Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-10-28
MINING SUMMARY.
Latest Official Mining News


Fer che week EndisE Oct. n. 1879.
Latest Official Mining News
new our Mines Leak To-day. and
Asw the Great Ceanagrasion ~
Virginia city AHeess che stock
Market Present Prospects NJ
ths Lever and Upper Levels,
and she General 0ssieok fsr chs
Future.
Tho mining situation remains about
the same as 1t did q week ago. 30 far as
the actual status Of mining development
IL concerned. The great question OF
The day is. the effect Of the recent fear
full conaagratiou at Virginia upon the
mines Of the Comstock. Those Of the
southern section, beyond the immediate
reach Of the calamity are. OF course.
unaffected. although the stocks repre-.
ssnting them are depressed proportion
ately through sympathy with the rest.
Tho destruction Of the Consolidated
Virginia and 0phir works. as might
DO expected. created q sudden aud dis
astrous tumble in those stocks, affecting
the whole line. yet tho damage Is con.
fined to the surface. neither Of the shafts
being injured to any extent. The Con-
solidated shaft was well looked out for
aud protected. but II was feared that the
firc had got into the ophir shaft. This.
however. proves not to have been the
case. for ii we SO to press this afternoon
We are informed that Mr. Ferguson.
foreman Of tho Gould & Curry mine,
aad Marshall. foreman Of the Ophir,
have succeeded in passing through the
lj00-foot levels Of the Gould K Curry,
Consolidated and California to the
Ophir. They were not troubled by
either smoke. gas or water, and report
the mines all right. Already measures
arc being taken to replace tho powerful
surface machinery at both tho shafts
mentioned. Some OF the heavier por-
tons are said to DO but little injured;
yet even in case the whole has to be
replaced. 1t Is q mere matter Of q fow
weeks. The Baltimore Consolidated
boisting works are q counterpart Of
those Of tho Consolidated vir.
ginia. and We understand hat these
have been already offered to replace
the works Of the Consolidated. II neces.
sary. Meanwhile tho Gould K Curry
works are in full operation. and doubt
less will DO brought to bear in the mat
ter Of working and hosting ore from
tho bonanza mines. The great flood Of
water tapped in the Consolidated
. few days ago is fast subsiding. 1t is
bulkheaded out Of the Savage and Is
raised by the Gould & Curry pump.
The Of the mines areimmensc.
and there is plenty Of bullion in the big
bonanza to repair all losses by tho re-
cent great calamity. Merely the rcgu.
lar Consolidated Virginia dividend for a
single month is sufficient to replace all
the hosting works destroyed.
Below we give regular weekly
summary Of tho latest and most correct
mining information. derived from Of
fetal and authentic sources, showing
no situation Of each mine to-day, up TO
tho time Of going to press:
Consolidated Virginia.
On Saturday last q strong flow Of
water broke through the east wall OF the
mine on tho 400 foot level. flooding
the 1900 foot station and stopping all
extraction OF ore for the time being.
BY energetic and ~judicious. management
the water was got well under control
by Tuesday last, when, In IN hours
time, the hosting works, machine
shops, storehouses, q million and q
.n ,r,,r feet Of lumber and timbers, 500
co,ds Of wood. the splendid G0-stamp
mill, in fact everything on the surface
OF the grounds, were reduced by fire to
a mass Of smoulderiug ruins.
The loss Of the hoisting works ma.
chinsry and supplies alone will not fall
far short Of 81, 200, 900. The loss OF the
mill amounts to $431. 900. which will
swell the sun total to 81. 500 900. The
cages were stopped in the shaft ~ feet
below the surface. covered with rock and
earth. and the shaft saved complete.
All tho books, papers, deeds and &C
counts Of every description were saved
complete. SO that not even q scrap was
lost. The G. & @. shaft and works were
also saved by q gigantic effort. Since
the burning Of the works the water has
risen nearly 200 feet In the Gould
and Curry shaft, but has not yet reach
cd the l5OO.foot station, and will not
probably rise abovo that point.
Supply Of ore being entirely cut of, the
remainder Of the mills will OF course
have to shut down when their present
supply Of ore IL exhausted. The morn
ing after the fire superintendent Fair
had orders at the mills In the noun
taips for lumber to rebuild the entire
works, and men are already ut work
clearing the debris and preparing the
grounds.
0phir.
The hosting works, Office and sur
rounding buildings, along with a largo
amount OF wood. lumber and other sup
plies, wero totally destroyed by the
great confagration on Tuesday last.
The loss Of the hoisting works alone
will amount 10 not less than $3.50 0OO,
while the loss Of supplies for Winter
use will probably foot up $4,000. The
works were insured for sec, DOC, In some
Of the best English companies, 10
that the actual loss will not fall q
Great deal short Of S25O.0O0.
As a matter OF course, when the supply
Of ore In the dumps and at the mills Is
exhausted. the mills must stop, rs there
Is nowhere else at the present time q
sufficient amount Of orc being extracted
to keep them running. Every effort
was made 10 save the shaft and mine,
and no far a. the shaft IL concerned,