Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-07-24
MINING, BUSINESS And STOCKS.
.E|GUREsAND| FACTS
ON YER|NGT0N MINES
~ h Realty Writes Interesting story
or Condition OF Properties ~
I Mason Mining District

II y. Beatty Writes lHtCrSs'insss -
az Condition OF Properties In
Mason Mining District.
4 some interesting figures and and facts
relative to the mining propeerflties ~
Yerington In the Mason mining dls-s
8trict. Nevada. are given BY j. -
Beatty. Who with Heber NJ. Wells FL w
Mont Ferry and number OF o 'l'li =,
in interested in properties ana 4ie ti'lsNs
III the district The following account UNI,
of the district by Mr.. Beatty appeared
& in the Yerington Times:
Reasons why Terington stocks are y
bargain and should be bought at pres
ent prices and much higher. The Ma
son Valley has as much orc in sign as
tile Calumet & Arizona had when II
sold in the open market at the rate oil
$50, 100000 for its outstanding stock
Many mines are today selling at ~
times the price of Western 5N eV sit,
and their ore reserves would ia short
13of the reserves in this mine ! 4 they
we're closely examined. This company
has crosscut so feet of ore on the 3vo-3
u foot level and is now prosecuting the
same ore body on the 400, with strong
Indications Of breaking into II on Tie
4 50O-fnot level. AZ n
B. ,'he apex of this ore body was also
cut on the 2oO-foot level. Will as
sumo for example. that this body y
100 feet wide by 200 feet long by 200
feet deep and allow 10 cubic feet to the
ton which Is ample, and the result Is
400, 900 tons OF ore; allowing so pounds
of copper to the ton, ard IL cents per
3poind for copper. the gross value OF
4 this deposit would be ss3,sio, 900
,gADA-DouGLAsa BONDS.
The Nevada Douglas. 6 per cent col,- 4
yertible bonds arc an exceptional first
class investment. 1t has already been
made public by eminent engineers,
s the value of the ore Blocked out in this
mine With smclter and railroad facil-
flies, this company can produce 500
+ tons per day, OF s percent ore Figure
this output at d cents per pound net,
which Is conservative, the Sannual earn.
Sings will be s9l2, 800. Therefore, the en-
tire bond Issue can be liquidated. and.
a. surplus fund Of 100000 created in.
one year. Thisrate of production ca u
< he kept up for several years from the
present openings.
The gypsum deposits owned by this
company are estimated, by the same
engineers, at a0.Q0D,000 tons. Cut II
Z down to To- 100000 tons, and this product
alone. worked on ~ moderate scale. at
4 SO ton profit, can be made to return
4 the company s250, COO a year net, for
Y go years. $ x
3 And nj orningstar City forms the foot
stool for8s those vast treasure vaults;
and this is not AL. tho Nevada Bon
ANA Copper conpatly's mar orklngs
are right at the east end of Main
street and the Yerington Central With
its3ore reserves lays 20 o O feet furtilcr
east, This company also owns gypsum
491s rJOs II q of v.lSt mDOrtSuCn 3s - ses.a
WILL Build MoRNINGsTAR.
trheI Nevada Queen, will also be a
great factor in8tlle upbuildfng of this
metropolis s(NIorningstar) bys5the de-
Nelopment Of Its large mineral area 81
Z The four last named properties are
termed CbS the write the I3onnilzit
Girele{of THE west slope, from the fact.
that, by circunscribing Il seni-circle;
using Il jls mile radius and USING
Z the east5$end of Main street for the hub
s55whieh$is close to the Nevada Bonanza
main shaft, You have well within the
bounds of this semi-circlo all o the
mines thus referred to; the Nevada
Douglas forming the south triangle
and the Nevada Queen forming ,'I t n,
north triangle or the semi-circle. and
A the erington Central and Is Nevada
bonanza almost forming a rectangular
tract through It's center.
l5as ISeep8your eye on MorningstarS CITY
4 also on developments in the bonanza
circle; the Nevada Douglas Is q Won
4 derful: mine; 20 this company is due Q1a.j 9
great deal OF credit for their ind omit
able jperserverance ingfinancing and de-
ycloping their property during thu
financial stringency, that presa lied !! hf
J lcountry5over since 90T This district
(MoringstaiO Is going TO have g ran
road !; credit for this indispensib Bile I'M
liroyement is a lsos due to the Nevada
3 Douglas company Will
HAVE STRONG MEN.
Investigate the personnel of the 81
rectorate Of the different conlpanie'
operating within the Bonanzo circle
+ and you will lind that they are al
men of unauestionableS character mel
who have made a success in privat'
matters and are thoroughly capabl
OF handling the affairs of the cor
poration Something will be heart
III from, at least. one of these properties
in the near future. Don't overlook Y
L and say In Il year hence. II ! i ma
only bought so In so, look what hat.
would have made. The opPortuni,t
( is open for every investor to max
money in this district. n
err