Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1885-08-16

Some Interesting Estimates Based
ON Official Figures.

Some Interesting Estimates Based
ON Official Figures.
The SENTINEL published a few days age
the quarterly assessment roll of the pro-
ceeds Of the mines Of Eureka county for
the quarter ending june 80. 1885. These
figures being official are Of course correct,
because all ore produced and worked must
be returned to the Assessor whether liable
to q tax or not. The table covers not only
our immediate district but all of the mines
in Eureka county. When we come to sift
and analyze these figures we reach deduc-
tions that would not be realized at a mere
glance. Some of the conclusions also
have an important bearing on the future
of the town of Eureka. The figures can
at least be presented in a way to show
precisely where we stand and how exceed
ingly important it is that deep mining
should be undertaken on Ruby Hill.
The Assessors statement shows q gross
yield, for the entire county for the three
months preceding June 80, of 10,338 tons.
OF this gross amount Barker, Spencer &
Co., Of Mineral Hill, returned 2,040 tons,
Mr.. Wenban's Garrison mine, CorteZ Dis
trict, 470 tons, and the Onandaga mine,
Stafford District, 65 tons. Total for out
side lamps, but within this county. 2,575
tons. This taken from the 1888 tons
leaves 1927 tons produced in Eureka Dis
trict within q few miles of our town. The
Richmond mine yielded 3,772 tons and the
Eureka Con. 1880 tons, or q total for these
two leading mines of $3.50 tons. Adding
together the 2,575 o produced by the
--AI1 lssaka -, khA nnHthnen and
OF the county and the $3.50 tons
we have 1927 tons, which substracted
from the gross yield OF 10, 1888 tons for the
whole county leaves US but 2,413 tons, to
be passed to the credit of all other mines
located in Eureka District proper.
TO REoAPITULATE.
Gross yield Of the county ..10,33s
and Eureka Con ............ 1882
Mineral Hill, Oortez and Stafford. ........ 2,576
Outside mines. Eureka District. ........ 2,413
This, let it be remembered, is the yield
for three months. The point we are try
ing to demonstrate is the overshadowing
importance to our own Of the proposed
new Joint shaft on Ruby Hill. No one
will dispute that there must be an end to
all production above the water level in our
tWO lcdulnh u1lucbs Luz CAu uay NV OC
very near, and we hope it 10 not, but it
must come ultimately. What then 2 The
operations in the districts north OF Us.
while important perhaps to the revenues
of the county, are not in such close prox-
unity as to be wholly tributary TO the town
of Eureka in a business sense. Then let
US suppose that the upper levels of the
Ruby Hill mines had been exhausted three
n,nntho mn aa thew ora 0pro 10 ho of anmQ
date in the future. This would have re-
duced us to the production and treat
ment OF 2,413 tons from the outside mines
Of Eureka District, ar amount OF ore
sufficient to run q 50-ton per day furnace
just 48 days in three months, or 16 days
per month. That would hardly suffice to
support a large population. Certainly
these small mines are of the very highest
importance to the camp, but as a rule,
they ere in the hands of poor men who
cannot fully develop them until capital
comes to their aid. And in this connection
it deserves TO be said that there is no other
mineral section on the habitsble globe
where capital may be 80 safely and proita-
bly, invested as right here ON the great
mineral belt embraced within Eureka Dis
trict. But we are discussing in this article
the situation as it presents to-day. We
nave no doubt that when the depression
hanging over all parts Of the county, in
Guiding the violent opposition to silver,
shall have passed away, that large amounts
Of capital will seek investment here and
our section again become as prosper
GUS as il has ever been in its history.
Perhaps few Of us have the patience or the
coin TO wait for the good time coming. In
this land of Dush and energy we all want
| quick returns. The best and quickest
thing that can happen to Eureka would be
| the sinking of the new deep shaft. That
| would lift our town out OF the dumps at
once. 1t cannot come any too quick for
| those of US who are anchored to the Base
| Range by interest and other ties.