Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-11-30
The Inorea.ias silver Yield Of Nc

Inc ylelG OF the silver mines Oh NeNhuoo
is continually increasing, and the pros
pect continues to be good for the future.
Although the dividends Of the leading
companies have ceased, the number OF
mines at work, and the amount OF ore re.
duced are greater than ever. The chief
mining counties Of the State are Storey,
which contains the Comstock mines;
Humboldt, which contains the Humboldt
mines; Lander. which has the Reese
River mines Esmerslda, which includes
the mining district Of the same name and
Nye, which has the Washington, Twin
River and other districts. We publish,
this morning, extracts from the annual re-
ports of the Assessors Of Lander. Nye and
Humboldt counties. and although we have
no reports from the Assessors Of Storey
and Esmeralda, we know pretty nearly
the condition of affairs there. In the last
named district, great depression prevails.
Although some very rich deposits Of ore
were found near the surface, they were
soon exhausted, and nothing was done
towards opening the mines to any great
depth. When the rich mineral had been
taken out. prices fell, the stockholders did
not feel like paying heavy assessments for
explorations, the work in several Of the
chief mines was stopped, mills stood idle,
and miners were left without employment.
Soon, people began to move away, and, OF
late, some Of the houses have been taken
down, to be carried to other and buster
places. Nevertheless, the district is not
abandoned, but strenuous efforts are max
ing to sink deep shafts in the Wide West
and Golden Age, to find the rich ores
which it is confidently believed are there.
Other districts, however, in the same
county, are attracting more attention, and
more mines are now yielding pay ore than
at any previous time. Late reports in re-
gard to the argentiferous wealth and
probable silver yield Of this region are
very favorable.
The Sheba and DeSoto, which were for
a long time the leading mines Of Hum
boldt, are now at a stands still, and the
mining enterprise of the county is sadly
depressed ; but, with all that, many mines
are being worked, and the quantity and
quality of the ores are such that after a
few years experience in treating them, the
district must rise in importance. The
ores, as a class, are considered the most
stubborn in the State.
We hear very little Of Nye county in
San Francisco, and none Of its mines are
quoted In the Stock Boards, and yet we
are told that 81, 900, 900 has been invested
there within q year, in mills and mines,
and out Of the nine mills in the county
six ara being built, or have lately been
finished. The nine mills have q capacity
to crush seventy-fve tons per day, and
they cannot be run proftably unless they
yield at least 81, 0OO, 900 annually. When
we consider that the total past yield Of
the county is estimated at 81, ZOO, 900 it is
evident that the miners have confidence in
the richness of their ores. Smelling is
practiced at one mine in this county, and
at ono in Humboldt-probably the only
ones in the State.
The stock list does not show oil tho live
mines. There are hundreds of others upon
which work is being done regularly, with
excellent prospects Of ultimate profit. The
| contributions OF San Francisco for the
opening of the mines of Nevada, did not
cease with the panic of 1864. 1t is still
a common event among business men in
our streets to pay assessments for sinking
shafts or building mills in remote districts
at mines scarcely heard of by anybody
but the stockholders. The labor advances
steadily and quietly, and in many cases
under competent and prudent manage
ment.
High freight and difficulty Of access in
terfere very much with the development OF
these distant mines, but the amount Of
work being done is so great that there
must be O considerable increase in the
metallic production of the State. These
new mills, these new shafts, these late in
yestments by Eastern capitalists, must
lead to beneficial results. Eastern Me-
yada was about to take a start when the
panic of 1864 came, and is Tow just re-
covering its lost ground. Many Of the
lodes are immense, and although much
capital and time must be spent in OPEN
ing them, the period Of their productions
can not be postponed many years. The
receipts of treasure from Nevada show an
increase in the production, and the con-
current testimony Of miners and geologists
who have visited the various districts
satisfy US that the increase will continue
for many years.. F. Alta.