Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1876-04-20
MINING INTELLIGENCE.
Local and General News Relative
to the Mining Interest.

has declared dividend of fifty cents
to the share, aggregating the sum of
$4,000.
The Humboldt Mill and Mining
Company shipped to San Francisco
last week one bar of bullion of the
assessed value of Sl,3S9.29.
Albert Mack has sold the Co
manche mine and mill at Benton,
Mono county, California, to some
San Francisco sharps for 100000.
1t is thought the Manhattan Min
ing Company will soon resume divi
dends, as they have recently been
producing large quantities of bull
lion.
The Comanche Mill and Mining
Company was Incorporated in San
Francisco Tuesday. Object, to carry
on mining and milling operations in
Nevada.
The Richmond Company shipped
this morning by Wells, Fargo & Co.
six bars of refined bullion, valued
at 1886. co. The Eureka Sentinel,
April 18th.
The news from Peavine is better.
Two bars of bullion were received
Tuesday OF the value of 81, 200, the
result of the run from Thursday to
Saturday last.
The stockholders of the Hale &
Norcross Mining Company have de-
cided to increase the capital stock
from S3,200,000, in 10000 shares, to
ll,200,000, in 10000 shares.
Mr.. Fryer has been very success
full in working the rebellious ores of
Peavine district, and says they are
not base metal ores. On the CON
trary, what he worked yielded bull
lion $40 fine.
By stage of the 18th from Phoebe
eight bars of bullion from the Ray
mond & Ely mine were received at
the express office in this place, valued
ut plO,O iCy VIII oC pPOh
to San Francisco.
The Jersey Mining Company ship
ped from Battle Mountain last week
656 bars of bullion, valued at SILL
o0o, to their Secretary in san Fran
cisco. 1t was the first shipment, and
does well for starter.
An assessment of twenty five cents
per share has been levied by the
Columbia Mining Company, and ten
cents per share by the Reliance Min
ing Company, both delinquent on
the 10Th of May next.
At the 6OO-foot level of the Bow
man Incline Manhattan Company a
large body of high grade ore has re-
Gently been struck in the Panamint
ledge. Extraction of ore from this
new bonanza has just been COM
meuced.
The San Bernardino Times men,
tions the arrival of wagon load OF
silver ore from Arizona - 5000
pounds, worth $4,000. The ore
was taken from the celebra ted Peck
mine, situated about thirty miles
from Prescott.
A letter from the Gila of April Sth
says: Cross cut in bottom of shaft
still in lime; l40-foot level in quartz;
200 foot level in porphyry, and in
the winze, after passing through
about twelve feet OF porphyry, we
are in quartz again. No other change
OF importance.
A few Leopard stockholders, rep
resenting $4,000 shares out of $4,000,
met in san Francisco the other day,
to investigate what they supposed to
be frauds; but it turned out that
they We're persons who had bought
stock at high figures, and got
''sinched." Thus the "squeal "
Official letter of April 9th says of
the Adams Hill mine: We continue
to find ore in paying quantities in
sinking the Wine below the 100 foot
level, north drift. We also have
some ore in the bottom OF the shaft,
but only in small quantities as yet.
Official letter dated April 5th says
of the Tybo Consolidated: l have
been compelled to shut down the
furnace for want of coal; we viii!
start up soon and have all the fue |
we need. Balance of shipment, four
tons, assayed $751; We have made
the usual progress in the shaft and
lower workings.
The Virginia City Coal Company
have sunk their main shaft into a
formation of soapstone, sandstone
and indurated clay, in which are
found bits of charcoal and the re-
mains of the branches of trees. II
is expected that when the shaft shall
have passed through this formation
a good vein of ore will be found.
The Sonoma Democrat, in speak
ing of the "Oakland quicksilver
mine, in that county, says: 1T av-
erages about ten TASKS per day
Since last January $50 TASKS have
been shipped at Litton Station, and
there are 200 TASKS at the mine ready
to come for shipment, besides which
there is a large amount of quicksil
yer at the mine ready to be put into
TASKS"
j. II. Alchoran, lately returned
from Austin, gives the following in.
formation regarding the mines, etc.
There are about 500 men employed
iu the min es and at the mills at Aus
tin. The Manhattan mill contains
twenty stamps weighing 1000 each,
and dropping ninety times per min
utes. The mill crushes dry, and av-
erages from % to 20 tons per day.
The ore is then put through Stede-