Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1910-12-17
DEVELOPMENTS OF
THE PAST WEEK in
TONOPAH MINES
Excellent Report Is Made By the Diff
ferent Mine Managers and Good
Showing Resulting.

The following show the reports |
of the Tonopah mines for the last
week, and 1t is one of the best
showings ever made in this district. |
In every property the work is being
diligently pushed and startling dis
coveries can be looked for any day
as a large area of virgin ground is
being prospected.
TOnopah Mining
The Tonopah Mining company of
Nevada has just completed another
successful months run of both mine
and mill, the result proving that
wonderful property to be all that is
claimed for it. From the day that
leasers started operations, about ten
years ago, this mine has been a
steady producer, earning the proud
idend-payer among the list of gold
and silver mines in the country, and
today the shipments are as heavy as
at any time in its history, with
every indication that they will equal
the present tonnage for many years
to come Each department of the
company's business is under the
management of man specially
trained for the work coming under
his supervision, the result. being
that economy and efficiency is the
ruling spirit in the mining, milling
and financial departments.
The report for the month of No.
vember, just completed, shows a
most satisfactory condition of af-
fairs, the net profits for that month
being $154,850, showing that the
company is earning each month a
sum considerably in excess of that
required by the quarterly distribu-
ton of 100000, thus piling up an
immense sum in the treasury, which
will sooner or later be divided
among the fortunate stockholders
CNACI III SHdpC Vi lnCIGdScu IC6u
lar dividends or larger extra div
idend. The record for November
shows that total of 1875 dr.,
tons of ore was crushed and treated
in the company's 100-stamp mill a
Millers, trifle less than the ton
mage treated IN October, and tn,
average to have been $22 per ton
The shipments from the mill TO
the same month consisted of 2O.41!
pounds of gold and silver bullion
valued at $224,325; 104 dry ton
of concentrates, valued at $50.7O0
and 27 tons of Stag, valued a
$1725, or total of $276,750
The average price of bar silve
for the month of November wa
$685. cents per ounce, the highes
for any month in nearly three years
or since February, 1908.
Belmont
The general condition of the Bel
mont mine is most satisfactory, an,
the average grade of ore extracte,
thus far this month shows an in
crease of value over that of No
vember, was the pleasing news re
ceived at the Office of the compan
this week. Although the differen
faces of ore throughout the min
have shown exceptionally rich va
ues for such large body of or
for several months past, there ha
been a general improvement note
as the work of development ha
progressed during the past two Q
three weeks, with the result the
the average output of the mine no.
runs higher than for some tim,
In the drifts, raises and slopes
most encouraging condition of a
fairs exist-every face exposing OF
for the full width, with no indie,
tions of limit to the phenomen;
ore body first encountered littl
over year ago, and upon whic
active development work has bee
progressing ever since, resulting
the opening up of the largest OIL
body of recent years in the stat
and one capable of providing div
dends for years to come Thoue
this ore body has been actually e.
posed for nearly 500 feet on i
strike and over 500 feet on its di
showing an average width of ov,
IL feet and carrying high millir
values throughout. it's known e
tent is being gradually extendt
both on the strike and the dip,
that it is impossible to even estir
ate when limit will be found
either direction. This fact has bee
particularly emphasized by Il
workings in the east drift on Il
1100-foot level, the most easter
point of development yet attained