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Show NEW SMELTER PLANNED. According to Anthoriv H. Godhe. if is the intention of Samuel .Newhouse f.. erert a smeltetr st an earlv dav in the Pioche district of Nevada for the reduc tion of the enormous quantities of low-grade low-grade ores disclosed in the Ohio-Ken-tuckv and the Phoenix company's properties Mr. Godhe avs that there are at let tf3.25fl.A0n worrth of" ores in full view at this time in the Phoenix Reduction company's holdings These include 171XiO' tone- of tailings, carrying 1 to $20 per ton in gold, silver and lead. These values are contained in the refuse folliwving efforts to handle the ores of the district in the olden days of the carcp great glorv. The smefter is to Fe about .100 tons daily capa-rity, and when erected it will stand as a monument to the long-held determination of Mr. Godbe and associates asso-ciates who have lxen working upon the idea for years that eventually there would be available the desired railroad facilities to eulminfye comprehensive plants for getting the money out of ores already mined. Thf corporation thst is to hold the smelter will be the Phoenix Reduction company an old organization created several years ago bv the Godbes and James L. Haekett of Lonisville, who formerly owned the Ohio-Kentucky mine that Mr. Xewbouse purchased a month ago. Mr. Newhouse is now understood to have taken a controlling interest in the Phoenix Reduction company, which will be more directly managed, however, bv the Messrs. Oodbe, and not combined for the present with his Utah interests. inter-ests. i |