33 





Dead work and repairs $'1,200 



Ore reduced, 3,000 tuns. 



Average value, $20 per tun $60,000 



Aggregate monthly expenses 26,282 



" Deads and Improvements 1,200 



Total Receipts $60,000 



Total Expenses 27,482 



Balance , $32,518 



During the month of March a dividend of five hundred and fifty dollars per 

 share was declared, since which period two others have been declared, the amount 

 of which is not ascertained. 



The following recapitulation will show the amount of work performed upon the 

 mine : 



RECAPITULATION. 



Fathoms. 



North Shaft 4 



Main " 21 



Total 25 



Feet. 



Upper Gallery 190 



Middle " 200 



Total , 390 



One adit of 140 feet. 



Strike, north and south ; dip, east. Power, nine feet. 



UNION MINE, SUTTER, AMADOR COUNTY. 



The Union Mine is situated in the town of Sutter, formerly known as Amador 

 No. 2. 



This mine was located in 1852, though but little work was done upon the lode 

 during that year or the following. In 1854, an attempt was made to reach the 

 lode by driving an adit from the west side of the hill to the length of about three 

 hundred and fifty feet ; at this point the vein was tapped and worked with varia 

 ble success, but owing to the insecure manner of supporting the walls, and a 

 rather reckless method of working the lode, it became abandoned for the time 

 being in order to settle up the affairs of the concern. 



The work during this period was performed under lease and contract a most 

 disastrous course to pursue in gold mining in ttiis country. The result of the 

 operation was, that at the time the ninety-foot level on the south was completed, 

 the property was in worse condition and of less value, so far as those works were 

 concerned, than in the original state in which nature had placed it. In the latter 

 part of 1854, the company had decided upon a systematic plan of working, and 

 in the course of the past year have put that plan into execution. 



The whole of the old works are abandoned for the present, and will not be used 



