SILVER BRICKS AT THE CENTENNIAL.

Nelson Evening Mail, Volume XI, Issue 80, 21 March 1876, Page 4

SILVER BRICKS AT THE CENTENNIAL.

{From the Sail Francisco News Letter.) Messrs Flood and O'Brien, managers of the Consolidaied Virginia and Californian Mining Companies, announce their determination to represent the product of those mines during the month of. May, at the Centenuial Exhibition at Philadelphia. During that month there will be placed upon these two mines a working force to take J out an amount of ore ..sufficient to produoe ten millions of dollars worth of bullion. Arrangements have been to employ the' Sharon and other mills for its reduction, and in June it will be forwarded to Philadelphia. It will squire fifteen cars of ten tons each to •■iraflflport the silver bars ; there will be .three .ijipusand five hundred bars alto-igetber-^/bne hundred and fifty tons of j3iLvsr brick. These will be exposed M the JSTalional Exhibition as an evidence of .what the Pacific coast can do. fcfuch a speoiacje au this will, we

are quite certain, be a complete and satisfactory answer to the question of tbe permanence of our mines. It will go further than volumes of writing or reams of scientific reports to give assurance of the inexhaustible mineral wealth of our coast. Thiß ten millions of gold and silver, bearing upon it the Mint's stamp of fineness and value, will be the product of thirty days' labor from a crevice in the earth only 1,200 feet in length. It will give such assurance of the vast possibilities of our mining future as to astonish the world. The equal of the Bonauza deposit has never bean found. From the Consolidated mine alone there bas already been extracted twenty-four million dollars. If the California shall, as we understand it will, be put at once to sending forth its ores, the next four months will add twelve million dollars, and if Messrs Flood and O'Brien keep their promise for May, ten million dollars will be added. Then if the two mines, dropping down to their every day habits, shall yield three millions per month, we will have for the balance of the year twenty-one million dollars, so that by the 3 1st day December of tbis year this 1,200 feet of the Comstock lode will have added sixty-seven million dollars to the wealth of the world, and all this witbin a period of three years. In speaking of this display to be made at Philadelphia, we style the bullion "silver bricks ;" it will be understood, however, that the bars contain 48 per cent of gold to 52 per cent of silver. The figures we have made are all within sober probabilities. People from abroad will reflect that twenty-four million dollars have, within the past few months, been taken from the Consolidated Virginia mine alone, and tbat the California, although fully opened and prospected, is still a virgin mine. These mines are now upon the market, their shares selling at a price that gives a little less than oue hundred million dollars as the value of the two mines. ~- *