Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-11-01


ties-Water struck In she Con.
soiidnted Virginia How rhings
Look La the Imperial, Alpha,
Justice mud All Along the Line
To-Day.
The morning Board Of to-day showed q
rop In prices almost amounting To q
reak, but the afternoon prices are . little
ettcr. In fact the market does not seem
be in a very excited state, and transac-
ions are limited. Buyers are a~pathetic.
nj evidently don't care whether they in
or moi, just at present; they seem to
waiting for something to turn up;
omething now, upon which to base calcu-
aiions. Aud there is a strong probability
hat politics has considerable influence in
inducing the present depression in stocks.
the administration Of our Govern
nent pass into the hands Of the Dem
,cracy next Tuesday by the decision of the
the effect would DO at once seen in
! sudden loss Of confidence in American
securities by foreign governments. and .
financial panic might easily be preeipi'
lated which would extend to mining stocks
any difficulty at all. Pending the
Of this great politician crisis. wise
inanciers prefer 10 wait. Consequently
he stock market Is no, likely to improve
intil after the election.
The principal item Of interest In the
situation il the sudden tapping of
strong How of water at the iioo-fcot level
q the Consolidated Virginia mine. tho
PARTICULARS Of which will Ia found else
in to-dAy's report. The water
somewhat. but Is subsiding, ami
10 serious impediment tn the working of
he mine is anticipated from II. The
water in the O. and G. shaft has subsidized
considerably. The Imperial mining works.
including the shaft. incline. etc., arr now
IA better condition for working than
hey ever were before. and better
may be anticipated from future
operations. The Alpha east drift Ia ar
at an interesting point, the ore
where good developments may 10
looked for. Justice continues her
.xccllcnt yield and Is showing finely in her
reproducing sections, employing a large
IL men. At the south extreme Of
he Gold Canyon section % the great lode.
he Herald anil ncighboring mines are
great improvement in the way u
're prospects, and things generally are
we'll, Notwithstanding the dc-
'ression in stocks.
Below We give our regular weekly sum-
Of the latest and most correct mining
Information. derived from official and
Iuthentic sources, showing the situation
q each mine to-day up Ia the time Of
IN press;
Herald.
Sinking the main incline shaft has been
II Is nov down rs feet, follow
ng the dip or foot-wall Of tho ore vein.
he ore vein l. again steadily widening
at. being now about six feet In thickness
/ the bottom. The ore IL still rich In
9th silver aud gold, and the prospects arr
hat a strong vein aud rich body OF ore are
bout a. BE- encountered. Everything IN
nj about the mine l. working finely. and
he owners are highly and justly elated
it'll their bright prospects.
Co~mopsiitns.
Hope mill kept steadily running. and
81 bullion to San Francisco show
Iat the ore is giving a good regular yield.
he drifts both north aud south from the
below the main tunnel or adit level
e advancing we'll. with a handsome show
x OF ore in each. The breasts and Slopes
the upraise above the adit level are not
oking quite ~ we'll a. they we're, but
low plenty of good ore yet.
New York.
The enlargement Of the shaft il being
ahead with all possible yigor. As
~ the third compartment il finished
III the pumps lowered into place. sinking
e shaft and prospecting the sO0-foot level
IN I...-n, Ia,s. su,plx M wood
II Win,sr nscs,saric. are isinr laid in
al other preparations completed for the
rcycniion Of any delay In the prosecution
u WORK
k"ss"'".
Tue prospecting uii''s U" '"' o''
vel are steadily advancing. with o u
,n,ly improyins Indications Of having
a..,,,,. 81
70 bo'ilcs whichever lne c'"s T,uns
'e main somm.",eu. i"en
- urii'' ON tno 49," ,nans
W ~ .,rans ,ox 81 w.t,r. anal Inn.
-eyent the flooding ~ tho mine. The
ain ledge cannot no" 10 very lar away
Mexican.
The west drift ON the lic5-foot level.
the line Of the diamond drill
A, r.c, run, w~asagain started mp on
o.,.xt,., Tn, face az mi, Jrift \, In
-. m,,,riaI anal must In a ,hor,
r..rh ,h, spot where the drills pene-
- a. 40. which CAV. ,ncb large as
". The nPraiso oh .nc sane "u
al S.n. ~ ,goo.foat level 1,
owing some very favorable quartz.
aaii,sn.
il little 10 n change in either Of