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Show I 3 Have Invested Millions There anil Added ' I m 1 Hundreds of Millions to the World's Wealth I " I ; I H ' Locatod in the beautiful Steptoo vnl- ' Jey just 150 miles from Cobrc whore r you chan ko from tho Southern Pacific- . fr the Nevada Northern raihvaj-, is the cly of Ely, Nov., whore arc located : what r.hc world will soon learn to re- Rard as the Greatest copper mines tho ;. world has ever known. These proper- t ties are known as tho Nevada Con- pohdated and tho Cumberland Ely H i mines, and with the Steptoe smelter t and Nevada Northern railroad arc ; monuments to the faith and enterprise t of the GuggonhoimR. These gentlemen invested $20,000,000 in mines, railroad i -and smelter boforo they began to re-H re-H l; Sj1ZG one P6nn3" from their investments. t To do these things requires positive H I genius as well as nerve. r The scheme of operations at Ely is pl on a large scale, as will bo shown from f the figures and descriptions of some of i tho operations of these properties. H Mining at Ely. H f The through passenger service of the Nevada Northeru railroad goes only "as i far as Ely. Beyond this point tho rail-1 rail-1 .- way runs only its ore trains to the jj mines, except Saturday nights, when a 1 -passenger train runs to and from them 1 to accommodate the miners. Later on I when the mines are operated at full ' (japacity this passenger service will bo " made daily. The road to the mines was 1 first built through Ely, but owing io jl : tho danger of running heavj' ore trains through the city on a down grade an- 9W other branch was built on the hillside yti above the town, starling below Ely citv K&. ml and connecting with tho direct line SOS through tho streets of Ely a short dis- 'Fu lance abovo it up Robinson canyon. Two. miles west of Junction City the jru---V "pro lino" makes a Y branch, one arm III Ecvorberatory from North East. 1 i WW gstending a mile easterly to the Star IVV, qcShr "Pointer shaft on the Ruth group of the AW I Kvada Consolidated, the other extend- Ifi ' ing wcstcrlv past the steam shovel ;if workings of tho same company at Cop- If I I per Flat, past tho G irons company s ' settlement of Kimberly to tho Veteran 'ill, f shaft on tho Cumberland-Ely group. !f Tho transportation distances of ore to - i the reduction works and smelter nre as follows: Veteran shaft. 21 miles; Kim- f- berly, 233j miles; Copper Flat, 20 I mile's; Star Pointer shaft, 20 miles. The Ruth Mine. I: This property is located on the I i rounded hill, roughly a half mile to the 1 I tast of the Star Pointer shaft. As e::-I e::-I . plained under the geological .discussion. . Iho intrusive porphyry sheet penetrates tho Ruth limestone series here folded into a synclinal trough occupying the mI t firest of tho hill. As the axis of the wSA ynclino runs north and south, the por-YM por-YM i Vhyry sheet naturally extends through llftll It on a steep slope. On the eastern elopo, at the point; where the b'uth Wi haft was started, some 2;10 icet west W I t-f tho lime porphyry contact, erosion WAX l bas exposed tho porphyry from bell be-ll r neath tho massivo blont ' flanking the WW fc. tiirthern and wesluni slope. It appeara WW f that the original mino owners desired JM -Jm 10 Cain horizontal distance north under VW the capping with verticnl depth, a u-mr u-mr eult attained bv sinking the shaft on a Wm tl-dogree incline northerly to a vertical 1 PN iepib of 41S feet below the shaft col-I col-I I? II Jar. As the incline gains depth the jIN porphyry ore body rapidly gains width We pnd length, as shown'' by the increased Wft length of tho horizontal drifts and cross-mi cross-mi Tuts in it at levels 125. 100. 307 and 41b WljH feet vertically below the shaft collar. . This porph'vry mass wao blocked out 5MI ' ' tY Kcqua and' Bradley sufilcicntly in Wl tJ, Q05 to enable J. Park Cbnnniiuj to re- ' i port previous to its sale to the Gnggen- t'l Jioimfl a total of 15,400,000 tons or' ore icchnicrilly in sight, averaging 2.U per ' i ent copper. S'mco that tune, under ' ''ty lb ablC manaRcmcnt oL' ultjr,l,te,ItlLM,'; Ji. K. Toms, the mino has been consid-erabl3- more developed in preparation for starting a caving system of mining. On tho first level all the breasts now ierminatc in tho inclosing leached capping, cap-ping, on tho second many of them are I still in ore, while on tho third and ; fourth levels the horizontal extents are t still unknown. . While the following is only an estimate of blocked-out tonnage, ton-nage, it is probably not au overestimate. Assuming the ore body blocked out equivalent to a block 350 feet wide in east to west extent, G50 feet in north to south extent and averaging a thickness thick-ness of 250 feet, reckoning 14 cubic feet to the ton, we have a total of 4,062.