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Volume 38 (1879) (440 pages)

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February 15, 1879.] MINING AND SCIENTIFIC PRESS. 101
120 Silver Hl.. 100 Favorite..
Nev: 48)
200 Mint..
2000 Monument
1) 100 Wales..
45 Yellow Jacket..
Mining Share Market.
The past week has becu more exciting and
active than auy for eome time heretofore. The
expected, upward tendeucy noted in our last
issue, has been partially realized ; a eharp advance all along the line of the Cometocks having been experienced.
The amicable eettlement between the Comstock compauiee and the Satro Tunnel company, inaugurated this move for the better, and
though no important ore bodies have been
struck, the new lease of life, which this arrangement gives to the minee, the utility ef the
tunnel as a meane of drainage and better veutilation, and the certainty that in conjunction
with it, new deep exploratione can be made in
entirely virgin ground, eufficed to croate the
strong upward impetus above noticed. ’
Even the upward movement in Yellow Jacket
last weck gave way to the interest elsewhere
awakened along the Comstock. The principal
movement on the north wae in Ophir and Mexican, Among the water stocke, Savage and
Hale & Norcroes were the center of interest.
Later, the leading etocks of Bodie and other
outside districts became active, showing that
more intereet is being taken in them as the
spring advances. The latter part of the week
ehowed less confidence and pricee were lower.
Outsiders did not appear to appreciate
the services rendered them hy manipulators in advancing ‘‘securities’ to a higher
standard, refusing to be accomodated
even at previous prices, At the cloee of the
week, pricee eomewhat recovered, and after a
eteady etand, are again somewhat on the increase. No eharp rally is looked for, but more
confidence is expressed in the general gradual
riee, than would have been in case of a eudden
spurt. In passing its February dividend, California has caueed eome dieappointment, it having been generally supposed that the now
reduced rates could have been kept up eomewhat longer. Thie extinguiehee the last of the
dividend-paying mines on the Cometock—takee
away its ‘“‘neet-egg,” as it were. Meantime the
Bodie, Eureka and other dividend-paying mines
continue to dieburee their ueual amount of net
earnings, and the productive minee everywhere
to ehip, their naual complement of bullion,
indicating an active and healthful condition of
thie indu&try. d
Throughort the California mines, more escially in the bydraulic washings, great activity ie noticeable eince the advent of the recent
heavy raind, whereby the reservoire bave been
filled and the ditches eupplied to overflowing.
The year now promisee to be a moderately
good one witb every class of placer mines,
Bullion Shipments.
Since our last iseue, we have noticed the following bullion sbipments:
Highbridge, Feb. 7th, $10,027.35; California,
Feb. 5th, $129,817.88; Bodie, Feb. 7th, $9,400;
Hilleide, Feb. 5th, $5,370; Hillside, Feh. 9th,
$5,200; Standard, Feb, 6th, $19,917.38; Northern Belle, Feb. 6th, $3,972.35, Alexander, Feb.
11th, $3,693.64; Tybo Con., Feb. 7th, $4,407.60; Leopard, Feb. 9th, $6,800; Independence;
Feb, 10th, $4,000; Grand Prize, Feb, 10th,
$12,500; Hilleide, Feb. 11th, $5,150; Indian
Queen, Feb. 3d, $3,780.45; Northern Belle,
Feb. 8th, $6,076.47,
MeErEoRoLoey.—Our knowledge concerning
rainfall at different pointe on the Pacific coast
is being constantly added to, and the etudy is
generally associated with some intereeting condition of phyeical geography, or physical ecience,
having a general and a wider bearing. Investigatione of thie sort are certainly practical
enough ; though there is often at first glance, as
in other departments of science, little hut
abetract ecience to be seen on the eurface. Mr.
Purnell concludes his eeries of articlee ou
“Coemic Meteorology” in this iesue. The
original obeervations of Dr. Blake, Prof. Le
Conte and eeveral others, beforo the Academy
of Sciencee, and ite eections, are to the point.
