New-York tribune., 1875-01-19
THE GREAT BONANZA OF NEVADA.


A SECOND GLANCE AT THE SILVER MINES
PHILIP DEIDEsnEIMER, THE MINING EXPEhI, SIN, -,
HOLDS TIE OPINION THAT THE BONtNA 20
IyopTu a 400 IOD 600 - SECOND VISIT TO IHE
MIYEs-CoNsoLIDATED VIRGINIA sHAkEo wolff ,
S5OOO-THE FINDING OF OTHER MINES PiE-
DicihP; P;o, TIE San rrane.oo CArcrfcr Jsn. o
Two or three weeks ago Philip Deidcshoimer,
n gentleman well known IN ,nhV v.r.ieS .p 10 az The
and supcniendent was lntervrSe ed tespeT,ns I'm & w
great h0uaLzt by San francisco reporter Inc cue
BODY of ore which runs through lne Consolidated Viz
ginis and California mines, perhaps INTO OpI perh9p
further worth at the least calculation 800 oCOCo
Mr. Deideshemer then called iunauc, or words to
that effect. Subsequent developments have how,
ever tended TO COrrObOrnte his statcments, ana
other experts, who have since MADE slmi. ,l.-
lar examinations, have talked In similar
1 ng 70 odns IN as suc de1e er sue esOf mr. Das
heimer, again 10 San Francisco. aitera ialer Nls 10
Vrgnn, aud more careful intpecuOm e' 5e ro.non
siny " former assertions, or even 10 extend ihen
his ro0uls vt the Occidental Hotel Tic expert and
right hand mau OF Flood OBrien G5 ne NAV, leihHp@,
be called Is bauGs1ne gentleman or 4O or 61 Yeas VI
agc German ny nrth thorough miner Dy euncatiu1'
aud on en- iusiast bY temperdmtDt. lie ~ rec-dhd
oro IN" i,rpcr once IN a while to check him his
mad verbal career 10 order 10 nave Tue matter u i'
caS6S CsIS1rss 80 igv The reporter saying
that you VIII slick t" yonr opinion thAt the great pO
"Crrtainly do | nave bcon called lltile crazy or
crratic because Of IT, that IL of no consequence NV
hacn IN fhclr advantage Tney bought stock in Ch-
frna nd Virgn, whoa they AT S38 siO nni 81 On
up t. sCC aud nrI H. and tney are now wen OIL - call
rour own, Nj. D-ile.hoiHcri"
ooh [ nave made a few miiiion'; thar VIII 90 me-"
do you own stock ia both tue great lG!hesP
"iI@ye you any stock in Ophrw
"Npt at present | nad some out soil II. II 3 my
fayolIfc nine. however. IN alTays proud ~ ON
as utb, rhuks Of pet Child Nv friends soa Il aIcr
cearipc 81 100000 in five monih' vent 10 MT; l%5- a.
ward and recommended that De bought bdcka t5 for
the OLD shares The Old shares WoGid nave been - iOf
one including tie Mexican. About the same ume al
Consolidated Virginia. acontrunS Interest IN wnith
could at that time have been obtained for tveo Ihey
r icted nv counsel alleging that mine enough
a6d hen wa. 100 poor myself to do ANYTHING WITH H.
l glad 10 say tbat Messrs God OLrieA UouGn' Z"
and are The fortunate owners or u To day"
You have ntly been at the mines, believer
"I went through Consolidated VfHn.a, California,
Opblr Mexican ana Union Consolidated, ana lhSpeclcu
"Wiat is YOUR estimate OF the length of the great
"Wei OF course no ore can answer that question
caegorcaly mink 1t extends. 80 lar ar as Ie'sICpTn
Vrcni1 through the California. which would be total
disjauce OF go feet, aud perhaps INTO tue opnir.
whether bonanza they uIe WORKING n lh- Oflr -
" H1w woulJ YOU estimate its depth or thickness T.
