The Central Nevadan. [volume] (Battle Mountain, Nev.) 1885-1907, 1902-05-15
RICHES STORED
IN NEVADA
MINES.

Philadelphia, and during that time have
interested local capitalists, inanciers
and promoters in the great resources o.
the "Silver State" with a view of recon-
structing and reopening the vast mining
territories which have for the past few
years been lying dormant. These West,
ern missionaries have met with great sue
cess and already hundreds of thousands
of dollars are invested in Nevada, and
more money pouring in continually.
The Westerners have made their head
quarters at the Hotel Walton and there
ii ey unfolded their plans to several
Pbiladelphians. One of the principal re-
suits of their visit was the organizing OF
the Tonopah Water aud Power Com.
pany, which was incorporated last Sat
urday under the laws of Delaware with
a capital Of 81 900, 900. This corporation
will at once begin operations 10 the Ton
opah mining district and supply water
power and light at greatly reduced
rate. The leading spirit in this great
movement to make known To the East
the wonderful mineral resources Of Ne
vada is j. A. Yerington, who was chair
man of the Nevada State Board OF Com
missioners at the PAM American Ex-
position and President Of the Executive
Commissioners Association. Mr.. Yer.
ington is to-day the most prominent fig
ure in Nevada Site affairs, and be is
spoken Of as the next Governor OF the
State. His interests throughout the
State are vast aud he holds important
positions in many of tue corporations
whose operating grounds are in Nevada.
When seen few days ago he spoke
interestingly Of the progress made by
Nevada during the last year and OF the
wealth of prosperity which the residents
of that State are to-day enjoying.
Prosperous mining camps are spring
ing up everywhere" he said, and thou
sands OF persons are flocking to Nevada
and railroads are extending their lines
throughout the State. and new connec.
tions are being planned, and new stations
are being built
"people are only to-day beginning to
realize the great worth of Nevada Those
who realized this fact years ago have
made fortunes in the State. but have
taken the capital away. Many nillion.
aires of to day owe all they have to the
products of Nevada. but not one has ever
thought of erecting monument there
in gratitude.
"Hundreds of mines are being oper-
ated and bullion to the value of more
than billion dollars has Teen taken out
Of the ground since mining began in Ne
vada. l base this statement on con
servative estimate OF the products of the
following districts, the majority of which
have been worked since the carly COS.
The White Pine district is the district
which was opened up by James A. Sax
ton, father of airs. Mckinley, and up to
last June the claims in this territory
we're operated by the McKinleys and
BARRIERS. The late President Mckinley
took deep interest in the affairs OF
these mines, and for years gave his per
sonal attention to the development of
them. When an offer was made for their
purchase he at first advised not to sell,
but later gave his consent on condition
that his wife and his sister-in. law, Mrs
Barber, retain large interest in the
company. The gentlemen who had
agreed to purchase the mines agreed to
this, and when the Mckinley Mining
and Smelling Company was incorporated
Mrs. McKinley and Mrs. Barber retained
in their right 100000 shares OF stock,
Work in the White Pine district con-
tinued favorably and with valuable re-
suits to the operators. On April 10 OF
this year strike Of copper was made in
the mine known as the Saxton. An in
vestigation was at once made, with the
result that rich veins Of copper ore were
discovered in what had been believed to
be only silver mines This important
discovery quickly spread and Mrs. Nc
Kinley's shares doubled in value. Plans
we're made Tor the mining OF the copper,
and Prof. Treadwell, one of the most ex-
pert geologists in the country, was en-
gagged to examine the ground and the
ore. His findings substantiated the re-
ports OF the engineers, and to day active
preparations are under way to open the
copper miIes to the world, without in
terfering with the operations OF the Nc
Kinley gold mines.
Mr.. Yerington cited the above case to
substantiate his statement that the State
OF Nevada contains the richest IMMORAL
deposits in the country. At the Buffalo
Exposition Nevada's exhibit included
118 different varieties OF mineral and
chemical deposits, and it was the only
exhibit that was awarded a gold medal
In addition to the valuable minerals in