Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-01-11
THE EVENING NEWS.

buc hACeislOl mine on American fldI We
find In the Enterprise Of yesterday =" The
claim was located about the middle Of las,
July and contains 800 feet. The company
claim three parallel leads and have been run
ming a tunnel for their development since the
lst Of last August. This tunnel has passed
over the top Of their first lead and is now in
distance Of 40 feet. They are now about
striking their second lead. They have Just
passed through streak of red clay which
stands at an angle of about +5 degrees, and
have entered stratum Of porphyritie rock
standing at the same angle and containing a
very large amount of iron and copper pyrites
In places, this stratum, which is of dark
green color, is streaked with small veins oi
Quartz. These appearances would seem to
= indicate that n lead is not far off. The streak
they are now in has every appearance Of be-
ing we'll defined casing to large lead II
the rich veins Of Gold Hill follow the curves
of the hills, as many suppose, this claim Is
well located for cutting across their range.
The east side Of the hill, into which the COM
pany's tunnel is being driven, is Of red,
burnt appearance, and the presence Of large
lead is plainly indicated. We think the Ex-
celsior company stands as good chance OF
striking a valuable mine as any other IN the
vicinity. They are now just on the eve Of
NIrlklllN 4 LestQ OF SOult hlAO"eAdl II Will
prove to be it is Of course impossible for any
one to say. The rock through which the tun-
mel is being driven is very easily worked.
Thus far they have not found blasting neces-
sary: They have not allowed the work to
stop for 4 single day since it has commenced,
and intend to keep the work going in the
same style till they have reached their third
vein, which they viii steike at considerable
depth below the surface. B. S. Nichols is
the Superintendent Of the nine"
GOLD HILL MINING SrocXs.-The trans
actions Of the week ending Saturday, Janu-
AIRY 9th, showed better feeling in mining
stocks generally, and in those of Gold Hill
especially the transactions were more nu-
merous and ut better prices. In the WaShoe
Stock and Exchange Board the sales Of Gold
Hill stocks for the week were as follows: :
Five shares Baltimore American, at $40;
sixty Of Crown Point Ravine at $40 to Sl5 !;
thtrty-four Of Diligent, at S3to S3 30; twen-
ty-eight Golden Swan, at so; ten OF Gold
en- Horn, at Sc to 81; ten of Justis, at SllO;
ten of Hawkeve, $50; fifty of Kentucky, at
81; ten of knickerbockcr, at So; ten Of
NarraranSett, ut 81; twenty-five North
American, at S75 TO SS7; fifty OncotO Con-
Snldatcd, at 81; twenty New Oregon, at
SS5 80 to So; ten Rock Island, at So % 10
IS; showing 4 marked advance on the rates
Of the preceding week. In the San Fran
cisco Board the transactions In Gold Hill
stocks were: Five shares Bclcher, at 81 go;
ninety-frc shares Bullion, At prices ranging
from S65 to So, and closing at SO; one
hundred and twenty-five shares Baltimore
American, at $50 to $40, closing at SS:S1 80
forty-ive shares Baltic, at $50 to Sl65;
fifty-four shares Caledonia Tunnel, at S.2S 20
ScSl fiftv-shares Golden Swan, At S3I 80 to
SScS9; thirty shares Knickerbocker, at so;
seventeen share KehOe, at S25 two hundred
and for:y-fve shares North American at
prices ranging from S73 to $50, closing at
SIS; FIVE shares Nevada (Justis), at Sis;
twelve shares Overman, at $50 to $50;
fourteen shares Union, At $40. On the
whole, the week was an animated one, and
the indications are that the coming season Is
to be one of unprecedented activity.
AMERICAN FLAT.-The excitement about
the mines Of this district, particularly those
on and near American Flat, is unabated, and
causes quite Il rush of visitors from Virginia
and elsewhere. Gold Hill is crowded for
elbow-room, and can only spread herself in
the direction of American Flat, and the own
ers of ground in that locality, forcseeing the
probability Of i large population at no dis
tant future, are making preparations accord
ingly. They have had town surveyed and
n plat made of the same, TO be called Ameri
can Citv Bad taste, and very silly that
notion Of lacking city" on to the name of
every projected town, which as soon as ever
the place attains any size is always dispensed
with. We understand that town lots are
already held at high figure. There are con-
ficting claims to the ground upon which the
new town is laid out, and there is n likeli-
hood Of buying lawsuit Just at this juno
ture, which viii deter many from investing
in lots at present or until the title is settled.
The great number Of claims in that locality,
which are daily reaching state Of deyelOpe-
ment. establishing the fact of the richness of
the lodges beyond all question, is bound to
attract a large and permanent population, and
the building of a large town on the spot Is an
inevitable fact
NAsRAGAxsETT.-The claim of the Nara
gansett Gold and Silver Mining Company is
situated on American Flat, immediately west
of the Globe, and adjoining the Lee on the
north. The company claim six hundred feet
of ground. They are sinking double shaft,
and at depth Of only TWENTY-FIVE feet have
struck a spur Of very good looking rock.
They expect at a depth of twenty-five feet
more, to strike the main ledge. The stock
of the company sells readily at 81 per foot,
but most of the owners hold 1t at much
higher figure. The company was incorporat-
ed November 18th, 1853.
MORE MINING DIscoSERIEs.-It would
really seem that there is hardly square foot
of all our vast Territory that is not rich in
hedges Of silyor and gold. Not long since an
exploring party under the name of the :" An
des Exploring and Mining Company," left this
place for the vicinity Of Pyramid Lake, and a
portion of them have Just returned, including
the Superintendent, Mr.. A. Baldwin, an en-
ergetic and capable young man, who informs
us that the expedition was successful to a
degree that is more than satisfactory
AxoTHER!-A drunken man, about four
o'clock this morning, went into the new res
taurant on Main street, Gold Hill, nearly
opposite the Eclipse stables, Hourishing a
loaded pistol at the inmates, who were sitting
bv the stove, one Of whom told him to desist,
vixen he made rather serions demonstra-
tiIS with his weapon BY pointing 1t directly
at the person, who, in self-defense. drew a
knife and inflicted a cut in the arm Of the
other, which brought him to his senses.
MAN STABBED.-A man was stabbed last
night at the gros-shop on the Divide, between
Gold Hill and Virginia, by another person,
who cleared out as soon as he perpetrated
the deed. The man who was stabbed re-
ceived two deepi cuts, one in each shoulder.
His physician says he Is seriously injured
The wounded man was engineer at Darsts S
mill, in Gold Hill. The police are after the
would-be murderer.
MARYsyILLE QUARTZ MILL.-This quartz
mill is situated little below the Empire.
1t was built In the fall Of sixty-one, and has
been in successful operation to the present
time. 1t has nine stamps and thirty foot
pans, and crushes, upon an average, one hun
dred tons Of ore per week. The engine is
twenty horse power, consuming four cords of
wood per day, and using three inches of