, 1879-08-08
COLOKAO SILVER.
Estimate OF tho l'rotturt for 1s70-'ao.

Estimate OF tho l'rodurt for 187O-'go. :
J*nrtr fcas.j Times.
There havo hoen 80 many conjccturos md
guesscs as to The propablo yiold of silver from
Colorado during tho current year that Il reporter
OF tic Times bus becp especially detailed 10 look
up this important question, tasil TINT has tukc,
several wceks In tts accomplishment, as the yield
OF The principal mining gcamp n the Htato has been
carefully estimated tsom tho most reliable iata
atsainnbIe. Several weeks ago tue New York
Butiioa quoted approylng'y thu statement Of
California paper 10 tho effect tlsAt tl,e ores Of
LcaIylllu wero mainly Of low grade. carrying
not moro than Is sr tent OF lead. 1t fell to tie
province Of tue writrr IL nvcstigute Tho 1nntter,
aud visit WIS made to tho sa1npling works OF
Mcssrs. Eddy & James, In Lcadyiie. Footing
up page of the ORE tIook-the llrst puge 1T
which tllc buok was openetl-it was found tint
the several loss entered tae5enn aage aa
ii pcr cent Ut lend. 0ttrr pages were
fuotGl up with Ike result, tho ascraGe not yury-
lg more than IN ouncaor Lwo III either !recttol.
This gave busts for thu calculation u tile yaauc
nearly two mouths aau-the .datlY product Of
tllu GIMP Was ahuut 33u toua Of orc Tlls was
about equally divided bctworn ths several
sM.eiters and samulis.-works of ihe CITY, 50 that
representative q tho average value VI MI
lhs ores sold. This production was considered
by tho most careful cxperts Of Tic camp
~ about one.third Of the actual working capac-
ity Ut the nlues ulen actualy DEVELOPED, the
production Of ilany Of (which Inns been prevent
Cd by many causcs--lltlgatiou being thu Chief.
It ftilpHR, therefore, tut The production Of tho
Leauyillu tnines ut lllat time wa4 In tho nrlEh.
borlluol of Il, VD ounces datly,-actualtyl lai.ed
Auu reduced to bAse bullion. Tlls would Givo
total ot 1a,tNU, ,UN OUNCES for thu ycar of 3O0
working days. Guiding July |. lRSU, worth,
at thu pteseut ratu Of silver. Sl3, 5GU, ,0DU.
1t mist, however, te ;FencMtoruu that this
IL hut une.thiru OF tho prescnt actual working
capacity OF tho mines, gini In arriving ut con-
cllstou tile probable aumber Of developed mines
now lying Ele. lhat will bc working bcforu the
ctot1 Ut tho tlsca yenr glIst lo taken into con-
siucration. IL IL q luw eettunte tu set down the
pr0buble increase In production Grun, this sourea
it. 70 per cetit. Leaving out the ncw mines that
Will probably bc producing before tho year rolls
around, at,ti VIC have total ot H. 400 050 ounces
ol silver, having casl value 0t $lD,.7.,0 ,0u0.
Taking four years Us u pasis, w may eattmate
| tho yield 1T tilu State, outside OF Leauytllu,
as, IN round numbers, $S,O000u. This matses
thu total production Of Lie State about S3l.uOU.
| 0oJ, uf which over two-thtrda will be produced
| III l.cudylIle. Tbs I,M<s buleyes thls 10 ba
under talhcr tl4n oyer the nlayk, nnl, whtlo 1t
! beltuyes tho estimate Vt = Nuw York corrG-
fspondynt-$l l00, ,0OU uoU-or even tho estln,ats VI
some OF tlu papcrs of The stutc-$5o, ,U0. .0tl--
| to ba axtrayaaant, II has III hesltatton III an-
npunrinH IL upni0n that at Tho close 0i Tho cur.
rent llseal yeur II will 10 found 1ilAt liz bnllou
product Ut tbs yrAr will " ncaIer 4su.0U, ,010
| thsn ST., ,00Q, ,000, al increase thRt nay be re.
| Gpr1ed With paEuuuablu pile.