Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-03-12
LOCAL MINING SUMMARY.
per tn. Week R.dius March II, 1874.

tor the week hnuing Norcn hSsioS@'
The stock market has not been live
ly for the past week, aud a general de-
cline has been apparent. closing to-
day at a still further decline, and with
a declining look. Bclchcr and Crown
Point are lower to-day than they have
been for many months, a,..can be seen
BY reference to our regular daily stock
report. They have both just paid
their regular dividends for the month,
and certainly a big monthly interest
on tho price OF tho stock, and both
have ore enough In sight to warrant
several more such monthly dividends
probably for = year at least. Both
mining companies have made prcpar-
atlons for increasing their production
aud will do so, not only the present
month, but for future months. Tho
mining situation all along the Com
stock continues good, Notwithstanding
all Interested Misrepresentation at
San Francisco or anywhere else,
and all In this section, holding
stocks, need not be- at all afraid. just
hold on and they will come out oil
right, and before long. Tile old CON-
stock has turned out = vast amount OF
bullion, aud has moro material In sight
ut the present time than ever before.
Stocks, however, run high or Il low,
In accordance with the operations OF
tho manipulators, and the great herd
Of stock dealers IRON tho highest to the
lowest, follow to the lead, as q band
Of cattle follow the old ball, or 4 flock
Of sheep follow tho old buck or bell
weather. Thus 60 the stampeies In
stocks, up or down. Stocks can II as
they please however, below we tell
what VIC know about the mines:
Ophir.
There Is no particular change to noe
Of the prospecting operations on the
l3oO. foot Lowell. The Wine from the
liG5 foot level has apparently passed
through the west orc body, which was
found to be even richer than 1t was on
| the level above. Although the bottom
| Of tho Wine IL through the ore the for
nation In the bottom Is such as to yet
| cast n doubt rs to whether the west
wall has been reached. The ore body.
| where penetrated In the winze, pitched
sharply to the east, aud hardly leaves
no doubt but that II will continue TO be-
low the l700.foot level. The main
southwest DRIFT, OH the loo. foot level,
Is In 2S5 feet, the face still la porphy-
ry. The east crosscut, from the 100
foot station. has been stopped for the
present. The face of the north drift
| OH that level Is In clay, with evident
Indications OF soon reaching the ledge.
Consolidated Virginia.
The ore slopes and breasts on the
1000, 1900 aud l300.foot levels all con-
tinuo to look splendldly. The north
wInze Is down to the li0O.fo level,
the entire distance In good ore. aud Is
now being sunk below that level to
form n stump to catch a light sipeage
| Of wator now coming In. The bottom
OF this winze Is still Ia magnificent
ore, some Of the tub samples yester-
day assaying as high as $500 per ton.
Ii Is the intention In n day or two
more to start n drift north from the
bottom Of the Wine to connect with
the south drift from the 400 foot sta
ton. The south drift from that sta.
ton has Just been fairly started and
will now soon complete the connec-
ton with the Wine. Sinking the
main shaft Is making steady Roadway.
Crown Point.
Daily yield, 800 ton, Of ore. which
Is being extracted from the 1000, 1900,
1900 and 400 foot levels. All Of the
ore breasts on tho three first named
levels are looking we'll. Tho north
winze. OH tho 400 foot level, has at
tanned a vertical depth Of 81 feet. all
the way In good ore. Tho middle
WINE, on the 1t00-fOot level, Is down
81 feet, also In good ore. The three
floors which have been opened up on
this level, are producing a large
amount OF ore OF excellent quality. On
the 1900. foot level the main south drift
following the course Of the foot wall,
Is being driven ahead vigorously with
a view OF iutersectlng the middle aud
north Wines. The water on this level
Is decreasing rapidly and In n short
time 1t Is expected that the level Will
b. entirely drained.
BcIcher.
Daily yield, $50 tons OF ore. The
main Incline Is down l26 feet below
the llOO-foot level, In hard blasting
rock. The east drift, at the 400. foot
station, Is In 100 feet, also In hard
blasting ground. Tho Wine, from
the 1900 foot level, Is down past the
li00-foot level, and Is being continued
OH down to reach aud ventilate the
1900 loot level. Tie orc IA being ex-
tracted mostly from the 1000, 1900 aud
1900. foot lcvels-the ore breasts aud
slopes on all Of which are looking well
and yielding finely. The stormy
weather does not Interfere with tho
transportation Of orc, aud the mills
are all kept steadily running up to
their full working capacity.
sierra Nevada.
Daily yield, IS tons Of ore, keeping
the mill steadily running. Tho ore
breasts are all looking well, aud the
ledge appears to be becoming more
solid, the ore requiring continual
blasting. The up raise In the old Sac
ramento ground Il still driven ahead,
without change Of value to report.
The drain tunnel for the proposed new
hydraulic works Is being rapidly drlv-
en- ahead. The drain tunnel 10 con-
meet with the new shalt at the lG7
level Is also making good Roadway.
Sinking the new SHAFT Is progressing
at tho rate Of three feet per day, the
rock In the bottom blasting finely.
Gould 4 Curry.
The heavy flow Of water from tho
main east drift, on the l50O.foot level,
continues without intermissisn. and Is
all that can be handled by the pump.
There Ia no change OF value to relate