Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-10-29
LOCAL MINING SUMMARY.


All along the line stsels shew some.
what Of . falling Cd nom yesterday
prices. with heavy sales. Very few
stocks hold thar own to-day. Jet no one
AN give any good reason for such do
cline bsssd upon the present status Of
the mines. The true reason Lies In
stock manipulation. apd . heavy bearing
pressure In certain quarters intended 70
Affect. II possible. sharon's chance for
being elected United States Senator.
This pressure viii probably Be
continued till election day. November
Sd. after which tina. there being no fur
thar motive In exercising this sxtrsordi-
nary pressure. . natural rebound and
rise will take place. when stocks viii no
doubt advance upon their true merits 10
much higher than present prices. All
who get frightened a present interested
manipulations, and rush THAR rtoeks
int the market. will do % al . sacrifice.
and viii have reason to regret Il before
they are two weeks older. The Con.
solidatsd Virginia and ophir develop
msnts are looking bsttsr than ever. and
the same may b said Of the Imperial
and Ovsrman. Bslehsr and Crown
Point continue their s1csllsat yisld and
good showing. the mills On the Carson
river having plenty Of water. are run
ming 70 the sxtsnt Of their capacity, with
plenty Of ore; and. never in the history
OF the country did the ore develop
meats Of The Comstsck lssk and prom
iss 90 well. Below W give . summary
OF the latest and most reliable mining
information obtainabls:
Consolidated virg,is.
The face OF The north drifts In sdvsnos
Of the ore breasts on both the 1900 and
l400-feot levels are still in rich ore. The
ore breasts and stepss On the 1900 and
l400-foot levels are yislding the usual
amount Of rich ore. The south cross
cut ON the l500-foot level has pen tratsd
the ore vein Q distance Of 90 feet with
out reaching the east wall. the face still
bsing in rish ore. The middle cross
cut on this level 10 In 81 fest the face
in rich ore. The north cross-eut on the
Califsrnia line IL still pushed vigorously
ahead. but has not yet reached The ore
vein. The north drift en- the 1600-foot
level Of the Gould 4 Curry Ii still
steadily advancing through the same
rich body Of sulphurst and clorids ores,
the assay Of car samples Of which
average over 5000 per ton. The mine 10
looking splsndidly at oil points, and the
prospecting being done IL proving the
greater extent Of the ore bodies In almost
ever direction. and shows the mine to be
Is yet but scarcely prospectsd in any
direction whatever. q.
ophir.
The ore breasts and slopes in all the
ore bodies on the i3o0-foot level are
yielding the usual amount Of rich ore.
The Wine from the sast oross-cut No.
2 on the 1300-foot level IL down los
feet. the bottom still in the same char
actsr Of rich ore heretofore described.
The ore body in the south Wine be-
tween the 1900 and l465-foot levels Is
opening cut finely. On the l465-foot
level the ore slopes in the west cross
cut ON the north ore body are showing
better a. the opening advances. The
bottom Of the WINE from the southeast
cross-sut 10 still in ore thst assays from
SO to $500 per ton. The opening in
the east ore body in the east cross-eut
No. 2 from the main south drift Is daily
proving its greater extent and richness;
in fact the mine is steadily improving at
all points.
Crews Psias.
The ore breasts on the l4oo-fsst level
are opening out sPlsndidlv and promise
a soodly yield Of rich ore. The ore
breasts ON the l5o0-fost level are also
opening out fully rs we'll - those Of the
400. The south drift en- the l500-foot
level has reached to within about 40 feet
OF the Belchsr line. the face still In rich
ore. The mine Ia locking well through
out, and promises . rich yield for many
months yet TO come. Opening ost the
| i6OO-foot station IL making rapid prog
rsss; the mills are again running up to
| their full crushing capacity. and the fu-
turs prospects OF the mine leok bright
and prosperous.
nsrrs Nevada
Sinking the shaft is making STEADY
hsadway. The few Of water continues
strong and kssps the pump steadily run
ming. The east cross-cst in the old Sac
ramsnto ground has cut some hns quarts
but has not yet reached the point where
il was expected to strike the east ere
vein. The drift In the ore body recently
opened in the old Sierra Nevada tunnel.
is being enlarged. and cross-cuts are BE-
ing made in the ore bsdy which shows
il to be Of greater width and sxtsnt than
was at first expected. Daily yield, 81
tons Of ore. kssping the mill steadily
running.
Julia
The water has been drained sufficient
~ to admit ct the resumption OF work
in the drifts ON the lo0o-foot level. The
new pumping engine 10 in place. ready
10 start up as soon - the pumps are IN
place and ready 10 commence work.
Two Of the pumps are in, and the others,
along with the pump columns, : BE-
| inc put in a. fast - the work can Be 90
eemplishsd. II will Be but . very shsrt
time o until everything about the
mine 10 in the hnest possible working
condition.
Inpsrtsi.Eapirs.
The main east drift on the 2o0o-foo,
level il still driven ahead at the rate Of
4 feet per day. and viii probably reach
the ledge In Ave or ak days moro. The
main south drift on the ls50-foet lsvsl
il still pushed vigorously forward, the
east half Of the drift still In rich ore
This drift 10 not following the ore vein.
but 10 being run In . direct course foi
the northern line Of the yellow Jacket
mine. The bottom Of the south Wine
on the is50-foot level 10 still In rich ore,