Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1880-03-07
PROFESSOR RAYMOND.
what He Says of she Mining Out.
look of the Pacific Coast.

AVV6 ~
Professor Rossiter W. Raymond, Of the
New York Engineering and Mining Journ-
ALL" recently made a trip across the con-
tinent to Arizona, tarrying . few days en-
route in Colorado and Utah.
The result Of his observations is given in
a correspondence to his paper. We make
the following extracts:
A stay Of several days in and about Salt
Lake enabled me to gain some general no.
ton of the prospects of the mining indus
try Of Utah for the coming year. They are
undoubtedly improving. The activity in
some Of the southern districts Is echoed,
albeit rather feebly, from Bingham and the
C~ottonwoods, where the advance in the
price Of lead will cause many q small enter
prise to take courage aud go ahead. But
the lead product Of the year Will not be
large. Nearly all the smelling furnaces on
the Jordan are idle. / saw, perhaps, three
in operation. The Germania works have
but one furnace running on ore-the sup
| ply being too small for more at present.
But the refinery is making money at great
rate, having an excellent market in San
Francisco for a large part OF the refined
lead. The Germania lead commands a
high price for corroding-a purpose for
which no other lead refined in the Westcan
be applied with equal success.
The Old Telegraph mine (Societe de Bing-
ham, appears to be on its last legs. What
everybody knew at the time Of the sale to
| the French company, ever, body will now
say they knew-that is all. The whole
| thing was outrageous and unfortunate. and
| has seriously injured the reputation Of Utah
| mines. But further comment may be
spared until the final summing up, when
lie may be worth while to try to make the
matter a warming to the next lot Of fancy
experts and foolish buyers.
In California all business is still depressed.
The wave of returning prosperity has not
vet reached this coast. But, in my judg-
ment, there is in the present sad condition
of affairs there some element of deserved
punishment for the shameful surrender OF
politicians to the reckless and ignorant
party of which Kearney is a shining light.
The new Constitution, and the precious lot
OF legislators now sitting at Sacramento,
and raving against all the representatives
of industry and intelligence in their State,
from the Cinnamon to the ''lecherous"
bondholders-these ale the fruits Of the
folly of men who might have conducted
affairs into a different channel, had they
subordinated their party ambitions to the
good Of the commonwealth. Now the road
Of remedy will be long.
The exceeding fairness Of the Comstock
share is another feature Of the somber pic
ture presented just 10Y by San Francisco.
The swell spectators, who used to patron
ike the hotels, are seen no more. They are
in New York, running a ''boom" in mining
stocks there; or they are '.broke" and gone
utterly. Several Of the well known San
Francisco hotels are about closing. The
buildings will be turned into business
offices.
As for the Comstock mines, it is hard to
feel very hopeful as to their future. The
Sutro Tunnel, which might have saved
them millions, now comes almost too late
for their rescue. But one must admire the
magnificent pluck with which money is
still expended hundreds of thousands
every month-to explore the depths Of
these famous mines; one cannot but hope
Senator Jones is right when he p~rophesies
that the Comstock mines, which have
been going through a barren zone, are
about to enter a fruitful zone" The bar
rem zone is a Trustworthy fact; l shall re-
joice if the other proves as well founded
and extensive.