Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1909-07-17
OUR WEST.
SIDE MINES


Calumet & Arizona had when it sold in
the open market at the rate of $50, ,OO0,.
900 for its outstanding stock.
Many mines are today selling at ten
tines the price OF Western Nevada, that
their ores reserves would fall short OF
the reserves in this mine IL they were
closely examined. This company has
crosscut $50 feet OF ore on the 300.foot
level and are now crosscutting the same
ore body ON the 400, with strong in
dications of breaking into it on the 500
foot level.
The apex of this ore body was also
cut on the 200-foot level. will as
sumo for example. that this body is 100
feet wide by 200 feet long by 200 feet
deepan allow ten cubic feet to the ton.
which is ample. and the result is 400, :
o00 tons OF ore; allowing so pounds of
copper to the ton. and IL cents per
pound for copper, the gross value of
this deposit would be -, $40. 600.
The Nevada Douglas, per cent con-
vertible bonds are an exceptional frs,
class investment. II has already been
made public, by eminent engineers. the
value OF the ore blocked out in this
nine. With smelter and railroad facili-
ties, this company can produce 500 tons
per day OF 5 per cent ore. Fignre tlMs
output at cents per pound net, which
is conservative, the annual earnings will
be s9i2. 500. Therefore, the entire bond
issue can be liquidated. and surplus
fund Of $500, 10 created in one year.
This rate OF production can be kept up
ior several wears from the present
openings.
The gypsum deposits owned BY this
COMPANY are estimated, hy the same
engineers. at $4,000. $50 tons. Cut II
down to 1900. 900 tons, and this pro-
duct alone, worked OH moderate scale.
at - ton profit can be made return the
company $3.50. 200 a year net, for sixty
years.
Aud Morningstar CITY forms the foot
stool for those vast treasure vaults; and
this is not all, the Nevada Bonanza Cop
per company's main workings are right
al the east end OF Main street and the
Yerington Central, with its ore reserves
lays 200 feet further east. This COM
pany also owns gypsum deposits of vast
Importance.
The Nevada Queen, will also be
great factor i'll the upbuilding Of this
metropolis (Aiorningstar) by the de-
velopment OF its large mineral area.
The four last named properties are
termed (by the writer) the Bonanza
Circle Of the west slope, from the fact,
that, b, circumscribing a semi circle;
using a l2 mile radius and using
the east end OF Main street for the hub
which is close TO the Nevada Bonanza
main shaft, you have well within the
bounds of this semi-circle all OF the
mines thus referred TO; the Nevada
Douglas forming the south triangle
and the Nevada Queen forming the
north triangle of the semi-circle, and
The Yerington Central and Nevada Bo-
nanza almost forming rectangular tract
through its center.
Keep your eye on Morningstar City.
also on developments in the bonanza
circle; the Nevada Douglas is a wonder
MI mine; to this company is due a great
deal Of credit for their indornitable
perseverance in financing and develop
ing their property during the financial
aringency. that prevailed, the Country
over, since 1907. This district Morn
ihgstar) is going to have railroad;
credit for this indispensable improve
inent Is also due the Nevada Douglas
company.
Investigates the personal OF The di-
rectorate of the different companies op.
Grating within the bonanza circle, aud
you will find that they are all men Of
unquestionable cha acter; men who
have made . success in private matters
and are thosohghly capable II handling
'ie affairs OF corporation. Something
VIII be heard from, IL least, one of these
properties. in the tear future. Don't
overlook it. and say in year hence. IF
had only bought SO in 30. look what !
would have made. The opportunity is
open for every investor TO make money
III this district. Money invested at the
present price Of securities, can't help
returning large -'-~6."'