Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-01-06
C....,,a.s.a vi,giai..

the mills all running up TO their full
working capacity. Contrary to general
expectation. the Consolidated Virginia
Mining Company yesterday declared a
dividend Of $40 per share gu their CAPT.
tai stock. assrega,ing si.OSO.O 900. and
payable ON tho llth instant, thus, In
the face Of floods. fro and storms. con-
tnuins steadily 10 pour out It's millions
Of ACKNOWLEDGEMENTS. building mp
and sustaining. not only its " elsva-
ted character, but aiding. by It's treas
ures and the encouragement 1t gives, the
development Of every other mine on tbs
line Of the Comstock. The ore breasts
are looking well. and. were II necessary.
the immense yield Of the mine could bs
vastly increased by simply taking out
the richest Of tho ores. and leaving those
not so rich until somef future time. Hut
such is not the desire OF tho MANAGE
mvnt, and the rich aud poor has been
extracted just rs 1t has been found In
the vein. The California mill will be
ready to start upin a very short time.n and
will probably DO added to the crushing
capacity Of the mine. This mill will be
capable Of crushing about $50 tons OF
ore per day, and will be q great addition
to the milling capacity Of the lode. Tho
frame Of the new smelling and bullion
reduction works 10 up and covered in.
The brick and mason work Of the long
ilues is well under way, and II will not
now DO long before tho erection OF tho
huge smoke stack will be begun. The
machinery. hosting works and mine
was never before In as fine q condition
for good work ns they IRE now. aud the
prospects Of the Consolidated Virginia
were never rs flattering A. mt this time.
ophir.
The repairs to the drifts and wines
on the lower levels are steadily advanc-
ing. and are progressing 30 favonably
that the hosting OF ore will probably DO
resumed in about another weeks time.
The pumps and pumping machinery are
working ~splendidly. Some doubts hav-
ing been expressed as to the capabilities
Of tho machinery. u OF the best en-.
g~ineers ON the lode gave II a critical
examination yesterday. and thus sx'
presses his opinion: 1.-THE great trouble
heretofore in pumping with gear was
owing to the single spur.whesl. which OF
necessity had to DO on the outside OF the
bearings, sometimes breaking the wrist
pin and always having q tendency to
throw the shaft out OF line. Tho double
spur.wheel and pinion does away with
that trouble. When visited the engine
was making twenty-five revolutions. cut.
ting of ut ono quarter OF the stroke.
with sixty pounds OF steam. and pump
ing water from tho 100.foot level. The
machinery Is capable Of pumping 5000
feet. There wa no means OF ascertain.
inc the amount Of wood consumed by
the pumping engine. rs the large hoist
ing engines take steam from the same
boilers, but I have no hesitation in say
ing that there Is 80 pumping machinery
on the Comstock in point Of economy,
capacity. durability or safety. can make
any better showing than that OF the
Ophir. and 1t must DO something ON the
sans principle II in makes as good
Delcs.vr.
Daily yield 40 tons OF ore. all oil
which is being crushed by tho mills as
fast as 1t Is extracted. The returns from
the orc are good and the prospects are
that the monthly yield will DO increased
instead Of diminished. A dividend OF
81 per share. a~ssregating SlOi. OOO. was
declared OIL tho Sd instant, with every
prospect Of not only a continuance OF
the dividend. but a fair expectation oil
an increase in tho amount After M
absence Of eleven months, right gladly
| do We welcome back the old familiar
| dividends, aud return the Belcher to her
rirhtful place beside the Consolidated
| Virginia and California in point OF OF.
cellsnce. The Belchsr has disbursed In
dividends Sl4, 9sl. 200. Add the pres
eut dividend, and we have Sl5,sS5.-
200. Tho last dividend paid by the
Belcher was on the 10th OF January, 1870.
The new air.compressor Is completed
and the water about drained from the
| lGOO-foot level, 80 as to permit q re-
sumption Of the prosecuting and ore
| developments In that portion OF the
| mino In n very short time. The new air
shaft is completed to tho 100, foot level,
AMI IL making n wonderful difference In
| the comfort and cost OF working the
mine. Three hundred men now do tho
work with ease that II took n thou.
sand a. perform before tho completion
Of the air shalt. The prospects OF the
Belcher mine are evidently once moro
leaking inward.