Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1873-05-25

Never were the general prospects Of
the Ely mining district brighter than a.
this time, Notwithstanding the undenia.
BILE fact that there is marked depression
in general business. This depression is
altogether attributable to extraneons
causes, and is in no way related to the
condition of the mines. The Raymond
IL Ely, the Meadow Valley, the Wash.
ington and Creole and Pacific Tunnel
Companies have all struck strong bodies
of fine ore lately-the strikes of the two
first named Companies undoubtedly
being on the same vein and of the same
character. Among the mines of later
development very encouraging develop
ments have been made in the Silver
Peak, Portland, Brooklyn, Montana,
Alps, and others. Why the working
forces are not increased in the leading
mines of the district we are unable to
say-that explanation must come from
the foreign stockholders who control the
management; but of the improved con-
dition of the mines there can be no kind
of doubt When Phoebe stocks, a year
and more ago, were fifty and seventy
five per cent. higher than at the present
time, there was not twenty-five per cent.
of ore exposed that there is to-day.
The bullion shipments for the week are
small, aggregating only 500, O25.57. But
there is large amount OF Du,iloh now on
hand, and the shipments of the coming
week may be expected to be large.
The news from the contiguous outside
camps is very encouraging. Highland
district, especially, promises much for
the future. The lodges in that direction
are developing unexpectedly we'll, and, as
the Mendha mill will soon be running
regularly, We will soon have the proof of
their richness in practical results. Then
we have most encouraging reports
from Long Valley district, down below
Panaca, in which there is a prospect of
machinery being introduced at an early
day, we are told. There is great excite.
ment over the new discoveries in Cherry
Creek, beyond Egan Canyon, but we
have not had information from there
as yet, that would justify us in writing
with postiveness.
MEADOW VALLEY.
This noted, favorite old mine-more
properly speaking, three mines, with
three distinct hosting works-has again
come to the front to establish her claim
to the first rank in the rich mineral inter
est of Ely District Persistently have
her shafts been sunk until each have OBJ
tanned depths far exceeding the expecta-
tons OF the community, and from the
respective stations drifts have been run
to prospect every foot of the extensive
vein owned by the company. Number 3
shaft is S2S feet deep, number nearly
700, and number approaching LOCO.
The lay of the country rock at these great
depths is uniform and the formation
| quartzite. The first recent strike in No.
was made in the cross-cut from the
shaft at the Sth station, and within IA
feet of the latter; but the most important
was at depth of about 60 feet below the
9th station Immediately in the shaft, at
which point the dip of the ledge and the
incline OF the shaft come together
Thence down the vein ore has continued
In the shaft, showing on its east and west
sides, and giving reasonable assurance of
permanency in depth and extent. But an
other and very important strike has Just
been made in what is favorably known as
the Old Black shaft ground, from which, in
times past, the richest ore ever found in
the district was taken out. This ground
is nearly about midway between No. 3
and No. 5 (Summit) on the 7th level,
(63O feet,l and the strike promises to
rival the richest ever before made in Ely
District. Our authority for the forego-
ing is perfectly reliable. We can assure
our readers that the old favorite will very
soon take and maintain the front position,
which she SO long held, and to which her
priority of claim and enterprise entitle
her She is shipping now about SO tons
of ore per day, which amount will be in
creased in the course of few DAYS, when
the lower works are more extensively
opened.
RAYMOND AND ELY.
This great mine is now being run with
reduced forces, there being at the pres
ent time about two hundred men en-
ployed. Development on the eighth
level is being prosecuted with energy,
and the indications are extremely prom
Using Some rich ore has been taken
from the eighth level, but no great
amount will be hoisted from it for some
time, or until certain necessary connec-
tons with the seventh level are COM
pleted. Ore is now being hoisted from
the seventh level principally, but some
comes up from the fifth and sixth, in
which there are still good ore bodies.
The main shaft is now GO feet below the
eighth level. Work was suspended on
the main shaft during the temporary alb
sence of Superintendent Day, but will
be resumed tomorrow. The prospects
for the ninth level, judging from the
character of the strike IN the eighth,
are very encouraging. The machinery
for the new hosting works, which will
be among the best and most powerful in
the State, is now on the road, and will
come to hand soon, when it will be i'm
mediately erected. There is but one
more powerful hosting engine in Ne
vada, and that is the one on the Hale
and Norcross mine.
PACIFIC TUNNEL.
The tunnel is now in over l, 100 feet,
and drifting is being prosecuted on
the last ledge struck, or Ledge No. 3.
The Pacific Tunnel is more than meeting
the expectations of its stockholders.
Ledge No. promises, without exaggera-