Arizona republican., 1917-05-17
Bic BLOCK Of
j. 8. VANAD|UN
IS PURCHASED

pany stock. in one block and to one /
man. is probably the most sensation
al development in connection with the !
operations OF the company in re-
cent days Not that the sale Was 4 /
company move, for it represented I
only a deal between a stakeholder /
and business man with Faith in the
future Of the property.
Adam Schantz. one OF the best
known and most successful business +
men of Dayton, Ohio, is the purchas-
er of this huge block of the Nana-
dunn stock. and in this deal he
cleaned up the entire Mohn holdings.
Schantz is known to be in complete
sympathy with the plans OF the di
rectors of the company and TO he pos
sessed Of the belief that in the next
few weeks there will he more sensa
tiCnal developments than there has
been at any time since the property
first passed into the hands of the
present company.
\ few days ago the largest party
that has been at the Vanadium prop
ertys few miles from Kelvin since
actual DEVELOPMENT work began, left
Phoenix. Some went by auto and
others by train. Among those who
made the trip were President +.
Payne Palmer, Secretary F'ranklyn
ID. Lane. Nice-President @. z. Plath
H. d. Renwicil, prominent Pittsburg
wholesale merchant, DR. II. H. Brax-
ton, Dr. Garland B. Couch, H. Fl.
Temple and Mrs Temple, Frank
WOOD W. J. Horspool c. L. Boyn-
ton, Harry Lane, all of this city, and
Dr. T. Nj. Solar of Cincinnati.
Awaiting the party upon its arrival
were DR. G. NJ Bentley, dean cf the
College of Mines University of Ari-
zora ard Prof. r. G. Chairman, pro-
fessor of metallurey. University of
Arizona An entire day was spent in
a systerlaticv inspection of the entirv
properties.
AS a result of this visit a decision
was reached to send at once, five
tons of the ore now being taken out
to the Arizona Rare Metals company
at Tucson, for reduction to sodium
Van3date the sodium Vanadate so
obtained will then he converted into
ferro- vanad dunn All this VIII be
done only as a test to determine the
feasibility of producing ferro-vana-
dunn in Arizona. Already it has been
determined that he ores viii be con-
centrated at the mines and a mill for
that purpose is soon to be erected.
Whether to handle the concentrates
at the mine and produce sodium van
the commercial ferro- Vanadicm is the
problem not yet souved and expected
to be solved through the test to be
made ut Tucson.
1t has however practically been
decided that the United States Nana-
dim Development Company will
| handle It's own ore through all the
! processes, though there is still a
question whether after having Sc
cured sodium mandate. it would not
he cheaper to ship 1t - a plant to be
erected along the lakes where cleo
trio power is cheaper, and there pro-
duce commercial ferro -vanadium.
Announcement cf this determine
ton by the company, is AT this time
/ calculated 10 set at ease such stock
holders IS have evidenced unea siness
at what they have thought was de-
/ Law on the part of the directors in
placing a mill on the property. As
surance is now given that within
very few days the mill viii have been
ordered and that within u few weeks
it will be in oDeration. The mill 50
it is announced. VIII be of not less
than fifty tons capacity and pro9a
bly, will be of one hundred tons ca
pacity.
The Arizona Fare Metals company
has 4 battery of electric furnaces al
! Tucson for producing ferro alloys.
| They are now treating through the
| process developed by their chemists.
sodium molybdate. They also pro-
/ duce rs occasion arises ferro
moiybGium. ferro tungsten ana other
ferro alloys The companies con
trcIed ry Robert O. Royl<in and his
associates, produce over 90 per cent
of the moybdium sold in America.
The metallursy and reduction Of
/ vanadum s similar to that of the
/ lead molybdate, which is the princi
4 pal source of the molyodate alloy
produced. The Rare Metals Com
Fpany has erected q testing mill for
the solving of concentration problem
fsf rare metals which compined with
J the reduction facilities and long and
successful experience in treatment OF
/ rare metals, places the concern in a
! position to conduct accurate and
rare metals. While Mr. Boykin was
. visitor here Monday. tho United
State Nanadium Company made ar
! engagements for the tests outlined
herewith. NJ. Boykin stated then
! he anticipated no difficulty IL pro-
ducing the finished prodGct-com-
mercial ferro -vanadiuEl.
These who visited the properties
! day or two ago. reformed bub@lins
I over with enthusiasm They saw
great Quantities of valuable ere al
/ ready on the dump and still greater
quantities blocked out They were
given surprise in the development
of Mine No. , where eve nricher ore
/ is being taken out than in Mine No
/ 1. AT Mine Ma. ,, now being open
! ed up. a shaft has already been sunk
/ forty feet encOuntering rich ore all
the way down. The vein Is 200 fee:
/ wide on the surface, this vein show
/ ing all the way across the property.
A recent letter from the Mineral
+ Recovery company OF Denver. fol
lows up the claims Of that concern
sci forth in previous letter that
by a process, described in the Re
publican several weeks ago. a recov-
/ cry of not less than "a per cent
of the mineral content of the ore can
be effected The company proposed
to erect ar adequate mill, employing
its process and to take its pay for
the mill out of recovery from the
shines or tailings This is an ex r
! preston of confidence on the part
of parties remote from Arizona. that
is especially gratifying to- the direct
ors and stockholders The directors
arc now seriously considering the
acceptance of this proposal. At any
rate, the question rf a mill will soon
be solved so the directors say, anG
in 4 few weeks, according to their
prediction, the properties OF the
Uaited States Vanadium development
will be producing.
John Calhoun of the Williams gro