Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1885-01-24
GOOD EVIDENCE.

try Of mining for the precious metals
in this country, that its true value and
importance to the future establishment
and development Of every other indus
try has received but little careful con-
sideralion. A general opinion appears
to prevail, especially among those who
are in reality most interested in know
ing the facts, that the business OF MN
ing is one of the greatest uncertainty
based upon no substantial foundation
and, in fact, unworthy Of the attention
of men who desire safe and permanent
investment. Figures, are OF course,
the most satisfactory argument when
can be used to prove the real condition
of any proposition; and the fact that
there are hundreds of mines in different
parts OF the country. which have from
the beginning made return upon the
investment equalled by no other line OF
business, is a proof that, if there are
cases where others have not been SO for
tunate, the cause must be sought, not so
much in the direction of the property
and its resources, as in the direction OF
the management; hence it may be safe
ly predicted that, when this business
receives that attention which its i'm
portance demands, and is adjusted to
business.like principles, and conducted
with view to steady and regular per-
manency which it demands, unfavorable
reports and unsatisfactory returns will
be the exception instead of the rule.
This being true, it is evident that the
question is worthy Of a careful investi-
CATION.
During the past year the Horn Silver
Mining Company of Utah paid in divi-
dends 10 its stock holders not less than
81, 200, 900, and the actual value of the
products placed upon the market was
$2,333,85I.68 and this, too, in the face
of deprecated market. The Ontario,
another mine in the same Territory,
produced, during the year, bullion
amounting to 81 ,695,7I6.93. and the
product of the work of 1000 men in
the Territory is given at S., 500, 900.
The Plymouth Consolidated Mining
Company of California has paid in con-
secutive, regular monthly dividends the
sum Of 81, 100000 to its stock holders,
and its total output of gold for eleven
msnths Of 1884 was valued at S945, 828.
81.
The mineral product of Colorado
during the past year reached, at the
low price at which mineral is sold, es.
pecially lead and silver, about S22, 900.
600. The Freeland Mine, in Creek
county, Colorado, had an output in IS.
81 valued at s534,ooo.
The product Of Gilpin county, COL,
in 1884, shows satisfactory increase
over that Of the previous year, and
amounted to $3,656,9oI.
The product Of the mines of New
Mexico during the past year will be
over S., 900, 900.
The Wood River region of Idaho,
comes to the front with yield of over
$4,000, 900.
The aggregate product Of the Summit
Valley Districts, of which Butte, Mon
tana, is the centre, is credited with a
value during the last year, of $4,000
900, and the product of the Territory
is estimated at $40 100000.
These few isolated facts, which oc-
cur at a moments notice, are but few
of the many points which might be Civ
en- to show the magnitude and import.
ahSC vi inns luuuotiJ aS PiouuSCi VI
tangible and indistructible wealth.
Mining Re0ie7g.
How it is that there are any who
want the coinage of silver stopped, is a
mystery, except that it be in the inter
est Of paper money men and specala-
tors. Last year the Comstock mines Of
this State produced s2,432,SS4. They
are not quite played out. During the
same year the Richmond and Eureka
mines turned out $I,33o,4aI.
The State may be rotten little bor-
ough, but these figures show that she con-
tributes more than her share to the sup
port Of the government, and has a
perfect right to two Senators. Suspend
the wealth produced by Nevada and