Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-11-12
LOCAL MINING SUMMARY,
IN. Week K.aias Nsvsassr IL, 1874

lUORl MlUtUU oUMWRnts
Yer the Week Bsains Nsvs.ssr i2,iszA
-
Tho stock market has bean in an eI-
citing state Of fuctuation during the
last three or four days, the stocks Of the
north end going mp. while those Of the
south end have shown quite . marked
decline. The fluctuations have BEEN
great, and still continue with lively
sales. 0phir seems TO be the principal
point OF upward excitement. owing
more to q contest for tho control in
view OF the coming election Of Trustees,
than from any great improvement in the
mine. The San Francisco Posi- on this
subject. remarks as follows:
The contest going on between the
Sharon-Kesns interest or one side aud
Z. ]. Baldwin upon the other, for the
control OF Ophir. Is making the stock
exceedingly lively just now. II il a war
between stock and financial giants, and
no outsiders can nfford to take the
chances Of the struggle. One or the
other party will soon have sufficient
stock TO secure control.
The ophir mine itself looks well. and
the Consolidated Virginia looks better
than ever. From present indicationsths
ore body bids fair to provo to Be better
and moro extensive than evcn the great
and immensely rich Crown Paint and
Bslcher ore body. As to the Gold Hill
section the north end Of tho
ledge seems to have thrown this
entirely into the shade just now.
Bslchsr is lsboring under difficulties,
owing to tho recent destruction OF the
air shaft by fire. 1t is now decided,
however, to try and recover that shaft,
IL possible, instead Of sinking q new
one, as was proposed. With this view
the shaft is being filed in with waste,
and when this in done the r~s-sinking
and re-timbering OF II will be rs-eom-
mencsd. Filling it in will expel all
foul gases aud prevent any further
caving. so that the re-timbering can
progress with sa'ety. Meanwhile orc is
being extracted from those points in the
mine where II AN be done to the best
advantage, but prospecting at the lowest
levels has necessarily to be deferred
or considerably interfered with ut
present, by reason Of heat, and
lack Of proper ventilation. It will be q
couple Of months or 10 before the mine
will be in as good working condition as
il was before the destruction OF the air
shaft. The bad ventilation OF course
extends to and somewhat affects the
Crown Point which connects
with II. 1t will DO a week or Two before
the south drift OF the Imperial reaches
beneath the excellent ore body foundin
the level above. Below we give our usual
weekly summary Of the latest and most
reliable mining information obtainable;
Consolidated Virginia.
The orc breasts ON the 1900, 400 and
l5OO-foot levels are al yielding the usual
amount Of rich ore, and. II anything,
looking better than ever before. The
face Of both the north drifts on the 1900
and l4OO.foot levels, running ahead Of
the north ore breasts, are still in fine
ore. Another winzo has been com
menced. designed to extend from the
| 1900 north DRIFT downward TO the 400
foot level. The bottom OF this Wine Is
| also in fine ore. Work has also been
resumed in the face OF the south drift on
| the same level running toward the Best
and Belchsr ground. The north cross
cut ON the California line has not yet
reached the ledge. The face Of tho
main north drift on tho l555.foot level
is still in rich ore, which ~ still extsnd-
ing to the northward. OF the same rich
character heretofore described. Another
raise. No. 3, has just been started from
this drift 10 connect with the l5OO-foot
leyel Of the shaft. This raise In passing
UPWARD through rich ore, and Is located
about 200 feet south OF the Consolidated
shaft. The stack.pipes for the new mill
are being raised, the monster engine for
running the machinery Is being placed
in position as ias' as possible, an" . .au
nolv rn" '''" '
80 ror,;"ni.r ,b,nco 10 report
:, A.. ,ao Zoo, lave,
OF 'hs ore '''a y"
Sinking tho winzs IN south eross-cut NO.
| q. on tho l3OO.foot level, Is making Emo
n,o,rcss Tho bottom still In rich ore.
IN ora brea.t,. ON h o'IiG5-foot level,
40 onsn;n, ont splendidly with still
orsater promises Of better Developments
eshaaJ rTba hottom of the south winzc
ON ,a65.toot i,yel. near the south
i;ns ia .,;Il in rich ore. also the face OF
,hs sas, CRESCENT near the same point. |
m. ns~ air .omnres.or Ia working fine.
.n1 ,hs az nircs bave been extended
oun - ,Ss ,foa.foo level. Clearing
out and repairing the main south DRIFT
on that level, preparatory to commence
prosecuting win " nnuls 49,