Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-07-24

Number Of tons mined during the
year, 1925; reduced, 69,3769; sold,
So; on hand, 3,S65t. Cost of produc-
ton, 81 81; reduction, STA 04-total
cost per ton, sol 95. Average yield
per ton, SAL 81.
Hale & Norcross is quotablc, NJ the
close, at $4,000 asked. From the LIST to
l4th instant, l,4l2l tons of ore were re-
duced, the 65 p cent. assay yslue Of
which shows n yield Of $50 5000, equal
to SAL per ton. The shaft, on the l4th
instant, was 53+ feet in depth.
Grown Pointrapidly receded from Sl,-
1870 to $3.50, rallied to $1,000 and closed
yesterday at Sl,2l0. From the Super
intendent's statement for the week end
ing July 18th, we learn that 742! tons
of ore were shipped to custom mills, and
in the same time $50 tons were extract
ed from the niue, the IS per cent. assay
value OF which showing u yield Of S24,-
TO in bullion, equal to S29, sS per ton.
The ore obtained from east drift aver
aged about SIS per ton, but that taken
from the west workings reduced 1t to
the above general average. The west
drift on the 500-foot level has been car
ried forward lie feet, and the East lode
on the same level, has been opened,
north and south, l07 feet. The cross
cut from the lode is in IL feet, and the
east drift from the 600-foot station has
attained a distance Of 90 feet. 1t is re-
ported that there is some improvement
in the north end Of the east lode on the
500-foot level, but that the south end
remains about the same. The IS %
cent. average assays Of ore mined with
in a few days past show n yield of 500
and S42 to the ton.
Yellow Jacket shows q further de-
crease in price since our last refsScnce,
having declined from S940 to 500, re-
covered to 5000 and closed at SS75.
The ore at the north has been decreas-
ing for some time past, and the general
appearance of the mine is not SO tiatter-
ing, yet there is no real cause for the
sudden decline in the stock.
Gould l. Curry has been quite active,
opening at S7oO@74o, receding to $3.50,
improving toS775, and closing at S725.
In the south drift, fifth station, a body
of quartz has been cut this week, being
the first found In the vicinity-true,
there was no ore found, but this quartz
may be regarded as the advance guard
of a probable ledge. The mill will be
running in August, and u sufficient guam
tity of ore has accumulated, and will be
mined, to insure II steady work for at
least nine months, and in no event need
an assessment be expected during that
space Of time.
Kcntuck opened at $500, fell to $500,
advanced to S4lO, and closed at SAILS.
The receipts Of bullion for the current
month to the 18th amounted TO SAL
632 80; in June, from the lst to the
18th, the returns sum up S45 800. The
receipts and expenses, it is thought,
will no vary much from last month.
Chollar Potosi declined from $3.50,
seller 80, to $500, gradually. advanced
to S425, and closed at $3.50. No i'm
p~ortant change to note in the mine
since our last issue. Amount of ore
sent to custom mills from July 5th to
Ilth, 2,l863 tons.
Overman since date of last review,
fell from S22o to Sllo, aud at the close
sold at Sl7o. We learn Of nothing dis
couraging from this claim. They are
now extracting about so tons ore per
day, aud since our last issue nearly So
900 worth Of bullion has been received
at the office in this city.
Imperial receded from S2l3 to Sl82-
so, and sold on 18th at $500. This
company has received about SIS, 900 in
bullion from the Is, to the 18th instant,
being within a fraction the same amount
as returned in a like period in the pre-
vious month.
Ophir opened at 5000, and dropped
to 5000, improved to'S267, and closed
at $3.50. There is some talk about
sinking a new shaft on @ street. We
have nothing of Importance regarding
recent developments in the mine.
Belcher declined from $3.50 to S2l0,
advanced to $3.50, then sold at $3.50
$40, and closed yesterday at S3l5.
Empire ruled uniformly at $3.50.
Confidence sold al. S5596o.
Bullion opened at S36, dropped to
$40, improved to S34, and at the close
.soldat Ss2 so. hf,ima
Segregated Belcher sold within al
range Of Sl2@s, and closed AZ Sll.
The foreman Of the mine in q letter
dated the 18th instant, states that be 10
L.. AZ. lii $40 Gan ~ fhA