Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1880-07-22

A Coco Word from an Eastern
Journal ON Dur Resources.

The New York Daily Mining News of
July the 14th, comments favorably on the
prospects of some Eastern Nevada districts
as follows
The readers Of the Daily Mining News
| will remember that we have frequently
| called attention to the outside districts of
| Nevada. We have expressed a belief that
some Of them would come into great prom
inence during the present season, and show
| such developments as would command
| Eastern capital, which thus far has gone
very sparingly into that section. As every
one knows the Comstock has absorbed all
| the attention and money that could be at
| tracted to Nevada. Besides this, with the
| exception of Eureka, Eastern people know
| comparatively little of the mineral re-
sources of Nevada, still we are inclined to
believe that the illustrious record of the
| Silver State will have added to it many
brilliant chapters even beyond the contri-
buttons Of the Comstock.
The Eureka District is doing s~plendidly.
Her two great mines, the Richmond and
the Eureka Consolidated are scoring regu-
lar dividends, and promising better for the
future than they have done in the past. A
number OF other mines in this district not
so we'll known are producing ore, and bid
fair to develop into great mines. From
the Osceola District we are getting good
accounts. Senator Spencer has interested
a number of New York capitalists in the
district, and they are working patiently
with every confidence of success. In the
White Pine District o number of old
mines, the Ward Beecher among others,
nave resumed work. The Columbus Dis
trict is attracting great attention in San
Francisco, and a number of persons with
whom we ave conversed on this subject,
express the belief that this district will
show up very largely the present season.
We print to-day an account Of the mines
near Grantsville, Nye county, Nevada.
The leading mine is the Alexander, which
is to-day one of the greatest mines on the
Pacific slope. We hear extraordinary but
well authenticated reports OF the ore body
exposed in this mine. 1t is said the own
ers have refused 50, 900, 900 in cash for the
property. Lucky Baldwin visited the
mine recently, and he is enthusiastic over
it. He asked the owners if they would
sell. They replied that they had never had
a decent offer, and intimated that they
would not look at 81, 900, 900. At Galena,
Nevada. there are two New York compan-
les at work, the Montrose and the Trinity.
thSoS " hAAhAhS tOAhRnbiSo obNNA
first-class management. The New York
mining public will hear more of them this
fall and winter at which time we expect to
see the stock popular in this market. In
Lander county there are some very fine
mines, which have recently been visited by
Eastern capitalists with q view to intro
duce them in this market. The Star and
Grove Mine, of the Lewis District, is said
to be one of the best mines in the country,
with two mills running, making regular
bullion shipments, and with immense ore
reserves developed. If this mine should
be brought to New York it will take its
place among the most reputable and profit
able mining enterprises known in the East.
This is only a cursory glance over the
field. In a single article like this we can
not expect to do justice to it, but we hope
at least to do something towards attracting
the attention of Eastern people to the out
side districts Of Nevada, than which there
is no more promising field for the invest
ment of money.