Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-09-10
LOCAL MINING SUMMARY.


sSSNs VtsC
Fer the Week Esdiss SEPT. 10, 1874.
The Stock Board at San Francisco took
. rest yesterday in order to attend the
Pioneer celebration. and to-day the
Board il in session again as usual. but
prices generally remain about the same
as day before yesterday, showing per-
haps a disposition for stiifening and ad-
vance. The bears got after Crown Point
and knocked II down considerably. right
in face Of the dividend. The Belcher
has increased its dividend TO -. Crown
Point rssumss its regular monthly divi-
dsnd Of 50, and Consolidated Virginia
pays 80 per share as usual, making an
aggregate dividend disbursement Of
$9i0, O00. which will do very we'll
for tho present. Next month the
aggregate will be owe $1,000, 900. Ev-
erybody is looking forward to a "rise"
in tho market-a good rise-and pretty
soon. too; yet the market does not seem
to look promising or exciting enough to
induce them to invest; therefore 1t is
that transactions are not very heavy
or extensive as yet, and the market
continues to sse-ssw up and down as
usual. Perhaps the parties suppossdto
control the market are not ready to put
up stocks; perhaps they are not able to;
perhaps there will not be any serious
rise at all.
Below We give a summary OF the latest
and most correct mining information
obtainabls.
Crows Psint.
The main incline Is down TO the 1000
foot level. at which point n station is be-
ing put in preparatory to drifting for the
ledge. The main south drift, on the
1900 foot level. is still vigorously driven
ahead without change Of value to re-
port. The only prosecuting done on
this level yet, Is an east cross.cut run
$50 feet north Of the Bslcher line, which
cut through a body Of rich ore % feet
wide and was then stopped for want Of
proper ventilation. As Don as that 10
obtained tho development OF the level
will DO continued at once. The connec-
ton Of the new air shaft OF the Belcher
mine, with the upniss. has already pro-
ducsd 4 favorable effect, and will no
doubt greatly benefit the entire mine.
There Is still a stron: fiow OF water from
the l50O-foot level. No ore has been
extracted from that level yet, or will DO
for some time to come, as the supply
coming from the 1900, 1900 and 1I00-foot
levels is amply sufficient to keep the
mills steadily running for months yet to
come. Prospecting operations on the
l000-foot level have also shown that the
ore body on that level extends as feet
further to the northward than had ever
been looked for. and is Of q quality sec
ond 10 none In the mine. This Is u val
liable discovery, and will add greatly TO
the wealth Of the mine. The ore bodies
being worked on the lI0O-foot level are
extending further 10 the %northward than
on the levels above, and are greatly in-
crsasing the chances Of the kentuck
mine Of finding ore when an opportunity
is given for prospecting It's lower levels.
The machinery is all working finely. the
mills are all running steadily, and the
future prospects Of the mine are good
for months to come.
Consolidated virginia.
The completion Of the north drift on
the l5OO-foot level from the Gould 4
Curry shaft and its connection with the
north WINE has greatly cooled the differ
emit levels Of the mine and increased the
facilities for the extraction OF the ore
and the comfort Of tho miners. The
ore breast both north and south on the
1900 and 1i00-foot levels are yielding
finely, and never looked more promising
than at the present. The ore extracted
is all Of high grade. none OF tho car
samples during the past week running
below SI0S-avenge assay value. Inc
pocket Of water struck q short time since
in the main south drift on the l2OO-loot
level il about entirely drained. The
south drift on the l5OO-foot Lowell made
the connection with the north drift from
the bottom Of the north Wine this morn
ing, forming q complete ventilation OF
the l5OO-foot level. The erection OF the
new mill is progressing finely. All the
frame timbers, the foundation timbors
for the machinery and the battery blocks
are finished, ready to be put in place:
The frame work OF the ors-housc and
battery-rooms IL already erected, and
nearly tho entire machinery is on the
ground ready to place in position.
Daysss.
The extraction Of ore is again being
vigorously prosecuted on both the sec
ond and third station levels. The north
drift on the second station level has been
cleaned out and repaired. and work was
resumed in the face last evening. Some
excellent ore was found in = winze q
short distance further to the northward.
in the early workings Of the mine, aud
il il confidently expected that when this
drift reaches q point under tho former
workings, that some good ore develop
ments will be made. The main south
west drift ON the second level, where the
heavy flow Of water was tapped some
time since, is being repaired and gradu-
ally drained. so rs to admit OF soon
reaching the face OF the drift, where
some good developments are also looked
for, AZ there seems hardly q doubt but
that the water comes from q body Of
quartz. Daily yield. fifty tons OF ore,
keeping the Woodwork mill steadily
running.
wssavNis.
The ore in both the northwest and
southeast drifts from tho main north
tunnel OH the 20O-foot level still contin-
uss Of a fine quality. Sinking the winze
from this level to connect with the level
below, is making good Roadway, the
rock in the bottom working finely, and
the north side Of the Wine occasionally
cutting punches OF fine ore. The ore
development in the north drift ON the
3OO-foot level. still continues OF n fine
character and an excellent quality. The
body Is widening as the drift progresses
to the northwest, and promises u good
development by the time the drift reaches