The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1916-01-29
NEvADA'S OUTLOOK FOR THE YEAR

The year 1916 is plainly destined to be One'o the most
notable in the history of Nevada in point OF progress and
prosperity, and without doubt will establish new records
in expansion in all industries, in the value of commodities
produced and in the development of the States natural
resources. Many elements promise to contribute to this
prosperity and at present there is no cloud IN sight to
throw a shadow of doubt upon the future. Best of all,
Nevada's prosperity will not be dependent upon the con-
t;nuance of the war. There can be no injurious specula-
ton based upon the effect that the wars termination
might have upon the value of Nevada products.
Bank statements, an infallibe index to business CON
ditions, show a substantial increase in resources. in clear
ngs and in deposits throughout the State; tie distribution
of this increase proving that growth and expansion are
not confined to any one line or few lines OF industry.
The agricultural forecast is more than encouraging.
Nevada crops are almost wholly dependent upon irrigation
and upon the volume of water available from .ate-inelt-
ing snow. Not only has the snowfall been heavier than
normal. but in the higher hills and mountain ranges the
snow, by reason of short intervals OF warm weather, has
become we'll packed and will melt slowly, 1nsur1ng a lib
era1 supply for irrigation well into the early summer.
Under these conditions the ranges are greatly benefited, as
the mountain springs continue to flow longer than IN dry
wears. Feed on the ranges is far better and cattle Will re-
quire comparatively little feeding for market.
The work of bringing new areas under cultivation, by
irrigation from streams or from artes1an wells, will receive
a new impetus this year. by reason of the prevailing pros
peritv and the success that has attended such undertakings
heretofore: colonization projects will bring to the State a
desirable element, essentially of the producing class, and
farming and stock raising will become more intensive and
relatively more productive. Figures indicative of the
magnitude of the States stock-raising industry are con-
tanned in a statement of railroad officials, who pointed
ont that the recent storm was QeldNlnS III SlnpHeHl lOlHi
Nevada points of over 1000 carloads of cattle and 5000
carloads OF sheep.
The mining outlook for the year is brilliant with
promise. Metal prices are at record height and seem
assured of further advances. Even at prices lower than
those now prevailing the greatest prosperity would be
assured the mining industry. There can be no abate-
ment in the quest for gold. The precious yellow metal
will continue to command first place, in and out of sea-
son, in the interest of prospectors and NINE operators
alike. Prospecting. while it differs in method from
earlv-day practice, is becoming more scientific, more in,
tensive and better calculated to achieve results. Gold
mines and prospects are destined to be given greater
attention than ever by capital, and with the abatement
of hvsteria over so-called war specialties, the attention
Of investors will again be directed to the standard metal
mines of Nevada. Oil flotatiOn is bringing about a rev
olution in metallurgy and will make possible the working
of low-grade mines that have heretofore been idle. The
outlook for the year presages a record increase in gold
production.
Silver mines must necessarily profit from the higher
price of the white metal. There can be no fear of a de
Cline in silver to an Improbable point. MANY new silver
mining districts are coming to the front. while abandoned
silver mines are being worked profitably. Tonopah,
Rochester. Seven Troughs and a dozen other districts
will establish new records during the present year.
Copper production in Nevada. from all indications,
will exceed in vast measure the output of any earlier year.
New mines, deposits or prospects are being sought every-
where. and the foremost copper operators of the world
are securing the State for mines or prospects. The ques-
ton is no longer one of the grade of ore, but of tonnage.
There is no thought of limiting expenditures in develp-i
ing and producing. The big ~porphyry coppers have
shown what is possible with l%ow-grade deposits and the
credulous are no longer asked to believe that the big
copper interests are seekinp to acquire copper mines in
order to "cose them down and limit production. They
want copper-the world needs copper, and the need is not
transitorv or imaginary, but is based upon present rapid
exhaustion and future necessity.
Tungsten. molvbdenum and a ha1f-score of other
metals or mineral products, all found in Nevada. are in
preat demand-a demand that will not disappear with
he coming Of peace in Europe. Surely, Nevada's imme-
diate outlook leaves little to be desired.
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