Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1876-07-30
The Mining Outlook.

Amid the general depression Of busi-
ness in most parts OF the Union, 1t is
refreshing to tiud IN the precious metal
mining industry, very different state Of
affairs. The far West courts examination
at present, and desires nothing better
than that Its claim as profitable field
for investment be closely scrutinized
And as success in any one line of trade
is bound to lnfuse lie and more or less
vigor in all others, the present remark
able prosperity of the Pacific Coast min
eral interests may well be regarded as
an encouragement to respondent bust
ness men of the Atlantic and valley
States.
The harvest Of the miner is per-
petua one, depending neither on fair
weather nor plentiful storms. Let US
glance across the 200 miles OF noun
tains lying between Denver and the Pa
ciio and See what is being done. Thu
inspection will have many elements Of
interest aside from the array of figures
which express the outflow of metals
from the bowels of the earth The win
ter has been long and tedious one,
and though now quite at an end. but
a small area of ground is yet inlly under
placer work, not one fifth of what will
be in the next 80 days. This branch of
our industry produces annually about
one-tenth of the annual precious METAL
yield. or between seven or eight millions,
aud in an examination of the condition
OF the industry at the present time of
the year much of this important item
must be disregarded. But what is left
makes an exceedingly respectable show.
ing,
Nevada, the Silver State, is pouring
out daily 1926, 900 in silver, SIS 900 in
gold, SIS, 600 in lead and $4,000 other
mineral. making a yield of $4,000
daily, or So, O0O, 900 per anDum.
California Is producing daily about
$40, O00 in gold, Sl0,0 10 silver, IS, 900
in quicksilver, So 900 in lead and copper,
81 900 in coal and fully 1000 in iron,
anthony, zinc and other minerals. Its
total yield is therefore $4,000 CORE.
spending to an annual output from Its
mines of S23. 100000
Colorado is producing SIS 900 in silver
every "a hours, $1,000 in gold and ST..
600 in other minerals, or see, 900 daily,
equal to 81, 500, 900 yearly.
Utah is credited with daily output Of
Sl2, 900 in silver, $4,000 in lead, s., 900
in other minerals; $4,000 per day, or
Sc, 900, 600 per year.
Idaho, Montana, Oregon, Arizona, and
New Mexico together are turning out
each day $4,000 in gold, SIT, 900 in
silver, and 81, 500 in base metal, giving
total of S3S, 500 each day, or 1850,
600 annually
Footing these items it appears that
from sunrise to sunrise the mineral re-
gions OF the western United States throw
into the markets Of the world not less
than 1881. 900 in pure bullion, and S4S,.
5OO worth of other metals and minerals.
Each hour OF the "a is the parent OF
Sl5,52l worth Of metal, and each minute
OF the hour tine producer OF permanent
metallic value to the extent of about
$3.50. With nearly every tick Of the
Centennial clock in Philadelphia, halt.
eagle rolls out Of the mines and takes its
place in the worlds treasury, the con-
tribution of America to the worlds sup
ply OF circulating medium.
1t is only by examining closely into
the details o! affairs that We arrive at q
full comprehension of their significance
The precious metal mining interests Of
the United States are to-day tremen'
dous fact. The production Of Sill 600.
600 OF metal each year from region
three-quarters of which was bowling
wilderness 10 years ago. is something &c
be proud OF and to wonder at, and an ar
gument in support Of the profitable
ness OF the industry that is diff
fcult to be overthrown. Assuming, fol