Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-07-29
MINING SUMMARY.


ss- he Week E.A,.s Js'' -, 1875
Latest Ofaclal Mining News
Ths sssek Markss-Prsssas ssA
rasars Prsspsets-hss All asA
nssw Wesktng ~ ths Lever
Lsvsls-nsw shs Dsaansa and
An sAs Oshsr Ainss Lssk Ts
Nay.
The lively stir In the stock market
continues. and ID very liksly TO sus-
tain itself for the next weak or
%. for dividend day 10 not very far
%. and stocks naturally sh1sn the
first Of the month. The financial stua-
ton il veil enough. money matters not
being stringent by any means, and the
recent low prices having induced many
Of the small capitalists those with .
few hundred dollars. waiting for . good
chance al bedrock rxtss - to in
vest. And sven at the pres
snt somewhat advanced rates. there
aro lots Of chances for judicious invest
msnt. Never before in the history Of
the Comstock was there . more honest
opportunity for . good rise In stocks.
based upon the real merit Of actual min
ing Developments. II 10 true that the
Ophir mine has shut down for repairs.
and will so remain for q few weeks, yet
singular rs 1t may appear. ophir
stock takes . decided advance in
consequence. The nina il not
injured or exhausted by not being
worked. and the improvements being
made in its working and ors-producing
capabilities will very soon tell for them
selves. All along the line the principal
mines arc prepared to mako important
Developments at their lower levels, by
prosecuting. or running into critical
points OF interest which they have been
q long time arriving at, OF have held in
reserve. A strike in either Of them will
create an advance all along the line. and
one development Is moro than liable to
follow another NJ fast a. possible.
At the present time the very hot
weather prevailing has its Legitimate
effect at the lower levels Of the mines.
for they being dependent upon tho air
from the surface for ventilation. cannot
have thar hot interiors cooled
Of excepting by cooler mir drawn or me-
chemically sent down into their depths.
The air certainly is not cooled any by
passing into the hot depths. Thus II Is
that very slow progress ID being made
at the present time in running
some Of the lower drifts and de.
vsloping the resources Of the lower
levels generally, but this is merely
temporary matter. and stocks are not
based thereon by any means. When the
proper time comes for them to 90. they
will 90. regardless Of weather or any
thing else.
Below We give our regular weekly
summary Of the latest and most correct
mining information. derived from Of
ncial and authentic sources. showing tho
situation Of each mine to-day. up to tho
time Of going 10 press:
Csasslidassa Virginia.
II
Daily yield. q little over COO tons.
principally from the 400 and iSoo-foot
levels. The various slopes and breasts
are holding out splendidly. and merely
showing more and moro ore as farther
worked and developed. This ore runs
% a high grade. AZ is shown by tho mill
ing and bullion returns. and tho big Boz
nsnza shows no sign Of weakening at
this point. At tho l500-foot level tho
great ore deposit In being breasted out
further TO the southwark than hereto
fore, and the cross-cuts east and west ut
tho l55O-foot level. where II Is inter
seetsd by the Wine from the level above,
arc both in very high grade orc as vet.
Of course not defining its extent at that
point. The north DRIFT at this level is
also driving ahead in rich ore. Not
~~ithstanding the great heat OF the wealth
or ard the natural heat OF the ground ut
such depths. this mine. being very ef-
fectivsly and systematically ventilated,
is worked to excellent advantage. What.
ever good air Is to BE- obtained under
the canopy Of heaven. is utilized and
brought TO bear In the case. Work at
the Joint @. 4 G. shaft Ii progressing at
the usual energetic rate. II 10 547 feet
deep, and the foundations for the new
and powerful hoisting and pumping ma
chinery IRE rapidly approaching CON-
p~letion. The yield OF the mine exceeds
that Of last month, and dividend day"
In near nj hand.
Cheilar.Pssesi.
Orc extraction and hauling TO the mill
was resumed last Thursday. the daily
yield being about IS tons. Prospecting
at the three lower levels In actively going
forward, and the main incline Is being
advanced downward as fast a. ths hard,
ness Of the rock and extreme heat VIII
allow. At the llt0-foot level the drift
south Is advancing ut the rate Of two
and q half feet per day. In very hard
rock. Al the l250-foot level. south. to-
ward the north line OF tho Bullion mine.
the daily advancement Ia about i've feet.
in easy working vein material. prin-
cipaily porphyry. At the l35o-foot level
lifting south in well started and ndvan-
! cinc finely, with the face in p~orphyry.
| The pump easily handles all the water
| coming into the incline. Work at the
famous new combination shaft 10 going
ahead iiourishinsly; sinking at the rate
of three feet per day.
C~aliSsrnia.
The various drifts and cross-cuts ut
the 400. 1900 and i55o-foot levels show
no particular change to note since last
weeks report. except In some instances
t.r tho better. In fact tho continued
progress Of development simply just.
| ifes all predictions a. 10 the extent and