Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-01-24
LOCAL MINING SUMMARY.
For tn. Week Knaius J..u.ry -, 1874

The stock market has been rather
quiet during the week, Ophlr and q
few others showing some advance,
while the majority have declined
somewhat. The market closes merely
"so-so." showing no particular ten
dency either way. All the ore pro-
ducing mines continue looking and
yielding we'll, and the prospects at tho
lowest levels never was so good for
pay ore being found all along the
ledge. The developments at the low
d,t depths Of the Ophlr. Consolidated
Virginia. Gould and Curry. Hale aud
Norcross, Crown Point, Bslcher, and
overman indicate a range OF ore de-
posts almost and perhaps quite con-
tinuous the whole length OF the Com
stock at an approximate depth, and
exhibiting an eastern alignment cor
responding with the east wall OF the
great lode. The tendency OF the late
heavy snow storm has been to rather
impede mining operations and the pro-
duction OF bullion. Owing to the
heavy drifts upon the Virginia and
rrucr.. Ra,ir,,J. tina ora trains could
not get through to tho mills on Carson
r;vsr ,hsr.fore the ore dumps of the
mipc. ,ould not be relieved, but al
.oon "a nil f,rtb.r,oxtraction had 10
h. Il, . ,r.,t MEASURE discontinued.
NJ. ,o,J /. clear AGAIN. however. and
orc shipment. 90 OH rs before. The
san rr,uc,s,o ana says ON Thu. polnt /:
The receipt, OF Bullion this week
have been moderate liio immeuiate
si'.ct OF tno storms r" w. snnnv 'I ~,
IN, month will nevertheless be larger
tlnn the same month last year. The
Belchar bullion, which o some
'mol.h' Wens ,ne mIu.. nj wei
,y,jn comes TO this city for reduction,
aud 1t run, rather higher In gold than
" uNi BtouuNhhVf W s'S $3.50 ~ i
also greater, and the Mint will pro
baby derive s5OU, OOO per month from
this source.
Money matters ara easy, and the dis
position 10 invest In stocks good. there
h.iny little fear ot nny sudden or dl..
sN,.e,.1..u..., -, 49,. 90.
''''o"' "''"o" p'
no sinai margins 10 wipe OUT ~ IN the
memorable break or panic Of n couple
of years ago, brokers generally calling
-, .n.n.I s,,,Ls .,a ,h.
'"' 'Vpe' "" so
whole amount OH anything having tie
odor Of wildcat" Below we give
c.h,, ,v. tn,w abou, tho mln.s.
'"
consolidated sIrx'hih'
Sinking the main SHAFT for the liOO'
foo, level l. making steady progress.
IN. mai, ,,r,n ., On. n n foo, Laval
IL.
mas maze con''se''o" WIZ" 'ie "p''a'"
from the l2OO-foot level. giving a fine
circulation of puro air. The main
lin an mi. laval I, b,inc continued
IIr.rtlv abeal to eros, cnt. pro,pect
u''s't'' a.s' w. III, p,h..es.
81, =, ,ha, noin, Tbs north Wins
IN, reached = depth Of 40 feet below
the l3O0.ioot level. tho bottom still In
rich ore. y drilt has Deen started
rom thi' "iIihe' at the looo'ioot 'evel,
coniect win Tue man uri't from
l3Oo'ioot station at Tue snai,;
which connection u !, expected VIII
be co'nlietea oy Mohnay next; Inc
lnrth ur'it on tue ioVV'loot 's'eI III
~ ieet' anu " ih'euueu " pene,,"vo
lnu prospect .nc V,ouli, o' .nc S'n
'nrnia Ioh'''ius,eu' "uu e'en'u"'Iy w
make a connection WIN '.G ns.n
'outi' dr,,s 'roth 'ne oPu'' Oh ..e sanh1
,eSei' no ore mas oeen eA,aoseu
rom tue mine on acg"uh' VI .no ore
Jumps being inll ann tue weA'nel 20
that u was impo,slo'e 20 ge1
NE ore hau'eu 10 lne mis-. puI,nH
ms delay Tue miners nave mostly oeen
'mp'oyeu III eul',,Is ou,
'nu fep','InS 'me ouh ,n'. v,.",,ue
.Vo-'Vo. .',e'' oo'"1s" 'cs
Io'iso'iul'eu anu "oa'u 0""!
shafts -
o' ,,oo,
n soush "'n@e run t"e i'oo''o'
.eve' mas Jn't oeeh s'a''eu p'o'pee'
HE ore bouy ahs connect WIN 'ne
,'a.n ss".u u,n "' i.o hs"n .,,r,eh 10
n%ra.nrct the orr, body extending down.
ward from tho 1865. foot level. In
,peninr the station for TIL, Wine, n
4 space Of 10 feet square was cut In n
.olid body of ricl, ore. The main south
iri,t on the l7OO.foot level Il being
rapldly driven ahead toward the maln
edge. The north drift on tho liG5-ioot
.evel /, also being pressed steadily
Nothing new OF the other por-
Ions OF the mine. Preparations are
RAPIDLY completed to start the
n,in south tunnel ahead. on the 1900.
too, level. To connect with the north
Irift on the same level from the vir.
,inIa Consolidated, Al n meeting of
s,orlbolders. held January Olaf. NJ
which m O75 shares of stock were rem.
the capitsl stock of the COM.
MA, Increased from 10. 800 shares
the mar value of 1900 pcr share, to
loo. 500 shares, of the par value OF 800
Der .hsrc.
nal, .x.,,u,..
iia'e 9 Sorer">s
Da''y yieiu ~ tons o' o'e' WHICH Is