Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-07-02
MINING SUMMARY.
Fer the Week E.liss Jaly ,, 1st4

Fer the Week Knaias JAY =, 1914
Stocks have been pretty stiff ant
somewhat up, the last day or two, bu
to-day the market closes 30, so; that Il
to say. no better than 1t was yesterday
To-day there has been ono session o
the Board in San Francisco, and 1t nd
journed until next Tuesday, in order to
give the members as well as the brokers
connected, an opportunity to celebrate tn
glorious Fourth properly. Tho market
has stiffened to a considerable extent up
on tho strength Of orders rushed in
knowing the Board was going to tax Z
this vacation, and the market next Tues
day will probably open about tho sam Q
as it closes-perhaps at a falling OIL OF
prices. The mining situation gen.
orally is looking finely and very
promising, and perhaps after tho excite
ment OF the Fourth has passed and peo-
Pies minds have sobcrcd down to gen.
eral mining, financial and commercial
every day business, better attention
may DO paid to stocks and mines, with
resultant good prices and prosperity.
Below We give what We know about the
mines:
Consolidated Virginia.
The ore breasts on the 1900, 1900 and
l4OO-foot levels arc all looking well md
developing splendidly.. Most OF the ore
now being extracted is taken from the
1900 and l3OO.foot levels, but little more
being done on the l4OO-fo OF level than
opening ont and getting ready for future
operations. Prospecting the ore vein Is
still vigorously prosecuted on that level,
the cast wall Of the vein having never
yet been reached. Sinking the north
Wine, No. 9, from the l300-foot level to
connect with the l400-foot level, Is
making rapid progress. Driving the
main south drift ON the l500-foot level,
is making good Roadway, following the
west wall Of the ledge, which nj this
point il well defined. the pay ore lying
In n solid body against the heavy clay
wall. Sinking the north winzo from the
li00-foot level TO connect with this drift
is making excellent Roadway. The
grading and other preparatory work for
the erection Of the new mill IL making
good progress.
savage.
Sinking the main incline below the
20OO.foot level goes steadily on, the
rock in tho bottom blasting out finely,
and good progress being made. The
south winze from the l900-foot level
has made the connection with the south
drift on the 2000-foot level, giving q
much needed circulation OF air. and
greatly facilitating tho work in that por-
ton Of tho mine. The south drift is
now being enlarged. timbered, and put
in good order for working purposes. As
soon as that il completed, prosecuting
and prospecting the ore vein on that
level will be in order. This drift is also
being continued to the southwark 10
connect with the north drift from the
Hale x Sorcross on the same level.
The annual meeting Of the stockholders
will bo held in San Francisco on the 10th
day Of July instant.
Justice.
The water is all out Of the incline, and
sinking is going ahead ut a good rate Of
progress. About 40 tons per day OF
good ore is being taken out through the
old Waller Defeat shaft. A large force
Of men are employed excavating for the
foundations Of the new machinery. This
machinery has been ordered and IN o
being manufactured in San Francisco,
and when completed will in power and
finish be second to none on tho line Of
the Comstock. The hosting and pump
ing engines will cach have % inch cylin-
ders and n four foot stroke, and the
other machinery will all be built in pro-
portion and made Of the best possible
material.
Gould 4 Curry.
There is no change Of interest to re-
port OF tho prospecting operations on the
i5OO-foot level. The north drift On the
i7OO.foot level il still driven vigorously
ahead without any new development to
relate. A station has been opened in
the double WINE at the lS00-foot level.
and cross-cutting the ledge commenced
at that point, The quartz on that level
shows q great improvement in the quail.
ity. and there isstrong hopes entertained
Of a good development OF ore in that
quarter soon. The prospecting drifts at
the fourth Station have nearly reached
the Best & Belcher line and IRE still in
barren quartz.
Utah.
On Friday last a strong flow OF water
was struck in the bottom Of the shaft
which stopped the sinking and has kept
the tanks busy hosting water ever since.
The flow Of WATER which, for the first
| four days after 1t was struck was very
strong, is again gradually subsiding. and
the prospects are that the water will
soon DO sufficiently drained TO again nd
nit Of a resumption Of work ut tho bot
tom. All work on tho 4O0-foot level Is
suspended for the present except run.
ming the main north drift, the face OF
which is still in fair looking quartz, hut
has not developed any paying body OF
ore as yet
Nevada.
The mine being now well opened and
developed al the present working level,
showing a large amount Of pay ore,
work is suspended at that point, and in
order to open the mine 100 feet deeper,
q new tunnel is being started from the
rayinc south Of the hill. This is already
in about 30 feet, and will have to go 200
feet to reach the main lead, which 1t will
then follow directly beneath the old
works or present upper working level,
thus exposing a still larger amount OF
ore, enough to work upon for some time
to come. This new tunnel is nm I'M
portant Improvement, and a judicious
idea in the future working OF the mine.
ChoIIar.Potosi.
Daily yield. 100 tons Of ore, tho rs.
say value Of which is $50 per ton. There
is little or no change in any OF the orc
producing sections OF the mine since
our last report. The prospecting drifts