Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-01-29

LARGE AND SMALL MINING CLAINs.-In
early times in this country, says the Eater
prise, the majority Of the claims located were
very large, many Of them containing, four,
five and six thousand feet. After time It
was thought to be diSadvar tage to have so
many feet in one claim, and small claims
became the order of the day. We have heard
men saw that they would rather have two
hundred feet in claim than more, but the
time has now arrived when We can begin 10
see the advantage of big claims. Small
claims are well enough while all the work is
on the surface. When we go deep we can
see the advantages of having large claim.
Surprising Us TO have a claim on lead of
l55 feet and that We find it necessary to erect
hosting works and sink a shaft 500 feet in
deuth, now we have, after going to all this
trouble and expense, but IS fOet Of ground on
either side Of our shaft to work out. Did
the claim consist of 2, 900 feet, We would have
some room to work, and having got down
500 feet on our lead could bring the ore from
ouI 1000 feet Of ground on either side OF the
shaft about as easily as from 70 feet. When
n claim is large there remains vast body
of ore on either side of the shaft afteI It has
reached the greatest practicable depth, that
nav be SO easily and eheaply extracted tina:
it appears almost like so much clear proht;
on the other hand, when there is but hfty or
seventy-6ve feet Of ground on either side of
the shaft, il is generally worked out as the
shaft progresses downward, and when
further depth cannot be attained all the
hoisting apparatus, tTmberinS of the shalt
and other works are useless and are lost.
Where heavy and costly machinery Is erect
ed and deep and expensive shaft sunk, the
company doing this work and exdending the
money should, to make their mining eco
nomical, have at least 1000 feet OF ground.
Where lead is cut up into small claims, 1t
appears to us that it would be good economy
for several companies to Join together, and
instead Of having six or eight shafts and as
many hosting houses filed with expensive
machinery, have one large, well-timbered
shaft, and one heavy and well-constructed
set Of hosting apparatus. We are satisfied
that this plan will be adopted as soon as it
becomes necessary to work at great depth
on our leads.
COMMISSIONS on STocK. The Washoe
Stock and Exchange Board have established
the following rates of commission on stock
sold by the members of that body: From 81
up TO $40 per foot, the sum Of fifty cents is
allowed; from $40 to $50, one dollar; from
SO to 800, two dollars and fifty cents from
500 to 800 per foot, FIVE dollars; from 500
10 $500, seven dollars and fifty cents; from
81 900 to 81, 800, twenty dollars from 81 800
to $1,000 per foot, twenty-five dollars; from
5000 to $1,000 per foot, thirty dollars; and
above $1,000 per foot, one per cent. Any
member infringing on these prices is liable
to pay fine of 500 for the first ofenSe, and
a repetition is punished by expulsion. These
rates of commission, and the stringent rules
adopted to prevent members from charging
exorbitant prices, are intended not only fur
the protection Of outside dealers, but also to
prevent the Stock Board from becoming de-
graded in the eyes of the public, and being
looked upon as company Of sharpers, whose
only object is to fleece the hapless individual
who is so unfortunate as to put any business
into their hands.
SrASeRooN Co.-This company had a
meeting and elected B. S. Nichols President
and Superintendent, and VIM. +. Hale, Sec
rotary. The company is now incorporated,
and work is proceeding with "neatncss, ae-
eursey and dispatch