Show NEVADA are counted upon tomake a stir in red metal field prom tuesdays standard leading mining engineers have recently expressed the opinion that with 1 in will take a a few years prominent place among the leading copper producing states in this country important and valuable deposits of copper ore have been opened in the ely district says the boston news bureau this camp however is not at a producer of copper because of a lack ot railroad facilities it being miles from a railroad connection there are already two prominently developed copper com 1 panics in that district the nevada consolidated copper company and the giroux copper company in both of which boston capital is interested it was recently stated that A F holden and a party of engineers af foliated with the united states mining company were also exploring this district they realizing the value of the deposits there and the contemplation of immediate improvement of railroad facilities the nevada consolidated company has lately sold a block of its treasury stock to new york london and boston interests and is now financed for one and a quarter million dollars of this is to be spent tor a standard gauge railway to connect the nevada consolidated mines with the south pacific railway with which a longtime long time favorable traffic contract has been made in addition to handling the freight of the nevada copper company ghisi road is bound to do a large general traffic with the other mines which will now be opened in this district on the completion of its transportation por tation facilities this railroad was started some two weeks ago and at the present time there are horses and ninety men on the ground the load is being built by the utah construction company under contract to be finished feb 10 next the rails are now shipped by the colorado fuel iron company and it is believed the road will be finished on contract time the plans for the smelter are now completed and have been thoroughly gone over by the engineers connected with the american smelling smelting Sm elting and the amalgamated interests that there need be no change in the plant after it is once erected it is proposed shipping parts to the smelter on march 1 so it will be completely finished by oct 1 1906 J parke clanning anning Cb has recently reported on the nevada consolidated property and alve i it a tonnage already blocked out of about tons he also states that he believes be extension of the ore bodies is men as will permit of the production f 2000 tons of ore per day for many rears to come and that its annual production should be pounds he figures a net profit ot on a IJ cent copper market or in excess t on a 15 cent copper maret the president of this company is ames philips jr well known as a dl rector in many of the amalgamated sub companies the utah consolidated tennessee copper greene consolidated copper and other mining companies in which the standard oil and lewisohn people have interests F W bradley the representative 0 the american smelling smelting Sm elting refining company on the pacific coast is the consulting engineer ot the company M L reana of nevada is the general manager |