New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-12

The Ophir Mining Company has irYled an as
easement of 81 30 per share. and the Hillside Mining
Company an assessment of SOC. ucr share.
An adjourned meeting Oi the American Mining
Stock Exchange will be held AT 8 y. III. TODAY, N
tbe rooms of the Mining Trust Company. No 10
San Francisco Mt last realizes that NewYork has
become the centre of the mining Interests OF the
country and The ALA of that city thus refers to the
subject; -- ,,,.,.- M,
Board In New-YOrk City was proposed, The AH0 WIS
the only paper which took n serious view or the
matter. The others, through marrow -inindedness
characterized the new movement Us one OF ioly
and that san Francisco won always iDairian
have told tale which eurres out me pr9pheCe OF ne
Alta nearly four years since Already rs sew YORK with
her larger capita ana more enterprsng cltZls, Skim
ming the cream from our milk
Superintendent Palmer of the Annie, teleQraphed
April 8: Second contact improving; three feet
high grade ore; gets better every foot we drive.
Refer to nv ctterof this date to settle all debate ~
to it's being distinct ore body from first contact"
According to the Leadyille papers, there is much
Eagle River districts. Swarms OF prospectors are
now preparing for Il raid on these points.
The United States and SantO Domingo Mining
Company is a new. organization INCORPORATED In
this STATE. of which Messrs. Charles q. Fraucklyn,
Frank G. Brown, Henry Cummins William $.
Howl Charles G. Cornell and j. II. Rae are the Pre-
moters. The company have tho exclusive right to
work placer mines on oil the rivers in the northern
part of the Island Of Santo Domingo, embracing
tracts 300 miles more in length the principal
rivers and their tributaries During the years
1S7SJ79 DR.. Rae conducted an expedition fitted ont
by Mr. G. G.. Cornell. lie located about thirty miles
of fine hydraulic ground, containing an abundance of
gravel, which It Is believed will yield 40 cents per
cubic yard ut low estimate. The organization is
rather private than public, and the gentlemen in
tcrcsted have furnished $4,000 cash as n working
capital, OF which amount $4,000 were invested in
machinery and supplies, which were shipped in
February and recently landed on the Island. Dr..
Rae has charge of operations at the mines.
The HibemIa neadvlllel is now - taking out ten
tons of ore per day" which runs 400 ounces " of
The Robinson Consolidated struck ore on the 9Th
nst.in the tunnel GAO feet from the main incline and
800 feet from the mouth OF the tunnel. Twelve
tons were shipped on Thursday.
For some time past the condition of the roads ut
Leadvillc has been such as to interfere seriously
with the transportation of ore. Very little hauling
has been done on Fryer Hid so far this month
Owing 10 the hard blasting ground found in the
east dri from the new level at the Roberts shaft
Ill tae Cbrys0litc, progress mas been slow III that
mine. The ore was improving generally in all the
workings on, the 4th inst. Eneouragng reports
One hundred tons We're shipped OH Friday.
"Ihc Bessie BascOm Consolidated" is the name
of another new mining company organized TO de-
orado. The officers are Jedidiah II. Baacom, pTesi-
II. Kellogg treasurer; d. W. Bartlett, secretary.
Mr. Bascom is largely interested III the Highland
Chief Consolidation nc Leadville.
In the Lowland Chief Mine, Shaft No. is down
l3s feet and No. is down 100 feet, both being in
S5-onnee mineral. Ii is claimed that this il the
identical ore body found in the Highland Chief 10
or 90 feet lower down. Drifting will be begun to-
DAY toward tne tliRnlanu Cule1
On Saturday IN the Standard tBodiel the east
cross-cut on the 700foot level was in ledge. the
size and value of which had not yet been deter
mined. It is claimed that this is most important
discovery as the strike is 800 feet lower than any
heretofore made In the present workings this
lode.
The DAILY shaft in the Little Chief was down Io9
feet on the 4th. the entire bottom being In hard,
black iron requiring blasting. The sand ore streak
in Shaft was improving, and the winEe bottom
In reddish iron. The east drift from The Roberts
Shaft Daseed over two feet Of sand carbonate which
e Is thought may prove tho top of an ore body. The
ore in the DAILY Shaft improving on the 10th.
On that date seYeDty-tbrec tons were shipped.
Work was making progress on the north aud main