Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-10-25
LOCAL MINING SUMMARY.
For III. we.k E,ains October IS, 1879.

MINING SUMMARY.
The stock market. although some
what fluctuatlng during the past week
closes with an apparently mucl
stronger and better feeling than at Ii
commencement. The development o
the new, rich and extensive body o.
ore In the Consolidated Virginia Il
giving new life and confidence to the
prospecting operations along the entire
northern end of the Comstock. as well
as to stock operators in the San Fran
cisco market. In the Gold Hill portion
Of the ledge, the present known
extension Of the ore body, Alb feet
south of the Crown Point line, on the
13OO.feot level Of the Belcher, has al
ready proven that mass Of wealth to
be of such magnificent proportions,
as to eclipse the widest and most ex.
travagant anticipations Of even the
most sangulne believers in the per-
manency Of our mines. The rates oil
money in San Francisco are::easy. with
rather an Increased supply by the loan
aud saving banks. In New York City
the heavy shipments Of coin from Lon
don has done much to ease the tinan-
cial condition of affairs and restore
confidence. Up to the 23d instant
Sc, 500, 900 had been received, besides
many considerable sums which had
not been reported by the telegraph.
The rise OF water In the Carson has al
ready greatly increased the crushing
capacity Of the mills OH the river,
causing in turn a steady increase OF
the amount OF ore extracted from the
mines, and consequent heavier ship
ments of bullion product. Below we
give what we know about the mines
Consolidated Virginia.
Daily yield $50 tons Of ore, 100 Of
which is being hoisted through the
Gould s. Curry shaft, and the rest
through the company's shaft. 1t Is
the intention to continue hosting ore
through the Gould & Curry shaft until
n side track of the railroad IL COM
pleted to the company's dump. The
ore body is being breasted out both
north aud south, and continues to not
only hold out, but improves In quality.
A winze Is being sunk at the l20O-foot
level, which Is down 80 feet In fine
ore. The raise on the same level Is
up 80 feet, also In rich ore. A station
is being opened at the 1000 foot level,
from which a drift will shortly be start
| cd to connect with the up-raise from
the 12O0.foot level. Fifty feet north
| of the ore breasts u crosscut has been
run which has penetrated the ore a
distance of 20 feet, showing It to be OF
excellent quality. The main south
east drift at the 1900 foot station is ia
81 feet, and is soon expected to reach
the ore vein. The ore body. so far as
1t has yet been developed. Is not only
| rich, but has every indication Of per-
manency and extent. Tie Mariposa,
Bacon and Occidental mills are run
ming steadily OIL ore from this mine.
much OF which IL yielding 5000 to tho
ton. Other mills will be started OH
the ore as soon as they can be obtained.
At a meeting Of the stockholders held
In San Francisco October 18th, tho
capital stock of the company was In
creased to ten million eight hundred
thousand dollars $50. 800, 0OOl, divided
into one hundred and eight thousand
QOS, 0O0) shares Of the par value Of one
hundred dollars (Sl0O) each.
Dayton.
The orc vein at the third station 400
foot level) has been drlfted upon north
aud south a distance Of so feet, the
face Of both still being in good ore.
The north drift at the second station
320.foot level-has been driven directly
along the ore vein a distance Of forty
feet, when the course Of the drift was
changed, prosecuting the vein to the
west wall of the ledge, which was
reached in IS feet from the turn. pass
ing the entire distance through ore.
The course was again changed, fol-
lowing the west wall Of the ledge. to
connect with the winze from the first
level, which will be reached in a very
short time. The ledge and west clay
wall at this station show n develop
ment In appearance much the same rs
that Of the Comstock. and the ledge
promises q fine yield Of excellent ore.
The company have 700 tons OF ore In
the dump, and are still piling 1t up,
ready to crush as soon as mills can be
obtained.
Crown Point.
Daily yield, 400 tons Of ore. There
Is no change Of Importance to note Of
the different ore slopes and breasts on
either the 1900, 1900 or 1OOO-foot lev
els. The main south drift OF the 1900
foot level has been stopped OIL account
Of the great heat and bad air. and m
up raise started to connect with the
north winze from the l300.foot level.
for the purpose Of giving ventilation
to that part Of the mine. The main
south drift on the l500-foot level Is
making but slow progress, the heat
being the most intense ever eneount-
cred in the mine. The ore In the mid
die winze. from the 13O0-foot level. Is
still In rich ore. The south winze, on
the same level. Is also In splendid ore.
There Is no change to note In the north
winze on the 1901 level.
woodvilIe.
Sinking the incline Is making good
progress following the ledge and still
In ore. The usual amount Of ore Is
being extracted from the face Of the
north drift at the 300.foot station.
Sinking the new shaft Is making fair
progress, some little water In the bot
tom but not enough to in the least i'm
pede the sinking. The proposed new
hoisting works building will be 90x35
feet In size the boiler rooms lSx40,
aud carpenter shop 45x36 feet. The
machinery Is now being manufactured
In San Francisco. and will all be OF
the best and most improved kinds.
Belcher.
Daily yield OF ore, 500 tons. Incline
down 1873 feet below the 1300-foot level