The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-07-16
NEVADA In THE LIMELIGHT
New York Mining Outlook.

With Goldfeld Consolidated leading all the mining and mfalurgieal
sumpanies of the world in the magnitude of dividends discussed during :he
ss half IF the year 1910, it is more than interesting to note that from nj
nns of the state Of Nevada % the most cheering reports of mining oP
asc continuity and richness of ore bodies is being proved beyond the question
If doubt, there is rapid development in the opening of ew properties, and
hab bringing to a state of greater productivity a nd activity properties which
have beer for a long time dormant; great expenditures are being made for
new eouipment for the increase of efficiency, and new strikes are being re-
nred with much regularity. Odtime mining districts are being revived,
and soon will be adding to the grand total of the states bullion outprt, which
has been mounting by leaps and bounds during the last few years.
In the httercl class may be mentioned National which has just made a
Jhnmept of 100000 in gold bars. Gcldfeld is going ahead in a way that prom
is this wear to add $l6O OO 900 to the wealth of the world. Tonopah is IN
the map to stay, and the latter reports of thu district presage for 1t a career
which in time, may dim the glory of the wor!dfamous Comstock. FairvieW,
almost forgotten since the panic, has come to the fore with remarkable
tribes fonouinp the discovery of bonanza ore caste of the faalt in The
Nevada Hills property, ard will Don begin to rank a a producer of import
sne Seven Troughs in line for aonors with a production from re that
breaks $50 to the ton in the mines. Lucky Boy has not faded with the
months but is producing heavily. Work mas been resumed at Phoebe, and IN
ether sections of the state where precious metal mining IS In vogue. very TO-
port is encouraging.
is the story of the states copper districts, Ely and Yermgton. Ely, which
began the production o f copper lest than two years ago. is turning ut the
red metal at the rate of 7OOOOOO pounds annually, with only n rim as
vet in the producing class. Costs on this production are n at "a
thor conner eamn in thu world. When the Giroux, Ely Consolidated, Es
tonEly, Hidden Treasure, Mechanically, Turner-Ey and other promising
properties under development shall have arrived at the producing stage
Il is 10 far cry to imagine that the camp may wrest from Butte he laurel
Of heaviest single district production.
In a short time Yerington will be in the producing rank, equipped WIN
railroad, smener and all other facilities, and having mines which ran .
high grade producers. Other camps IRE candidate tor p"ohe ''en'o "'
while it is probable that will evera acquire the fame which attaeheo .
the oomHock and other famous producing districts of III state the output
Of which caused the demonstration of silver, it is certain hal n a rev shof
years, Nevada production-wil be of staggering Importance.
As a producer of the precious metals, Nevada IS withou q peer, u
even rival. Lin history; and it would DE a bold man indeed who, IN the hghS
of recent Developments, would attempt to prophey its future. Thc state is
asurdly in he limelipht: and the investor who is wise to the tnation "i
bay Nevada issues for investment, for dividend yield, ard for norm
speculative profits.