40 
Mines and Mineral Statistics. 
opei’ations tlironghout the entire year. The working of this 
mine, ])oor as it may be, is productive of enormous advantage to 
this District, where reefs abound in every direction thatj it effi- 
ciently worked, will yield from five to ten pennyweights of gold 
per ton, and those who desire to do so can learn at the Dayspring 
workings how to make such reefs pay lor the cost of extracting 
the gold, that is, pay wages and other expenses and leave a 
small margin for ])rofit. The Day.spring Company has crushed, 
between the 1st of January and the 31st of Decembei’, 1874, 
5,674 tons 13 cwt. of quartz raised from a mine 250 in depth 
and taken from a lode 2 feet _6 inches in thickness, im'ested 
hy bard blue rock, and requiring to be removed by means of 
blasting powder ; this stone produced 3,158 ounces 3 dwts. and 
6 grains of gold, worth only £3 7s. 6d. per ounce; the average 
yield was 11 dwts. 12 grains per ton. The hardness of the 
investing rock and the narrowness of the lode necessitates an 
unusually large expenditure in working this mine. The entire 
cost of raising and crushing the stone and extracting the gold is 
£1 11s, 2d. per ton, the value wdien obtained is £1 ISs. 3d., 
leaving a net profit of 7s. 6d. per ton. 
As the Dayspring is a fair representative of the reefs in the 
District, it is here made manifest that these reefs and veins can 
be profitably Avorked by co-oioerative companies of working 
miners, provided that they are sober and industrious, and manage 
their affairs with economy. 
3,293 ounces 3 dwts. 6 grains of retorted gold, the produce of 
the Dayspriug and Ben Nevis Beefs, have been remitted to 
Sydney by Escort during the past year. 
The produce of the Billabong Grold Eield was — 
Transmitted hy Police Escort 
between the 1st of January 
ozs. 
dwts. grains. 
and 31st December, 1874 .. 
45,495 
7 
14 
Held by the Commercial Bank- 
ing Company, Parkes, 31st 
December ... 
2,402 
2 
14 
Beceived by do. do. np to 
12th January, 1875 
625 
18 
20 produce of 1874. 
Held by Australian Joint 
Stock Bank, Parkes, up to 
3l8t December 
615 
13 
0 
Beceived by do. do., up to 
12th January, 1875 
522 
4 
4 produce of 1874. 
In private hands and trans- 
mitted by private convey- 
ance sundry times ... 
1,500 
0 
0 
Total produce 51,161 6 4 
