Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-09-19
RulI Batting.

Bull nBlbluSs
Just now certain individuals are thrust
ing gli.tering bait under the nose and be-
fore the eyes of our respected cousin, J.
Bull. The bait is Of the most alluring de-
scription. It is resistlessly tempting. It
is hopelessly seductive. 1t would over
match the instincts Of a Yankee. It must
disturb the propriety of the very respect
able Bull aforesaid, and arouse him TO &C.
tion-eyen as the scarlet rag shaken be-
fore the eyes of the other bull, calls forth
his utmost ire. Silver-mining is the bland
ishing bait-and such silver mines as only
our Reese River region, Of all the world
beside, can show. Here Bull is informed
" the lodes contain pure silver, varying
from twenty-five to eighty-seven per
cent?" and "where (shouLd the lode turn
out a YeLlop jacket the dividends would
soon reach three hundred per cent?" clos
ing with this intensely sugar-coated NOR
sell: "they Certain mines) have been
favorably reported upon by the Hon. J.
P. Usher, the Secretary of the Interior ;
his Excellency, J. w. Nye, the Governor
Of Nevada the Right Rev. Bishop Slmp-
son /; and it is remarked that, although the
mines are yet in their infancy, they are
daily yielding millions of capital" Which
we take to be too tempting q bait for NOR
tai man to refuse.
And Bull did not refuse, but eagerly
caught and swallowed the silver bait.
The Mining Journal, published in London,
of the date of June 18th, teens with the
prospectuses of incorporated companies
for working silver mines in Nevada, and
particularly in Reese River, and with
lengthy and sounding accounts of the
meetings and proceedings of the share
holders of the same. These documents
are rich in promise of unbounded wealth
of silver, and are brilliant with the flowers
of fancy and rhetoric. We Gull a few
specimens for the special delectation of our
readers. 1.-THE property (the Reese River
Silver Mining Company, with a capital OF
100000, in shares of f5 each,) of the
company which is situated in the same
district as those Of the Washoe Gold and
Silver Company, already favorably known
in the English market, will consist OF
about fifty acres of land, containing several
very valuable claims, some Of WHICH are
in full operation, and making large daily
returns; it is situated between Austin,
Lander City, and Amador, close to the
river, and within half a mile Of the Pacific
railway, which brings the mines within a
few miles of the seaport. The prospectus,
which will be found in another column,
states that the success which has attended
all the local companies, as also private in
dividuals, working the silver ores on all
sides Of these mines is verified by official
documents, and the proprietor, who has
amsssed a large fortune during the last
eighteen months by working a few Of the
claims upon the property contracted to be
transferred to this company, has, to show
his confidence in the prosperity oil the
company, agreed to receive the purchase
money in fully paid-up shares only, and
to deposit these with the directors as a
guarantee for the mines until returns are
made enough to pay interest at the rate OF
twenty-five per cent. per annum, before
which his shares are not to participate in
any dividend whatever. With. regard TO
the crushing operations, it is estimated
that each mill. the first cost of which will
be about $500, will yield a daily return of
of about f4S /; and when it is stated that
the Reese River District contains a dis
tinct system Of well-deined lodes, con-
pure silver. varying from twenty
five TO eighty-seven per cent, 1t is obvious
that there will be good security for the
payment to the company Of the crushing
charge"
The proceedings of the meeting Of the
shareholders of the "Washoe United Con-
solidated Gold and Silver Mining Com
pany, are particularly racy. We regret
we are unable to transfer them at
into our columns. In the report Of
the agent, (who personally visited the
mines of the company, it is said, "most
of these miues-the Yellow Jacket, Potosi,
s. Curry, e~tc.-average 1000 feet
in their workings all Of them are OF the
same character, suiphates of silver; and all
of them have a wall Of blue clay backing
their lodes right through the whole de-
scent, commencing at a certain distance
from the surface, he should say q hundred
and fifty feet" All of which is as clear
as mud. Comparing these noted mines
specified above, with those owned by this
this %fanciful gentleman remarks:
"Our mines possessed precisely the same
and presented the same gen.
eral appearance, if indeed not more favor
able than any of those great paying mines.
To show how rapidly the great mining
of Nevada grew, he might mention
that five years since Virginia consisted of
but two wooden houses, while at the pres
ent time the ground rent would buy up
half the dukes in England, arising entirely
from the mines being worked all around
it." This vcracious agent "had not seen
the Humboldt mines, but it was notorious
they were the richest mines in the
country. He had seen ores from there
which had produced 5000 ounces Of silver
per toni" And the happy shareholders
expressed their qualification with their
agents report, whom they delighted by a
vote of thanks.-Reese River RcveiHe.