46 



Statistics for 1855. 



Number of men employed, thirty-eight. 



21 Miners, at $4 per day $2,184 



6 Stokers 432 



2 Engineers, mine 180 



2 " mill 200 



2 Battery Tenders 180 



2 Shaft Stokers . . . 120 



1 Amalgamator 100 



1 Carpenter 100 



1 Blacksmith 100 



4 cords Wood per day, $3 per cord 288 



Teaming 500 



Incidentals . 500 



Total $4,884 



Aggregate expenses for 9 months $43,884 



Dead work 2,000 



Total expenses $45,884 



Aggregate ore reduced, 4,680 tuns. 



*" Aggregate value, at $25 per tun 116,000 



Balance in favor $70,000 



In regard to the figures given, touching the valuation of ores not only of this 

 mine but those of several others, I will state that I am fully aware that they are 

 actually below what they have averaged for months consecutively ; and in these 

 statements I prefer to err by being below the absolute yield than to commit an 

 error in being above their value. 



My object and aim in these statements has been to place the results of these 

 adventures before the public in such a form as will have a tendency to convey a 

 more lucid idea of the probabilities of success or failure in this branch of employ 

 ment. In giving these figures, it may be that I have overstepped the bounds of 

 prudence, and perhaps, to some extent, the confidence of those who have from 

 time to time furnished me with the statistics of their operations ; and if so, my 

 only apology for so doing is, that we have arrived at that period in our history 

 when it has become incumbent upon us to demonstrate the practicability or im 

 practicability of operations of this kind within this State, and to divest the busi 

 ness, as much as possible, of either the suspicion that rests upon it, arising from 

 the precedents of gold mining in other States and countries, or, the surmises of suc 

 cess or failure, by which it is at present encompassed. 



Original capital paid in (cash) $32,000 



Nominal capital 600,000 



Month of August, one dividend on nominal capital, 1 per cent. 



" September, " " " " 



. " October, ' " " i " 



