Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-02-13

seek-Nsw Ore Prsspssss.
The stock market for the week has not
shown much change. scarcely dropping or
rising enough TO permi, Of the brokers max
ing . decent living turn In anything quoted.
There seems TO DO but n strong disposi-
ton manifested by the stock public. and
that Is simply TO hold ON. In the hope OF
new orc developments In some quarter
which w~illtinfuse new life into the market.
This Insulating condition Of stocks has
been sscribed in . great partto the depres.
sing influence Of the bill recently intro
duced into the California Legislature. 70
appoint . Grand PashA or Censor over the
entire mining interests Of the Pacific
Coast. Legislation that will strengthen
and protect mining interests II . good
thing and In some respects much needed ;
but we want nothing that 10 going 10 take
away not only all corporate rights. but all
individual rights - we'll.
II the Legislature Of California want V
aid the mining interests. let them make .
law that will reach and protect In some way
the rights Of the minorities In stock cor
poraiions. so that. a. In the case Of the
Justice and tho woodviile mines. the In
nocent holders OF $500 out Of 10000
shares Of tho stock cannot be robbed Of
their undisputed rights. So far ~ the
mines are concerned the outlook con-
tinue- bright and prosperous.
The final clean mp Of tho BONANZA mines
for last month shows . total yield Of S.
3s7. al. The mills are oil busy. and tho
past few days snow insures the millmen
plenty Of water with which TO run the
river mills during tho coming Spring and
Summer.
The sutro Tunnel 10 gradually nearing
the Comstock and tho blasts in the header
can now be distinctly heard BY
tho miners at work on the
1000 level Of the Savage and
Hale 4 Norcross shafts. The pumps In
both the savage and Hale 4 Norcrsss
shafts are working 70 perfection. having
entirely drained tho large drift and cross
cuts on the 1000 levels Of these mines dur
ing the week. and being now almost ready
10 make . start for tho 2iO0 level. which
they must reach. at the present rate. In .
very short time.
The great heat In the 0phir IL being
rapidly overcome. and work 10 being
resumed In all the drifts and wines To-
day. 50 that II nothing further happens
10 prevent. We must soon begin TO learn
the true value Of the recent discoveries on
tho lower levels Of that mine.
new and important discovery Of . body
Of quartz and low grade ore was struck
day before yesterday In tho east
joint drift on tho dividing line
between tho Union Consolidated and the
Mexican mines. while at about tho same
time some very favorable quartz was
struck In tho bottom OF tho Ward shaft.
Early in the week tho silver Hill cut .
nne -trv.k Of orc. four feet thick, ON their
COO level. assaying ss high a. $500 per
ton, 50 that taken altogether We again say
| that tho fault. IL fault there h, 10 In the
stock operators and not the mines.
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 up 10 tho time OF
going to press:
silver Hiii.
During the first part Of tho week csst
cro-scut No. .. south Of tho turntabls In
! tho main south drift on the 600 level. cut
through . vein Of ore four feet In thick
ness. careful average assays Of which give
returns Of si5 per ton. Some Of tho ore
in this vein Is very rich. assaying - high
a. s2OO per ton. The entire four feet has
. ano lively look. and beyond . doubt will
| lead 10 a much larger deposit when traced
IN ia source. 10 10 hard 10 tell by is
nre..nt appearances whether 10 makes 70
| he north or south. or downvards; but
10 saw the least. II IL . very promising dis
coyefy. The face Of this drift is still
| being advanced In quartz and porphyry.
will occasional small veins OF orc run
| ming through u. tho managers being very
desirous Of reaching the east wall OF the
vein, which at this point 10 very wide.
The southeast drift on thai level 10 also
being steadily advanced. tho ore In me
face showing q steady Improvement THIS
drift will at no very distant day cross the
line of the new ore discovery ata point
400 feet south Of where u wa struck In
crosscut No. 2. The other prospecting
drifts on this level arc all being stesdliy
advanced. without material change. D
east drift on the 500 level 10 being stesduy
advanced, the face in quartz and porphyry
mi,,d. The dow Of water from the face
~ Iris drift 10 quito strong. sinking the
main incline Is making steady progress.
the rock In the bottom being quite hard.
Mexteas.
The lining Of tho pumping oompart-
men, Of tho 0phir shaft has created .
drsf, that has greatly cooled the mine. and
h.s enabled the resumption Of work In the
face Of the vest drift from the main north
irift ON the 1900 level. This drift 10 being
steadily advanced and will have about "
feet vet 10 run TO complete . connection
with the east drift from The bottom OF The
Joint Ophir Wine below the iIO0 level.
The Drift from the bottom OF the Wine 10
making good progress aud u nov IN %
feet. The joint east drift ON the noftnern
boundary night before Last. cut mo .
greatly Improved character OF quar-. car.
rying some good ore, which sun CONTINUES
In he face Of tho drift. The Appearances
are that the main ore vein Will soon Do
49, lawl