Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1877-07-18


Lever Levels The Here n ths
Bssansa Wiase nensssa Bui.
Iisa- ruii asd Correct "Details sf
the aiaisg siiuasiss Ire-day.
1t Is no easy matter for the bonanza
mines to sustain the stock market. even ct
the present low ruling rates. consequently
adverse circumstances supervene and have
undue influence. Notwithstanding the
magnificent dividend just paid by the
Consolidated Virginia and California. the
market has softened quite seriously and
fallen into a decline, . sort VI cholera NOR
bus. as II were. the pangs Of which are not
ameliorated to-day at all by the temporary
suspension Of the San Francisco Stock
Board in order 10 attend the funeral Of Mr..
Burling. one Of the members. The Yellow
Jacket election. which took place Monday.
At the ofiee Of the Company here in Gold
Hill, resulted in the reelection Of the old
management. The reports Of the officers
are very satisfactory. and show that the
financial Is we'll as the mining manage
ment Of the Company have been most ex-
eslientiy. economically and efficiently
coninctei during the past year. and still
continue to be still. The Savage election
which takes place tomorrow. will be ami
cably arranged by compromise between
the Koene and the Flood 4 O'Brien con-
tsstants, and j. q. Fair will be superin-
tsndent. Savage will prosper better dur
ing the coming year than she has In the
past year. and good ore developments whi
DO the result before another year Is to IN
end. More men are being put 10 work In
tho Justice. aud tho ore FROM that mine
will 10 crushed principally by the
mills in Gold Canyon. those on the
Carson river being impeded. M more
n more ineapaei'a'ed py the iAiiuis y,
the water In the river Tho hhode I'iahu
mill Is now actively being put ~ ofue. W
run ON ore from the crown ro'h' mihe'
which will u commenced 10 AuAy or'"o
The iniensslheasa Al the lower 'e'e's VI
the mines those OF the great o"nA
especially, induced by tho lack OF cool air
f,an, An. ..yf.e, "A we'll a. the natur al heat
.--' =. r.. -. ,.,,,hs "a
"' Inv s'ou"a "'
q serious impairment ~ present 20
ore extraction and development work Is
going ON slower than II would otherwise.
Tn. Joubls vinze below IA. iG5O-foot level
-. A.. IT,. 1880
OF inc DIX oonAh@A "'A' ~ $3.50
the Consolidated virginia Anu oAi'iofn'a
has cut into the porphyry norse 'ouhs ~
the iG50. and will have to pass trough u
to the ore ON tho west SIDE fhis
Wine Is being sunk vertically while 'hs
horse follows the dip u the ledge east
ward. Not striking the horse sooner inai-
Gates The stratum TO stand mere vertically
than 4, Ia. above. or that the horse Is mar
c...,,...,I. - a. s,eo,n.
ro"e'' ~ - -,
tered In this Wine, WHICH, eonio'"ou
with the great heat. renders the
q, .,,ti,y eorr,.pondincly
- "a, H., inter.
''""' ''"s 80,
ie'es' a'' WI" =, ,,a
u mart i"'
Two great oonan1N "'"
gated st''o.'o5' h'Aiy
"asse'd. -
OF the yield Tor Nay
ea'nr's "' 'n'e' - .,.i..a-
relative 10 new anu 'np"''~"'
yslopments. but tho situation remains
cool with many points Of encourage
-
meht-
Below we give our regular "eeA'y sum
mary % the latest and most..correet mining
information. derived from omeiai anu
authentic sources. showing the situation
Of each mine to-day mp to The time OF
going to press;
,m..,,., Consolidated.
-. ,h. sie,.
-oinAins 'he so"ui """N'
foot level is making steady progress tho
bottom showing more quartz than at any
a.. .,..o a. .ommsnesmsn, IL Ia now
an'' 80 -, 49,, a. hin,
below tho 2.oo-ioo' 's'e' Aha e"s
pushed vigorously ahead, Their. |,