Reports Upon the Mineral Resources of the United States Electronic Resource

Cover Reports Upon the Mineral Resources of the United States Electronic Resource
Reports Upon the Mineral Resources of the United States Electronic Resource
Browne John Ross
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2 4i 5 41 2i 6i N 2| Yellow Jacket do . .
7CO 580 590 945 722 630 730 770 685 682 Baltic . Do Sacramento . . Do Lady Bryan do Imperial do . .
ICO 104 94 94 94 90 95 % 84 82 Crown Point . Do 9UO 700 850 875 925 950 935 880 825 875 Belcher do . .
162 170 155 130 149 108 125 120 115 94 Alpha do .
206 100 95 50 115 120 103 80 Confidence do..
55 50 51 43 59 4i) 55 De Soto do 3-i These tables cover but a comparatively shot period and do not show the more extreme and violent fluctuations that took pla
...ce during the earlier periods in the history of mining speculations. Thus in the earfier part of the summer of 1859 the Ophir ground could be bought for one hundred dollars, and the Gould & Curry for three dollars per foot. In less than eight months the former had risen to $1, 000, and the latter to $600 per foot, and though the Guold & Curry stock, owing to assessments, and the fact that no ore was being taken out, fell during the summer of 1861 to $200 per foot, we find that less in than- two years from that time it was selling currently at the rate of $5, 000 per foot, and again but one year thereafter for less than $1, 000, and though it subsequently rallied somewhat, selling in April, 1865, for a little over $2, 000 per foot, it can at the present time be bought for about one fourth that sum; nor is this an extreme case, most of the other claims on the Comstock ledge having undergone similar vicissitudes, while some at Gold Hill have fluctuated still more widely.

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