The New York herald., 1876-07-11

MINING AND MILLING ITEMS
Although the prices oil the leading San Francisco
shares have recoded considerably, we find ground
for the decline in either tho Consolidated Virginia or
the California Company all accounts from the mines
being OF u favorable character For instance, in the
Consolidated Virginia the reports to the following
cect--The daily yield is $50 OF ore. The mine is
looking well, and, with the exception Of three four
days of unavoidable delay in making necessary repairs,
has shown no change in any respect whatever The
station at the 1,50O loot level has been completed.
The daily yield OF the California mine is 500 tons. tho
breasts the 1900 foot level looking splendidy and
yielding rich ore The breasts also being
opened the 1850 foot level preparatory to extract
ing ore. The east and west cuts on the 1000
foot level are each still IN rich material
In Opnir the daily yield is $50 tons. The breasts
both north and south the 1000 loot level show
Ing finely and promise an excellent yicd. Tne north
art on the 600 foot level is steadily advancing
ward the south line Of the Mexican tho lace in
porphyry.
In Justice the slopes extending from tho third
station down to the 600 foot level opening out finely
and promise largo yield. Thc yield Of bullion for
June will not be far from $685. 900.
In Savage the erection OF the new machinery is
getting well advanced and 1t will probably be ready
up by the Goth Of July next The old pumps
being taken out and the ones put In rapidly as
such work can be performed
In Overman the daily yield of is thirty tons.
Sinking the main shaft is making good progress Drv
ing the and south drifts the 900 foot evol is
also making good hcadway the faces of both in favor
able ledge material.
In Belchor the daily yield Is 400 of The
breasts looking well and showing littlc
change Sinking the main incline Is going steadily for
ward.
In Choar. Potosi the daily yield is 100 tons OF ore,
the average assay valuo ol which $31 per sink
ing the main incline is going ahead the rate OF two
and a-half feet per day. Tho rock In tho bottom is
quite hard
An official letter from the engineer OF the Colorado
State Company reports favorable progress in CoIax and
Lucerne mines, with prospect Of soon striking pay
In both. The small OF mineral on tho Colfax,
assaying sos to the ton gradually coming together
which considered almost infallbc sign Of the ap-
proach richer deposits At the bottom of 80 foot
shaft the Lucernc rf rate looking IMMORAL is In
sight In the John Jay mino depth Of l20 feet is at
tanned, disclosing vein is 20 inches wdo and i'm
proving in richness First class reported to
800 to 81 900 and second class SIS per ton On the
Sugar Loaf the Comstock is pronounced a mammoth
affair to width, while tho crevce OF free gold and
quartz forty feet depth $40 to $500 to tho
aThe silver shipment, of the Reduction Works at
Georgetown. from January to June II, 1875, had
coin value Of s107,3s6 81. The ST. Louis mine Is
taking prominent rank among the bullion producers
Of Gipin county. Twenty-Five stamps have been
cured at the Gregory mill Tho Colum dressing works
that been idle TOR ten days, have plentiful sup
ply of on hand and viii soon start up again. The
Bobtail Company keep their mills and ll5 stamps
employed. The Aduddcl and searle mines on Clifton
Mountain are producing silver Orc carrying somo gold
and large percentage OF lead, thn yields from $40 to
$500 per ton. Tho ore vein in the bottom Of the
Gregory mine. 725 feet Deep Is improving in size and
quality. The Monmouth Kansas mill will havo its full
complement of fftytwo stamps at work before the
close OF tho month
The following table OF prices Of the prominent gold
and silver mining shares, received by telegraph from
San Francisco, furnished by William ward Drexei
Buiding:-