Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1879-01-25

An Ex-Eurekan ON the Advantages
of LeadviIIe.
LEADvILLE, January II, 1879.

of LendvfIle.
LEADvILLE, January II, 1879.
EprroR SENTINEL: l am stampeding
again; nothing new for an Eurekan though,
and in hopes to partly repay the many
fayors you have shown me, 1 will tell you
about the "Dew excitement" 1t is stu
ated in Lake county, Colorado, up in the
mountains at a height Of eleven or more
thousand feet. The mines are base, and
carry silver in much the same proportion
as those of Eureka District, and, in fact,
the ore bears a striking resemblance to
hat taken from those mines. Several
sales, "way up" have been made. A one
half interest in the Little Pittsburg sold
for $500, 900 in cash a similar portion Of
the New Discovery brought SI25 900, and
Joe Chaffee, Colorado's Senator, made $780,
600 out of it; the Little Chief, adjoining
the Little Pittsburg, Melted its locators
$500. 600: the Adelaide in carly times sold
for $50, 600, and the Gallagher for S225,-
900, and both are now held at $500, 600.
Messrs. Stevens & Leigbter purchased
the Iron Mine in the infancy of the dis
trict. and now il is claimed that over ST.
500. 900 worth Of ore is in sight. The Tri-
angle, a piece OF ground 80 feet at the base
and 100 feet in length, supposed to be
solid ore, scored an even Sl5,O0O. These
are facts, but a TuInor prevails to-day that
Chaffee has placed q consolidation OF the
Little Pittsburg, Winnemucca, and several
, contiguous claims, for an even 81, 900, 900 in
New York. The footwall, if such it may be
termed, pitches into the hill at an angle of
about fifteen degrees, and is limestone; the
aav vrbara tI,ara ia any ia either nIIarfZ or
porphyry, and sometimes a conglomeration
Of both. Very little blasting is done, es-
p~ecially in those claims near the base oil
the range, but further up towards the top
a little powder comes mighty handy. The
average Of the carbonate ores is about 40
per cent. in lead, and a trace OF gold.
Some, however, near the Adelaide
comes to my mind-carries eight or nine
ounces per ton OF gold. The veins carry
ore from two to twenty feet in width. No
hosting works or machinery Of any kind,
except Of the crudest pattern, has yet been
utilized. Two-horse teams are employed
hauling the ore to the reduction works in
the town, a distance, in the majority OF
cases, Of not more than twoa and a hall
miles; some are not more than half d mile,
while one or two are four or five miles
away. The smelling capacity OF the dis
trict consists Of the Adelaide. one furnace,
yielding IL tons Of bullion, valued at $3.50,
besides the lead it contains; the st. Louis,
two furnaces, turning out ~ tons per
day; the Grant, Malta and Eddy u james,
each producing II tons per day OF the
same value as that coming from the AIDE
laide. Three sampling works are purchas-
ing and shipping ore to st. Louis. The
Germania Company, Of Salt Lake, have
purchased the location, and in a few days
will break ground for an institution
OF not less than twenty furnaces. A
whose name / do net now recall,
made contracts to-day for q cotton furnace
works. The head waters Of the Arkansas
river pass down the valley, three miles
from the town, and from a point we'll up
towards its source 3 ditch has been com
menced to take water to Leadviile. The
usual lumber Of scratches" are recorded.
One is worth telling: Two prospectors,
named Long, had been for a long time
looking for a color, and when they at last
found a large body Of material that surely
evidenced ore, they were unable to get 1t
assayed. Old man Derry was not a mil
lionaire in fact he was one OF those jolly
chaps that lets the world look after itself,
but by dint of chin music" and a free
showing Of a little bag of specimens, he
negotiated a loan of an Y, and packing the
little sack to Fairpiay, forty miles distant,
he got its contents assayed. Bearing 1t
aloft, he returned and secured funds to
prosecute the work, and to-day the Derry
4 Long mine is considered cheap at half a
million. Everybody is rich, or thinks so;
for instance, McGraw, who owns the
Golden Queen, which he would not take a
cent less than 50, 600, 900 for. Smith is
proprietor Of the King Solomon, although he
has to borrow a postage stamp whenever
he wants to inform his patrons how rich
they are. Now the X. S. is cheaper than
bull beef at $50, 900; but not to be mean,
he will swap and lose the mere trifie If Mac
will set up its bulge. Mac and smith
irrigate. and two more big sales are chron-
ieled. I don't spin this to cast any reilec-
ton upon what / have written in a previ-
GUS part OF this letter. but only to show
the feeling that exists regarding big
amounts in your mind, and moro diminu-
tive ones in your pocket.
The town is larger than Eureka was two
years ago. 1t is well laid out upon a gentle
slope OF the Mosquito range. The princi-
pal street is called Chestnut, and itextends
directly up through the town. A good deal
Of trouble has grown out of the attempt OF
two or three land-grabbers to gobble the
entire town, through the agency of some
placer claims that, years ago, were worked
upon the present site Of this lively town.
The squatters are likely to succeed, how
ever, as they talk freely OF neck-tie parties.
in case they are forced to give up. One
man, whose snout too closely resembled a
hogs, was obliged to disgorge $4,000 to
save a hemped neck. His agent now at
tends to his business, and he finds New
York climate much more congenial.
Well, Mr.. SENTINEL, the pot boils, and
to quote an enthusiast, who just left me,
" It's a hell of a burg" He also said that
zone company employed COCO mules. haul
ing ore and bullion" but an energetic de-
murrer brought out We'll, damn it,
Whit, / know there is AGO."
Land speculation runs rife a bed is a
sweet remembrance of the past meals are
half a dollar Bourbon, twenty-five cents
per prescription, and then you are among
the angels a few inches Of snow and
plenty of wind.
The town contains no less than 5000
people lots of gamblers, and the limit is
$3.50, with fifty-cent checks. l have gone
back on the Black Hills. / have written so
many lies about hem that l began to be-
lieve them myself. They are slow, but
sure. More anon.
JNo. NJ. WHrrToN.