-500 4,062.-500 tons, and this, the writer is told, will average 2.4S per cent copper. Abovo the second level the ore is a little lit-tle richer, averaging about 2,7 per cent. Mining by the Caving System. Interesting as aro these deductions, the important feature to be noted by tho miner-is that the frequent occurrence occur-rence of slips through the ore body prohibits its mining uy a caving system sys-tem similar to that practiced by tho I Boston Consolidated and the I'tah Cop-, Cop-, por companies at Bingham, I'tah. There tho, hard homogeneous rock is a sharp contrast to the soft kaolinized Ely porphyry, por-phyry, whose structure is weakened b3' mauifold planes of slip. Tho plau of tho caving operations is as follows: Starting on the first level next the south limit of the ore body, which slopes steeply like a foot-wall, the ore will be sloped hack in slices rnn-1 rnn-1 ning from east to west the length of ' the ore body. Enough of the broken I oro will be drawn oft' through the . nearest raises to afford working space, the rest being left temporarily for roof support. After Btopiug out the oro cleanly under the roof, the withdrawal of. the broken oro through the raises will deprive the roof of support and cave it upon a layer of rough boards and nlabs placed over the floor of the level. As the roof comes down it will crush the ore next the btopud-out area, whicli in turn can be drawn off down the raises into cars on the levels below. be-low. This will cause tho crushing of the row of blocks next nearest the foot-' wall, and so on till all those on iho highest 6iib-lpyel aro in turn crushed and drawn off. when operations will be transferred to the next lower sub-level. The layer of boards and slnhs placed over Ihe floors of "the sub-level before caving the roof upon it will act as a raft to separate the ore from waste. If the experience of other districts is repeated tho extraction of as high as y5 Io 00 per cent of the ore may bo looked for without loss due to tho mixing mix-ing with waste. All the ore ihuu mined will bo drawn down through the various vari-ous raises to thoso terminating in chutes on the oOO-foot level, from which the oro is transported Io the Star ; Poiuter shaft. j Geology of tho District. While gold, silver, and load have boon, found at various widely scattered points, tlu" district producing copper iii commercial quantities is a concentrated I one, some (H miles of cast and wept extent, from the Chainaian mine, at Lauo City, to some little distance west of the Voteran shaft of the Cumberland-Ely. Cumberland-Ely. Prof. A. C, Lawaon, who visited the district in.. 1004, subdivides this extent into two district h. Tho first extends ex-tends from Copper Hat westward It miles to Rusty Kidgo, having a maximum maxi-mum width of G-G mile, Tho second one extends from Ocher valley (Vj mile east, of Copper Flat) to just be-vond be-vond tho Chainman Mine ol! 3-fi milo. As will be later shown these areas correspond cor-respond to thoso underlaid by the ore-bearing ore-bearing porphyry and altered limestone. A geological section of the strata best exemplified through the Ruth shaft is as follows: Carboniferous fiuth limestone, 500 feet thick, description, heavy bedded, bluo lime; Arcturus shaly limostone, 1000 feet thick, description, soft argillaceous, argil-laceous, shaly lime; Ely limestene, 1500 feet thick, description, heavy bedded , cherty lime. 1 Devonian White Pino shale, 1000 ; feet thick, blue-black argillaceous lime; Nevada limestone, 1000 feet, gray lime. Early in 1004 and long before the Ely boom, Professor Lawson mado a geological map of the district which was submitted with his report to tho management of the Nevada Consolidated. Consoli-dated. The Gironx company at