Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1885-07-25
PIOCHE.

GnIeI cause Ot tine NbHn y htcBfeS-
siOn-MtIIi0ns of Dollars worth of
Machinery Lying UDused-A Most
Favorable Opportunity for Prac-
steal Men of Means OF q Syndi-
cate.
PIocHE, New, July %, 1885.
EDITOR SENTINEL: The town OF Phoebe,
which in 1870 and for several years after
wards gloried in the palmiest days ever en-
joyed in Eastern Nevada, is to-day in q
state Of %quietus. Very many of her old
timers still remain, and confidently expect
that good times will come again before
many months. They know that great
wealth still lies untouched in the district,
and all that requires a general resumption
Of work in the mines and mills is the
handling of the same by able, competent
and practical men Of means. Roguery and
incompetency in the management of the
principal properties here during the
"early days had much to do with the
present state Of affairs. Large and expen-
sive hosting works still remain intact,
carloads Of unused castings, which cost
500 q thousand pounds for the freighting
of the same in from Tosno; thousands of
feet of lum Der which cost from $50 to 5000
q Thousand, aud machinery that cost
81 ,000, 900 or more, can be seen on mining
properties that have been but little if ever
used. All this and much foolish and i'm
practicable work, which devoured hun
dreds of thousands of dollars to perform,
are to be seen in the district to-day as the
-1nxIka ~ n0anr anL .H~1sJan% n~I
profigste arrangements. On the Meadow
Valley mine there are three hosting works
over what are termed Nos. 8, 5 and 2
shafts. ALI of them are equipped with ma
chinery that must have cost originally
$500, 900. The building over No. 5 is q
large structure. and the machinery and
four 16-foot boilers in ii have never been
used. Up until the Fall of 1877, when the
| company suspended active operations, the
mine produced some Sc, 700, 900, and since
| that time tributers and chloriders have ex-
| tracted many thousands more from the
upper levels. Work has been prosecuted
in the property to q depth of l.240 feet,
and below the 1200-foot level three winz es
| are sunk-one 80, another 40 and the other
60 feet in length-all in ore sssaying from
$25 to $3.50 per ton. There are IS levels in
the mine, each being about 80 feet apart.
A tru assure vein, 800 feet in length,
extends through the property. 1t is from
six to eight feet wide, and its formation,
being quartz and porphry, is free milling.
From the surface down to the lowest depth
Of the mine the vein has been worked out.
Through q deferred and unsettled business
transaction the entire property fell into
the possession OF Messrs. Griffin and
E~iseman-the former Of Eureka, the latter
~ DfaA6a Iaat natnhnr Roth 0anftn~nan
are willing to make q most favorable prop
osition to any men Of means, or any syndi-
cate, who will prosecute work in the prop
erty.
The Raymond & Ely mine sdjoins the
Meadow Valley on the west. On the sur
face OF this property are also several large
hosting works. In the main structure ia
a $4,000 air-compressor, pumping and
hosting engines. and other costly ma
chinery; also, adjoining il are boiler, car
penter, pattern and blacksmith shops and
q foundry. all we'll equipped. and all Of
which cost originally nearly 81 500, 900.
The mine has been worked to about the
same depth as the Meadow Valley, and the
formation was substantially the same
until the 1200-foot level was reached, when
a black ledge was struck, which, though
rebellious-containing sulphur and zinc
is very rich. Up to May, 1880, when the
company ceased operations, which was
owing to the property becoming involved
through reckless and bad management. it
produced Sill ,000. 900 and paid out in divi-
dends over 81. SOC, 900. Within three
mouths afterward, IL. together with two
mills. one OF 20 stamps and the other OF 80
stamps, and q White & Howell rooster,
with a daily working capacity of rs tons
1 oil tho Iaftar "a nnlIinuyilla IN p.ilao die
tant-also water privileges, q railroad lead
ing from the mine to the mills, etc.. fell
into the hands OF Lazard Freres, bankers
of Paris, New York and San Francisco. !
am informed hat the entire property Is
| offered for sale at $40, 000-an amount
which would not cover that paid out for
freight on the machinery about the works.
While these are the two largest com
panies that operated in Phoebe during it's
palmy days, yet forty similar stories could
be told OF just such extravagances, mis-
arrangements and rogueries that took place
here before the eyes of stockholders were
opened and the depressed state OF affairs
commenced. Old residents are not alto
gether discouraged. They feel assured
that If the mines had been properly man
aged the yield of it's two prominent prop.
critics would have been more than doubled.
AS a result, though, the camp got a black
eye, from which it has has not to this day
recovered. What is now needed to restore
good times is q strong company or syndi-
cate that will take hold OF both the prop
critics newfoundland the two contain
upwards Of 100 acres of surface ground
bring order out Of q degree Of chaos and
cause bullion to be shipped as freely IS in
the early days.
Quite q number OF chloriders are at
work In the upper levels OF the mines OF
the district. Many OF them leach their
own ore screenings by q very simple
method, and some of them, I am told. are
making fair wages. Dull times have by
no means smothered the temperaments Of
some Of the Piochers, but I feel assured
that with good times Q spirit Of unity
would soon exist. More Anon. NJ.
Another Novelty.
Saturday evening. July as, o neck-tie