The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-06-12

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cation of the Austin Manhattan prop
ositiou discloses that it is doing work
on a large scale and is amply provided
with funds to make a success of the
Undertaking. In our reply to your in
ouiry in our edition of April 10, We un-
willingly made several errors as the
result of being misinformed, and 1t
now appears we were purposeiy ms
informed with the view to injuring the
company. In the first place, 1T is a
vast mining proposition of great pos
sibilities and promise. The many mines
that have been consolidated have been
heavy producers in the past and VIII
probably be as great if not greater IN
the future, when the plans are worked
out. The company spent more thar !
hundred thousand dollars on the prop
erty within a year after its organization
and it is expanding money on its prop
critics at double that rate at the pres
ent time, and as circumstances warrant,
will increase the expenditure until the
developments and improvements con-
templated have been completed. The
company started off without debts,
bonds. mortgages or other obligations
and has been kept so ever since; mas
spent considerably more than $l0o,ooo
on its properties; has accumulated as
sets outside of it's mining properties of
$3.50, 900; besides having taken care Of
that portion of the underwritten stock
which was used in the purchase of the
properties. Bearing in mind that 1T
always takes some time to get a large
enterprise under way, and comparing
the success already attained with Aus
tin Manhattan with that of other com
panies formed during the past year,
the company can point with pride to
the results achieved. The management
attributes its success to the fact that
they have one of the best mining en-
terprises in the United States; and (2)
to the fact that every officer and di-
rector is largely interested financiahJ
in the enterprise and giving his entire
time and attention to the promotion of
the company's interests. These condi-
tions mean that the success OF the com
pany means success for the officers, Ill
rectors and the larger stockholders; aud
lack of success the reverse.
c. M. c., Goldfeld.-The steam
stamps of $50 tons daily capacity each
to which you refer are of the character
now in use at some of the big copper
mines in Michigan. Some of the cop
per-bearing rock in that section is ex-
ceedingly hard, and requires great
weight and crushing power to prepare
it for concentration. The stamps are
very large, ranging from two and a
half to three feet in diameter, and are
directly connected with a steam chest
located at the top of the stem, which
operates on the principle of the piston
rod of an engine. The stamps are set
on very heavy concrete foundations,
sometimes 80 feet in thickness, ami the
crushing power is so great that an IN
mense tonnage can be crushed and
forced through the screens every hour.
From large bins, the ore is automatical-
ly fed to the stamps, and $50 tons in
"A hours is not IN extraordinary per-
Torrance for each of these stamps,
which is at the rate of 81 tons per
hour. There is a wide difference be-
tween the ore in the gold camps and
the copper rock Of Michigan, and the
methods of treatment or reduction are
as widely divergent as are the charac-
ter of the ores. The construction Of
the different mills is governed by eco
nomic considerations and each method
has been selected as the best for each
class of ore.
IN. L. B., New York and others.-The
American Copper and Gold company
UNHS ~ pditHleu cidlIlS III Inc iron
King district, Arizona. The property
is opened up by six shafts from 100
to 430 feet in depth and 1900 feet Of
crosscuts, levels, drifts, etc. The prop
crty is not working at present, but the
water is being kept out. The compan.y
is waiting for the Humboldt smelter 70
resume, before again taking up work,
as it is practically without funds 20
operate on and must realize on its ore.
The property has shipped about $4,000
tons of a value of about So. The ore
is a heavy iron sulphide and is used for
huxing at the smelter. The Humboldt
s%melter, which has been taking it's pro
duct, is within a mile of the mine.
l. J. T, Portland, Oregon.-We un-
derstand from the manager of the Rov
al Flush group at Gold Mountain. tina.
the work of extending the tunnel 10 the
main ledge, from which rich specimens
have been secured, is now well unler
way, and that about 20 feet further
should bring them to the vein The
tunnel is in l55 feet, and is nos show
ing spots OF tellurium ore. Wei, known
mining men who have examined the
property express the belief that it wiz
make a mine, with proDer deyalonmeut