Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-04-02

nines-Beieher aad ga south.
According to late movements OF the
stock market. II there was another com.
promise with Mr.. Sutro securities would
90 to zero.
The general outlook along the Com
stock remains unchanged except as the
developments Of the mines are pro-
crossing towards objective points. In
this respect the situation is improving.
In the Sierra Nevada the incline Is
showing a new development. the value
Of which will be more fully determined
as work progresses. But, whatever view
is taken in regard to the formation there
encountered. one can deny its impor-
lance. II the quartz there found be-
longs to the vein partially explored above
aud which has been followed on the
slope Tor more than GOO feet. is value
il at once apparent. Should it prove to
be separated theretrom by any kind Of
= partition so as TO be entitled to the
designation Of . new find. Its importance
is none the less marked. The majority
Of the experts who visited the incline
last Sunday are OF the opinion that 1t is
only an outlying formation and that the
ore body would be found by penetrating
il a little distance toward the west. q
the veins OF quartz dip that way.
Should this be true it Is evidence both
Of depth and width Of formation. and
would indicate the ore body to DO rich
and compact.
As it is. people are clamorous for
crosscu,s to DO made on the $500 and
2iOo levels. All agree that the indics-
tons already encountered are such a.
have never before been found on the
Comstock. These crosscuts would In.
crease confidence all along the lode, and
help to sustain the market.
The bonanza mines are increasing
their yield Of bullion very materially
over that Of last month. The California
cleanup was shipped last evening and
amounted to SIC, 56l3 80; total for the
month OF March. sI6i.2i7 70. as
against SiG5. s9i 50 for February. The
Consolidated Virginia cleanup is to
come aud without the yield for March is
SiJ.i23 30. in excess OF February's
yield.
The activity manifested in the I'm.
perial-B Bullion groupe OF mines Is com.
mendable. The indications there are
most encouraging. The north DRIFT.
2GO0 level. Of the Imperial 10 still skirt
ing the vein and Is en~eountoring some
~stringers OF unusual strength and rich.
ness. The same formation reaches on
through the Alpha. on the 2iOO level.
AMI Is found in the Exchequer on tho
same level aud in the Bullion on the
si'o' They Indicate an ore oody some
where in that vicinity. which is likely
10 oo iounu "hsh erossouS aro run ou
the lower levels.
be'ehet Is now STRONG oo'e's
point. Nv uui's nA' oeeu 'oa"' W.
most '~p0Ao' sa'"e HA y
'h0 mine, non' o.,"s 's ".
streets anu ~
being senerany somewhat hui'eu' A.
though more recently some large sales
49, h..n .s.c,.a Tbs c,os.cut. nm
80"
inc -'oo Anu -'oo 'o'e'' aie iuu''''o'
The situation toward the south end
Is without marked change. either in the
Ala. I-,s,;c. nj, Silva, Hin Thu ont.
look In 'ha' di'ecuoh Is soou.
Below we give u regular weekly
summary OF the latest and most correct
,,-;,;,, i-,,o,ma,;o, as,;v.d from of.
a., o., .,,,an,;, .o,,o.. .,o~;n,
,n--,..,;.,a, o..h u,n. ,o-a.v mn ~
am. n,...
,-...,-
,-.-.,"..h... -, ,..,
...ss~ Tn~...-...u w,,.h 4.
QUO nan'
s,peditiousiy as possiois' and a. the
nature Of the ground Is very favorable,
,,,,d prooress Ia being made. Az room
$1,000 ,,,a;n, can IA aon.
r. m..sins,, all hn,ldin, Al m. oId
shst, will h. removed 10 tho new local.
;,y' The situation Of tho new .hsft has
h.,, Will chosen. There Ia annie
Trimming ground for wears 10 come. The
r.iIraa5 ,,sek runs within one hundred
o., ,ac;i,.,;n. The 5slivs,v ~ vood
anJ ,imhs, AMI n ia also mucb oloser 10
M. la. ,han m. ola vork.- This
shsn will. bs Al opcs put down 10 the
J.n,h ot ,v. hundred feat. vhsn a pros
ppS;sh :, ,h;s min, !. ovs, ons hund,sd
and thirty feel wide.
c.-...,,a.,.s y,rx,,,.
III. ,-s,.;,s N thu shaft have not val
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oeen eomp.u A. coo
1-L-A It'll A mn hIMI