3.00 ore is being carried on at throughout the world to all peoregard the rate of 30 tone dally. The ore ple who know its value, Mention less of tongue its gold. la being skipped to the mill of the word "gold" at any place NAME the Black Hawk Cons. Mines on where men congreearth las MINING MAPS MADE BRASS leads Co. plant hero for treatment Ira have and Immediately you gate L. Wright Box 774, Silver City, STREET an audlepca. This Is ope word N. M.. la president of the Black PimM AltaOaa Gives Matt Olden ENLARGEMENTS SKETCHES atira that tha thoughts and imagRange firm. ination of all people whether CITY an individual or a nation. Men, tion tha word gold on an Insignificant river landing at some reSTATE Writ 1829 Downfngton Ava. mote point In China, end men who hear it spoken prick up SALT LAKE CITY Mines their can and tha look in their eyes becomes greedy and calcuFait Building, Saif Laka City lating. Whisper It before a gathering of African negroes, and Don-critic- Old Red Rock Property May Be Developed to-d- fair-size- d ti . Work Planned At TunggexrMire'' I - r? . Silver Used In Heavy Bearings al f' ; . , ' non-critlc- , rt Loan Provides Repair Fund lost-min- mJCnow Famous Old Camp Gets New Lease On Life eZ)on t CjueSS JQead authentic d lost-min- - 22-2- Vlr-gini- s SrtHnJSMnfS "be-caus- Diamod Joe Yielding Ore Statistics Arix-Pres- - Yar-nel- lost-mi- .... - W. F. SNYDER & SONS V ( I .. 0 |