Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-12-03

n tcpottc OF INC nHsoifA'" WV
had a GOOD square interview with Colo
mel James G. Fair. recently in that city,
with the following rasult:
Can you explain how II is that the
stock OF the Sierra Nevada mine has
fallen 81 much :"
Indeed. I cannot"
"Do you think there is good quartz
there ?"
"Iudesd. l cannot say"
"Do you know what the quartz yields
per ton ?"
Indeed, | do not"
"Do you know anything about its
ecndiiion-how deep 1t is. how many
crosscuts have been made ?"
Indeed. l cannot tell. l think they
are working ON both the 2lOO and 2eOO
levels. though. Perhaps the crosscuts
they have made are not yielding AZ much
was expected"
There seems TO be considerable
feeling about Skae. who runs the mine.
Who Is he ?"
"well, he's the principal holder, l
suppose. He's been dealing some in
stocks. more or less. for years. and is
largely interested in the water works.
Now. there Is something I'll talk about.
| We've got the finest water supply TO
Virginia City in the world ; bring II,
SIR. forty miiesIitom LAAe ianoe-"
an inverted sypnon' uowh one noun
tain ana up no'ne WY q Pip'ns
cost a round si'VyC,oVo y ,ne "c,k
S'oo'VoV morv. We nau nav ",
water IN Inc mines anu q Guy necueu
IL mo very purest water IN the ~otid'
SIR.
wow Colonel. can't you say some
thing about the future OF the mines Oh
IA Comstoek
ihue.u, oou'a no, -
erai way l do not mind saying thar the
mining resources oil NeVada are oouhu'
less. They have scarcely oeen en-
eroaehed upon. The richest mines
heretofore have been q S~onsonus'eu
Virginia and California. The produe-
ton has been comparatively small ior
the past two months, but taken all In
all the production has not varied mueh
year in and year out"
looming back to the question OF
Sierra Nevada, can you not give some
theory for the break in stocksf"
"well. I have not asked or i could
have found out, l suppose. For q
theory | should say that the mine has
exhausted what was at INST b u sur.
face ~ysin-have a smoke t-and that
there was nothing upon which to base
its extraordinary prominence. Mind.
that's only theory. Do you know. sir.
/ have not done any talking to news
paper men since I came East till l got
to Philadelphia don't want to DO In
teryiewed. But then the press has al
ways treated me well and l want to treat
them right"
"You may not ignore tho press and
and succeed even in silver mines, eh ?
Well. do you find in the East that min
ing stocks are getting n hold in specula.
two circles ?"
"well yes; they are getting quite n
holi-say, do you know that those tele-
graphic reports Of mining stocks sent TO
the New York Gruphie. signed Dan de
guile. are the most reliable that are
made Mr.. Wright. OF tho virginia
EAidTrise, furnishes them. and a mil
lion dollars could not induce thai ma
TO furnish a report that he did not o
to be true. lie has access To all the
mines n maps. Ills reports aro 'h'
very best"
"lour firm has no newspaper inter
est In the last ?!
"Oh. no; u do you Know Ne'aua u
a great big place. IL a never become
an agricultural State. IT'S too moun'
famous. The mining industry wiii al
ways endure. and there isgood grazing
"Have there been any new 'n'nins
districts developed recently IN Tue
Slater
- MI ANIA hINN nNNAA