Tue vote of Texas hae increased 50,000 in
two yeare, which indicatee an increase of population in that time-of hetween 300,000 and
400,000,
Pg
Minina SUMMaRY.
The folluwiog le mostly condensed from journals pubshed In the interior, ia proximity to the mines mentlened.
CALIFORNIA.
AMADOR.
Minino Nores.—Ledyer, Feb, 8: Iu the 230
and 270 levels of the Bunker miue the rock con35e j tinuee as good ae ever, A steam pump has
been put into the 270 level to throw the water
up to the 70-foot drain tunucl. Another body
of ore has been fouud in the 330 level, which it
ie expected will turn out well. In the bottom
level, 450 fect, the ledge bes been fouud eix
feet in thickness and gradually getting larger.
The mill is kept running all the time and pays
woll. The Con, Ainador made a mouthly cleauup Suuday. Only one-half the milling capacity,
or 20 stamps, was kept in operation. The yicld
was in tbe neighborhood of $10,000—a great
shrinkage from the output of gold in its prietinc
days, The old worke arc closed, with little
prospect of their ever becoming the eccne of
activity again. It doce not follow, however,
that the miue is exhaueted. The mill is kept
runniug to its full capacity on rock from the
Wolverine tunnel and Badger shaft. At the
Talisman mine, near Amador City, thinge are
looking more hopeful than for many monthe
past. In drifting north, towards the Koystite,
a body of quartz of fair quality has been etruck,
The mill hae been operating on this rock for a
couple of weeke, Watcr was turned into the
More diteb Tuesday, and the new 10-stamp
mill was etarted Thureday. All the works conuected with thie mine are of the most eubstantial character.
CALAVERAS.
Urrer Country Mintye Jors.—Chronicle,
Feh, 8: The work of sinking the shaft in the
Champion mine at West Point is progressing
rapidly. It is now down 490 feet—the deepest
ehaft in the county east of the Gwin mine, The
mille in connection with the mine are in conetant operation, the ore cruehed being first
grade. The ehaft in the San l’edro, at Mosquito, is down 100 feet and deepening as fast as
the bottom can be knocked out of it.
Gwin Mine.—The volume of water encountered iu the Gwiu mine continues eo large that
it has heen found necessary to put in a larger
pump from the 1500 level up to the first etation
above. The work is now heing done, operations at the mine not being interfered with in
consequence, however. All the hatteries are
buey and will be kept so, Rock hae lately
been etruck in the 1500 level, the ledge ehowing from eix to eight feet in width and the ore
being of fair quality.
EL DORADO.
Tue Mines.—Republican, Feb. 6: The El
Dorado canal is frozen, keeping in check the
claims dependent on it for water, the Park canal
company sending down eufficient water to supply the demand aside from the Tenneseee claim.
The Utah mine at Newtown ie also supplied
from the latter canal, and the mill hae been
running about two weeks. Ou the North-eide
the Gold Depoeit was etarted up last Monday,
the new concentratore having been put in place.
Mininc Anout Ketsey.—Mountain Democrat,
Feb. 8: We etill receive bighly encouraging reporte from the Gold Depoeit mine, The grading for the new concentrator bas been completed, and the work of putting the machinery together has commenced. The mill was started
up for a test last Monday. Ore is being taken
from the lower level, which carriee a large
Pas nay of enlpburete of the fineet character.
n that level the ore body remains firm and
givee promiee of cheering reeulte, botb ae to
quantity and quality. Work ie being proeecuted onthe Esperanza mine, which is situated
about one mile north of Johntown and within
the great gold-bearing helt of that eection. The
ore hody in the Esperanza is from two and a
half to four feet in widtb, and proepecte well.
