THE COMSTOCK MINES. 



175 



has been already shown. At the old shaft there are also hoisting works, in 

 which friction-gearing is employed. 



The operations of this company are partially set forth in the following 

 statement, from which it will be seen that previous to the discovery of their 

 ore in 1865, the assessments had amounted to $350,000. The writer has no 

 knowledge of the product during that period. The reserves of the mine 

 falling off in 1868, assessments were again required, but dividends were 

 resumed in 1869. 



Tabular statement showing the opeyations of the Hale and Norcross Mining Company. 





1 



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Previous to 1866 ------. . . . 



During year ending March 20, 1867 . . . 















$350,000 





29, 401 



28,635 



$9 08 



$14 26 



$47 32 



$1,358,084 89 



$490, 000 



During year ending February 29, 1868 . . 



25,432 



25,332 



- - 



14 23 



34 14 



86s, 925 45 



60,000 



300,000 



During year ending February 28, 1869 . . 



16, 803 



17,081 



a 9 02 



13 II 



23 89 



395, 691 77 



200,000 





During year ending February 28, 1870 . . 

 Total ___-..-__ 



51, 980 



45,441 



as 14 



12 49 



27 13 



1,232,92901 





192,000 



123,616 



116,489 



- - 



- - 



- - 



3,852,631 12 



610,000 



982,000 





a Paid for labor per ton of ore extracted. 



Chollae-Potosi. — This mine adjoins the Hale and Norcross on the south. 

 The length of the claim belonging to this company is stated at 1,434 feet. 

 The number of shares in the company is 28,000. The present organization 

 is the result of the consolidation of two or more claims, the chief of which 

 were originally known as the Chollar and the Potosi. The Chollar was orig- 

 inally located as a square claim on the surface, measuring about 1,400 feet 

 along the length of the lode, by about 400 feet in width ; the Potosi located 

 a similar claim, of equal length, parallel to and lying east of the Chollar. At 

 that time the structure of the vein, the form and dip of the ore-bodies, and 

 their relations to each other were not at all understood. The body of ore 

 discovered on the Potosi claim was found to be dipping to the west, and by 

 sinking upon it the company passed beyond the boundary, determined by the 

 square surface claim, into the ground of the Chollar. A suit was instituted 



