New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-07-13

The Dudley Mining Company has levied an as
sessment of 20 cents q snare.
The bullion receipts In this city from the mines,
yesterday, amounted to S176,49O 06.
Silver Cliff shipped yesterday two bars OF fine
silver bullion weighing 27S pounds.
The Horn Silver received fine bullion yesterday
The Annie shipped on Saturday thirteen tons of
frst-class and thirteen tons OF secondclass ORE val
ued at 81, 700. -
The total bullion shipments of Barbee Walker
for the month of June were $26233. The mill
started July 2, after pans, settlers and rock break
er had been put in thorough order. ready Tor
another thirty days run.
LounsbeIry & Haggn have received 1924,
from their Black Hills mines-Homestake. Dead
olared dividend of 20 cents per share payable on
the Goth. ,.,
TnE TRIBUNE, on Saturday, published La dispatch
from Leadvllle, regarding the "Gold Hill Mining
and Smelling Company" to the effect that IT was
unworthy of confidence. The promoters of thus
scheme seem to feel r. hurt at tho exposure.
following: Regarding the attempt to float upon
the New-York market the stock Of the Gold Hill
Consolidated Mining Company OF Ten Nile district
Colorado at high capitalization, The hOkoino
Times published IN the vicinity of the mine,
says Are we to bel 6s,ie Eve tn that this
erty that is hardly worth so many cents
An investigation will be made, and if swindle is
10 be perpetraed, as at present appears, 1t Will he
exposedjD The fact that the company has changed
its name and some of Its officers has not added to
the value of the property.
A committee to report on the financial condition
of the Little Pittsburg consisting OF President Bar
NUN, Resident Director at Leadvlle; Mr.. Canda.
aud Mr. Fitzgerald. makes the following report of
the cOndGn OF Shs co"g P%a sa June fool.
supplies on hand, timber, fuel, etc, $14,O74 In
addition to the above there are thirty acres. more
or less, of mining property, composing the Little
Pittsburg, Dives, Winnemuck. Union and New
Discovery GAINS besides 1000 feet of railroad
track dwelling office, mess, stable. store, assay,
engine and shaft buildings and one saw mill eight
6 in
delivered to smelters. but not settled for. The
total product Of the had been 80. SO4 tons for
of ore on hand 1888 800; gross receipts 81 1924, 57s
expended for mining and general expenses,
s55o,o64 diyide9 Sas 81 $4,000; total 800
date of report, S24.7Sl 60"
Red Elephant shipped SIX tons assaying 81 ounces
and four tons assayng "a ounces per ton on Satur-
For the nine DAYS ending June 80 the product of
the Ontario mine $69,476. assay value. The
200 level Is being advanced to connect with the up
raise frcm the 400 level. The 600 level west has
advanced eighteen feet IN good ore, and the main
shaft is down to the 700 level, and station
started A soon as this station Is cut sinking wall
be continued for the 800 level.
The Little Chief report for the week ending July
states that top of drift No. 3 FROM shaft No.
was in high grade sand carbonate The North
carbOnates III BOTTOM All the. prospecting drifts
from shaft were IN porphyry or iron. Stopping had
been begun IN the first, second and third
north drifts from the main east crosscut Work had
been suspended shalt No. 8. The surface im-
provements at the DAILY shalt were approaching
completion and the sinking pump was running. aud
sinking was to be resumed in few DAVIS. here
was no change in the various ore faces The grade Of
ore being high IL troubled the manager To extract
the necessary quantity of ore. repairing had to
be done in tlmbering the high Slopes In No snaft
workings. The total number OF feet driven during
the week in tho various workings 800. The
ore shipments for the week were 077 tons. The
shipments on Friday and Saturday last were 1913
tons.
The drift on the 100level of the Golden Eagle is
In rich ore. The WINE Is down nearly 100 feet.
Another drift will be started at the 200 level.
Developments In the Globe district indicate that