A tunnel ie being run to tap it at a depth of
about 100 feet, The Manefield hae been relocated under the suggeetive title of the
**Cinche” mine.
INYO,
New Finps.—Jndependent, Jan, 25: Fine
gold quartz discoveriee have heen niade near
the foot of the lake, and there ie some excitement in relation to the matter. Quite a number of persons from Cerro Gordo and the hille
around, have rushed off to some re-diecovered
minee of Saline valley, eome 25 miles from Cerro
Gordo. A new dietrict is being organized there
called Mineral King. .
Tue Ecuirsz.—The Echpse mill is running 15
etampe on gold ore when the weatber permits.
Superintendent Eudey ie fitting up a five-stamp
battery to run on silver ore, and a new amalgamating pan and a separate reeervoir for tailings.
MONO.
WEEKLY Minino Revirw.—Bodie Standard,
Feb, 8: The work of developing our mines ie
being advanced with gratifying rapidity, and
each week’e report improves the record upon
which we ehall demand the attcntion of the
world to this ery the coming epring.
Already, upon the Strengtb of the mild weather
which we have enjoyed thne far during the
winter, quite an immigration of etrangere has
commenced to eet in, anxious to he on hand in
good eeaeon to participate in the lively times
which everybody believes to he in the near
future. During the past week the Standard,
Bodie and Bulwer mines have been visited by
partics of exteuded experience in miues, who express what would scem alimoet exaggerated
conhdence in the vastness of the wealth as yet
uuextracted from their deptbs, The probability
of finding the Standard veins continuing in the
Tioga at the north are eo great as to render it
almost a certainty. Tbe prospects of opening
out a vein in the Blackhawk, uow that a shaft
is beiugeunk on the eouth end of that company, are first-class, The ‘‘lightning drift,”
300 level of the Dudley miue, has not yet
cut the Dudley ledge, but it muet reach it in a
few days. We have heard pretty well authenticated rumors of a strike ot inportance iu
the Maybelle mine, eaid to be of base ore, whicb
asaays $100 per ton in silver. The Red Cloud
is crosecutting west on its 400 level, and great
thinge are anticipated of the Packard and Morton vein, which will be cut 150 feet below the
Rola of discovery on the 250 level, The Nooulay is looking very nicely, and the Richer is
said to be taking out eonie very rich ore.
Avour Benton.—Inyo /ndependent, Feb. 1:
The mines around Beuton give more promises
than pay, The Neal mine ie developing, aleo,
the Sultan Hill, The Indian district contains
fine proepects, The croppings there aeeaying
from $30 to.$65. Capital ie all thie country
wants to make it a flouriehing section. The
Clover minee are extensive and rich ; wood and
water being handy, they can be cheaply worked.
The Indian Queen ie giving great eatisfaction.
A new company will etart up the old Comanche
works. Many other claime present goed proepects.
. NEVADA.
Watt Gravel Mint.—Grase Valley Union,
Feb. 9: The main east drift is in 1225 feet; the
lava has beca passed and gravel found on the
bedrock again; the bedrock is of a eoft blue
elate. The north prospect drift hae been run
60 feet, the bedrock is elate. There is no
change inthe gravel and all work below the
main drift has been etopped.
Pirrssuro.—Of thie mine, situated in the
Nevada dietrict, the’ Superintendent's letter of
the let inet. saye: The lode in the 600-foot
drifte preeente well, it being well defined,
carrying rich eulphurets, The etopee at 700foot also preeent favorably, yielding large
quantitice of good ore. The 800-foot etopes are
being worked and yielding well. The lode at
the 800-foot ie large and producing large quantities of ore. The mill is runniug well and
doing good work,
Ipauo.—Foothill Tidings: On acconnt of the
loes of time by reaeon of ice in the ditch, the
bullion yield last month was only $39,500, but
the usual monthly dividend of $7.50 per ehare,
amounting to $23,250, was declared on Monday,
payable immediately. This makee the 114th
regular dividend paid by the compauy, amounting in all to $2,600,750, out of a total yield of
the mine of $5,302,204,
Trems.— Transcript, Feh, 8: The Manzanita
gravel mine near this city continnes to be worked a part of the time, altbough the aupply of
water is light. There ie at preeent running in
the main ditch of the South Yuba Canal Company about 3,000 inchee of water. There has
heen a slight increase in the bead during the
past few days, owing to the warm weather
thawing ‘out the emall etreams that lead into
Soutb Yuba river and Deer creek.
