New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-04

oroered The working force OF the Alta has been
doubled: The In, Top mill Is turning ont 5000
daily. The silver klng hosting works VIII be COM
plcird and working tomorrow.
Bopif, Cal, Aug. 3.-Standard shipped 1l50 tons
of last week pulp assay, T30 43 per ton; crude
bullion. 4,432 ounces; shipped To company,
25.307 20. Bulwer Consolidated last week shipped
39l tons OF ore; average pulp assay, ia o.
During the past faY days il has been semi
officially announced that the Little Chief dividend
would be declared on the 9th instead OF on the 10th
INST. the usual time. The outside stockholders
have been unable 10 understand tins change of
front and why they are 10 be thus favored by the
new management. Various explanations have
been offered The following, given to II TRIBUNE
reporter yesterday. by one who knows the history
OF the Little Cnlcf Company Is tine latest,
but NAV no. ne any more accurate than
the others. The gentleman said Dodge,
Potter x Coz Mr.. Shaw, Mr.. Davis and Others have
a contract with FMweli.wh sold the mine, by which
they are to receive ON hall the dividends ON 4OOOO
or 30 900 shares 81 Little Chltt Stock up 10 August
10. After that time the contract expires, and
Farwell viii have the dividends on the stock
winch he OWNS. The plan Is To declare the
dividend on the 9th. and thus enable the cOmblna-
ton who now control the management, to reap the
benefit. When Manager DIy was instructed to
take out enough IA pay the dividend as Planned,
he sad he could and would do II, but only by M
lurug the mnc." There are rumOrs OF an InJunc-
lion 80 prevent the dccl ratIOn and payment OF the
dividend proposed; but they cannot be traced to
any an hentIc source.
Iriie Chef shipped 2SG tons of high grade ore
on Friday and Saturday.
The bullion receipts from the mines yesterday
Amounted 20 $40,0i3 ~.
BaIbte and Walker received $3037 yesterday.
Chrys,uc shipped 100 tons to smclteIs yesterday.
Up to July 30 the Spring Valley Hydraulic had
cleaned MP $4,000 From all indications 1t was
expected that the result would fully up to the
estimates.
receiver has been appointed for the New-Phlla-
dcphla MluiAg Company.
1he regular meeting Of the trustees OF the Annie
Company was called Tor Yesterday afternoon but Il
quorum did not respond, and the secretary was
directed to call another meeting at as early date
az II Is possible to secure n Quorum. The preSi-
dent stated that II appeared rom letters
and dispatches from the manager that the company
woud be able to declare and pay tho regular quar-
terly dividend OF 100000 that the company had
no debts except for current expenses, ana that re-
motifs showed the mine to he III excellent condition.
At a meeting OF the trustees Of the Eagle River
Consolidated Company yesterday afternoon, 1t was
decided to erect reduction works capable of treating
from forty TO fifty tons per day. President Hulburd
leaves tor the mines this evening superntend the
work.
The Bonanza Chief tunnel has reached twenty
six feet across the veiD and Is still not through 1t
carries the same rich ore IN face, root and floor.
Regarding the statement which recently appeared
ia THE TRIBUNE concerning the Chrysolite mine,
the following letter has been rec ,lVed
TO the EdItOr or The tribune.
Err, In the sta emcnt by the secretry OF the Chryso
Ina liver Alnlng Company the stockholders pub
shed IN your OF tue 20h Of July, fnd the fol-
lowing paragraph; -.