Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-01-09

/. Its.Jussiee-Wsedvtil s Middle
Trojan Complications - sasre's
Bsikhead -Csderxreasd Pres
peess To-day.
The stock market to-day Is strong AMI
hopsful. Notwithstanding . little setback
or so in some instance. aimee Yesterday
The California and Consolidated Virginia
mines have each declared their usual
monthly dividend Of two dollars per sharc.
payable on the iith and 18th instAnts, and
the amour, Of ore In sight In each mine
~jus,iies the payment Of some moro OF
these munihcent dividends. Assessments
continue 10 be levied as amattsr Of course.
among the latss, being 81 on the Yellow
Jacket. 50 on the Justice and s. on the
Chollar- Potosi.
A continuation OF tho rich ore develop
ment in the Alta Is found In drifting west
at the 1850 level. and . smart little rise In
the stock wu the result. There was .
reaction. however. which brings tho
stock back to its recent basis again to-day.
There il no doubt at all Of the develop
msnt u . valuable ore deposit in the Alta.
and the principal trouble at present Is to
fnd out who has the best title TO IL.
Runners Of q compromise between the
various e~ontending parties and In
terss,s have been in circulation
for the last day or two. but
there has nothing decisive been done in
the matter As yet. President Baldwin OF
the Justice swesrs that nothing short OF =
complste surrender Of that decd 10 the
Alta will do him. II Is to Be hoped
that tho proprietorship Of that rich
little bonanza will be decided equitably
and finally very Meanwhile the
splendid dow OF bullion from the BONANZA
mines continues undated. and showing
no immediate chance for diminution.
Connection is eomplsted between tho
Chollar mine and the Combination shaft
on the i7s5 level. giving not only nne
and much needed ventilation ct that
de IN. but also . new and Ad~vsntagveus
opportunity for comstosk drainage.
should II DO required. sutro contin-
uss tn prepare for putting In That
threatened bulkhead Of his. and has the
thing nearly ready. II the Comstock CON-
paniea will not come 10 his terms he
swears tina, he will put in tho bulkhead.
effeetually~ stopping the tunnel and making
the companies take care 81 the water the
beat way they can. Sutro will do nothing
Of the kind. however. lie may bluff As
much a. he pleases, but his little game
will DO q failure. lie has mo right 10 back
up the water from tho country outside OF
the Comstock range and force IL 70 flow
west through his tunnel into the mines.
lie will show good sense In not even At
tempting the thing. The new year starta
In with good underground prospects and
. healthy stock market. tho chances being
more in favor Of an advance than . de-
cline.
Below We give our regular weekly sum-
mary % the latest and most correct mining
| information, derived from official and
authentic sources, showing the situation
Of each mine to-day up to tho time Of
going to press:
CALIFORNIA;
Daily yield, ESQ tons Of ore. The bull
lion yield % the ore crushed during the
month 81 December WAS 81 .G35, s92-which
leaves a nice little surplus on hand after
paying all expense. and the usual month.
liz dividend Of 81. os0. 900. The ore slopes
on the 1900. 1900 aud 1850 levels are yield
ing rich ore and show we'll At every point.
The north drift on the 1900 level Is max
ing good progress. the face still In hard
blasting rock. Some enlarging and re-
pairing Of the drifts 10 being done on that
level. The north and south lateral drifts
cast Of tho ore vein on the 0
level Is being pushed vigorously
ahead 10 connect with the south DRIFT
from the Consolidated Virginia, run
ming to meet II. The repairs 10 the drift
connecting with the Ophir shaft ON this
level are finished. ON the iG50 level the
north drift in the ore vein Is steadily AL
RANGING, the face in rich ore. A north
and south lateral drift 10 being runo ON this
level, on the west side OF the ore vein, the
entire length Of the mine. This 10 being
done on account Of the groat saving In the
mAttsr Of repairs TO the lateral drifts and
air connections In the orc vein. whore the
excavation VI such large bodies OF ore
cause . constant settling and giving OF
the ground. No work Of value Is being
done ON the 100 level At present. On the
1850 level the north drift from No. 5 Wine.
running 10 connect with No. 9 Wine. 10
making good progress. Sinking No. j
Wine below this level IL also making fair
heAlway. This Wins IL now down l9l
feet. ON the 1910 level the Joint Ophir
drift ia being pushed steadily ahead 10 the
eastward, the lace In very favorable vein
matter. The east crosseut from the south
drift on this level. 200 feot from the north
line. Is making steady progress, the lace
also In vein material.
Consolidated Virginia.
Daily yield. $50 toni OF ore. The ore
Slopes In every portion Of tho mine are
looking spiendidly. and yielding tho usual
rich character Of pre-. Tho bullion yield
for twenty five days run Of the mills for
the month OF December wAs N.532.g9i.
from which the usual monthly dividend OF
81, $50, 900 has been declared. Tho mills
are all running and crushing ore up 10
their full capacities. A fow days since .
story to the effect that the brunswick mill