

50 



ending August, 1854, they had expended in improvements on the mine, $1,080 

 additional, in placing the workings in a stable condition. 



The employees upon the mine during the latter period averaged nine men for 

 each month during the year, at an aggregate expense of $1,360 per month, inclu 

 sive of board; and the incidental expenses amounted to about $175 per month 

 additional. 



The receipts from the mine during the same period were as follows : 



September, 1853 $7,341 20 



October, " 5,012 00 



November, " 4,508 58 



December, " 3,262 80 



January, 1854 5,246 40 



February, " 4,170 20 



March, " 6,777 20 



April, " 5,420 45 



May, " 3,280 40 



June, " 2,618 80 



July, " 2,594 40 



August, " 3,000 00 



$53,232 43 



Cash capital $7,000 



Expenses for year 16,320 



Dead Work ' 2,880 



Receipts $53,232 43 



Expenses 19,200 00 



Balance $34,032 43 



From the above statement it will be observed, that from May to August there 

 is a diminution in the monthly receipts. This occurred from the failure of water 

 during those four months to that extent that not over one-half running time was 

 actually made, the water for the motive power being derived from the creek on 

 which the mine is situated. 



The lode is situated superiorly in slates, and inferiorly in the trap rock. The 

 ores are peculiar, and differ somewhat in their general appearance from most of 

 the ores of other mines. The attendant metallic compounds are lead, molyb 

 denum, arsenic, iron, and a small quantity of copper, all in the form of sul- 

 phurets, but much more intimately blended than is usual in other parts of the 

 State. Associated with these is metallic gold, easily visible, but more commonly 

 invested by its associated minerals. It is probable that a considerable per cent- 

 age of silver abounds in these ores, though no absolute experiment has as yet 

 been instituted to ascertain that fact. The following is the present condition of 

 the mine and its workings, with expenditures and receipts for 1855 : 



Since the latter part of 1854 an adit has been driven two hundred and twenty 

 feet, which cuts the main lode ninety feet from the surface. The upper level's 

 have been driven to the length of five hundred and twenty-two feet, and from the 

 western end of the latter an inclined shaft has been driven on the lode to the 

 depth of thirty-two fathoms. In the course of driving on the lower adit of two 

 hundred and fifty feet, several beds of ore amounting to twelve feet in thickness 



