Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-05-25
MINING SUMMARY.
For the week Rnal.s May rs, 1872.

The great crash in stocks eliminated
last Monday, when bottom was touch
cd, since when they have o geographically
and satisfactorily rising, with a good
upward tendency ut the close, more
especially manifested In the Gold Hill
stocks, those of the Virginia section
coming up In sympathy, although
slower. All specially interested In
stocks have watched and are we'll post
ed as to the fluctuations, therefore a
detailed recapitulatlon Of the same
now would be- both superfiuous and
uninteresting. Below we tell what
we know about the mines:
BeIehor.
Daily yield 800 tons per day, from
the llOO-foot level principally, with
an increased contribution from the
l,OOO-foot level, recently opened, and
which looks and promises finely. All
the ore extracted from this mine Is
taken out through the Crown Point
mine and Yellow Jacket shaft, and
will be until the main incline Of the
company Is completed down to the
l10O-foot level, so that ore eau be hoist
ed through it to the surface. There
was no truth in the report that, owing
to the Jones and Sharon difficulty, the
Crown Point management had refused
to allow the Bslcher Company TO tako
out any more ore through their mine.
The Belcher folks have got their new
and powerful hoistlng machinery,
nearly all in place ut their SHAFT, anu
the works will be completed and ready
to start up about tho first OF next
month. The incline Is now down to
the l,OO0-foot level, and drifting both
ways from it and toward 1t Is being
theoretically prosecuted, In order to
connect al soon as possible, but there
Is about 400 feet Of Intervening ground
to drift through between the Incline
aud the workings ut that level before
the connection will be effected. The
bottom Of the incline Il In hard rock,
and it will take about six months to
sink 1t low enough to connect with the
west drift from the 1l00-foot level,
now being driven to connect with this
winze. The 12O0-foot level Is opening
out finely and looking better than
eyer, The south drift at this level Is
being pushed ahead and still continues
In fine ore, the face Of the drift assay
ing richly. An attempt was made n
few days ago to resume sinking the
winze to connect with the 13OO-foot
level, but too much water prevented.
The ore body ut the 1l00-foot level has
been breasted and stopped out a dis
lance Of 300 feet south from the Crown
Point line.
Consolidated Virginia.
Nothing now since our last report.
the cross-cuts east at the 5OO.foot level
are still In promising indications, and
the east wall not yet found. Tho
Sides tunnel section Is placed fully In
readiness for the extraction Of ore
from that point. No good news from
the lower drift. The stock Is increased
to 81, $50, 900, In shares Of $500 each.
The meeting at which the Increase was
ordered was held at the Office Of the
company, In San Francisco, on the Goth
Instant. The amount of the original
capital stock was and Is fully paid In.
because the capital stock Is represented
by the mines belonging to tho company
and by its various works, all Of which
have been fully paid for. The COM
oany owes no debts or liabilities, ex-
cept what may be the ordinary current
accounts, unpresented, and which are
paid as fast as they come In.
Halo & Norcross.
Daily yield 100 tons, principally
from the north portion of the l4O0-foot
level, with goodly contributions from
the old workings Of the upper mine.
The ore breasts Of the 140O.foot level
are being extended northward and also
inward In the vein, the highest raise
above the sill floor being nearly 90
feet, showing the orc to be OF inferior
character to that below, not averaging
80 we'll. A winze Is also about to DO
sunk In the ore below this level, to
connect with the level below for ven
tIlation and more advantageous work
ing. The north drift has reached the
Savage line and will soon connect with
the drift being run from that mine for
ventilation. At the 1500-foot level the
east drift Is In lis feet from the In
cline. The north drift Is In % feet
from the incline, and Is altogether In
the west country rock-west OF the
ledge.
Daily yield, 100 tons, averaging as
per assay $27. At the 150o-foot level
the drift south Is being pushed ahead
to connect with the drift from the Hale
& Norcross for air. The connection
will be completed In four or five days,
giving important and thorough ventl-
iation to both mines at that depth.
The cross-cut east from this drlft Is be-
Ing vigorously driven ahead, and good
ore developments are expected soon.
Breasting out the ore body In the
winze 1. commenced, and 1t Is opening
out flnely-even better than was antic-
ipated. Work in the north DRIFT ut
the 15O0-foot level IL suspended for
want of proper ventilation ut present.
Grown Pslnt.
There was quite a decrease OF the
usual ore production this week, owing
to trouble with water tapped at the
l3OO.foot level, and the hosting en-
gines had to be kept actively hoistlng
water instead Of ore, In order to reduce
the water In the incline, the pumps
not being sufficient. AL Is right In
that respect now, however. and the
work goes OH as usual. The various
ore breasts look splendidly, and bid
fair to never give out. There Is no
need of prospecting for more ore In
this famous mine there Is enough In
sight already to answer all purposes
for some years to como.
Yellsw Jacket.
Daily yield about % tons Of fair
grade ore from the old workings. On
account of trouble with water and the
pumps at the l3O0.foot level, the l0iO-
foot station opening has not been got
along with very fast this week. The
compressed air donkey engine at tho
hotto,n of the incline, forcing the