Show 0 TO CONTROL TUNGSTEN mining expositor ely nev desiring to secure a monopoly on the supply of tungsten in this country oscar E turner president of the ely central copper company and the of the ton opah mining company has successfully floated the united states tungsten company with three distinct groups of tungsten mines in white pine county as the basis of the incorporation articles of incorporation of the company which plans to control absolutely the tung sten market in the united states were prepared in philadelphia last week the company is organized under the laws of delaware and is capitalized for associated socia ted with mr turner in his new venture are a coterie of wealthy eastern financiers who have been interested with him in a number of profitable mining deals the first intimation that mr turner had succeeded in inter testing a syndicate of eastern capitalists in his tungsten properties in this country was received here today when a deed from 0 A turner to the united states tungsten company transferring title to fifty claims in the eastern part of the county was filed in the recorders office the properties that form the nucleus of turners latest corporation are situated at the hub about twelve miles south of osceola the deposits of tungsten in that district are said to be the largest in the world the tungsten mines at the hub were acquired last september from james H marriott a well known mining man and merchant at osceola mr turner received a deed to these holdings about two months ago the actual consideration was not made public but it believed to be in the neighborhood of A subsidiary corporation to the united States Tungsten company has already been organized it is known as the Hueber nite tungsten company and is formed under the laws of nevada the company owns a group group of claims on williams creek south of mt wheeler development work will be undertaken on these mines shortly the united states company also contro s twelve claims in the regan district in this coq country on which a bond and lease were taken last month by E L fletcher the local representative of 0 A turner the ground was formerly owned by casten olsen and G G sims the claims will be systematically developed under mr fletch ers supervision according to the terms of the lease he has the privilege of purchasing the group within a year for work of an extensive character has been prosecuted at the hug during the last year by mr fletcher and a large force of men have been employed in opening up those mines A mill and concentrator to treat the ores from the different properties owned by the turner interests is now in course of construction at the hub the plant will be capable of treating tons of crude ore a day |