Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-01-14
ECHOES FROM the MINES.
Of the Weeks Work.
HE CONSOLIDATED AND X X.
FUTURE PROSPECTS BRIGHTEN
ING.


All matters pertaining to mining
have moved along satisfactorily and the
general outlook of the district is very
promising. Our leading mines never
looked better or gave more evidence
Of depth and permanency than at the
present time. 1t is also true that the
depression on the Comstock is calling
the attention of spectators to the
merits Of the Base Range, and haply
at a time when our mines are making
an unusually fine showing. Better
still: we are escaping the stagnation
that is affecting other mining camps,
and there are comparatively few unem-
ployed men among us. The only
thing to fear in this respect is hat our
prosperity will induce an influx of un-
employed men from other districts in
search Of work, and by that means
overstock the labor market. Our ad-
vice to them Is To stay where they are,
for there Is no room at present in Eu-
reka for this class.
The fluctuations in Eureka stocks
for the week have not been great, but
there have been large transactions in
Eureka Consolidated and Jackson. and
quite n number of shares have changed
hands. The former was quoted on
Monday at Sl913, and closed Saturday
at Sl5X. The bear movement that has
prevailed during the latter part of the
week in Eureka Consolidated is not
justified by the condition of the mine,
as 1t is showing a more fattering
prospect than at any previous time.
uI ,ua ~ ~ h. ofpnly !, arlrat no mat
comprehension.
Jackson enhanced in value Sl% per
share and closed at $50 in yesterdays
board.
At the Consolidated the rumor of an
important ore body having been
found was confirmed by the official
letters Of the Superintendent, but its
extent and value is OF of those
things that no fellow ran find OUT
The daily output of ore has largely in
creased, and the furnace has run
| steadily through the week, producing
| about $50 bars of bullion. There are
rumors of the firing up OF additional
furnaces, but we can trace them to no
reliable source. An extract from. an
official letter of the Superintendent
says: "The mine has improved for
the past two days; we have run
through eight feet of excellent ore on
the sixth level. We are getting good
prospects on the ninth level. l think
1t will prove to be a body of ore." The
official letter, which Superintendent
Donnelly forwarded yesterday, says:
The main drift on the 9th level is
now in 935 feet, having made So feet
during the week. Commenced taking
out ore on this level. Vein opens out
we'll, with every appearance of proving
a large ore body. Upper portion of
main drift continues in hard limestone
formation, while the lower part has
run into a red vein matter from which
we get traces Of gold and silver in as
says.
Tenth level, cross cut have made %
feet since last report. Total length OF
same l42 feet. This level is imprOv-
ing In character of ground passed
through, with favorable indications tor
ore.
Sixth level, looking we'll, taking out
ore, with fair prospects of ore body IN
proving in quality and quantity.
Seventh level, taking out ore near
the old cave ground. Have not yet
done sufficient work here to ascertain
how extensive the ore body at this
point may be.
Eighth and ninth levels, ore bodies
show no change.
Richmond.
AT the Richmond the railroad COM
pany have commenced delivering ore
over the new grade. Tie contract Of
Mr.. Harrub has been transferred tc
them, and an additional train put on to
fulfill it. The furnaces have run stead
ily during the week, and there is nc
diminution in the supply. The mah.
workings are all in good ore-some Of
1t OF a very high grade. Prospectlng
going on as usual. The air is rift
with rumors OF a big law suit In pros
pective, and the company will soon To
defendant in a suit with a neighbor
ing mine. There will be no compro
mise this time.
X X Con
The developments of the wees have
added greatly to the value of the X X
and she stem into the ranks with hint: