, 1875-01-01
THAT "BONANZA,y

aalety to The Shore.
THAT "1sONANZA.v
The Recent Marvellous Fcve1opm ents
lH Nevada silver Mites.
-, From The san Franet.co chron,ct, Dec. ~.
sl'areB III tho leading Nevada mines attained 10
figure OH Monday that might render the date
forever memorable IN tho mining annals of tho
paciic coast, wero 1t not that tho onward tomb
cncy Of the marlet scoms prophetic Of still ligh-
Or prices, whom slo Eraat Cornstock problem
Conaolilated Virginia sold at $500 per sLaro-a
gain Of sos. from Saturtlay-hignost Board
price: California sold at 300, pain Of sl7i
Q gain Of $73, In tile face Of such start
ling advances mon stand fairly par
alyzcd. Tho cause Ut tho Btosdy advanco
IN tho nrlca OF tlicss stocks which has been go
lug on Tor weeks past is tho continued maryoi-
ous developments Of wealth which have been
made in tho Consolidated Virginia Mine, the
value Of which las increased nt the average ratio
os $4,000, QUO day for thu past seventeen days.
Since the fHt OF Daceulbor tho value OF tho Calt-
fort,ia mine has increased at the average ratio Of
423G0 703 per day
The surprising advnnce noted on Monday, how
ever, was cauaoa by the report Of rich strike in
tho eastern workings of tho Oplir Mino-the dis
coycry Of an oro body having the sau,o general
characteristics OF tho Consolidated Virginia.
This IL regarded by mining Mon as conclusive
eyidouce that tue great bonanza extends thsougll-
out the whole length OF tho California Afine-GOO
icet-into tho Ophr ground, and indefinitely
northward. tho Lord on , knows how fnr.
III tho light OF the most recont Developments,
what few weeks ago appeared to be tho doliri-
GUS rawlings Of super-aated enthusiasts begin
to look like sobor calculations OF nnmaSinativa
nathenatcians. btr. Sharoa'a modest estimate
OF $500. .NUo, QUO as tho value Of tho great bonan-
"a already impoaches him as hn unskillfnI cipher
or, aud tho very men who but twelve days ago
riGiculod his estimate laya now no tser for Mr.
DiedBlleiuior. Iniuing engineer Of large ex-
perionco, who, with unbouuIed faith In proba-
bilitias. and an enthusiastic disregard for uucer-
tanties, ses the thing at meroly II, SOU. 00A. .0c0
prodigious Dgurea,, whose bare comprehension
strains ordinary arithmosical capacity.
A reporter Of contemporary on Monday In
terviewed MFR. Diedesheilnor, who returned last
Saturday from Virginia City, whittier ho had
gono to inHpecs the mines rotorrod 10. The ro-
porter asked:
| solidated, California, and ophir y
No {; through Consolidated Virginia and tho
California dEifta. After seeing them man don't
| want to 500 any more mnea."
| "a What do YOU think Of them7"
"Well, hardly know whothor ought toaav;
| II do, people will got mo down no = crazy nAn,
| Just IS they did when, couple Of rnnn:hs agu.
| told them California anu Consolidated Virginia
| would 70 to 5000 befors tho ciose OF 1871"
"But the readers Of tho Post would like TO
know anyhow they eau draw their own conclu-
gionB."
"we1l, nothing like these mines has ever been
Tboy are richer than can tell."
HoH rich aro they p
| "Woll, there In ons pillar in tho Consolidated
Virgins that sontsina according to my ealous
"seyenty million dol1ars That is onormous."
Yes, but that is nothing. toll you thit
nothing like IT las been heard or dreamed Of bo-
fore, and when a man goes through tin mine as
suit Ia simply astounding"
"well, what ia tho result Of your calcu,a-
tlons ?"
Allowing GOO feet for tho depth Of tho ore
body, calculate TIA. there in IN theao mnea
81, 800, ,00o. 600 worth Of bullion"
| "Dnt ia there any justification for believing
the ore-body oxtends thai dcep?"
,oa II has already boea exposed 70 tho depth OF
| 200 feat; Rnd from the uufaitipg Indications
horizontal aud vertical, oxpoacd by tho different
cross-cnts, indications Of tho kind which have
marked every body found Oh the Comstpck, a1
evnry other body Of which know snythipg,-I
am satlaiied tint the dep:h Of tue oro viii fur
| exceed COO foet. In tho Grown Point tho ORC III
tho widest part was but 1G8 feet. and not over
$50 feet in longsh yet it went to the dapth Of
800 foot. This orc body, aa wo knox now. ia 1t
least l, 700 foot long. The dopth Of m o1o.body
| fA always proportionato to It's length"
"Dnt $1. 600, ,o0oo0D In Al enormous sum-
~ know it is. But there has nover bccn any,
thing like II boioze. It will not be long bsloto
experts aud mining capitalists will be 1oeking
from all parts OF tho world 10 see this wonderful
bonanzs. Flood. o'Brien, Macksy. and Fair Will
| DO tho richest men In tho world"
Richer than the Rotschds 7"
"YoB; richer than any ono IN Europe or Amer.
| leu. don't know hpw rich thp Khediys OF Egypt
Ia, or how great ao.ho Of the great Indian or Chi
| nese fortunes may be, but these mon In few
years viii be riehor than any ono in Europe OK
America, not excluding the nothsehilds."
"What pricoa do you think these stocka will
attain ~
.'Well, you can judge for yourself from what
| I have told you but am eatiBaed that 1t will
not DO long before people will be talking Of thou
| aanda instead OF hundreds"
Ato you interested In these minos, Mr.
| Deidosheiner 7"
| Yes; have BONG stock md have ordored
| some more this morning but hAvs nothing to
! what would have had IL my friends would hava
| aoted on tho information I g4vo them mouths
| ago, beginning WHOM California stood at $50,
Consolidated Virginia 1t #7G. and 1t Ophir at $96
Now California stands 1t e510, Yirgi1ia 1t $500,
and ophir, including the Mexican dividend, at
4224,"
People may we'll smile ut tho ertravagant f1g-
| uroa OF Mr. Diedosheimer. despite his oarly
| Freyburg training and his later Comatock ex-
perience. It i. quito likely that Mr. D. hos
stock,-in fnet, great doal and that tits hopos
have run away with his Judgment. Yet there
seems to be reasonable doubtH thtt nj former
estimates Of this immenbe discovery have been
upderstAted. Whatever may bo the ultimata
amount realized from this mineral wonder,-thla
'heart Of the Comstock, enough ts unques-
uouhbly demonstrated now to prove that IL will
pour Into tue lap OF Ban Francisco 4 sum equal
t. the total existing wealth of the city
1