Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-06-02
TEN PAHUTE.
Need of Railroad Facilities TO the
SOuthward.

Need OF Railroad Facilities TO thu
Southwark.
In the columns of the SENTINEL W.
have had something to say about theex'
tension of the Eureka and Palisadt
Railroad southerly, and the many min
ing districts such an extension would
accommodate. We repeat that no one
can easily overestimate the mineral re.
sources of Southeastern Nevada. Rail.
road facilities OF transportation would
soon make this great section as popu.
lous and prosperous as is the western
portion of the Stale. That a better
feeling prevails, wen now, towards
this opulent region, is manifested
from the many exploring parties now
in the field, or about to enter it.. Doubt
less much of the attention now paid to
the Great East may be attributed othe
depression of stocks along the Com
stock. Capitalists are awakening To
the fact that money is more safely in
vested in the exploration OF mines
than in stocks e~nveloped in the mystic
rious, and, sometimes, INSCRIPTIONS,
management of rings. AT all events,
we hear OF Eastern parties and West
ern parties who are contemplating
mining enterprises in our distant
cam IS, and we the more cheerfully
welcome the introduction of capital to
develop the mining wealth of the
country, when we consider how nearly
certain it rs that disappointments sci.
dom come to we'll directed aud persist
cnt labor. Among capitalists East, we
learn that a company in Chicago are
considering the Propriety OF develop.
ing a group OF mines in the Tenn Pahute
District, l5S miles south of Eureka.
The company have thoroughly exam
ined the mines, and are fully satisfied
with the prospects. A few days will
determine if the arrangements for a
purchase can be completed. Tenn
Pahute is a district OF rich ores,
and there are many well defined
lodges. Among these we may name
those belonging to Judge Thompson,
Colonel Baker, Russell and SEWN, and
Smith and Purchar. Perhaps in East
ern Nevada there are few mining dis
tricts which present fairer or more
promising prospects for the enterpris-
ing capitalist than Tenn Pahute.
<hECh
Gentlemen from San Francisco tell
us that there is no mining town on the
coast that stands so well Today in San
Francisco as Eureka.-[EUREKA SEN
TINEL, May 25th.
Commenting on the above the San
Francisco Stock Report says: 1.-The
SENTINEL is about right. While the
mines of Eureka have not produced
the enormous products which the lead
ing Comstock mines have yielded, they
have manifested a permanency and
steady going character which have
brought them into favor for invest
ment. There have been no fever of
excitement and subsequent reaction in
regard To the Eureka District, and this
is most fortunate for it. While other
outside camps have had their day and
sunk into insigniticance, Eureka alone
has shown stability from the first. Tie
fact that the stock of many of the best
mines is in English hands and with
held from this market gives iirmness
to the whole group; while the absence
of speculative commissions has espe-
ciallv commended the leading mines
to the investor. Heretofore all outside
districts have been overshadowed by
the Cotnstock, but the com parative
steadiness in the Eureka stocks amid
the general crash and ruin show how
wellthey are appreciated now"