that time had alroady acquired its present j holdings. These companies thus had the first pick of tho district and aided by Professor Lawson's map, the area underlaid by the porphyry eo clearly defined by the grent iron gossans and blouts was verj' thoroughb' taken up between thorn. Not till late in 1905 and 1006 did the- public learn of the great possibilities of Ely as a copper camp. Since it has been stated that tho Nevada Consolidated. Cumberland-El-, and Oiroux interests socur'cd most of tho valuable ground at the start. Reduction of Ely Ores. The concentrator receives oro from both the Nevada Consolidated and the Cumberland-Ely mines. As theso ores . differ considerably both as regards their ph3-sic.1l characerlistics and thoir assays as-says they are kept ontirely separate by boing milled in different, halves ot a given mill unit. The Cumberland-Ely ore is harder than that of the Nevada Consolidated and tho mineral is disseminated through it in much coarser particles. This is best seen at the Traylor jigs which recover re-cover considerable of the coarse mineral min-eral in this Cumberland-Ely ore on their 3-mesh screens, but they catch but little from the Nevada Consolidated ore. The economic mineral is chalcocile and some inelaconite. mixed with pyrite. in a quart, porphyry (monzonitc ) ganguo. The ores carry small amounts of gold and silver. Sampling. Tho cars bringing the mine ores dump into the steel bins contained in tho viaduct. Those bins are separated .into 15 compartments having a combined capacity of 5000 tons. Part of the compartments com-partments supply the crushing plant direct and part the sampling mill. The mine ores received by the railway rail-way at the Cumberland-Ely and Nevada Ne-vada Consolidated mines aro transported trans-ported over what is known as the Ore line whose .junction with the main line is just below Ely city. By swinging to the eastern side of the valley and closely skirting tho hillside hill-side on a slight down grade. ty track makes the necessary elevation to give the desired mill headroom at the uoiut select ed for the concentrator. The final length of haul from the furthermost point of tho ore lines on tho Cumber-laud-Ely woperty is about 24 miles; 23 miles from the Oiroux Consolidated settlement at Kimberly; 22 miles from the steam-shovel workings oil the Eureka Eu-reka group from the Star Pointer shaft of the Nevada Consolidated. Tho oro trains usually consist of about twentv 50-tou cars carrying from 1000 to 1200 tons of ore at a trip. The Collecting Trestle. At a distance of 1672 feet from ihe concentrator a small rock cut terminates termin-ates in a masonry abutment 40 feet in height. The approach to the concentrator con-centrator bins over the intervening distance dis-tance is made by the grcafr trestle of which tho first 1212 feet is of henvy timbors, 100 feet at its maximum height and averaging S3 feet in height. Adjacent Ad-jacent to the mill bins behind tho concentrator con-centrator is a steel viaduct 380 feet in length connected with tho wooden trestlo bv SO-foot steel girders. Tho adverse grade of the tract from tho mines to the trestle never exceeds a maximum of 1 per cent, while tho average adverse from Ely to tho concentrator con-centrator is but 4 per cent. Tho grade of the double tracks extending over the wooden I rest lis viaduct is .275 per cent adverse to the loaded cars. The wooden trestle is built 011 12x12 inch bents, spaced on 25-foot centers, bearing on concrete foundations, every alternate bav being treated as a tower. About 1,338,000 feet of lumber wore used in its construction at a eosd. of I about $70,26(5 or $57 per thousand in nhico. to which cost must he added that of about 70 tons of bolts and metal connections together with the costs of excavation, foundations, track, and firo-scrvico firo-scrvico water. The tcel viaduct and girdor. with the ore bins and conveyor floor under neatli, contain 1160 tons of steel. Its construction commenced about tho same time as that of tho wooden trestlo and was finished at tho end of Febriiarv. 