The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1911-07-08

That the Nevada Utah Mines &
Sme.ters corporation and the Ohio
Kentucky Mining companies have
finally reached an agreement; and
that the difficulties which have pre-
vented the operation Of what Is now
known as the Consolidated Fi~cae
properties, has come to an end seems
to be an accomplished fact.
Representative OF the two inter
terests came together in Salt Lake
several days ago when an understand
ing was arrived at between Ernest
Il. Woolley representing the Nevada
Utah and Ernest L. Godbe, represent
ing the Ohio Kentucky. The direct
ors of the former approved the action
Of President Woolley by wire; while
Ernest L. Godbe departed last Sat
urday for Louisville, Kentucky, for
the purpose OF gaining the sanction
OF Col. J. L. Hackett to the trans
action.
The details Of the merger have not
yet been released; but the net re-
suit is that the Nevada Utah acquir
es by purchase the Ohio Kentucky.
interests and with the Consolidated
Phoebe is to be merged into the Anal
gamated Fioche Mines company. The
ratification of the deal Is expected
almost any moment; and as soon as
this is done; the new management
win start work at No. l shaft OF
tie consolidated Phoebe. Nothing
then, will stand in the way OF the
rapid placing Of this property In posi-
ton to produce upon an enormous
scale. .4lI&
Last winter when development was
Id progress at No. shaft, connec-
ton was made with the old Raymond
& ely drift to the famous BLACK
ledge. from the 1300-foot level of No.
/ shaft. The old R. & E. drift was
found to be badly caved; but when
work ceased the avenue was almost
clear of the obstruction. Two weeks
more work would have made the
great resources Of the mine avail
able. I4lAA
With the settlement of the long
standing despute, Pioche will soon
enter upon a new era; the inaugera.
ton OF q season OF prosperity here
tofore unknown to this camp. The
fact that the smelters are clamorins
for ores from this district at the
present time PAGES hits region IN
an enyiable position; for In the past
the smelters, whether for purpose
or not, did not care to supply an
idea. market for the miner. Bu,
new men and new money have acquir
ed interests here and they come pre-
pared to do things.
In the past many things have beer
said and written about the wealth o.
ore contained In the mines of Pioche
yet tnose who have had control have
not made the showing in shipment
that might have been expected. Blu
the barriers will soon be removed an
under the nea regime, it may b'
expected that the railroad compan,
Will have NO cause for complaint owe
the tonnage that will seek its wa,
to the smelter, say nothing of u
inconlnss freight. wnen the Amalsan
ated Phoebe takes hold in earnest
Chief Engineer Parker CT the NeN
ada Utah was summoned to Sal
LaAe yes .ereay by President Woo
ley, presumably on matters pertain
ing to the new deal.
A SALT LAKE ACCOUNT
The following relative to the Obi
Kentucky-Nevada Titan nesot ~,
Is taken from the Telegram Of Sal
Lake:
"Since the arrival of Ernest Woo
ley from New York a number Of col
ferences have been held between til
controlling interests in Nevada Uta
and Ohio Kentucky Mining compaI
les, with the result that an agre
ment to consolidate has been reache
Papers were signed late yesterds
Afternoon, which in effect provit
that Nevada Utah takes over Il
controlling interest in the Ohio Ke
lucky properties in the Phoebe cam
Woolley. who is president Of the Ne
ada Utah Mines and Smelters &C
poration, signed the agreement +
his company. and Ernest God
leaves for Louisville, KY, today
get the signatures OF Col.Hackett al
others who hold the controlling
terests in Kentucky. There appea
to be no obstacle In the way Of co
summating this deal, which W
give the Nevada [ tab control of
large mineral be in the Pioc
camp, including about 1000 acres.
"A number Of efforts have be
made to bring about this merger sil
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