The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1906-05-15
MAN OF THE HOUR
IN ELY'S DIGGINGS
An Appreciative Article Summing
Up Mr.. Requa's Work
Here.

Joseph -, Jelhl1lS. w ITO heepS
the readers of the Inter Noun
tain Republican of Salt Lake
posted on development in the
mining world, has written the
following article for his papes.
THE News has an idea that Mr..
jenkins knows what he is talk
ing about and therefore we pub
lish the article in full:
NJ. l.. Requa, of all others the
man to whom Ely, New, is in
debted for its reclamation and
its luster as a star in the firma-
ment Of copper, is again at the
general offices Of the Nevada
Con. in Salt Lake, and upon the
splendid results that have been
achieved by him in the neigh
boring camp is being congratu-
lated by local interests, not a few
of which have been enriched by
him. 1t was Mr.. Requa who
passed by the doors of Tonopah
and other camps in Nevada's
wonderful sisterhood and who
pitched his tent at Ely at Il
period when it was just begin
ming to stir after years of sus-
pended animation, and who be-
gan to prospect it. 1t was in
September, 1902, that he found
the courage to commend it to the
world as safe investment and
the pioneer company which was
to be succeeded by the present
was launched. With which to
dig and to exploit his convictions
that within the zone was one of
the greatest of copper mines, he
resorted to the sale of shares on
which a valuation of 23 cents
was placed. The contents Of the
treasury exhausted, he began to
draw upon those whom he had
rallied for half cent a share,
dipping into his own pocket for
the greater portion of it. Final
ly he became bold enough, with
the copper bearing ores respond
ing to every shot, to ask for an
assessment of a cent a share.
This was criticised and those
who thought it extravagant lost
no time in Kidding themselves of
their holdings. That was four
years ago. Since that time the
shares have sold for better than
$40 and the properties of the
company on basis exceeding
500, 900. 900, while on yesterdays
market they were eagerly sought
by those conversant with their
resources at better. than SIS, 200,
900.
Having developed tonnage
of copper, gold and silver-bear.
ing ore the extent of which it is
almost impossible to compute,
Mr.. Requa began the campaign
of equipment. Not only does
this contemplate huge concen-
traitor and furnaces with which
to reduce the output of this, but
line of railway. The latter,
| the Nevada Northern, is APP
preaching completion. Upon the
mill and smelter construction is
/ to begin at once. The former
will have a capacity OF 5000 tons
day to begin with; the latter
to be equipped for the reduction
of whatever tonnage of concen-
trates shall be produced at the
mill. Ultimately the mill will
be equipped for the reduction of
10000 tons Of ore daily, the fur
naces to be correspondingly in
creased.
Mr.. Requa, who retains the
general management OF the I'M
dertaking at the solicitation of
the Guggenheim Exploration
Company, which induced him to
part with the control short tine
ago, said during the day that an
inability to procure labor has de-
layed the construction of the
railway which is at present near
ing the camp, and as work on
the plants cannot begin until
more means of transportation are
provided, the latter are accord
ingly delayed. However, it does