100S. This Ptffl viaduct contains immediately im-mediately liclow tln tracks, ore bins of 5000 tons capacity into whi'-li tho ore cars are discharged. Ft is thus a permanent part of the concentrator "iTiicturA, while the wooden trcstli- was intended merely an lemporary to bo ul tiniatoly (ill ml "with rock 'strippings. steam shovol mined at Copper Flat, a work which will take approximately 1.700,000 cubic yards, Hi accordance with thin plan, the SO-foot steel girder was installed in order that the rock fill might not disturb tho steel bents of tho viaduct. The trestle it n spoctacular bit of engineering that, has been tho subject of considerable discussion and some unfavorable comment. That the latter is ill advised, however, and duo to a misunderstanding; of the situation, will be bmughl out in the following. In considering thin subject it must bo borne in mind that the structuro at present, erected contains but three units, ; whereas plans for the future contem-1 contem-1 plate its enlargement, as fast as justified, justi-fied, to an ultimate si'.o of 10 units. Tho site of the first structure had to bo chosen, therefore, not with its lowest first cost as the primo consideration, but with the lowest first cost of tho ultimately enlarged structure clearly in view. Again, tho concentrator had to have sullicicnt elovatloii to give enough headroom head-room to reduce elevator rohandling to a minimum and allow plenty of leeway lee-way for tho accumulation of tailings for years to come.' Its relation to the neighboring smelter had to bo care-fully care-fully considered aud its site so chosen that not only would its first and its finally constructed units bo served by no adverse-grado tracks to tho various smelter buildings, but such tracks must give those buildings amplo olovation for successive drops in the gravit3 system sys-tem of handling ore between processes and for slag disposal. Tho ultimate enlargement of the smelter buildingSj too, had to bo considered and plenty ot allowance mado for their probablo increase in-crease in extent, v.-hich must neither encroach on trackage room for economical econo-mical transportation, nor intcrforo with the concentrator's growth. Abovo all, both the concentrator and smelter had io be located as near as possiblo to a source of ample water sunrfly and at such an elevation that expensive pumping pump-ing should bo eliminated or reduced to a minimum. An examination showing the proximity prox-imity of the works to Duck Crook will show even tho most prejudiced observer ob-server the real reason for choosing tho site fourteou miles down the valjoy from EI3. TI113 location has been hastily criticized as an attempt to throw cold water on tho expansion plans of those with real cstato interests at heart. While it is true the works might have been located near the junction of , --. . j.L.L.m... 1 1 1 1 . ' "' " ' : V. View of Steptoo Siheltor from South West. 1 Murray -and Steptoo creeks, some two miles north of Ely City, such a location would have meant the pumping of water to a point on the hill side giving sufli-cient sufli-cient elevation for supplying oro direct into tho mill bins. The solection of tho preseut site enabled tho securing of water to ilow by gravity Io all the various parts of the works, giving sufficient, suffi-cient, head, not only for all mill and sjneJtcr purposes, but for -ihe extinguishing ex-tinguishing of fires as well. in its relation to the smelter buildings, build-ings, the concentrator Fite fulfills all th desired conditions stated; it remains re-mains onlv to discuss whether its location loca-tion eithor up or down tho hill slope would have eliminated the cost of tho trestle construction altogether or have greatly reduced it. When it is realized that this trestle construction necessitated necessi-tated an outlay of nearly $250,000, .it is seen that this foregoing discussion is well justified from an engineering standpoint. Concrete piers support tho concentrator concen-trator floors for about the length of tho first unit, or ISO feel. They decrease in height gradually, from a maximum of about eighteen feet ta nothing at tho end of the unit, where the hill contour allows tho floors to bear directly on tho hard gravel ccmeut which overlies the hill side. Tho construction of the present three-unit three-unit building necessitated a thirtj'-foot cut in its lower cud to allow the placing plac-ing of tho conceutrato tanks, at tho proper elevation, and likewise