Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-09-28
THE coMsTock.
..auLAs nIHIsG aEroxr.


REGULAR MINING REroRr.
Fer week Ending ssptsnber 2sth.
ssssks and NEUTRALITY-SUSPICIOUS. and
Diviasnds-Chasses ~ npseala-
tiea-Bsars n she Bu1l.ren-A
Runner shat Censslidatsd vir.
ginia viii Pass Her Dividead
NEXT Meath The Gsnsrai out
lesk All Aiosg the Line re-dsy.
And now with the present dsbilitated
state Of the market come the bears rush-
ing into the arena and trying to
crush stocks even still worse. They
want IL all their own way. and
Are not at all scrupulous as 10 the means
they take to effect their object. Not sue
cssding In their efforts to tear In pieces
and devour Schultz. together with Justice,
Bullion. Exehequer and everything belong
ing to him. thcy now try . very bold dodge
In another direction. They boldly Affirm
and declare that from their wi informa-
ton the Consolidated Virginia mine will
NOT b able 10 declare its regular monthly
dividend Of 81 . share the fnt Of the COM
ing month. and In fact will pay no divi-
dsnd at all this time; that the receipts Of
tho mine do not justify the payment
Of said dividend. and there Ia nj
surplus on hand 70 pay 1t with; that
10 any dividend really should be paid II
would have TO be . cooked one. etc.. etc.
some Of the principal points Of this story
are given In our San Francisco kilograms
to-day. How much real truth there may
30 In the matter We do not care 70 discuss.
believing the whole story to be false.
and merely eoncocted for stock manipula-
ting purposes. We will simply state that
II we are 10 believe the words Of one whom
We consider better authority than all the
stock sharps Of san Francisco put to-
gether, the Consolidated will rot pass her
dividend; that she il able to pay II and
ell DO 90.
Below we give our regular weekly sum.
mary u the latest and most correct mining
information. derived from official and
authentic sources. showing the situation
Of each mine to-day mp tn the time Of
going 70 prcss'
California.
Daily yield 500 tons. coming from tho
- ,... .n, .,o,.. n, ,ha isnO tkso
ana iooo-ioo' ie'eis' All VI "hieh 0oa'nus
looking and yielding as hnsly as could
reasonably be wished. Three hundred tons
VI this ore !. hoisted through the I; and Q.
Ia. sla vns,n,. .h.,, Tns 80, .soaa-
cut from The main south drift Al the 1900
foot level has been connected with the
Wine iron eross-eut No. . from the level
above. The main south driit ~ ms same
level has been extended 70 feet during tho
past week. and 10 now ~ feet south OF
cross-cut No. .. the face still continuing In
rich ore. The direction OF this drift was
changed yesterday 70 . course south 10 de-
grees east, In oruer 10 onnec Win the
California deep Wine. The U. q y.
foot ststion, Rock working firm and IA
vorsble. The water coming In IL all the |
pumps can manage, running at the rate Of
Ten strokes per minute steadily. each
blast Of tho rock at the bottom Of the shaft
opening . fresh source of water supply for
the pumps to reduce. In fact 1t 10 about
an even thing between the pumps and the
s.s.,.. g. ,.. nn,,n end ,.rL MI
below The i5OO-foo, station. The new mill
Of the company 10 working - satisfactorily
. could " wisieu.
snssiee'
Daily yield. i5s to i60 tons. from the
sO0-foot level and other orc producing
laval. .hoy.. with . fov ton, from the 800
a.. ri,
100. 'sSel. eAuAceu ih running "e ~
drift. The ore slopes n breasts are All
looking and promising very well. with con.
siderable improvement both In quality and
quantity ~ farther opened and developed.
The north portion OF the mine shown the
best. Al the Soo-foot iovel . hno body OF
good milling orc Is developing At the north
end. adding very materiAiiy 70 thers
sources oil the nino. Crosscut. NOS. u, =
and ) east. ~ THIS level. are LOOKING ABOUT
the same a. at last report. work 10 ro- /