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Show . : ELY-TONCM ROAD: IS'-' ; WkX, DECLARES :ECtLES;:: BENEFIT 1pfclpKE t ", 'I ' TO MINNG MEN. Give your delinquent and assessment notices to THE TEL- "GUAM1 Careful attention and reasonable rates assured. Call i Y up 240, both 'phones, for a TEL EGEAM man to call on you. and- the principal owners therein are C. 8. Sessinger, George Hausel and Bobert J. Puree!! of Philadelphia. , "The ores in the Sunshine group carry car-ry 3 to 40 per eent copper, and there are vast bodies of them. . "Everywhere throaghout the East the speculative and investment world has its eyes on Nevada, and the interest in mining investments is larger than ever "Philadelphiaj New York and Baltimore Balti-more are exceedingly awake to the opportunities op-portunities that the Sagebrush State affords af-fords them for making money, and there is capital for good propositions properly presented.' Mr. Bowler was cone three weeks. He will be remembered as having exhibited a. splendid lot of gold specimens from the Johnnie mine while en route East, the same having come from his own bonanza bo-nanza lease on the Johnnie Consolidated, Consoli-dated, and which is said to have yielded him almost $1,000,000 in . seven months. Mr, Bowler is now endeavoring to secure se-cure the Mabel company's mine in the Blackhorse district of Nevada, wherein there is a vast quantity of $100,000 ore exposed at this time and under guard, pending settlement of a side line dispute dis-pute with the owners of the San Pedro company adjoining. He says he can easily dispose of the Mabel for many times its par stock value. .r- , i Confirmation of THE TELEGBAM'S - excluaiye announcement Saturday that fc railroad is to be constructed from Ely to Tonopah, comes through 8. W. Ec- ' .' ; 1 eles, general manager of the American V " Smelting and Befining company and , president of the Nevada Northern Bail-toad. Bail-toad. B came into Bait Lake Satur-1 flay night j from th East, brimful of j ' good new' for the mining industry of the intennountain eountry, and the - Ely-Tonopah railroad matter formed a briminent part of it- - "Philadelphia capitalist who have ' considerable holdings in the mining companies that have control of the Nevada Ne-vada Northern have made surveys from Ely to Tonopah since the completion of the Nevada Northern," he said. - "These men, W. H inkle Smith and W. B Thompson, with their associates, have run several lines through from Ely to Tonopah. ,The interests that are held by those who nave been making ma-king the surveys from Ely to Tonopah In' the Nevada Northern railroad as-' as-' sure friendly relatione should the ex-'" ex-'" tension be built. ' ., , "The Nevada Northern railroad will " y make connections and do business with all other railroads, and this means that : the "Western Pacific will get its share of the business from EI7, making direct connections with Salt Lake." All this planning of the railroad magnates mag-nates assures Salt Lake of a more direct route than heretofore was anticipated to and from Goldfleld and Tonopah. It will make ; possible a round trip for commercial travelers of the future 5 when "working" Nevada through such E' rolifie camps as Ely, Tonopah, Gold-eld, Gold-eld, Manhattan and Bullfrog on the outward journey via the Western Pacific Pa-cific and Tonopah & Ely road, and returning re-turning via the Salt Lake Boute, which will afford them several growing towns - on that road in which to sell goods. The railroad situation, therefore, as developing in the interests of Salt Lake I .. as a wholesale and jobbing center, as-suredly as-suredly promises a most rapid growth in these industries. And the i information coming from Tonopah is that the road from that city , to Ely j will be pushed to completion r next year, it being, required more es pecially by the capitalists who are in-tendingto in-tendingto build the proposed big smelter smel-ter at Tonopah. and who want some of. . the ores of which the Ely and contigu- - ous districts produce. The capitalists referred to by Mr. Eccles as having had the surveys made are known to be allied with John W. Brock, wad is the "front" in Nevada for the financing of many projects the Philadelphians have backed" with their capital in that 8tate. Mr. Eccles further said: "Work of ' extending 1 the. tracks of the Nevada Northern from Ely to the mines is in progress, and the steam shovels will soon be in place for stripping in the ore belt. "The Nevada Consolidated has been developed and shows marvelous bodies of ore, and conservative engineers have estimated that the output of the mine can be made at least 5000 tons of ore a day at this time. - i "TbelNevada Consolidated Copper company and the Cumberland Ely Copper Cop-per company have united to build a smelter and concentrator in Ely. It will v have a capacity of 5000 tons of crude ore a day, and in the combination tbe companies have provided financial means for increasing the daily capacity 4 of the plant to 10,000 tons a day. ' " The) new smelter and concentrator will be Owned share and share alike by - the Nevada Consolidated and the Cumberland Cum-berland Ely companies, and the financing financ-ing of the deal resulted in a partial change of ownership of the Nevada ' Northern railroad running from Cobre to Ely, whereby the railroad is now owned jointly by the Nevada Consolidated and the Cumberland Ely companies." |