the vnnnor and lower table floors required considerable- excavation. The enlargement enlarge-ment of the building by another unit, however, will about complete all ot tho excavation nocessarv, and the dirt can be used for the slight fill necessary to support the next six units put up. The cost of construction of theso concrete piers has been no small part of the t.ions. tho dischargewavs from tho , Huntington mills, etc., being recessed in the concreto leading to tho elevator boots of the same materia'. Troatmont of Ores Crushing. The following is a description of a siuglo unit: From tho distributing bins tho ore passes to No. 1 trommel, which has 7 inch jtpcrtures. From this trommel the oversize goes to the No. 1 rolls, which are 15x36 inches, and the undorsizo to No. 2 trommel, which haB -inch ! apertures. No. 1 roll delivers to elo- j vator. which returns its product to tho screening system. Tho oversize of No. 2 trommel passes to No. 2 rolls, 36x14 inches, which delivers its product to the elevator, tho undersize of No. 2 trommel going directly to the elevator. This elevator discharges into a pair of trommels, having -inch apertures, of j which the oversize goes back to No. 2 rolls, and thence returns with tho regular regu-lar flow of material. The undersizo of the -inch trommels goes to a sot of eight 2-mm. trommels, of which tho oversizo goes to No. 3 rolls. 36x14 inches, which delivers its produce to tho elevator in the same manner as the 1 No. 2 rolls. It is estimated that in milling 4U00 tons of this ore daily the total power requirement will be ouly 2400 horse-power. Classifying and Jigging. The 2-mm. product is passed to a set of eight Richards vortex classifiers, which give two spigot products. Tho coarser of these is treated by fivo jigs, which, make finished concentrates, a hutch-product for further trcatmcut on seven Wilflcy tables (which mako fiuished concentrates), aud tailings which pass to Huntington mills for rc-griuding. rc-griuding. The liner product of the Richards classifiers is taken to 10 Wilflcy tables, which make finished concentrates, tailings tail-ings that aro discarded and middlings. These middlings, together with thoso from tho Wilflcys. treating tho coarser product, and tho tailings from the jigs are combined and taken to threo Callow settling tanks, tho thickened pulp from which is roground in four 0-foot Hunt-iugton Hunt-iugton mills, crushing to 60-mcsh size. Handling tho Concentrates. Throughout tho mill tho concentrates aro removed by sluicing through launders, laun-ders, being collected in tanks which aro discharged by means of JSlnisdoll excavators, ex-cavators, but the concoutralca from tho Wilflcys aud vanncrs are collected in two tanks, twenty-oight foot in diameter diame-ter and six feet deep, in which they aro allowed to nccumulato until tho tank ia full, the. water draining off in tho meantime. Beneath theso tanks is placed a track so that :?rs may run 1 undor thorn and the concentrates discharged dis-charged directly into tho cars. The tanks are filled and discharged alternately. alter-nately. Tho overflow water from tho mill is taken to slime ponds for final settling. Tho Steptoo smelting work3 is distinctly dis-tinctly a reverberatory plant, although it will have naturally a blast furnaco for rosmolting converter slag and such lump or as may come to tho works. The design of the plant is duo especially es-pecially to Walter G. Perkins.who is also in charge of tho construction. In all of these respects the Stcptde smelter will doubtless bo tho beat exemplification exemplifica-tion of good smelting practice in tho United States. Boasting Furaacos. There will bo sixteon 18-foofc Mc-Dougall Mc-Dougall furnaces, which will give a roasting capacity of about 640 tons Eer twenty-four hours, tho ore boing urncd down to about 7.5 por cent sulphur. Tho necessary limo flnx will bo mixed with tho oro before roasting and tho hot calcines will be trammed directly to tho reverberatory smelting furnaces. However, thero will bo a brick and steol storage bin of 1500 tons capacity, which will act as a governor, receiving tho surplus of calcines if tho roasting furnaces aro running ahead of tho smelting furnaces, and delivering oro if tho latter ar not sufficiently supplied directly. Tho