Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1907-08-31
HEINzE AND HIS OPTION
ON DE LAMAR'S
BLuESTONE
BY A. ]. Orem in Orern's Bulletin

An unconfrmed rumor and one to
which my attitude is one of absolute nm
concern has gained some currency in
the West to the effect that F. Augustus
Heinze is seeking to acquire ownership
of the Nevada Douglas mines.
Speaking for the Nevada Douglas Con-
per Company and its stockholders, will
not place them in the position of run
ming either to or from such a ru1nor
They are ahundantly in position to
stand pat
Mr.. Heinze is credited with manv am
bilious activities lately with establish
ing banks in New York; with the forth
coming establishment of one in Seattle.
with gripping the Guggenheims in a
death struggle for copper smelling SUI
premacy; with engaging in another bat
tie royal with the Standard Oil-Amalga-
mated crowd as copper producer. A
news article in the Bulletin" of last
week discussed some of the phases of
the Montana mining magnates renewed
emergence into the limelight of public
attention.
Mr.. Heinze's reported designs on an
advent into the rich Yerington district
appear to be fairly we'll established. It
is quite true that he has had picked
corps OF engineers and experts exami-
ming the Bluestone mines, near the
Nevada Douglas properties. with view
to buying them of Captain DeLamar at
a figure said to be not less than $40, 00O,-
600. 1t is also announced that he is to
visit the Yerington district this month,
to which announcement considerable
significance is properly attached in view
of his negotiations for the Bluestone
All this being true, it would not be
unnatural for him to desire to add the
Nevada Douglass as the premier mines
of Yerington and the banner copper
mines OF the State of Nevada to his
holdings. That much can be stated
without indelicacy, since it would OBJ
viously appear to go without saying
Besides to do that would be for him
master stroke "a coup that would be
admirably in keeping with the daring
and brilliant operations OF man of
whom an able writer in McClure's Maya
zine" recently said: He is the great
est combination of boy and man that
ever stood in shoe leather. have never
seen man more ready to take advantage
of situation; have never met one
more calm in crises
Granting it to be true that Mr.. Heinze
is behind the ten-million dollar smelling
corporation recently organized to erect
3000-ton smelter i'll the Salt Lake valley
and that this is evidence of the serious
ness of his intentions to enter the smelt-
ING field, while at the same time en-
larging the scope of his mining OPP
erations, it would appear to hold good
that his object in entering into copper
camp of the richness and magnitude of
Yerington could not be fully realized un-
less he acquired group of mining
properties whose ore tonnage would
justify the erection of another nam
moth smelter in that camp. Should Mr..
Heinze's probable plans carry, he would
make of Yerington one of the largest
bases of mining and smelling operations.
OF course, in such situation the Ne
vada-Douglas mines would of necessity
come in for conspicuous amount OF
attention, since practically all authorities
who have visited the Yerington district
agree i'll placing them in class by
themselves, even though they are To-
Gated in the midst of copper mines OF
the first magnitude and promise.