Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-12-20

uuu tne hoWsr hSsehs
Say sa Mininx subject To
Nay.
The stock market at the present time
show. no new features Of exciting interest.
a. far as prices are concerned. 1t ses-savs
up aud down from day to day. giving sven
tho brokers and quick turn" dealers
very small margins for profits. Pros
psctive short crops in California. owing 70
the long deferred storms Of Winter. may
have something to do with the depression.
and il is alleged hat a corner In silver
(. being gotten up which also has
its sfiec, in keeping down the price Of
stscks. Whether this is 50 or net. ADLER
financial heads than ours may perhaps de-
eide. The outlook for a good stock mar
let for Christmas. which may allow Of
anxious stockholders INDUCING In "roast
goose stuffed with sage and inyins" on
THAI interesting occasion are not flrst-rate.
II Is tho season Of bad reports and dissatis-
lied stockholders, yet there are favorable
points in the situation nevertheless. The
Knicksrbocker m~alcontents have wisely
concluded to drop their opposition. and
the chances are that the practical devel.
opmsnt Of that mino will BE- proceeded
with shortly. Justice stock most injustly
has to suffer from the general depression,
but the mine is giving . very satisfactsry
showing in both ore resources and bullion
yield. The most interesting item In the
mining management line 10 given In the
San Francisco dispatches to-day. II 10 10
the effect that John MackAy has really
Withdrawn from the famous bonanza hrm
or proposes doing so. and will unite with
the Bank Of California psopls. carrying the
control Of the Consolidated Virginia mine
with him. We publish the story for what
II 10 worth.
Below we give our regular weekly sum
mary of the latest and most correct mining
information. derived from official and
authentic sources. showing tho situation
Of each mine to-day up to the time Of
going to press:
Isaitiuusre and Americas Fiat.
The upraise above the l05O-tsot level is
steadily pushed ahead, vithoutany change
Of interest during the week. The nsrth
viazs ON the same level is being pushed
steadily downward. the ore in tho bottom
still showing a favorable improvement.
The north drift on tho same level Is ad-
vaneing northward following the west wall
" the ore vein. The east drift On the
ii5O-foot level Is showing no valuable
changes. The north drift ON the li50-fset
level is being pushed forward with all tho
speed possible.
sierrH Nevada.
The north and south drifts. on the 100.
foot level. show little or ne change. each
being advanced at 8 very rapid rate Of
speed. The south driit.. on the 1900 and
i2j0-footlevels are each steadily advancing
in very favorable ground. There are nc
changes in any Of the other prospecting
drifts ON the 1880 OF iOO0-feot levels. Tn
ilow Of water at the bottom Of tho main
shaft Ia kept we'll under control with the
pumps. and no longer gives the least
trouble.
Ophir.
Daily yield, 200 tons Of ore, keeping the
Nevada aud Santiago mills steadily run
ming. The ore breasts ON the 1900 and
and l~6JO-foot levels show little or no
change. The north drifts ON both the
| 1000 and iTOO-foot levels are steadily adj
49, art..s -. Al. N-AA 81. .-.I.. l..