CENTRAL AOT) EASTEEN NEVADA. 365 



From the foregoing accounts may be deduced the following results : 



Average yield, per ton, of Manliattan ores $148 45 



Average mining expense, per ton, of Manliattan ores 75 84 



Average milling expense, per ton, of Manhattan ores 39 86 



Average yield, per ton, of custom ores 265 10 



Average milling expense, per ton, of custom ores 39 30 



Average milling price, per ton, of custom ores 45 30 



Average profit on Manliattan ores over actual costs of mining and milling. . . 32 75 



Average profit on custom ores 20 15 



Average of otlier expenses, amounting to $80,889 30, on all ores, from Man- 

 hattan mine and from customers, 5,398 tons, per ton 15 00 



The Manhattan Company, like many mining enterprises, has had a varied 

 experience of good and ill- fortune. In the earlier years of development the out- 

 lay for mining and reduction works far exceeded the value of their product, and 

 in May, 1866, the owners found themselves with a mine opened for work and 

 equipped with hoisting machinery, a mill with only a part of its present capacity, 

 and a debt of $180,000, in the shape of bonds issued to cover their obligations. 

 During the eighteen months ensuing, the mine was unusually productive, the 

 net earnings from September 30, 1866, to January 1, 1868, amounting, accord- 

 ing to the books of the company, to $245,355 64, discharging the debt and 

 adding considerably to the equipment and improvements of the mining and 

 milling works; $34,000 having been expended, within that period, in improve- 

 ments and repairs at the mill, and $10,000 on the hoisting works of the North 

 Star and Oregon shafts. 



According to the quarterly returns of the assessor for Lander County the 

 product of this mine from June 30, 1865, to June 30, 1869, amounted to more 

 than $800,000. 



BuEL. — The Buel North Star is the northwestern neighbor of the Man- 

 hattan, on the North Star ledge, having a claim of 1,000 feet in length. It 

 has been working several years with variable fortunes, but of late has placed 

 itself among the largest producing and, probably, most profitable mines of 

 the district. The general features of the vein need no further description. 

 The work on the mine was begun on the outcrop by an incline which followed 

 the dip of the ledge pretty nearly, losing the vein repeatedly by reason of its 



