The Elk Mountain pilot., 1882-04-27
JOHNNY Bull on RUBY MINES.
II. S l.. Sherard, NJ. E., of Lon.

SherarG has not only had thirteen
years OF experience among the mines
of the Pacific slope, but has had ex-
perience in mines in all parts Of the
world. As he had had day or two
to look at some Of the mines in this
camp, we concluded to round him
up, and put the usual amount of in
terogations to him that man is sup
posed to bear, and last evening we
caught up with him at Mr.. O. G..
Schultz Office, talking with that gen.
tleman on some scientific problem
perhaps Jacobs mud volcano.
Reporter-Mr. Sherard what do
you think of our camp?
Mr.. Sherard-I think you have got
some very rich mines here. Of
course as yet there has been very little
work done, and one can see the lack
of capital, and what work has
been done shows that you have not
got many mining men here.
Reporter-Don't you think these
veins here are Listing and permanent,
or in other words true fssures?
Mr.. S Most assuredly and will
improve in depth. l am quite famil-
lar with ruby ores, having operated
round Austin, Nevada, and from what
l can see your mines here are very
similar to those about that camp
Reporter-Well, did not the mines
at Austin become exhausted to Ger
tain extent.
Mr.. S.--Not much. They are pay
ing to-day better than they ever did,
as they have steady output which
yields a handsome income to the
owners. One thing the mines have
gradually fallen into the hands of one
or two companies, who have their
own mills, which | think will eventu-
ally be the case here to a certain ex-
tent.
Reporter-What do you think Of
this stamp mill erected here, will it be
a success?
Mr.. Sit can't help but be. 1t is
the kind of mill to treat these ores,
and if wood does not cost over S, per
cord, | could take that mill and treat
your ore at $40 per ton, give the
miner S. per cent. of the assay value,
and then make good thing OUT of it.
In order to make a success Of a mill
of that kind the company should own
their own mines, so that they would
not have to depend on custom orc
1t is hard thing to run a custom mill
in a camp like this, and it takes very
popular man to suit all classes Of peo-
pie that he has to contend with.
Reporter-Do you know Prof.
Jacobs, Of mud volcano tame, who put
up the mill?
Mr.. S.-Professor h. What is
he professor of? | should say that l
did know him. He put up two mills
in Nevada and made regular botches
of them. On Reese river, Nevada,
he managed to get town named after
him and then squandered about $780,
coo for the concern he was working
for.
Reporter-fow are English capi-
ta,ists disposed towards our mines?
Mr.. S.-Very favorable. You see
about two years ago India had quite
boom and English capital was largely
invested and nearly all were "sinch-
ed, =" as the mines in that country did
not turn out to be much. know Of
one firm IN London tina. sunk EIo,-
ooo, 900 on worthless property, and
our firm were taken in for about
L3oo, 900, which was only triAe,
while two other firms went under al
together Our people all like Color
ado, and believe you have rich mines
here, but they say that the yankees
always "bilked them so, that they
have to be cautious. Your mines are
all right, but there are so many Wild
cat schemes in the country that un-
less they are cautious they get left,
however, mining is gradually getting
down to legi innate basis, since the
excitement of the palmy days of Lead
Vile.