New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-07-21

LFADvIrLE, Col, July 20-Dispatches received
here Indicate that the absence OF Manager heyes IN
California Is being used IN NeT-1ork 10 depreSS the
stock market and as Il basis for tie circulation of
false renOrts about the ChrysOllte property. per-
sonal examination made on last saturday shows
this mine to be in fine CONDITION throughout The
system Of development being pursued is nd
mirabe ana cannot fail to produce the best
results OF course every drift is not in ore, but
tour of the various drifts and levels shows the dip
and raise OF the different ore bodies plainly. and
that when the contemplated connections arc made
the output Of ore will be large and regular; Sew
eral drifts Ia Immense bodies OF very uch sand
carbOnates. which do not require blasting.
The whole Chrysolite group was never in
finer condition. The adoption of the quarterly
dividend system will prove beneficial in every way
as allowing ample time for thorough exploration.
DEVELOPMENTS are not. as heretofore impeded by
forced production. The new shaft, remote from the
old workings, ls showing better indications daily,
and is certain 10 open large bodies of new ore
SAN FRANCisCo, Jniy 20.-At the annual election
OF the Union Consolidated Company held yesterday
the old management was continued. The yearly
report shows 500 21 on hand with offsets or over
drafts for about $685. 600 The latest assessment is
Scorpion, 10 cents.
DFADwoop. July 20-Last cleanup of Caledonia
was $4,000 for twelve days run.
Superintendent Marden. of the Chrysolite. tele-
grapEed Yesterday: Shipped seyenty-one tons 10
smelters The mine is visited daily and open to all
davn Other aGvices state that CiTysOlite is OPEN
ing some new entries under the first station Of the
Roberts, shaft. and is putting out far less ore than
is posi- bic.
Eight bars of bullion, valued at g 1866 0s were
received IN this city from the mines YESTERDAY.
BaIbee & Walker received yesterday $l,5S7 silver
bullion.
Stormont shipped Sc, 800 on Monday.
Annie shipped 80 tons of first and second class ore
valued al 50, 200 yesterday.
The Van De Water mill has started. There IS a
full supply of water at the nine.
mine, known rs the Columbia, has devel
oped a large body OF high-grade carb0nates on Long
and Derry Hill. Leadyle.
A rich find is reported near the summit Of Mos
quito Pass, Colorado. fine body of c3rbonates
worth go TO 20 ounces per ton, has been opened
within six feet of the surface.
The Burt shaft Of the MayAower is down 112 feet
below the level Of the Brighton tunnel, exposing
ledge 4l2 feet wide, constantly improving IN width
and quality. Asa IF the give $206 per ton vi
gold and silver. n6s includng assays for copper.
twenty tons, averaging T34, are beng extracted
daily from the North lflte and Yosemite. Mr.. j. Il.
Hte, owner Of the hIte mine, writes d" In
ming your tunnel you will cut the Burgoyne, Barber
and IIite veins"
The Last Chance pioneer District. Arizona) is
extracting from twenty-five to thirty tons per day.
giving an average assay Of over $3.50 per ton. The
company does not intend to construct mill until
5000 tons have been extracted.
The Gregory Group the east side Of Mount
BIoss covering area Of forty acres, aud adjOin-
ing the old Security mine from which 100000
was taken in short time, promise to be very pro-
ductive. Pipes of rich ore have been uncovered at
a depth of less than twenty feet.
During the week ending July ~, 2O2 feet were
made in the various drifts shafts and wines of the
Little Chief mine. The drift from shaft No.
along the Little Pttsburg line shows feet of gh-
grade sand carbonate. The ground in the slopes
from No shaft is working badly, crushing timbers
and causing trouble. The principal ore being
taken from this part of the mine Is from the
Old Chief workings along the carbOnferous
line. A heavy flow Of water has stopped the sink
ing of the Daily shaft. Ore shipments for the week.
642 tons OF good grade ore The usual dividend
will be earned, though there will be but a small
margin to go on. correspondent writing from
Leadville regarding the mining outlook SAYS
" Little Chief still has the lead and has large re-
serves behind"
Adyices from the Silver Nugget state that on July
q the main shaft was down 100 feet. When depth
of 100 feet Is reached crOsscut will DO run to tap
the ledge cut In the north shaft. The hosting
pushed ahead without interruption. The drifts in
the north shaft show black sulphurets and ruby
silver. Shaft No. has been discontinued on ac-
count of bad air. The first bar of bullion. valued
at 81 AGO. was received In San Francisco on Satur-
day last. Two more bars were shipped from the
mine ON the same day.