The Daily Tombstone., 1886-09-06

to sustain operations with q perman- ently lower price for the metal.
 Soon after resuming operations in October, 1884, we reached ore bodies in the West Side mine, of sufficient size and richness to run the Corbin Mill at Charleston, at a profit, for q period of six months, after which the quantity and quality of the ore grad ually fell off until milling at Charles ton involved the Company in loss, and the Amalgamating Mill there was, in consequence, shut down.
 The alternative was presented of abandoning the mines at Tombstone, or making arrangements for milling close to them, whereby the cost of hauling the ore ten miles, with its at tendant loss, could be saved.
 In working the aforementioned West Side ore bodies, we had reached the side line between us and property belonging to the successors of the Girard Mining Company, and we had already reached the end line between the Toughnut and the Girard Mines. The United Sulphuret Mine lay just beyond, and in the direct line of our West Side workings, from the third and fourth levels.
 On the Girard mine was an almost new, thoroughly equipped, 20-stamp mill, costing $85,000, which could be readily connected by steam wire-rope tramways, with the West Side, Tough nut, Goodenough, Combination and the Northwest Mines, in addition to the Girard Hoisting Works, with which it was already so connected. Its availability for our purposes ir- duced us to open negotiations for it's purchase, and all the Girard Mining and Milling Property, with the Sul- phuret Pumping Plant, came into the possession Of this Company in Aug ust, 1885, at a prlce far below it's orig inal cost, since which time the whole amount of the purchase-money has been paid. At the same time 10000 s.ares, being three-fiths of the whole capital stock of the United Sulphulet Mining Company, were purchased, and are now owned by this Company. The contemplated tramway c3nncc- tons with the surrounding mines were completed, and the Girard Mill started NoYemb r l, lS6J, since which date il las been steadily running to its full capacity, treating, up to the lst inst, l8,000 tons Of ore of an aver age battery assay of 22.3 oz. per ton.
 Tbe Concentrating Mill and Furn- ace at Charleston continued to yield a profit until the bedded tailings which could be economically con- centrated were exhausted. The mill was then removed to Tombstone, at- tachcd to the Girard Mill, and started June l, 1886.
 About 20,000 tons of the poorest tailings, largely shines still remain at Charleston but they are so low in lead and silver that they cannot now be profitably worked by any known pro- cess,
 The accumulation of Concentrates having been exhausted, the furnace "blew out" the 9th ult having made an interrupted run of eleven months Everything is in readiness to "bloW ill" again and we shall prabably start the furnace about November 1st next working up the accumulation of con- centrates at the Gira1d Mill, witt Lucky-Cuss ores as a fux, and sucH lead ores as We can purchase to ad- vantage.
 The falling off in tha quantity anC quality of our ore in the beginning oI the year 1884 was met by reduction in wages and in the expense of tht superintendence of the Company business and a moderate profit was re alized in the next fiscal year. A fur ther fall in the grade of ore a year agt was met by the transfer Of our milling
 operations to the immediate vicinit, of the mines and a small profit stil secured, although the price of silve fell within the fiscal year nearly |
 per cent. The additional fall of ' pc