Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1877-03-07

Gently undulates the surface Of the
great stock ocean. waving and wavsring
under the influence Of the varying trade
zsphyr. And ye vatchful broker hath 70
watch with marvellous ksensss for chance
to Zip and turn the ninble penny. And the
numerous anxious watchers fer the much
desired Spring RISE are straining their
wistful eyes In eager scanning Of the
financial horizon for . big CLEAN Of hops.
Softly and conhdsntially they are saying
to themselves and TO their particular
friends; ITS coming. The builisa tai
compromise veto, and the allow deciding Of
the Presidential problem has set Il back
some. but it's coming. Maybe not this
month. but next month. s.rs."
Consolidated Virginia passes her divi-
dend again. but California will dsslars her
regular monthly dividend Of 81 Per share.
a~ggrsgating si.oso,ooo. tomorrow. a.
usual. From one end 10 the ether Of the
great lode the work Of mining develop
msnt goes c~eurageously forward. net
vithstanding the dullness Of the times.
Justice Is showing well at the lower levels
and all through tho mino; OveruAn Is
evidently developing . genuine boaanza;
Bullion 10 giving better promise than
ever In tho shape Of orc prospects
at the lower levels. The great SEA Of
water subnsrgingith s lever depths Of the
Hale 4 Norcross and the Savage 10 getting
pretty we'll reduced. and will osn Be- un-
der total subjsctisn. Tho new supsrin-
tendsnt Of tho Sierra Nevada 10 driving
work with renewed energy at the i75o-foo,
level. with excellent ore 'prsspscs. The
king pin Of the situation. However. 10 Of
course the lowest ore development Of the
big bonanza, As being demonstrated BY the
west drift from the O. 4 @. shaft 81 the
lG5o-foot level. without good ore and
plenty Of It at that point the limit AID
value Of the great BONANZA wsula easily Be-
ascertained. The opening Of this level Is
but Just commenced. but . large amounted
very rich ore has already been developed.
The advancement Of tho main west drift
toward tho west wall. which il supposed to
be fully one hundred fost Distant, IL not
yet resumed. but will 30 shsrtly. Mean
while the drift north from IL into the Cal.
iforniA mine Is being enlarged. properly
timberea and put in good WORKING con-
dition for active ore extraction. Arrange
msnts are also being made for drifting
south into the Consolidated Virginia. run
ming through the ore body itself. 10 . con-
nection with the deep Wine Of that mine.
two hundred feet distant. Sinking 10
actively resumed In the @. a @. shaft. with
plenty Of water 10 contend with.
Below we give our regular weekly sum-
mary Of the latest and mostcorrect mining
information. derived from official and
authentic sources. showing the situation
Of each mine to-day up 10 the time Of
going 10 press;
siIver Hiii.
Sinking the main incline Is making ex-
eellent progress. The iow Of water Is
still strong. but Is new handled by the
pumps with the most perfect ease. The
south drift on the iii-foot level IL making
good progress, the face In very ensourag- |
ing ledge matter. Both the north and
drifts on the 650-fost level are being
RAPIDLY advanced. running nearly parallel
with the course OF the ledge. The north
west drift ON the 4ii-feot Lowell has been
connected with the Justice. which will
greatly improve the ventilation OF tns
mine 10 that depth.
8uiiies.
The face Of the north drift on the 1900
foot level Is showing more favorable pros
poets than Il has for . week past. The
ea., drift ON the iCOo-foot level. where the
strong dow of water was recently tapped.
Is being again steadily advanced. The
How Of water IL gradually decreasing. and
IN. evidences arc that the main ledge
will DO shortly reached at that point. No
change in any Of the other prospecting
drifts in any portion Of the mine.
TreIas.
AT the 3OO-foot level tho north winze Ia
down ninety feet. all the way In splendid
pre-. Ths north winze. 200 feet further
north. Is eighty feet deep In So orc. aud
further sinking 10 suspended In order 70
concentrate work In sinking the shalt
Good work Is being done sinking the main
shaft. and II will be down TO the 4O0-foot
level before long. The shaft 10 now 3t5
feet deep, and tho last fourteen feet 10 In
good pay orc.
Imperial Consolidated.
The north drift ON the 2is5-foot level
has penetrated to within . very few feet Of
the NORTH or Alpha line. The main driii'
connecting the north and south WINES ON
mai level 1. being enlarged. timbsrsd. and
tracks laid. preparatory TO . PsIm.nen.
c~ros.cutting aud development Of the ledge
an that level. The cast crosscut on the
2OOO-foot level Is steadily advancing the
face in very favorable ground.
Ja.siss.
Daily yield. 3C5 tons Of ore. keeping the
mills all running up TO their full working
capacities. The ore slopes ON the w.
700 and soo-foot levels show no important
changes At any point. but are all looking
Well and welding finely. The ore vein OF
he iOOO-foot level Is proving much rionef
i'm geld Than IL WAS on the lsvsls Above:
The prospects, Of . fne paying level 81 thA'
point is daily on the increase.
CheiiarPesssi.
sinking the Combination shaft Is making
the e.tof progress. the bottom still being
in very favorable ground. There u ne
water At the bottom TO trouble Whatever.
Driving the east drift at tho 17s5-foot sta
ton is making good progress. The daily
Weld Of ore from the old upper workings
Of The mine 10 about los tons, the assay
value Of which 10 s27 per ton.
North Consolidated Sirsinia-
sinking the main shaft 10 being pushed
with all the vigor possible. Il 10 now
40 feet below the i20o-foot level The bot
tom il in q mixture Of quartz. clay and
porphyry Of Q very encouraging charsc-
Ter. The iiow Of water at the bottom 10
easily handled BY the pumPs. Everything
In and about the mine IL In tho bsst con-
dition possible for active development