The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1908-01-06

In the lie OF every mining camp
shich has reached the productive
kfaee there are three eras, known to
al who are familiar with the fortunes
of the mines First are the boom
days, Immediately following the dis
eoyery of ore; then comes the period
oil systematic exploration and tedious
demonstration, depending upon out
aide development capital; and at last
lie time Of milling, shipping and di-
vidends. In that final stage is Tono-
pan.
Tonopah Is milling and shipping
H. ores ana from the proceeds paving
dividends having developed into the
velvet order five mines and having
pushed 10 The verge of such goal a
score Of others.
The Tohopah Mining company
awning the Mizpah, Valley View and
other properties. Is corporation
Known the world over. IT has de-
clared dividends to the amount OF
$4,000, 900 and has at present sur
plas OF S3,o00,O00. Gntil recently
H. affairs were controlled by the
Brock interests of Philadelphia. but
that administration was dcwned by
a steady and foreeful opposition, or
ganized among the stockholders and
dc change of policy augnrs well for
tbe mine and its securities.
Brooks retirement means broader
plan for Tonopah. more money in
vested in the camp and larger bal
hnees left in its banks. Formerly the
lash. prcfss of tho mine went TO Phil
adelphia, there being retained in the
district only sufficient 10 meet cur
rent expresses. Payrofls on the 10th
OF each month were met by funds
forwarded from the Quaker City.
Eacn week, under normal eondi-
tons, the Tonopah Mining company
ships eco tons of high grade to
the smclters and $500 tons of ore to
its own mill at Millers. This COM
pany plant Is equipped with 100
stamps and is one of the finest re-
dnction works existing In America.
II is now operating 10 its utmost ca
paci1y, its 20, contracts beinl shipped
10 speltes
! ents years from now, according
(1ie most eminent authorities who
yhave been privileged 10 see the dig
EAiEaf lhhBifhii MiliiHE VIII h'
heavy producer. There is blocked
ont in It's extensive workings today
enough ore TO satisfy the most ex-
ceasiye demands for eight years toI
come.
Belmont Is another magnificent
producer whose control has passed
from Brock 10 Morgan Tillinehast.
the man who led the anti-Broek cru
SADIE and established himself as vice
president and general manager. Tn
der the new regime there have come
numerous alterations of management
and the Belmont IS proved a greater
mine than was ever before thought
for H. The Bonanza Is shipping less
fhan heretofore, only because the
system of gouging the richest seams
has been shelved; hut the property
Is milling richer and more dir than
ever.
The belmont mill. of 60 stamps.
treats not only me Belmont product
but the output of other and smaller
mines, thus being made INDEPENDENT
u a profitable plant.
IN ersiwhile drawback TO the camp
of Tonopah in the minds of experts
and biologists has been the presence
at about the coo foot level of da
III intrusion. occurring in practically
~ the big mines whose workings
NJ reached that depth. Many a.
iurSbg scientists gave forth the YER
diet that this geologic interference
meant thu last of the pay shoots. In
split of this. however, there remained
ore above that level 10 sustain the
district for years. The dacite detri-
ment, skilfnlly played by stock
-mapipulators. though. was so effect
i've an argument as to seriously in
iure the market value of Tonopah Sc
earitieg. ronopah Extension tottefed
and Midway fell.
Then the engineers took their In
nings. They went TO work TO find
the pay dirt beneath the dacite Al
ready success has crowned the eff
forts of Montana Tonopah and Mid