PLACER.
Various Camps,—Herald, Feb.8: Messrs.
Lerman and Stuart, wbo have been engaged for
eome time past in ruuning an incline in their
drift claim, near Grizzly Flat, havestrack a fine
proepect, which they think ie enflicient inducement for them to run a tunnel of 700 feet ona
grade eufficient to work their ground. August
Hazelroth has aleo struck a good prospect in
his drift claim adjoining the Rough & Ready.
This will assure that company in prosecuting
work in their claim with vigor and eatiefaction.
But little water in the ditchee at preeent, and
bueineee ratber dull, On Saturday laet tbe
Orion Co., at Dutch Flat, diecharged a blast in
their claim of 175 kegs of powder. The result
was an admirable euccess.
PLUMAS.
Gipsonvitte. — Plumas National, Feb. 1:
The Bootjack mine ie turning out good pay,
and a uugget weighing $81, was picked up in
their dump a few daye ago. The Michigan ie
showing good pay dirt, and Mr. Lowell thinke
he has got the old lead aegood as ever. Durin;
the rain the company waehed np about a thir
of the dump-pile, dirt that wae not expected to
pay but little, and they were agreeably surprised by a clean-up of $1,300. The North
American company is running two tunnele, and
have good prospects, The mines in the Gibsonville neighborhood eeem to be holding their own
and the epring wili probably be a lively one.
SAN LUIS OBISPO.
La Panza Disrricr.—South Coast, Feb, 5:
On our arrival at La Panza dietrict we fouud
eome 200 men actively employed, four-fifths of
whom are native Californians—eome men digging, eome men packiug pay. dirt to water, some
rocking, eome panning, many walking over the
country proepccting; all eanguine, all conenrring in the wish for more rain, The main encampment ie in La Panza canyon, in which,
and ite tributaries, ravinee and gnichee, ia done
all the present mining; prospects of line gold are
found nearly everywhere in the water courees;
coarse gold is found in the ravinee and gulcbes.
The great ecarcity of water at preeent in thie
locality, and the lack of skilled lahor, is the
cauee of the placere not yielding larger amounts
to tbe operators. Evidencee are that “pockets,” or rich deposita of gold, exist in the lower
hills and flats which wash into the ravinee sud
gulches which are tribntary to the La Panza.
The tind in the preeent workings is indicative of
what ought to exist in other parts of the dietrict which is more favorcd, having a large area
of water-shed and an immenee depoeit of cement
gravel, The belt of cement gravel haga length
of six milee (the dietance cxplored and proepected by me) anda width of two miles. The topography of the country to the south and east
ou the line of the cement gravel showe it to be
much broken. Tbe belt laye in a deep basin or
channel, tbe cement gravel has the color and
character of the gravel belt of Forest Hill and
Yankee Jim, in Placer Co., of You Bet and Little York, in Nevada Co., of Moute Christo, in
Sierra Co., and varioue hydraulic banks in
Yuba Co., although the water shed ie larger in
area; there never ie water enough to work by
the hydraulic procese.
SHASTA.
