Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-08-23
LOCAL MlSlNa SUMMARY.
Fer ,h. Week rsains Asss.. -, 1873.

LOCAL MlHln3 SUMMARY,
Fer the Week Enains Asssss 23, 1879.
The week ha. not been noted for ex-
citing fluctuations In stocks. or heavy
dealings therein. Money Is plenty
enough. aud stocks are. selling at very
low figures. yet buyers are not plenty.
Tie disposition Of the public to sp:eeu-
late In stocks seems to wane as the
season advances, and nothing but ac-
tual new strikes or developments OF
goni ore bodies will create n revival
In that respect. Time transactions are
few. most people preterrlng To buy for
cash. a significant Indication OF the
ca.e aud plentituds of finances. The
San Francisco Alta says OH this sub
ject
The supply Of money continues very
good with, perhaps, rather lower rates
in the 9 market. tn" rates ut the
commercial banks are l@lH PER cent
hut loans are made from societies anu
individuals ut 8 per cent. and III the
Stock market money IA abundant. The
supply of credit. on the East Is go"d'
and a transfer of $500. 0V0 coin was
received to-day from New York
through the Assistant Treasury, max
lug 81, 500. 900 within q few weeks.
These transfers, In connection with
the activity Of the Mint, give a good
supply Of coin since tho Washoe oui,
lion I, now refined here. and the goid
miues OF the State arc prolific.
The mining prospects all along the
line OF the Comstock, and especially
down Gold Canyon, are particularly
good at the present time, and give
promise Of better things'in the future ;
In fact. although mlning and stock
matters are rather quiet just now:
with prospects Of continuance Tor
awhile. yet a prosperous season Is
ahead aud will come before long.
Below We give what we know about
tile mines:
Daysss.
A. We fore.hadowed In our last
week, report the prospects Of this ola
mine are decidedly on the improve.
The ore cut Into a week ago 'a't "ea'
uesday. at the 225 foot level from the
| shaft, shows continued Improvement,
aud night oetore iast t"e urn. ~ nra
a considernnie oe't s,oo a ~, -, tho
WINCH assays "SN.pIv gold. orr.
average. - ~ 80 ron .fsst
u n oeeh eus 'nsv H., N
without getting throus" H.
feet In width OF g"ou n'.'.inE -
developed. anu the lucky VMne's nv
fully confident tina they nsre tnsIa
fortunes lying before tiem. my als
nuiluinR u suos.a.'" o" ,rv 70 q
long by ~ iees wiue' t,,,s
systematic extraction nnn .'s, TN
ore wl,ieh .i9' no. hui ~ w. SONS ws.t.
tue smart, anu " m", W. ass.
yet to deVelope its extent hm. I ns.
foot level. one h''Iidreu Ises oe!"m. Wv,
nearly resehea inc poI's me
should 'h'ef'e'' '"'. '''"' '
he'ea
Daily y'eid 4oo 'o's' .an'" ~
looo. liro, ""u -a"s.T.h,
oil OF winch are '''n"s
we'll. Inc ihc'''e "'"'
brlow the 1900 foot level. ana still ID
Pin, .,me character of rock as ut Last
- m..o.,ar;, from the incline
reTrr'', on" Co, I.,.i l.. I'm 10 f.ef. II
o. ,,e ,'vUioJ ,-arysr,i ga fast a. cir.
mm nsrmi,. n meet the drift
,,h rom ,bp ar. stope. on
oe'"g Iy uM" t'o, Isv.I' The soutIi drift
rom t,e stones Il In 3l3 feet south OF
the Crown Point line. anu still show
Ing good milling ore. ine o" a. w.,
GU. l""' ,t.s A.. ora The vine
,rnm rho IaDo.ioot level /. down AZ
,.,,. m. bottom .till showing ore OF
.x,s,i.,,, Quality. They have cam.
msn'sI sinking \ wlnz. from the l2DO
e., Isv.I which 1. already down IL
s.st IN GOOD ore. The ~ore-hressts
~thro,uLont tl,e yariou, slopes are look
ING .pl.ndIdly.
....,,s.,.S vIr.i.ln
rb, engines, boilers and hoi.tlng
m,;bl,.,v i. completed aud now IN
,u. .rhs ..veral excavations IN the
80, TIT. I,~.ountsr.
shalt l"r 'ne pump, aud nddi.
ua,aI,es ~ t,r,h rnrn.nt.r.shnp.
.,'i,ai uham .nI hisrr.mitl.' forge.
uh'e,i.eo.op non.,rm,.,inn On tie
a,e u, p.ue -, ~. Iii, rrn,m m. Gould
st'..os :, h.,ms slowly driven TO.
wards the main shaft. work being
greatly retarded oy tue no" Oh ""'e''
silver H'''.
NO mater'ai cnanSe " "o'e' Nv
usual amount OF ore Is being ake
from the first level, supplying the