Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-05-11

fnE
The stock market is still running in
porphyry with occasional streaks OF low
grade ore appearing in its face. inducing
a tolerabls degree Of stiffness. and an In.
clination to sec-saw easily up and down,
no violent fluctuations being observable.
The very gratifying dividend declared by
the California Mining Company OF -
per share. amounting to S~l.oso.Ooo.
did very we'll for starter ON
regular monthly dividends. and added
to that Of the Consolidated Virginia. OF
the same amount. 1t makes a grand total
Of 81. 100. 900 from the big bonanza,
being the largest regular monthly divi-
dsnd ever declared from N similar ore
body in the world. Better yet.
there ia plenty Of ore in sight
to warrant the payment OF the same
dividend for many months to come.
Tho Belcher al ct to pass its regular
monthly Dividend this time. Generally
speaking. the mines al along the great
Colnstock bel, are looking and promising
vol, and thu fu,u,. outlook /, very en-
,o,,,,;r, IT.. Con yir,inia ia welding
nj the ral, Of -. 800, 900 per month, while
an. California. with only two mills 10
.,u., an. ara !. so,lovinc close in the
u. ,,;,h :, Goa a mora
In n. w,v a, mining d-.v.lopmen,s
,h.ro ia nm ;m,or,,nt feature 10 70.
port Of the Consolidated Virginia, viz:
that Of the starting Of the north
drift ON the l7o.toot level OF
the Best & Belchcr, to cut and prospect
the lower levels of the mine at u much
greater depth than it has yet been eI-
plored. This is a point tina, will 10
looked TO from this time forward with
deep. impati.nt interest. The Ophir
ia looking well nj all points. The
Jmp.,;ol Consolidated IL also showing
we'll both ro;nr north in the drifts
~. Al. - -. A.. n tool,
~ -"
level. The yellow Jacket is exhibiting
every indication Of soon adding another
having mine TO the list, tho prospecting
-s,.S.....,..y,. ,....,,. ,.r;,.
,ions In almost every direction. The
Y,-,,..l. III. 80, h.,,..,,u,..,.
'"''e'" "'"s '1
b Tor months past ana the oVeriaan
has already commenced the extraction Of
abo,t 10 ton. al or, per day.
-. =. -. ....l,.
"s''" W. s"o o"' "s""" "
summary OF tho latest mi nos correct
H"i"'"s i"''''N'"' "''''V" '" "
hciai ana au'hehtc SOURCES showing
The situation OF each mine to-day up 10
the time OF going 10 press:
Original Comsisek.
tn. Iover ,upnel il being pusLed
,-n,- .., =, III. v.,,
aie'' WIN ene'ss. wv ' VIZ"
started into the hill. from tho ra'ine.
Being run nearly parallel with the main
vein, it must soon in,ersect ii. after
which il /. proposed TO follow the foot
wall. occasionally c~rosscntting for ore
development and working. This tun-
mel will open the ledge to n depth Of 300
feet. Meanwhile the new working
shalt wh'sh nas mso In s It'll
IA ,Iawn some u feat. and making eI.
II, -. .i,L,r,h IN, rock IL
,.,h.r har1
Se"'" eo"'S'"eS.
Owing to increase OF water anu o'her
| adverse circumstances, work Is suspend
\ l., a.. min. until ho,v;., machinery
h.o,,,, >, h.., Il, ,ho .,se -rbi.
il b.iny contracted for. and ss soon IA
practicable the further development OF
the mine Will 10 proeeeueu WIN. Inc
lace o ne "es' .iosscu. s'opps' ~
spiehdiu ieuee nna''sr' P'iue'Pa',y wv
grade ore. IA showing every 'mun,'.
~ something better aheau. WIN 'ne
proposed new machinery the sha' wiz
bc sunk deeper anu ,ho miho oPcncu w
rlnRaIn-