Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1886-10-23
EUREKA


from Many Of the Mines During
the Pas Week Several Of the
Properties Dividend Payers.
Notwithstanding the cry Of dull times
is heard from many of our business men,
the mines of Eureka District continue
their output of ore in good shape. The
number of producing properties form a
a favorable comparison with any district
on the Coast, if the quantity produced
does not. This latter feature ia due in no
small degree to the few men that are EN-.
ployed in mining here, not one of the
properties aside from the Richmond, Eu-
reka Con. and Dunder berg, employing
over q dozen miners, and in most cases
but two or three each. No reliable In.
formation can be obtained OF the produc-
tions OF the two first named mines, but
judging from the trains Of ore oftentimes
seen coming down from them they are by
no means exhausted to the water levels,
below which little prospecting work has
aver been done. The Eureka Con. Com
pany has OF late months lone considerable
| work of a practical character, Of which
more will be said hereafter. Among the
improvements added to their smelling
plant trecently is q new refinery, and yes.
terday the company made its first
shipment Of refined bullion three
bars valued at $5,095 Az through
Wells, Fargo & Co.'s express. AL
week ago the four owners of the Silver
Conner mine on Prospect Mountain de-
clared a dividend of $3.50 each, and q
shipment Of GO tons OF ore was sent down
from the property on Thursday last to the
Richmond reduction works. This, to-
gether with what ore is on the dump, is
sufficient to warrant another like division
Of net profits next month. The ore works
from $50 to 500 a ton, most of which is
gold. The Jackson mine, the stock of
which is listed on the San Francisco |
Board, has on its dump over so tons of
rich ore that assays higher in gold than
silver ready for shipment. This company
declared on Wednesday last a dividend OF
10 cents a share on its capital stock, and
judging from information at hand another
like disbursement will be made before
many weeks. From superintendent Pow
ell the SENTINEL learned yesterday that a
new body of ore was, the other day, dis
covered on the the third level of the mine
by miners working for days pay. About
all the ore produced from the property
during the past year has been by tributers.
1t was only a few weeks ago that the man
agement decided to prospect new ground
at their wi expense and risk, and it must
be encouraging to have their efforts and
judgment rewarded in so short a time.
About a dozen miners in all are employed
In the property,
During the past week the Dunderberg
Company shlppedfrom their mines on Pros
pect Mountain to the Eureka Con. reduction
works 80 tons Of ore. From the Macon
City on Adams Hill / ton was sent down;
from the Bullock on Mccoy Hill, 2 tons;
the Summit Oh Prospect Mountain, 11k;I
Eureka Tunnel, same section, An; Lord
Byron, s; Geddes and Bertrand, Secret
Canyon. 8; North Star, on the range i'm
mediately west Of Prospect Mountain, g..
During the same period shipments were
made to the Richmond reduction works
from mines on Adams Hill as follows:
Silver Lick, (rich ore,) % tons; Members,
0; Oriental and Belmont, At; Bullwhacker,
IS. From the Hamburg mine on Pros
pect Mountain a shipment OF SO tons was
made, and from the Geddes and Bertrand,
Secret Canyon. 4S. From the White Pine
mine near Hamilton Al tons we're shipped
to the Richmond works. and from the
Featherstone property in Robinson Canyon
IL tons to the Eureka Con. works.
Everything considered, the above is a
good showing for the mines Of this dis
trict. Several tributers are said to be
holding back their ore in anticipation Of
better prices for silver and lead, neither of
which metals are selling for what they
should. With silver at even 81 20 and
lead at s cents a prosperous era would
soon follow, for there would be more active
operations inaugurated.