McDaugall furnaces fur-naces discharge their snioko into a doublu flue, each part of which is 300 squaro feet in cross-section and 500 feet in length.' At the end of tho flues there is a brick chimney 250 feat in height and eighteen feet in insido diameter. Reverberatory Furnaces. Thero are three reverberatory smelting smelt-ing furnaces, each 19x112 feet, each provided with two 400-horsopower boilers arranged in parallel, of courso with suitable by-passes. This is preferable prefer-able to tho tandem arrangement which obtains in many plants. The grates pf the furnaces aro SxlO feet, with a height of three feet from the grate to the top of the fire-bridge. From the grates tho ashes will bo sluiced to the cinder plant, whom tho unburnod coal will bo recovered. Each furnace has two charge-hoppers, each with threo holes, for oro, and one hopper with four holes for coal. Tho matte will bo tapped into ladles on cars for convo3'-ance convo3'-ance to the converting department, and tho slag will be granulated and sluiced t awa3 Tho smoke of tho reverbera-tories reverbera-tories enters a flue of 300 squaro feet section and 200 feet length, and then doubles back through a dust-settling chamber of 1000 squaro feet section and 200 feet length, and finally escapes es-capes ihrough a brick chimney, fifteen feet in diameter and 300 feet in height. Converting Department. This comprises threo converters. 96x150 inches, eloctrically operated, each convortor stand being provided with three bowls. Blast Furnace. Thero will bo ono blast furnace, 42 inches by 20 foot, which is so designed 11 11.1. ii hi in. I.....-up 1 11 11 1 N,'.'. ' ' '" ' " " ' ""ii 1 1 11 1 ji.i iiuii.jju-u-ii AA--'AU;i;j H Concentrator Looking from tho West. . ;! rough cslimate of $250,000 which has been beforo mentioned as the outho-necessitated outho-necessitated by tho trestle construction. Concentrator Construction. The structure, thus far erected, has a horizontal floor area of 567x333 feet, and contains throo units each of 1333 tons daily capacity. Each of those units is subdivided into two similar sections, sec-tions, occupying 94 feet 6 inches in width and S feet in length down the slope of tho hill. The floors are arranged ar-ranged in terraces, ench terminating in an escarpmdut formed by a concrete retaining re-taining wall. The two upper floors aro supported on tho concreto piers beforo mentioned for Iho distance accommodating accommodat-ing the first unit. These piors aro 2x2 feet in oross-soction and spaced on 10-foot 10-foot 6-inch CL-iitera, tho maximum height of thoso under tho first floor being IS-feet, IS-feet, whilo thoso of tho eccoud floor have a maximum height of about 10 feet. These piers support concreto beams 12 inches wido by 18 inches deep, running lengthwise of a section and reinforced by threo to four 1-inch Bauson twisted steel bars. These beams support tho concrete floors, reinforced at the bottom with Clinton wire cloth lapped 6 inches over the beams I13' a 3econd pieco of Clinton cloth laid in tho concreto horizontally, and not arched, as 13 the lower piece. Where the floors are laid on the gravel cement, laid bare bv excavation, no reinforco-tnout reinforco-tnout is used. The concreto floors accommodating tho Wilfley tables and vanners were constructed properly recessed to receive tho wooden launders catching thoir products, and their tops lio flush with the floors. In addition, each floor is sorvod by a transverse round-bottom depression some 6 inches deep, running in tho concrete parallel to the escarpment a few inches abovo it. This sorvc8 to catch tho material spilled from the various machines when flushed down with a hose, and is drained by a pipe into tho settling cones. In addition, ad-dition, the heavy crushing machinery nil rests on reinforced concreto founda- that it mav bo enlarged to 48 inches by SO feet" if desired. Tho blast furnaco fur-naco is sot thirteen foot abovo tho ground level, affording amplo room for tho matto settlor, etc., below tho level of tho hearth. Tho height of the furnaco fur-naco from tu3'eres to charge flow is sixteen six-teen foot. Tt is expected to smolt with a chargo-column of about ten feet, and twenty-four to thirty ounce blast pressure pres-sure Tho oro bins from which tho charge for