The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-07-12

Ioh.. .$23, 3Z7 ,942 ~
Besides this the banks have real estate IL
loans stock, $5,942 800 IS loans on mortgages
s4062, s57 o. and other Assets making total in
ment and dead weight of liabilities exclusive of capital
500, 724 1876 46, and assets $40 $50 377 IS.
The Manassas Copper Mining Company have entered
into contracts with responsible parties for working its
valuable veins Of copper Fauquer county virgns
about seventy miles from Alexandria. The parties with
whom contracts have been made have agreed to deliver
the copper at the surface Of the mine in marketable
order and condition. at fixed price per ton They have
ako engaged to deliver many tons per month The
ease and facility With which these mines be worked
have enabled the company to most favorable
terms and t profits every ton Of ore shipped must
be very great per cent The land is admirably situated
for carrying mining operations. railroad is nos
being cut through the property at depth Of twenty five
to thirty feet below the surface This deep viii pass
through the range OF all the VEINS The report Of Pro-
fesror A. s. Piggot. Of Baltimore which annex gives
full description Of the property There is doubt but
that the Manassas Company have Of the most vsaa
bls copper estates in the country.
MANASSAS COPPER CoMPANY-RKroEr PRoFEssoR PIGGor
1he Blue Ridge at the point have been examining is
you variable in its height, white al
the land rs hshiisng IS 1t Does in series OF hills,
continually increasing elevation from the low country
Of eastern Virginia. there nevertheless Is common
in fountain many inequalities along the submit
There are consequently numerous the chain in
which the lALd Is comparatively low In the immediate
vicinity OF ore of these called Man ssas Gap Mr. Halls
properly is situated This is at its lowest point
have beef informed 900 feet abeve the level Of Poto
at Ale xsndra. The eastern slope Of the ridge is,
have already said very gradual Gasng strongly
With the abrupt descent into the valley OF Virginia
This has been taken advantage of by the railroad
paDy and the road from Alexandra to the valley passes
Al this point, dividing Mr. Halls property
The general direction of the mountain rsDge Ia north
east and southwest running parallel with the Shenan
doAh Mountains, which divide the valley Aad cut of
great eastern range of this contnent the Aeahanes.
Spurs Of considerable height shoot ct various angles
from the eastern side of this range enclosing valleys and
aubding into tho hills which rhe from the Tertiary for
nations These mountains arc primitive formation,
and consist chiefly stratihed rocks which have been
thrown up and displaced by volcanic force acting from
below The principal components clay slate which
most supeacia graywacke siate, gneiss and oocs-
sionaly some stradied sienite chorite and taloose
slSes- These all less tinged with epidote
chloride Of ron The strata generally very regular
except where they have been dsocaed of mine
about as degrees 10 the southeast The slopes OF the
taips everywhere covered with loose FRI gmsnss
which have come from the disntegrston Of the rocks
posing them some Of scattered stones are fat
ard have come from the mass Of the utain; while
o'hers sIs large irregular boalders composed Of the
aterals with the veins hereafter to be described
and like them, containing copper. 1t Was. in sot the
dis covery Of the metal in two Of these bouders
which led 10 the that since been
The veins actually traced up to this time three in
number. The courses 0f two of these intersec
other close 10 the boundary line between Mr. Halls and
Dr. Taliaeyros farms at the summit of one Of the
tsns rr from the gap ABOUT eight hundred feet above
the level OF the railroad The ascent however, is SO
gradual that there coed wagon road passing close to
the line The first Of these veins has been opened ia
vea plsces ard ced for considerable distance along
the mountain. Ii Is true vein with well defined walls
1t has BEEN opened to the depth Of only six feet Mr.
Halls properly, and OF nineteen Dr. Taaferros aud
large number Of very rich specimens have been taken
cut The other ven has rot yet been opened upon Mr.
Hsps farm; but from tho regularity OF it course
shown by the openings made on DIR TARA erIos proper
~ Of which is within few feet OF the boundary
Z III
Nj. Halls lands ALSO in the drecl These veins
form acute argyle with each o'her and their direction
is nearly thSt 81 tue axis OF the r6pe. The third
lower w the mountain, near the gap. IL very
much In the direction with the other two cutting
the stIsta LeaTy in the curse OF the range
northeast and southwest.
The eipstone II ali these to be gsn,te siepitc
altered ny the action Ct ie This consttute the basis
liey Coz tain large quantities OF epdoe aud chlorite,
ano ale full OF masses of quartz and scattered bits of
iedspsr The lower vein con,sns slso asbestos fbous
tale aud titsuifei iron CDloIte epdo,e and quartz
found In crystals here aud so am informed, though
have not them The various copper The
importance ~ Thu fact an Indication II the value Of
these mineral vens need rot point out.
The copper Is everywhere disseminated through the
upper veins black aud red oxide. csrbouste Sill
cate, ard pntivs copper Ia the lover vein, which
Is on the level Of the Inlroli and cut by IL pyres
IL The tniy ore, with The exception OF iooal
spsck OF carbonate, that could find This reia bseu
followed o,s miir or more along ita ou,crops A pyrel
usually he dee the probabilities are that ts will
prove vkiuabe when II IL worked especially siDcs the
metal Ii everywhere 40 abundant ia the surrounding
mountains.
II manifest therefore that there is upper 10 great
quantity ano OF much this estate. Ths
barcs between these veins and Of the Urs which
bsve yielced from four IL niue millions kioersmes Of
eighteen per cert year. Ia very striking The only
question To be asked Can they be worked TO advan-
togs2 This IL at answered by consideration of the
character Of the the position Of the land and
.he facilities ~ Transportation
As for ths drst sould say that have been IN the
cuts made far txplofa ion and had difficulty whatever
10 procUrng spscmers, though bad but little hammer
with have der stood, slso from those engaged
In blasting IT, that IL is very hard drill The
alton of the Lard ia admirable The facilities for drain
great and there excellent water power upon
the farm. A for transportation have already said
that the railroad directly through the property,
which IL orly about seventy miles FROM Axandria An
Inclined plsts could be constructed with very little diff
Guilty VII Oh could carry the from the mouth Or the
mine 10 the ,sihosd
Professor PreCoIT's ANALYSIS or Copra ORR
No is piece Of voinstone In which the gssidsd eye
detect copper ts general hue se er-episb gray,