Democratic Sentinel, Volume 6, Number 7, Rensselaer, Jasper County, 17 March 1882 — Millions Wasted Upon Barren Rock. [ARTICLE]

Millions Wasted Upon Barren Rock.

Half a million a month continues to be spent in barren rock in vain search for bonanzas in the numerous mines on the Comstock silver vein, in Nevada, below an average depth of 2,200 feet under the surface of Mt Davidson. The 5,000,000 daily gallons of water is very hot everywhere below 1,600 feet, and, with a single exception, no large body of paying ore has been found below that

level- At this time combined efforts are pushing explorations with fourfold activity and streaks of quarts are met in the dark porphyry, giving hopes. But the stock market is set back by the theory of Expert James Delevan, vis : “ No bonanzas will be found where the water has so high a temperature and all boring is thrown away.” Scientific reasons are given. Two of the mines have reached 3,000 feet in confirmation of this theory and bottom has dropped out of the mining stock market. —San Francisco letter.