New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-12-20
CLOSING PRICES or CALIFORNIA STOCKS
SAN FRAScIsco. Saturday. Dee. 10. 49,
lBy TELEGRAPH TO THE TRIBUNE

san FrA~ CISCO, Dee. 1S.-In consequence of the
break IN Alta the market was depressed to-day.
Even the pest friends of the Cooks openly denonnce
them as beng worse than mgbWaymen he low
est priCe TODAY was ~ 80. The victims were I'M
ab 10 hnd either of the managers here. ARCHIE
Borland addressed the crowd IN front of the Stock
Exchange on Pne-st., tins afternoon concerning
the movement III the stock tie SAID he had bought
, 900 shares through the advice OF one OF the nah-
ayers ut prices ranging from 81 so 70 %l5. He
CLAIMED 10 be holding them yet, and threatened to
follow 10 the grave the OrlglnatOrs Of the scheme
Myers. president of the Alta Company, spoke and
SAID that he should call meeting OF the trustees
on Monday and resign speeches were made by
other equally md gnant Yctlms
/. NJ. Taylor arrived from the state Line mines
to-doy Preparations for working the mines on an
extc siye scale advancing slowly at present
owing TO heavy storms interfering with frelghting
teams. Two 4O-stainp mills are In transit besides
several miles of water-pIpe. A large quantity of
lumber Is being kiln-dred at Carson IN order to
Colonel f. r. Eyege has Just returned from Ari-
IONA having contracted for himself and others TO
purchase eleven mines IN The Patagonia District. Tie
thinks very tayorably. OF the territory.
Contention to-day declared an extra dividend of
10 cents per share, payable December 20
Sincethe change in the management of the Min
ing Trust Company some anxiety has been lett
among the members of tho American Mining Stock
Exchange regarding the course when the Trust
Company would pursue wlth reference to the min
ing business generally and The Exchange III partic-
ular. IL Is too soon yet 10 outline tne plans OF the
new officers and trustees but IS intended that the
original plans 80 tar a. they were practicable ard
iudicIOus, shall be carried out. The announcement
which will be made 10 the American Exchange
to-day by authority of the Trust Company,
that 1t will grant loans IN future TO all
members in good standing, upon approved cOllat-
erals, that fayoritlsm wi;be shown, and tina the
members OF the Exchange VIII have the preference
In the matter OF loans VIII 20 far toward restoring
the friendly feelings which existed az tue b.ginung
of the enterprise. 1t s also intended by the Trust
Company that the Exchange shall be allowed
representation IN the Board of Trustees as soon as
the necessary arrangements can be made.
ChrysOlIte shipped furty-wo tons on Friday.
Bullion valued ut $50, oOJ 62 was rtceived IN this
city from the mines on Saturday making total for
the week o. &iJ336l ~.
The total recorded sal for the past week at both
Mining Exchanges III this city amounted TO 73f.2Ol
shares.
The Blrbee and Walker Company received bar
bullion on Saturday valued at -. 175 3D.
The tiavcry Mining Exchange IS another institu-
ton haying for IT'S object the announcement OF
legitimate mining enterprises which has recently
opened It's doors Co the NeW-lOrk public. The I'M
drrtaking is under the drcctiou OF the well-knOwu
theatrical mahaHGrJ >. II. haVeTly, VINO mas estaD-
lished similar exchanges IN Chicago and Boston,
where they have been notably successful.
The exchange IN this city Is now Offering 10000
shares OF the preferred capital stock OF
the Haverly Colleen Group Mining Com-
pany. The company now has in operation a
2Ostalap MIL which, IL Is estimated, will turn cut
bullion sufficient To pay all mining and milling cx-
penses as well as the per cent guaranteed on tina
preferred stock Trustworthy engineers estimate
that from the great ore bodies exposed in the COM
pany's mines an output shorty he made sui-
Gent 10 keep 200 stamps IN operation. For tho
purpose OF fully equlpplng the NINE and increasing
the output to upward OF 200 tons per day additional
funds are required Ihe preferred stock only is TO
be placed upon the market at present.
The Prospectus of the Ca,sklll Mining Company
has just been received. The property consists Of
two locations proper, VIZ: the Revenue and the
Tinas. situated in Iuscarora District, Nevada. en-
bracing an area OF over twenty-three acres The