Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-11-13
LOCAL MINING ITEMS.

Stocks have dropped a little the last
two or three days, but a reaction must
necessarily take place very shortly,
probably during next week. All ac-
counts from San Francisco say that the
money market is decidedly much ireer
and moro confidence and interest OBJ
servsble in mining stocks. There IS
every reason to believe that the old
Comstock is about entering upon a very
prosperous season, and the completion
of the railroad from Carson to this point
is simply another very good reason for
believing so. Thesfaces Of stock deal
ers are considerably more cheerful un-
der the present state of pricesand future
prospects than they were two or three
week, ago. The following record OF
the lowest prices, per share, OF our lead,
ing stocks during the past season, VII.
do very well to compare with the prices
of the present time: Savage, S33; Hale
& N~orcross. $50 Gould 4 Curry, 500
Chollar, Sl3; Ken,uck, Sl32 Yellow
Jacket, sal Crown Point, II; lmpe-
rial, SCI Empire Mill, Sl2.
SIERRA NEvAD
r, 80" IS wbi,e ora deyeloped
u ,len ,e," - h cor ,rsck
IN tue e,,'S Ill 7, "a som. ten or
.e.S.s sun I'd, and has been drif,ed
ivy - ~ .y,e,, of G5 feet, and above
~. 80 co, NJ ,imbers. the ore still
.nm,,~;n, abors that to an unknown
cy,ent. The north end of the vein does
not improve, but below the floor of this
IersI il holds out good future promise.
The main Wine has been continued 80
Co, 5acnar and A drift from the bottom
81 :, ,o,rord the vein has penetrated IS
To-, ,brourh clay. mixed with little
49,. Of onar,z. The pitch of the vein
s.Sax.,o,s.I in the level so feet above,
:. fru- AZ degrees, therefore it will be
an, r.: mi, Iower drift inside OF % feet
fn-,bsr Water was encountered in the
faco Of the drift night before last, which,
e :, sbould increase much, may give u
little trouble, but it is no bad ind'ea-
49,, h. orv means. The good body Of
ore 1T the north side Of the surface
a.au.;,r, and which furnishes the prin-
c;NaI snnnly or die mill at present, has
- 1919 mon AZ feet to the north
ward. and 90 feet southwest with
out finding its full extent in either di-
r~ectiou. Neither is its hight osccrtained,
b.. thers is evidently enough Of 1t In
sigbt 10 run the uill over a year. The
dr;ft from the car track tunnel to con-
NC, with this body BY means of Il
- "a NOW In % feet. The wiGze
III - ho abop. 30 feet deep. The
S.;t, So ,ho cur track tunnel to con-
u.c, similar, with the southwest body
i, comrle,sd. and the winze or raise
rr,m IL commenced. The air shaft
v,b;cb was blocked up BY the recent sur
facc ave is cleaned out, therefore the
ventilation is excellent Throughout. the
,,ine The mill is pounding away on n
s,eadv run. and the usual regular
monthly dividend of the company, 90
Gems per share or So so per foot, was
declared on the 9th inst, payable next
WeSrasa,v.
q, yELLow cKsr
yo,h;,c n~,r,icularly new or interest
inc 10 rs,ort. The lower level, from
Which tho principal ore yield is taken,
ia HACKING we'll, and abou, the same rs
a. onr las, repor,. The WINE, or raise,
from the 500 to the .OO-foot level, COM
nl.,.5 I,s, week. gives q splendid circu-
r,,ion NJ air thronrhou. the entire mine,
nna nrsrar,,ions arc being made to
LARGELY increase the ore product. a
new ore dump is nearly compLetea at
works, close to the railroad track, so
hat the ore can be dumped directly
from the mine into the cars Tor trans
por,a,ion to the company's mill on
Carson River. 4 vast amount OF low
Grade ore IN the TOO-foot level OF the
ola mine. heretofore unavailable, will
Inns be prof,ably disposed Of.
TWIN.
This famous and valuable little mine
at Silver Ctty yIe''s "oU"' ana
nbou, - tons per day are extracted, OF
which IL tons are worked ut the lone
nil Welding from SIS to $50 per tom
Tho other ! tons are worked in Nrrastras
ON Carson River. yielding so per ton
The hosting enS'ns " a., ,rnnsI a,
,he mouth OF the ndit tunnei, NJ
which point an incline follows the lodgs
30 feet in depth, developing n spiena'o
bodv of rich ore between three and four
fee, wide-the size of the vein. In the
main tunnel, 400 feet oeyoeu u . -
oned.
0P'0 OCCIDENTAL.
A., extensive body Of extra rich ore
A" ~. has, aey.loped in he old
mine, at the extreme north Gnu, -
rate. Tho mine generally Is iooS'9s
better than ever, and has ore enough III
SIGHT to last for the next six o. seven
M, re. !, tho main pay streak, but the
indications are excellent and constantly