Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-08-19
LOCAL MINING SUMMARY.
Latest OMcial Mining News

Latest Omcial Mining News
Sssehs aaa Chassss - Ni.ss saa
PrsaDssAs-Huears nsnsn.as ssa
Dtviassas-rs-Day's visw e The
Stoeks are. popularity speaking. ga
little OF to-day. They have held thar
own pretty veil ns last week. against q
heavy bar pressure. and runors Of
sonsvhat Of . stringsney In The
money market, bot have decidedly
. weakening tsndsncy to-day. We 80
little danger Of any extensive decline at
present. however. but on the contrary
look for . arm market during the
ensuing week. to b followed BY an ad-
vance. Capital can and does sway
prices 10 q certain extent, yet even cap
itl cannot always do as II plsasss with
stocks. Tho San Francisco Ala makes
the following correct remarks:
Il requires considerable capital 70
move the Stock Market. o. We have been
crippled to q certain extent BY the heavy
shipments made 10 the East this year.
and which will require several moro
months productions Of our mines TO
| eaualize the deficiency. u must mot
b, wondered at II the lively advancing
market OF tho past three weeks
| should he checked; but Il IL the
more astonishing that the rstrograds
movement should have been'so gradual.
which alone prevented q panic. a. but
few purchased upon the last market.
With the expectation that II would be
tho great rise Of the year. and the last
opportunity 10 buy at low figures was at
hand. The general tone OF the market
10 good; thoss holding stocks are con-
ijsnt that they will eventually realize
largo prices for them. and many await
ing a~nxiously for the lowest ebb 70 be
reached. 10 IN to come In and obtain the
largest amount Of stock for the smallest
amount Of money. The indications are
that the Comstock will show several
nore largo and rich bonanzas before the
ycar h over.
Tho elements Of prosperity IN o
mines were never moro conspicuous
han now. and the public was never bet
| .er disposed 10 invest In the values
shich those mines present and these
circumstances. some week. later. VA.
2'oaaes 'ne,s snes - \ ms,sss
ara moi favorabls 10 ureat activity. The
orc bodies in Virginia and Gold Hill arc
swelling in magnitude and richness, and
tho preparations mixing on = sca m
49, = 40 Iii
hoo money resourceso ON which the sup
port OF the Stock market depsnda-
The present mining OUTLOOK Is deeia-
edly encouraging. Inc repairs Oh tns
ophir shaft being completed, work u
started up AGAIN nm" 'no oPn"
s .s $40 I.
49,, !. .,.o,, a.,.,o,inc .omsthipc
,.,.-.~,;,., n ,,. I..,c. =, Thai n.int
%. A.. ILL.,. in
,.,., ,oo ,..,,..., ., an.
n.. r,.Yuu.L., 4. ,,o,,,,
- -, .,.;n
-,.n,,..-s.-
AMI the oVerinsn To- ale o"''ui"s sA0''
dump. Consolidated Virginia viii pay
n, usual dividend Of SO per share on
A.. -, q, r.,, uop,h nal beipp more
A -,
than assured oy tne increases rfo'.'
OF the mine. tho bullion yield thus TAR
this month being Sl75, 100 more than u
%. La, month Al this time.
=. ~ ,u,,,.,x..s,x
Ds'o"
summary OF Tho latest anu nos ''f'ec'
mining information, derived from Of
acial and authentic sources, showing
.... u,.. ,,-d.x nm 40
o si'uA''o" " '"0
the time OF going to press:
c~us..,
-
The main north drtit on inc i4Vo-iooe
levsl In steadily advancing toward the
o,h;, l;ns. ,hs face still In ore. Cross-
-. a.. ..u. ,.x., 4. h.,r,
cur No. -
driven east. the lace In nne ore. ffos-
peeting ON the l50O-foot level Ia rapidly
dawn, 10 n elose. nearly all having
hem done that can be, until the mills
are ready 10 commence the extraction Of
ore. The prospecting on this level has
| been the most thorough and systematic
possible. Amain drit was first run the
snure 'eng'n nosA. s...
vero "a 100 feet apart. dividing the
ledge into great blocks or sections, after
which q lateral driit was run iene,nu'se
OF .n' , T 49,, An - nnw h.ino
.s..i,n..I s,or, c,..s-crt No 4 IN cro.s.
s,s M = .nd a. h.st.n I'm eomnleiion.
s.;" + isSne yun from No, q 10 mes.
~. "a..n.;rs t,om No a anil In ths
To-. .sa h.;ng RIM m connect
% ~" srJ ON ia I5so.
~ 49,, ! main north dyiit i. ,ts.diIy
Uv os ~ o.. an In or. M m.
INas. csosscr,. No \ AMI
| uu88k CunInlt@ls