Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-08-28
LOCAL MINING ITEMS.

That stocks have been particularly
dull during the past three or four weeks
is quite evident to everybody. There
are various causes given for it besides
the stringency Of the money market.
George Francis Train, who thinks be
fully examined and closely criticised the
entire resources Of the Comstock and
the State Of Nevada during the past two
or three days he has been eating oysters
and clarifying himself at Virginia, de-
clares that mines are worked out
and impending ruin is hanging over our
heads ; that q financial crash is culmi-
mating, and ia Ave or six weeks will
burst overwhelmingly upon our devoted
heads. He is n humbug Of the first
water, and cannot see any further be-
yond the end of his uose than interested
parties allow him to do. He knows no
more about mining than a gopher, nor
half so much. The mines Of the Com
stock will still continue yielding the
present gratifying amount Of bullion,
and even to au increased amount, long
after his poor added brain shall have
ceased to give forth occasional traces Of
common sense. Speaking of financial
and stock matters the San Francisco
Herald Of the Goth instant says: The
assessment of SIS a member called for
by the San Francisco Stock and Elk.
change Board, is not an evidence Of
the dull state Of business in the Stock
Board for the past month or two,' but
testimony to the generosity Of the
Board, the amount called for being re-
quired to supply a deficit consequent on
donating 81, 900 to the relief OF the suf.
ferers by the Gold Hill calamity, and
another suu, to the family Of q deceased
member. The Secretary certiies that
the aggregate Of transactions shows no
falling off,"
YELLOW JACKET.
Slow progress is made 10 cleaning cut
the old north shaft, owing to the great
drainage Of water into it from all sidet.
There are still about 80 feet of mud and
debri, TO get out, but as one tub con-
s,sutly going cannot keep the water
out, it is only occasionally that o tub OF
dirt is raised, hence the slow progress.
/, will be a couple of weeks yet before
they will be able TO get into the iOO-foot
station. We have nothing new to re-
port relative to the ore yield Of the
mine.
HALE L NoRcRoss.
The repairs to the shaft being nearly
completed, the raising Of orc from the
lowest level is resumed, giving an in
creased product to the mine. The
weld is about lilo tons per day, prin-
cipally from the 4th station level. the
800 and the l75-foot levels also yield
well. A winze is being sunk below the
4OO.foot level, which is in a streak OF
excellent paying ore three or four feet
wide.
OCCIDENTAL.
The old mine yielding as usual, and
everything working satisfactorily. The
published report of SIS per share being
levied on the capital stock was n mis-
take. No assessments are levied or re.
ouired. The face Of the lower tunnel
shows still more marked indications the
las, two or three days Of being close to
the ledge, more streaks Of quartz being
encountered, with traces Of ore.
ovERMAS.
This mine shows n gratifying increase
of production, yielding now at the rate
of nearly so tons of ore per day, worth
S25 per ton, which may be considered
high grade ore for this mine. Within
its capacious depths are also contained
extensive bodies Of low grade ore,
which will be brought into profitable
requisi,iou at no distant day.
IMPERIAL-ENPIRE.
The repairs to the shaft being con-
cludcd, drifting southwark at the 1850
foot level is resumed. The upper Levels
continue their regular yield OF ore.
The sale day for the delinquent assess
ment Of SIS per shars on the Imperial is
September sth.
BULLION.
No ore or very good indications en-
countered as yet, even at tho lowest
levels, where the mine continues per-
fectly devoid Of water. Another assess
r,ent Of $40 per share, agSregaung
S25, 900, was levied on the 2lst instant.
GOULD 4 CURRY.
The drift eastward from the 9TH sta
ton is in q little over 80 feet, and good
further progress is made. No quartz is
vet encountered clay and porphyry.
only. The regular yield Of 40 tons Of
S45 ore per day is still kept up.
sIxRRA.SEvApA.
Everytbing about the mine, mill ana
management progressing very satisfae-
torily. The present run Of ore made IS
expected to turn out well. The second
cleanup for this month will be made
next Monday or Tuesday.
cHoLLAH.
Yielding about 225 tons OF $50 ore
,er day, mostly from the Blue Wing
stope. The Grass Valley section also
shows good ore improvement, both IN
quantity and quality. The New Tunnel
also shows excellently.
OBSERVATION-DISCLOSURES.
Nothing new developed in the way OF
large bodies Of pay ore. An assessment
of SIS per share fell delinquent last
Tuesday.
No new or encouraging Developments
in the tunnel. The Assessment. $40 per
share fell delinquent on the I'D instant