New-York tribune., 1880-10-02
THIRD CALL Z. A.
ley TELEGRAPH TO TIE TRrBUSE.l !


SAN FRAxCIsCo, Oct. 1.-The steady Improvement
in Southern Arizona mines as depth Is attained Is
inducing a large number OF Haniornia ,i as as
well as Eastern capitalists TO visit them with
the intention OF making permanent investments III
that locality A party of Newf Workers, consisting
of Judge Schev and other directors OF the Alta
mine of Harshaw District left here yesterday, ac-
companied by b. Is. Minor, to examine tins
aud o:her properties An ollG,n, Tamhstoee eI
SAYS that in the north drift on the 2l2 leve.
$50 feet North of the shaft a vein three feet vide
$3.50 per ton. On Monday last 1t wdened 10 four
| feet, with average assays OF 81 l72. The market
| here to-day for Comstocks has been heavy with
hight Transactions. Bullion was qdOted to-day as-
| sessment 81 delinquent.
SAIL LhKr, Utah, Oct 1.-The bullion weld for
the week ended Yesterday was as follow Two bars
twentv-four bars Ontario, S35,3s9 90; total
| S45.6l5 ~. Base bullion cars Horn SILVER
| 500 800; 20 cars Germania, 3 cars Morgan, car
Brooks, s cars Frisco and four rehued bars Stor-
mont; value. %55.2G0.
Bullion receipts in New-York yesterday from the
| The following III reference to the Shanghnessy-
Ontario >nit is from The Salt Lake Tribune If Sep
| tember %:
the Henrietta ana Ontario have been setied. By the
con. .romi-e Colonel shauGhnessy Is SAID 10 receive
! oIganz Il to own the Henrietta Great Eastern.
! Unlo, Tunnel and Banner properties.
| Ex-Governor A. p. X. Stafford, of Arizona. re-
;urned 10 the ely yesterday, after an absence OF
nearly three s during watch time he has v-itc
all the principal mining districts Of Arlzona as vel
| AZ many of tho mines of California and Nevada A
| reporter Of TIE Tribune called at the Uoyrrnors
| cfice and found nun quite wiling 20 talk although
! hardl, recovered from recent attack Of nalar'al
fever The following Is a summary OF the lnlcrVieW
After the war; IN consequence OF the hostliteS ol the
| Indians aud hI-h transportation 1t seemed impos-
sible to start INNING enterprises IN Alzoua win ay
| success until the approach of the Southern Pacific
| Raliroad which has now been cOmplcted tHTough
| the Territory and already extended through New
! Mexico, with far prospect OF connecting
| with the Atch,son Topeka and Santa F6 Road 10y
| the 1st OF January. Taking courage from the sub
jugaton the Indians and the facilities for trans
portatIon. about three years ago caplta again he
gan TO sch investment Ill Arizona, with "a result
+ that has been entirely satisfactory 10 Investors
and OF great advantage to the Territory The popu-
atom has increased 10 abont 4O,OOO people, ana Is
rapidly increasing. Tie capital so TAR Ihvestd III
thr county has been derived mainly from the East
and the investments have proved rruiu- %
| nerative and satisfactory, Already large
| nunb Der of companies arc paying dividends
| and many more will commence as soon
as the requisite machinery is pu III active operation
! The mos, noted at tie present time IS tue Tomb
stone District, Which Is located III The SOU heaSteri
portion OF Arizona, about thirty miles & north t OF
covered two years last March, and the localors.
instead of cndeavorine to sell their mines invited
capitalists to associate with them and assist IN
| developing thoin. The result has proved
n"d s iaSSf Hf'e T%G 20 s Gfis
one of the first locations ~ paying $75, 600 per
mouth dividends with large reserves and large
reserve In tie treasury. The company expects to
iucrease the dvdcrds TO 81 per share ny tn lst OF
! January. Tie Tombstone Company ispayihg SbO,0VJ
rer mOnt th dividends under equally favorable con-
| duions. The Grand Central is erecting large mill.
| and will soon become dividend paying mine. lhc
| Head Centre IN now proven 10 be very
| valuable properly, and the company contcni-
! pate eroctIng machinery that will place
tLat upon dividend paving bass. there are many
| Other deserving properties III this district That
| are beng prudently and property developed, and
which will ,oOn yield large returns 10 Tie owners.
A PROSPEROUS town HIS been bnili, having already
about i, ,010 InhaitaHts, aud Is rapidly Improving.
! II IL anticipated that within year til"
! town Will contain ut least 1900 people. The
IlaIsiIaw Company, Ia the Il1Ishaw District. have \
! twenty y-stamp mil in fun operation, and tho
| property has increased value at least
twenty-soll its cost. Many other valuable prop
critics IN Tins district under rapid progress Of
| development la the Mile Pass district several
| Eastern companies arc engaged developing copper
and silver mines. with prosperous prospects
| before them. aud the same may be said Ol tne
| mines in tho Dragon district. In addition,
there is large number Of new dis
tricts that have within the past year been DIS
covered and giving fine promise of success
and II the same community of interest is carried
out between the locator and the capitalist that las
been adopted III the otbor districts, no doubt
valuable properties will be developed.
On nay Way back ] travelled through Nevada