Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1877-10-10
THE eoMsToeK.
Latest Official Mining News
For the Week Ending Wednesday,
October 10, 1877.

The stock Enthusiastically Between
the Two Ends OF The LssA-ses-
sawtsg with she divide Tor shs
Fulerum - Bonansa Develop
meats asd Develep@ents In
rr~spsesivs-New Mining wsrka
started Up Rs{ampsioa srwsrk
- suspended ntse.-rusesrora-
Improvements fn the Outiook-
To-Day's View OF h aisuattea.
The stock market Of to-day develops
considerable Of the old see-sawing element.
with somewhat Of . softening disposition.
The ambitious rivalry svinced In trying TO
get up q BONANZA at the south or Gold Hill
end OF the great lode. to Offset the big boz
uanza Of the north end has weakened
little. but il liable to revive with ineress-
ing good prospects. The Divide ID the
fulerum for the ~see-sawing plank. and
beneath this fulcrum the Schultz mines
are showing good bottom and incrsas-
Ing good prospects. Tho new Yellow
Jacket works. at the new shaft
Of the company. . couple Of thou
sand feet east Of Gold Hill proper.
have Just started into operation. and the
machinery works as we'll a could DO
wished. These works are among the most
powerful and effective on tho Comstock.
and the shaft 10 the best and most advsn-
tageousiy located OF any in the southern
section. 4 point which will DO realized In
. year or TIVE from now. The Baltimore
~ we'll as many other mines In the south
en section Of the Comstock Is starting
work again and COOL ore Developments
are to be looked for. Nothing new can 10
found without hunting for IL. and the do
sire to develop something new In the
mines Is cropping out very strongly. Co.
psciAlly at the south end.
As for the big bonanza at ths north end.
the usual monthly dividends Of - have
just been declared. payable next Saturday
and Monday. and a~ggrrgating $2.ieo.ooo.
. very largo sum to contemplate.
but becoming quito common In
connection with tho bonanza mines. More
ore Is being constantly developed In new
quarters in those mines, and the milling
capacity Is not equal to the ore production.
| There Is no truth In the rumor and report
telegraphod To San Francisco that . vein
Of ore Assaying $500 TO the ton has been
found in the sutro Tunnel.
Good news continues to com in from
Tuscarora. some sulphuret ore Of extra
ordinary richness Ia being put through tho
new roasting furnaces Of the Grand Prize
mine. and the Dc Frees, adjoining II on
the same ledge. Is not only turning
out . new development Of very rich
ore. but il shipping bullion to San
Francisco. Altogether tho outlook. not
only on the Comstock but also throughout
the State Is more cheering and hopeful
than II has been for several months past
Below we give our regular weekly sum-
mary Of the latest and most correct mining
information. derived from official and
authentic sources. showing the situation
Of each mine to-day mp to tho time OF
going to press:
Consolidated Sirsists.
Daily yield. $50 tons. from the regular
producing sections, keeping all the mills
steadily running. with a surplus on hand.
A considerably increased milling capacity
could easily 10 kept supplied. The prin-
cipal improvement mentionable In the
mine Il At tho i2OO-foot level. where . new
boly OF ore, some 20 feet In width and
assaying over 800 10 tho ton from average
car samples, il being Developed. This
new body extends 10 the southwark and
eastward from the main ore channel, and
Ia 4 very important development In that
direction. The diamond drill boring from
the 1850 foot level 10 tap the water In the
southeast portion Of the liOO-feot level
has not yet effected It's object, but Ia or
pected To very shortly. At the 1850, or
lowest level. recently opened. the main
drift prosecuting the vein westward con-
tinucs in quartz and porphyry. and has
not yet run through into tho west orc vein
a. shown In the level above. Tho ore In
the other c~rosscuts at this level thus far
does not turn out as high grade a. desired.
Considerable timbering in the main q. a
&. drift at this level IL found necessary
and being done at present. Az the
iG5O-toot level the main drift west
toward the Consolidated Virginia shaft u
in porphyry and low grade ore. IL will
10 nearly two months before tho con-
nection Is made. Tho south branch drift.
TO y mp the ore Slopes In that direction.
IL pushing ahead In hard rock. Tho ore
stores aud breasts at this level continue
their rich yield. especially a. they are fur
Their developed In the north and west.
Enlarging and r~ctimbering the south air
gallery or opening at the i5j0-foot level
progresses energetically As usual. and sink
ing the main shaft below that level IL
making excellent advancement. In hard
blasting rock. The ore Slopes and breasts
Of the iiO0-foot level are showing and
yielding plenty Of high grade ore. and the
same may be said oi the i300-foot level.
Large ore reserves at this point which can
be taken out whenever required.
CaiitaraiA-
Daily yield. 655 tons. tbs various orc
stolt- AMI bftasts toosthb ahu yhsfains
splendidly. rs usual. The main drift
south at the isiO-foot level from the ophir
mine Is in 375 feet. following the west
wall. At the iT50-foot level tho main west
drift prosecuting the vein 10 In lis feet
beyond tho winze. with the face Of the
drift In low grade quartz and porphyry.
II Is about passing through into the west
ore vein. The drift will DO pushed
through to the west wall Of the orc chan
mel as speedily as practicable. At the
lGJO-foot level the main west drift from
the G. A G. shaft Is In poiphyry and low
grade ore, assaying from s. 10 $40 TO the
ton. The prospecting and development
drifts north. east and west at this level are
progressing well. and connection being
made between the main north drift and
Wine No. o gives excellent ventilation TO
thi. Lowell. Plenty Of rich ore 10 devel-
oped, but IL held In reserve. not being
needed at present. The ore Slopes and
breasts Al the 1910 and i5j0-foot levels
show an afiuence Of rich ore In every
direction. sinking tho main shaft below
thi. isJO-foot level IL progressing In very
hard rock. c. q. shAft not sinking 1t