"My former calculation showed tnat the DouaLzt was
COO fee In depth. The plOratuus have been carried
10 feet deeper since my last vis ana the
sIne Tse explorations upward have shown ore 10
feet above and has been struck SIM lOJ et ABOVE
that. This gives total iucrease OF the developed
hIgut of the body Of 3i2 feet 52 in the aggregate
and tie progress Is still through OF equal richness
Tie PROBABILITY is that the width Will exceed my
original calculation"
nanaon OF the present uniition Of the Two mines"
would haVo no objection. The VINE that was
SUM- few feet from the line OF The California Ia Con
sOldated Virginia is l42 feet below the l50foot level
and pa ssiDg through rich ore. CtOssodt No. 2,
which is feet souh Of tie California line, ou the
l5V0foo Level is now eco feet ID ore ana no wall yet
ne from the 15sofOo level shows ere running
up the tens OF thousands, WIN every iudcalon o
continuance The WluIe W leot DclO" tht Iooy loot
level u IN very hsh e ade ore, averaging, should
think from 5000 10 $3.50 pr ton IHe crosscut started
from the l5COIoot level al point EVieet horth OF mo
south aud in California struck tho ore DOy at =!
feet the Sd inst which Was considerably sooner thau
Anticipated immediately above tu>, 100 icet nearer
the surface, crOsscut from the 4O0fOOt Lowell was on
these facts ana The caculalJns olsed on tnem are
mere matter OF arithmetic assert that there Is already
dated rguia. 81 cCOOOO0oO OF make this
tion and ain wiling 10 stand by H. There are tue nnes
and all mining experts OF tue world are invited TO
Inspect them and prove that an an ass II they are able
What do you SUPPOSE that the orc Will average per
think that It win perfectly safe that it will
average 500 per ton. course, there Is ore mat Wll
run up Thousands. But yo1 know ho~ II 10 IN
"Wnat is the richest they have strucki"
81 have seen some that will run very high. For In
stance, have exanned driiis 10 ieet IN ore that
"In how many drifts or crosscus has ore been struck
"onIy IN twI so far a. know ono on the 400 loot
level and the other the 800 foot level about ~ feet
from the liue OF the Consolidated Virginia The wnz,
from the 15O0fJOt level when down 4l ieet, all in
Is only few feet from the California hue"
What do you think the Intrinsic value OF the Con-
| solidated Virginia and California To be "
fornia are worth at per share tnat g. rave
no DOUBT thai amount Of money will oe paid out In diV
GeLd-"
The chances are that will be big mine. Tho pros
pects are exceedingly favorable. have doubt that
| dividends b. made on Ophr II it is properly
managed. don't know whether 1t Is in debt not.
adysed Baldwin not to sell tho Oplir mine at the time
he got Il, OF
standing That shows that thought well Of the mine"
| "Did jou 90 through the Me1icauP
did, but there is nO,hng To be seen there yet.
| II may Prove to lie a good mlue some day. The same
may De said OF the Sierra Nevada. Both may be big
mlues day and millions may be spent them be-
| fore anything Is found"
"Wbst will he the eject OF dividing Consolidated Yir.
! glnia aud California;
u think il will increase the value Of their stock
great many will then inyost who think they cannot
afford to think that the after II Is cnt mp tne
new shares VIII 40 10 500 1t must come out so peo
| uIe Will have cOnti icnco In my statements"
You have bad large experience Ia mining matters,
have been mining 81 years, or most OF my lifetime
don't pretend to look iurther Underground than
pick shows me. Bat we shall have some more minos
cause II neIact IN my large CURES afn in danger
IeG % aey weas es ys me- M WY S Gq speak ak
| cause dig them out. A great many men have made
mi hons through me from whom have received DOlh-
| ing. Tnere are other men who have done hand
sonely by me- and those are tho men
edge are OF some value. when 1 had 10. t
everything in Overman-that by acng on anotber's
inteudency OF Ophr But did not and was glad OF 1t
aferwaTd, although doutt II be gOula have gwen 1t
u me. Wben STOCKS began To come few weeks ago
started for the Bank OF California with view TO ask
lug RalstOn TO give me credit OF half a million put
In stocks, but changed my mind, thinking that the
proposition might appear to him ridiculous so | went
and associated myself with Flood OBrien. and am
very glad OF IT, When Consolidated Virginia was al Ss5
told A. j. Ralston OF Virginia he had better buy lie
said WAS too hlgn he would wait until II came down
to $50. told him II would never to that figure
again. Peart, Haywards agent, asked TO telegraph
| n saw aDl thing tuat pleased me- telegraphed to
i nj
they could lay their hands came down few days
afterSard, when 1t was selling at Sl27. He baant