New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-29
ALLEGED UILDCITS.
SERIOUS STATEMENTS About MINES OFFERED TO
NEw-YOEk INVESTORS.

SERIOUS STATEMENTS About MIHrs OFFERED TO
NLw-YOER IEvEsIURs.
IrEoM An OCCASIONAL coRREsroSDHSr ~ TnE TRInr'SEl
SwErTLAND, Nevada Co., Cal, April IL
Among the principal gravel mines IN his .ycin.
Gated I' IT. Sorth bloomfield. the milton Nmine .a"d
Water Company whose properties are scattered along
tho cra vel ridge between the SOUTH Gan and MIDI q
Yuba Rivers. viz. at French Corral Bchvlc. At tals
uout rId Cherokee both II the above NAMED ponies
haze CXtcl svg water rl-s ana hyCm OF canals CON
iecied with Their properties The Middle Ynbg and
kurclo Lake Water Companies Consolidated posses.
ridge, Including Lake city, Columbia MN and MuOre's
rights. Tho Esrerance COMP n.y. ana other minor
properties, located at BiIclYc, and tie American
Niue NJ s'bastoIoI, WIch Is III the last stages OF
dccadencc.
ton, basi1 Of investments az others hey either
about e&hauat'd or ency uudevelopod. 1, has beela
B.OOmfc.d aud ilion Mining ana Water Companies
nroPertlee we're ~ process OF placement on the New
ment has recently been corrected 10 S3,0O0.UO0.
~ S VI yaehc me ieoi ana a
North Bloomfield itself hes never paid, notSiiuetaud-
nc tbr heavy ou'ia, -aurr,xuttlnp - 90 n0o-tv.
pended In 10 development, under the supervision OF one
OF tnr first mining PngTcers fins cuas-M- IIgnil-
ton smith Certain physical obstacles Observation-Disclosures
proposed staten nta render this forcgous concl-
Sou. Gle L. H. Rob esq. director vi o. Nortn
Bloomfield, low or WIS recently w your c-y m thr
miele.l o. the disposal Of thoec prnmrnis which IS per
current rc0rt nr etttcd tlnugh hc agency Of the
United States Mining nyesment Company, Of No. 81
BiudGWaY, Uhr SAM SYud"1tC through which The llfc
Irgl I'm Spflng VglCy Eydlnulc Gold Cumpnuv was ar
rather w, partially, mldr the property beng stocked
a; s. 900 OOu-n 100000 shares the coup,py "a re-
cpVo $SuU,OUO, Of which 100000 has been paid md
possession gv, Il for me new COMPANY.
En- p0SsOHt, you may not be unwilling 10 have
some items regarding the spring Valley; Il
was for long time on the London mar
ket at S2OOOUOO; II is without the IAN re-
rc,arding the GCbrs Overlooking the lands % farmers
on crock through which the talin2s RIM. Tins
eyeelng leasing them 10 others Tor farming plr-
poses. Again rhc failing. overwhelmed the loves and
invaded the iGrms-n fact 80 little fall Is there That
the Grade has the fumes up of from he channel
tine past strata OF gravel above the Dod rock which
CaunOt now bc reached III qucnrc OF deficiency OF
fall. 10 taese radical detects must be added the CON
stluty Increasing expense io Il muYHl OF the
Cunbeut lnuss or mountain lava OYrYing this proTrfY
which the work advances must win rise Of the
Hill constantly increase in thickness That iuveft IN
tnis property win ever realize the disOurscn il
more than proDlematical, though I understand
since the change OF pOssseGAOn operations have
been resumed upon body Oi gravel which had herct-
fore been worked In pai only Results hcTeiTom may
DISPOSED or II very true concerning this mine that
IN Inc past about the is claims 10 consideration
we're presented TO the London market, the ccnn-upB
therefrOm hera Iced through the OF s
intervals between euCh cleRn-ups ~
To- gd that the several bricks, valued from $4,000 10
$50 900. su-msed 70 represent the aggregate OF
In re Yerada Daily Tanse,ipt OF the 20h ult. OBJ
served n statement that the Idaho Cold QuarE Nine"
ehated al Class Valley, IN this county. was in
OF sale to company OF Aew.Aork BANKER; ttA state
URtOH, published In the village where the IdahO t. s
uated. The principal owDers OF Ills mine are NJ. T.
O'COnnor, W I. and Coleman. resident 1t that place
operated since about 1868. and has ,njoYed "a de-
Eervedly hlRh reputation accOun; 0Hy Of It's Ia
trnsc ibe but Of the skill and rcOHVuy u It's manIse