The Lancaster gazette. [volume] (Lancaster, Ohio) 1863-1886, 1865-11-16

long run than even the most famous
mines of Mexico. The mines Of the
Comstock Ledge, Che Gould and Cur
Try, Opbir, &c.,) where the supply OF
ore is abundant, and the per, centage
Of silver by no means large, but only
steady and certain, establish this fact
The same law obtains in copper min
ling. Those copper mines, such for ex-
ample, as line the shores Of tho Colo.
RADIO River, Arizona Territory, pay
best in which the metal exists in the
condition of oxide, carbonet or sui.
phuret, instead of the pure form. -
They are easier to work and give bet.
ter results. .ta;fr
The same providential arrangement
which is observed in the juxtaposition
Of iron ore, coal and limestone, in Ger.
tain parts Of tho globe, is clearly per-
ceived at Silver Peak In the imme.
diate vicinity of the mountain, and
owned by the same company, is n bed
of the purest common salt Chloride Of
sodium), covering two hundred and
fifty acres. This is of priceless value
in extracting the silver; for the use Of
salt in reducing the base metals to
chlorides, greatly simpli6es the pro.
cess of separation, and more than
doubles the product of the silver. Ad
joining the salt,Eed arc perennial
fountains, or natural artesian wells, of
pure water, sufficient TO supply the
wants of a good sized village Of miners.
At the base Of the mountain IS n vein
Of fire.clay, which may be used in
building furnaces. The company own
q large tract OF woodland, from which
an abundance of fuel can be obtained,
q few miles distant. Providence could
not have more distinctly written upon
Silver Peak, dig here and pay your
National debt" a.l .,a ... --..H
The natural advantages of the loca.
tion are also very remarkable. The
climate is mild and singularly health
full. Only seventy miles east, over q
good road we'll Supplied with wood and
water, is the smart little town Of Auro.
: ra, which is distant from Stockton,
on the Sacramento River, but l2(
miles. The miners are, therefore, 15C
miles nearer tidewater than several O.
the most profitable mines Of the inte
, rior An outlet can also be had via
/ the Colorado River, which is now nav
igated for distance OF about SOC
! miles from its mouth.
/. The management o: the mines, from
r their discovery, seems to have beer
! judicious. They were not purchased
+ until they had beon personally exam
Q ined by committee Of the gentlemen
| resident in this city, to whom the,
were offered. They were then bough
;, and paid for in cash. The same gen
f tlemen, under the organization Of tn
Y New York and Silver Peak Minin,
4 Company, again put their hands il
!. their pockets, and bought first .clas
:; mill, with all the necessary machinery
n reverbatory furnaces, &C., capable o
reducing forty tons of ore day. TIL
mill was shipped from this city on tn
10Th of August. and will probably b
G ready to so into operation about th
v 1st of November. Estimating the yiel'
ofthe ore al only 1874 per ton, (whicl
n is the lowest amount hitherto yielde
t by the treatment of tho surface-rock a
the nearest stamp-miIls,) the numbe
!, of tons crushed per day at only thirty
:. and the expense of mining and worl;
@ ing at $50 per ton, (Which is large
II we have a net profit for ono year {
h over S3,000,000. These figures woul
o be startling, if that adjective could b
Y applied to any thing connected wit
n silver mining in Nevada, the most |,
10 crative kind of mining that the worl
t. ever saw. The high character of II
of members of the Board, consisting
y, bank presidents and eminent and SUI
m ccssiul merchants, well-known thro
,e out the country is guarantee th'
is tho affairs of the New York and SilvC
:. Peak Company will bo carefully ar
ID honestly managed.
9. For the further and speedier dcvc
&c opmont of the property, the Trustee
/ arc offering a limited amount of stoc
" at S25 share, (par value, 500; cap
Q. tai stock, s2,OO0,OOO) This is rapid
ID being taken up by persons who hay
n. hitherto not invested in mines, b
,e who confide in tho unimpeachab
Is character of tho Board Of Trustees, au
m feel a perfect serso Of security in NAL
- ing the investment. The stock is fu
Of paid, and under no circumstances SUI
III ject to assessmcnt-Journdl of Com.
)" iHH From the Herald Of Health.