Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-08-20

Coonpino0ocy -
over the Fiuesassiess or b
Market - Usiea Consolidated -
sierra Nevada - THIS Outleok
0eod.
This would have been visiting day on
Comstock had not the Law been found
faulty. The bsars are the only one to
growi much ovsr the fact that there are
no more visiting days.
The ups and downs Of the stock
market are taken with the utmost com.
placency by the majority Of dealers here
on the Comstock. The downs are nm.
doubtsdly caused BY the sales Of many
small holders desiring to realize on
slight advances and expecting to get in
again before The grand bounce (Which
everyone seems to sxpect) gets along.
1t may succeed. but II Is dangerous
experiment for those who wish to 30 In
when the day Of advancement comes.
Some Of these days IL will be made once
too often.
But the competency Of insidsrs and
the knowing ones IL significant. They
arc a. calm II . Summers morning.
They have comprised the situation. and
prefer to bear the ills Of q little delay
than fy to others that they know not Of
and which are very likely to be met with
when least expected. They are holding
north end stocks. and would about as
soon let slip 10 much Of heaven rs let
them 60. They cas- Is follows: The
indications are all there: the approaches
are excellent. and the diamond drill has
proved that there Ii . BONANZA in Union
and Sierra Nevada. This 10 insured. and
all else hoped for will follow as . result.
0phir. too. 10 most promising. The
incline has BEEN In an excellent forma-
ton from above the 22O0 level, and 10
moro interesting than ever. just now.
The 2i0O level will pretty surely show
something OF value. Then there are oil
the workings west along FROM Con. Vir.
sinia to Union. which are liable to fnd
something at almost any time.
Sierra Nevada is in slatu quo. and must
be q little while yet, but when the water
can be sent via ophir and the O. +. G.
snait to the Sutro Tunnel. and when the
Union shaft reaches the 22OO level. and
the Eureka Mill starts. things will look
better and bs better.
II il not necessary to pay particular
attention to the flooded mines, stop to
examine the mines on the Divide or
linssr along the south end to ascertain
that the situation 10 moro than hopeful.
It Is really sxpectant till the north end
Is reached. and there II IL assured. To
be sure. many mines are In . sort Of
transition state. There IL much work
-, ao,. v;,h an ava n thu fu,u,s
a., Al.
and whicn ID oufasn now ou' 'ne
grub will be Q butterfly BY and by.
Below We give our regular weekly
summary Of the latest and most correct
mining information derived from omciai
and authentic sources. showing the sit
uation OF each mine today up to the
,;,,. =, ,o;n. ~ nra.s
Usies Ce~nseiiaasee
The work Of repairing the north dritt.
1000 level. In making good progress.
,-;n 90, =, mi. i.v., ,ovs,d h
Ine
Union SHAFT u IN vein po'Pny'y ~
curing to be blasted. and has Ito face
100 fsst from ths main north drift.
Th.,. ha. ba.n n, lsts a sliobt incrsase
=, v.,., =, mi. a,;f,- This mint Ms.i.
oar crosscut west ON the 1000 level Is
passing through q soft vein formation
carrying stfeaks o. quart anu o;ay soi
can uinzs from this level has ,pcouu.
tered an increased iov Of water, and q
donkey pump has been put in to handle
1t. sinking u nov masins good pro,
grsss. Inc intense nsa' nas i1 sn saeo
win v1lk n.u a ooSo I.s.n Sr,;no
.e'sl lI.e,.a s. n,,s .;ut;n. ,hs w,n,s
,ne VIZ. nv. ~ ao,h;aa MS Ran
,,om .nis i.'e'' 49,. p. 800.
aone ~ stn, pts' S0".o -. 5son,
Vn the ssV, isss' to.es; or s"S.s.
ING ai.nionu u,nu ~ - 49,
Ns. " s "a ~ ds,sss.;om - ,ns foot
i' .u ,..sS . oon%,;urs,;o, oi
'eu. ss ~ rh;eS .s,snds ;. Nv a.
~. All h.. nsn.,,os.d' This- oosther
.;,h ,hs as-vsIonmsnts m.ds bv nv drill
wh.r nm ~ an sno,a oi AZ DEGREES
s....s..a., shovs |. cooS hoa, NJ ore
~ w. , Ne issSI
="
0pnir.
The 2400 level has been reaohed on
a. A.. ...~ -. $50. L.