The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-09
SECOND BOARD.
Minee and Mining.

THURSDAY, Dec. sop. N.
The Message and other public documents have crowded
out usual mining article in two last Very
large transactions have taken place at the board within
the last three days On Tuesday. Lshigh Zinc
manded 81; has since risen and this afternoon some
three tho usand shares sold closing ct az for cash.
snd 81 buyer co. Gardiner has been selling freely the
last quotations, will be below, range about
cash. and 1 time We should not be surprised to
it rise to within few days. Mineral and Deep River do
not command anything % cents Holders Of Gold
Hill ast az. mine which pays . dividend Of per cent
within 90 days after il opened another at the expiration
Of two months and holds out fair prospect Of returning
not IL but % pr the capital invested ought
would Inns gue to be nearer par Az soon IS the market
from the depression oceasoned BY the glut
stock, may expect upward movement in Gold HILL
nsoaooh commands * We are enabled to quote the
ner, Sem, on the McCuoch mine and the mines in the
vicinity Mr. Bonnsrs large experience In missing, his
caution in delivering opinons give great value what
he says and bis statements win derive additional weight
Speaking Of the McCuIloch mine he observss:-
The vein consists Of dark brown elsyey material ap
Jumps Gently solid 70 lift whs Ut bresiins This mate.
rial contains the gold found on trial that exact cubic
above weighed ninety pounds and bushel ninety
y Of ore in the piles on the surface a. sbou 600 tons car
rying gold and 1900 carrying coppera Of which 10 the
Prom this trial Of its weight and from the fac. that the
Of the vein n soia levels are the sane
vein bet the two levels and what may be expected
above and below them.
The treatment Of the gold ore simple It Is ground
70 fine powder in two Gillian mills worked by
During the process Of grinding quicksilver is introduced
into the trouph which amalgsmates with the gold The
mills cleaned tweDtyour hours leaving de-
posit Of amaIgam Of gold and qui ,ksilver.
Tho two ms which weak in and nnuff Glen Iy
supplied with water crush together eighty bushels q ia
tventyfour hours weighing LAO pounds from which guam
tity ball Of amsgam is obtair cd averaving so dwts
though much LOCO have been obtained The quicksilver
is then expelled in retort with small loss quantity
and the gold remaining amounts to forty fOrytwo per
cent Of the original weighs Of the ball
On the day before left the mine, saw Of the mills
cleaned up (the other being stopped for OF
wbea ball Of amalgnm taken out weighing sl2 dwts
being the produce Of fifty bust oils Of twenty
hours.
steam engine Of 100 horse hiss just bs.n erected
or the purpose of driving ten CHILEAN mills and twenty
heads Of stamps WI are in the Of erection in
he building These additional works will crush
90 bushels Of gold in twent yfour hours prod
the present yield 5000 dts amalga
forty cent 900 dwts, Of gold which, ninety
cents dwt will amount TO 81 S in twenty four hours
shaft s hefg sunk 20 strike the vein a. TWEEN Ave
sthoms, and another 1T fifty fatboms If the vein
its character st th depths tho will
q II n n Ia