The copper era., 1908-03-26
MILLIONS EXPENDED
IN ELY DISTRICT.
Record of Rapid Development Unpre-
cedented in History of Mining
Enterprises.


/ Probably in no other section of the
world was there such a vast sum OF
money spent in mining development
as in the Ely district last year. The
published annual report of the Step
toe Valley Smelling and Mining COM
pany shows that its Improvements
last year amounted to 81, lis, ,S2L02,
and but for the panic, which materi-
ally delayed operations at the big
plant for many weeks, it is probable
that the sum total would have reach
/ ed So, 900, 900.
The Nevada Consolidated Copper
company spent s67S, ,8OO.2S and the
Cumberland Ely S524,97O 30.
The report of the Giroux Consoli-
dated company has not yet been pub
lished, but no doubt will show total
expenditure of something like $780,
900. It's milling plant alone, erected
during the year, cost about half a
million.
The Ely Townsite company last
year spent in improvements not less
than a million dollars, and the water
company probably a quarter of that
amount.
The Robinson Canyon extension of
the Nevada Northern railroad, an ex-
pensive piece of railroad building,
doubtless cost in the neigh hborhood of
half a million dollars.
In addition to the above sums ex-
pended in equipment and betterment
of properties, it is safe to say that
into circulation by other companies,
such as the Ely Mines company, the
Chairman, Mcdonald Ely, Ely Cen
tral, Ely Witch, Turner Ely, Boston
Ely, Ely Northern, Butte and Ely,
Tex Richard companies, the Nevada
United and many others operating in
the district, which, together with the
improvements made in the good old
town of Ely show that something like
BIC, 900, 900 were invested during the
year 1907 in this immediate vicinity.
1t is indeed Il wonderful showing
and is bound to inspire confidence in
the investing public.
As many of these properties are
now fully equipped, it is not probable
that such vast sum will be expend-
ed during the present year. The
Steptoe Valley Smelling company
will doubtless spend as much money
-, -
Giroux Consolidated company has
plans matured calling for the invest
ment of Sl,OOO,OOO.
OF these vast sums the greater
bulk of the money goes east for sup
plies, the money paid for labor, alone
remaining here. However, it shows
the investments that the various
companies have made in preparation
of the out putting of copper.
While in the future the expenses
of the companies, in the way of
equipment, will be much lighter than
during the past year, their pay rolls
for labor, in which this section is
most deeply interested in Il business
way, will be largely increased.
1t is now question OF but few
weeks until the Nevada Consolidated
company, will reopen its mines, thus
adding several hundred skilled men
to its monthly payrolis. The first
unit of the concentrating plant at
McGill will be put into commission
at the same time, thus largely in
creasing the force of men at the'l
plant in. addition to those already
on construction work. The
force at the Cumberland Ely proper
ties will also be largely increased, |
and the number of railroad men en-
ployed in operating the Robinson
Canyon Extension, will also disburse
a considerable sum at the end of
each month.-Ely Mining Record.