Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-11-03
EUREKA DISTRICT.
Mining Review for tho Week.
A Good Showing All Along the
Line.

Eureka Is as sensitive to the fiuctua.
tons Of the stock market and feels the
depressing effect Of . break, or the re-.
viving tone Of . raise along the line, as
quickly ~ any mining community on
the coast. The laborer and the mer.
chant, the miner and the mechanic,
every one In fact, who by dint Of in
dustry manage to accumulate Q few
dollars. dabble 10 stocks, some seeking
the dividend paying mines for pur.
poses OF legitimate investment, and
others taking q flyer in the I" wild
CATS" In the hope of making q quick
and profitable turn. Those who won.
der at the scarcity of coin in %circula.
ton. and are unable to account for the
stringency of the local money market.
overlook this state Of facts, and are
puzzled TO account for the dearth of
money that obtains. While the gam
bling in stocks works an evil to the in.
vestors and refards the prosperity OF
the town, still there 10 no use OF us at.
tempting TO play the mentor, and ex.
hort our readers to abstain or warn
them against the shoals and quicksands
OF the market In which they are liable
to founder and wreck their barks. The
temptations are too seductive, and the
allurements OF the game too enticing
to be restrained or checked by the
long winded homiiies. All we can
hope for IL. hat the mythical uprising
that, Tantzlus like, Is always Just
about to happen, but has not, for many
a weary month, will come at last, and
that they may all realize at top fig
ures.
The Eureka stocks, not withstandinR
the panic that has prevailed in the
market, have hold their own. Eureka
has vibrated between s44 and $40. and
562 shares have been sold at those fig.
ures. There has been large sales
of Jackson, tine stock fluctuating be
tween 81 and s., with sales OF lao
shares. X X Con. appeared OF the
market once more and has scored an
advance, closing last evening At $3s4,
AGO shares Of stock changing hands
since our last review.
The storm that prevailed during the
early part of the week WAS not OF suffi.
cIent violence TO Interfere either with
the delivery Of supplies or the work.
ing OF the more exposed mines. A
very heavy fall of snow generally re-
tsrds operations at the smaller and
more ex posed mines, more especially
these on Prospect mountain, but the
storm in this instance was not severe
enough to produce that effect. Char
coal receipts at the furnaces have been
somewhat lighter, the weather inter.
frring with the free delivery by team
Of that article of fuel. A large
quantity will he hurried to
market in the next month, provided
the roads remain Ia good order. Large
stocks OF fuel are OF hand NJ all OF the
furnaces, and with the present system
Of railroad communication, there will
be no lack of supplies to keep the
smelling works in full blast. The
railroad, with its different branches,
running to the mines and reduction
works. IN at present perfected, and like
ly to prove OF the greatest benefit, both
TO the town and mining companies.
Ore and fuel transportation are insured
at q season., which in former years, by
reason Of the i'm FEASIBILITY Of the
roads, and the difficulty encountered
in obtaining supplies, was marked by
a general stsgnation. The present out
look insures uninterrupted operations
during the winter, aud as conse-
quence, constant employ ment for the
miner and laborer.
EUREKA CONSOLIDATED.
The work during the week at this
| mine has been characterized by the
usual progress. Tho levels. from the
firth to the tenth, are yielding largely,
and an average Of 200 tons Of ore per
day are shipped to the furnaces. There
Is quite an accumulation of ore at the
mine dumps, and = small surplus
over the amount sent to the reduction
works. is accumulating daily in those
receptacles. The fifth and sixth levels
are giving up their usual quota Of ore,
about half OF tho amount daily ex-
tracted coming from the ore todies at
those points. The balance Is taken
from the big deposit on the lower
levels. The winze from the tenth
level il still going down. and has at
tanned q depth of about 30 feet. The
ore body Is pitching toward the west
wall. following the law obtaining in
regard to all OF tho deposits subse-
Quently found below the surface on
Ruby Hill. The usual amount of
dead work and prospecting is being
carried on. aud the mine is in splendid
working order from the surface TO the
lowest drift.
Both compartments Of the Lawton
shat are in use, hosting ore. and the
cages are kept running to their fall
capacity. 1t is probable that Al addi-
tional deck will be placed on one of
the cages. after the stump Is deepened
sufficiently for that purpose. A tank
10 attached to the bottom Of the cage
in the west compartment. which serves
to keep the mine free from water, the
influx OF that element being very
small.
The production of bullion At the fur.
nsces has been slightly in excess OF
the previous week. All Of the smelt-
srs are doing good work. no hitch
nor delay having occurred since our
last review.
THE RICHMOND.
Our Information as 10 the workings
Of the Richmond mine is somewha;
meagre. although enough has been
CLEANED to prove that everything is in
q very satisfactory state. We learn