The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1876-03-10


assayer here of the result, hc laugh.
ed outright, and informed me had
picked up ore there which assayed
at $4,000 q ton. Said he: "They
can run that ore mp as high as they
please; there is plenty of free gold
and wire silver there
Y0u have heard something of the
Consolidated Virginia Mine during
the past two years. / made an ex-
tended tour through this rich cav
ern of treasure, but it was with q
feeling of mild contempt that
looked upon $500 ore, after my ex-
perience In the California Mine, and
although $50 tons is the daily pro-
ducti0n of the Consolidated Vir-
ginia, and about $4,000 the daily
yield therefro N, my aspirations still
tend toward the CalifOrdia.
The G. and c. shaft, which is be.
ing erected for the purpose of hand.
ling this ore, will be finished in
May. It will be able, with its three
compartments and double cages, to
handle ], 800 tons of ore q day. But
suppose they hoist but 500 tons OF
$500 ore Q day, the smallest day's
work will give returns of 500, 600.
Il do not think, however, that they
will halt there, yet there Is nothing
to hurry them. Me-. Fair, the Super
intendent, expects to produce about
$5,0O0,OOO q month from the two
mines for the first few months after
the California starts up, working
gradually to monthly production
of 100000.
The Consolidated Virginia Nine
is divided iuto los, 900 shares, and Is
selling at $415 q share to-day, or
$44, $4,000 for the mine, This IA
nous mine produces $2,00,00O q
month, and pays $40 per share per
month in dividends, and is likely to
keep it up for three years to come.
The California Mine is divided into
$4,000 shares, and is selling at the
rate of $50 share (and this before
an ounce of ore has been taken from
the mine,) or, $4S, 500, 900 for the
mine. California will pay its fret
dividend in May-S3 share. Nay
promises to be big month in the
history of these mines. 1t is under
stood that the management propose,
in addition TO the regular monthly
production, to mine $4,000, eco ex-
ira, which is to be. sent to the Gen.
tenniaI in the shape eff bullion, for
exhibition. For the transportation
of this immense amount of bullion
thirty cars will be required. The
proposition to mine this much bull
lion from two mines in a single
month may seem fabulous. I as
sure you it is not impossible.
Naturally, one asks, who are the
men that control the destinies of
this stupendous wealth. Where did
they come from, and what will they
do with it?
To begin with, the BonaDza Kings
as they are univ srsally acknowledge
ed to be, are John w. MacKaY and
James 6. Fair, of Virginia City, and
James G. Flood, and VIM. O'Brien,
of San Francisco. MacKay and Fair
have been mining experts for years.
Flood and O'Brien were merchants
in San Francisco. By shreWd and
careful manipulation MacKay s. Fair
got hold of the Hale & Norcross
mine, and let Flood & O'Brien in for
share. They then got the White
Sc murphy claim, whlsh they reuam-
ed the Consolidated Virginia. The
shares were selling at So, but moth
ing daunted, they kept on sinking
the shaft, and finally struck the bo.
nanza in 1874. Is few months they
were independently rich. They
bought the California claim, and
have proved it to be the mine of the
age. AT present each of them has
all income of over $4,000 q month,
and will probably be worth one
hundred million each in ten years.
They are all modest and unassum-
ing, and universally respected.
Their wealth brings many annoyan.
ces in the shape of begging letters
and personal applications for men-
ey from people they never saw. II
is an impossibility for one of them
to go on the street without being
''struck" for "loan," or . request
for money, unaccompanied by q
promise to repay when the stereo.
typed dog is sold. This increasing
demand from strangers for money
and "pOints" on stock is having its
Legitimate effect IN souring the dis
positions of the men, and I am not
sure but they find themselves insen-
siblV signing for the days of hard
work and freedom from care. How
ever this may be, I don't know; but
do know the ore cars continue 70
ascend, and the assay Office turns
out its 100000 day, and the bo-
nanZa kings continue TO draw their
half million in dividends each month,
It's second nature, you know.
| II. II. b.