Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-08-30
MINING SUMMARY.
For tho Week RndIns A.su.. 80, 1873.

EsA t1U NNgSe IAhA
Mastery inactivity has remained
distinguishing characteristic of the
stock market during the week, Will
little signs Of revival at the close. The
most hopeful people, however, those
who Think they are possessed Of sorl
of prophetic vision, imagine they al
ready perceive indications of returp'
Ing animation. In regard to money
matters, the San Francisco Alta Gays
The supply Of money has been very
good at steady rates-l9lE at bank,
aud 99l2 at the loan societies. There
has. however, within n short time,
sprung up a more active demand.
partly consequent upon the movement
Of wheat, OF which the receipts alone
this week represent q value Of $750,OOO,
aud the interior purchases very much
more. The out-turn of coin at the
Min this month will reach about
81 $50, 900, and 100000 transfer
from New York, which was no.
titled last Wednesday, but which was
paii on Saturday. will meet the de-
maad for duties; hence the Mint sup
ply Is at the service Of the crops. The
demand for bullion for Japan has
nearly ceased. the outstanding orders
having been closed BY the last steamer.
There are few orders for trade dollars,
although l25, 900 will be coined this
month. The Mint Is well supplied with
gold bullion from the Nevada silver
which continues to come here.
Below wo give what we know about
the mines:
Grown Psint
Sufficient ore is being extracted to
keep all the mills going. The Rhode
Island, Atlas and Pioneer mills In
Gold Canyon arc being run to their
full capacity. as Is also the Morgan
mill OIL the Carson river the Bruins
wick and Mexican are crushing 80 tons
of ore per day each; tho usual amount
OF ore Is still being extracted from the
1000, 1900 and l3OO-foot levels. The
ore breasts are looking rs we'll rs usual.
The work of sinking the north and
middle wines from the 1907 foot level
Is being pushed forward rs fast as tho
water recedcs; the pumps IRE kept
busy all the while all OF the wines
are in high grade ore ; the south DRIFT.
on the 400. foot level, Is being driven
rapidly forward towards the Belcher
line. The drift, from the 1500-foot
station, is being pushed ahead vigor-
ously.
Consolidated V~Irxiaia.
At this mine the greatest activity
prevails in all the departments. A
strong force Of carpenters Is employed
In the construction of machine, black
smith and carpenter shops. and a heavy
stone wall is In process Of erection In
front OF the works on + street, for the
foundation Of the ore houses. The ex-
cavations for the several tank-pits In
the main shaft are completed and the
tanks are being constructed therein.
The pumps are nearly all In readiness
for lowering to their respective sta
tions in the shaft. Better progress Is
now being made In the drift from tho
Gould Il Curry mine QlG7-foot leveil,
The flow of water theretrom has great
" decreased, and it has been advanced
three feet per day during the past
week. 1t Is more than probable Chat
our next great mining development
will DO In this quarter.
Ophir.
The stump to the main shaft. 20 feet
deep below the 1700-foot level, is COM
and the station for the drift in
the ledge Is being opened. The vein
matter Is chiefly barren quartz and
clay. There is a body Of quartz found
ut this point two feet wide at the north
side Of the SHAFT and six feet on the
Ii assays mere traces, but the
DRIFT may possibly follow 1t south into
a body of ore. The south DRIFT at the
1900. foot level is being driven ahead In
favorable looking quartz, mixed with
clay aud porphyry. Tho quartz gives
low assays.
New York Consolidated.
Shaft down 1875 feet. Water In
creases considerably at the bottom OF
the shaft, but Is kept out by the ball.
Ing and pumping arrangements and
very good progress under the circum-
stances Is made In sinking. The indl-
cations at the bottom Of the shaft are
OF the most favorable character, unu-
sually go, for striking q good ledge.
The machinery works we'll. and every
thing about the mine Is conducted
with an eye duo to economy rs we'll
as the most active efficiency.
Gould & Curry.
Daily yield IS tons Of ore, taken
from the second and fourth lcyels. On
the 150O-foot level two crosscuts are
being made in the vein, and ore OF a
low grade has been met with within
the last few days. On the l6O0-foot
level the east crosscqt presents but lit
tie change. The quartz continues as
the drift Is carried forward. The east
wall has not yet been reached. Con-
siderable water has been flowing from
tho face of the opening during the
past three days, which Indicates its
close proximity to the eastern ore vein.
Dayton.
The main DRIFT running west from
the first station at the 225-foot level
has passed through 30 feet Of ledge
showing Is feet Of fine ore. The work
of extracting the pay ore progresses.
On tile first Of next month Will com
driving EorthvarQ on the vein
a distance Of $50 feet to . point under
meath a wlnze, whieh !, being sunk
from the level above, where'a large
ore body was developed last year. The
drift at tho 325.foot level Is supposed
TO be within II or Is feet Of tho vein,
which will be reached next week.
Hale & Nsreress.
Daily yield IS tons Of ore per day,
which Is reduced at tho Trench Mill In
Silver City. The o%re-breasts through
out the upper levels of the mine pre-
sent but little change since our last
weekly report. On the lower lo'el
they are running many exploring
drifts, Ia some Of which the indlca-
tions are very flattering. They are
now occupied In %excavatlng a tank
aud pump bob.pit In the main Incline.
preparatory to sinking for the 1900
foot leyei.