Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-06-26
THE EVENING NEWS.

additional Information Soueetu'"S su's
mine, which has been attracting so
much attention lately: "Oyerman has
been the feature Of the market since our
last reference, and underline strange &C
ton Of \ majority OF the TRUSTEES sold
at extremely f%uctuaiiug rates. Some
1900 shares changed hands in the
Board within 4 range of $1,000 $50,
closing at 5000. Rumor has it that the
majority the Board of Trustees are de-
sirous OF over-ruling the wishes of the
stockholders in regard to the develop
ment of the mine, and for this purposes
they passed a resolution adjourniug the
annual election to October llth. This
resolution is thought to be illegal, and
the President makes the announcement
that the annual meeting Of the stock
holders will be held on the 18th of July
the regular time, when the stockholders
will have the right TO take action in the
matter. Mr.. Mccullough, the Superin-
tendent, recently placed in charge, and
through whose management the late
favorable developments were made, has
been removed by the Board-an unex-
pected movement, so far rs the MAORI
~ OF the stockholders are concerned.
From the very elaborate report Of {. A.
Luckhart, mining engineer, we learn
that the ore found on the 400 foo level
from the Overmau shaft, where 1t has
been explored northward, has opened
GU; 10 tweuty fee, in width. Il has
been worked sixteen fee; up and twenty
Ave feet north aud south, and II Is II
that the western bouudry has not yet
been reached. /; is estimated that the
ore will mill about S+5 to the ton. The
explorations southwark are equally IA
vorable, disclosing "a four foot seam.
The report concludes as follows: 1.-The
fact of the mine having four excellent
exits, will greatly facilitate all explora-
tions now undertaken. and IL the two
ore courses now known TO exist should
in reality hold rs good as believe them
TO be, | do not exaggerate in saying that
the company has before it AZ leaS, twelve
months OF lucrative mining operations
He estimates the average product OF the
mine. for II year 20 come, at 100 10 10
tons per day.
FROM SILVER BESD.-Our townsman,
Samuel Hyatt, Esq, returned from Bel
mont. Silver Bend, this morning, after
an absence Of several months in that
locality. Mr.. Hyatt speaks very highly
Of the present and future prospects OF
that region Of our young S,ate-and
strongly intimates that il will be one Of
the richest sections of the State ; and in
proof Of which, he has brought in with
him quite y number Of very rich speci-
mems from At least half II dozen differ
ent silver lodges, located in the vicinity
Of Belmont. We examined several OF
them. and on u superficial inspection,
we would certainly judge them TO be
quite rich IN precious metal. Mr.. Hyatt
SAYS It is II mistaken opinion which
seems TO exist among people on the
Comstock, that the Highbridge is
the Only ledge about Belmont. He says
he personally examined ~ Leaf half a
dozen other lodges rs rich rs the High
bridge, as far as developed. Another
wrong impression, says Mr.. Hyatt, is
abroad; and that is, Instead oftE Lodges
being razor-bnck shaped, they are from
ten 10 eighteen feet in width. The
Combination C%ompany's ledge is that
wide, and they have a shaft one hun
dred aud twenty-five feet in depth, the
ledge having fue. well-dehned walls.
At that dep;h, the workmen struck wa
ter, and were prevented frcm going fur
Their down. Steam hosting works, with
pumps, and also u large quartz mill, are
now on their way out from California,
for this company, and, rs the fouuda-
tons, heavy timbers, etc, are now be-
ing in course Of construction, it will not
be long before the new works will De in
full operation, and "big money will
be shelled out in the way of silver
bricks. II affords US pleasure 10 pub
lish such cheering news from that nth
sr,o barren wilderness section of the
Great North American Basin.
Crown Polyr MISE.-Iu the Stock
Board, San Francisco, up to Saturday
noon, Crown Poin, has sold at fuctuat-
ing rates, declining from Sl,sTo 10 ST.
800, advancing to 81, 1925, seller 3, then
selling at s l,s25, and closing yesterday
at $3.50. We are Informed that the
general appearance Of the 500-foot level
looks better than the previous week.
The Wine recently started on the east
body of ore, 500-foot level, has been
carried west OF the ore, on account OF
the hardness of the rock, and the inten-
ton is TO reach the vein By cross-cuts
il is now ten feet in depth. II IS ex-
pectcd tha, a sufficient depth will De at
tanned in the shaft the present week to
open the 600-foot station.
MrRpER TRIAL.-Johu Millen, the
iear,less murderer OF Julia Bulette, on
the goth of last January, in Virginia
city. was put on trial this morning, in
Judge Rising's Court. Witnesses have
been examined, and ere the ink on to-
DAYS News is dry, he will no doubt
have heard the verdict of the jury
equity" |, is, indeed, a poor dog
who has no friends; and if this "stran-
gler" has any in Storey county, we have
yet to hear Of me.
INTERNATIONAL SALooN.-Johnny Pidge
and kentuck have bought out Cnar-
lev Whites saloon, corner c and Union
streets, Virginia, and announce their
determination TO run II first class estab-
lishmeut, maintaining fully the reputa-
ton OF the house. 4 fine lunch will be
served every day, from half past II till
o'clock P. ". You can rely upon get
ting first class liquors At Pidge's sane
tum, and they will! DE dealt out to you
With incompatible sauvity by little Jim
Gray and charming Byron Brad,.
Srocxs, Erc.-In the San Francisco
Stock Board, last week, the aggregate
sales Of stocks, legal tender notes, ETC.,
since Saturday Of the week before,
amounted to S~l,7lo,3l6.
DIYrox.-The Rev. o. ". Whitaker
will oficia,e and preach in the Methodist
Church this evening At 8 o'clock.
AccoucHEuR.-See advertisement, or
second page, of Mrs. Helene Jones, who
has Offices in Virginia and Dayton.
BuItIoy.-vau Wyck / Co., Colo
Hill, received this morning for melting
.nl a,,o, GA ouncas crude bullion.