Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-02-02
THE EVENING NEWS
Tuesday Evonins---..ReSruury ., 1869
Gould & Curry Mining Compauy-NIntt
Anuuul Keuort.

y ACVOTts
Mr.. D.. Bowie, Superintendent Of tho
Gould b Curry Mining Company, has
presented US with a copy Of the ninth
annual report of that company to De-
cembsr 2s, 1868, from which we ex,rac.
the following : The total receipts of the
company for the past year sun up to
Sll9,sl4, derived from surface ore,
closer asserting of refuse, or the aban-
doned waste filed into the old chambers
Of the mine, from materials sold, and
sundry other sources. TIE disburse-
ments for the year amounted to S30l,-
$50. The sinking OF the Bonner shaft,
and II vast amount Of other prospecting,
has been done and still is doing in the
mine, which easily accounts for the ex-
cess Of the disbursements over the re-
ceipts but as yet no new and rich de-
posits Of ore have been developed,
although there is every Indication that
such will be encountered sooner or
later.
Mr.. Alpheus Bull, President of the
company, in this report proceeds TO
deliberately discuss and consider the
ways aud means Of reducing the ex-
penditurOs of. the company and how TO
make tbs mine more productive. An
immense amount of timber, lumber aud
wood is consumed in working and de-
~veloping the mine, tho transportation of
which necessary material from where il
is procursble costs n large yearly sum
and there is also amy amount OF low
grade ore in the mine which could be
made to pay u good revenue were it not
for the cost of transportation TO where
cheap milling facilities are to be found.
This great transportation cost could be
saved and obyiated to u very consider
able extent by means of a public rail-
road which could be made available to
all the mines on the Comstock lead.
Mr.. Bull goes on to say
L, is not within the compass Of this report
to exhibit in detail all the various benefits
and economies which would accrue to this
company and others in its neighborhood BY
the immense reduction in the cost OF trans
portation, which would cnsue from the con-
SlIuCklOu " u ava Nv
4 detail at all necessary 10 carry conviction
TO intelligent observers. The advantages and
benefits Of, these enterprises TO communities
have already their history, which for years
has impressed the mind Of the country,
which tells its own story and answers every
question.
Ny apology for d~eyoting so much time
upon n proposition so palpablc, rests upon
the lamentable fact that the silver production
Of the mines in and around Virginia is on
the decrease, hence not SO profitable to the
owners, and to maintain the amount OF bull
lion these mines have produced in former
years and arc still capable Of producing, is, l
contend, within the power Of those who are
selected to direct the affairs OF the great sill
yer interests Of Nevada. II these large
quantities OF now worthless ores, IN which all
mines abound, annot be made valuable,
then the present, which is one Of difficulty
and embarrassment, must be endured; while
the future reveals an sspcct OF gloom
which is only relieved by this one ray OF
light or hope, and / have considered 1t to
be my duty to say all that | can properly say,
not in commentator Of n measure which
really needs none, but for the purpose
Of urging and procuring its speedicst adoption
and completion.
The report is q well written document,
and an able exhibit Of the affairs and
prospects Of the company carefully pre-
pared, and contains much Information
Of interest to the general mining public,
rs well as tho stockholders OF the
Gould / Curry mine.