Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-07-30

A0k1A
The dividends paid during the first
six months Of the present year,
amounted 20 100000, and the assess
ments collected $9S9,600. OF the divi-
dends paid, $lGS. 900 was by the Chol-
lar-Potosi, $50, 900 by the kentuck,
and 1884, 900 by the Hale Il Norcross
while of the assessments collected, $l0,-
OOO was by the Bullion, $4,000 by the
Confidence, 800. 900 by the Crown
Point, $2i,0 900 by the Empire Mill,
$72, 900 BY the Gould It Curry, $4,000
by the Gold Hill Quartz Mill, $4,000
by the Imperial, $4,000 by the Occi-
dental, $l6S,0 900 by the Ophir, $2s0,OW
by the Savage. $4,000 by Segregated
Belcher, and $l6S,000 by the Yellow
Jacket. The bullion produced by the
above companies for the same period
amounted to $3,Sl4,963.
We have no extra good develop
ments in the way of rich new bodies
of ore to report this week, but we give
the following items relative to the
actual condition of the mines in this
section:
SAVAGE.
By the new administration Of this
once rich and justly noted mine, great
things arc promised. The new Super
inteHdent. r. j. McClelland, takes
hold as though he meant business.
Retrcnchment Is the word In all de-
partments. All unnecessary expenses
are u of and a material reduction Is
made In salaries of officers. The mine
ia TO be worked hereafter on the most
economical basis, and the crushing OF
ore. furnishing of supplies, and all that
sort of thing IS to be given to the low
est bidder. The treasury Of the COM
pany Is said to be in a healthy state.
IL has been freely stated that under
the old administration, ore has been
covered up in the mine for interested
purposes. Now, il anybody knows of
such being the fact, the sooner II Is
row to be so the better for all con-
cerned. Now Il the time or never. II
any one has thus stated falsely. away
goes his head or his reputation.
CROWN POINT.
About 80 tons of low grade ore con-
tinues to be the daily yield, all from
the upper levels. The incline from
the ~l,OOO-foot station of the shaft Is
now completed to the l,lOO-foot level,
being over l70 feet in length, and here
after will be continued in UNEMPLOYED
ground, next to the west wall OF the
ledge. a drift north has been COM
meiced at the l,l00-foot level, to con-
meet with this winze for air circulation
and working purposes. This drift has
TO be about 40 feet in length, and IL
will take n couple Of weeks to CON-
plete Ii.
YELLOW JACKET.
Daily Weld about the same as at our
last report, but owing to the great
quantity of low-grade ore from the
upper levels not paying sufficiently
well, Il Is proposed to shut down the
old north works for the present and
concentrate the forces and energies o.
the company on the working OF the
GOOD bodies of ore developed in the
south mine, or rather through the
south shaft. This will have the effect
10 decrease the number of tons OF ore
nrodIced, but increase the bullion
Yield. at a less expense for labor and
milling. The DRIFT north at the 1000
foot level is being rapidly driver
ahead, and the cr0sS-cut connection
with the winze from the SO0-foot level
was completed last "Wednesday ,givinga
GOOD supply Of fresh air. The driit
Sortb Mt the l,l0O-foot level is also
being energetically forwarded.
HALE q NoRCRoss.
Daily yield 295 tons. prineipaiiy
from tile seventh or lowest level. inns
level bids fair to never give OUT,
present. appearances, all the breasts
BOOKING finely, except at the extreme