New-York tribune., 1880-09-25
The bullion received in Ncw-York yesterday from
I IA mines au1our;ed a : ~. ~.}5 81


The bullion received in Ncw-York yesterday from
thr mines amounted to $50 $50 50.
The bullion product of tie mil If The Ontario silver
mine. # I ali. for thr week ending September was
SIS sG7 80, from l4j nrt ;ous. making sS7.3O2 10
in fourteen day. Ore cX ract Il from e mine dnr-
ing the week. :}27 tons, VIZ, 100 from fourth, 50
FROM tn and 1872 from SIKH .eyel. West drlit III
GOO level WAS extended % feet, making total
length GSf feet. Ore on hand III rc-hOuSes
the II IN amounted 10 i,OS3 tons.
The Red Elephant Georgetown, Col) shipped on
the eth to Golden, ID tons first class, IL tons
ord class and 22 tons concentrated ore AS
saving lSJ. | l3 aud 1877 ounces respectively per
len, from wnIch the net mill returns were over
s., 900. On the 18Th, 20th and 2lst III tons
of concentrating ore we're shipped to tho Stevens
The engineer of the Lucerne reports that in the
new shaft the orc has Improved greatly during the
sinking of the last twenty iert; aHd that Indlca-
lions are favorable for continued improvement.
ihc tunnel OF the silver Nugget IL IN I9l
feet and the superintendent expects every day TO
cut the ledge, winch he estimates viii open up from
ten TO twelve thousand ns OF ore. The main
shaft, which j. being Strengthened and tmhercd, is
now down TO the level Of the tunnel, and drifting
las been commenced north and south on the ledge.
The mill 1t is expected, will lie III running order
within thirty forty days. The north drllt IS now
in rich ore.
The superintendent of the South Bulwer reports
the nine looking more favora ie than at any
previous time. Some high grade ore was found III
small cross drift east from the main east crescent.
A good deal of CrImbling Is beng INDUCED IN by
many OF the brokers belonging to tho American
Mlgng Exchange over the recent action of the
Governing Committee IN changing the hour for the
morning call to 10 o'clock. They say that, while
1t IS true that the Board now has tie honor
of making the opening prices, the New York Mining
Exchange secures the greater portion OF the busl-
ness and that the honor Is rather an empty one.
I ne third quarterly report OF the superintendent
Of the Copper Knob Mining Company has just been
issued Development work has advanced satisiac-
torIly during the past three months and Il largo
amount OF favorable territory has been opened.
TIrst-class buildings aud other extensive suIIace
fuu "A
quantity OF ore is now OH the dump. The company
do not owe anything at the mine, the wOrkmen and
miners being paid full every week. The pay
streak in the slute III the shaft has wdcncd 10
twenty inches and grows wider rvcIy foot driven.
Tie first annual mreiingoi the stOcAhoiers Of The
Plata Verde will be held nj the company Office No.
20 Nassau-st October ~. for the purpose OF elect
ing SIX trustees for the ensuing year.
"ircscntcd to George Daly. by the employees Of
the Little Chief mnc. a token Of their esteem.
Leadv lie Col. September 10. 1880" is sad TO be
tie Inscription on gold watch. with cham attached,
recently banded over t. tho ex-supcrintendcnf.
The Boston Mining Exchange Is announced TO
open Oh Monday next Tor tho TRANSACTIONS OF busI-
ness A glcar deal Of enthusiasm Is said TO exist
among the PROMOTERS and the success of the enter
prise is confidently predicted.