New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-06-05
SIN frlscI>to cLc>I5G F2I'L,.

~ IEkN, $50. trI a.. Ju'.' 7 jose.
Yc-t.rasr r"H''. N''.. ;' Be- -'.-
49,, asa ue.reci. Na.'a.'. ..... ..
H.. '" .......... ::.. <,n .i.Hr. g. H.
, 49,. ......... b. nariri"..i.. .r l.
W. i,.a; ...'.. ]: T.. ya~e..' - .
'..,. ''','. .. ! -.. r... d. b.
3.'... .a.. ...,,.i, III. -'1iI
G@.' ,no cn,,;.-. - a- ,n..t l..!....- o.. 80
~, !. .,o,,,., g., a., ."' 'r.''. q" 80
since IN. Aurrl,au Mining stock r. !,r- las
b come i:x.d f,.i. and hn, &C., ''h. ':r 80 80 ;
t i,n y"%y = [ ,.r o'' H. l Ing ' I
has ;p,un.'i mon d"dnI~ ..Har". 'h.
comunttcc appointed :" u'''lau" t.' oiHr'l- 81
tic Nrw.York MuinH EXCHANGE wri-d t:p'.r' O."
hc under the SPECIAL gHIrirau~'Ipn of tnr Nr|-Eulk
! stock Exchange. hr.Fr placed $50 con lnI OF az"
| attain. OF thai mining board several Of th. IN. %
prominent ami well known m"mhrro Ii ~" parent
| Exchange.
it !, sad that certain enthusiastic mrirh,, "i the
! latter Exchange have predicted thai the Amrrican
| patronage bestowed upon the N~a-lurl, Mmuc ~
change 10y the Newton Board since Oh" opening If
! The new board i particularly rriIr-nlu" ~ TINS
time, considering the apathy with Wrh ~ trans
actions were snort ne ago regarded by IN better
class Of member, OF the NcW-Iurk stock tx NANCE
aud shows th" aulmuS 90 that bOIY III
the late election Of officers. The feeling among
the members and officers of III" American Mining
Stock Exchange and the officers "i TIL Mining
Trust Company ?pp"afs to be one OF TIE utmost
confidence, and IN spite of the disposition
in certain quarters 10 speak dlApara@Iugly
Of the Exchange, 4 quiet smilc of salts
faction appears on the face Of almost every
official connected with the rev organ2l ion,
whenever the failure q! the enterprise ~ suggested
As stacdn TIM TAM NE of yesterday, the ab-
scucc from town Of Il number OF the most prnmin-
eut promoters of the new organlzI;l"n, t"gct her
with the Illness of the chairman of the Board, has
to certain extent dampcncd the feelings OF " the
boys" the floor but the old heads say:
We fully understand our business, and know
exactly what We are about. stocks pur-
chased at the old board will not hc received as
security for oans 10y any bank or trust company III
Ncw-l0rk CITY, Stocks purchased 10y its members
on the American Mining Stock Exchange are
security for loans ut the Mining
soon realize the Importance Of tins TACT. Many of
the largest transactions on the old board
are IN class OF stocks which have not
been listed upon thc American Board, and
IfoAaby never can he. lhcy of too Eprru-
latiyc Il character. Our members have not yet he
come fairly acquainted with each Other,
and az consequence, business ~ not us active
a. il would be were they better known 10
each Other or one thing the public may be-
sure that the PROMOTERS aud MANAGERS
Of this Institution FULLY understood Themselves, ami
| the wants OF the Eastern public before they
began operations. They started ont witE tnc de
termination to make the cutciprI u success, and
they intend to- carry out their purpose III spite Of
jealous OppuSitIOu."
Frty-iour bars of silver bullion, representing in
value GA 20, were received in this city Iestcr
day 10y express from the mines.
The Standard Consolidated Mining Company have
declared their regular monthly dividend OF 10 cents
per share, payable Nav - 1T tho Agency of the
Nevada Bank, No. 81 Wall-st. lrunsicr books
close OH the 9TH inst. and open the 18th.
The superintendent of tho Great Eastern (I}lack
Hills shipped yesterday to the Ncw-YOrk Office II
gold brick worth $4,000, the product OF u fifteen
days The tunnel Oh the Flora Belle claim is in
40 feet.
The superintendent of tho Dundcrbcrg Mining
Company reported, under date of May 20, that 100
tons of crushed ore were shipped from the mno
during MAY, representing in value about
$4,000 Contracts for driving the yarlous
DRIFTS and levels are soon to be rclei.
The Wine from tho third level Was in
solid ore, aud wnze from "A" level wa, carr ua
1Oinch vein of mineral CONFUSED lead, IRON and
zinc The Slopes continued to yield Wc.i. and tie
new machinery was working satisfactorily. lhc
daily output was being gradually iEcrcl-c'.
During the week ending MAY ~ Woilt IN tlI"
South Bulwer has made usual piogIc,4 The main
shaft was down 572 feet, % let below The
55O-foOt level. AS sOcn as the depth q:
675 feet is attained work WI be
resumed on the east crOsscut 65O-!oot lcyrl. Tuc
general formation at the face OF TIE Ol.It Wa
rapidly changing, and hcavy inflow oil water
seemed to Indicate nearness Ia the Miller irdpc.
The South DRIFT on the $50 foot level tD,i,-
SIX feet the ore cut being of good quality.
The superntendcut of the CrOwGlI rep ,tn: u;idrl
date Of June 2, says " We arc.mi!mG .h'u