The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-04-27

$3.50 tons, the Tonopah
2422 tons. the Jim Butler $50 tons.
the West End 973 tons, the Mac
Namara 535 tons, the Montana
220 tons the Cash Boy % tons, and
miscellaneous As tons, making the
total production for the week 49,
651 tons, the estimated value being
s1S1.O67. This valuation is calcu-
lated on the gross milling value of
the ore.
The final cleanup of the Tonopah
Belmont company's mill for the
month of March was completed last
Saturday and a shipment of bullion
was Immediately made to the smelt-
ers. There were 81 bars of bullion
sent out and the total weight of the
shipment was 107,414 ounces. Cal
culated at the present prices for sill
yer, the bullion has an approximate
valuation of 1928, S96.S0.
Another cleanup is. now in prog
ress at the mill, this being the re-
suit of the first two weeks run in
April, and within a day or so anoth-
er shipment of bullion will be made.
The figures on this delivery to the
smelters will be available for the
succeeding issue of the Miner.
All the properties of the company
located outside of Tonopah are re-
ported to be going ahead under
favorable circumstances and it is
likely that the calculations of the
management, to the effect that the
two newest mills of the company.
which are now being given the final
touches, will start operations during
the month of May. will become an
actual realization.
The mining operations at the To-
cal property followed the usual pro-
gram and satisfactory showings
were made at most of the working
faces.
On the 7O0-foot level from the
shaft, east drift 721 from north
cross-cut 7O2. after picking up the
Shoestring vein, was extended the
usual distance on a One-foot width
of quartz. The conditions here r
not as promising as in previous
weeks, but work will be continued
until a more thorough development
of the vein has been given it. Work
was kept under way In west cross
cut 1913 until it holed through into
the west drift from raise 3. North
cross-cut 1874, going out from east
drift 703, continues to advance in
West End rhyolite, in prospecting
for branches of the rhyolite vein sys-
TEN.
During the latter part of the week
operations were suspended, but this
will be only temporary, and work is
to be resumed in the face of the
cross-cut in the near future. Raise
II, from east drift Ill, is making
good Roadway on the Shoestring
vein, with conditions unchanged
from last week, the top of the raise
breaking against a 2 " foot face of
good grade ore. Raise ~ continues
to disclose a one-foot width of fair
grade ore.
TOnOnah Mining COmnany
The better prices for silver that
have obtained in the metal markets
is reflected in the increased earnings
of the Tonopah Mining company,
which reports profits of SAL 200 for
March as compared with $3O.175 for
February. The difference of over
by the increased output of ore,
which amounted to but little over
500 tons, the respective tonnage fig
Tres for February and March being
1880 and 1902.
With the prospects that within a
short time congress will enact into
law III Dill providing Tor the pur-
chase of $4,000, 900 ounces of sill
yer at a standard price of 81 per
ounce, the outlook for all the pro-
ducing companies of Tonopah looks
brighter.
Due to the increased cost of pro-
duction, the earnings of most of
the big producers of this and other
silver mining districts have fallen off
in the past few years, and the meas
ure which is designed to stabilize
the price and afford a reasonable
profit to the companies and individ-
uals who are straining every effort
to maintain the worlds production
of silver is being supported as a fair
compromise between the limits which