Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-01-08


Yi~oSed Mines Bslehsr 80 sisk
tsr Asosher Level-A New Lsvsi
10 be Opened is silver Htti 1.-The
Situation In Ophir. nexiena ssd
s,~srs Nevada
Stocks are still as ~lifeless 80 ever. the
anetu atoms. with few exceptions. being
hardly enough to pay the brokerage on
the sales. For once q dead calm has
come upon the elements OF strife, the
spear Of the warrior is broken. and the
bulls and bears OF San Francisco peace
fully AMI c~onten,enly feed, drink and
smoke together. regardless OF past DIFF
ferenees. with As great a unanimity as
IL the great day Of the Minimum had
really arrived. Just how long this lull in
stock affairs 10 to continue Is difficult to
tell. but il is fair to prssums-ths hol-
iidays now being over and the yearly
settlements and reckonings all made
that il will not last forever and that the
DAYS are not far distant when We shall
have rises and falls OF stock. swift.
sudden and sharp enough TO satisfy
the mos. desperate and eIcitabls Of our
vsntursome stock dealers.
In the mines everywhere the work OF
development is being forwarded with all
the speed and dispatch possible. and in
more than one mine with prospects that
ARE liable to develop into propositions Of
paving ore long before the coming Sum.
mer is over.
Sinking the Sierra Nevada winze af-
fords no new features for the week. the
same regular and favorable qualification
being shown as the winze progresses
downward.
Ophir and Mexican are sending out
their prospecting drifts on both the
alO0 aud 22O0 levels. with indications
that predicate the best Of future TO
suits.
The lightning drift OF the Hale 4 Nor
cross will connect with the Combination
drift in q couple Of days more. After
that It will probably take some time to
get everything in readiness, when II will
take bu, a very short time to rid the
flooded mines Of water and give q chance
TO get at and develop the really fine ore
prospects known to exist on the lower
levels OF both the Savage and Hale &
Norcross mines.
The California has declared its month
ly dividend OF II per share. a~ggregaiipg
$40. 900.
Al the new Joint Gould 4 Curry
.hait. the tiow Of water il again very
strong, being all that the small donkey
pumps, run by compressed air. can han
die. The iow Of water In the Julia is
still strong and very hot. so that but
lit,le progress can 10 made In the devel.
opm.nt Of the new ore prospects recent.
Iv uncovered in the southwes, drift. OH
an. oooo lo,.l of ,ba, mine.
In an. snv., I'M IN. s.s, drift, ON the
100 lsyel mus, Gu, the main ore vein in
. vary shor, time. Tho same lively
s..L..u.,, NAV n, loot,.l for in ,bn,
quarter
The Beleher will resume sinking their
main incline below the goo level Tor
m. ,,,noss NJ opsnin, the mine at n
.n--,--,L
sun greater asp'n'
Below we give our regular weekly
summary Of the latest and most correct
mining information. derived from Of
sc;al anil authentic sources, showing
-. ,.lx,...
tue sh'ua'ioa VI e"en ""' ''' UP"
the time Of going to press;
Consolidated Sirxtsta.
The southwest DRIFT at the 2l5O sta
ton Of the G. X c. shaft is now in 4
distsnc. Of lis feet and is advancing at
ths rate OF four feet per day. the lace
still In blasting porphyry. on ths i'Vo
level the station in the joint east cross
cut ON tho Best 4 Belcher line Is CON-
- I, w;,,. % .o,nsc,
P's''u
with the level below has been com
mencsd. This crosscut ~ih nov %
continued to the eastward To better 10
fine the eastern limits oil the ore VEN 10
that direction. last erosscut NO.
from the main south drift on the lvoo
level is advancing IN favorable VEN 'oI.
nation. Inc rspsirs 0 Tue main All
oraJ,.l .sdw.v Tbe connection of
the 400 and 1900 levels by means Of q
new apraiss mas stea.y oen.n''eu VIZ
vshtiauon IN .la p LII LIN aon.
~,,s ,,s anniJ q Cnrry on N.
1900 level, are making good progress.
o..,.
, $3.50" - IT.. ~.
pahy y'e'a IONS o' on
slopes on both the i'oo ana sooo is'eis
continue to show well and yield rich
"A, III. ..,s,s frsexinv weather still