Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-08-06

LIVE ...-
The fact Is certainly evident to us,
that In order to work any other low
grade ore and pay the same price for
labor as at present, a reduction might
be made In other expenses, milling es-
pecially. The salaries Of officers, and
various other reducable expenses.
might be attended to. and n vast saving
made in the expenses Of running the
mines. The reduction Of the miners
wages should be the very last point
taken into consideration. The follow
ing are what we have to give In the
way of mining items this week:
YELLOW JACKET.
A vast amount Of low grade ore has
been Welded from the old upper work
inos Of this mine, through the north
shaft, during the last six or eight
months but, hnding that 1t does not
nav the cost Of extraction, transporta-
tion and reduction, that portion OF the
mine was shut down on the first Of the
month. This throws about sixty men
ont of MISUNDERSTANDING that the
yellow Jacket Company has been q
very GOOD friend to the laboring man,
at The expense Of the stockholders.
This will lessen the expenses OF the
company considerably just at present,
hut lust as fast as practicable a larger
force will be put at work in the lower
nortions of the mine, extracting the
6iober grades Of ore through the south
sbsft. Already the yield from that
source Is increased to 200 tons per day.
nrincipally from between the 500 and
9OOLfoot levels. Tile bullion yield OF
the mine shows a consequent increase,
and with the reduction Of expenses,
the afisirs are now In a more prosper.
Gus condition, and it Is said they Will
commence paying regular monthly
dividends next month. The recent de-
preston In the price was owing to
besvv sales Of the stock which had to
he bought ND In order to control the
election. The drift north at the l0O0-
foot level Il being rapidly forwarded,
and In 100 feet further will connect
with the winze from the 90O-foot level.
This Wine Is now down nearly W teet
In good ore all the way. The drill
north at the 1.l00 foot level, from tIe
Crown Point mine, Is also progressing
ahead theoretically.
SACRAMENTO 4 MEREDITH:
This mine has a glorious good thing
on surface ore. There Is an immense
ledge OF it, enough to last for years,
and under the present efficient man.
agement It Is being made to pay, Ihe
ore Is easily mined and reduced, and
owing TO the excellent Incline car
track arrangement 1t Is transported 70
the mill at 4 merely nominal expense
BEIcHER. -,
The a82-foot level gives a daily yield
of about 8 tons Of $2S ore. The ore
seam at the l62-foot level Is narrower,
but ASSAYS very we'll. There are sew
eral small quartz seams developed near
the south line. containing q little ore
but they do not amount to much q s yet
OCCIDENTAL.
Nothing new since u last report,
The new mill will be completed In
about two weeks, when It will be sup
olied with plenty of good ore from the
lower tunnel. The present assessment
Of Is per share will become delinquen,
on the 18th instant.
SIERRA NEVADA.
The new Stevenson pan works very
satis6actorily In the mill. and bettel
resnlts are obtained from the ore. Tit
mine Il yielding at Its usual rate, prin'
nipally from the north end.
yrRarS1A CONSOLIDATED.
Wet dir rom the soo-foot station