Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-12-12
STOCKS AND xrSEx

The week closes upon 4 firm stok
market with a fine prospect for gqbd
prices next week. Some stocks arb a
little OF. but others are advanced q little
upon yesterdays prices; the gcneralrun
Of the market Is stiff and healthy. Gold
Hill stocks are reposing upon their msr-
its at the present time, allowing the bril-.
liant devslopments at the north end Of
the ledge to eclipse them. but our turn
will come in due time. There il no
reason for serious discouragement. The
Imperial development Of ore 10 q good
one, and will be brought out before long.
The Justice folks know what they are
about. the mine il well managed, In
very competent hands. and possesses de-
velopnents which not only justify the
present high price Of the stock, but also
the heavy and expensive new machinery
now being placed in position for deep
and extensive working-ths most pow.
erful machinery on the lead. Az to the
great new bonanza Of the Consolidated
Virginia, California and Ophir, 1t con-
tinues looking better and better rs fur
ther developed. A full realization Of
its actual worth seems impossible
and Wild and unreasonable as the
present estimates appear. they may
not be deemed so at all in a few
months from now. In the Consolidated
Virginia tho great ore body widens out
greatly a. il goes toward the California.
The southermost cross-cut east, at the
150O-foot level OF the Consolidated-232
feet from the California line--has reach
ed the east wall. and shows the ore body
ut that point to DO $50 feet wide. and
generally rich throughout. The next
cross-cut east-l32 feet from the CAL
ifornia lins-was in 225 feet last sven-
ing. nearly the entire length in the rich
est kind OF ore, and the face continuing
in the same. with no sign Of m east
wall as yet. The third c~ross-cut-and
the richest Of all-is only IL feet south
OF the California line. and il in 45 feet
this afternoon. showing. il possible,
richer and richer AS 1t advances. The
same may be said Of tho drift south
from the 0phir winze. l645-feot level.
is now running into the CAL
ifornia at the north end. But this is
too rich TO write about; let US turn back
to Gold Hill. A friend writing from San
Francisco spe~culates rs follows:
Belcher. which was placed ut great
disadvantage by the loss Of its air shaft,
has paid its usual 20 dividend. The
public feeling towards this mine is more
favorable than 1t has been for some time
past. and since the appearances OF Park
inson's map. which shows that the
bonanza extends much more into the
Bslchsr ground than in the Crown Point,
theories are current favoring n continu-
alton Of tho bonanza in a southwesterly
direction. and that this influenced the
Superintendent in choosing for the naw
air shaft n point a good deal west. and
not east. OF the burnt one. IL thk
should prove correct, Beleher will pat
dividends for years TO zone. There ID
also a rumor abroad that some big menl
are quietly buying Belsher. but whether
ON the merit OF the mine or for the
meeting. which comes of early in jan
uary, il Is impossible to guess. Many
Of the knowing ones feel convinced that
"a big deal for n rise" Is pending in
stocks Of the south end Of tho Com
stock.