New-York tribune., 1907-11-04
NEW.S FROM THE MINES.

Thomas Nevins Son, the financial agents OF
the Cobalt Central Mines Company. have JUS.
issued to the shareholders an illustrated pamphlet
describing the plant and works OF the company.
The pamphlet also contains interesting informa-
ton as to the various shipping mines In Cobalt,
giving the acreage Of each. capitalization. par
value of stock and the tonnage OF ore each has
shipped in the period from January l TO October
10 of this year. a complete map OF the Cobalt
district IS also contained in this pamphlets which
makes it one Of the best sources OF information
regarding the Cobalt mines which has yet been
published 1t Is expected that the concentrating
plant of the Cobalt Central Mines Company Will
begin operations before November ID, the engtns
which was required 70 finally complete the plant
having arrived. and It is now being installed Ths
operation of this plant is a matter OF much inter-
est in and around Cobalt. it will greatly In
crease the ore handling capacity. The COniagas
and Niplssng companies the largest shippers and
greatest earning companies in Cobalt, are ha- ing
only from 80 to 50 tons Of ore a week. wh-.s the
plant in operation Will handle a minimum of hftv
tons a day. or six times as much as @ the eompa.
also owned by the Cobalt Central Company Is
now being carried rapidly, and the officers and
management of the company expect 10 strike r1ca
forty-acre tract. which IS surrounded by. and ad-
Joins the Trethewey, Coniagas and BufIalo mines.
among the most valuable properties IN Cobalt
A. r. Shepherd. jr, assistant general manages
of the Batopilas. reports encouraging hnprovenens
at the mines. The foot wall thread OF San an
tonic vein is yielding handsomely. giving an
average of five bars OF silver bullion tabout SD
pounds) for the days The prettisst signs.
however are reported as coming from the Giral.
south workings, where a "pOzo," or vault. Just
opened. gives heavy indications OF imminent and
extensive bonanza. Camuchin IS also an activs
producer. as evidenced by the taking out IN
single day October p. Of five bars of silver from
have Sy reEeniT been e9roSRfere with great ire,
date vicinity Of the present workings OF a very
yield of the BatopiIas mine was $4,000. The COM
Rany is now paving diyde7nds OF 1213 per CEN.
tory. Investors have been buying during the last
few weeks.
The gold properties on the curb have shown less
depreciation. owing 10 the fact that gold is tls
standard OF value and in times of commercial and
financial depression the product OF these mines
does not huctuate Ike silver copper and other
metals AS matter OF fact its producing power
appreciates when other commodities decline
Among the stocks which have been in steady de-
mand recently has been that OF the Old Hundred
Mining Company. which is OF the largest ot
the gold producers in the Silverton (Coll district
The company owns Galena Mountain, and its sup
ply Of low grade ore is practically ineXhaUstibe.
according to the opinion Of Otto Stahnann and
other mining experts. The value OF the ore runs
from so 10 so a which is considerably larger
than that of the Homestake mine. one of the vet
cram dividend payers or the low grade properIes,
The mine is similar in character to the Camp Bird
and the IOmOoN-
The great Montgomery -ShOshone Milling plant.
BullfroS. which was constructed by the Traylor
Engineering Company Of this city. had run q
more than week from the time il started.
without single moments stop, according 10 ad-
vices received from CiOldfeld For mill ot
such size TO perfectly at the start is said 10
be quite unprecedented The mill is supplied with
water from "a 1000d)g gallon tank. which is filed by
electric pump, situated the opposite side %
Bonanza Mountain The mine pumps and machine
drills are operated by a 100 horsepower compressor
engine.
The Mining World says "The mining and met
aliurgical industries throughout the world to-day
in better position 10 earn profits at low
er prices for their products than PCS
sihle before the of improved machinery and
processes made possible the economic treat-
ment under the supervision of advanced technical
Skill OF the vast low grade deposits The eX-
tension OF main line railroads into the newer camps
of Nevada and other states has also materially
benefited the mining industry"
The. method of construction Of the oxide furnaces
for the Kelly mine OF the Tri-BuIon Smelling and
Development Company is of interest 10 mining
men. They are being built with walls twenty-seven
inches thick. and in small blocks Of two four
furnaces each, 10 facilitate repairing Each block
can thus be cut out and repaired without disturb
ing the works of the entire plant As the furnaces
are large and the walls thick. the heat radiation
will he slow The consumption Of fuel will cOuse-
quently be reduced 10 point below OF former
practice The heat conserved in the walls will spread
on the charge. working faster at the beginning
Of each batch by acting an absorber of the heat
trom the end Of the previous charge. which viii bs
radiated from the walls - the given charge Thess
conditions VIII Increase the capacity o. the plant
per square foot of crate area. The shares Of the
Itl-FuAon company We're in demand last Week.
with acquisition by substantial interests