Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-03-09

past week. and have no occasion for
feeling anyways bad to-day. although
there 10 q slight shading Of In prices.
generally. In some instances. which.
however. Is compensated for by advance
In others. During the week. tho dps
and important new orc Developments In
the Union Consolidated and Mexican.
and also in the Imperial, have excited
public attention and the stock market TO
. lively degree. Consolidated Virginia
and Bslehsr each declaring their usual
monthly dividends Of $40 and 81 per
share respectively, aided in the advance
and stiffness OF the market.
Tho principal feature Of interest ut
the Gold Hill end during the week has
been the fine ore development at the
ao0o.foot level OF tho Imperial. In
the drift running toward the Alpha.
Il showed better and better in
the face as the DRIFT advanced.
and the chances for opening out another
big rich bonanza were good. Imperial
jumped to nearly $50 and Alpha to
nearly SEQ. but last Monday nn obnox-
ious ''hOrso' Of pOrphyry came bucking
across the face Of the drift aud a change
came DER the dream OF the eager specu-
iators in Alpha and Imperial stocks.
for the Emo prices took o quick and
disastrous tumble. Tho drift. how
ever. was pushed forward right
straight through that horse. and to-day
is again in fine ore. Alpha and Imps-
rial stocks are up again somewhat In
consequences. Further south on the
great lode things generally are healthy.
The VINE at the lowest level Of the
Ovsrman il showing good ore. The
Baltimore ledge is showing q con-
csntration that bids fair to de-
vslop into paying ore body.
The Consolidated Virginia is yielding
at the rate OF 100000 per day. The
Mexican has developed not only q fine
prospect Of rich ore at the south end.
but also struck good milling ore IN the
bottom Of the winze. on the north line.
5o feet before reaching tho li65.foot
level, which looks As II u rich aud
continuous body Of orc tho full
length Of the mine was going
10 bs found. Tho Sierra Nevada
has just opened . station and CON-
msncsd the development Of the ledge At
the l500-foot level. Q point on the lode
that must DO looked to with deep inter
est for some time TO come. The Lady
Bryan has commenced the extraction
and milling OF ore. with every indication
Of o adding another 10 our list Of
dividsnd-paying mines.
The mining situation certainly Is very
good and highly encouraging; and the
present good prices Of stocks. although
they may not DO sustained long. are q
very good advance indication Of q still
better market in q few weeks from now.
Below Va give our regular weekly
summary Of the latest and most correct
mining information. derived from Of
hcial and authentic sources, showing
the situaiion OF each mine to-day up TO
the time o fgoing to press;
0rhir.
Tho daily yield Of ore has been les
sened to 100 tons per day during the
past three days, ON account OF the heavy
fall Of snow impeding the roads to such
an extent as to temporarily stop the
hauling 10 the Winfield mill. That mill
was obliged 10 shut down until the
roads will admit OF obtaining a fresh
supply OF ore. The Nevada and Empire
State mills both have a sufficient reserve
to keep them steadily running. The
| orc dumps arc filled TO OVERLOOKING.
awaiting transportation. and tho breasts
and Slopes on tho liC5, 1900 and 1000
foot levels are yielding s~plendidly. Tho
up-raisc from the l3OO-foot level to
| connect with the east drift on the HOO
foot level Ia still in fine ore. The face
Of the east drift on the 1l0O-foot level
Is showing a steady improvement ~ the
work advances. The repairs TO the east
shaft, which connects tho liC5 with tho
l7OO-foot level is making steady and IA
| vorable progress. The enlargement OF
tho main shaft Is making rapid headway.
Everything in and about the mine IL In
splendid working condition, aud as soon
a the weather settles no a. to permit
the transportation Of ore. some lively
work may DO looked for.
C~iihrnia.
Sinking the Wine in north crosscut
No. 6, ON the 1900. foot Jewel. to connect
with the main north drift on the 1850
foot level. is steadily progressing. This
Vino has about AZ feet to sink yet to
reach the level Of tho drift. The north
driit on the l55O-foot level Is steadily
sdv.pcine toward the Ophir line, the
face stiil In fine ore. When this winzs
reaches the l5O0-foot level 1t is the in
tention to place . donkey engine at tho
mouth 10 do the hosting. and continue
N on down to the lC00-foot level. at
which point II will DO connected by
another drift with tho Ophir for ventila.
zion purposes. On the 1400.foot level
The main north drift has some 40 or %
feet vet TO run to connect With the
Ophir and obtain tho desired ventila-
lion. When that IL completed crosseut.
ting the ore vein in that portion Of the
mine win be resumed. The last CROSS
en-, run ON that level was 200 feet from
The south line and developed q continue
ton Of good ore to the northward. There
vet remains 400 feet OF virgin, unpros-
nected ground to crosscut on the north
end Of that level. the north driit having
been driven the entire distance next 10
the eat vail Of the ledge. no crosscut.
ting having been attempted on account
Of the great heat.
Rsek lsland.
The s50-foot station Is completed and
a drift started TO cut and prospect tho