The Superior times. [volume] (Superior, Wis.) 1870-1912, 1874-06-27

in the assay. Utah, though long
known as a country rich in the pre-
cious metals, has only lately been
a producer of them. The Territory
has produced sls,527, ,527, principal
ly silver, and is increasing in pro-
duction at a great rate. La fact, its
resources in this way are simply in
exhaustible. Mau}ana first became
known in 1862, and ,esss-tw.o or three
years its placers gave great promise
but they have lately ceased to yield
much, and quartz mining is not be-
ING pushed with sufficient vigor TO
make amends for the failure of the
placers. 1t has produced altogeth-
er up to the present time sll9,3OS.-
147. The same may be said Of Ida
do, which has produced S57, ,249,197.
Colorado, as a mining field, is just
about being developed, and will
make for itself, by and by, as great
a name as Nevaaa or California. 1t
has produced about $50, ,ooo, 900.
Oregon and Washington have a his
tory very similar to that Of Idaho.
They have produced S25, ,5ol,25o.
British Columbia has added about
$4,000, 900 to the riches of the coast,
and Arizona a small sum; but that
Territory is capable Of being made
to support large mining popula-
ton. Its being named at present
as a mining territory is seeming
misnomer, as its yield is very small, !,
but it has great and undeveIoped
mining capacities.
For the last seven years the yield
of the precious metals on this coast
has been increasing steadily, last
year having increased about A per
cent, being $50, ,436 against S7O,-
236,0l4 in 1872. This was princi-
palIy due to Nevada, the increase of
which last year was unprecedent!y
great. Put tn yiald of Idaho and
Montana has been for some years
decreasing, on account Of their pla-
GERS being worked out and their
quartz lodcs not being sufficiently
developed,
PARED FOR SHIPMENT.
When the gold anl silver belongs
to any Of the great mining compa-
MES it is usually made up in bars
and forwarded by express. Most OF
these companies have particular
| banks, either here or in New York.
to which they sell all they have.
But there are many small companies
and many companies of white and
Chinese miners who sell their dust
to the storekeeper with whom they
deal, or to small country banks and
brokers, who make a business of it,
and who sell it to the bio banks
Nearly all the banks have agents fol
purchasing in this way. The Bank
of California claims to receive two
| thirds Of the bullion coming to the
market. A comparatively small
proportion of dust and nuggets Is
now received. as most of the coun-
try banks convert their receipts into
bars. Gold was formerly sent along
in its original state by nearly all
these banks, but it is seldom done
now, as there is an assay office II
nearly all the mining towns, where
( it j. melted into bars The average
silver bars weigh from 2,4O0 TO B.,
900 ounces, and the gold bars are
worth from $50 to So 600. A few
months ago the Anglo-Californiar
Bank received one of the latter val
ne. The bars range in fOenesS from
500 to 900, the average being about
$50. \ great proportion of the fine
bars come from Victoria, Britisl
Columbia. Silver comes in bars o
al sizes. The Bank of Californi;
has had one bar of sol ounces, OF
I24 pounds sent to it. The gold
and silver from the bank are sent tt
the refinery to be refined. Former
" good deal of silver used to ac
cumulate at the banks, but now it i
shipped quickly by the railroad
What remains over night in tn,
banks is, being III the shape of bars
placed OH trucks and run into tn
vault, till it Is sent away the mex
day. The silver is shipped princi
pally to China, Japan, and England
/ 1t is interesting to detail
. HOW THEY ARE SHIPPED.