Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-10-19
Ihs csus.ock.

We extract the following remarks
from the San Francisco Ala. relative 70
some Of the most important mining To-
~calitiss and production Of the Com
stock:
The Consolidated Virginia for the past
month produced $685., 600. This result
has been obtained despite q loss Of S20,-
600 in discount in silver sold, and the
rise in quicksilver odds 81 per ton to
milling expenses. The fall in the price
of silver throughout the world. as COM
pared with gold has been considerable.
but will be temporary. But for this de-
cline and the DEAFNESS Of quicksilver the
Consolidated Virginia surplus would
this month have BEEN $4,000 after pay
ing 50 per share from SO ore, thu.
showing that profits OF mining. that
quantity and grade OF ore are " per
can't. as compared with 90 per cent. for
msriy. The completion OF the mills
will add greatly to the productive
power. twill be remembered that the
great Bsleher ore body was struck ON
the 9O0-foot level Of the Crown Point,
and spread out north and south about
300 feet, from GO to 100 feet wide, and
has been followed to the 15O0-foot lsvsl.
The great Consolidated Virginia body
commenced on the l00-foot level. 1t
has been followed down to the l5O0-ioot
level, where the ore 10 Of extreme rich
ness. Thus, there Is 500 feet OF per-
psndicular depth Of ore on the l4OO-foet
level; the distance between walls is ~
feet, OF which 70 feet 10 solid ore that
milled $40 for September. The length
of the ore, north and south has been e1-
plorsd 200 feet only. but, from the de-
yelopmsnts in adjacent mines, 1t goes
many hundred feet. This il equally as
rich q body as that which has given the
world So, 900. 900 from the Belchsr and
Crown Point.
The great wealth Of the Comstock
Lode is daily coming more distinctly int
view. There arv along the line more
important ore bodies, nearer together
and Of broader formation than ever be-
fore discovered. These ore develop
ments, by means Of recent discoveries,
are worked to so much more advantage
than formerly ~ 10 make the value Of o
comparatively low grade equal to that Of
ore very much richer q few years ago.
The dir compressor, the Burleigh drill,
and the new explosives, are among the
most important OF these which, coming
in aid Of the greater experience Of the
managers, with the improvements in
handling and transporting erss and In
reducing them, enables the bullion from
the increasing orc bodies to be eItraeted
to u greater profit for the stockholders.
Let US look back ten years. The Gould
& Curry was then the great mine, almost
the only one ON the lode paying. In
that year II gave 80. 800, 242 bullion; OF
this the stockholders got sGlS,00O Tbs
Consolidated Virginia 10 within ga feet
OF the Gould & Curry. In the last six
months IL has taken out 90, $3.50, 63l. OF
which the stockholders got S~l,9i4,OOo,
or thus:
Gould & Curry. Cen Va.
Year 1854. Six months, ".
Bullion yield. -. $2,s95.?t2 taSooSsl
Dividends. ........ 0is.oO lSf,pU
In 1866 out Of sl.G75, sos the stock
holders got but $3.50, sG5. This differ
in the proportion paid to stock
holders illustrates the improvements in
and working, although, 1t il to
be borne in mind. the Curry ores in that
-. o,.xa,.l arr whiis Conaolilated