Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1876-02-10
BONANZA GROUPINGS.
Weekly Summary Of the DEVILS
Gate District Mines.

No important development has
taken place since our last report. In
some of the mines more water than
convenient has been encountered,
but it will be handled in almost
every case without any extra ex-
pense. On others new and power
full machinery will be placed with
all possible speed that deeper and
more extensive explorations may be
made. Confidence seems fixed as to
the permanency of the mines of this
district as we'll as throughout the
length of the Comstock Lode. The
northern section shows well-the
Savage has struck q large body of
water, but by experts it is believed
to come from an ore body of some
extent. The Con-. Virginia yields
her regular monthly dividends. The
Belcher has also again fallen in the
line to the extent of 81 per share
each month. The "Stock Report"
of late date speaking Of the yield
of the former mine says: "For many
months the Con. Virginia has been
paying monthly dividends of $40,
and has aggregated since the con-
solidation Of the mine, including the
dividends paid on the 18th of last
month, a total Of sl4,O4O,00O. OF
this sum 81 ,44s, 900 we're paid dur
ing the year 1875" 1t is thought
that dividends may reach higher
figure than $40 per share during the
present year. The money market
of San Francisco il very easy, large
amounts being thrown loose by
bank, mining and other dividends;
considerable foreign and eastern
capital has also found its way to this
Coast for investment. This, In con-
nection with the encouraging ap-
pearances Of our mines, leads us to
suppose the ensuing year will ex-
coed the past, not only in the bullion
yield, but in rapid and thorough ex-
ploration Of our mineral belt.
AMAZON AND GLASGOW.
New machinery for these mines has
been ordered by telegraph, and with
in ten days 1t will be upon the
ground, consisting of a fine 8 inch
Blake pump, boiler, etc. A full
force OF men are employed In grad
ing for the foundation and enlarging
the size of the main building to meet
the requirements of Increased motive
power. The body of water recently
struck, comes principally from the
north drift, where the vein widened
very perceptibly and up to the last
work done was daily improving in
appearance. On the evening OF the
Sth, the water had increased 80
m UGH that all underground working
had to he suspended, the small don
KEY engine being unable to keep 1t
down. The Company do not by any
means feel discouraged at this, TO
the contrary, they deem this UNUSUAL
flow of water as q good indication
that the large vein from which it
contains larger percentage
of precious metals than before shown,
and when the new pumping machin-
cry is in place and At work we hope
their expectations may be realized.
SILVER HILL.
NJ UGH trouble has been experienced
in this mine from the large flow of
water coming from the east drift on
the fourth station level. This water
was encountered when the vein was
tapped. 1t was supposed it would
soon run out and further progress
was attempted, but it increased so
apidly that further work for the
time was suspended at that quarter.
The air compressor works we'll. The
incline in which the Burleigh drills
are used is down about 100 feet. The
necessary work for the plunger
on the 400 foot level Is about finish
ed, which will relieve the pump of a
great strain and add to its effective
ness. The mine looks we'll, some
fine specimens having been taken
from the ledge.
SILVER CITY.
Reports Fl ON this mine are Of an en-
nature. The expected
has been made from the
upraise mentioned in our last with
the old works to the south. This
leaves a large body of unexplored
ground to the north which will be
opened and prospected without de-
lay. The usual amount of ore is be-
ing daily extracted aud as soon as
the storm Is over and the condition
of the roads permit arrangements
will be made to crush IL. Prospect
ing and opening new ground Is be-
ing continued without delay. Every
thing connected with the mine is
going on satisfactorily.
COSMOPOLITAN.
The tunnel is advancing rapidly
toward the vein and has
passed through some streaks OF clay
and quartz Of high grade, which
are supposed to be stringers from the
main ore body. The incline is going
ahead fast and has now attained
depth Of a hundred feet, being en-
tirely In ledge matter. A large pOr-
ton of the quartz is saved, beng
sufficiently rich to save for milling
The work in the mine Is
being pushed ahead with eight hour
shifts and altogether the prospects
are more fiAttArinQ now than anv