New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-21

The uncertain character Of the ore bodies e
FRI iii Lcauviiir. which was indicated in au
editorial i'm Tar TRIBUNE some months ago. j. we'll
excmpli,icd in the latest adytces from the Annie
mine II appears that the value 81 the orc las been
constantly decreasing for the last month or more,
and mat at present the coalition Of the mine *
ANYTHING but hattcIing. II Is true az there
is now Oh hand IN bank IN tHis c'ts ihe none "ith
which to pay "a dividend Of SoO,uOo, or 10 cents
nor share on thc capital stock. II Is also true that
HE - ius,aer, have long since G.sgo-cd OF their
stock, and that " the public now owns the annie
generously supposed that the delay IN de-
clarng the dividend was due 20 thr inability
Of the company & secure quorum oil iu.ie.s on
account of the absence RON town "i several oi the
gentlemen composing the Board. A. 10 now appears
There has been a sufficient number Oi Trustees ~
The city for some days past, bGt that OWING 10 tie
oh.ctions of one or Two of these gentlemen tie
dividend has not vct been declared. aud It IS now
matter of serious doubt vine ner il ever VIII b..
The reaIguaton Of vs.. ". Mcfarllnd, tre president.
wos Yesterday afternoon officially announced 10
tho company and tie public. l. ls well known
that Mr. Mcfarland the late pTosid" 81, some time
since parted with his stock, ana that ~ DONG so be
merely followed the example Of some of his prede-
cessols l. is not pleasant thing thus TO re-
fer To property who's" stock has been 80
nrou,ine,rlv before the public. AT the same time
these are undoubtedly tie facts. Ii may be that
future developments IL The Anne prJp rty viii
enable the company agan 10 pay diYldcu"', r. only
comparatively slnill pi"i it'oh OF ne properly
las beeu c,plofrl vet. For The sake # The outside
STOCK holders il j. & BE- hoped that THIS viii prove 10
lie the case. The experience OF tbe Anne. as wei
If The Little PIttsbur,, however GOES 10 prove the
wisdom of TnF TRUNKS caution concerning the
mines of Fryer Hi.
Ih, re- is ~ serious objection to dealing in some Of
the stocks listed Oh the Mining Exchanges ia thi,
citV Persons DESTROYS of Specializing il tie pin
Guol Comsiocl aud BOdie prop rlcs, whleh are now
ragu ariy called the mining bDArus, are COM
pel ed TO telegraph their orders 10 san Francisco
hecouse owing II the want OF transfer Office here.
thpy lave no proof OF tue gcnuneBcss Of STOCKS pun
chased ia New-YOrk. Among the stocks open to
M objection are the BJdir, Boston Con-
s"iiated. Bulwer, Caifornil, Consolidated Pa
GGc. Consolidated Virginia, Mono Best
and Bechcr, Eureka Con-o idaiel, Good
and" Union CoGsodatcd Ii is undoubtedly true
that fine Newly TX Mining Excbauges--lf they are
a, clailned acting IN the interest of eastern mos
-sEould insist tiat AL companies whose stock,
are listed upon .her board, should establish trans
fer mi Is m Ills city. oth.rwi.e II 10 the manifest
dnty OF thc siock-llat committees Of tbcs' stock
LnaI6s Ia order such stocks stricken from the reu-
lar let A. matters stand nov, the san tIauc.s.o
operatlycs seen, to be able 10 direct the operation,
Of tine New. York Exchanges Tor their own Interior
designs
L.aht,cn bars Of bullion. valued 1T %2I,37J 40
were received Ia this city rom Tue mines Ncsl crHy.
Horn silver Yesterday received $40 900 bulli n
The last montLlY statement ~ ito Home. take
shows that with 300 stamps. lb,JlS tom OF ole
H,.o crushed a % cost q! - " PER i.n, Including
mining. milling and oil ot.cr expenses. Toe II ss
product Waa 4l2I.Jis, aud the act prOGuc, over
$4,000.
mo following dispatc. was received from the
Huiul Yesterday Ne r"i'nu iiOAI sac sInrte.s