Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-01-15
THE RICHMOND NINE.
The Secretary's Interesting Report
Before the Semi-Y Yearly NeciihE
off stock holders.

Before n SEMI early Nec'i"S
of Stoekh0Iiers.
A few days ago We printed a paragraph
of the report Of the Secretary before the
London shareholders of the
Company, in regard to the furnaces De-
longing to them, located here IN Eureka
In the same paper the Secretary speaks OF
the mine and other things, which are quite
interesting. Following is a portion OF what
he said
We have expended a large sum OF money
in what are technically called dead
WORKS" but which are better defined as BE-
ing necessary works for the Development
and opening up of the mine. As we tahe
out ore for the purpose of smelling, IL Is
our duty to prospect in order to PROVIDE
ore for future wants and necessities.
In the six months to which we are allud-
ing we have run about one mile thihk II
is, Of drifts and wines: the actual length
is 5,2l6 feet, just a fraction under a mile
| and although We have not yet, at the pres
emit time. cut the ore which we hope to at
no distant date. in the 500 or 900 levels,
vet these works Of exploration have been
extremely satisfactory. We have cut ore
in the TOO level, and have run on II at pres
ent, l think, about "a feet, at which point
the ore at that particular place shows a
width of s feet. l do not know whether
the shareholders generally are aware OF II,
but as a matter Of fact | may state that
hitherto no ore has been taken out OF the
mine below the 600. Our explorations are
down TO a greater depth than that for in-
stance, our main shaft is down LOCO feet.
| W, D., ,a ,,n,1py drifts m the ZOO font level
| 500 foot level. and also the 900-foot levels.
Our ore, as most Of you know, has been
making in a s~lanting direction from the
200 down to the 600, being a continuous
body of between 500 and 600 feet. In fact,
| they are enormous chambers, as you can
well imagine, where we keep removing
something like 1000 tons of ore every
week, and yet week by week, as we remove
it, we are told, and we have not the slight
| est reason to doubt the statement, that the
ore bodies are still looking well-in fact, in
many cases, after We have removed large
quantities, the ore bodies look better than
| they did before. Cheers.
You will have seen by Richards reports,
| which are published weekly in the Mining
Journal, that he speaks hopefully of ex-
plorations at the lower levels.
IMPROVEMENTS.
Among other things we have added a new
machine shop, which we have fitted up with
lathes and boring apparatus, so as to make
our own shafts and pulleys and axles, and
things of this sort. Many of these hereto
fore have come from San Francisco,
Then, again, We have added a foundry,
which we find a very great advantage. We
had to send for some Of our castings to
San Francisco, and others We got at Eu-
reka. Now We hope to make all these
| things for ourselves. Mr.. Probert says it
will have the further advantage of using
up a large quantity of old iron, which has
been a~ccumulating there for years, and or
which as much as five cents per pound for
carriage has been paid. We now believe
that we shall be able to use all that up, and
get our castings much quicker. You will
readily understand the improved position,
and the larger profit which we are making
is, to a great extent, increased by the i'm
provements, which nave been made from
time to time by Mr.. Probert, in all our
works. | cannot go through them now,
and l am sure you would not wish me to !:
but his mind is generally employed in see
ing what he can do to effect economies and
make the profits larger. There are a num-
Der of things which he is constantly carry
ing out all Of which have the same object,
and that is the reduction of working ex-
penses and increasing the profits of the
shareholders, and l think that the state in
which this company is now reflects the
greatest credit upon the management out
there, and l hope, gentlemen, before you
depart you will give expression to that
opinion and record it. Cheers.
IN SYMPATHY.
You will have seen with very great re-
greet that the unfortunate town Of Eureka
was again destroyed by fire in August last.
1t is most unfortunate. 1t was the same
half of the town which was burned down
in the previous year, and it is most dis
tressing. l suppose it is a thing which is
unavoidable in American towns, where a
great many houses are built of wood, and
when a fire breaks out it is always disas-
trous. Fortunately, for us, our works es-
capped again, and that is another cause for
congratulation to the company. But whilst
congratulating ourselves you will not with
hold Your sympathy from the inhabitants
OF Eureka in the great calamity which has
fallen upon them. Cheers.