The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-02-20


(sulphprets), like those of Colorado, still de-
mand an effective and economical process Of
separation. II seems almost certain that this
Will be found. These ores contain 80 large a
percentage Of gold, and 30 much talent is at
work to discover the true method, that we may
venture to hope success is near. Much progress
has been made already. The general reader will
be surprised 10 learn that gold qnartz paying So
to $40 per ton, In favorable localities, Is worked
at a laiee profit in California. The average of
the silver veins In Nevada is only 1856 to $40; in
Arizona much higher. In Montana and Idaho
the gold veins are said to average more than In
California. The conclusions OF the very clear
and able circular from which we quote are given
below. They illustrate and confirm the views
already laid before the readers of The World Ia
the letters of Sy vester Mowry, Esq, of Arizona.
While il is a great mistake to suppose all
miners successful, or all miners rich IL Is an in
dubitable fact that mining hencetorth Is to be
one of the great legitimate branches OF industry
in the couRtry, inferior to none constantly
growing, and great help in paying the interest
on our public debit
''However the business ofmining may fiuctuate
or fail TO prove remunerative in certain cases, 1t
must always continue, as It has heretofore been,
leading pursuit, not only in this State, but
upon the entire coast of the Pacific. It is even
now, much as former earnings have declined,
paying better average wages in several of its
branches than any other occupation requiring
so little skill and capital to carry II on Daring
the past year this business, though meeting with
IeVerses1n some localities and retarded in others,
and notwithstanding the returns for the year
may fall somewhat short of public expectation,
they will IN the aggregate very nearly equal
those of any former season, while the prospect
for a rapid and steady increase hereafter is ex-
tremely fattering. The receipts of uncoined
gold and silver in the city through public chan
nels during the past year, amounted to nearly
$4,000 600 as against $4S 900 in 1864 In
1868, they were less than $44 10000 in 1862
lot quite $4,000, 900; and in 1861 Just
about $4o,OOO,OOO. During the last twelve
months the area Of our metaliferous terri
tory has been considerably extended, while
many mills and reduction works of large
capacity have been put up in various parts of the
country. The greater portion OF these have pot
yet commenced operations or been running su1fi-
ciently long to tell with much effect upon the
product OF the year just closed. Another season
they will increase III the annual produce mate
rally Besides this, the business of mining pro-
misses to be carried on hereafter with more sys-
TEN and economy, not to say honesty, than has
hitherto characterized it as conducted in certain
cases. The plan OF working mines with view
to enhance or depress the prices of stocks as
Ranq Rh best eono Of the tbem g not Re
to be practsed to the same extent as
formerly, it threatening to prove nearly as
dangerous to those engaged in carrying 1t on as
to their intended victims. That this business
may speedily be purged Of this and all other
abuses is greatly to be hoped, since TO 1t we
must continue to look for those large and certain
revenues which have thus far never failed us,
dS LuSg are nOt likely W uOs Jul ulutS DclnS
vast in extent and literally exhaustless, while
the value and amount of their productions
a1e less dependent on the seasons, the de-
mands of foreign market and other Incl
dental circumstances, than are our cereal
crops, wines, wool, and other staple produc
tlons. Neither rain nor drouth seasons OF plenty
| or dcarth, OF financial ease or stT1ngency, can
! ever wholly cut OF or seriously diminish the
| yield OF our mines or lessen the value oil theiI
! products. In this feature OF stability, apart
from the extent and prolific character of ouI
mines, we have a fund OF wealth upon which we
! can ALWAYS rely, even should our grain crop
! prove short, our herds perish with famine, and
| all our other resources fail. But that this ele
ment may be made to yield its full measure o.
advantage, it must OBJ 7lou'ly be prosecuted with
! more careful economy and less with view tC
! large and immediate than to certain and perma
| nent results Wherever it has been carried Oh
| IN legitimate manner, being conducted will
the same discretion and care evinced in mos
other callings, it has generally proved success
the failures mostly being attributable to lack o
ekill, extravagant expenditures or some othel
! sort OF mlsmanagement.n