tho blast furnaco 5s mado up i3 of timber construction and 6000 tons capacit3'. Power Plant Machine Shop, Etc Tho power plant is oquipped with eight 400-horscpowor Babcock & Wilcox Wil-cox boilers; ono No. 10 Connersvillc blowor, direct- connocted with a compound com-pound . condensing Corliss cngino for operating tho Vlast furnaco; ono blowing blow-ing ongino c 000 cubic feet capacit-and capacit-and one 12,000 ubic xer capaoU- boiu 1 j cross-compound, two 750-kw. aud H two 1000-kw. generating sets for H the development of power required 111 jH tho works, including the concentrator, H and for transmission to the mines. The IH generating sots aro of tho alternating- H current system and will develop current H at 600 volts, which voltago will be 1 used in tho work's. For transmission to 'jH tho mines it will, of course, step up. Thero aro excellontly well equipped machine shop, carpenter shop, store houses and other accessory departments, H which aro larger than would bo re-quired re-quired for tho mill and smelter alone, inasmuch as they will also servo as M ropair shops for the rolling stock of the Nevada Northern railway. The machine H shop is a largo handsome building of concrete blocks, filling tho panels of a jH steel frame. Tho administration build- H ings, which aro architocturallj- o a H pleasing design, aro arranged in a semi H circle, facing west, with the general 1 office in tho middle and messhouso 1 and dwellings for tho superintendents H on either side, A largo assay office 1 and chemical laboratory stands directly behind the offico building. In the general layout of this -ini H monso plant excellent advautago has IH been takon of a good natural location. ; In tho construction of thu mill and smelter and tho equipment of tho mines and their development, t,ho best brains known to tho mining world and cu-ginccring cu-ginccring profession wcro called upon. Mr, Popo Yea Una n, consulting cn-gineer, cn-gineer, has had charge of this immensr undertaking since its inception almost, and he has beep the general who has planned and from whom results were expected and received. The strong financial condition of the Nevada Consolidated is shown from the attached statement. jH Tho Nevada Consolidated Copper compar.3- has issued its second annual report. The financial statement of Sep tombcr 30, 190S, compares with that of Juno 30, 1907, as follows: Sept. 30, Juno SO, Assets 190$. 1907. Property account 4, 451.205 5S.SS0.2-J2 Trustees' capital Investing account. t.S4S.500 n. 050.000 Stock 3.994.000 1.000.000 jH Materials on hand... . 120, GST ....... . jH Accounts collectible . 12.S31 3.250 jH Ores In process 152,83 Cash and call loans. 793,940 710,1)13 jH Totals $14, -104, 039 ;S,644.4:5 Liabilities Capital stock $ S. 000.000 ?G.500.0Q Mortgage bonds ....- 2.991.000 Surplus account ... 3.122.711 1.9C1.50.". Accounts payable .. 17S.152 139.12.ri rnM Income account 109. 17G 13. SOT IH Totals ?1U04,039 5S.G44.i3i "Includes stock of other companies, in lH eluding: Steptoo Valley Smelting and Mm IH ing company, Nevada Northern railway and Cumberland-Ely Copper company. Tho Nevada Consolidated issues a statement of condition of tho propcrt and work thereon sinco November 7. 1907. Popo Ycatmnn, consulting cngi ncor, in his report recommends thru .--111! another unit no added io tho concon trator for handling Nevada Consobd tjl ated ores. Prospecting' on tho Eureka section has developed over 5.500.('U tons of ore of an average grade. This Jll increased oro blocked out to fuHv 'uH 20.000,000 tons, 'IH Up to November 1, 1S5.277 tons v"' '41 sulphide oro havo boon mined. To'nl ft'l vardagc up to November 1 for s'ni- tlfl ping is 427,211. The sixth section nt tho concentrator will be placed in roir mission in December. Tho capaMf of ff the plant has been proved equal to ur !kH greater than originally estimated. iSIH From data at hand, it may bo ac- coptcd with confidence that in .laim Iftl ary. 1909, monthly production will bo lYI equivalent to an annum prcductioh of at least 35,000.0000 pounds, and that by flfl Anvil next, when additions to tho eon- tl cent rating aud smelting plant uuder Il way are complulcd, increased facilities jl v--ill result in raiding the auiin.-.l output iHI '.tt CU.,1W t ..WJCtV'OO porjfcda. !M |