Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-11-19

The Market and the utnes-rns
Bsuadary Qussssen-sierra Ne
vada and Union-Werk Pushed
Euergesically and Aooordisg 60
Geasrai Pias OF Dsveiopmsns-
Ophtr. Msxieaa aad Along the
Lode.
Il must be q little difficult for the
stock sharps Of San Francisco to guess
EN- right" these days unless they are In
combinations for certain objects and
work fer definite results and thus gain
them. Most men here are unable to
tell what . day may bring forth. for
values are doussd without any apparent
cause. At least tbs mines furnish no
reason for such fluctuations and dsprss.
sious - have occurred during the past
week.
The agitation Of the boundary ques.
ton between Sierra Nevada and Union
has doubtless been used to brighten poo.
pie and bear the market; bat there 10 no
cause In that for alarm. The only bone
Of contention IL 8 feet Of ground. All
the rest OF the mines are u~ndisturbsd
by the present agitation Of the matter OF
the boundary line and the whole Q feet.
albeit they Lie across the north end bo-
nanzs, are not worth q much - values
have been lesssnsd In either Of the two
mines.
Nor have Developments In the mines
furnished cause for the break In tho
market. Sierra Nsvada's west crosscut
ON the $500 level has Its face 10 good
ore. There IL. moreover. . good pros.
psct east and north Of the east shaft for
the development Of another BONANZA.
The 63 feet run south OF east from the
Union ahaft on the 2400 level do not
take the face or the drift to the place
where ore Is expected to Be found on
that level. Every indication II that the
ore body there is large and rum deep.
II that il the case 1t should not make
too much to the west on this level.
Every indication Il therefore Of the most
favorable kind.
Nor IL the delay In opening up this
ore body Of such nature a. to cause q
breaking down Of values. All In being
done that can b done. The mishdest
Of energies are welded at the Union
shaft to get the pumps there ready for
use, that the burden Of water may be
lifted from Sierra Nevada and work
there Be facilitated by greater dirsctnsss
OF prosecution. There 10, moreover,
danger Of flooding both Sierra Nevada
and Union BY pushing Developments
now. and this viii bs avoided when these
pumps are In operation. Then. both
mines can push developments with new
and fearless energy. . thing which
would be very imprudsnt now.
But sven now. work toward necessary
and strong objective ends, and In 90.
eordancs with we'll matursd plans Of de-
vslopmsnt. 10 being urged In Union and
Mexican. On the 1000 level there is
thoroushfars from the Union shaft to
the G.. & @. shaft. A like thoroushfars
must be opened on the $500 level from
the Union shaft to the ophir incline BE-
fore the nns prospects on that level and
above 1t can DO followed up. To the
establishment Of this ~thoroughiars both
for proper ventilation and - Q base for
erosscuts every energy 10 now directed.
In Ophir and Mexican marked i'm.
provsmsnts have been made since last
report. On the $500 level the west joint
crosscut il in . vein formation which
promises good and important results.
strinesrs and punches Of fsir-grsds ore
have been encountered, with . prospect
Of better things In the immediate future.
The crosscut west on ophir's 24oo level
10 also about entering . most interesting
section Of the mine. The formation in
the bottom Of the incline 10 very
marked in Ito characteristics and indica-
tive Of better things. The Mexican
north drift on the $500 level 10 in . new
and very promising formation also.
In Hale + Norcross the work Of de-
vslopmept goes on in both crosscuts.
That on the 2l00 level passed into por.
phyry. but both are now in . mixture Of
quartz and looking very f%svorably.
Nothing 10 said officially Of the lorna.
ton in Savage. but II 10 generally under
stood that indications Of approaching
the ledge abound.
Aside from the foregoing. and conneo-
tons between the Ward and the Julia
and ON the 2700 level Of the Yellow
Jacket, the situation along the lode re-
mains practically unchanged sincs last
report.
Below We give u regular weekly
summary Of the latest and most correct
mining information. derived from Official
and authentic sources, showing tho sit
uation OF each mine today up TO the
time Of going to press.
cs.ssiidsssd virrisia.
Crosscut No. Q. 1850 level. has reached
. length Of rs feet and been stopped for
the present on account Of indications OF
water. The winzs from the 1900 level
has reached . depth Of 50 feet. passing
through low grade ore. From this point
q drift has been started essterly to meet
that from the raise above the 1850 level.
This connection will bs made from both
directions. The south drift, also level.
q. 4, an fat and In cutting q vein for.