Dayton daily empire. [volume] (Dayton [Ohio]) 1850-1865, 1865-09-26
9ailg Gmpliiir,r. i


From the current number Of the Mining
News We gather some interesting intor11a tion
in regard to the Argentiferous regions cf Ne
vadA. The immense riches that lie hiadsn
in that State ,as proved by the most tecent
discoveries are almost beyond belief. Bot
However fabulous the accounts Of this ktea.
wealth may seem, the proofs that they are
deither imaginary nor Exaggerated are, fully
established. Bishop Simpson, Judge james,
Professor SiIlman, and many other men Of
equal intellie ence and discrimination, have
given their testimony to this point, and the
Secretary Of the Interior, in hls last repprt TO
Congress, says that il the mines s9eady
opened there we're supplied with the rkoper
machinery, they would yield ten mllidns OF
dollars per month, or one hundred and twenty
IN illions q year.
The mines of Nevada are situated In the
same mountain range % those of Mexico
which belt the Continent from the frozen seas
to the Isthmus of Panama, and these mines
Of Nevada are no iess rich than the rsost
productive of Mexico Practical results have
accumulated evidence to prove il.
In the summer Of 1859, Mr., Comstock dis
covered the ledge bearing his name at yir.
giniS City, but, being ignorant of its valne,
exchanged his claim for horse. This ledge
10 the hands of capitalists now yields annn-
ally twenty millions Of dollars. More than
one hundred quartz mills Of seventeen hun
dred stamps are constantly working the otss.
1t is eslimeted that the "Washoe" product, In
the centre of which VirsiaiA City Is Situated,
is about @2,000,00 per month, being twenty
times greater than that of California, when
compared with her mining population.
Most Of the original proprietors in the
celebrated "Comstock" ledge sold out at
good advance, but some who could not Rell
have become rich, because they could not
avoid it,
The developments of the more recent dis
coveries in the Toiysbe range Of mountains,
or Reese River range, which is near the cen.
trs Of the State of Nevada, determines the
fact that this mineral belt is the centre and
richest portion of the "Silvet State and that
however fabulous the profits Of silver mining
may seem, it Is yet in its infancy and only
awaits the aid Of capital and industry, to- make
it productive beyond measure.
The editor OF the Reese River Daily Re.
veille, poblished ct Austin City, whose state
ments command the confidence Of the public,
says: ssag s,7ss
| This mountain range was never equalIed
\ in the richness and multiplicity of its silver.
bearing ores. For one hundred snd fifty
miles, from north to south, from east 10 west,
scarcely . mile intervenes in which are Rot
bodies Of metaliifeFous rock OF immense value
These bills that run sloping away TO the sky
are pierced with veins OF delicate silver 10 an
extent and richness that will one day sstouish
the world, and which make them more pre-
ciousto an advancing civilization, than though
crowned with the most gorgeous palaces and
bod al thA-
is such great reward offered to capitalists
The most conscientious need never fear of
betraying the innocent or doubt that hia largest
promises will be fulfilled.
To give an idea of the profits of silver min
| ing the following estimate is given, based on
actual results made by companies A so
stamp quartz mill put up at the mines for
working ore, complete, including suficisnt
capital for mining the ore for the mill and
working generally, will absorb $500, 600 /;
such mill will work SO tons of ore per day
The cost Of mining and working ore in Wa
shoe Nevada, as officially stated by the
Gould 4 Cory Co., 10 less than $l2 per ton,
but We viii allow $25 per ton for mining and
working silver ores in Big Creek, Nevada,
The average yield Of bullion, BY mill pros
cess, OF the Reese River or Big Creek ores,
10 found by practice TO be over $500 per ton,
aud 6rst-clsss ores, in some mile now 10 ops
GRAFTON, yield over 81 200 per ton. 1t will
at once be seen that so stamp quartz mill
working three hundred days in . year, will
work $4,000 tons Of ore, at $500 per ton an
average yield Of bullion, will give %, ,000, 900
worth Of gold and silver bullion, as the pro.
duct Of one years work. Deduct $24 per
Ton for mining and working the l6, 600 tons
Of ore, leaves 3 2,626, 900 for esrniugG Fa
bulous as the above may seem, nevertheless
similar results are obtained in Nevada every
day, week, month and year BY numerous
companies now in operation,