New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-22
TnIRn CALI--2:3O P. "
"a San raneiseO qol10ne. feeeiAed. be- ma Pags

| 4DO...-.. 25O lOO.-.... 40
For san Francisco Quotations rreeefaed zoe rum Page
| In a recent report received from. Mr. Harker
| superintendent OF the Lcadville Mining Company
| he states that when the new management TOOK
%as IN d fnf and had on hand
| worth only $3.50; that the supplies were eX
| hausted, and there were none on hand for The
coming year; and that the ore reserves
he'd generally been cleaned out. He also
reports that the old management borrowed
money from banks in Colorado TO pay
the last dividend, for part Of which the notes OF
the company were given. When the new board OF
directors took charge, and were called npOn Tor a
statement. according to the laws Of this State,
to be publIshei to the condition of the cOui-
pany, Mr.. Gill. the late president, stated
that the company did not owe over $4,000.
At that very time, "a appears from
Mr. Harkcl s rrDorts. the company, was overlrawn
at one bank $13, 500. These Mr. HarkcT states as
reasons why hc has not been able t" produce enough
ore to pay dividends. Under the new management
the ore taken out has largely TO pay o the old
indebtedness 10 purchase supplies for the year. aud TO
put the mine generally IN order. Latest Reports
state that the NINE is nOw IN good cOrdltlon,
with large ore bodies exposed IN several of the
levels and in the main incline, and that thc mine
ent Dividends will probably be resumed at an
The Colorado Prince Gold Mining Co. has com
peted its organization by the election Of the fol-
lowing officers; President, s. W. Dors.y: vice.
president \. arrange; secTctarY, 1, W. Iotrey
trustees: Jose +. Navarro II. G.. Dickinson. $. W.
Daniel E. Scannell, john II. Fiagg, john Baird
John F AlexandeTs VILLAIN iohip: James CiyEc
ted favorab,y upon this proper v.
The superintendent Of the Great Eastern reports
under date of April II, thar true assure VEN had
been cut ,at depth Of 10 feet IN the " New
Discovery" shaft on the Flora Belle clasfS
Thirty-fye feet of crosscufting each way
on the ledge had fard To determine tho
90 tons OF ore daily, averaging IS per ton. tuu-
mel had been started from Ilddeu Treasure Gulcu,
with viow Of cutting the orc body 100 feet below
the present workings.
Tic superintendent % The Trinity Hydraulic Gold
Mining Company. Cali tClc2rdphs under date Ot April
20 that the cnnpiny'5 InnI would he in operation
about MAY .. Continuous stormy weather had de
layed work of erection. Work OIL the miGo was
going on faVOrably,
. Inc superntcHdent VI the Soufh MONDAY re-
ports under date Of April II that the north drift
on the l50-foot level was IN 81 feet, the face look
ing well, and the vein being more than the full
width of the drift The quality Of the ore was
steadily improving. The wInze from the Forth
drift was down 20 feet, the bottom ono being Of q
better quality than any yet found in the drift.
Latest advices from the superintendent Of tho
Dahlonega Georgia, are TO the effect that rich ore
had been struck In the open cut several pans az
mill was to have been started April 10.
The superintendent of the Robinson COnsolida ted
reports that he has recently made some important
discoveries of rich ore III that mine.
The superintendent of the R0pDahannOck re-
ports that the main shaft is down and tInbcrcd 100
feet. The north drift on the second level was IN
to De commenced III a few d. vs. The vein was ay-
eragng2 feet free milling ore, and assayiug $40 to
SO per ton. Some 400 tons of ore were ON the
dumps, the present daily output being about ten
tons A ten stamp mill was to be started sometime
in May The cOmplny expect to begin paying
quarterly dividends August next.
lie superintendent OF the South BulweT reports
under date of April II that the east crosscut on the
650foot level was i'll 80 feet. The vein matter still
continued rs last reported. The west crescent on
the 500-oOt level was in Oh feet the face being in
favorable formation.
Mr.. Alexander Shaler president of the Black Hills
Placer Mining Company, starts for California Sat-
urday next where lie intends to spend several
weeks in visiting the different placer mines of the
State.
Owing to defective Organization the Wabash
Consolidated Mining Company has been re-incOr-
porated uuder the laws of New-YOrl under the name
OF the Wabash Mining and Smelling Company with
a capital of ~, 900 900 in 100000 shares of $40
each. New stock will he exchanged for tie old on
the basis or two and ole half shares new for one
The Miner Boy Mining Company, organized under
the laws OF Colorado. has isaned iLs prospectus |
The capital is 100000. in 100000 shares of $40
President f. NJ. Adams vice-prcsdent, G. r. |
Farley; treasurer, II. d. Moore secretary, L. p |
G. afDfn'e Earay 1 W@. DUNLAP aIs A1a%i
G. W. Br5tton, i. II. IClymer W up |
Sehell. A, A. Mcleod, and G. K. Fisher !
deplIia gentlemen. The company owns tine Miner
Boy mine on Breeze Hill, Leadvie, which contains
two well,deined veins one carrying silver and the
other rich in gold. The mine is well dcveluped by |
three shafts 1G1, 100 and 200 feet deep respec- |
lively, with numerous drifts aud levels, |
being run to tap one of the shafts |
at depth of 160 feet, thus afTOrdg an outlet for
orc to the mill which the company proposes 10 erect
near tho mouth Of th' tunnel. Estimates nix the |
value of the ore above the 200-fOOt level nj over
5000, 900. After the stamp-mI erected the com
pany expect to be able to pay $50. 900 monthly div
dends.
Referring to the litigation concerning the Bull
Domingo Nine, The Ledduille 1iHtS of The 18th INST.
says;
Tho Of g. c. shae6er. against =. W. Dorsey ct al
heard before Judge HaletT, IN Chambers on Mon.
day AZ app catiOn for injunction aEamst the DE.
endaHts and the appointment of receiver for The B-
Domingo mine. The motion presented upoa the l.
complaint and ada Wits In suppOrt tbereo' the defend
mis- having inter pOsed n demurrer tho comuainr
fhe ruling OF the Court decisive SO far al re.
yards granting Injunction or the appOn tHeut of
receiver and deendanes demurrer also oyerru ed
rhe case out Of she holding by sehaeeF Of CERTAIN
bonds for the sale OF the Domingo and JOhDne RuII
niues, which expired BY limitation the Doth day Of
October last On the Gath he claims that by and
through his agent In HeWY6Ek be negotiated enle of
he properly TO defendant, Dorsey The oWnArs al the
nine refused 10 convey under the Dorsey CONTRACT but
egetiated tho sale directly with Dorsey aud others
rhe suit is brought 20 recover comnasOas claimed
chaeer for having made the sale, and he seeks 60 en-
orce his claim against the mine by proceeding in
,quity % establish hea a. aRalnst the property.
The following telegram has been received from |
he lF0n Silver Bottom Of Iron incline Is i'm