Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1909-10-03
silver BOW
IS ON THE EVE
OF A REVIVAL
INCORPORATION OF NEW COM
PANY MEANS MUCH TO
THAT DISTRICT

I'VE do not adjoin any big prop
erty nor are we guaranteeing div
idends to the stockholders within
remarka ably short space of time"
said ]. G. Crumley, president of the
Silver Bow Mining and Milling COM
pany, yesterday.
THE property owned by the COM
pany consists of A full claims and
two fractions, which are located in
the heart of the Silver Bow district.
This property is unencumbered and
when the 100000 shares of stock
offered for sale are subscribed for,
we will start in mining on legiti-
mate basis. Numerous veins APP
pear on the surface which assay
anywhere from dollar to $500. In
fact on one of the veins we received
a return of $50 to the ton.
Two shafts have been sunk, one
to a depth of 60 feet and the other
20 feet Both Of these encountered
ore.
"The Silver Bow district is des-
tined to be one of the greatest pro-
ducers in the state and it has never
been turned down by any of the
mining engineers who have exported
it. An estimating engineer recently
made a trip over the route of the
Ely-Goldfeld line for the purpose
of securing data on the possible ton
mage that will be shipped over the
line when it is completed. He Wis
tied every camp and prospect on the
survey and on his return stated that
it was his opinion that Silver Bow
would nearly equal Typo in the pro-
duction of ore. The Importance of
this statement can be understood
when it is known that Typo is one
of the oldest camps in the state,
while Silver Bow has only been in
existence a few years.
I'm the past the Silver Bow
mines have not been worked prof
itably owing to the ore being of a
low grade character. By the time
the heavy freight haul was made,
the profits were entirely eaten up.
This is not true in several cases
where small shipments of excep-
tionally high grade ore was shipped,
but on the whole it has retarded the
growth and development of the dis
trict.
Now that the parties back Of
this railroad project have announced
that work will soon be starte6
building the line, the transportation
charges will be greatly reduced. A
spur track will be run to Silver Bow
and the surveys show this to be on
an easy grade The advent of this
road to the camp will be the means
- of practically rejuvenating the en-
tire district. There are now several
properties that have sore that will
not pay to be hauled by team, but
which will return a handsome profit
when transported by railway.
"The shares. of stock will not be
issued until the 10th of November
and if at that time the entire 100,
900 shares are not subscribed for
the checks will be returned to theil
owners.
"As I have stated above, we dc
not adjoin any big paying property
but it is our intention to make the
other properties proud to state thai
they adjoin us. The shafts do no
comprise the entire amount of de
velopment work for there have beer
several cuts dug, many of which
have opened up ore. In fact worl
has been done on every claim to {
good advantage.
1--WE will employ competent
mining man to supervise the worl
and if the present showings coun
for anything, we will have a min'
there within a short time. Ever!
cent received will go into the grount
for it is not our intention to pa.
high salaries to officials or expent
anything for stock brokers' commits
sions. The officials of the compan.
will attend to their duties withou
pay. At the end of each quarter
statement of the work done will b.
mailed to the stockholders showing
the progress and the present condi
tions."