Lesley.] 



14 



[Jan. 3. 



The amount of ore already taken from these banks is about 25,000 

 cubic yards, or 87,000 tons from the Wyncoop-Medler Bank, and 20,000 

 cubic yards, or 30,000 tons of ore from the Kirkslager Bank. The ore 

 bed being continuous up the valley of Mountain Creek for several miles, 

 the amount of ore insight is very great. Estimating the bed at six yards 

 in thickness, which is only a small part of the vertical thickness showing 

 at Papertown, the yield of ore would be 10,000 cubic yards, or 15,000 tons 

 for each yard gone back on the bed, over a distance of one mile, cutting 

 the bed 6 yards. 



FIG. 12. 



Scale /OOy-ds ta finch-. 



out in bottom 26 rosort. 



The cost of mining ore at these banks at the present time is thus 



stated : Royalty 75 



Cost of mining and stripping $ 1 30 



Hauling, washing and handling 15 



$2 20 



Price on the cars $3.50 ; leaving a profit of $1.30 a ton. When the price 

 of ore is under $3.00 a ton, royalty falls to 37£ cents a ton. 



No. 8. One third of a mile east of Papertown, at the base of the South 

 Mountain, a shaft has been put down on the ore ; it was reported as going 

 35 feet through ore. The ore, which was used at the Old Holly Fur- 

 nace, was quite cold-short. On the Siplinger Place, a short distance 

 north of this shaft, some ore had been taken from a shallow pit. 



