New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-30
Try TELEGRAPH TO THE TRIBUNE.

SAN FRANCISCo, Aug. 2S.-The market for Conn
stocks closed weak to-day IN the absence of exciting
reports concerning early develoDmens IN Union
crosscuts the $500 level. Virginia CORE
snondcnts say it will take ten days 10 reach the
point desired for proof of value of Union. Cande-
lara stocks are in better demand. NJ. Taylor,
inning expert, arrived YESTERDAY, and VIII leave
for Arizona and Mexico on Monday, TO inspect
mines for General Ewing. Private letters from the
superintendent of Contention 10 Dean, large
owner, are OF the most 6atterIng character
VIRGINIA, New. Aug. 2S.-Oihclal mlDlng state
menis tnis Ovelng contain the following points:
In Sierra Nevaa he GrIft south IN the ore VEN cns
by crosscnt No. ., on tue 300 level and 10 pros
prct crOs>cut No. l. 100 eet further SOUTH, Is ID
II feet aud still III ore. union statement Is unfn-
portant as the cTosscuts are not Yet 10 the ore
body California has raised during tie week 9lg
tons Of ore assayng S29 81 per Ion Consequence a 10
ton and has shipped SJ6.443 80 IN bullion.
LFADvILLs, Col. Aug 2s.-Ihree new drifts
north from Roberts shaft III The ChIysohte are ali
started i'll iron ore. All are still IN ore and the
showing is great. The mine locks beier than fof
months past. Further development Will be required
10 prove the extent of the ore body, but IL seems
certain that the mine has an0 her bonanza.
SLvtRCLIFF. Col, Aug. 2S.-Wire gold was iound
in generous quantities lmbedded IN gaena Ia the
Dirego mine yesterday. some OF The wire was as
large as knittngneedlc. lhls 10 TIE lrsJ instance
known To orr Oldest miners OF gold being found I'D
galena. Considerable excitement prevails over
the discovery Tee Bu-Domingo concentrates
started to-day. 1t Is the most compete
piece of machinery of the kind III the state lhere
are 5000 tons of on the dump ready for treat
ment. he Plata Verde ConpanEs mili VIII 90
ready to start up about the LIST Oi September. lho
Racine Boy producing bettrr ore to-day IMAM was
ever taken out before. The ore taken from tpe
1O0-foOt snatt Is IN appearance exactly the same
the high-grade ore Oh the ComstocA.
The officers and members of the American Mining
Stock Exchange and also the Mining trust ooI,
pauy are unanimous IN their denIals of the recently
published statement that u large proportion vi the
transactions on that Exchange on FRIDAY were
"wrshedD sales They say that every sale IL re-
onr.t. md tnlf IN
the Mining Trust Company Is such ttat ncItioas
transactions cannot fal OF detection. Inc D0oAs
of the Exchange are open 70 ihspec as are ms
OF the Clearing House. and ibcse show the absolute
falsity of the statement. The records SHOW lnas
the safes of one broker alone amounted TO alnos'
one-half of the business done IN Anne on Friday
Rn,ion valued at S63. 62l 10 was received III tins
civ ON Saturday from the mines ~.
Chry solte shipped 80 tons to the sneters on ri''
Red Elephant shipped 70 tons to the Stevens Con;
centrating Works on "Wednesday, lnuisday anu
Friday ,,..
claim OF the Climax mine, the counsel or tue eon-
pany Mr.. {. >. thomas, SAYS: The nTst apphea-
ton by Eos, ct al. for injunction TO RESTRAIN 'no
company from working the Montana was made On
January 10 tie argument TO be heard on the |ls''
Ou the Dist Foss ct al. failed to appear. ana oe
fault WIS taken against them. GA the 2jd oil 1uy
second notice was served on the 'o'np"" not,ce
complaiuants counsel went 10 Judge iialle.t, apa
one nom before his departure ior the base We
which has the force of injunction pending tno
hearing. We have teleRrapDed everywhere ~.
Judge Ha.letps address, but IN valn Had we pcea
heard, the order would not have been grauteu. 40
the case is overwhelmingly IN our favor. ',n ur
the order WIS granted no less tban iv a
offers OF compromise have been made 10 anJ
rejected by the company. The STOCKHOLDERS noe n.
have no tears of the result soon as the n at..
can be properly placed before Judge Haliclt WIZ
expec ed to return TO Colorado by Tie lst VI 'op
trmner." ,,.,uv
An assay made by the French Smelling company,
of Golden Guy, Colorado August II. oil ore III" ,ha
the northeast 0riit of the second level itoln w.
Bush shaft Of the Maytower mine. gave oun'''
gold 2 1877 ounces SILVER and 20 per cent copper.
Tho Silver Cih Mining Company Slgneu ~ ~,
tract Oh SATURDAY tor the erection oi new I'M III
their MINES IN Custer County, Col. ne nl,h cc e..
cost 81 10 600 aud Is To be completed whni" h n
mout,.s. aud dividends Will probably begin q sn0'
time thereafter. .. .ho Gil.
Satisfactory dey eopments are making VI .ne ga
YER Nugget In tie north drift on the oV-lo oV
level another ledge mas ne m lron he nor
ana indications POM t. large ore Coay III tns;
rection An Increase of the bullion snipme"'S
prnm,sed by the superintendent. IL.
The Original Key stone lNevadal Is now pnseH'"s
DEVELOPMENT, VITA full force OF men iue ill., s,
of water has been reduced Ia LOO ga'ions IN in
hour. aud With tho new pump, winch WIN =" 80
place about September l, II Is expected ' n v" 80
rout roi ui the water will he maintained Inc no"