Correr City Miyino Irens,—Reading Jndependent, Feb, 8: The centinued fine weather
for the past week has rendered it favorable for
mining companice to purse their workinge without interruption, and well have they improved
the opportunity. The Extra company have
their tramway completed and are now carrying
from Bully hill to the company’e mill about 40
tonsof ore per day, which is being reduced at
eaid mill with ite ueual good reeults. This
company have just completed their new emelting furnace and will make a teet of ite workinge
to-day, and as there are many thoueand tons of
good copper ore in this dietrict, which will pay
well if succesefully worked by thie procees, We
are all waiting anxiously the reeult of the emeltereto-day. Aethere are two other companies
who have endlese quantitiee of good emelting
ore, it will make times very lively in thie place
the comin; pring, ee there will doubtlese be a
number of these furnaces erected. The Potter
mine ehows better ae they sink deeper, opening
up a wonderful body of rich ore. The tunnela
in the Northern Light and Winthron minee are
being puelied forward as faet as poseible.
SIERRA.
Howxtanp Frat. — Dowuieville Messenger,
Feb. 8: When ‘'The Empire” stopped work,
about 40 white men were eent adrift, Some
have gone to Foreet City to work in the celebrated ‘‘Bald Mountain,” some to Gibeonville,
and neighboring towne. We all hope the Bonanza company will econ be in with their tunnel,
for it will then’ be in their power to call the
miners back and reetore the lively times, The
Empire paid well every month. The Bonanza
fill erobably do the eame. If it paye well, how
much better it would be for the people of the
town, and aleo the Bonanza company, if the
latter would employ white men only. That
would “make things lively.” Not ouly that;
look at the example eet for othor companiee.
The Buttes Quartz Co. ie working about 100
men but the preeent etorm will prohably enable
them to put on a full force.
TUOLUMNE.
VALUABLE Mine,—Jndependent, Feb. 8: The
Basin Slope mine, located ahout eight milee
weet of Cherokee in thie county, ehowe immeuse bodies of ricb galena sulphureted ore,
assaying froin $200 to $350 per ton. The mine
is the property of Meeere. Lewis Broe
Tue Mztones Minz.—The immenee reduction works at Melonee mine, ncar Robineon’s
Ferry, are nearly if not quite complete, and
many will await with considerable intereet the
reeult of the venture. The machinery is, eo to
epeak, incomprebeneibly grand and intricate to
the eye of a tyro in mechanism; in fact, the
daze of helting, ehafting and pulleys ie like unto
a drunken man’s dream. Bnt if it worke up to
echedule it will be a grand thing. A great portion of the machinery was brought from Boston.
Ae the procese has proved eucceeeful in reducing
the tellurium oree of Arizona, it ia confidently
expected to operate ae well upon the rich but
rehellioue matter of the Careon Hill mines, It
ie a hig thing, and bae coet a mint of money.
YOLO.
CaLriFoRNIA QuicksiLveR Mine.—Yolo Matt,
Feb. 6: R. G. Hart aesietant Superiutendent
of the California Quicksilver mine, made ue a
call yeeterday. He reports the mine doing
much better than for a year past, but the company only running a force of 30 hands ae minere.
‘They are running two furnacee conetantly—one
for the reduction of fiue ore, and one for coaree
ore. With quicksilver at 39 cents per pound,
the mines yielded sufficient during the month of
January to produce $3,000 over and above all
expenses, including the per cent. paid for sale
of quicksilver. This isa pretty good eliowing
for eo emall a force of workmen.
NEVADA.
WASHOE DISTRICT.
Serra Nevyapa.—Gold Hill News, Feb. 12:
To-day the southeast drift on the 1700 level
will reach a poimt directly under the Nerth
Cou. Virginia ehaft. As soon as the neceseary
arrangements are completed, an upruise to connect with the bottom of the shaft will he commenced, ‘When this connection is completed,
the ventilation of the mine will be the hest possihle down to the 1700 level. Work is heing
puehed vigoronaly at all points.
CaLirornia.—The north drift, on the 2150
level, running to connect with the eouth drift
on the 2000) level of the Ophir, is now in 120
feet, the face in very hard blasting gronnd. In
the drift’ south from the Ophir, on the 2000
Continued on page 108.