Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1881-09-11

Will . Regular Market Result or Other
wise!

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struck in the north end and it is To-
Gated in the joint Wine Of Sierra Ne
vada and Union. The reaching of ore
at that point was evidently an acct
dent. It is described as very rich and
sinking has begun un it. The ques-
ton now arises w ill the market con-
tinue to boom after the short interests
have been filed or will it sag back
again. The sales were very large in
the two stocks yesterday and the stock
must have come from the insiders as the
outsiders would not sell if they wanted to
lift the market. The strike was made
a little too early and will probably be
frowned down by the leading manir-
ulators. On the other hand, everything
shows that something is looming up
very large in the near future. All of the
old abandoned mills on the river and in
Gold Hill are being overhauled and
put in shape for business. Immense
wood contracts have been made by the
Bonanza firm and preparations have
been made to prospect in every mine
from Utah to the Imperial. The biggest
body of ore ever developed on the Com
stock lies in the bowels CT the north end
and when it is opened up a bonanza in
Con. Virginia and Gould & Curry will
also be developed. If these things do
not happen then the observations of
miners who have worked for years on
the ledge go for nothing.
The Gold Hill News thinks that there
was big rush to get the stock on ac-
count of wild rumors and says:
All that could have possibly given
rise to the report of rich body of ore
in the Sierra Nevada is the fact that |
the joint Sierra Nevada and Union Con- |
solidated Wine ian into 4 stringer of |
ore about fifteen feet below the 200 |
level. 1t amounts to nothing greater |
than a dozen or more like stEingers |
In the same Wine from |
the 24OO level down. Men who are
posted believe the stock will be selling |
for less 4 week hence than it was last |
Senator Fair has frequently said he
he had valuable mine in
Sierra Nevada, and ne still thinks so.
He is disguised, however, at the wild
on the street at present, and is
on the subject of the last |
stringer of ore found. He says: "Should
say we have ore, there are persons
who would swear it was not so; and
should I say we have no ore, another
set would declare it was untrue; there
fore shall say nothing one way or an
other"
The Chronicle says: The reports of
4 strike in the Sierra Nevada and Un
ion Con. mines which were started
morning have gained gen.
eral credence> and to-day the feeling
in mining and stock circles is hopeful,
not to say jubilant.
Superintendent Fair to-day informed
l Chronicle reporter that the Sierra Ne
vada north drift "has been showing
some improvement for the past two
lays" He said he did not want to put
t too strong. In the bottom of the
Union-Sierra Nevada Wine, he says, |
some stringers of ore have been en-
,Ountered. He is nOn-committal with !,
'egard to the value Of these develop
nents.
1t is asserted by one who ought to
Know that ore taken from the bottom
# this Wine this morning gave low :
Essays in gold. The ore is base, the .
,ase metal being iron.
The F6Ottight says: -.s. e
Great excitement has prevailed in T
own ever since the reported strike in
Sierra Nevada yesterday. To-day the i
treets have been crowded with anx- |
ous and excited men talking over the T
Possibilities of "A rich ore body having h
cen found. The reticence of Col. Fair, T
rhen asked for information, lends adj t
itional mystery to the situation. It's t,
20 bad that he won't unboscm himself \
} his ssotficial organs" We find that O
veryone gives US the credit for hav- D
lg stood by the north end and insisting n
pom the existance of an ore body there. u
hey believe with us that big devel- o
pment can be made. We koU it can! a
We have had information for long {
me of what there Is in Sierra Nevada
rs not necessary to state that Col.
air is not our informant), and we state Ii
ow as we have for the past days, that il