The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1920-06-26
OLD NEWS FROM
FILES OF SENTINEL
As Told In Our Issues Corresponding
To the Present Week I'm June and
From 10 to 48 Years Ago
1872

4
Weather disagreeably cool, with
J many showers.
The X. X. company, with claims on
Ruby Hill, was incorporated in San
Francisco for 100000.
The whim at the Jackson mine was
provided with double buckets for
hoisting from the 100 foot level.
/ A. e. Davis took a contract to fur
nish the Eureka Con. Mining Co. with
three millions of bushels OF charcoal
at 32 cents per bushel. The contract
covered the estimated requirements
of the furnaces for one year.
The Silver West. Bullwhacker, and
Silver Lick mines, were taking out
rich ore from their first levels. an av-
erage depth OF SO feet. The Silver
Lick ores we're said to be chlorides
averaging 500 per ton.
1880
LOGAN shaft had reached a depth Of
95 feet.
Richmond shares were $S5 on the
London market.
The FL Dorado claim had Al tons
of ore ready to ship running from
$31S to $946 per ton.
Dunderberg mine making daily
shipments of 80 tons of ore to Rich
mond works, averaging 500 per ton.
Mike Lyons sold 90 tons of ore
from the Dugout claim to the Eureka
Con. works, netting him $3,271. This
was part of SO tons taken out by
three men in four weeks.
RICHMOND co. ANNUAL REPORT
The report of the directors of the
Richmond Company for the past year
was issued.
The mining profit was $715,0OO
and the net profit $672.000; equiv
alent to SO per cent on the total cap
italization of the company. Three
dividends were paid during the fiscal
year, amounting to s303,000. A bal
ance of $460,000 was in the treasury.
The directors recommended that
s222,00O of this amount be placed in
the reserve account; that $4,000
be paid to stockholders as an extra
ried forward to next dividend ac-
count.
During the year $4,000 tons of ore
were smelted. $4,000 came from the
Richmond mine and 5000 were pur-
chased. These ores produced 26,152
ounces of gold; $4,000 ounces OF
silver; and S172 tons of lead. In
addition to this production, furnace
No. 4. operating on 5000 tons of low
grade ore, produced 1853 ounces of
gold; 166,630 ounces of silver; and
1884 tons of lead. This made total
production for the year, 31,015 oun-
ces gold; 1.108,921 ounces silver;
and 9,436 tons of lead.
The net value of the bullion pro-
duced during the year at Eureka, was
$2,931. .S7S.25. The mining and haul
ing expenses were S11.02 per ton,
and the smelling costs S13.16 per
ton. All development work in the
mines. store supplies, renewals. and
general expense for the year, are in
cluded in the above charges. At the
beginning of the year lead brought
8 cents per pound, and at the close,
5 " cents. Silver fluctuated slightly
in price throughout the year. The
furnaces ran steadily throughout the
twelve months. The capacity of the
larger ones was 80 tons per day. A
weekly average. The average yield
per ton-year was $63.12. The re-
finery treated all crude bullion pro-
duced. The refinery costs were $16.-
28 per ton.
A large amount of exploratory
work was done during the year, there
being 10000 feet of drifts and 1850
feet of raises and wines driven. No.
13 chamber was opened on the 900
level; No. Is on the 500; and No.
IA on the 400 level. No. IA cham
ber was showing the largest body of
ore yet discovered; over 500 feet in
length being exposed on date of re-
port. 1t connected with numerous
other ore chambers. A large ton
mage was ready for stopping above the
400 level.
1890
Eureka Con. shipped IL bars OF
bullion. valued at $4,000.
Rescue Hose Company was selling
tickets for Fonrth Of July Ball.
Eureka & Palisade railroad shipped
$50 tons of ore to Salt Lake.
Beef cattle delivered in Reno were
bringing SIT per head. about dol
lars more than in 1889.
1900
Silver sos cents per ounce.
Lead 1855 cents per pound.
Ernest Mau bought the book and
stationery business of C. H. Stinson.
Miss Clorinda Rebaleati was chosen
to personate the Goddess of Liberty
on July 4.
For the week ending June 23. 251
tons of ore were shipped to Salt Lake
from IL mines of the district.
1910
Silver say cents.
Ruby Hill organized a new brass
band of ten pieces.
Edgar Father and Eugene Johnson
went to Reno to spend the Fourth.
James A. Rattazzi, a well known
merchant of Eureka died from a