Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-07-03
NEVADA DOUGLAS
GETS THE LUDWIG
Deal for Noted Nevada Copper
Property Closed in San Fran
cisco Last Week.
AN IMPORTANT ACQUISITION.
Property Has Had Remarkable His
tory--Nceotiation OF the Orems---
Purchase Price Not Given.

While it has been known locally for
some time that officials OF the Nevada
Douglas Copper company were nego-
tiatiug for the purchase of the Ludwig
copper mine at Yerington. New, MOTH
ing official 20 the effect that the deal
had been closed was released until yes
| terday afternoon when the news was
flashed over the wires from the Bos-
| ton office OF A. j. Orem & Company,
| The negotiations were closed in san
Francisco last week. Walter &, orem.
manager OF the big Nevada Copper
company, Frank NJ. Orern. one of the
| local attorneys OF that organization.
representing the buyers
The new acquisition swells the Ne
Nada douglas properties to approNi-
| mptely 200 acres and "a claims and "A
fraction Special interest attaches to
the Ludwig mines for many reasons,
They were located right after the war
by an old German prospector who drift
ed south from the old Cemstock lode
Ak Virginia city, about 80 miles dis
tant, The mires being named after
him The story goes that the prospec-
tor was gruhstaked on the expedition
by no less a person than Samuel l..
Clemens. known to fame everywhere as
Mark Twain, who was pushing a pencil
on Carson City newspaper.
The Ludwig has had n remarkable
history Among its original owners was
former United states Senator Jones.
one of the most remarkable men in
many res ''s who was ever "A men,
Der of that body Probably no man is
better known to either the politics or
mining OF the west than Jones of Me-
vada.
Specimens OF orese taken from the
Ludwig mines have been sent east and
have rendered splendid service in adj
yertising Nevada as a copper pro-
ducins state and the Yerington camp
in particular. The mines bear the dis
tinction of producing the most heauti-
full copper ores ever exhibited, aud Stew
ems Copper Handbook for 1906. a rec
oGnized authority, speaks of their Eek
ceptionally handsome malachte ana az
urite, considerable quantities of which
are sold Ia lapidaries." Tiffany. the cell
ebrated diamond and gem cutter. ia
said to buy these specimens and to
use them as settings for rings ana
other jewelry
Many shrewd observers and prophets
freely express the, prediction that Me-
vada is to tnke first rank as a copper
producing state the same as II has
done In the production OF silver. Two
booming copper camps-Eiy In the east
Nevada new interest and significance
in the past year.
Some say that Ely is the richer camp
and some accord that distinction TO
Yerington. Tho Nevada Consolidated
is Ely's Greatest mine and Nevada
Douglas is Yerington's greatest. As 10
whether Nevada Consolidated or Ne
vada Douglas Is Nevada's richest cop
per property opinion differs and the
partlsans of each are about evenly di-
vided, The acquisition of the Ludwig,
however, would seem to give the first
position To Nevada Douglas, At any
rate. the two camps are going to add
greater lstre than ever to the fame OF
Nevada as a producer of gold silver
and copper.
While the price paid for the Ludwig
property by he Nevada Douglas peo-
Pile has not get been made known. II
has long been looked on as a million
dollar property Worked in crude.
limited way last year it yielded its
owners 100000. Engineer F.. p. Jen-
nings, of Salt Lake City, made a re-
port on the property three months ago
and fsund that 1t had over a million
and a half dollars of ore reserves over
the 600-foot 'avel besides a vast amount
OF sulphide ore having a net value OF
$3.50 ton. He also reported that but
% per cent Of the ground had been de-
veloped and that the mines represented
great possibilities In the production OF
hish-gradc orr,