Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1868-05-26

The main breasts throughout the mine
continue to look very we'll. The pro-
duco would have been larger but for
some delays. Tho Potosi chimney con-
tinues as good rs ever; it has yielded
10 tons Of frst.class orc during the
week. There is material Improvement
in tho fourth station, south mine, and
in the north mine, Same Lowell, We are
getting more ore as we raise up. Pros
pccting will soon DO resumed toward
tho north limo. There is no change in
the north drift, fifth station ; Il still
shows spots Of motal. In tho south
mine, Same level, the drift is in excel
lent ore, and the breasts Mt foot Of winzc
from fourth station are looking better.
The shaft is now down SO feet. Next
week VIC shall put in the station timbcrs
for 9th station. Both mills are running
finely" The bullion received on May
account aggregates Sl04,400.
Chollar-Opened ut S24s-soller 10
declined to 5000, and closed at S2Oi.
Tho report Of the Superintendent for the
week ending May 10, Is rs follows Gao
tons Of orc were extracted during the
week, coming from tho following points:
Blue toni
Belyidcrc tons
Sent to Mills. tons
Bullion-Opencd at sos, declined to
S47, and closed at $50. They arc now
engaged in running a drift from the bot
tom Of their main shaft, at a depth OF
l, 200 feet below the surface. The Bull
lion shaft is the deepest east of the ST.
crrn Nevada mountains. In the drift
not n drop Of winter is met with. Tho
rock through which tho drift is being
carried is almost as dry rs q bono, and
is very closc.grained and solid. While
there is much water in the upper por-
lions Of the mine, with rock in which it
is difficult to mine on account OF its
broken, shaky and dccomposcd nature,
below NIL is dry, solid and safe.
Imperial-Was dealt in to but n fair
extent. Opened ut S225, declined to
5000, and closed at $l95. The latest
information we hayo states TINT the
party who had taken the contract TO put
on new brakes, so rs to prevent mishnps
hererftcr, had got to work and expected
to have it completed by the morning of
the 9th.
Oycrmau-Opcned at $ll3, declined
to $40, advanced to $50, and closed at
S72. An assessment Of $50 per share,
aggregatipg $4,000, WINS levied on the
18th inst. Tho product of 2, ZOO tons Of
orc crushed in April was $37 200. Bull
lion received during the week, ST.
SCI 7S.
Grown Point-opened Mt Slls, de-
clined to 500, advanced TO SIG, and
closed Mt SlO6. In the east cross cut,
800 level, they have struck clay, and in
tho south drift, same level, m improve
mcnt in tho orc is noticed. The shaft
Is now sunk IL feet below tho 800 level.
$63 1856 AZ has already been received
on the May account.
The American is the namc Of n new
Company, which intends to increase Its
capital stock to 81, ice, 900, and will
soon DO placed In the market. There
are 1000 fect, and four shares to the
foot. 1t is located on tho ground Of tho
| Old-North American Company.
Gold Hill Quartz-0pened ut Sl229-
seller 5-dcclined to sos, closed at Slo5.
| The product ofless than 100 tons Of ore
crushed was Sl,72s. On tho new body
Of ore in the $50 level they have not yet
commenced to work.
Hale 4 Norcross-Since the division
| Of this stock into 20 shares to the foot,
more speculation 10 It has taken place
than before. IT opened at SIM, de-
clincd to SllO, advanced to Sl27, and
closed ut $105. Tho receipts for April
sum up $S4,344 &C. Tho drift in the
1880 Lowell is in from the shaft ITO feet.
| The body Of ore lately discovered in the
bottom Of the winzc is about four feet
In width, and Of fair quality. They are
retarded somewhat in their operations
at this point by water. .rgnage
Notwithstanding at $3.50, declined
to $40o-sellcr 30--snd closed,a at S4o5
seller 80. The bullion received so far
on May account Is S44,l76 &C:
.0phir-Has ranged within Sl7o@l55
during the week. The present depth Of
the shaft is about $50 feet.
Empirc-Declined from $3.50 to $3.50,
and closed at 5000. The news of the
Imperial will Happily to this mine.
Cole-Has been dealt in at Sl6@2o.
Thoy have drifted on o very narrow but
extremely rich vein of ore.
Gould L Ourry-0pencd at $50, do
clined to $325, and closed at S4l5-
buyer 80. On the 10th tho shaft was
freed ofMater.
Segregated Belchcr-An assessment
ot$6 per share, or $24o per foot, was
levied on the-l5th.
Tho Xxi Mining Company, (Markleo-
yille,)-hayo levied an assessment OF
81 so per share.
The annual meeting Of the stockhold-
ers of tho. Bacon Mill and Mining Com
pany will boz held at the office of the
Company on Tuesday, juno I'd, Mt IL
O'Clock n.
Yellow Jaekst-Dcclined from $1,37o
-knysr Soto $3.50, again advanced
70 Sl,llo-buyor 3o-and closed at
5000.