The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-08-04
TONOPAH DEVELOPMENTS
SET FORTH IN REPORTS

mill 2744 tons, the Tonopah Min
ing 1900 tons. the Tonopah Extern
sion $3.50 tons, the Jim Butler 500
tons. the West End 9S7 tons. the
Rescue 25S tons, North Star 55
ons. and the Cash Boy 50 tons,
making the total production for the
week 9O79 tons, the estimated
value being s15S,SS2. This valua-
tion is calculated on the gross mill
ing value of the ore
The shipment made by the Tono-
pah Belmont Development COM
pany during the past week from it's
plants at Tonopah and Millers,
while it does not equal in quantity
or value the one made as a result
of the final cle:.i..:p III June, is
nevertheless well up to the stand
ard. There were 40 bars of bull
lion shipped from T%onopah, having
a weight of 1851 ounces and an
estimated valuation of ~$96,16O.O5;
and the Millers plant sem to the
smelter 90 bars of bullion, weigh
ing 42,76O ounces, with an approx
innate value of $45,S9S.
The final monthly cleanup. how
ever, is as a general rule more
valuable than than the output re-
bi-weekly period at the Belmont
mills, as the aforementioned in
cludes the concentrates that are
collected during the entire month;
therefore the latest. shipment of the
company is worthy of particular
mention, showing as it does the per-
sistence with which the develop
ment and stopping work on the big
and little veins in the local proper
ty continues to furnish regular ton
nages of good grade milling ore to
the reduction plants.
General Manager Frederick Brad
shaw is still in Surf Inlet, supervis-
ing the final construction work at
the mill. He is expected back in
Tonopah early in August, and it is
probable that by such time the mill
will have had it's first test.
The other properties of the COM
pany,-the Eagle Shawmut mine in
Tuolomne county, California, and
the Emma mine in Dolores county,
Colorado, are reported to be in
first class shape.
The mining report for the week
at the local property contains the
usual satisfactory features con-
nected with the prosecution of the
development and exploration work,
an unusually good development
having occurred at one point in the
mine. This vas on the ShOestring
vein, at the 9th level, where a drift
towards the east has been going
out for some distance on a rather
narrow width of ore. During the
past week, however, the vein in
creased in size to Az feet from
wall to wall, and the same good
status heretofore reported.
TOnOpah Mining Company
Every fortnight witnesses a big
production record of the Tonopah
mines and %insures a continuation
of the dividend-paying possibilities
of it's producers. The TOnopah Min
ing company, which has returned
handsome profits to its stOckhOld-
ers for nearly II years and has a
record of never passing a dividend
except for two OF three quarters,
when the money was applied IN the
payments due for mill construction,
and which still exhibits a splerLid
earning capacity, keeps Up its repu-
tation as a producer by turning
cut gold and silver bullion in prac-
tically ~unvarying quantities every
two weeks.
The latest cleanup at the COM
rany's plant at Millers resulted in
the shipment on July "a of 33 bars
of bullion, upon which the company
has placed a valuation of $56,1OO.
Excellent reports continue to
come from the outside properties OF
The company. The Tonopah Placers
company, in which the Tonopah
Mining company has a five-siXths
interest, is making by far the best
record for midsummer work that
has ever been shown since it was
acquired by the local corporation.
All the dredges of the company,
three in number, are exceeding the
anticipations of the management,
and a steady stream of gold bars is
flowing to the Denver mint. 1t has
been estimated, according to re-
ports received from Breckenridge,
thai last months output will be in
the neighborhood of $4,000. and
the net earnings from this source,
coupled with these of the local
mine, are sufficient not only to
meet the dividend requirements of
the company but to add substan-
TALLY to the surplus in the treas