Show CONTROL OF THE LUDWIG MINE nevada douglas people secure this great copper producer boston the mining and investment house of A J orem co boston and salt sal t lake city and representing the nevada inan managing aging douglas copper mining alining company of yering to lyon county nevada has just closed in behalf of that company the purchase of the ludwig copper company in the same camp whose properties are almost entirely surrounded by those of the nevada douglas the new acquisition negotiations for which have been pending for some time swells the nevada doug douglas las properties to approximately acres and 34 claims special interest attaches to the ludwig mines for many reasons they were located right after the war by an old german prospector who drifted south from the old comstock lode at virginia city about forty miles distant the mines being named after him the story goes that the prospector was grubstaked grub staked on the expedition by no less a person that samuel L clemens known to fame everywhere as mark twain who was pushing a pencil on a carson city newspaper the ludwig has had a remarkable history among its original owners was former united states senator jones one of the most remarkable men in many respects who was ever a member of that body probably no man is better known to either the politics or mining of the west than jones of nevada specimens of ores taken from the ludwig mines have been sent east and have rendered splendid service in advertising nevada as a copper producing state and the yerington camp in particular the mines bear the distinction of producing the most beautiful copper ores ever exhibited and stevens copper handbook for 1906 a recognized authority speaks of their excel 1 tio nally handsome malachite and azurite considerable quantities of which are sold to lapidaries lapi daries tiffany the celebrated diamond and gem cutter is said to buy these spec specimens and to use them as settings for rings and other jewelry many shrewd observers and prophets freely express the prediction that nevada is to take first rank as a copper producing state the same as it has done in the production of silver two booming copper camps ely in the east and yerington in the west have given nevada a new interest and significance in the past year some say that ely is the richer camp and some accord that distinction to berig ton the nevada consolidated is elys greatest mine and nevada douglas is yer ing tons greatest As to whether nevada consolidated or nevada douglas is nevadas richest copper property opinions differ and the partisans of each are about evenly divided the acquisition of the ludwig however would seem to give the first position to nevada douglas at any rate the two camps are going Z to add greater lustre than ever to the fame of nevada as a producer of gold silver and coper while the price paid for the ludwig property by the nevada douglas people has not yet been made known it has long been looked on as a million dollar property worked in a crude limited way last year it yielded its owners over Engi engineri engineer neel ei EL P jennings of salt lake city made a report on the property three months ago and found that it had over a million and a half dollars of ore reserves over the foot level besides a vast amount of SulD sulphide hide ore having a net value of a ton he also reported that but 25 per cent of the ground had been developed and that the mines represented great possibilities in the production of high grade ore the orem company were likewise the moving spirits in the amalgamation of the properties constituting the utah apex mining company of the bingham camp and th thac formation of that company five years ago walter C orem of salt lake city is general manager of that property as he is of the nevada douglas the utah development and the yerington copper companies |