Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1906-05-01
MINES FOR INVESTMENT.
Pithy Item From Southern Nevada
Newspaper.

ly after the first news of the San
Francisco disaster Was received in
Manhattan
The y. tier of the article is Max
Jnnehiendel, who after nearly two
years continuous prospecting Is nov
one of The largest Individual holae.s
of mining la;n!s in Southwestern Ne
vaja and lie IS -. ognized as che o.
The best informed mining engineer in
Nevada
THE calamity which has stricken
the Pacific Coast and which NAV
prove the greatest disaster ever ex-
=er'enced in human history, will no
doubt, exert its influence upon the
fourishing mining industry of the
State Of Nevada. Pessismists are IN
clined to believe that this influence
will be detrimental; that for months
to come the mining activity will be
crippled and that mining stocks VIII
correspondently decline. On the
other hand optimistic minds can see
for Nevada a silver lining trimming the
dark clouds which are hanging over
the Pacific Coast.
Nevada though in prehistoric
times the scene of tremendous volcan-
ic upheavals, has been s.ngularly free
from any great seismic disturbances
during modern times. 1t seems as II
within her boundaries the plutonic
forces have spent themselves. become
extinct and left as reminders of their
former activity those immeasurable
deposits of precious minerals which
are destined to make Nevada the
greatest metal producing territory the
world has ever known.
1T requires an immense amount OF
capital to develop those ore-bodies and
to make their products ava.Iable for
the service of mankind The recent
discovery of these Incompatible re-
sources occurred at time when CAPT
tai was not favorably inclined to m Il
ing and preferred Investments in real
estate as safer and more lucrative
Hundreds of millions have been in
vested during the past few years IN
real estate. especially in San Fran
cisco and Los Angeles. with the re-
suit that acccr ling 10 the law q
demand and supply, property values
have very often doubled and trebed
within one var. This eagarness OF
capital TO favor real estate has Gre
ated, IN many Instances, entirely spec
ulative values, and the profits oI
shreWd real estate investors have been
correspondingly large. Under these
circumstances the mine operators try
ing TO interest capital in the develop
ment Of mining properties had a hard
task, and his ali' RS did not uslid y
meet WITH desired success.
The disaster of last Wednesday
crlel and Siuesolnc as it is, may act
as a corrective. 1t may serve as an
object lesson that Investments in real
estate are not by any means the safest
and most lucrative, but are exposed 20
depreciation from various causes. It
may further call attention TO the fact
that legitimate mining N Nevada
based ON resources of unquestionable
richness and conducted according to
the latest progress of mining geology
aud engineering as we'll as on sounc
business principles, affords today UNI
cqualled opportunities for the invest
nent of capital, with larger return:
and greater security than real estate
Nevada. dumbfounded and deepi,
sorrowed by the catastrophe which
has devasted her neighboring State
has no reason whatever to fear TO
herself any serious consequences. Or
he contrary, her mining industry vii
receive an unexpected impetus by tn
capital is bound to take in her legit
mate mining enterprises"
History and dynamic geology teacl
that such violent movements in TIL
earth's crust as experienced this wee
occur at only long intervals eXtendin
over hundreds and thousands of year
The Pacific Coast, judging from pas
experiences, has settled down one
again and will be free from an
serious disturbances for a long period
There is no question that this opinio
will ultimately prevail and that Sa
francisco and the other str cken con
hunities will rise again. PhoeniX-lik