The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-08-03
Thinks and Comment

According to their annual report
for 1890, the combined output from
the DeBeers mines and New Jagers-
fontein was about $50, 900 carats,
while in 1899 the two companies to-
gether produced some 3, 13O, 900 car
ats At the outbreak of the Boer war
however, the diamond-mining indus
| try became completely disorganized,
and the miners have apparently hard
" returned to the 1899 rate of pro-
duction. Thus, according to the re-
ports of De Beers and New Jagers-
fontein for 1905, it appears that the
total number of carats won by these
two companies for the year was
about 2,166,O00 carats, or decrease
of 100000 carats as compared with
the figures for 1899. 1t should be
understood that the figures are mere
ly approximate, as it is impossible to
find from the De Beers report for
/ 1906 the number of carats actually
recovered.
One of the governing factors in the
declining tendency of copper is the
| increased production in the united
| States. The statistical guesses, which
have been published, showing a de-
crease in the production during the
first six months of the year have been
incorrect. Certain companies have
made a slightly decreased output be-
cause they have been mining their
lower grade of ore to take advantage
of it's increased value at the high
price for copper, but other companies
| hni NJ
same reason, and the production OF
new mines has been coming into the
market.
Plans for a great new production
of copper have been in execution for
two years back. They are now be-
ginning to be consummated and the
various enterprises will be reaching
the productive stage rapidly. First
the Utah Copper company; then the
Boston Consolidated; Balaklala; Ne
vada Consolidated and within year
perhaps the Copper River district in
Alaska.
The number of persons actively
engaged in agricultural pursuits In
the United States will aggregate
about 10,500,000. This means, in
Guiding the families of those persons
so engaged, practically 40.0O0,OOO
of the inhabitants of the United
States dependent on the products oil
the soil. This is taking broad view
of agriculture, including not only
the laborers on the farms, but the
men and women engaged in dairy
pursuits as we'll. 1t also includes the
Il r6n
ers, florists, nurserymen, lumbermen
and raftsmen, stock raisers, herders
and drovers, turpentine farmers
wood choppers, and all those whit
are engaged in taking advantage o
the various products of the soil rath
err than mineral. The rapid advance
in the agricultural pursuits has beef
greater, perhaps, than those not di
rectly interested can understand
This progress has been not only II
the taking of more territory, but il
the greater profit to those so engaged
) The number of persons in the Unite'
States residing in cities is very clos
to 29,000,000; nearly 100000 o
. these persons are devoted to the dill
:. ferent divisions of trade and trans
: portation which, with the familie
: included, accounts for a very larg
part of the urban population of tn
country. Only $4,000 people are en-
gagged in gold and silver mining
. while about $4,000 work in tn
!, coal mines. Miners of various classe
employed in the different meta
mines and quarries bring the tota
,, up to about 100000 more. The pro
fessional element embraces 1,265,
= 600 The wealth of the country yer
; naturally comes from the soil. Their
are about twenty times as many pee
pie actively engaged in agricultur
as in all classes of mineral produC
] ton.
q Much money will soon be require
by the live stock interest of Nevad
2 and for the harvesting of the prod
3 ucts of the farm. While it seems t
be the policy of the banks and bank
q ers in this state to increase their re
. serve to meet any contingency tina
may arise, they must keep the farm
err and stockman in funds. Will
the greater money centers are lock
ing up enough to bridge over an
severe ruction in the money market
the real producers of the state an
! country must be kept in funds. TIL
tendency of the times is running t
speculation but gold is not likely t
be thrown into the whirlpool of spec
ulation with such lavish disregar
as has been the rule of late years
Good mining property will always b
in demand and money will be forth
coming to meet any legitimate cal
> that may come, no matter how tigh
money becomes.
There are several districts il
White Pine county that present al
most a sure return for any none
that may be invested, and capital /
too greedy to overlook any bet tina
may be made. While the owners o
undeveloped mining property ma
find some difficulty in placing thei
holdings for time, all will be wei
soon.
A dividend of 10 per cent on on
million shares of stock on the Littl
. Florence Mining company, par valu
81. 90, was declared to all stockhold
ers of record at the close of bushes
July 18th. The company enclosed
the following letter to stockholders