Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1880-02-25


As long as adverse stock legislation In
California is imminent, all hope OF Al
improved market may about As well b
given over. Things seem going from
bad to worse so rapidly that no develop
meuts at the mines. however important,
have power to arrest them. People
here can only stand idly sssps and see
whnt will come OF 1t.
Yet Comstocksrs must speculate In
something or about something, and now
they are wondering how long 1t will b.
IL things go on in this way, before the
miuing companies will transfer the
mines to trustees. disincorporate in San
Francisco, r~sincorporsts in Nevada. take
their properties back and move their
Offices to Virginia. This will assursdly
attend the removal Of the stock business
to New York. The interpretations can
not well 60 to that State because Of anti
assessment ensctments; but, with the
Offices here and the New York Board. O
rushing business could be transacted.
Should the sand lots blot out the Chi
nsse quarters Of San Francisco and lose
the Stock Boards from the city. there
would be plenty Of disaster to Offset all
their gains.
The principal points of improvement
on the lode since last report are in Ophir
and in Bslcher. The ore body east in
the former and on the 2l00 level is being
opened up north and south and With the
best results. It increases in value both
ways.
In the Belcher the Wine from the 276O
level has just been started. 1t will take
o sleeper pitch than the incline, as the
stresks OF ore in which it starts stand
much nearer vertically. It begins in the
streaks aud will doubtless follow them
on down. The formation at Its initial
point is considerably better than any
thing found in the original ore streak,
and its course will be watched with pro.
found interest.
Union is now going for another level,
both in the winze east and in the Union
shaft.
Below We give N regular weekly
summary Of the latest and most correct
mining information, derived from official
and authentic sources, showing the stu.
alton Of each mire today up to the
time Of going to press:
Ophir.
The developments in the ore body
struck east OF the slopes Of the Hardy
vein. 2lOO level. continue to incrsa'- IN
interest and promise. As intimatsd IN
the report q week ago, the ore body N
being opened up both north and SOU u
and in both directions shows moro IA
yorably than where cut by the original
crosscut. The drift north on the Hardy
vein, 22O0 level. has been extended los
feet. and il now in vein material giving
low ass,ys. The south drift on the same
vein is sl-o In = vein formation, its face
10 Feet from the main drift east. The
drift north in the Hardy vein, $500
level. is in Ito feet. and is also passing
through low.grade quartz. The joint
Mexican crosscut east, same level, is 5S
feet in length and passing through q
heavy vein formation carrying some
quartz and looking well. The main
north drift, $500 level, Is 1872 feet in
length and is in u soft vein material
carrying some water. 1t requires careful
timbenng. The east drift, same level,
il SO feet from the incline and in bard,
blasting porphyry. The incline has
reached . depth OF 80 feet, on the slope,
below the $500 level, and is in fine.
looking vein material carrying consider.
able quartz and showing some water.
CALIFORNIA;.
From . point in the north lateral drift
800 feet north Of crosscut No. l. 500
level, a crosscut has been started west to
explore the vein lying in that direction.
| The intention is to push it to the west
wall Of the ledge. 1t will be known AZ
crosseut No. 2. Crosscutting west on
the 1900 level to explore the ground east
| VI the old Slopes is making good head.
way through vein material; total length
| OF the crosscut, 70 feet. The crosscni
east on the 2l00 level, to find the o's
vein encountered on the 1000 level. con-
tinues in streaks Of ore giving fair assays,
For joint Con. Virginia crosscut. 22oC
level, see report OF that mine. On th,
$500 level the main lateral drift south
from the Ophir line has entered a veir
formation carrying some quartz; totaI
length Of drift, l55 feet.
Union Consolidated.
The projected winze from q point in
the east drift on the ai00 level. 32i feel
from the Union shalt, was commenced
yesterday afternoon, tho drift having
been securely timbered to the station
and the station completed. 1t will bt
sunk rapidly to the 2400 level. Th,
main east drift from the Union shaft or
this level have been connected with the
southeast drift. and the southeast drift
10 being continued or through the same
heavy vein formation heretofore noticed
total length. ITO feet. The slopes CON
tinus their usual yield.
Justice.
The main lateral drift south and eas'
ON the 1850 level has been extended 55C
feet from, the Alta line and continues te
scalp the ledge and show spots OF ore,
The southwest drift on the same level Ii
being run to get under the promising
formation on the level above. which !,
some distance ahead. but 1t is already
encountsring clay. porphyry and quart,
containing some ore. Crosscut No.
west, same level. Is cutting vein Por'
phyry, streaksd with quartz, giving low
aaaaya-