New-York tribune., 1880-04-08

Mr J.. j.. Eddy, who has iu,t arrived from Lead
! yI'. ycs;rr!1v expressed to TEIBt NJ. .&'porter
hIs views regarding sorr Of the mirrs IN that
camp. he i- member oi tin Grant smelling Com
lany. aud "l-' of the firm of Eddy Il james lie
thinks the continuity ol the l,rer ore hoiis is de-
TRIMMED. a'l tha Iuf'Irr drl ViOplncnts in the
| ra'.P VIII l." hr olid The expectation at
| hc most saugrinc. lie believes that tic
l.."'lvl'lc %'nr' are g'oi for many year, TO
cyrv aero of tie whole arra his been
i'@ed on' O. ,h"t%nety pr.Sp'c,"l: Mr.:
The ..Ig,si NE producer. The l. tie Cllcf .anking
ur>. lh" orr .an'iy uncovered "a lhrS, mines j, If
il- Iur diameter a> iiar 'Nl,fins IN lhc Iillc
iitt>huig. ini r',y'r lager area. and - OF ur.
known rT;cu. F.r'V'TV ton "t or" shipped hv he
Gar %" a." and lnt. hiri. tw" t"' 9"c uncovered
d"v'r'h'~ 49, h' ~ rla'lc n sf"Hn'! " here iacy
w,It l'i-f 'trd ~. inir rI1c - ia ilic rir,,'
u.c .ilui Ibtr ,ill.an no" WscontIaurIS ore
l. , aud ;h S'ri' 4 ec"ut 'o,iac, h;- ,'Itivd
guaiiI T. - N"lr. Iir lr il ,l.lpy dong urVrl-
,piuc:t v'"h a.d not iakrag ont oi" Tor the pur-
lo-c ol ADVERTISING. Ttcy arr row delivering
To .in".:rrs only about iiy ton, daily. The mex
Vrcf't ~ulf ~ connection " ifh Little ii;t~hu.g
lave mndnuLtrdlv drprrcintcd INNING stocks, but
tla; depreciation while 1t lasts viii prove bless
lng III disguisc. Let the punllc become Interested
| in uiie" Tor uvrstmrht and NOT for sperua ION
III, rely. and't her viii he little trouble. The man
ayers of the Itic lttlsbtlg have learned lesson,
and at the same time have taught the Oiircrs of
other conpan.rs lesson. and thatiS. in lime of
prosperity 10 provide for cnnt.ngenclrs; to keep
Development work ahead and not exhaust reserves.
The turn tl'ngS took was, ! think, ~ much
a genuine ,uIprsr 10 Ciialcr aud Moil.stl-rcrald-
ing who'r Honesty now have AMI never have had
Gohbl-ls 10 Inc general public The second
contact in the Anne is 6ity feet below the old
workings in the LIiio Pntshurg and close to the
llnr aud there IL no iea>On Ia believe tia the ore
body l. nO continuous. IL is pOssIble though that
thr vein r'ay he like others found at Lealyllle.
,enord c'',act after .l do no, bnl,vc howo,'or
that the geology Uf the district jIstcs the second
contact theory. We have shown our confidence in
the future by largely increasing The smelling capa
city of oar works Shipments from l}reecc IL i'll are
light, owing to the bad condition Of the roads, In
the meantime they are pling up ore"
A meeting of the members of the American Min
ing Stock Exchange held yesterday ut IL
o'clock III the looms of the Mining Trust Company
No. 1 - Broadway, for purposes of organizations
About 100 members were present. The secretary
Mr. X. W. Leavitt, introdnced Mr.. G.. W. Smiley
formerly caller of the San FranrlscO Stock and Ex-
change Board. who was elected chairman and caller
Of the new organization. At Mr. Smiicy's snggcs-
tion, the Exchange adjourned to meet subject to
the call of the chairman.
Last evening call signed by the chairman was
sent 10 the members of the Exchange for q meeting
to be held AZ 3 p. Ill., Monday. April H. Ons hun
drcii additional names, making 200 in ALL were late
last evening accepted by the committee.
The financial agent OF the California Water and
Mining Company, Auburn. tclcgraphcd yesterday
thar he accounts of the new company were opened
Tie product of the Sir Rolerck DIN mine for
twenty-cght DAYS Iun wasSl0.O27, bullion shipped.
The diamond drill began work April .. 1t is the
intention to test The veins to depth OF 500 600
feet.
A Telegram from the Alta Montana April 8, says
"TWcnty ton sncltcr running Splcndidly one DAYS
Weld 81 700" 1he superintendent is confident
tlat he can with all machinery running properly
turn ont $1,000 per day.
Smprrlntcndcnt II. G. Callahan yesterday took
possession of the Bull domingo mine. i'll place of II.
+ Jncns removed. Tho now reduction works nc
this mIne Will he started this week.
The Iron Silver hns stopped me of It's develop
mcnt work temporarily. being unable to hoist ma
trlial. )" line body Of ore has been struck in the
"StOnc mine.
The superintendent of the Big pittsburg tele-
graphcd yesterday: " Lent shaft still looking we'll
III northGrly drilt."
Manager Key es of the Little Chief, writing from
Leadye under dare Of April l. states that on that
date ORE struck in the Daily shaft at depth of
I27 feet. The ore fncng of the north dIiGt from
shaft No promises to extend easi ward. Tho total
amount of orc delivered 10 SHELTERS during the week
ending March 81 wns 721 tons, and settlements
amounted to S2S,257 80. Total settlements for
March amount to $l43,9fG.
In tho Chrysolitc on April 1, 9 cross-cut was
started west from point near the Eva OF triangle
shaft. Drifts also started i'll fine from tho
west end of the Roberts first level, The bottoms OF
shafts aud were still in iron. During tho
month Of March, &242. OIL was received for 4077
tons of sold and shipped, leaving 053 tons de-
livered, but not paid for
Mr., John r. Herrick, the new superintendent Of
tho Little Pittsburg, arrived at Leadyille yester
day and took charge OF tile mine,
The three-compartment shaft OF the Empire,
Utah. was ut last reports finished TO depth OF 400
feot whore station B2x2Ox1 had been completed.
The crossOut from the 30O-foot leyel had heeh r91
yen) that It was net thought advisable to 90 fur
thor until the pump, which was on the Ground,
could be plpced In positi0n. The pipe. which haa
been long delayed ispoF Of the mine, end tbe pump