Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-09-11
LOCAL MINING ITEMS.

Stocks generally are a little 6rmer at
present, with an advancing tendency,
based on better appearances, produce
ton and developments in most of
the principal mines. According to our
critical judgment, the prospects OF near
ly all the mines along the Comstock, as
well as outside mines in this section,
ace materially better than they have
been for months past. which idea will
be fully confirmed by the greatly in
creased bullion production. before next
spring, premonitions Of which may be
realized even now by the excellent ship
men,s Of the past week.
YELLOW JACKET.
The mud and water is reduced in the
old north shaft to u little blow :he cap
timbers Of the 100 foot level, and with
present progress the track floor Of that
level will be seen about the last Of next
week. The south mine yields some 200
tons of good ore dnily, aud the Yolo tun-
mel. in the surface workings Of the north
mine, about 40 tons per day Of lesser
grade ore. The principal ore pro-
duction Of the south mine is from he.
tween the 500 aud 9o0-foot levels.
During the year eudiug June 80, 1869,
the receipts Of the Yellow Jacket
Mining Company were 81 1864, $50. in
Guiding 81, 76l, 3l4 from bullion $751;
es4 ore sold Slos.9ss Morgan mill
profits ; S5,O27 hosting ore for Kentuck
Company; $50. 1873 miscellaneous S4s,.
249 balance per last report. The disburse-
mem. amounted TO So. 2l5,45s, embrace
ing S72o. 900 dividends Nos. IL, Is, l6
and IT; S5l4.3l2. crushing ore at out
side mills S332, COL crushing ores ut
Company's mills SIT, 2ss labor; $780,
sc2 niue supplies; S65.32s timber
SCI, 0sl wood $50, 5si working tailings
at Compnuy's mills /; S34,67s improve
men,s {; sal .6sI a~ssaying, discount on
bars and NIX. The assets show Slo.2S2
mine supplies on hand, and other items,
making a total of Sll.3T4. The lIubil-
tiles include Sill $50 due on sundry &C.
counts, and S25O.559 due Bank Of Cali
foruia. Since then, however, with the
aid Of an assessment. aud the present
gratifying production Of the niue, the
financial condition Of the Company has
been brought into o satisfactory condi.
ton, and the stock is very firm at pres
ent price, being generally considered
safe and profitable to hold.
SIERRA A
A splendid body Of extra good pay ore
is developed, raising up from the south
erly branch Of the car track tunnel,
within the last two or three weeks,
which gives good promise of extent,
]permsnence, aud material assistance in
keeping up the present satisfactory
monthly dividends. II runs about
northwest aud southeast, and has been
raised upon shout Is feet above the track
floor. Il probably extends to the sur
face, and is from eigb, to twelve feet IN
width. How far il extends below the
track floor is not as yet ascertained, but
il has been drifted upon north aud
south some so or 60 feet, with no
change. 1t is OF the de~composed ore
and gravel character, rich in free gold,
and requires no blasting, yielding easily
under the pick or CAD. At the westerly
end Of the surface pit another huge dc
post of similar ore is just developing,
which shows already over 80 feet III
Width ; the extent of it is at present
unknown, but there is already enough
in sight 10 last for many months.
The mill is being run on ore
from this and the other deposit
Srst mentioned in the car track
tunnel, and the yield for the present,
month will doubtless be an extra good
one. The frst cleanup for the month
will be made next Wednesday. Besides
the two good deposits we have mer'
toned, there are several other smaller
ones, containing excellent pay ore, run
ming to the r%ortbward from tue surface
workings. which have been drif,ed upon,
exposing ore enough, with the latest
DEVELOPMENTS, TO last for years. The
Sierra Nevada Company have the bes,
thing on surface ore to be found CO the
Comstock, or anywhere else in tins
section. They pny regular monthly
dividends right along, giving a heavy
percentage on the price OF the stock.
The dividend declared for the present
month, of so cents a share, was payable
yesterday.
LADY BRYAN.
This mine is looking exceedingly well
at the present time. During August
the product of bullion from ore worked
Mt the Empire State mill was 5000,
which, added to the product for toe two
or three previous weeks, or since a fresh
s,srt has been taken in working the
mine, aggregates a ,rife short OF $50,
600. Judging from the ore now BEN.
run through, the yield for the present
month will he even more satisfactory.
The Golden Eagle mill, belonging to the
company, has been removed from Jay
ton 10 the vicinity OF the mine, SAVING
considerable expense in the way Of
hauling, especially in winter, when the
roads are bad. All the work IN tue
mine is we'll and economically conduct
ed, under the new management, and the
affairs OF the company generally are In
a very aourishing condition. A meet
Ing Of the company will be held at Vr-
pinin, next Tuesday, 10 consider a
proposition for increasing their capital
stock from 81. 900, divided into
5000 shares of $500 each, to S2,T0O,-
o00, TO be divided into Is, 900 shares OF
$3.50 each.
OCCIDENTAL.
The ledge matter was struck in tue
lower tunnel last Tuesday, coming 10 Mt
the right band side of the face, just as
was expected. IL is merely the out
skirts Of the ledge, however, showing
inferior ore, but showing better with
every foot Of progress. The tunne'
Yesterday had cut into it abont hve feet.
The ledge at that point should be noou,
go feet vide, or more, and this tunnel
ep,s i, 400 feet below the lowest tunnel
of the present regular workings OF tue
mine. As the new tunnel is entering
the ledge at an angle Of 20 degrees or
comparatively parallel with IL, some
DAYS will yet elapse before the main
nav streak is entered, but what is fonnd
Inns far is of the most promising cnaS-
acter.
The new shaft is 275 feet deep to-
a.v. and as no increase OF water IS yet
encountered very excellent progress IS
made. What little water there is comes
~, 9TH tbs soft rock and clay excava-