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Show westszrjst insriisra- - gazetteer CONTENTION MINE ARIZONA. TIIE JAMES B. COLGATE ON SILVER COINAGE. The following description of the new hoisting works is taken Wc take the following extract from a letter writtcr'by James from the Arizona Star : Somewhat over 400 feet down the hill B. Colgate to the New York Tribune:. from the old hoisting-work- s a large and very imposing building Silver has been the currency of the world for forty centuries, can be seen looming away up, and looking very attractive from and must continue to be so for centuries to come. It has ever of Tombstone. The dimensions of this great structure been the unit of value, for it is the only universal currency of the any part are as follows: the main building is 30XS0: the roof for 50 feet is world. Gold is only recognized by about one third of the worlds 24 feet high, and for 30 feet, over the gallows frame, is 36 feet inhabitants. The frame work is remarkable for strength; the posts, From 1835 to 1874, in which latter year Europe and this coun- high. in number, are 8x8, the beams are 9x10, the trusses of the eight silver the of free of the abolished silver, always coinage price try roof are 9x8, supported by inch bolts; the purlines, one on each ruled from one to five per cent, above gold coin, proving that it side halfway up the roof, are 4x12 supporting the main rafters. was the scarcer and more valuable metal. is a wing 24x40 feet, running up the hill to the The boiler-rooUnder all the impediments made by our banks for the receivof .this building is the same as the main south. The frame-wor- k is silver it that a the of circulation and the dollar, surprise ' ing f. A shed for the blackone, and connected by a high is in hands the the coined of of the amount cent thirty-fiv- e peoper is 1SX40. The gallows frame is to smith shop and store-roois coined of the is a so doubtful if It gold large percentage ple. have a foundation 1SX48. The posts will be 38 feet high, framed now in circulation, after deducting that which lies in bank vaults of 20x20 and 16x20 Oregon dressed pine timber. The engine as a reserve. reel shaft stand on a foundation of granite 30 feet long and Are we not two much influenced by the financial teachings and and tied and an attention to 22 feet wide and 10 feet deep, capped with cut granite of England and the Continent ? iron bolts, 10 feet long and 1 Ji inches thick, to keep our own interests might be of service to us. It is not so much a by 64foundation the the more solid. The two engines arc 12 Contithe and in with trade we are England question whether and 24 inch with wheels., two spur wheels with are how is face pinions to match; two nent, but the burden rests with them, and it vital, they reels, supplied with inch best flexible steel wire weighing 3, 6oolbs, to continue to trade with us. Shall they or we dictate the terms? by 10 tons dead weight, and 1,500 feet long, Already with a population of 50000,000 and by the next century capable of supporting in diameter overhead sheares, and supplied having two it, will probably, be 90,000,000, we shall be able to insist upon with two boilers 54 inches in diameter and 16 feet long; 46 3 views to own as our coinage. inch tubes in each supplied with steam and mud drums, and having central connections to be used singly, they are encased in a splendid solid wall of brickwork. The smokestack is 42 inches in diameter and 70 feet in height. The weight of the machinery WHAT CONSTITUTES A MINE. is 130,000 pounds; The cages are steel supplied with safety top and catches 4x5 and 10 feet high. The machinery is from Even many people people who invest money Prescott, Scott & Cos works of San Franciso. The building is which its that mineral or in representative, took 80,000 feet of lumber and 50,000 shingles. The buildings property, liberally have a very faint conception of what constitutes a mine. A re- are painted all over with two cots of paint, relieved by corded claim is not a mine; nor a mere prospect hole; a drift or white facings on sashes and trimmings. Each roof has a large even a mineralized vein a mine. It takes more than any one or ventilator, two of them 10x12 and the one over the boiler room is lighted all of these combined, at times, to form that which may be dignified 6xio; circular blinds in the gables, and the building by 24 windows and 8 double doors. Malter, Lind & Co. San In reality a mine is a vast store-hous- e with the name of mine. Francisco and New York, are the builders. of primitive wealth impregnated amid the ponderous rocks of successive ages. It is placed there and ingeniously distributed COTEMPORARY in New York city daims that Comstock by the mighty hand of generous nature which has chemically managers are deceivers by nature and comfirmed humdisintegrated, gathered, garnered, and blended the various partiThis we do know, however, that the cles by means of vast force to us unknown and unmeasured. bugs by force of habit. This great depository cannot be unlocked without the deft keys wealthy influential manipulators of the Comstock mines have a large amount of the stock in their safes and, sooner or later, they of subtile science and well directed labor. To secure those auxiliaries involves liberal enpenditures of money will want to realize on it To do this, they must make a market for in their own good time whenever that may be, is as sure as anywhich, when properly applied, almost invariably bring a rich re- it, in the future can possibly be. It strikes us that the public turn in the way of compensation for investment. In this connec- thing will never again take much interest in the stock representing the tion it may be truly remarked that a good mine is a piece of Virginia City mines. The past is a warning of sufficient import property that has tangible value, and is not likely to be disposed that there is no money in these shares except for the ring mani' of gratuitously Mineralized lodes and shafts, such as country pulators. rock can yield, can always be purchased in quantities to suit, and BULLION RECEIPTS. at prices which look low; but good mines that will pay to develop, must, in the very nature of things, remain scarce, and when The following are the bullion receipts at this city for the week found the public will be obliged to pay for them a price which ending January 27th : may look large, but which, in the end will prove much less in Jan. 21. Six cars Horn Silver, $15,000.00 . . . few Four bars the secured. to 5,016.67 matter In returns words a Ontario, may proportion One bar Barbee & Walker, 1,94s. 60 be summed up that what is apparently a good mine has virtually Two bars Christy, 3592,00 a standard value as much as any article of merchandise placed Jan. 22. Two cars Horn 5592-0Silver, Two bars Ontario, . .. 6,970.11 upon the market. Denver Mining Review. m hip-roo- m Self-relian-ce 9-fo- ot 6-fo- 10-in-ch -- 4-in- ch 6-in- well-inform- ot ch ed fire-pro- of A ible -- 0 Tucson rants a mint. The Tucson Star says that Pima County last year produced over $3,000,000, and predicts that for many years to come Arizona will turn out many tons of silver bullion, and that Tucson must be the great centre of the mining industry of that part of the country. Three cars Wood River ore Jan. 26. Eight cars Great Basin bullion,. Two cars Horn Silver, Ten bars Ontario,, Jan. 27. Six bars Ontario, Three cars Great Basin bullion. 6,450.00 9,600.0 0 . .. . . . . 5,000.00 12,613.93 7,683. 72 3,760.00 $S2, 635.0s |