Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-06-04
ARRIVALS AND DEPARTURES.
LOCAL MINING ITEMS.


A general downward tendency, in
some cases amounting to a disastrous
break, has ruled in mining stocks du-
ring the past week, with but little pres
ent show Of improvement. The Hale
& Norcross and Yellow Jacket hold
their own, standing firm with a good
prospect Of advance. As regards mon-
ey matters, the Alta says: "There is
a better demand for money, growing
out Of greater activity in general bust
ness, but the supply Is good, and there
are better collections from the interior.
The state Of the crops gives now much
greater confidence, seeing now that a
good yield in the aggregate will be
realized, and that earlier than usual,
although in some sections there will
be failures. The wool crop has sold
well, and wine is gradually increasing
In importance. Silk also gives the
highest promise. The worms are now
feeding under the best circumstances.
The receipts OF bullion are also large"
OCCIDENTAL.
The grading for the new mill Is COM
pleted and the stone work Of the foun-
dalton o o will be. The material for
building Is being hauled, and the mill
will be completed and ready to run in
10 days from the LIST inst. At the pres
emit rate of progress the lower tunnel
will be driven to a connection with
the wiuze from the upper mine in
about four weeks. Nothing new in
the old mine. Yielding at the same
regular rate as ever, with an apparent
ly inexhaustible supply Of ore In sight.
When the new mill Is completed 1t will
be run on ore from the lower tunnel,
at which level the ore Is considerably
better than that from the upper mine.
Between the lower level Of the old
mine and this lower tunnel Is 400 feet
of q solid body Of pay ore, perfectly
continuous from top to bottom, as
demonstrated by the winze. It Is from
ten to twenty feet or more In width,
therefore 1t Is easy to understand that
this will suffice to keep the new mill
constantly running for several years.
There Is plenty Of water flowing from
the lower tunnel to supply the new
mill, which Is located a short distance
below.
HALE 8 NoRCRoss.
Owina to the retimbering Of the
SHAFT between the 400 and 600-foot lev
els, no ore has been raised from the
lower portion of the mine during the
past week, but the bullion yield shows
no falling off in consequence, as a
large amount Of ore was accumulated
In the dump, keeping up the regular
paSrs will be completed tomorrow,
and holsting from the lower re,
yumed. The receipts for April summed
up to $125, $40.
oPMR.
Tbe southwest drifts at the 7OOfoot
level. from the new shaft, are looking
we'll and are likely to find ore even
tnally when they get in far enough.
TThe drifts west and northwest have
annarently found the west wall, ana
no ore. The small ore production from
Inc south shaft Of the surface work
inrs is suspended, and nothing In the
way of ore Is developed by the norsn
shaft. The present assessment OF %
DER share becomes delinquent next
Thursday.
cHoLLAR-PoTosI.
Yielding 1875 tons daily, assays aver
AGING $50 Der ton. The Belyidere sec
tion Is Welding splendidly, and the
other ore-prodIcing sections continue
looking favorably, as Mt u last re-
report. The surface resources OF TINS
mine would seem nexhaustible, but, on
the contrary, show more extensively
a. further developed. The mine IS
very systematically worked and well
managed.
Vigorous prospecting constantly go
ing on with no new developments Oh
ore. The rich deposit at b lowest
level of the Hale & Norcross may De
found To extend into the Savage, at q
greater depth than yet attained, but
snch is not found TO be the case as yet.
The present assessment OF ~ oo per
share becomes delinquent on Monday
next.
Daily yield, IS tons; assays, aver
aging S4l. The Ell Dorado and Potosi
sections are the principal sources OF
the ore production, and some ore OF
very high grade is being sacked daily.
. At the seventh or lowest level, pros
pecting Is still vigorously carried on,
but only barren vein matter Is found
In any Of the drifts and cross-cuts.
oyERNAS.
The asssand 5Oo-foot levels still con,