Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-11
and Extensive Development In Local Mines
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WHEN THE Summons FINALLY comes
TONOPAH Will DELIVER THE GOODS

lHDHt WHO lHlnk lue DOtlOHl Hdb
dropped out of the silver market and
that the climax in the production of
fonopah has passed should give
few minutes thought TO the develop.
ments and improvements actually In
progress in the district The latest
and most significant of these changes
is the agreement reached between the
directors of the Tonopah Mining com
pany and the Mizpah Extension Min
.ng company by which the former
will undertake the development of
the vast acreage held by the Mizpah
Ex. in the eastern end. An estate of
250 acres of practically virgin ground
awaits active work and with the rep
utation of the Tonopah Mining COM
pany for thoroughness in all that
company undertakes there cannot be
a doubt but that the eastern section
will witness a period of activity that
will awaken renewed interest in that
quarter.
The Halifax is retimbering 800
feet of shaft with nothing but the
best timber, showing that company
is far from being in a moribund con
dition and that the owners are will
ing to risk large sum on putting
the mine in shape for a long period
of usefulness and production. The
Rescue Eula will sink another 200
feet and work will begin as soon as
timbers arrive. The Tonopah East
End, mile beyond the Halifax, is
installing an electric hoist and an
electrically driven compressor to
hasten sinking through the cap rock
over the trachyte and has contracted
for an extension of the power lines
to that property.
Tonopah Extension has doubled the
! capacity of its mill and is contem-
rlal.ug still further improvements.
Che I'm Butler is completing costly
surface alterations, including the in
st;Illation of a powerful hoisting
equipment surmounted by a 70-foot
gallows frame which will be one of
| the landmarks of the camp The
! West End is developing new ore
bodies steadily. The Tonopah Bo-
| nanza Mining company, better known
as the old standard, the most west
erly location on the fiat, has begun
retimbering its shaft with the inten-
ton of sinking The Cash Boy is
putting in new and powerful equip
ment with the intention of sinking.
All these betterments are being
made by men who have their money
invested in Tonopah and who are also
! in close touch with the financial sit
uation which they are convinced will
at no distant day create world wide
| demand for silver as medium oi
circulation If these men looked
upon the existing depression in the
white metal as other than a lull in
the market, they would not employ
the time in making costly improve
ments. They have faith in Tonopaf
and they are backing their faith will
their money.
On account of the present low
price of silver, the mineral produc
tion OF Tonopah has decreased fo
two reasons
First, the silver decline makes thu
price of that metal about 20 per cen
below normal, and even if the SAM
/ tonnage was produced the value o
the metal in dollars and cents woul
be about 20 per cent decreased.
, Second, it is only natural that min
l operators should conserve their or
I supply until the market for their pre-
duction is better Hence, there is
0 material reduction in tonnage at thi
I time.
i ''lf | owned the largest silver min
/ In the world, | would shut it down
n could, or reduce its production
n a minimum under the present markt
r, conditions of silver" remarked lie
/. son Ballet in discussing the situ
:, ton 1T would be foolish to extra'
IS ore in large amounts, or to gut
s. mine for the purpose of increasir
d the output when the market como
< tions were not right The ore wou
A. be perfectly safe in the mine, and u
e strenuous efforts for its producut
n should be exerted when the price
II the metal is at the top. Almost
N suredly the price of silver will rea'
so or 40 cents when peace is d
10 clared in Europe, and it may ev'
is 90 higher
lg Germany, Austria England al
Of France are large users OF silver DO
I'd in the manufacture of silyerware al
IN In the production of the fine ar
as The Bank of England supplies Ind
e. with its mQnotary silver, and t
other countries of Europe supr
their colonies with the same met
The consumption of silver is at I
RI present time greatly reduced in the
countries, but at such time
peace is declared the demand
-- this metal viii be heavy"
"a n Physical Conditions.
lis Tonopah is primarily a silver p
i'm ducing camp-about 20 per cent
its production being silver and 30