Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1882-04-04
rHE nIsIxs OUTLOOK.


out the country IL wonderful, and the
year 1882 promises to be more produc-
tive Of precious metals than any year
preceding. Developments Of valuable
properties are daily being made in dis.
tricts heretofore une1plorsd or aban-
doned after mers surface work has been
done. Since tho depression on the Com
stock the miners Of Nevada have sought
other fields OF operation and their school
ing upon the great lode has peculiarly
fitted them for discovery and economical
development Of mines in other Districts.
Many have left the Comstock, not
through lack Of faith in the future Of
her mines. but from necessity. and will
hail with pleasure the heralding Of q new
era Of prosperity for Storey county by
the development Of an ore body Of sufa-
cient magnitude to place her In the posi-.
ton she has justly held. In the front
rank Of sivsr.produoins districts. That
the Comstock Is worked out. Is only be-
lisvsd BY those least familiar with the
subject Of mining. and the theory 10 cd.
vancsd by many rival districts jealous Of
her prestige. and who vish to attract
attention to themselves by destroying
confidence In her future. Since the sx.
haustion Of the north-snd bonanzas.
work has been vigorously prosecuted the
entire length Of the lode. much work has
necessarily been carried on that in itself
was not productive Of results. but which
10 necessary to the profitable extraction
Of ore bodies when found. In many Of
the mines. in addition to the dead work,
prospecting has been vigorous. and sub
stantisl encouragement has been the
gratifying result. There 10 good reason
to believe that the Comstock will not be
behind her neishbors the coming year in
her output OF ore IL the work continues.
The unfortunate flooding Of the Gold
Hill mines has retarded progress, but II
the managers elect to free them Of water
BY . combined effort. good developments
are probable. and Il Is sincerely to be
hoped that . satisfactory arrangement
can be made and the work commenced
without unnecessary delay. When the
water was encountered the prospects OF
an ere development were good. and II
the flooded mines are allowed to remain
idle. 1t will be . disaster to the whole
lode, aud ono from which II will not soon
recover, and will be IN act Of short.
sightednsss on the part OF mine man
ayers. II o sincere effort is made the
people may bs depended on. as claimed
by friends Of the mining interest. to lend
a helping hand. and there will be no
reason why prosperity should not again
visit this ones productive region.
In an able article upon the disad.
vantages under which the mining inter-
ssts Of the country have labored for
years. consequent upon the flooding Of
the Eastern markets with worthless
mining shares. and from which Il Is now
rapidly recovering through the furnish.
ing Of correct information Of the condi.
ton Of mining properties being worked,
and the elimination Of wildcats from the
stock lists. the Chicago Mining Rsristc
says:
The most casual observer must have
noticed q marked increase Of interest in
all matters connected with the develop
ment OF our vast mineral resources.
People Who have never before given the
subject moro than apsssing thought. are
now seeking information concerning the
extent and value OF the deposits OF
precious metal. and the condition OF the
mining industry. This interest has
spread outside OF the narrow circle OF
spectators or capitalists seeking invest
ment Of surplus capital. Men who never
before purchased o share Of any kind OF
stock arc readily induced to put small
sums OF money into mining operations
which bear the tokens OF real value and
conservative management. Let the light
come, let the truth be made known.