Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-11-05
LOCAL MINING ITRMs.

"a "a NV
week, unless We may mention the
Chollar-P otosi, which at the first Of
the week was $sl per share, rising yes
terday to 81, and its present price can
be seen in our regular stock report Of
to-day, at the head of this column.
The Yellow Jacket also has shown
some animation, based upon new ore
developments and the general good
appearance of the mine. The Ata
gives the following relative to the
financial situation: 1.-The general
state of business has a good deal i'm
proved. The jobbing interests have
been satisfactorily occupied, and con-
idence in the future Is being better
developed. The supply Of money is
good upon the market for all regular
purposes at l&lH per cent. at bank,
and 109la per cent. for long and we'll
secured loans outside. The effect Of
the war thus far has been to send
money to England for safety, causing
its prices to fall in London. and in
ducing its employment at the East and
here. This Is understood to depend
upon the war; n permanent peace
would cause its return to Europe, and
this fact checks its employment" Be-
Below We give what few items of i'll
terest there are current since our last
weekly summary:
YELLOW JACKET.
Daily yield l65 tons, from the three
lowest working levels. The drift north
ut the 1,o00-foot level will connect
with the winze from the level above,
tomorrow. Some very good punches
Of rich ore are already developed ut
that point, and rs Don rs 4 good circu-
latlon OF air Is secured by the con
nection above mentioned, the main
body OF ore will DC breasted upon. At
the 000-foot level. also, 4 connection
will be made tomorrow with the DRIFT
which has been run from the l, lOV-foot
level Of the Inlperial-E Empire shaft,
south, to meet the n from the 9W-
foot level of the yellow Jacket. They
meet In the Confidence ground, and
to-day the two parties OF miners are
90 near each other that the sound Of
their picks is distinctly heard through
the intervening space. Next week the
Yellow Jacket will be of the best
ventilated mines, throughout, to be
found In this section of the country.
IL is also in most excellent condition
for working, the shaft being well TIM
bered and In good shape from top to
bottom, the drifts all well secured, and
the ore sections in good trim for being
worked with the utmost facility. Sub
sequent to the cave Of 4 few months
ago, between the eighth and ninth
levels, whereby four miners were
killed, considerable trouble was met
with IN securing the ground, but 1t
was finally secured, and all the ore ut
that particular point extracted without
losing any Of il. General John h.
Winters, who. as we stated in Our last
report, has resigned his position n
Superintendent, leaves the mine OH
Monday next In first-ratc condition
throughout, and his successor. Captain
+. G. Taylor. assumes command OF n
Of the best, il not the very best. mines
on the Comstock ledge. General Win
rers has been Superintendent OF this
mine for six years and seven months
having charge of It throughout all Its
most troublesome times, and now Ia
the proud satisfaction Of leaving 1t Ill
the full tide Of success and prosperity.
we understand that he takes charge OF
the famous Kearsarge mine shortly.
SAVAGE.
Daily yield 50 tons. No particular
change since Il last report, except
that the ninth or new lowest level IS
hooking o promising for the devei-
onment of ore, especially at the south
nortion. The drift there has effected a
Connection with the winze from the
level above. giving u very good anu
much needed circulation Oh AR. ine
dIift north at that level Is impeded Dy
Am increase Of water and loose diifici'lt
ground to work i'll.
HALE & SoRCRoss.
Daily yield $50 tons, princlpaiiy
from between the sixth anu seventh
leyels. The ore breasts still continue
hooking aud yielding well, both nortii
md so,,th Of the subsequently,
south. The new eighth station, l,3o9
feet from the surface, Is fnliy opetleu
and the driN Is now In 81 feet east
from the shaft. The rock Is hard p"'
blasts we'll.
OCCIDENTAL.
Mine and mill both lying idle. the
whole concern being In the heartless
embrace Of the law, with 4 ialr pro.
meet of insolvency. With the present
ro~nyeniences for cheap working. IN
cose IL were free from debt n otiier
Membranes, that mine could be ihaue
n steady and profitable source oil rev
enue. II Is . good mine.
BELcHER.
,rl,e raise above the 2OO-foot ievei Is
l.. nrom;sing Quartz which assays IRON
, ~ TO ton. The south DRIFT NJ
the 4aO.foot level Is In quartz anu poa,
nhyry, but Is expected before toiis "
ccut into a body or streaE o! ore lour vi
Svs feet wide, extending downward
from the 335-foot level.
CROWN POINT. 90
Daily Weld from the upper level "
,ons showing some improvement ~
quantity the quality remains ap s,a;
the same. The incline - iTo n ,
below the 1,lOO-foot level, n me oo.,
tom Il In harl barren quartz. Notniile
new in the south drift at the l,loo-ioo'
level.
cHoLI.AR-PoTosi.
Daily Weld go tons. The ore Dreas.'
~ the Belyidere and other section:
show no particular change either 70
better or worse. The notleeaole ~, s'
In the stock during the past ,sw Jay