Quotations of mining stocks commonly dealt in at the San Francisco Stock and Exchange Board. [From San Francisco Weekly Stock Report of February 4, 1871.] 16 00 35 0 16 00 35 00 21 00 24 00 19 00 17 00 10 00 10 00 10 00 4.00 7 00 7.00 7 00 4 00 4.00 4. 00 4 00 4 00 $18 00 $11 00 $14 00 $10 00 821 00 $10 00 $18 00 $12 00 $14 00 $10 00 $10 00 $5 00 $800 $6 03 $8 00 $5 00 $8 00 $3 00 $8 00 $6 00 $6 00 $5 00 $8 00 85 00 320 00310 00337 00310 00 370 00 350 00370 00 192 00 232 00 195 00 225 00,195 00 230 00 210 00 220 00182 CO 240 00 217 00 250 00240 00 247 00 240 00 245 00 245 00 16 00 15 00 18 00 2.00, 8 00: 4.00 500 7.00 7.00 5.00 4.00 4 00 2.00 5 00 1 00 6 00 4.00 6 00 6 00 6 00 6 00 5 00 5 00 3 CO 5.00 5 00 5.00 21 00 18 00' 32 00 22 00 33 00 24 00 29 00 27 00 30 00 25 00 37 00 31 00 47 00 38 00 61 00 46 00 75 00 49 00 83 00 70 00 91 00 68 00 20 00 20 00 40 00 15 00 37 00 20 00 20 00 17 00 17 00 17 00 17 00 17 00 17 00 17 00 17 00 17 00, 5 00 5 00 5 00 5.00 5.00 500 3.00 7 00 2 00 18 00 10 00 10 1 25 1 25 4 50 3 00 7.50 4 871 6 50 4.75 600 200 2.00 175 200 2.00 3 00 3.00 4 00 2.00 4.50 2.50 775 4.00 22 00 14 00, 40 00, 14 00 33 00 15 00 19 00 10 00 19 00 19 00 5.00 5 00 7.00 2.00 6 (0 1.00. 1 00 1 00 5 CO 1 00 6 03 5. 00 8 00 7.00 7.00 6.00 11 00 7 00 15 00 6 00 15 00 8 00 10 00 5 CO 5.00 5 00 5 00 5.00 5 00 5 00 7 00 6. 00 5.00 506 5.00 5.00 72 00 44 00 82 00 40 00 500 00 95 00380 00145 00 190 00 117 00 103 00 00 00 72 00 37 00 161.00 45 06 155 00 98 00 109 00 83 00 94 00 71 00 90 00 45 00 11 00 16 00 9 00 13 00] 5 00 10 00 8 00 9.00 5 00 11 00 3 00 11 00 5 00 7 00 23 5 5 11 00 27 00 16 05 17 00 12 00 14 00 8 00 16 00 10 00 15 00 7.00 7 00 3 00 5 00 2.00 16 00 24 CO 16 00 23 00 18 00 19 00, 15 0. 17 00 7 00 14 00 7 00 10 00 6. 00 8 00 6.00 29 00 55 00 33 00 37 00 30 00 47 05 27 00 53 00 31 00 42 00 33 00 42 00 36 00 40 00 32 00 40 00 26 CO 52 CO 39 00 5.00 12 00 6.00 8 00 4.00 4 00 1 00 5 00 3 00 3 00 1 00 4.00 1 00 3 00 2.00 2 CO 100 3 00 1 CO 20 00 20 00 10 0 10 03 10 00 10 00 13 00 10 00 17 00 12 00 14 00 10 00 18 00 12 50 18 30 13 00 1600 1300 15 5 1400 1500 10 00 21 50 1400 2500 2000 30 50 2250 50 00 30 60 70 00 54 50 3.30 50 WASHOE, NEVADA. CALIFORNIA. Tabular statement of the number of assessments, number of feet in mine, number of shares, number of dividends, total amount of assessments and dividends, amounts of assessments and dividends per share of the leading mines in California, Nevada, and dealt in at the San Francisco Stock Board, being an extract from a tabular statement by R. Wheeler, editor of the San Francisco Stock Report. Mr. Wheeler remarks in regard to these statistics: The compiling of the following statistics may seem to the novice a light task, requiring neither time nor trouble, although the information that is given is the most valuable ever published since the mines that are upon the list of the San Francisco Stock and Exchange Board have assumed the importance that is to them now attached. The State of Nevada has proven herself in minerals to be one of the richest in the Union, and the speculation in her mines has built up a business in this city wherein profit is concerned that is equaled by none other. Her wealth was first made known by the capital drawn from San Francisco, and the greatest portion of the stock in her richest mines is owned by its residents, yet so great is the ignorance pertaining to them, that men claiming to be well informed upon the subject, unhesitatingly avow that far more money has been spent in developing her mines than what has been extracted from them, while the dividends would not come within 25 per cent. of the amount collected for assessments. Doubting the correctness of such assertions, I entered upon the undertaking of collating the aggregate amounts that have been disbursed in dividends and collected by assessments, by and upon the mines that are now dealt in daily in the San Francisco Stock Board. The figures which are below presented go to show that the dividends far exceed the assessments, and that the mines on the Comstock have returned a splendid interest upon the money that has been spent in developing them, and that no other speculation has been more or even as profitable. Included in the number will be found mines that have never returned a single dollar in dividends, and some that have been reincorporated, but had disbursed dividends previously. The Belcher, for instance, before its late reincorporations and removal of its office to this city paid out to stockholders $421,200, equal to $405 per foot, and levied assessments to the sum of $410 per foot, aggregating $426,400. The correct total of the Sierra Nevada assessments I was unable to ascertain, as some of the old books have been mislaid or lost, while the secretary of the justice refused to furnish the desired information. The importance of the work which I present to the members of the San Francisco Stock Board for their consideration can only be made manifest by the manner in which it is received and appreciated. It has been a laborious and wearisome task to gather the information which is given in the following statement, and I hope that it will meet with their commendation, and also be the means of informing those who are ignorant of the vast amount that the Comstock and other silver lodes in Nevada have contributed to the wealth of the world. Companies. Tabular statement of the number of assessments, &c.