Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1905-04-08

! The comstock Now Takes the Lead
With Ophir.

The comstoek Now Takes the Lead
With ophtr.
The days Of the old mining evcite-
ment seems to have returned with
renewed life.. The, tremendous trai:
ing in the Tonopah and Comstock
shares bears witness. to. the interest
taken in the mines in this section.
OF late the southern country has
been having an inning, but the wise
ones have kept their holdings on the
Comstock and. from all indications.
are about to reach a rich harvest. For
the past few days the excitement OF
the Ophir boom has been intense. and
Just as much so in this city as else
where.
Those who are in position to know
claim that the present developments
in the Ophir is the most important
since the last Of the big bonanzas and
il the big ledge that Is now being
developed continues to hold its
strength and course the excitement
that is sure to follow will compare
with that Of the days gone by. The
recent discovery is in entirely new
ground The latest strike was follow
ed downward from the 215O level for
a depth of 100 feet. At that point
sinking was stopped and large winze
station was opened. From this sta
ton southwest and northeast drifts
are being run parallel to the ore body
It has been stated it was the inten-
ton of the management to crosscnt
into the ledge when the drifts had
reached certain distance, but recent
developments support the rumOr that
the ledge has opened out big bon
ANA. At any rate the appearance of
the market the past few days goes to
show that something Of unusual merit
has been encountered.
In this connection few words re-
gardng the history of the strike
would not be out of place. AS has
been stated before, the ledge was dis
covered on the 1850 level and follow
ed down a distance of 100 feet. At that
the ledge is said to be from six to tie
feet wide and assays Of an average
Of over $3.50 are obtained The strike
is in the territory that was formerly
flooded, and in which it is claimed nc
ore existed. But before Ophir AMI
tickle fortune have finished their little
seance all the other properties to the
north and east of the discovery will
be probably reaping like benefits
The ore body lies under the catholic
cemetry, and seems to be making in
to the territory of the Mexican, Union
and other Comstock properties and
tend to the seven-mile canyon mines
1t is entirely new ledge, in ground tina
has never been opened and everythin.
connected with the strike promises
bonanza that will again attract tht
eyes of the world to Nevada.
Yesterday the stock sold as high d
$11.5O per share and was hard to ge
at that price. The regular weekly let
ter will be published today and it /
predicted that it will be of such
character as will send the stock soa.
ing. The lucky holders Of the stoe7
in this vicinity are holding out fO
higher prices and say they will no
sell for less than s25 and their de
termination to hold out seems to b
backed by sound advice and the even
of some big operators in the marke
when the shorts begin to fill some
think is On the taps.
There is no reason why the or
should not extend downward for a COZ
siderable distance. The amount i
sight at present is sure TO yield {
least million dollars will he extracte
from Ophir and other mines. The r.
mors Of the past few days have bee
many and of all sorts. The gener.
impression seems TO be. and it is su
ported by the rapid advance in value
is that the ledge has increased in si7
and yalue as the drifts mentione
above were extnded If the reDo
proves true the scene of twenty yea
ago will be equa1ed, if not surpasse;
Meanwhile an Interested public
waiting .-.-~fCJl-.Iv- hn
ments and the h.--word is What {
Ophir?"