The New York herald., 1876-07-28

MINING AND MILLING ITEMS
reputable local authority the Pacific slope holds
the following language in regard to the Consolidated
Virginia Company Though the stockholders have
received already $21 600 900 in dividends there is
mountain OF still left above the foot level
And what s below The drift from the 100 loot level
OF the Gould Curry will develop the body 200 feet
lower than the present lowest level and there s hardly
doubt that the ledge will be found to extend to
that depth as rich, II not richer than 1t IS above.
cross-cut from the lowest drift is now coming In to
connect With this winxe, and with the improved
tilaon thus secured the work of development will he
rapidly pushed. The men who know most about tho
probabilities Of supplies investing millions OF
dollars in quartz mills They must be tolcraby GER
tain that they going 10 have something for those
mills to crush for year two"
On the 10th Of August the first meeting OF the
'.Amercan Mining Board" OF this city, will be held in
the Drexe Building, and the permanent officers will be
elected Wo understand that there more than
ninety names on the roll, some OF which represent
strong California and Nevada houses who feel an in.
tercst in the movement and expect in the East
an eventual development OF speculative business In
silver gold mining such has been frequently OBJ
served on alarger scale the San Francisco boards
The Centennial Mill owned by Charles Baker Il Co..
Virginia City, is being steadily blanket and table
washings, reducing from eighteen to twenty tons Of
ton and worked up TO sixty per cent OF their as
say value
Articles Of Incorporation filed single day
by the following mining companies Tho Mariposa
Consolidated Gold Mining Company with capital OF
500 900; the Charlotte Gold and Silver Mining CON-
pany. $40, 900, and the North Prospect Mining
Company, s1o,Ooo,OO0
The Sutro Tunnel IL IN 13 500 feet Face OF header
favorable working vein The Ingersol and Bur-
leigh drills do excellent execution, and the regular
weekly advancement is from sixty to eighty feet
Upward OF u, 900 shares OF California sold at
the different Boards and informal sessions 90
day. Judge Morrison has Issued an order which per-
mts the Directors OF the Trojan Mining Company to
ceyc the assessment OF thirty cents per share
IN COLORADO TERRITORY
there are 675 stamps IN operation showing an ad-
dton since January OF 175. The Boston and Color
ado Company mskng their weekly ship ipments
of bullion. We learn from private that the
mines located the neighborhood of Central City
increasing their weekly products of milling ores, but
no particulars to be obtained from the local news
papers 1t would be we'll II the prominent mining CON-
panes In Gilpn. Char Creek and Boulder counties
would furnish the figures Of their daily or weekly pro-
ducts as do the Nevada companies
The Colorado exhibition OF ores at the NAL
attracts largo share Of notice. of the specimens
being reported contain gold and silver at the ratc Of
$780, 900 to the These OF extraordinary
parcels and not supposed to in any quantity.
The great business OF the Territory IRON its
immense bodies OF yielding IRON SIS to 500 toihe
ton the rule all the world being that the greatest
net returns are obtained from largo bodies OF medium
and low grade rather than from small and uncer
tam quantities. OF the richer grades In North Carolina
the Kings Mountain mine is reported to have earned
within q pcrlod OF six months $1,000 profit
yielding but IS so gross 10 the ton Anywhere west Of