Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1877-07-11

49, stSSs h@Aset ~ Wv P-er.As aHf~
belongs exclusively to the brokers. and
those sharp-wittsd individuals are not allow
to take advantage Of the opportunity to
make their little cid commissions from
both buyer and seller. They are making
hay while tho sun shines. The fiuctua-
tons are marked aud frequent. and
lots OF money Is being made on
short turns. The market 10 . little stiff
to-day. bu, is liable to DO soft again to-
morrow. The bonanza stocks. however. In
view Of the regular dividends which are 70
10 paid by the Consolidated Virginia on
saturday. and by the California on Mon
day next. are decidedly and consisteatly
stir. with . tendency to be sitter. The
general state Of things outside Of the
bsnanza is not very favorable, and the
situation Is too shaky TO he encouraging
To those who desire to invest permanently
with a view to future profits. Doubts
are even expressed by some as to
whether the big bonanza will BE- found
TO extend to the i75o-foot level. 100 feet
below the present lowest level. and 1t 10
even whispered tina, tho ore in tho bottom
Of the Joint Wine now being sunk
below tho i65o-foot lsvel 10 OF
the hard nature encountered Just
before the bottom 81 the great Crown
Point and Belcher bonanza was found.
This. however. Is q great blunder and
mistake. aud there Is every reason
10 believe that the bonanza will
he founi richer and more e1-
isnsive at tho i75o-foot level than
at tho 1880. Both mines are certain
ly yielding as we'll as anybody ought
TO wish. Everybody Is calling for some
new bonanza TO be discovered somewhere
along the line. aud this call Is induced to
= considerable extent through fear Of
failure OF the present one. II will
take some years yet, however, to work out
what dividend orc Is in sight in the pres
snt bonanza. and the chances are very good
meanwhile 10 discover n new bonanza In
the Gold hin section. even though the
crosscutz east from the Gould and
Curry and tho Best anil Beleher mines
.houlj fail 10 eventually encounter and
open out that mueh-talkei-of cas-, ledge.
Assessments continue TO DO levied. and are
liable to DO As long as there are unpro-
dueti,e mines to DO Developed.
Below We give our regular weekly sum
mary Of the latest and ~most.corrcct mining
;-nto,u.,;o, ,i.rix.l from official and
--,--.I. -. .,o,.,,. ,,. .,,,.,io,
au'heh'ie sou'''s, S"""''s wv ~
OF each mine to-day up tn the time of
going 10 press;
Sa're sa"ns
Total iehsth ." 'uhhei iS' e'o"'"s
1850 feei' Inc hsadsr eohth"eS '"eA'y
working ledge Porphyry with s'rsAAs OF
quartz anu cay anu r's"iA' 'o"o's o''
nation. lSry good p,osrrs ~ n
VI. u .," a., m. miner. Sorlinr i'm The
"o.'ain.,,aa ...t en- lear tho bla,ts LEI
Nt'''''' ~ ---ut
oil IN the Sntro Tunnel ihe Story wni W
rcalized before u end ot ahothsr war.
The course OF the tunnel IL ABOUT Soo ieet
north 81 tho shalt AMI u has 70 go over
1870 feet IN order 10 rsaeh = point opp"-
site. 1
''N" -.
si"A'"s '"' "'"A'
- q WaAEanur Tho IAHI nj nT0NIN~H. NnE
h.o,,or, \, very favorable quartz and ledge
,n,,,.r Tina .on,h drift on the ii5o-foot
-, .,,,,,, ~ .o,,.c, with Al. north
Iritt from thc sierra Nevada ON the 1850
foot level Is bsing pushsd ahead with all
tn. energy possible. Az the annua meet
ing held In SAn Francisco, California, yes
terday morning. 1885 shares Of the stock
were represented. and the old Board OF
Trustees and officers were unanimously
reelected.
s,.,r. Nevada.
The .ou,h drit, ON the isO0-foot level 1.
hang ,n.hel vigorously ahead Ia meet
aud eonn.e with a corresponding drift
FINN The opbir. sinking the south winze
below the ~iSOo-foot level is making excel
lent headway. the bottom stiil u very la
yorable ground. The south driit on ths
liOO-fcot level !. mAAlns Iar P,os'Ts,
with no change Oh ,h,e,,s' '" ,ssv'u
north driit ON the iz1o-ioo. is'., LING
NlnahatI QItIaI In NDunrtI WIFI Int NNIlls