Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-05-28
LOCAL MINING SUMMARY.
Yer u. Week Ksdias May ~, is1A.

The stock market at the prsseut
writing Is In 4 very dreamy, quissesnt,
uncertain sort Of 4 state. Nobody.
apparently, can see where to invest
with a showing for big profit. The
principal producin. mines are simply
working along Ia the even tenor OF
their way. and doing nothing to force
the market upward or to Induce their
friends to invest. Good developments
are anticipated within the next tive or
three days at the l5oo-fsot level
Of tho Consolidated Virginia, and the
Belcher Is looking rather better than
usual a, the 10000 level, with msst
excellent promise for the future.
Crown Point has dividend, In sight
for many a month to come. IL Ia
well.manased mine, and has a pronta-
BILE future before Ii. Tho general out
lock IL good all along the line, and a
good stock market for the next week
Ia very confidently predicted. Below
we give what we know about the
~,,,s..
~
be'ens.'
Sinking the main incline HAS oesr
suspended for tho present, pending
,Ls -o,s,in, of the l5OO.foot station,
-,,.,,.-e,,.-.u ,,. Roadway that
which - uh'Ni"S AZ ~ -. =, ,L.,
Is poss'o,S 10 uo We $50 = In
nature. lhc no,'n wv Iii -.
ciihe' on tne iiVotuo' .1'',h Lin
the connection Win wv SUI. ~.
from the Oro"n ro'hs ''ne uu,"ss
week. when VIII thotough'y ,e",''ss1
u ltOO.iost level = iroun tha' w.
admit the holsting VI ore ,oug" N"o
company sown sha,., witch WI
great vahtag ine ole s'oPcs vi
tho liVo-ioet 'e'e' are NV" vpts"n,
out three hoors' OF 81 iee. W ne'sn',,
tue ore oeih. OF eNee.,ei. Iua.,'y ~" ~
Improving dc ''V Mo'N p,os ,ho
tne southwAru. tne Wac "o" o
ltoV 10 ,ne TOW 'oot Ie'e, -
pleted. ms gi'esa sooI c'reu''No"
OF air 70 that uspih, aug As soon as
the norm ahu south utiits aro e",'
nected OIL the li0O-foo level,
will enable tho prosecution OF
the main drift southwark on the
l500.ioot level TO meet tho north drin
an the same level from tie Incline.
All the prospecting drifts throughout
the mine are being pushed vigorously
ahead with favorable prospects OF the
development Of still more extensive
ore bodies. New gearing machinery
l. being pnt In the main inciine' pre-
paratory To putting Ia a new incline
cNr calculated TO hold and hoist eight
tons OF orc at n time, which VIII oe
of great assistance IN tho extractien o
ore from tho lower levels; new nr
niue Ia. been started 200 feet from the
norIh line. This although in,ended
for air purposes, WI, ps maas zoo
Mors'Is ,tn' 'ua ~ 800 ~
'',.e,' 80 ,h. tn,.n,,on
Tue 9oo,'oo' ,e'' ~, .n,s,.
70 oo.n '"s 80 ~ I...Is
'"' ''' W ~.
DC oN Oh ~" sa
wols 20 sohIpIo',on "
s'h,s o u !" os oo" "
on thc ioVo, iEuV' low a"u tiV v,yy
,eNes are ~, o1h'"S "e,,
ihS spIehuiu'y, w ''.t .u'.nE v ~
mere ore at present. .n'n ,ne n..'
eau crush, some OF Tue MUS on lns
Carson river being AZ this time CONSUL
erably bothered III the'r operations oy
the backing up OF the high waters
caused by the melting OF SHOWS Ia the
Sierra Nevada mountains
si.rr. Nevada.
DalIv WELD 80 ton OF ore, keeping
a.. Iii s,.,J;Iy ,,,,,nc ,ru,h,,s
,f, from tho mine. The low Of water
nj the bo,tcm OF the new shaft seems,
II anything, to be increasing rather
than diminishing; the hoisting tanss
are kept .!eau,ly Iu"", ",s,uat s"e
water 20 Ihe su,.'eo ma tSn ,.o,
inc wafer tAnAs unu pI..p ~ y
Ifom 'ns sur'.ss "I ~.
ereetlon Oh lne Iah w ~.
thenceu lm'heala.e,y. ",sn'
tahAs are eomp,ssI a., ,eo1, o..