The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1870-07-24
QUE MINING REVIEW
For the Week ending July 81.

For the week emulnk JuAy ~"s
Matters in the mining world have ma
terially improved for the past week. In
White Pine, especially, better feeling
obtains than for many months past.
The transfer of leading properties, and
resumption of operations thereon, has
had the good effect to re-establish con-
idence among all classes in the wealth
and ultimate prosperity of the District.
The initiatory steps for the establish
ment of refining and separating works,
both here and at Eureka, for the success
ful treatment of base bullion, has also
contributed largely to the prospects of
improved times in all branches of bust
ness. Upon the whole, it would nearly
seem certain that the local monetary
pressure, which has so long clouded and
thwarted all legitimate enterprise, is
about being relieved, and that Eastern
Neyadn, and White Pine in particular,
is Just entering upon an era of unpar-
alleled prosperity. 1t is true, that the
beneficial results to come from the inn
portant improvements now in course of
construction, are as yet scarcely noticea-
BILE; still, people generally are more
hopeful of the future than at any time
in the history of the District.
The forces on the Aurora Consolida-
ted and Eberhardt, under the new man
aeement, are shortly to be increased, and
that both of these excellent mines will
be operated with the most gratifying sue
cess, no one familiar with the situation
can entertain a doubt. We have not had
an opportunity to interview the new
management, but we are credibly in
formed that the immediate erection Of q
i0-stamp mill, at Eberhardt City, has
been officially decided upon.
The Aurora South continues to main
tain its good reputation as a bullion pro-
Queer, and the shipments of Treasure
from the Stanford mill aggregate about
$1,000 per week. The mine, under the
able management of Mr.. Benjamin and
DR.. Goodfellow, is being vigorously
worked, and never promised better than
now. There is an abundance of good
ore in sight to keep the mill in constant
operation for the next year to come.
Original Hidden Treasure has touched
as low as S3T per share during the week,
and is considered a good buy by our
local operators at those figures. 1t is
probable, however. that an assessment
on the stock Of the company may he
levied in the interest of the bears. IL
is notorious here that the price Of the
stock bears no relation whatever TO the
paying prospects of the mine.
The Silver Wave is yielding an abund-
ance of high-grade ore. The Perkins
shaft is down So feet-24 of which is in
ore and vein matter, and the end is not
yet. A fine body of milling ore was also
struck yesterday. in the Wheeler shaft,
at a depth Of 40 feet. The Perkins and
Wheeler shafts IRE G5 feet apart, but evi
IDENTIFY on the same deposit Of ore. An
average Of the ore worked by mill is from
$75 to 800 per tun.
Increased activity is noticeable about
the Wabash and Hemlock, since the
Philadelphia Company assumed control
of these mines.
Captain Rogers is vigorously prosecut-
ing work on the MONDAY. An ASSESS
ment of 20 cents per share has been
levied on the capital stock of this COM
pany, delinquent August "a.
Silver Vault Tunnel and Mining Com
pany has levied IN assessment of 8 cents
the share, delinquent August %.
The sale of delinquent stock in the
Featherstone takes place in San Fran
cisco August IL.
Base metal interests continue to COM
mand aiarge share of public attention,
and ms a rule, this class of mines are
more sought after than any other in the
District. We hear of several important
developments along the eastern slope of
White Pine mountain during tho week,
but in most cases we are without par
~ticulars. The Jennie A Consolidated,
Flanagan, Maggie Consolidated, and
other mines in that section, are daily i'm
proving in appearance. and either n OF
them is capable of supplying the bellig-
erent Nations of the old world with the
: sinews of war (both lead and silver
for a long time to come.
The Imperial, Elko, Russian. Era,
and other claims on the western spur of
Treasure Hill. continue to show a salts
factory amount of high grade base ore.
But three furnaces are in active opera
ton in the Observation-Disclosures, Wei
lands, and Walsh's. The White Pine
Smelling Works are still inflicted with
legal distractions, and as a consequence,
out of service. We understand, how
ever, that they will shortly fire up; all Of
the creditors having been settled with at
fifty cents on the dollar. The Alsop IL
still waiting for returns from the bullion
forwarded to Newark.
Pritchard g. Co.lshipped 40 tuns of
aoou,. b,,1ltaa Co. Nla ,vaalr aal lo.,1
90, 700 pounds from Weiland's furnace to
send forward to-day.
Our exports of fine bullion during the
week aggregate 1874, 053.s7, of which
amount Sls, 920.31 went West, and $15,-
100 n Eaaf