Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-01-02
THE coMsTocx.
Latest Official Mining News
For the Week Ending Wednesday,
January 2, 1873.


January 2, 1875.
The Market Amer the Heifasys-
Rssara Of che nrsksrs 10 their
Yearly Rensiae -" wiidess
Mises the Outlook for bssh
stocks and Mines-
Tho Christmas and New Years holi-
day. being now over. and the brokers TO
turned 10 their business for another years
campaign, the stock list Ii the first In
order for the observance Of the great stock
interested public. The market opened to-
day stifr and good At both ends. although.
p~erhaps,-a little weak In the middle.
ophir and Alta are tho indicators. and
both arc strong. with the chances more In
favor Of an advance than . decline.
We notice that the San Frsncisco CAros-
ise is still .;indulging' its.bearishly inssr-
es,ed proclivities BY recklessly calling all
Of our mines wildcat" which do not
happen TO be.paying dividends. In fact
IL deliberately calls them "Hiwiideat. oa
certain extent. regardless Of the millions
In dividends already produced. sven the
bonanza mines being included In the
category. Calling them all wildcat. how
ever, Is Just - well ~ any other name
They will all DO worked and developed -
usual, withoutstho, assistance Of tho cAro~-
iels. The Yellow Jacket. Grown Point
Belcher, and several other mines which are
no. now paying dividends or expenses. have
Welded handsome dividends in times past
and may do 50 again. Others which have
never paid the expenses Of development
may yet step 10 the front As dividend mines.
II has only been by tho liberal az
penditurs Of money that any OF tho
bonauyas have besa discovered. and -
In the past, 90 ID will be In tho future.
There are plenty Of indications for new
bonanxAs. and plenty Of room Tor them'
and the little cold water throwing OF the
CArsnieis will DO no impairment In the
matter. The present outlook for both
stocks and mines during the new year Is
good. and anything but discoursgins.
Below we give our regular weekly sum-
mary Of the latest and most correct mining
iniormshoh' ueri'eu "o"'
authentic sources. showing the situAuon
NJ each mine to-day up 10 the time OF
going to press;
a--a
Consolidated Virxs"ts-
Daily yield. $50 tons Of ore. The ore
.,o,.. ON the 1850, 1850, 400 and 1900
- IN .,a,,,,. ,hsir ,sn.l ~ouanti-
,s'e's ~. 800 ,e.,er5,y
.hi,msnt Of si6.gss pounds Of bullion.
worth $40. 1876. was made. being the pro
cceds OF eight days run OF tne .,.5I'
mine was never ~ uoe.sia r-rnsnsets h !
Al mi. time. Work is being pushed
forward with steady vigor at every point:
On tho 1900 level the ore so,ns s0a. on ,ha
,Soa ,"ss, ,,s eannec,ion with the large
winzs from the 1850 level ia fast cooling
the ore Slopes. 80 that Its rapid estse.on
can be commenced a. any ume ~nen
desirable to do 80. on the i'Vo Ie,e.
drift west OF the ore stopes !. oc'ns ,Aptu
~ driven ahead To vontiia,o mo sou'a ~
bodies. UprAises are also Using m.u
from this DRIFT 10 connect Win VIZ vPVn
ings ON the level above. oh .hs loSo
the south driit mas eomp'esea ~ 1919 a
win the norm urn, W s,nnss
curry. on inc IoSo 'o'o' ~ si.h ~.
going son,n commune No = hss
on tne LOU Ie'., ..su - = ri.h or.
passeu 'nIousn VIC s.,s. So,h north and
tee.n',y Iounu, .s,aa 10 nrosnect mi.
sout" nr,o S.W,a. .,sIt a. .ir..Jv anniv
vein. IN, ouI'on ~ .s.n..n; ~ ~
suneient 70 insaiv 49,, Mar.
usual monthly di'iuehu VI - f"' ~
Cniisovuin.
MI. Ill, e.o tom. M ore Tbs mills |
,...,,, on, ,ha u.u,I
~. N h.,o,. ve.,.rd.,
"S."1, az ,,o r,rn,. ~ suIliou.
s-.s 40, m.d.- b.ing The
80 49,, =, h,,,,on sv.r m,ds a.
A.. 10. IN. ors .,opcs
800 go ,coo -, ,e,a Laval. all
on inc iooo' i''''
continue their regular Weld OF ,icn oles.
The north drift on the iooo lcvsi - soins
steadily ahead. the lace IN haru piASuuS
| fbtss ~ -
body on the 1850 level, 10 also making
good progress. On the 1000 level the
southeast drift continues In hne ore. TIT
drift north on this level, running 70 con-
meet with the 0phir mine. 10 steadily ad'
vancing, the face In barren vein matter.
East crosscut No. 5. IN the same level. 10
being pushed vigorously forward. the lace
in barl porphyry. The east drift on the
,ato I.x.i 4. .ta.dilv apDroachipg the ore |
vein and Is getting into much softer
ground. Tho yield OF bullion Aireauy y.
.arss s9 ss ~, shsre for he month Of
Decembor. Everything In connection
with tho mine Is working splendidly, both
allow. and below ground. and there ,eems
a. yet nothing but brightProsperi'y Anesd'
silver lIiii.
SHAKING Tho main iucliueis being pushed
-n,J,, sor..rd. The cas-, drift on the
II IAIAiy /