Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-12-16
lie discoveries of Jim Butler al

Tonopah are operated today UNI
der the name Of the Tonopah
Mining company OF Nevada, one
=, the strongest mining companies in
me great west 1t was organized by
n Turner, who had the nerve to
draw on his people for $4,000 to bind
,ho bargain on purchase price OF
,oqe0 200 for the mine. Turner saw the
,,ossihllltles In the Butler properties
ana the fact that several eminent en-
,,roers had turned them down had no
,gect on him. lie felt a good deal like
I'm Butler did. that because the lodges
dld not 20 up they must surely go
down and that their enormous produce
lion at that time under the operations
of The leasers would surely continue
long enough TO play even. His judg-
ment was gool and the purchasing
crowd have taken out about 100000
and now have $4,000 coo OF orc in sight
IN the mine, with the possibility that
several times that amount win be visit
bic with small amount of new de-
ycopment work. The mine has pro-
duced SlO,l9O.0oO and is putting out an
average Of 500 tons per week running
from $50 to $50 per ton.
The Tonopah company constructed the
Tonopah railroad, 50 miles long, from
Tonopah TO Sodayille to connect with
tho Virginia and Truckee road and the
cost of the road was returned to the |
company in the first six months Of it's |
operation. II has been changed to a |
standard guage and connects with the |
Southern Pacific at Nina and has been |
extended to Goldheld 80 miles to the |
south. The company has paid 81 900 OOJ |
IN dividends besides retiring It's preferr-
Cd Stock 100000 shares at 81 per snare |
which is a return of 100 per cent Of the
Besides that the COM
mon stock par value 81. is now held |
at $40. The Tonopah company So tar
ior has not discovered any sulphide
ores ana the ore is susceptible of eco
nomcal treatment by the usual meth
DDS Of cyaniding.
A 100 Ton MN,
A 100-ton mill is now being erected at
N Hers, IL miles northwest OF Tonopah
% handle the milling ores from the
mine which fup about $40 per ton. An
electric power plant has also been built
at Millers to furnish power for the
mill and the mines at Tonopah where
electric hoists OF the most improved
patterns are being installed The mine
Is operated through shafts on the
Ni2pah, Silver Top, Desert Queen and
Red Plume claims, the principal work
,eing done at the Mizpah. This shaft Is
w feet deep. the Desert Queen 100
eet, the Silver Top $50 feet and the
Red Plume is a new shaft $50 feet deep.
The ore bodies are the largest In the
amp ranging from a few feet to 30
eel wide the values going from
~ IN milling ore to several hum
lred dollars In the shipping
res +. A. Keith, formerly in
'harge or the Bamberger- Delamar
mines at Delamar, Nevada. is manager
t the company, and b. w. Turner is
uperintendent.
Tonopah- Eclnont.
The Tonopah- Belmont and the linn
,utler companies, owning the ground TO
he east and south of the Tonopah COM
any's holdings, are under the man
cement and control OF the latter COM
any. The Belmont is being operated
rough the Desert Queen shaft and IL
hipping about 100 tons per week of
lgh grade ore. The Jim Butler is do
lg only development work at present, |
Ut piling up q heavy tonnage of mill
lg ore. Both the Belmont and Jim
utler properties are among the big
lines OF Tonopah, especially the Bel
lont, as 1t carries the eastern extern
on of the big leads OF the Tonopah
ompany, the Mizpah, Burro and Val
" View. The combination of the |
onopah, Belmont and Jim Butler is
o doubt one OF the most valuable
roups Of mines controlled by few
len in Nevada.
Montana-Tonopah.
The story OF the Montana Tonopah Is
ne that Is full of interest and illus
ates what nerve and perseverance will
D In mining when backed by good /,
ldgment, and the story OF Montana
onOpah cannot well be told without
aference to Chas. II. Knox, the presI-
ent and organizer OF the company and
5 first general manager. Charlie
nox, as no is popularity known In
onopah, came to Tonopah first in 1901.
lie had purchased block OF stock in
le Tonopah company IN Philadelphia.
here he was In business as manager
the West q Knox Mani. CO., manu-
'cturers OF fire protection supplies. Mr..
nox had, from 1889 TO 1891, mined IN
ontana, near Butte, and knowing
)mething of mining and methods, came
Tonopah TO look UP his investment
the Tonopah company. lie was
ION convinced of It's value and of the
reat possibilities OF the camp, He
ided to his holdings In the Tonopah
lOther large block of the stock, which
e still holds and soon commenced ne
citations to acquire the ground which
now comprised IN the Montana
onopah company holdings, II claims
I'd several fractions. The task was
II an easy one, for there were Al In {
Ividual owners IN the different claims, {
nd to unite them all IN one company,
loh man to take stock for his inter- /
OBSERVATION-DISCLOSURES.