Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-11-27
LOCAL MINING ITEMS.

clining tendency, which bid, fair to con-
tiuue. We shall not attempt to e~onjurs
up any cause for such situation or prog.
nssticate for tho f~uture-that would
puzzle tho Oldest stock broker in the
known world to do. The thing is As it is.
Some stocks are below their actual
merits, but, as usual, let US hope for q
rsactionsry revival soon.
SIERRA NEVADA.
The raise from the csr.track level has
connected with tho extensive southwest
surfscs deposit, and the north drift from
the same level to connect with the north
surface body has struck pretty good
quartz. The nine is in a well developed
couditien, with plenty Of good pay ore
in sight, aud the best Of arrangements
for working it with the utmost facility,
thanks to the energy and well directed
mining knowledge Of Mr.. I. +. Smith,
the late Superintendent, whom the ,rus.
tees Of the COMPANY, for purposes best
known to themselves, saw 1T 10 remove
last Saturday. As we have before
stated, we fail to see the benefit or ad-
vantage Of this removal, and the stock
holders may think so too, yet, perhaps.
Ans we'll that ends we'll, however.
There will be no more dividends At
present. Tho mill is shut down for two
or three weeks, in order to put in new
boilers, engine, and other machinery.
NJ. A. Mcdonald is the new Surerin-
tendent.
YELLOW cSx
The only new and Interesting devel-
opment made in this mine lately, as tar
as stockholders are concerned, 10 the
assessment Of SIS per share, levied yes
terday. This assessment aggregates
Sl20, 900, and is levied to assist in pay
ing off the standing debt of the company,
which amounts to about $3.50, 900. This,
when collected, together with what is
being realized from ore extracted, 1t 10
calculated will make the company
whole-foo,ed, financially, SO that divi-
deuds will come mex iu order, 10 place
OF assessments. The present yield Of
the mine is abeu, 200 tons Of ore per
day, including large amounts extracted
Of low grade ore taken from the 7o0-
foot level Of the old mine, and shipped
by railroad to the company's mill on
Carson River.
OCCIDENTAL.
Face of lower tunnel in quartz show
ing metal, and constantly improving.
The fine body OF ore recently developed
at the north end of the old mine is i'm
proving in both quality and quantity.
The bullion yield Of the miue is very
gratifying, and the affairs Of the COM
ANY are in q highly prosperous condi-
ton. II is calculated that the lower
tunnel will cut the main pay streak in
about so feet further.
SAVAGE.
Sinking in the main shaft is progress-
ing we'll. The late ore developments
south Of the shaft are looking well, yet
are not quite as good or extensive as at
frs, anticipated. Preparations arc be-
ing made 10 extract large quantities Of
low grade ore from the upper or old
workings Of the mine, through tho old
shat. and hosting works, for transport
alton per railroad to the mills on Car
son River.
HALE & ~SoRcGoss.
The excellent body Of ore recently de-
vsloped at the /, l00-foot level is known
to DO 800 feet in leng,h, with an average
width Of so feet. /, extends to the level
above, and the sinking of the main shaft
100 feet deeper will be shortly COM
menccd, which will demonstrate how
much deeper this great body Of ore ex-
tends. The Hale i Norcross will COM
mence paying dividends before long.
oPHIR.
Still waterlogged, the water in the
new shaft being nearly 400 feet deep.
The pump is working finely, loweriug,,the
water in both the new Oh At and the old
mine, diseharging at tho rate Of 10000
gallons per hour. The bailins tanks
have both got smashed, but new ones
will DO set ~ work in u day or two.
CALEDONIA.
Indications at the lOO-foot level,
drifting west, are very promising, show
ing close proximity to the ledge. A
large body of low grade ore will doubt
less be opened, aud, owing TO the Carson
Railroad passing within a few teet oil
tue shaft, can be worked at the mills on
the river pro6,ably.
BULLION.
Prospecting as usual, principally at
the l,IOO-foot level, and, like other
miues, getting along finely with the aid
of AN occasional assessment. The last
was levied on the 22d instant, and ag-
gregates Sl7, 500.
SEGREGATED BELcuER.
The small body OF rich ore mentioned
in our las, report is as yet not fully de-
yeloped. The mine generally is looking
we'll. The assessment OF 81 per share
is o delinquent and advertised in
another column.
CROWS ONT.
The eross.euts east and west from the
south drift at the l,000-toot level sho"
only porphysy aud quartz witt.n no metal.
Neither does prospecting at the l,loo'
foo; level develope anything promising
as yet.
EsSrUcH.
The principal ore supply is from
above the soO.foot level, and the usual
good daily yield is kept up steadily.
Considerable good ore is produced from
the upper levels, near the surface.
c~HoLLAR-porosI.
No particular change for better or
worse duriug the last two weeks. The
pr.ssn, yield is about lbs tons per day,
assayius about SO per ton on the
average.
GOULD 4 CURRY.
Present yield a little over 80 tons o.
ore per day from the old workings, Cal
samples ssssying $50 per ton. Nothing
new or favorable TO report in the iowei
drifts.
MPsRiAL-ENPi2E.
Both sinking aud drifting progressing
satisfactorily, but with no new or prom
isiug developments rs yet.
BELcuSR.
Yielding as usual, With no particular
new Developments. The delinquent us
ssssment of So 80 per share il ad'er'
,ised in another column.
VIRGINIA CONSOLIDATED.
New shaft 40 ieet deep. The rock
being favorable, with little water &c
interfere, good progress il, daily made
%ovERNAS.
Yielding, as usual, about 1870 tons o
ore per day, which. assays $40 per tor
on tho average.
NJ III.