Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-11-15
TRE esMsroek.
QUE REGULAR AININa REPORr
ron THE WEEK ENDING
NOVEMBER "a.

a Political stock Market Better
Hopes fer the Fussre-Wsis =
Little Longer.
Let nobody fool themselves with the
idea tina, the present state OF the poiitie.i
situation has no influence over the sisck
market. There 10 more stock hypo'he-
Gated with the brokers TO raise money 70
bet on the election. more money
locked up in election bets. and more
men at the mercy Of the brokers than u
generally known Of. This Is oas s'A's
Of affairs. but il exists nevertheless n
the broker. are moi, unwilling to accept OF
,h. advantage given them; thsrefore the
po..ibili,ic. Of a still further decline u
b. .quarely considered. The aiming
.itua,ion, however. has not altogether
rone 10 the dogs. aud tho chances
for better times. AZ soon a. the
election is definitely decided and the vast
amour, Of iocled.up bets turned loose,
ar, very good indeed. People will turn
THAR attention TO stocks more thea.
Below we give our regular weekly sum
mary Of the latest and most correct mining
information. derived from Official and
authentic sources. showing the situation
Of each mine to-day up to the time of
going to press:
Nsrth Consolidated virginia.
The shaft has reached the depth atwhich
. drift can be started 10 prospect the lodge
a, the best possible advantage whenever
the Directors see NJ To 80 order. A large
air-comprrssor has been added IN tho ma
ehiuery and IL now ready for use. The
hosting machinery has just been given =
good overhanling and put N the best OF
condition for Winter use. The black
smith and carpenter shops have both been
enlarged and prepared for more
extended operations. The company Ii
evidently getting ready for heavy and e.
tensive operations.
Rock Island.
The old pumps and rods are being taken
out and their places supplied with large
ii-inch pumps. This has been made nee
es.ary by the strong How OF water recently
struck ON tho sJO-foot level. II has not
been decided yet az TO whether the engine
will have 10 10 replaced with q larger and
more powerful one OF not. The prospects
Of the sJO-foot level. when the How OF
water was struck. WAS better than anything
ever before found In the mine. aad the
owners are anxious 10 get the water out
aud determine the real value of the ledge
at that point.
Yeliow Jacket
The north drift at the i9t0-foet level
will make connection with the drift south
from the Imperial within a week. after
which ero.scutting the ledge FROM that
level will 10 commenced. On the 3O40-
foot level the south drift u being pushed
forward for . connection with the south
Wine from the l9tO-foot level. At the
new or east shaiAteinporary buildings are
being erected over the engine and shaft.
ia. hoisting frame. engine aud reels are IN
AMI sinking will be resumed ON
saturday next. The shaft 10 sixty feet
deep anl timberej throughout.
Ophir.
There 10 no material change in any OF
The OF. breast. in any portion Of the mine
Turing the week. Everything 10 looking
veil at all points and all the mills viii be
.runnIng again ina q very short time. The
north drift ON the i1O0-foot level IL steadi-
advancing. the face in very favorable
;roupJ. The north and south prospect
Ing drifts on tho i6J0fsst level are boih
we'll. sinking the main incline
!. going ahead at a very rapid rate oil
'pecd.
Crows reins.
The extraction Of ore haa been entirely
suspended for the pr~sent. Tho grade OF
,re Was too low to pay the sxpsnss Of ~
traction and cost Of reduction. A . mat.
ter u course the Rhode Island mill will
have also 10 stop. Sinking the main IN
shaft, below the isO0-foot level. Ia
better progress than u has for some
time past. The Burleigh drills are doing
work and greatly expedite the
II Is now down las feet below
the lsOO-foOt level.
silver mn.
Tho troubles caused by the lOoscninS OF
IN. fy-whesl Of the pumping engine last
have been overcome, and The water
which had accumulated at the bottom Of
the main incline ON account OF the stop
mage has been extracted and the sinking
resumed. The main east drift ON the 600
foot level il being again driven ahead at
m. rate Of sit feet per day. The north
ON tho iil-ioot level IL In . distance
u rs feet, tho face in good running
superior.
The drift or tunnel from ths rarine 10
with and drain the shaft 10 now in
l2s feet. and has to 90 about $50 feet FUR
her to reach the shaft. II will intsrsect
he shaft about 80 feet below the bottom
IL. when a connection can easily De
made by an upraise. When this connee-
4, made the drift will be continued
inward 10 the main ledge, 100 feet or 40
when good ore Developments may
bc looked for.
Belemcr. \
Daily yield go tons OF orc. The ore
show no change. and the character
Of the ORE u still low-grade. though paying
we'll for milling and extraction. Sinking
the main shaft is going ahead rapidly. |
sinking main incline shaft at the old
j. also making good headway. The
south prospecting drifts VI the 1900 and
lsO0-ioot levels afford NO important
kossuth.
Two new crosscu,- have been run on
the 3Jo-foo, level during tho past few
weeks that have DEVELOPED some fine ore
and which. taken in connection with the
vest drift at the 5O0.feot level, show that
the ore vein is rapidly assuming . mort
perpendicular course. The west drift on
The COOLfoo, level Is now in G3 feet and
must without doubt soon strike tho ore
vein.
Hale q Norcross.
The water has been lowered twenty.
seven feet during the past week. Tho
pumps are doin: -piepiid work. and II
now begins to look a. II II would not take
more than thirty days more 10 reach the