Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-09-17
nlxn AND vIxAxcsS.

The following reports on mines vers
accidentally omitted from q regular
weekly mining summary yesterday:
west Dsieher.
With an increased working forcs the
tunnel Is being driven ahead at a lively
rate night and day. Very favorable
ledge matter Is encountered. and the ore
indications are growing better and bet
ter a further advancement is made TO-
ward the good body Of pay ore which
previous workings have demonstrated
to b In the mine, and for which this
tunnel IL bsing run.
L~sviathan.
The drift al the 420-foot level. follow
ing the vein. il still actively being driven
ahead, with the face principally In
quartz. Good assays are obtained, and
still batter results arc looked for before
long. Water does not interfere. ~
very good progress Is being made, III
though the rock il rather hard ct pres
ent.
BapsFisS.
This Ii n Of the old Gold Hill ioca-
lions, situated In Crown Point Ravins,
. short distance bslow tho ophir grade.
The elaih wal located in 1868. and .
tunnel run to iutersset Q very promising
ledge which cropped out ct the surface,
and which gave good assays. This tun.
| mel intenected the ledge ct o depth OF
forty feet below the surface. demon
strating II TO be twenty feet wide at that
point, and giving an average assay OF
500 to the ton. Tho subsequent decline
Of mining interests in this section
caused q suspension Of work In this
mine, Notwithstanding the good pros
poets obtained, and being In the
hands Of poor men, u vm Allowed 70 re-
main idle from that time I'LL recently.
II IL now rs-incorporated, with the con-
trolling interest In the hands OF men Of
capital and ability to bring out is real
merits. The Company have appointed
James II. Mcknight superintendent,
and, under his efficient direction, q first
class working shaft Is commenced. which
will intsrscct the ledge at . depth OF
200 fost, where II should be found con.
centrated into q fne body Of pay ore.
Tho Superintendent proposes putting
down that shaft TO the depth mentioned
In about three months. Steam hoisting
works will 10 provided a. soon ~ re-
quired.
0rsas Wsadsr.
We have been shown q rich specimen
OF ore from the Great Wonder mins In
Silver Laks District, Douglas county,
So miles from Dayton and thrco miles
from the Oreaaa mine. between Hinss'
Hot Springs and Genoa. The ledge Ia
largo and well defined. and the orc ar.
gsntiferous galsna. similar to the ore
found In the Orsana mine. The spsci-
men sent to us was from Henry Fischer,
Of Silver. who Is ono Of the lucky onos
interested In the mine. II they have
plenty Of such rich ore a. this In tho
mine. thor fortunes aro secured.
In tho matter Of stocks aud finances.
tho San Francisco Aha Of yesterday
says:
There was morn stir In the street to-
day and much stock changed hands. Il
became apparent that tho curbstons
brokers were the medium by which re-
gular brokers evaded tho mandate OF the
Board not TO deal outside. Somo lots
indeed, wero traced TO the Offices OF
members Of the Boari. wo mentioned
q day or two since that there was an
effort TO have an informal meeting for
business each day. This failed In com.
mittee, but Il would seem that this
street movement may force the opening
OF the Board since II becomes hourly
moro important. The business on the
street il, however. very unreliable sinco
tho conp plants Of default In delivery arc
many and frequent. In the afternoon
there was less activity and lower prices.
Money continues exceedingly scarce
and dear. The commercial banks meet
the mercantile wants Of their customers
on regular terms. but mako no loans.
The savings societies find their funds
regularly increasing, but they will, rs
respects loans. probably remain on the
ucltnsiNo IOr tuC foinhinuot VI tuo
month. The private capitalists have
not pressed their customers who hcsi-
tate in paying up. and they have there
fore no means for new loans. The
amount Of money In the city. Us o
whole, increases, and tho confidence OF
the community il hourly returning. Tho
National Trust Company finds itself
.ft.~ x..uu,,fiau u,ueh aipoooar than ~
expected. and there In little doubt that
10 tho Bank Of California were TO take
tho bull by the horns and resume at
once, the cfioct on the publicwouldbo such
~ to give II far moro strength than II at
this moment anticipates. The public
feeling would come promptly to its sup.
port. The general stringency Of money
Is. however. very great for the moment.
II IL almost impossible to sell exchange.
and ~ q consequence the crop movo-
msnt languishes. There has been NO
further transfers through the United
States Treasury. The amount on hand
there is 81, 0Os, 900. Bat the rise In
gold In New York prompts q desire to
ship funds that way. and II the market
was easy thors would be q renewal Of
shipments. The Treasury. OF course,
cannot transfer funds to New York. bo-
cause Il does not want to sond gold here
on its own account.
-,,- E,.vr Tk> ~oaJ.x. ~