Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1881-10-27

We AecAoy iett AivetPooi isss osseassy
on his return to America and that spec
ulators In the mining Boards attach
special importance 10 the fact. They
are s~ndsavorins to promote the belief
that when hs reaches homo the long.
promised bonanzas OF the Comstoek viii
be uncovered and another old time min
ine and stock boom will BE- in~ausurased
10 California and Nevada. A general
Impression prevails that valuable dis
o0vsriss OF ore have been made within
the past year or two. the existence OF
which have been carefully concealed
from public knowledge that drifts
which ran directly into rich. strong
bodies Of ore have been promptly
stopped and their faces tinbsrsd and
Jagged up 90 that the ore cannot b seen
until the powers that DO order their r.
opening. Miners who pretend to know
assert that this 10 actually the case,
especially In Sierra Nsvads' - vel y IN
the Union and 0phir mines.
When the recent excitement in the
stock and prospects Of Sierra Nevada
occurred, 10 was cited in proof OF these
assertions. yet the ore development"
did not amount to much after all. and
the excitement was built up more on the
strength Of Fair being present and per-
sonally In charge Of operations than On
any real merit. Fairs rsticsncs and
ambiguous remarks were looked upon a.
extremely significant. and although hs
did net distinctly state that he had
opened . bonanza. the ever hopeful and
sspRuins stockholders and spectators
eagerly jumped at the conclusion that
he had, and the cautious. shrsvd and
knowing ones industriously took sdvan-
tsee Of the situation to make . nice little
turn.
Fair can create Q stock excitement In
the same way whenever hs chooses. and
even the presence Of either Fair or
Macksy strengthens the market and the
hopes OF all interested. should Msckay
on his arrival publicly announce that he
was going to open up whatever OF real
merit was known or developed in the
way Of good ore discoveries and pros
poets In the Comstock. . mining and
stock excitement would undoubtedly be
the result. Yet 1t 10 also extremely pos
sibls that John Maeksy knows OF no
concealed bonanzas. or precisely whore
good ore deposits can be found. any more
than the man in the noon. Frsm the
earliest history Of the Constock. rumors
OF cohcsslsd bsnsnzas have always been
moro or less prevalent, yet never have
proved TO b founded in fact. The
mins managers have been only too aaI-
ious to open. develop and realize from
any ere deposits that could b found,
and % In the Yellow Jacket and Crown
Point. for instance. tho rich ore was
too eagerly and rapidly extracted 10
pay due attention to the safety and
security Of the mine itself. thus allowing
Of disastrous caves and loss Of ore.
But II is argued that the BONANZA
people. having got all the money they
need, are able and willing to carry on
explorations in the mines under their
charge. and when good ore developments
are made. cover them up and abide their
own time and most advantageous con-
vsnisncs In bringing them to light; that
they would not carry on these sxplora-
lions and plant oil this powerful and
snsrmously expensive machinery and
works ct the surface without knowing
positively what they had below in the
depths OF the great lode. Perhaps they
know OF concealed bonanzas somewhere
down there. Everybody here fondly
hopes they do. and as before remarked.
not . few fully believe that such really
il the case.