Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-12-23
LOCAL MINING SUMMARY.
Tor the week Ending Dee. ri. 1879
Latest Official Mining News

LalcSt UAiClul lllIllllS NCWS
stocks sofs-Minea Firm Prospects
for the mig Rise, and Prospects
fer Bsnanxas-re-Day's View or
she situatisa, both Above and
beneath she Surnsce.
Those who loaded up a few weeks
ago, when stocks were away down. and
are still holding for the expected big
rise. will evidently have TO wait q little
longer for the good time coming. The
stock market has been shading CT for
the last two or three days, and to-day is
still softer. Many. however. who were
shrewd enough to invest at the time w
speak OF. have been shrewd enough TO
~realiz, at a good profit during the last
few days. This has doubtless Ind an
influence in depressing tho stock
market. Money s,rinseney, as well as
other circumstances peculiar to general
business affairs at this particular period
Of the year has also much to do with
stock depression and operates serious
ly against any lively or extensive rise in
the market. Wait a few weeks longer.
Meanwhile. the valuable and extensive
ore Developments already made and still
being made in the mines will not allow
Of any serious tumble in stocks Mt pres
sni. and everything tends to confirm tho
promise OF u good market in the early
part Of the coming new year.
Below We give our regular weekly
summary Of the latest aud most correct
mining information, derived from Of.
fetal aud authentic sources. showing
the situation Of each mine to-day up to
the time Of soins to press:
Belcssr.
Daily yield, $50 tons OF ore. The
ore breasts are looking well and yield
ing the usual amount Of good milling
ore. The bullion yield promises to DO
fully equal this month to that Of No
vember. the returns showing a large in
crease in the amount OF gold value in
the pulp and bullion assays. The con-
nrction has been completed between the
upraise from the 1i00-ioot level and tho
air shaft below the l300.foot level.
greatly bensitting tho circulation Of air
in that portion OF the mine. The i'm
provsment created by this air shaft has
been 30 great. that 800 men now per-
form the work that II took nearly 1000
to 10 before tho mir shaft was started.
This new air compressor is now ready to
start up. and il is confidently expected
tina, its power will be amply sufficient
TO drain the remaining water from the
lGO0-foot level in = very few days. As
soon rs that Is accomplished 1t il tho in
tention to again start the drift on that
level toward the ledge.
California;.
But little has been done on the lower
levels during the past week, owing TO
the want Of a dump in which to place
the orc extracted while running the
prospecting drifts. Sinking the c. &c.
shaft il making excellent progress, ths
rock in the bottom blasting out we'll. 1t
il now down 9l2 feet. Work will soon
be resumed on tho lower levels. The
new G0-stamp mill will be ready to start
up in q very short time, and will he an
immense addition to the crushing power
Of the Comstock. The stamps have
n. Inch stems, being half an inch
larger than any before used in the mills
Of this section. They weigh 900 pounds
each. The mill will be supplied with
every Improvement and convenience
that can 10 devised. AMI will bs a model
construction Of tbs kind.
Ksssnth.
Sinking the Wine in the orc vein bo-
low the 2O0.fost level. COO feet south OF
tho main shait. Is making excellent prog
rsss. the bottom In ore assayins from
$2s TO S35 per ton. and which appears
to be steadily increasing in Value an tbs
winzs descends. II 10 nov down IL
feet. The main south drift on the 800
foot level il in u distance Of 25G feet,
the face in quartz and low grade ore.
Tho ledge ut this point is very solid and
well defined. and the quartz OF n solid
character. Good progress is being made
with all the prospecting drifts through.
oa' sn0 ,nn . ~, I."., I has waach.I ,;,,Is
~. =" csa.,.x.s a, \. \
,ss. III n..;n, i.aJ;ss ~
IN ~ ,anaJ N" f'
Wv "" w N
Julia.
Sinking the main shaft Is making
good progress, the rock in the bottom
working we'll. Tho 1GO0.fo station il
completed. and n main drift is being
driven toward the ledge with all posi-
Ole 'nersy' anu very ns,'y.i1S p' ~.
ftoo,,o,, I.,ai 4. bs;nc ,anialv driven
,o.,..sJ a.. Ia. Il, Az. is.Ico matter,
Ths main .on,hves, drift on The 400.
o., i...I 4. s,..1;ix .Jv.,.;n, i, ycrv
s.'y. ~.a1 IN. n,a,;n.,, /.
'.h;s. st,' Sn, a.. n,.sns.,s 81 ,ho
NotAink h"eiy' "a'. ~ !"