Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-08-17

b Mines
The stock market Is lively and healthy.
with good price, and n tendency for better
ihings. Dealers both large and small sp-
pear to be experiencing q return Of con-
dsnce which 10 quits gratifying. and still
further aided BY extensive orders from
the E.as, and Europe. stocks are coming
| more AMI NOR in demand. and At stifen-
ing prices. AMI the mines themselves
are doing their part nobly and
showing hotter than ever. The great
bonanza u the Consolidated Virginia aud
California has just disbursed its usual
monthly dividend Of s..ico,Ooo. and start
ed fairly along in the course of another
months production and resulting diyi-
,ends with a vast wilderness 81 rich ore In
sight. The Imperial will add $4,000 to the
wealth 81 the world ihismonth. and Justice
will come to the front with 10000 more.
bear in mind that all this bullion pro-
dnction l. something new something
which never existed before. Il Is not
= transfer % coin. stocks merchan.
disc OF other yalnables from one
person To another. but new wealth pro-
dncel and sent forth into the world. Even
the money expended in the co-t of Its pro-
,iuciion il simply existing coin passed
FROM one hand In another. but our bullion
comes up from the bowels of the earth a.
something new and additional IN the way
% wealth.
l;elcher IL looking better in it, southern
portion. and Yellow Jacket il about cross
cutting. perhaps to develop a good little
bonanza. the making" of which has been
found in the level above. The winze
connection in the Bullion mine
with the lower levels gives al impor.
liant and l~ong-necied ventilation. and
gvod facilities for prospecting and
thoroughly opening up the excellent ore
developments already found at the lower
levels Of not only that mine, but those
south of IL. including the Imperial lower
levels. whether a good bonanza will be
eventually olsnei cut in the Mexican
anil Union Consolidated. remains for
time. money and muscle IN show.
but should one b. found there IL must eyi.
dently belong toa chimney OF concentra-
ton north of the big Consolidated vir-
ginis aud California bonanza, and ealcu.
lating upon the usual southerly dip Of the
Comstock chimneys. III. head or "mAk-
ing IL IL should b. in the Sierra Nevada.
Considerable Of a break or interruption In
IL is caused by the intersection Of Cedar
Rayine. but IL should he found south Of IL
a, a considerable depth. Al the other ex-
ir-miiy of the lode the Justice group Of
mines is rapidly coming into deserved
prominence. owing not only to the splen-
did ore showing and bullion product Of
the Justice mine. but the fine aud impor-
iani ore prospects Of the Lady Washing.
ton a short distance north. The Gold
Canyon extremity of the Comstock Is
decidedly looking up.
Below We give our regular weekly sum-
mary of the laie-, and most correct mining
information. derived from Official and
authentic sources. showing the situation
81 each mine to-day up to the time Of
golng iopress;
0said q curry.
The foundations for the new pumping
machinery are being laid ~ rapidly a.
the effectiveness of the work will permit.
Cutting out for the new pump station. aud
repairing the shaft at the i500-foot level 10
still going steadily though slowly forward.
The clay wall at that point IL Of immense
thickness and weight and 10 constantly
taking OF and giving way In such . man.
ner as To greatly impede the progress Of
the repairs aud the erection 81 the pump
tanks.
The new machinery IL not yet ready TO
start up and probably will not be much
before the first Of September. Putting In
the new pumps and columns il much
slower work than was expected. the re-
pairs 10 the main shaft being greater than
was anticipated when that portion Of the
work Was commenced. Everything else IL
in perfect order for commencing 10 drain
the shaft a. soon a. the pumps are in
place and the shaft ready.
..... S.,.s.
=, -. i-oo.s.o, lava, Z.
.,n,o., .om,,.,si- really IN .,,r, the main
-, .,o...,, ,ou.,J ,hs Is,,,.. The north.
south and east prospecting drifts on the
15oo-foot level are all steadily advancing.
without any important changes at any
point. Neither u there any material
change la any Of the prospecting driits on
either the 1870 or iOootfoot levels.
yellow Jaekes.
49,, H. .,,i,a w..l h.. h.s, o..,.
-, IN Establishing an. Jrif,. eonnsctiur
80, .nI ...s xip,-.- and the ,ou,h
dr,t iron the bottom Of the east wine.
ON the 20IO-foot level. The timbering il
.bout COMPLETED, ami work will 10 re-
snmei in the face Of the south drift from
,he east Wine By tomorrow morning.
u.,,...
sinking III" wine ieio~ The iteo-ioo'
level. to connect with the north arm on