Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-05-19
THE EVENING NEWS.


Wheeler's Weekly Stock Report fur,
nishes the following statistics of the bull.
lion receipts, dividends and assessment.
of the leading mines of this section TO.
the first quarter of the present year
"The receipts Of bullion were as fol.
lows: Crown Point, SlOl,523; Cou6.
dence, Sls,sS9; Cbollar. Potosi, $685..
96l ; Empire, SAT ,623 Gould & Curry,
$500; Gold Hill Quartz, Sl7,7O0
Hale 4 Norcross, S74 ,sSS; Imperial,
Sl23,6s0; Kentuck, SOL, Oss oeci,
dental, S%79,25O; Overman, $4,000
Savage, S524,sl7 ; Sierra Nevada, S36,.
ACT. Total, Sl,543 $50.
Dividends were disbursed rs fol
lows Kentuck, $40, 1000 Occidental,
$40, 700; Savage, Sl6S, 900; Yellow
Jacket, $4,000 Total, S5sS 900.
"The following assessments were lev.
led; Belcher, S3l, 200; Bullion, S25,,
900 Daney, $4,000 Julia, 5000
Lady Bryan, $4,000; 0vermau, S64,,
900. Total, S24l, 200.
"The receipts and dividends Of this
year exceed those Of the corresponding
period last year, while the assessments
are less"
As the vast majority Of the money
taken from these mines is disburscd
right here among us for labor and sup
plies, even Including n portion Of both
dividends and assessments, some ade-
quate idea of our real tangible and
regular may be gathered from
the above showing. Recollect, too,
that the greater part of all this money
comes from the foundations Of Gold
Hill and Virginia, away down in the
bowels of the earth beneath our streets
and houses, and there being certainly
no present prospect of even II decrease
in the yield, our true substantial pros
perity may be depended upon for many
future years. No other locality in the
world can nuke as good It showing dur
ing the same period of existence. AL
though some few Of our mines have
been worked TO n considerable extent,
yet many OF our So.called I" outside
mines" are just now coming into promi-
neut notice and practical development.
Mines, even on the outskirts of the
SOIlsIOSh lAoClA, WIN "NA " NNAA
to pay in the early period Of the dis
covery, and therefore temporarily
abandoned, are within a few months
past again brought into prominent no.
tice, and made to yield Il remuner",ive
amount of bullion TO their owners.
Vast and perhaps i~ncIhaustible bodies
of low grade ore are developed in them,
and even ore of unexpected average
richness. Contrastcd with other min
ing localities on the Pacific coast, and
even within the borders of our "
State, the pre]pouderance is a!,o-
gether in our favor.
The entire yield of the famous mines
Of White Pine District, according TO
the sworn statement Of the Deputy
County Assessor for the same period,
amounted to SECS, 900, only half nS
much q, the Savage mine alone yielded.
The leading mine of that district, the
Eberhardt, yielded 4S0 tons, Averaging
$3.50 per ton, amounting TO SlSI,2OO;
the Aurora South yielded 1913 tons.
averaging S92 % per ton, amounting
to Sl4,ll4 IS; the Keystone yielded
l79 tons, averaging Sl92, amounting to
$3i,3GS. No other mine in the district
Yielded MS high AS so tons, except the
Stonewall, which yielded 81 tons,
averaging Sl57 co and amounting to
$3.50 40. This is certainly doing very
well for n new district, but ms White
Pine has been terribly overrated, we
simply, by square comparison, desire to
exhibit its true merits ut the present
+. time. The next quarterly yield, we
fully believe, will be much greater.
The Reese River mines only yielded
about half the number of tons rs the
White Pine mines. Tho Manhattan
yielded 1913 tons, averaging S97 per
ton the Lane 4 Fuller, $50 tons,
averaging Sl94 per ton. No other mine
in the district yield over IL tons, and
many of them only two or three tons.