Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-10-30


The Stock market opened weak, and
undsr sensational Bear reports, o. II
the great calamity was not bad enough
without attempts to sxaggerats Its Of
fects fer speculative purposes. The
Morning Coll, which never yet misssd
m opportunity 10 stab the community
In the hour Of its afiiction, had the fol-
lowing:
.,Jchn Maokay, o. the we'll known
Arm Of Flood 4 0,Bisn, Msoksy 4
Fair. says that NO ore viii b hoisted
from the damaged mines before NEXT
Spring. and that this throws 2.50O
miners ost Of employment. He says
there will DO 5000 persons to leave
hero. and all that In needed now Ia
money TO transport them"
On this the following dispatches
passed.
JoHx w. MAcxAY, Virginia City: The
Cal newspaper. Of this morning. repre-
ssnts you as having said that ore would
not be hoistod from the mines before
next Spring. Coming from you. this
statement has great weight; II not true,
should bs contradisted at once.
Coll DKASE.
President y. F. s. aud E. Board.
VIRGINIA CrrY, Oct. 20. 1876.
To Coll DrAxE. President 3. i. b.
and Z. Board: The Col IL ,aistaken;
see dispatches In Office Of Consolidated.
With good weather sixty days will re-
pair ali damage 10 works. I think the
mines are all right; rest assured no time
will b Lost here. Things look brighter
to-day. ]. W. MAcxAr.
These reports frightened many out Of
their stocks ut low rates. When the
Board met, however, tho market recov-
cred. The reports Of fire In shafts were
shown to be false. kilograms were re-
ceived by the President OF the Board
that men had passed down the Gould
and Curry shaft. through the l500.foot
level Of the Consolidated Virginia and
California, TO the Ophir. and the mines
were all right. There Is great distress
In Virginia City that requires immediate
relief; but the prospective demand for
workers IL very great. The city never
had 90 much need Of helpers, both
| above and below ground. The rssump-
ton Of operations In the mines that
have lost their hoisting works will DO
delayed somewhat, but what energy,
skill and ample means q do will DO
| done TO restore lumber and machinery.
| The great @. & @. shaft il sinking with
undiminishad vigor. The following
kilograms were received to-day and are
referred 10 by Mr.. Mackay:
To FLOOD & OBRiN-Octobsr 26-
Been down In the mines this morning.
AL right; no damage underground.
]. W. MAcxAY.
CONSOLIDATED VIRGINIA OrYIcr,
October 28-2 p. n.
We have one hundred men clearing
of the burnt machinery and grounds.
Engines do not look very bad; they can
be repaired soon. Have not been on
the levels Of the Consolidated Virginia
and California; all are In perfect order.
The water Ia ono.fourth less and doing
NO harm 10 orc breasts. No FIRE In any
Of the mines; all shafts In perfect order.
The railroad company have q large forco
repairing tunnel. SO soon al done We
viii have ample supply Of all kinds Of
lumber. ]. @. Fam. Supt.
The price Of stocks were, therefore,
very firm. No jot or title OF the great
ore body has been lost or injured. There
IL yet doubt when raising ore will DO re-
sumsd. and an inquiry for $500, 900
moro silver. from the Treasury has been
held In abeyanos. Al the afternoon
Board the market was stronger.