Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-06-15
THE pALlsADE COAL VEIN.

we nave duly chrOnlcled the devel.
opments made in the coal mine re.
Gently discovered at Palisace and are
pleased to learn that the prospect for
opening and developing a large and
permanent vein is daily increasing.
Messrs. Ferguson and Young, the dis
coverers of the mine, are both old GOAL
miners +; Mr.. Ferguson having worked
for a number of years in the Pennsyl-
vania coal fields, and Mr.. Young has
served his apprenticeship in the coal
mines Of England. Soon after the
finding of the Palisade vein, a COM
pany, con sisting of the prominent citi-
zens of that burg, was organized and
capital sufficient to sink a shaft and
prospect the find subscribed. The
vein is situated about four miles north
of tn. town, and a shaft has been sunk
on it to the depth of thirty feet, aud
from the surface down the coa! has in
creased in quantity and quality. A
large quantity has been brought into
Palisade and submitted TO va
rious tests, such as burning in
q forge, under a locomotive
boiler, aud in heating : stoves. al
these experiments have resulted salts
%factorily, the coal burning freely, CIV
ing a welding heat in the forge and
leaving but little ash. There is very
little sulphur in it, and the specimens
we have seen have the gloss and luster
of bituminous coal, clearly Distinguish
itNu ~ frnnl hnnttA Hbn
shaft is very small, but besides the
large quantity sent into town the con-
pany have a number of tons on the
dump, and on Wednesday extracted
one lump that will weigh over a ton.
AS an evidence of the faith that the
company have in the mine, we learn
that they refused a cash offer yesler-
day of $1,000. The stock is divided
into Ii 900 shares, and a small number
of l00-share lots have been disposed of
at 81 pei share. These were sold to
friends of the original owners, but
there are none in the market even at
that price. We have in former arti-
cles dwelt upon the advantages that
would accrue to the Central Pacific
Railroad if coal in any quantity should
be developed by future explora.
tons, n we understand that the
offer yesterday was made by an au-
thorized agent of that company. They
are very DESTROYS of escaping from
the clutches of the Union Pacific, who
now exact a tribute for every ION OF the
vast quantity used on the Central
Pacific road. The railroad runs
through a treeless desert for a length
of five hundred miles, and the exist
ence of a Goa Ted at a central point in
this waste would save a large amount
in transportation, while if the deposit
should come under their control, the
first cost would be reduced to that of
extraction. There is another view of
the matter that effects Eureka.
AS the mountains in this vicinity are
denuded of their timber growth, tie
charcoal supply in the near future be-
ONE a serious question. There is
no present scarcity, but the price Of
the article is the heaviest item Of ex
pense encountered in the reduction
of our ores. The contiguity of a large
coal deposit of a quality that will coke
readily, would solve the question, and
render valuable the millions of tons CT
low grade ore that at present cannot be
worked at a profit. Our furnace men
have been i'm patiently awaiting devel-
opnents out at Pancake, and
their attention will not be drawn
to the Palisade Goa fields. OF course
these are mere speculations, but the
owners Of the vein are very sanguine, |
and feel sure that they have got a good
thing, Notwithstanding that Professor
Frank Stewart denies the possibility of
the existence OF any black diamonds
in the sage-brush. Scientific theories
are apt to be upset (the silver deposits
in Leeds District for i%nstance), and if
he will put on his spectacles he will
find several tons of the article at
the Palisade coal mine. If ten tons of
coal can be found in that mine, there
is no cogept reason for denying the &C.
currence of ten million ons in the same
neighborhood. Facts are hard things
for would-be scientific theorists.