Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1913-12-18
pARADoxEs OF MINING.

DRoOF that the wealth been fully
evidenced by the purchase by the Tonopah
Mining company Of placer property in Colorado Probably mol
other western paid the development
than has Colorado Yet right at the back
capital city lies body of gold estimated by competent
of money What this amount
conjecture the time but there is sufficient
proof convince the casual observer that the requa must have
been in at least six figures
Tonopah Mining company looking for anything
small seeking for something the prospect stage The manage
corporation year that it
building up treasury for the purpose pepeuatng the existence
of that company The treasury has the of
100000 acquired of Toopah In twelve
years the company Tonopah proper
76O62 from which dividends aggregang
18O00 paid The investors have gruge against
Nevada they also the Nevada Wonder which has paid
dividends and is fair continue the distribution Of profits
But the paradox Of the situation is the selection of
differences the ideas Of regarding
properties under bond For instance John Hays Ham
mond John Benson and Thomas Walsh representing the Camp
Mining company Colorado Nevada looking for
property could be relied poong the existence of the Camp
Bird after the mine Oua Colo should have passed the zenith Of
its production These against whose professional and practical
standing nothing be said examined the property of the Godd
Consolidated turned down Yet that property holds the
dividend payments without peer the American
continent The Tonopah and looked the
ground but that somebody had erred their
estimates of this and that the outlook would
extended investment Their judgment faulty the least
They did buy and elsewhere look something that
would the requirements of their directors is fair to pre-
examined Colorado field they
find anything that would up their expectations Finally
they acquired the Santa Gertrud MILL old Mexico
ample time to reflect the fortunes of unsettled republic
of Utah found what he
invested fortune while the Salt Lake Mining exchange
trying interest outside capital in Utah properties The Denver
chamber of last spent something like $4,000
courage prospeetors find that
approval Of outside capital and there single
capable of standing the test Yet spite of all these facts and
thorough fine forthcoming Colorado
property that worked when Colorado territory
old when the state its pulling infancy possesses merits su
cien to interest such conservative group of capitalists
Philadelphia of the Tonopah Mining The
made by f. Spur former head Of the United States
cal survey after careful consideration of Of other
and is natural infer that his Judgment
ons known others and that his choice will be BY
series Of dividends from the investment The salient
is that placer that supposed have
should have the elements that would proposition
experienced miners The cheapenng of
cheap electric and the adoption of methods
operating large scale will undoubtedly compensate
when the crude treatment of earlier days failed
pay.
The moral pointed to the revival of
which coming back after twenty years neglect
places Aurora supposed to be worked