Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-11-01
LOCAL MINING SUMMARY.
For Ii. Week Rndins November 1, 1879.

week have been much heavier and at
considerably advanced figures from
that of the closing prices. At the north
end Of the ledge the Virginia Consol-
idated continues to develop a body OF
ore that. In richness, fully equals, II 1t
does not exceed, the best productions
Of the Crown Point and Belcher mines.
In the Gold Hill portion the Belcher
and Crown Point continue their usual
yield Of rich ores; and from the Day
ton, southeast Of Silver City. comes
the report Of another development ola
body Of ore Of exceeding richness and
great promise. or the state OF the
money market the Alta says:
Money continues very plenty with
rather more disposition to lend. and
commercial wants are supplied ut the
bank. at the usual rates, 191H, and
at the loan societies 9Gl2. with more
freedom at long terms. The prospect
Is now that money will become very
abundan. since the production Of bull
lion at the mines Is assuming greater
proportions, and nearly all the gold
bullion that comes. with silver or With
out, goes to the Mint for coinage, there
being no export demand. The Mint,
consequently, Is turning out a large
amount this month. at least $2.250.O OO.
making a supply Of nearly $4,000 600
tor the mouth, with transfers. The
country, from now to January, will
send money to the city, increasing the
supply of coin, while the exports Of
produce furnish a large amount OF
bills. The export value this week has
been 81. go. O5l, and, with silver bull
lion, makes n credit Of 81. 900, 900 for
the week in favor of the State. 1t will
be observed from the return below
that since the first Of January the ex-
ports of merchandise have been ga
495, 296. or exceeding the treasure ex-
port In the same time by more than
l 1000. 900. While money affairs are
thus strong here, fears ofcompiication',
growing out of financial troubles at
the East, are rapidly subsiding. 1t Is
now nearly two months that the storm
has been raging there. while here all
Is "as calm as u Summers morning.
There are no obligations Of merchants.
traders, or corporations that cannot be
readily met, and accumulated money
Is becoming rather a burden.
Below we give what we know about
the mines:
Consolidated Virginia.
Daily yield 200 tons Of ore, which Is
all that can be extracted for the pres
ent on account of the dumps being full,
aud the inpossibili'y Of getting mills
to crush the ore. The Bacon, Mariposa
and Occidental mills are kept steadily
crushing ore from the mine, and are
making rich returns. More mills will
be added to the crushing capacity as
fast as they can be obtained. The ore
breasts are gradually being widened
out. and worked In almost every di.
rection from the point where the ex-
traction of ore was commenced. The
average assay from the main south
breast last evening was $2G3 %.
Average assay of car samples from the
Gould & Curry dump for the past "a
hours Sl22, 50. The north winze Is
down 65 feet. the entire distance In
rich ore. The tub samples from
this winze for the past twenty.four
hours have averaged $lli per assay
value, while a sample taken from the
lowest point reached gave 1920 IL.
The main east DRIFT at the l,OOO.foot
level to tap the upper part ot the ore
body and give ventilation to the mine
Is making good progress. A DRIFT east,
has also been started at the l2OO-ioot
level to cut the ore body at the point
nearest the shaft and Is soon expected
to reach the orc vein. Sinking the
main shaft was resumed yesterday.
Crown Point.
Daily yield. $50 tons, Of ore mostly
from the 1900, 1900 and lOO0-foot levels,
the ore breasts aud slopes on all OF
which are looking and yielding finely
as usual. The wiuze north from the
1900 to the l400-foot levels, has CON-
pleted the connection, giving a fine
circulation Of good air, and greatly
facilitating the work in that part Of
the mine. The middle and south
wines, from the 1300-foot level. are
both being driven vigorously ahead.
the bottom of both in fine ore. Aver
assays from the middle winze, $50
South winze. Sl20. The main south
drift. on the l4OO.foot level, is being
driven vigorously ahead. The main
south drift on the l500.foot level Is
making steady progress. The mills
on the Carson River are steadily call.
Ing for more ore, as the supply OF
water continues to increase.
Dayton,
The north and south drifts at the
third station are both driven ahead,
the face of both in good ore. The
south drift, at the second station. Is
still in line orc. The main north drift
at this station, which was following
the footwall of the ledge during the
tore part of the week, struck Into u
has been run, the full size of the drift,
a distance Of 30 feet In a strange,
partially decomposed and blackish
looking body OF ore. exceedingly rich
In gold, which promises u Of the
richest and most permanent develop
ments OF ore ever made In that section.
The north end of this drift is now un-
der the point where the winze Is being
sunk from the first level, which 10
down 90 feet, and will o o connect
with the drift, giving a good ventlla-
ton Of that portion Of the mine.
Beleher.
Daily yield $50 tons Of ore, being
all the mills can crush. The incline
is down III feet below the l300-foot
level. the sinking making good pro-
gress. The main south drift on the
1900 foot level Is In 432 feet from the
Crown Point line, the face still In ore.
The winze from the 1900, foot level Is
down 1876 feet, the bottom still In rich
ore. The winze from the l200.foot
level is down % feet In ore Of the usual
quality. The main northeast drift at
the S5O-foot level Is making good pro-
press. The ore breasts and slopes
throughout the mine are looking and
Welding richly rs usual. with ore
enough in sight to last for months to
come.