Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1874-03-15
while the latter carry both sulphurc.s

uuthO Ill the FURNACES. W tNAtsit t''N
value of the ore deposits of these t"ui
mines are almost beyond computation
though their measurement, 10y the
usual method adopted Ivy all experts
to find the cubical contents OF lo,ic>
and deposits of ores, will, when al,.
piled hy-and-by. give us some approx
mate figures upon which TO base future
calculations.
NINETY-SEvEN THOUSAND
Dollars is a large sum. It's true. but
though large, it is hardly an equivalent
for the property for which it has been
exchanged. OF this amount 4 trifle
over one-fifth was paid down i'll hard
coin at the bank ut Belmont. while the
| remaining four-tifths (O.6o0) are 10 be
paid on the LIST of next November.
This is ample time i'll which To prove
the value of the property. II t" re.
ceive in returns from II 4 sum equal
10 the above amount with which To
cancel it.
TWO @
mine itself exhibits sufficient ore now
to more than Quadruple heabeve sum
in that time, could it be extracted and
reduced andturned into bullion. ltcon-
tainS 200 lineal feet: and is the center
claim of the series and also the most
valuable and best developed of the
number. The ''CaSket" contains the
next most Va liable jewel of the quar-.
tette. though it must not be inferred
from this that the Crosby and La Fay
cite are mediocre or trivial, for such l.
not the case. These four mines cover
a space on the lode equal 20 800 llneal
feet. They are opened by series OF
vertical shafts sunk OF the course OF
the ou,crop of the lode, AT regular dis
tanceS. the entire length. These shafts
have been sunk to an average depth OF
rs feet. though from the highest
depth on the vein AZ its outcrop it has
been penetrated To depth of 30 feet.
There is also a tunnel or adit level run
along the course of the vein at the
same depth these shafts have attained.
a distance of two hundred feet. This
;unn i shows along its course a solid
~weli-defined ore vein. of an average
thickness Of I feet running down at an
angle of inclination of 80 or S0o. 1t Is
inclo>ed between perfect footaSd hang
ing walls of porphyrv. and a >ilicious
rocky formation peculiar 10 the coun-
". The fDrml.ion OF this Vein en-
tends for 5000 feet without break or
disappearance.
TAKING II AVERAGE THICKNESS.
OF the ore body As opened up i'll the
tunnel at 1 feet. and its entire length AT
loo feet. and average depth AZ l.
feet as already shown. the quantity OF
| ore now in sight and ready to be taken
OUT. can be very readily estimated. 1t
must. however. be borne i'll mind that
,hiS estimate is made upon the basis
of only 1000, out of the $500 fee. pur-
chased.
Therefore an ore body 1000 feet long.
I feet thick and anaverage dep;h of l2j
feet, will give 600. 900 cubic feet of pay
ore. equal at II cubic feet per ton OF
I 1000 pounds to 10000 tons. These arc
certainly enormous but not excess
>ive figures when we come to a cOn>ia.
Grafton of the inli-putable facts upon
which they are founded.
THE ASSAY VALUE
OF the ores gives an average Of sion
standard OF value to be reduced 80 PEI
cent. in the process of smelling
though it is a large reduction, still. To-
illustrations sake, we will adopt it as /;
rock upon which to rear our argu
ltiit" civ - oitt IiDNO ~
them, to our own and the readers
minds. the vastne>S of the wealth ly
ing within the walls of these $500 fee
Of vein matter.
Therefore. 5000 tons of ore at g.,
per ton will give $500. 900. Dcduc
for extracting, reducing, coal. superin
tendency, ETC.. SIS per ton, which viii
leave 81 900. 900. and we will have still
a total of 81 500. 900 Left. with which t,
pay for the properly and construct the
necessary buildings, engines and Re
duction works. and leave besides :;
princelv sum to 20 in dividends t,
shareholders; and all this from onl,
100 feet long by four thick and T.
feet in depth. Say that these 4o.0o'
tons will leave a profit of only $50 pc
ton, and we have still the enormous
figures of 100000 to laugh and grow
fat on.
These figures will. I think, demon
strates to the thinking mind the mag
nitict nee of this property. which can
no: fail to be highly remunerative t
its English incorpOrators.
THE sUPINENESS OF SAN FRANCIsCt
CAPITALISTS,
When viewed in connection with thi
PIpitTlN. IL certainly SlIl-ultrIN
strange. to say the least. To have al
lowed it to remain there lying idle dur
ing The past six or seven Years withou
making hardly an effort II negotiation
does not speak we'll for their >agacit
and enterprise. We wonder what the,
will think of the shrewdne>s of thci.
transatlantic cousins now, whom
they have allowed to out-Strip and out
wit them in the race for the possession
Of the above described mines. w,
say in the race. because we are wei
aware that a few san Francisco mel
were thinking of raising the mortgag,
that was on them when John b. Nc
Zee put / II an appearance with tn
cash at Belmont last January.
That these mines will, in a Sho>
time, prove themselves to be the be>
IN Eastern Nevada, admits of no doulj
whatever. Wood and water. two i'm
portant elements t. insure success. al,
largely abundant on the property
Millions of cords of the former q
present growing very luxuriantly OF
the slopes and creSts of the adjacen
mountains, thus affording an ~excelleu
chance for coal producers and others t
make money. 1t is thought that cnar
coal can be probably laid down at til
furnaces for a maximum of twenty-fv
cents per bushel the year round, in
stead Of thirty cents per bushel as
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