-Continued. Reese River district.-The Lander Hill mines are at present practically the only ones worthy of notice in Reese River district, no others of any note being worked. The veins of this hill have been so often and so correctly described, that it is impossible to add anything of interest to essays formerly brought before the public. Much expense has been occasioned in working the Lander Hill mines by the frequently occuring faults in all the veins, which sometimes throw their lower portions hundreds of feet out of the plane of the upper part. The veins being narrow, this has, in spite of their richness, brought about the abandonment of many, and at the time of my visit only the North Star and Oregon mines of the Manhattan Company, and the Buel North Star (belonging to an English company) were at work. I mean to say that these mines are the only ones of note now worked; many others are worked in a small way, yielding, perhaps, one or two tons per month, but they hardly pay their way. The ores of all these veins are, as is well known, ruby-silver, dark and light, polybasite, enargite, stephanite, and principally fahlerz; silverglance is rare. A pleasing peculiarity of the veins is, that the ores in them do not get poorer in depth, but they have rather improved so far. This will, of course, have its limits; but this much is certain, that the future of these mines is as assured and certain as it can be in the best of mines. The difficulty of cheap reduction of these refractory ores has been most happily overcome by the Stetefeldt furnace. One of this kind has been built at the Manhattan mill, the construction of which differs somewhat from the former pattern, and with which highly favorable and gratifying results have been reached. I will only introduce a short sketch of this furnace here, and, what is most important, the results of the first month's actual working, as derived from the certificate of Mr. Allen A. Curtis, the efficient agent of the Manhattan Company, to whose foresight and sagacity the company is principally indebted for the introduction of the furnace. The Stetefeldt furnace at the Manhattan mill is larger than that at Reno, and instead of being heated by a wood fire is heated by the gases produced from charcoal in two gas-generators. A third generator produces the gases for heating and chloridizing the dust drawn over into the main flue by the strong draught. The impression at once received by looking at the furnace is that of an extremely solid and strong work before you-one that is not apt to require many repairs for years to come; and, in fact, in this lies one of the main features of the furnace, so well illustrated by the one at Reno, which has now been continually running for over a year without requiring the least repairs. And the Reno furnace is not nearly as well built as that in Austin. Any one who knows what an expense is continually incurred by the repairs necessary in reverberatories will be able to appreciate this feature of the furnace. Its entire height from the cooling floor to the hopper is nearly thirty feet; while the actuai distance through which the pulverized ore and salt fall against the flame is about eighteen feet. The flame from the generators enters the furnace a little over six feet above the cooling floor, and the bottom of the flue above is four feet six inches below the top. The inside size of the shaft, at its lower end, is five feet square. The bottom inclines toward the discharge door, and tapers toward the top, where the size of the shaft is reduced to three and a half feet square. The feeding machinery is a very perfect arrangement, but it is not easy to describe it without the aid of drawings, and I must be content to say here only that it sifts the ore into the furnace, finely divided, in a continual shower. nace. A very extensive system of dust-chambers is connected with the furAs the dust has to pass the fire-place in the main flue before it can reach them, the ore found here is always the most perfectly roasted. From the dust-chambers the waste heat passes under the large dry-kiln and thence into the chimney. The following are the working results of the furnace, according to Mr. Allen A. Curtis, agent of the Manhattan Company, for the first month: |