Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-11-10
Prominent Mines of Eureka Dis.
trict.
A WEEKS PROGRESS ALONG
THE LINE.
sfssasisn ~ Seen b. asensinel
Reporter. with . Few Conn.,
ments Thereon.

tn0 GOtlIA8-
ME pay of to day, and the total
mount Of coin that will be circulated
this month will reach 500 900. Not.
withstanding this large amount flow.
Ing into the channels Of trade. there Is
. contrast In the appearance Of the
town on this occasion to the features
that characterized It formerly. Then
the psy.days were marked by crowd
ed saloons, thronged streets, and .
general hustle and furry among all
classes Of our population. Why this
10 longer obtains 10 due to several
causes. The principal one we dwelt
on In our last weeks article. At the
door OF stocks lies the main reason Of
the financial depression. The Mount
OF money invested In mining shares,
and the monthly contributions to this
species OF invest ment, In astonishly
large. Everybody with q spare dollar
eagerly buys, and waits patiently for
the time when he will make lucky
turn. 1t is the only royal road to for
tune open to small capitalists, and all
are In hopes of drawing a prize. A
booming market would affect Eureka
quite a. favOrably as any mining cen.
ter on the coast, and would do q
to ease up the stringency in financial
circles than q dozen pay.dsys.
DIFFERENT CLASS.
Another cause for the absence Of the
usual excitement is, that our popula.
ton Is gradually changing to a steadier
and more sober element. The number
Of families who are settling down and
making the Base Range their home,
has increased four fold during the last
two years. This Is especially notice
able on Ruby Hill, where dozens Of
new residences rave sprung up lately.
In seasons Of dullness, the single man
packs up his blankets and moves on to
some more favorable locality, coming
and going IN inclination prompts him.
IN the contrary, the head of y family
Is compelled. by force OF circumstances,
10 remain. Other things being equal,
he obtains employment in preference
to those who have no family depend
snt upon them; and in seasons OF en-
forced idleness he patiently awaits the
revival OF business rather than incur
the ex pense of removal. As Q conse.
quence, they practice greater economy,
and while they contribute more to the
steady prosperity OF q town, their ex-
p~enditures are confined to legitimate
channels, and their wages gu to the
support Of merchants and dealers in
the necesssriss Of life, instead of being
reckisssly spent over bars or flung
away at gambling tables.
IN DEBT.
Still another cause for the present
condition Of things IL, that during the
past year at the time when litigation
had blocked the wheels OF business,
and stopped operations at the mines.
we drew large drafts on the future.
No one lost confidence in the wealth
OF the district, bat largo mining oper-
atoms ceased for the time being. Very
little "a was disbursed, and hun
dreds were without employment. The
merchant. in order to carry his Gus
toners, ran in debt TO the wholesale
houses, and his book accounts was all
he had TO show for his goods. The
day OF reckoning has come, and his
debtors are being pressed In order TO
enable him to make his payments, and
the coin paid out to the workingmsn
finds its way to San Francisco with
wonderful CELEBRITY. A couple more
pay days will remedy this state Of AZ
fairs and put us once more on q coin
basis. With this preliminary intro
duction We turn to a resume Of the
present mining status of the district.
THE RICHMOND NINE.
The outlook at the Richmond mine
is most encouraging. Tho ore body
on the fourth level IL Of very high
grade. and increases In extent as work.
is continued on that level. The bulk
| OF the supplies for the furnaces Is taken
from this deposit. On the second level,
a body Of ore was met with lately.
When first found 1t was about . foot In
width, and has increased As followed,
until at the present time the rein is six
feet wide. with every indication OF
developing into q splendid deposit.
II In believed that IL Is = continuation
of the ore body fourd on the fourth
level, and that this fact will be proved
by further OK quotations. II such
should be the case. the reserves opened
out will be of sufficient capacity to
keep tho furnaces in operation for the
ensuing year.
A PROVEN LODE.
The absnrdity OF the theory set up by
the Richmond Company in the late
lawsuit. is exemplihed by the history
OF the mine since the decision. II, as
they c~ontended, the deposit which they
were working was nothing but a pipe
vein OF ascertained depth and dimen.
sions. when they lost their title to that
erratic deposit. the property was per-
fectly worthless. Although claiming
this in theory, their operations since
that time prove 1t false in fact. Recog-
nizinH the existence Of mineral zone,
with determined and proven bounda.
ries, they BET at work prospecting be
TWEEN the walls, but at an entirely diff.
fersnt point in the mine Than the spoI
where the so-called pipe vein was
worked. They are rewarded by dis
coveries that restore the prestige Of the
property and keeps 1t up to its old rank
as one of the best silver producing
mines In the State OF Nevada. Will,
on this subject. we may rs we'll mon
ton one point that the most persisten
Of the opponents of the lode theory
| Ovarlook hoth In THAR arpuments anf