The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1907-10-24
IC MINING
ROP Err II RICH

Local Paroles Are Intercsted and
Have Splendid Prospects In
Old Asxico.
The following Is q true COPY. OF, .
letter from y. e carnahan, of Can
ton. o.:
New Maftlnsyille. w. Va.
Oct. IS, 1907.
"a. p. Gladden. ESQ.
C5arksbnrg. w. Va s
Dear Hir:-I wrote you letter
this evening while enroute to this
y point. would have been much
pleased to see you. but am compel
lea 70 get to Plttsburg. Pa. The
: more ] think over our mining propo-
siticn and consider the natural re-
sources surrounding us, the more !
am convinced we have one OF the
greatest mining properties in Old
Mexico. / want to give you a few
figures which regard as safe In
every particular.
I From all that we have seen while
there, and from what We gather
from those who have visited the
mines since we were there, together
with the report on various ASSAYS
that have been made by disinterest-
ed parties. as well as by experts In
assasying. our ores. there is not a
single doubt about the great rich
1 ness as well as of the almost mex
haustible quantities Of ore in each
of our five mines. There is no
doubt about us handling our cheap
ore in smelter and making profit on
the $500 grade OF ore, with our
cheap fuel and water power, then
II we work our ore that win net us
$4,000 to $4,000 per ton, and put
in concentration tables that would
work so tons per day, and reduce
that to 10 tons and mix with our
high grade ore In smelter this would
reduce the cost of fuel to one-sixtni
or less, and with a so ton smelter,.
which I have fully decided to In
stall. will give us a capacity of 10
tons ore per day.
Now with water-jacket furnace,
It is liberal to say we can-keep 1t go
ing at least $40 days in the year,
4; fch would give us capacity of
400 tone of ore per year. It
Seems conservative, from all the
tests that we have made, that we
could run on $4,000 ore, which
would give us the fabulous sum OF
s14.400,00o the first year, and with
q doubling OF the capacity the sec
ond year, you can figure on this as
safe basis with FIVE such mines as
we own. considering too, that we can
) handle all our ore from mthe I'VE
mines by means Of aireal-automatic
working buckets, (not another such
q site In the Old Republic. for five
mines In one company You can
readily see It Is only a matter Of
working to get the smefter started,
which will be the beginning OF a
mfmning proposition that We can feel
proud of. and am confident that
five generations will not see the end
Of the valuable ore in any one OF
these five mines. am also conf
dent that we can get all the valuable
ore We can use in smelling, by doing
custom work. You doubtless re-
member quite a number OF mines
we're seen on our trip, all within 100
s or more miles. were waiting on the
operation of our smelters. II we
work nothing under $4,000 ore for
custom work. It would pay us $4,000
per ton for smelling only.
However. You were on the ground
and know we'll what we have. Can
we hope to have you go with us on
return trip during this winter,
ppabtless YOU can secure yopr fay.
orite bucking mule. Dam You-An-
ma" for the second trip. My wife
and Mrs. John Goudie will 60
through the mines with us this win.
ter. We shall hope to have you
present at the directors meeting mex,
month. which will meet in Pittsburg,
Pa: You will have notice of tho
time.
nor sTEALNd a RAZOR.