55 



2 Battery Tenders, at $75 150 



3 cords Wood per day 234 



Incidentals 208 



Total monthly expenses $2,093 



Engine and Mill $30,000 



4 Shafts 1,344 



1 Adit 2,080 



1 Level 3,120 



1 Train Way 6,720 



Total dead work $43,264 



Aggregate ore reduced, 4,680 tuns. Average yield per tun $24 90. 



Aggregate monthly expenses $18,937 



receipts 112,320 



Balance in favor 50,000 



RECAPITULATION. 



, 



Fathoms. 



4 Shafts 7 



Feet. 



1 Adit 260 



1 Level 260 



1 Train Road 560 



Working three fathoms below water line. 



This brief history and statistical matter of those mines, from which we have 

 the returns of their operations for the periods given, is sufficient to show the 

 healthy and stable condition of this branch of employment, and their yield is 

 fully sufficient to warrant all that I have said in former reports relating to their 

 intrinsic value. The rapid increase in the number of mines, during the past 

 three years, may also be taken as an evidence of success ; more particularly so 

 when it is known that this speeies of property does not appear as stocks either in 

 foreign or domestic markets. 



Their rise and advancement, therefore, cannot be attributed to speculation, or 

 jobbing, at home more particularly, for here this property has not, as yet, divested 

 itself of those opprobriums that unprincipled speculators (who were more willing 

 to earn their living by any other means than legitimate labor,) on the one hand, 

 and the inconsiderate manner of investment and working on the other, attached 

 themselves, like deadly parasites, during the days of its comparative infancy. 

 But a kind Providence interposed, and soon produced a finale to their brilliant 

 career. 



Unsupported by any of those extraneous influences usually brought to the sup 

 port of faltering mining property, they have lived beyond the possible reach of 

 further injury from the causes that have hung with so heavy a weight upon the 

 reputation and integrity of gold mining in California. It would be interesting 

 to review their past history in full, did time permit, for each mine would furnish 



