Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-04-16
Mining Interests.

quarter OF the present year, says:
1.-The period under review has been un.
favorable to placer mining in this State.
What benefit the late rains have effected
remains to be seen; but it is apprehended
that they have been insufficient to furnish
the usual supply of water for the summers
work. The season has been the dryest
for many years, and the great deficiency
of water has curtailed the product of the
placers. This has been more perceptible
in the regions south of US than elsewhere;
and in some localities the emigration OF
miners, who have left in considerable num-
bers for the new gold fields in the Terri
tories north, has contributed not little
to the same result. But notwithstanding
these adverse circumstances, the falling of
in receipts OF uncoined gold from South
ern mines, as compared with last year has
been all together thus far less than u per
cent; which, however, is doubtless il
part owing to the increased product Of
the mills. The northern portions of the
State have suffered less from drought, but
perhaps equally as much from emigration.
The total product from that quarter, ;n-
Guiding Nevada, is nevertheless more than
221 per cent. greater this year than last,
and this gain is attributable, without
doubt, entirely to the mills. Nevada
alone has produced half the excess. The
placers canno. have yielded more than in
he preceding year, and in the opinion OF
most persons have fallen of, Oregon,
Washington and Idaho, which send US,
as yet, only the product Of placers, have
BEN visited with more abundant rains
and shows, and the receipts from thence
have been mere than loo per cent. greater
this year than in the corresponding period
OF 1858. British Columbia OIL the con-
trary, has sent US about l24 per cent. less.
In view OF all the facts before US, We
deem it no: improbable that the aggrega c
results Of placer mining on the Pacific
Coast this year thus far are nearly equ
to those Of the proceeding, but upon tt S
point we cannot speak with assurance, Is
our record of receipts DOGS 10: discrim.-
nate between the product Of the place:s
end the product of the mills; and the large
increase of the later may possibly conceal
grea:er deici;ncy o. the former than We
hava supposed.
Willie The n.ildaess of the season has
boen adverse to one department: Of our
mining interests, to another and more i'm
por ant i! ha; thus far proved propi:ous.
The work of explora; ion has been carried
on with grsa: vigor during almos: tn: IN
tire winter, and much preparatory labor
ha, been performed for immediate produc-
tive operations. Many valuable ledg2s
discovered la,. fall hay. b,cn 20 far pros
p.c:ed as to establish their meri:. New
mills have been e:ec:ed, o:h2rs are in pre-
cess OF const. uc:ion, old ones have b.en
improved ani adapted NOR, pe:t!cly, as
is tupposed, to the PECULIAR les OF the
or S TO be reduced; and thus the lessons
of experience are bling turned to account.
The amoun: of mining machinery now
under order for new mills projected and
to b. put in operation the ensuing season
il 20 grea: as to keep our leading toan-
dri.s fully employed; and liz: establish
mems in the interior are also pressed with
work. Tn, more no:cd mines in Nevada
Territory have increased their vi. Id. The
Gould & Curry, during the past three
months has sent to this marke: Slr525.-
6s4 in Silver Bullion, an amount unprecc.
dented in any lik, period Of its history.
The Ophir, III: Savage, the Empire Mill
and Mining Company, the Mexican, Potosi.
Yellow jacket, Uncle Sam, Crown Point,
Belchar, and all the claims in Gold Hill
proper, together with others OF lesser note,
are doing well. Evln some whose rcpu-
tation not long since was entirely ec!!psed
are again challenging publ: favor with
new evidences of value.
The LIST of div;d:nd-Psying mines Ia,
incrt ased since the beginning OF the year,
and there are others which have hitherto
been a burden to stockholders, and are
no: yet dividing profits, but kave reached
degree of productiveness tha: pays ek-
penses and provides the means for future
Improvement. The di,couraging views
entertained by some persons III regard to
the number OF paying mines are not Alto
gether well founded. That there are many
worthless claims and vast amount Of
bogus stocks on the market ia true. and
and the public have good reason TO be OIL
their guard; but there are hundreds OF
paying claims of which little or nothing
i heard or known except by the parties
Immediately interested. They have no
shares OIL the market, no notices of div!-
dends; the owners in fact study secresy,
and 90 on quietly and unostentauously
piling up their accumulations. Some who
possess capital have their own mills 9th
ers employ custom mills to reduce their
ores; and others resor; to more rude and
primitive means Of working, content 20
wait until they shall be enabled from their
own gains TO procure more efficient ma
chinery, and unwilling to part with any
portion of their rich claims as subsidy
to capitalists.