Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-01-04
LOCAL MIaiH6 SUMMARY.
For the Week K.Ai.s Ja..ary4 4, ISIS,
BsleheP.

oa'S"AAh hhSsSoSSN HeeSSS S0'a
Some Of the ore taken out during til,
week Is richly spangled with this pre-
cious metal. The 1100-foot level |
looking and yielding splendidly. a
usual, with no particular change t
note. The l200-foot level Is still con
tinued south, the face of the drift being
247 feet from the Crown Point line
and In fine ore. Sinking the main in
cline below the l200.foot station wa!
resumed last night. The l200-fool
station Is being opened In proper
shape, and the drift north from It t
connect with the south drift Is already
In IS feet. The distance to 90 In order
TO connect these two drifts l. about 27t
feet. The cross-cut east at this lowest
level. ITO feet south Of the Crown
Point line, Is In 80 feet, with the face
In splendid ore. Tho winze to connect
the HOO and 1200-foot levels will be
completed In ten or twelve days, there
being only about Is feet to 20 In order
to connect with the raise from the
l200.toot level. which Is up 25 feet,
both wlnze and raise In splendid ore
throughout. This winze, when com.
pleted, will vastly facilitate the work
Ing and prospecting Of the 1200-foot
level, and at the head OF 1t a small
compressed air engine will be placed
to do the holsting until connection
shall be made with the main incline.
The only prospecting which has been
done below the l20O-foot level is In the
old north Wine. fifty feet south Of the
Crown Point line. This Is down 81
feet in rich ore, and sinking 1t deeper
will be resumed iu about ten days,
or when the south winze above men,
toned Is completed. The Crown
Point l3O0-foot level 10 nearly through
to the Belcher line. When 1t reaches
that point the Belcher Company will
continue It on south Into their own
ground and make a raise from it to
connect with the winze from the level
above, and through which orc can
be taken from the l3OO-foot
level until that level shall also
connect with the main incline.
This ore will be passed through the
Crown Point and Kentuck mines and
up the Yellow Jacket shaft until such
time as it can DO taken out through
the Belclier incline and shaft. The
working Of the mine under the pres
ent management has been and still Is
being conducted In the most system
attic and workmanlike as we'll rs eco
nomical manner, with . view to the
security Of the mine and the best
interests Of tho stockholders, a large
being allowed TO accumulate
In the treasury to meet all possible
contingencies, and to insure q contin-
of dividends after resuming the
Of them. Thus the company
now declares 4 dividend Of three dol
lars per share, amounting to 1912, 600,
payable OH the 10th instant. This Is
the first dividend Of the year, and will
be followed up monthly with perhaps
an increase, If allowable. The esti-
gross yield Of the mine for the
month Of December is $620.000, giving
!. profit OF over $4,000 or an Increase
Of gross yield over the month previous
Of $S6, 600. Amount now In treasury.
81, $50, 700. The present receipts Of
he mine, Is compared with last July
Or August, arc doubled, showing a
steady AID very acceptable aSsease-ef
he regular yield. The Virginia and
rruckee \. ilroad being in good condi-
lion once more, all the ore from this or
my of the other mines Is belug trans
ported to the mills rs fast as extracted.
Crswa PoIas.
Transportation aud other facilities
being improved, this famous mine Is
turning out n large amount Of ore at
present, and the consequent bullion
production Is In like ratio. The HOO
and l200-foot levels yield handsomely
and promise to do 70 for many years
to come. The finest aud most Import
ant developments at present, however,
are being made at the lowest, or 1900
foot level. The ore body Is evidently
fully as large and OF finer and richer
quality than In the levels above, and
the cross-cut east from the main south
drift Is in 100 feet. The face Ia in por-
at present, but the drift shows
30 feet Of the very best ore. The south
eight feet from the Belcher
line, is completed from the 200
TO the 300-foot level In fine ore,
and from the bottom Of 1t drifting
north Is being done to connect with
the main drift south. The faces Of
both drifts are In splendid ore. The
main Incline Is down nearly deep
enough for the l4OO-foot level. The
present and future prospects OF the
Point are very gratifying.
Daily yield $50 tons Of ore, worth
so per Ton. The ore body on the 66l-
foot level Of the old works Is still hold
ing out aud yielding about the usual
amount of good ore. The Incline IL
down l2U feet below the l600.foot lev
el. in good working ground, the sink
ing making excellent progress. The
main south drift OIL the l6OO-foot level
is making excellent progress, with
some slight indications OF water In
the face. The course of the main
north drift on the l80O-foot level has
been changed to a more westerly
course, to connect with the south drift
on the same level from the Gould u
Curry shaft.
Yellow Jacket.
The cross-cut at the l300-foot level
is in favorable ground, but developes
no good paying ore as yet. The drift
east at the l400-foot level from tho
incline has cut the ledge, and the face
is In fine looking quartz. but no pay
ore. Considerable water Ia encoulI-
tered. Work at the l50O-foot level is
stopped by influx Of water from the
level above. This mine has been very
economically and efficiently worked,
but as it has produced no ore for some
time past, and no assessment has been
levied, the funds in the treasury have
run pretty low, and an assessment Is
found necessary to be levied OF y per
share, amounting to $l20, OOO.
Ovosman.
The reduction Of the heavy body Of
water In the shaft is steady, though
slow. At times the water in the shaft
will decrease quite fast, and then again
some obstruction or damming up CIV
ing way, 1t will greatly increase In