New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-02

The following crcnlar va- last evening s,uf :,
TIE u"wlv-r ctrd mrmh.is OF Tee American Gi'inne
! stock LAchangr
NiwYonN. Aprn !. 1~~o.
You arc h9rc"y roi.lri tai NJ, Gnu Of ti-e'rtes
b head "h Wcinrs'aJ. pa :. $50 q, Room H. II.
lir"ad"nv. - L. a.. Tor '.snnn iii"n lou arr respect
ic 4it "n, 80 dues "i o. ,it "l 90 raT'.r 'n"r
| IL th' meeting j.. W. LtA'Iii, ~rrr.t.ifl.
4 letter Gated March 80. from a." superintendent
Of the Annie 'ay~: "" uaN' MS ao,Ly from No. /
shaft wAci ylu 1850 uurcc.; i'i.N - from trr
sec md coitacf. Sih-rqge ~ Telegram, Lay' cJi.-
tr'ncd the opinion That tr discovery b. a sccond
Tie Eass,ck Mining Comrauv have decided to
put Hp concentrating w"rI~ ~ iHtT inin" UHinr-
diai,iy. The m. IlnrTf has already h,.n nr.cird
and The nrrrs AIRY huilllug, bring erected.
There ~ new on tlc dump larg" Eu.uI;lt, al OIr
AWAITING trram'n'. "h'lc thr ore lr-rr,cs ~ ln"
mine are increasing every daV. He thIte-c0p-
parlmrnt working SHAT y hung sunk ~ the rat"
Of GA" f"ai per day. Tie pIn!oiii"n of telluride
incrcii- Is dcp o. atfa!ii"l The inno il all wri
tIuih,rrc. aud aIlfs beng rim dricrnlnc thr
81" and direction oi the Yciu. The Shalt IL
down $50 feet h.lnw the. flannel level ti,
company having sank loo feet bcluN the old work
ing al tine former owner. Ia" extent aui prr-
mancnry Oi the mine are now believed 10 bc assured
aud with Tia" concentrating works, IL - estimated
that SlOoOOo net per m"nih can hc continuously
taken from tic mine. President Brown and Wee
Pre- idcnt RYAN, are both ~ fhc milne supcrlntcnd
nR the erection OF the machinery.
The " \, COnG cOnlaCi SiT.fc ~ the Annie is about
fourtccu feet from tn Little PitfSburg line and nor
more than fifty feet below the old workings IN the
latter, winch have been cairird u the Annie line
Immediately upon ms arrival. il is expected that
superintendent Ilcrrck VIII, III connection with
other development work, 90 down 10 this ore body
The diamond drill is still Ht Nurk m the Dives and
ii Is expected to reach the Little Chief orc body
within week.
In he Little Chief. a cross-cnt east from n point
near the end OF the north DRIFT from shaft No. was
started Oh the 10Th of March. Its fare showed two
thirds sand carbrnatr and the same ore still nd
pcarcl al The north end Of the drff. The Track 10
shaft No. WAS expected to bo finished last Sa;ur-
dav. number ut drawings wcrr seat by thc man
af m f1t.A f.r YAH
nit. which gave clear idea of the ore blocks One
hundred tons were shipped on The 26.h. making
tOFal ~ 2GS1 tons io that date Tor March,
In the South NoODial work baE been going ON
steadily On the 2:id H-tal.i the north 6rlt on The
15O-oot level was in ~ feet. Tie ledge wa
feet wIdr If uIr and the wills were trur and
rcPuiar. The south drii tIc same level vas in
3G feet. The lrGgr had improved considerably, and
had feet wnl" 81 good ore with vibrations that
large body Of ore would he opened IN the south
portion. II Is believed that on tapping the ledge on
II deeper level important dsc0ycrlc' VIII ho made.
The SnnOia Consolidated (30dirl LA, purchased |
four adI0ining properties, 80 That Tie territory !
0w ned lbs the company is now l,l0OXl. 1SD f,rl !
The DRIFT run from the bottom of the dInbe com
partmc4i shaft ai depth 81 100 feet in lJ;I |
feet on Marc! %. and had encountered a VEN tIng
nearly EOiIZuUtIl the CA IN al which, had moi 'rcu
determined. The quartz from Tins VEN Ioplled ,,h
Telegram dated yesterday from the Silver ChH |
states That iilr null was stopped iOr clean up or
The ore crushed during 81" preceding Eve days. the
pulp asSlyC. 1ll2 ounces the Saving bciag rs per
Ccni.
On The 2Gil the breaking down Of ore and wostc
was l.r on the Iron silver that Tie miners were
unable 10 hoist the material. and r:nil crd to
cease work on TIE North end OF the 9th level ard ON
The new 4th level. which showed better tliau The |
lay before. Tic mInr still Looked we'll and liz. |
InTth auG main IHciiEcs were bcing pushed. Thir- !
y-nine tons were shipped on the HOh, makiup |
tOtal OF 8 tons for the mOlih Oa 'lucse!ay
here were thee feet of ere IN the - lime" in tlc
Hlae west, toward tie surface. with three feet i'm
he main tunnel ia The "T.ck." one hundred toms
we're shipped Tuesday, and 100 ions OH Wednesday.
The scuud monitor If tue CnlarcraH Mimhg Com
lany was ia i.nsltGn on March %. In lhlllre when
mining on one side drifting can be continued ON
lie other. he superintendent expected 10 clean
lp yesterday. Within the mex three months the
nmpIny expects to gcr the nnr fully Openrd and
o strike blue gravel. which is abonl 100 feet de-
ant from tac present workings. Blue .ruycl meaua
larger aurifcTOus yield.
A telegram from the superintendent Of The Biz !
'iitsbnrg received Yesterday Stated iha. the Lent
haiti Going well; the McCoTiick drift h1d !
truck q vein Ot iron, which wax con. idefrd en-. !
OuragnG. Tie rich strike in the annie IVES con.
rmed; and good body uf iron was exposed i'm the |
al tom Of the Kcenc.
The mani tunnel IN the Boulder Consolidated has
n sed No. shut. and Gu upraise wall ut once he |
aricd which Will begin IN "a throe-fO0t vein of rich
re- The ledge IN tic breast OF the tunnel looks
ell, and has every appearance of upouing n fine
Kinney or ore, The upper levels whieI are being
pencd can iur1nsh large supply of ore.
The emeltcrS IL the San XAVIER nine AriZonal.
Tned by the CalHbasas Company, iii bo rundy TO | d.
30 feet With water wtlin R'ttRn trcf OF the sur