Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-08-21


eher-rhs 0nsioek Enesuragtsg.
The week eloses with . still vigorous and
healthy stock market. Dealers and the
public generally appear 10 have forgotten
their iais difidence. to have laid ABIDE
their fears, and are all eager to chance the
risk Of = few shares In their f~avorits mine.
b that what 10 may. II Is simply the old
story over again. The people have become
fixed in the belief that another now and
extensive ore body Is about TO be dsvsl-
opsd. and knowing that the value Of every
thing must b Immediately euhAncsd. will
not only buy but hold stock. 90 that the
present strong market may DO looked upon
- nothing more than an exhibition OF the
confidence our people have In NJ ore q
vslopments already and o o 10 b mad
In several leading mins.- Tbs mining
sisnAtion Ia still bright sal ~ proc
pscts for the failure excellent.
The Sierra NsvsdA winzs conunnss 70
out what appears 10 10 nothing kss than .
solid body Of orc is width. depth and
length isyeta matter Of conjecture. but
the finding Of such . body at such . depth.
In . mine that has been prospecting I'M
successfully for 90 many years psst. 10 q
matter Of no slight moment /; In fact. one
we'll calculated 10 arous the speculative
inelinasions Of the people.
The developments In ophir are being
forwarded with all the speed possible. ths
ore In the winzs below tho 1000 level hav'
ing passed TO the eastward Of the shaf, and
assumed ones moro the regular eastern dip
Of the Comstock lode.
The water 10 drained from the 1000 lsvsl
Of the Julia aud crosscut No. I 10 bling
cleaned out and timberej. while sbrths
Ame time every reasonable syft -
being put forth 10 reach cIasoft No. 2
and the face Of the main south drift.
A bad b~reakAge Of . pump rod occurred
al the Belcher drain shaft last evening.
which is likely 10 delay the ~crosscutting
Of the 1850 level Of that mine and the
$500 level Of the Crown Point for perhaps
week TO como, ~ 10 would
hardly be advisable for either mine TO A.
tsmpt TO ero.scut until the large pumps
we're In proper order for taking the water,
should . iow DO encountered.
The situation In the Savage. Bullion
and Imperial re mains unchanged. In the
Alta . large extent Of the orc vein 10 being
laid bare on the 1850. 1850 and i45C
levels ready for crosscutting al no distani
day. Thus IL will DO seen that there Il
nothing discouraging. while there 10 much
that IL hopeful In the outlook Of tho Com
stocks. added 10 which Is the sihilarstsd
feeling, caused by the good cheer and glad
reports that greet us On every hand FROM
our ncighbor Bodis.
Below We give our regular weekly sum
mary Of the latest and most correct mining
information. derived from Official and
authentic sources. showing tho situation
Of zach mine to-day mp tn the time Of
going TO press
Consolidated SirEiata.
Daily yield. $50 tons Of ore. which ID
delivered at tho mills as fat - extracted.
The lower levels are still very hot and the
progress Of the prospecting drifts and AL
vance OF the ore stoPes necessarily slow.
The 1850 station in the G. 4 @. shaft ID
being opened ready for future use. The
repairs to tho Consolidated shaft are
making steady progress. The itoo station
VA completed yesterday. and men placed
Al work charging the drifts connecting
with the wines on that level so ~ 10 In
crease the air circulation all that u 10 pos
sibls 10 DO. There yet remains about $50
feet Of the shaft 70 repair. 100 feet Of
which will require considerable enlarging.
but IL IL hoped that After the iioo station
and drifts connecting are reopensd
sufficient circulation VI air will DO secured
10 permit Of better progress. West cross
| cut No. 2 on the 1900 level 10 steadily ad'
vaneing. tho fsee still in porphyry. The
| Joint east crosscut from the Best& Belcher
| Wine on this level 10 making steady bead.
"a, We, eros.cut No. 4 ON the 1850
level Is making the usual fair progress. thu
- loo -, sinLing vinso No. q below
az. iT.o isvsl n m.lins fair progress. i,
80 80 "a r-.t shs bo,tom ,till ip
81, ors Rs,,mb.rine ths main vest drift
on ths 1850 level. connecting the O. 4 @.
sad Consolid.tsd shsft.. h making rood
h.ssSs. psn.ir;ng tbs eonnectins Air
ss,Ias.r,,h a. 0ouId 4 Cnrry on he
ss,a isxsi /. going readily forvsrd. Re-
,imhs,,n. ~ main sonth drift ON The 1900
,..sl !. m,ling ths be.t Of proersss.
Ss"n's-
Daily yield 200 tons OF ore. The open
| ing up Of the all door going north from
.,....n, No A nm The 1850 level In maxim
--.,u -. a..
r.. ,o,,h o.. .,on.. an Ina i7,0 laval ,rs
.,.o v,.ld,ny GOOD ore. and LOOK we'll q.
49,. ,av.ns.a 10 the por,hv.rd. The
main north drif, from the Consolidated
.h.n ON N. ,c,o Laval 4. being steadily Nd.
y,pc.d. the face In softer ground. II 1,
b.lieved that this drift will cut into the
| north ore body In . day or two more.