49 



Aggregate ore reduced in eight months, 4,000 tuns. 



Average yield, at $25 per tun $100,000 



Dead work on mine 30,000 



Cost of Mill 20,000 



Total receipts $100,000 



Total expenses 92,120 



Balance $7,880 



Below will be found a recapitulation of the condition of the mine on the 1st of 

 January, 1856. 



RECAPITULATION. 



Feet. 



1 adit 200 



1 level 1,100 



Fathoms. 



4 shafts, each 9 



3 " 11 



1 " 13 



1 engine shaft 15 



1 air" shaft 12 



, Total 60 



Strike, east and west; dip, north 41. Power, four feet. 

 Working fourteen fathoms below water line. 



MOUNT WASHINGTON MINE, FRENCH GULCH, SHASTA COUNTY. 



In the northern part of the State this company were pioneers in this branch of 

 industry. The mine and reduction works are situated on French Gulch, about 

 two miles from the town, and on the Shasta and Yreka Roads. 



Simultaneous with many of the openings made in the early part of 1852, in 

 the middle and south part of the State, this company located and opened their 

 lode in this region. During that year and the subsequent one, a considerable 

 amount of loss was sustained in their operations, arising from the unsystematic 

 methods adopted in working. The lode was found to be valuable, and the utmost 

 confidence was reposed in its productions, but the necessity of a radical change in 

 the conduction of their operations became apparent to all concerned, in order to 

 insure success and profit from their property. 



Accordingly a new directorship was the first result of the above conclusion, 

 and which saved the mine literally from total abandonment. 



On the advent of the new administration the mine was heavily involved, but 

 by the month of September, 1853, the entire liabilities were discharged from the 

 proceeds of the mine, over and above expenses. During that year the company 

 drove an adit at an expense of $1,800, which was 130 feet in length, and opened 

 a line of level together with the adit, which amounted in their aggregate to 

 nearly 300 feet. During the latter part of 1853, and to the close of the year 



