Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-06-05
THR COMSFOCK.
Latest Official Mining News.
For the Week Ending wednesday,
June s. 1873.

sse~hs Up asd shs Markst Lively
Inpssvtss rrsspeess a variess
Impsrtass Psists she saa>s-
Ophtr. SAVAGE. Jaita, Isapsriai.
Grsws rstss, Bsiehss. AHA
satrs russei- Dtvtdesas- A.
% sn~sss Cs.psshessivs Hss-
ssary ct shs Essass Msstsg stss
asisa 1sDay.
The stock market to-day certainly has .
healthy anil very promising look. with good
prospects, for future stinness. The sd-
vance 10 not great. but pretty good for
thes. hard times. and 10 all tho better Tor
being based upon improved mining
prospects. instead Of any speculative
deal. ophir Il evidently developing .
BONANZA. and Savage gives letter promise
Of ore than heretofore. Julia will show
you something very shortly. md Archie
Borland. Who 10 waiting around ~an1iously
for the happy moment. privately informs
that lie frels sure Of . big thing; . baby
bonanza tina. any man may we'll feel proud
10 be godfather Of. He proposes 70 10 1t
tho christening. s.re.
Imperial IL e~rosscuttins away toward
the ,ast at tho lower level after the same
sort u an arrangement and Crown Point
and Belchsr are preparing TO follow suit
shortly. In fact both Of thess last men
toned mines have been showing . degree
Of improvement In their general ledge
formation for the Last three or four hum
dred feet that warrants tho belief that . new
bonanza is "making." and perhaps about
tn he Developed In their depths. We are
also privately informed that there 10 avery
good prospect that the trouble between
Justice and Alta will oon DO compro-
mi.ei TO tho mutual benefit Of both.
This will raise the embargo on the nns
badly Of ore developed In Alta. and start .
couple Of hundred men. at least. working
to extract IL for milling.
Quite . mmor has been prevalent during
the week that tho header Of the Sutro run.
mel has run into the east ore vein In the
Savage ground and shows good milling ore
In ils face. Our information 10 that 10 has
run into . favorable Comatock formation,
which rcquires iitils or no blasting. butan
extra AMOUNT Of timbering. and some
strsals of the quartz give assays Of from
S. to Si2 To tho ton. Sutro will doubt
less push his tunnel through 10 compile
ton a. fast a. possihle nov. while cool
weather lasts.
At the annual meeting Of tho Crown
Point Mining Company. held In ssn
Francisco day before yesterday. 7s.7os
shares were represented. The report OF
the Secretary for tho present year
shows receipts amounting 10 $s7s.s9i IS.
Of which ssc9.iOi So came FROM
assessments and sis3.50o 70 from
bullion. The present liabilities are si9..
AS %. Of which si2.ioi IS Is overdrawn
at tho Bank Of California. During the
past year the expenses Of tho mine were
reduced s372.sG3. The Superintendent
80, 4. =, .,h,u.,i,. rr,i.v az work
...,,n,,,.h..a .na holJ. firth The bops
that at greater depths . body Of pay orc
will bs Developed. There being no oPposi'
ton. the Secretary Was ordered N cast the
eutir, vote representing as. 7Os shares, for
the fo,loving Board of Trustees, To serve
~,lpripr IN, ensuing wear: ], p. Jackson,
n n r,v u l. waller. J.. N. Dickinson
..,,Tp u.,uo, The .,oelho,der,'
80. a.. .,Io,,n., .-.ub.~ousn,
...,,.. =, ,,o r,n.,so. a. l. Waller VI.
80, p,..iasn,. A X. p. Harmon.
yies President: Jane. Nsulands, secrs-
,.v. ,,a I. Jonos. SUPERINTENDENT.
C.,,,o,,,. iii i~scl.r. her u.usl monthly
-, :, 40 ~, .h,,. and Consolidated
w,..,n, a, a., .h.re ~ morrov or psx,
c,,~a po,,, l.,,sd an ...e,smsut Of
u.'' ~, -. ;, %
81 per share 'o-aay' anu i'olAn '"s -
cents Yesterday.
p.lox Wa give our regular veekly sum.
u,,.,, r-,n,n,
mary VI INV 80
information. derived from omeiAi anu
Authentic sources. showing tho situation
a, zach mine TODAY M 10 the time Of
going " press
Canessia-
Thar. 4. M eh.nge I'm spv of the ore
a.. IL. =, ,,.
p''u"e'ns seeN'A'
quantity Of ore eauactsa ana mii'eu.
The ore breasts and Slopes on the 1850 n
,eoo i.,.i. .o.,in,. IN .hov vell. Siuk.
- ~. 1000
ing the loihi oPni' u'"1' '''o
issel on the north line 10 making good
progr-ss, considering the extreme hard
-. ., Al. ,o,l A donlev angina 4,
an. s.i-,,s.,-s- ,,t.
Icing erect~i no w" a"'s.'nk 'lo~ 'a'.
wine. The east drift on the 1850 level
will complete . connection with tho G. 4
~ .h.t h, yril.y n.xt. This viii rive =
~ -..,u.,,o. =, A.. .n,,r.
mnen.ne,u ~ ,sn,h - ,,s.,,v s.ciii.s,s
niue W ma ~. .mp Ths e. N .his
IN, IAN continued An perfectly dry
yround. while the How Of wafer at the bot
tom Of tho q. 4. q. shaft continues with
the same powet ana iu ss,, P ns
."s -. ~. 1917 ,I,,f, on ,his laval bs.