Show TONOPAH MINING COMPANY miner tonopah To nev for some time the tonopah mining companas comp anys mine has held the front rank as a producer of gold and silver sever in the country on account of its enormous production of the precious metals but large as the production has been in the past the future promises even greater returns little by little the improvements made in the companas comp anys stamp mill have been increasing the efficiency fici ency of that plant until now it is the peer of all considering the class of ore treated the average extraction now being between 92 and 93 per bent cent added to this most favorable favo rabe showing is the constant improvement pro liro taking place in the mine which is not only showing an increased tonnage but is yielding better average values As a result of the conditions in the mine and mill the company reports the heaviest earnings during april for any month in its history the net earnings being as against the previous high mark for any one month during april a total of tons of ore were milled and treated the average gross value of the ore being 2265 per ton while these large net earnings are attributable in part to the increase in the price of silver the potent factor was the better grade of ore coming from the mine and the ex axce celent lent work of the mill notwithstanding the record made last month the present month promises even better results judging from the returns already received the shipment of bullion and concentrates for may so far being as follows tons of bul bullion ion valued at and ninety three tons of concentrates valued at or a total of when it is considered that after deducting mining mil miling ing office and all possible costs the net profits are over 50 per cent of the gross production it is easy to figure out why tonopah mining stock is eagerly sought by the conservative buyer and why the famous mizpah mine stands at the head of the list lof bf gold and si silver iver producers |