Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1903-11-07
TRlDUNE'S DREAM
Remarkable Statements in
Salt Lake Paper
The Reduction Contract as Published
tmphaticaIIy Denied BY The
IoHopah Companies.

On October 3lst, the Salt Lake
Tribune published that the American
Smelling and Refining company Of
that city had entered into contract
with the leading Tonopah companies
to reduce their entire output Of ore.
The article seemed plausible enough
and stirred some CONSERVATION in the
minds of those who feel that Tono.
pah's future is largely dependent
upon the erection OF the reduction
works here of which so much has
been said.
Investigation, however, shows 70
such contract as that named in the
Salt Lake paper has ever been made,
although some Of the companies here
say that they would like to make
temporary arrangements for the re-
duc' ion of their ores while awaiting
The construction Of works il Tonopah.
1t is officially stated that reduction
works, as originally contemplated
with capacity sufficient TO handle
all of the ores of the camp, will be
built as soon as the Tonopah company
can make the necessary arrangements.
The text of the Tribune,s article is
so misleading that we give it in full
That the American Smelling and
Refining company had contracted
with the adult producers of Tonopah
for the reduction of the latter's out
put, the active movement OF it in
this direction to begin as soon as
conditions shall permit was yester-
day verified by none other than the
local management of the furnaces,
settlements to be made, as previously
announced, through W. G. Lamb, for
so many years cashier of the great
Silver King Of Park City,
THE contract is, said Manager
Whitley yesterday, as told exclu-
sively by the Tribune, the largest
ever entered into between "a mining
camp and sneter, and comprehends
sum exceeding $40, 900, 900, a vol
ume of ore amounting 10 275, 1000
tons. What the conditions: of the
agreement WHICH makes it possible
for the Tonopah producers to realize
on this stupendous tonnage, the
.smelter management would not, OF
course, divulge; but 1t comics from
the producers side that'it IS most
satisfactory one for each, ahd Ger
tainly relieves the miner Of many
problems that'were confronting him.
Under its terms the producer is
taught at once just what he is az
liberty to expect from his Output,
while at the surface or under ground
it becomes collateral for anything
for which collateral may be required
in the further development Of his
territory. - $50
In computing the value OF the enor'
nous tonnage provided for in the
contract, it is said that the average
value of ore was reduced to $50 per
ton, although the record shows that
the ores reduced in this value have
greatly exceeded that figure; so that
in arriving at the total not the slight
est padding has been resorted to by
those who did the figuring. That
the camp was capable of contract
of this magnitude will verify all that
has been claimed for it by opponents
who have been looked upon as more
or less visionary, as they told the
story of its wealth to the world with
out, and certainly the camp is en-;
titled to congratulation throughout:
The agreement will no doubt be
followed at an early day by the
throwing Of dirt on the projected line
of railway between Rhodes and the
great camp"
NJ. H. Seeley was q passenger on