The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1905-05-23
PAYS DIVIDEND
FIRST OF ALL
Montana Tonopah Leads Camp
Thirteen CLAIMS Are Mcludcd in It's
Array Of Enricbed Properties.

The officers Of the company are
Charles E Knox, president; E. C. Ell
us wee president: G. F. Badgett, sec
ond vice president; Edgar Knox, Sec
Ietafy and treasurer, while Charles E.
morris, son Of the late w. w. Morris,
Is also director. Malcolm L. Mac
donald, late of Butte, Mont, is consult
ing engineer, and Donald Is. Gillies is
general manager and superintendent.
Mr.. Gillies is young man who grad
uatea with the degree of Z. NJ. from
the Mlchigan School of Mines and was
Ior eight years general superintendent
OF senator Clark's Montana copper
mines, two years superintendent of the
Parrott mine at Butte and two years
superintendent of the Pittsburg- Mon
tana mine at Butte, and he will un-
oouotedly add 70 his brilliant record
at this great mine
me Montana Tonopah mine is well
equipped Nth a fifty-t orsepower steam
moist, capable of sinking to a depth
OF 1VVo feet, ore crushers operated by
electricity, electric light plant, four
drlu Ingersoll- Sargent compressor
plant ana crude oil is used exclusively
for fuel, and it is the only COMPANY
using this fuel
The future plans of the MANAGEMENT
INCLUDE the sinking of a new triple
compartment shaft, tWenty-one feet by
nVe Ieet located 500 feet north of the
present shaft This Shaft, which will
shortly be commenced, will be fitted
with Two skipways and will be sunk
70 depth of 1000 feet and will cut the
macdonald vein at that level 1t will
also enable the new "A B. K" vein
TO be developed to better advantage.
In ADDITION to this, exhaustive expert
hents nave been conducted for the
sowing OF the problem Of the econonni-
cal treatment of the lower grade ores
al the mine and the erection of a plant
Ior tnls purpose is under consideration.
financially the company is in excel
tent condition. Of the treasury stock
1oo,VvU shares are unissued, and the
company also has a large cash reserve.
constantly Increased by the returns
from ore shipments. Over 10 men are
constantly employed at the mine.
which, except for slight repairs to ma
chlnery, has been worked continuously
since August Is, 1902 The present pby-
slcal condition Of the mine is highly
satisfactory. There are on the dumps
nearly 10000 tons of payable milling
ore, and many thousands of tons of
both milling and high grade shipping
ore blocked out in the mine, the aim
OF the management having been rather
to create great ore reserves than a rec
ord of an immense output And only
one-slxtn OF TIE company's property
has been explored
This article can be fifty concluded by
the following extract from the last re-
port Of General Manager D. B. Cfllies
dated April 1, 1906:
AT no time during the history of the
mine has 1T looked so well as to-day.
and considering the great area of
ground which we own north of our
shaft and which we are now develop
ing, together with the great strike in
the Midway, adjoining our west line
and which is now within 100 feet of the
same, and the equally important and
late strike in the Golden Anchor (both
Of these strikes meaning almost as
much 70 our company as TO their OWN.
/ feel fully justified in saying that our
future is exceedingly bright,