Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1873-12-28
INTELLIcENcE.

sc.L INTELLIGENCE.
rrr,i1o OF THE SHARE ARE
Tsul .,: Of THE RICHMOND Mn
10 been noticed in these
: na' the annual meeting OF the
un'n,, Of the Richmond Mining
Pr a'"u vas held in London on
(m!ans If last month. During
lsn Of the meeting the chair
~soveral valuable and interest
,1 lssr from Mr.. ProDert, EXTRACTS
I'm w"""The bullion now AVERAGES
June ,s;0 to $50 silver and goid)'
ut s.rv w af.er the 5000 bull
b;ch .o" rS getting in April; the ore
VT We;o IN In gold e ozs. to 3 oZs. to
ton silver, requiring6 to "a tons 10
ton of bullion. NOW the ore
pdass oss cold. but more silver and
Fries III rom ! to AZ tons gives ] ton
d. ana M" The profit. therefore, is
puI LARGE in the working.
he as ''. month May. $4,000:
~! n,rren, month (June), So5,OW F.;
Ine he gratifying to your share
mus }" hear of such profits from
as, ,sr,pes. know Of no debts out
iurl' .J Won will see by the ac-
ilai" int the working expenses have
~ ,l' much reduced under the p,e'en,
F;no The promised railroad still
l'n.,a am losing confidence in the
es ,I,,i Of the scheme, though 1t Is
5asd There is one encouraging
u,, :" communicate. which is that a
soam of coal has been
,'.k a. a place called Pancake, about
' n,i,e, south of this place: Spcci-
(,n i have seen are equal to the
II, River coal, which is used on the
.;sc Railway, and the owners of the
M arc sanyuine tha; they will he
. in A wear or two to supply coal
coke to this place. am some
at sceptica. as to the coal being real
:, for coking, but experiments will
nrtly br made to test its SUITABILITY.
~. Won obtained from the mine is
Ia as hi.h a grade a formerly; the
lion averages $50 silver and gold.
The lead is worth about $S5 mt San
Inciscp or Salt Lake, or $40 ut
~ York (say, bullion $500 per ton,
lnein- freight, and as l ton of bull
is obtained from 50 to q tons of ore
will see that the latter is handing
D. so ore. We have got IS per
!. from Germania Works, and ought
realize 50 per cent.
inly ly.-McGee i, really q genius in
ling, and to him is due the credit
the successful run this Summer.
are having a road graded for dcliv-
h, the ore from the north east slope
Euhv Hill, which will effect Il saw
of 8 per ton in mining and haul
The ore now being received from
mine is even better in quality than
5nnerly, containing Il sutliciency of
Vi for smelling, and over $50 i'll sill
and gold. If the ore only conti-
rs in depth of the same quality, the
efmond may rival the Com>tOck
)e, for all the indications are certain
those of Il deep seated and perma-
BIT Vein. quite agree with you as
the value of Il series of behring's to
plore not only the Tip Top, but other
its Of the ground.
uly lS.-rhe Germania Works &C
pel2lout of Is shipments of 10 tons
fh, and these yielded 7SlS per cent.
the gross value. payment being
d. within 80 days in gold. The
81 We ever got before was 10 per
r., and this only recently, in former
Eslt was only 20 per cent. The ore
htlnn"s of excellent grade, that
Relted at Il own furnaces yielding
with some purchased ore), $53 be-
the result from hired furnaces.
5 important to provide funds for the
cilon ofseparating works and hand
20 bullion. The saving to be eff
ed is enormous on the large tram
lions we r engaged in, and wish
as | am to see tho shareholders
Pc an early dividend, they will
ilselves see that it is against their
erest to absorb everything that is in
PIT. About fl0,WO should be APP
Pprlated tor opening works, aud
Pii t9''Wo to $1,000 for the purchase
mining claims of good promise in
immediate neighborhood.
Pept. I'LL for weeks with lead sick
>; lor six weeks not free from pain.
sfly all the staff ill; McGee Obliged
ptaVe Tor a fortnight, arising from
tuiy tunes of lead and arsenic. This
a question which must engage the
Fh,loh OF the board, if only for the
c4si OF the men; but beyond this
IL IS ne question of ecOnOmv, there
~ " great loss in the dust andtutr".
Iaise hue in chamber will havc,o u,
S'lueted. IN which the furnace dust
Eases may be allowed to settle.
eahio well be done till Spring.
IL Will be advisable to suspend
Eaallons for at least a couple of
".nS' We are now getting our as
values allowed. l succeeded in
- "iV VI tIlt lSU IONS
" . Mnieh the loss would have been
ns''"to S400. | think l shall be
snow you that IA saving of SlO,-
Fyi ahhm may be effected. There
o" ",so De a large reduction in the
cn. REQUIRED for running capital,
ss;Hmlpany could then separate gold
Tn'er' sell there at once, and hold
reserve for a favorable market,
!, AMEN S, sold, form sources of QUAR-,
IN, "!uends. Their advances to the
ars =, s.o,O Mo per month, for which
upn NOW PAYING II per cent, would
mai ""essary. The first cost re-
ora one year by saving of en-
'Gon smelling from 40 to $50 tons
b a' mr. Prot. Price was two hours
a sb,a men n developing
En 80 foa, or rather winze, now
Ier ,eet below the level of the
is i in of tho Lizette tunnel.
N, IN ore all the vay. Atthe denth