Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-07-02

kIKClN MH I'LL ~ Ooo
the seventh level never looked DETER,
and bid fair to hold out their present
good yield for a long time. The pros
pecting Wine, sunk 50 feet north OF
the shaft, still shows the same excel
lent ore. The price Of the stock shows
improvement at the close nom the late
unreasonable decline.
sEaREaATEp REIGHER.
The San Francisco BulletiH of last
Tuesday, speaking of this mine, says :
"The stock Of the Segregated Belcher
Mining Company Is now selling at "
per share, with an assessment Of IS per
share delinquent on Friday The In
ducement to pay IS for an article
worth only % Is not very attractive,
while there Is o strong temptation to
let the stock go by default. Mining
Companies are Just now laying on as
sessment q little too heavy ; the market
Is not strong enough to bear them, ana
stockholders prefer to be "froze" out
rather than to be further taxed for the
benefit; of those on the inside" ~
OCCIDENTAL. .
Old mine yielding at the usual rate.
The lower tunnel will connect with
the winze from the upper mine at the
present rate oil progress about the l4th
instant. No increase Of water. The
erection Of the new mill progresses at
n satisfactory rate. The Injunction
put by Cavalier upon the sale Of de-
iinquent ON the assessment levied, has
been dissolved, allowing the sale to
take place this day. between the hours
of IL N. and 3 p. NJ.
GOULD s. CURRY.
Daily yield about IS tons. Vigorous
prospecting is being carried on In
various parts of the old mine, with the
view of finding deposits passed by In
the early workings. A DRIFT Is COM
menced at the lower tunnel, or adit
level, to connect with the old Best q
Belcher workings oil the north. for air
circulation and prospecting purposes.
Nothing new developed ut the seventh
or lowest level. Es
SAVAGE,
Speculation In the stock Of this mine
has been very lively Of late, In view OF
controlling the coming annual compa-
ny election OF July 2lst. A. radical
change In the control is said to DO nj
ready secured. Rumors of = "corner"
effected on certain "shortsH are also
prevalent. No new or encouraging
developments In the mine.
VIRGINIA CONSOLIDATED.
The DRIFT from the 50O-foot station OF
the new shaft is progressing well, the
water having decreased, and the rock
is working favorably. 1t ia in over
400 feet. From the upper mine some
ten tons per day Of good grade ore &C
cumulates on the dump.
BErcHER.
Daily yield about IS tons. The up
per level resources show considerable
falling Of. The principal yield Is
now from the seam above the &2-foot
level, which shows some Improvement.
The croSs-cut east ut the I30+fOot level
gives good prospects.
oPHIR.
The lower drifts were cleaned ont
Yesterday AMI active operations were
resumed, especially iD the southwest
drift, which will doubtless eventually
intersect good ore. Nothing new de-
veloped in the upper mine since our
last report.
SIERRA NEVADA.
The surface gravel deposits still
show improvement In quality, and
consequently an improved bullion
yield. No new ore bodies developed.
Mill running steadily and well, as
usual.
kHSTUGK.
Daily yield increased to forty tons.
principally from the upper levels, al
though some eight or ten tons comes
from between the 800 and 0OO+foOt
levels. No new developments.
CALEDONIA.
Daily yield 10 tons, from the 200
foot level and the winZe being sunk
below It, which still continues in good
ore. The mine looks we'll.
HOPE.
Daily yield about 90 tons, keeping
both mills of the company running us
usual, also the Atlantic mill. No new
developments.