Show f m T Tf TT New o. o All 1 1 g 1 T TO O Lat H m f A wy I I l fhe aDd nd STOCK STOCKS I I 11 U S It I A V 14 1 MINING f. CamP Jt W Pes MARKET M L M. M I Jf te Quotations on OD kJ J. J J x MM Fm from TL JL I JB LEAD LEU ORES NES COMING TO 10 LOCAL MARKET MART FROM IROM WARD NARD WARDi MINES i i In In scouring tho country for ores for forr fori c. c r i tho local smelting plants agents for forthe forthe forthe the various companies have hi e made re re- re rented visits to the thc mines of ot Ward situated situated situated sit sit- f eighteen miles mies from EI lily Ely One of the tho principal producers In that g s. s section tIon pr ton tonI Is Js I the owned b by tho the Nevada Ne United United Unit Unit- ed d Mines Minea com company pan General Frank Hall hail Hal e es the following Interesting description description tion ton of th that t company and Its properties The Nevada United Mines company compan Isa la Is laa a a Denver corporation made up of ot Influential and mainly of strong financial factors facton It I owns and has hns for fOI some somo time tino been operating an n Immense Immen e mining estate at Rt Word Ward eighteen en ml miles south of EI Ely Uly 10 Nov It I has a largo large orco p pf pC Rood at work ork driving dulls and tunnels for forth forthe th the blocking out of r reserves in arlou various Jart parts of tho the property This ThiN estate was WUI Bret tt developed and equipped with wih ma- ma supplemented by R a R chlorination mill mi of large Jorge dimensions and a smelter by tho the original owners cr 1 during the period of ot tho celebrated cele cel- brat durinA Com tock o mine but which being Ing obsolete ar are arc not used lined After ACer extracting about five millions milons from tram It I. I it WI was waa found impossible to r re recover recover re- re cover III values S from the products by the methods m In vogue ogue and tho camp was S abandoned Tho TIo town was destroyed by fire fre and the thc on once e high highly promising camp became a a. a desolation It I stood sto practically a Idle from to 1903 when th the present company secured It and entered catered upon systematic exploitation Engineer J J. J A. A of D Denver ner examined d tho tract including former workings and Is Issued Issued Is- Is sued a 1 report upon which the tle present company purchased p Most of or the old workings were were CR caved In These ob obstructions ruc have been removed the points where It va was decided to carry cryon ott extensions exten alone alons 8 and I n other work and the development develop develop- do meat ment of or ore bodies bleM prosecuted on op 01 mod mod- modera ern era engineering lines front from that time to the present Worlds World's 8 Largest Stock As a matter mater of fact it It Is held b by ex experts ex- ex pers to contain O the largest t and ald finest body of lead carbonate ores ors nn now known on hoy the American continent Walter r G. G Boyle Bote the m consulting engineer is conf- conf d nt that thal taken as a a. I whole It Is la one of or orthe the greatest mining propositions In lii this or any other country This h he purposes purpose demonstrating a as 81 the tho working plans piano un tin- fold Mr who did the prelim preliminary mary inary engineering of ot this and al also o of th the tho great Giroux copper mines at E Ely I la Is 0 ot great like opinion opinion- opinion A big tunnel I Is now no being driven drIve to Inter Intersect ct open open for mining the Defiance vein eln of or tho the c tn te in which as developed In tho the upper tipper workings thero there is IP at a depth of 12 feet an ore body I twelve to eighteen feet wide which averages av a- av- av tc o better than 40 0 per cent lead When en cut and drifted upon It It Is believed ed bele It will willmore wi more than double the company's reserves now mor In eight sight A tunnel on the tha the Paymaster ter tel vein is feet long but part pat of ot It iti I Instead of or I JH caved td For FOI this reason c extending cleaning out the tho rubbish and the tho tunnel the base bue of or operations was vas as transferred tunnel d to what Is If called the 26 foot rot tunnel which says SRN Mr Boyle h Is now about feet long The Tho miners hav he abut Luck opened up from this and the tue Good Go claim tons tont of oro ore era a averaging U. total estimated value per ton giving a a. a of This ore carries no zinc Br arsenic or other deleterious tu substances substance It i hi it therefore an ideal ical product prod for smelting ng Ki a Hallway iway X The only drawback In this proposition lion tion ton is this this Ward Is eighteen miles consequently the ores from a railway must be that distance to Ely Uly and railroaded to the smelters at nt Mur Mur- ray Utah A smelter at the thc mines Is not fe feasible The cost of or through hauls d into the profits With u a cuts cute deeply ply 1 railway near the tho property Mr Boyle BoJe S- S s rIty s that the Ute difference between the tho present nt cost COt of t by hy wagon would amount to at al least 3 sa per ton and this saving Ka aJ alone ne upon the tho present d develop develop- ment tonnage will vIll wi closely approximate tho the capitalization of tho the company All An the facts tact having I been en considered thi th company te has under tinder contemplation an al Ip uc of ot bonds bond to cover er co the co cost t of building build build- Uns ing l g a railway from Ward to Ely |