The weekly miner. [volume] (Butte, Mont.) 1878-1881, 1881-06-07
MINING NOTES.

The general surface of the COmstock lode
is about 5000 feet above sea level.
Lpadvillr's smelter product of silver and
lead for April is reported a. $74O,0OO.
Recent assays from Old Dominion Copper
Mines show forty two per cent. of copper.
The Hacla and Calumet paid in dividends
S19, 4jO, 900 and the ore averages only d per
cent.
Report has il that a pocket of nickel ore
has been struck in the Gem Mine, Custer
county,, Col.
FIT v one metals arr known to exist, of
winch 80 have been discovered during the
present century.
Over 10000 600 pounds of ingot copper are
consumed III this 90 llIry every year.. The
demand for this metal for electric lights
causes a large Increase III the consumption.
According to ii Nevada paper the value of
the principal mines on The Const"ck Nav l.,
taking the highrsI price of the stock on that
day, was $4,000. 100, against $.3,S7S,GOO
on May !, s s
We have in Bri' ish Columbia a number OF
scattered hedges of low glade ere thai could
be protitahly WORRIED if The machinery could
be purchased as rheaply as III the United
Stares.-Inidnd Sentinel.
Last year R"sita and Silver Cliff produced
a lrife over S., O0O.0 900 worth of ore. For
tie first three months of tbs year the product
amounts t" 81 ,907 956. Al this rate 'Ip cut
put for 1881 viii foot up 10 about $S,OOO.OOO.
The onyx mines Of Puebla, the only ones
in the world Of that mature, are becoming
richer and fiIier in qualify as the qnarrIes are
tleepcned. A gen leman in Chicago has a
commission to form IA stock COMPANY TO work
then Oh an extensive scale.
In Tombsr one, Anznila, there are. at pres
ent TOO men employed IN the mines If tina
place, lille the population is 5000. 1hr
number OF dead broke men who spar for coin
with which TO procure meals is large; and, as
an evidence THAT money is not TOO abundant.
faro games sell ten cent chips.
The Tombstone Epttaph gives a detailed &C
count of two most Important strikes i the
Empire mine on the 40 f,ot le,e A well
defined wall & feet wide has been cut, from
which the assay ave. ayes $z5.7S. This is The
| only mine on the Altoona belt Which his not
heretofore proven a pruulrer. 1t is IA l}o>'U ON
corporation. LII the NORTH" est workings Of
til" Goudeional mine. l"a ar The Ar'Z"na line.
IA four vein of ore has been Stuck, a.
saying as high as 800. This is new ground
aud a most Important slr'kr.
A subscriber asks for information Concern
ing the placer mines o New Mexico. While
rot called upon TO give our IA wee in regard
to placer mining al the present time i'll New
! Mexico, we would suggest II al there are 9TH
er classes OF mining III that Territory wlIIrh
would afford bel'er returns until the lteces-
>arv means Of conveying water to the placer
regions have been secured. Santa Fr,we
judge, would be the objective pnint from
which to start into the placer Itgrot.s. We
| w"ud he pleased to receive i]nt"rniatrnl ON
this subject from our CORES ,r1tt,ItIts alnl The
| papers of New - Mining ReripW.
An eastern writer produces estimates of be
precious metal Production i'll the United
Safes, covering a pcrlon Of thirv Yeas. He
places the capital invested at 5000, 900, coo:
lab + value. $47O, 100000; property of miners.
$4,000 900; r"ral, $l.2z0. 700 900; prodIct
since 1850, $1,000, NOo. 900; value e mines.
$500, OON. 0OO; NallA Of mills, etc S:}O0.Op0
OOS;-- s.. 7GU.OOO 900; profit, 81, $50. 500 900;
average annual profit for 80 ye rrs, So. $751;
600; one-'hird paid for 'lea' ing ore, irlr>pnr
ta'i"n. etr ST ,555, 3333; net annual ave.
S35,Oll ,GG7, IA profit eff about ore hundred aud
IftN per cent.