Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1878-10-17
QUA DISTRICT IN LONDON.
English Capitalists GrowIing Re
cause Thes' Kissed n Good Thing.

English Capitalists GrOw1fng BE-
cause The.' Missed n food Thing.
The subjoined correspondence appears
in the London Mining Journal Of Septem-
Der 2sth. 1t will be observed that certain
English capitalists are regretting that they
did not gobble up the Eureka Consolidated
in the early days Of the district, when they
had an opportunity to do SO for a mere
song, as compared with its great wealth, as
since developed:
At the present moment this mine would
appear to be absorbing the attention of the
public to q great extent, n now the storm
has spent itself for bulls attempting to send
shares up, and bears for making reckless
statements to depreciate the same, q lull
may be conducive for calm minds to arrive
at facts relative to the property from the
source whence these facts should be
derived-the reports Of the agent, Captain
Richard. This gentleman was long in the
service Of Messrs. John Taylor & Son,
thoroughly understands his business, and
was, l believe, highly esteemed by them.
He certainly has the entire confidence Of
the intelligent portion of the shareholders
in Richmond, and his very clear report in
last weeks Journal ought (if anything can
do sol to give confidence as 10 the future
of the mine. He plainly promises q long
and profitable run when the furnaces are re-
lighted.
Developments have been made in the
mine quite warranting this assertion. The
adjoining mine 1.-THE Eureka Consolidated
has, during the last twelve months, paid
SO per share per month, about Us. Cd.
per month and the shares numbering
$4,000, this equals about 81 800. 900 annu-
ally. or nearly f400, 900, distributed among
the fortunate proprietary. 1t is not many
years since I myself purchased this Eureka
mine from Mr.. Bateman for f40, 600, and l
formed an English company, with a capital
of EGO 900, 70 work the came, The prop
erty was not to be taken over unless it bad
been approved by an English expert. The
Welsh gentleman, supposed to be a COM
petent miner, upon whose report the Eng
lish shareholders determined to act, re-
commended the company not to have the
mine, and the project was therefore aban-
doned, although at the time a furnace was
up at the mine in a good position to make
large profits. In this way English invest
ors lost the chance Of participating, for q
small sum, in this extraordinary mine,
and certainly o sum Of e., 900 900 was
thus lost to them. :.
Now, l do not expect that Richmond will
pay as well as Eureka Consolidated, al
though there is really no reason why II
should not, but if it even pays half as well
as Eureka the Richmond shareholders Will
have no reason to complain, and it does
seem a matter Of regret that to certain
minds success is much more painful b
failure. l judge this to be so from the
.ux-.lJx .~~ocn1-1nnoo with regard tn
Richmond which has lately disgraced the
public press. GEORGE BArTERs.
Austinfriars, Sept. 81.
Organize for the Winter Evenings.
Eureka society is toning down to the
ideas OF civilization, and it is to be noticed
by those, even, who nave been here but
couple Of years. 1t is said that every ones
character depends much on the way in
which they spend their leisure hours, and
If any person will select a dozen of their ac-
quaintances in Eureka they will find that
one-balf Of that selected party will be,
mentally and socially, far above any one OF
the twelve they could AVE possibly men,
toned two years ago. This being a mining
camp, many nave taken to the study Of
minerals there Is q marked increase ID
the percentage Of attendance upon our
public schools, and the churches have
knitted q framework that has gathered the
well-balanccd and temperate minds in
squads that will very 100 be in power
among us. or course, like other towns
people. the average Eurekan will do what
he best likes, but the training Influences
are in the ssccndancy and intelligence
holds the winning hand. Example is a
power, and the musicians, the book-worms,
The intelligent speakers, and the exem-
plary citizen, are a triae in the lead Of the
Baccanalian songster, the to~Dacco-worm,
the illiterate number aud the sensual an
imal, who at all new camps rule the roost
for a period. There can be q good step
taken, if it is advanced rightly, in the or
ganization of s~ocials, clubs and gatherings,
generally, for the coming winter evenings.