New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-30

The following telegram from Superintendent
Palmer. Of the AmI", was received Yesterday,
Skinned ccit tons tirst-ClJes. SIX tons second.
abOui $1,000 Drilt in block - shows yrr4l irci
Of yer! rich ore and not Vet t'fnHgh II. WI! mil
nvor 500 ounces, Slrrtri! thinks we hay, S5O,OOp
in sighi. Wlrrn YOU TIoWp To-day. 49,,
The Stock List ComiuricrE ih, American Mih-
ING Stock ENCh1rrc a'c holding almost niiN $50
slops al No. 10 BT0a way. Many Oi tG' IctdI"E
1,,iir cnluDJulC, vt rc country have already APP
rhcd 10 have ticlr stocks p,ac"I an the T-uH! li'
CF the ENc1uEC. and she lud"9''.uS "f' ;Hti, from
the Oltstt. the new utsJHiIltl"u wa 10, popular
with thr tOmuaiics which are able 10 max N1'ls
factory showing of their condition. |: ~ expected
the new rooms VIII be- ready Tor occupancy 10y me
10Th of May. when the Exchange WA "Em "l" 1T
ions. , 80, . ,-n . H.. q
III the Suut Monday WAS Ia 100 icci, the appear.
aucc Of the ledge and III" qiailiV oi ne o. lrlE 81
an improved character. ihc VEIN r'tli c"ni' r" T."
preserve WclI-drinrd hanging ana loot Walls, me
ledge averaging about five feet 30 Viith. Tbs
Wine from TINS level was down tInri five fcct in 20
good body OF ore. Sinking on the main shalt wa
snnu to DC resumed.
On Nprll -. the main +, cline in the Rohn.on
Consolidated was in 36I feet. me lower level rs
in 357 feet; No. zig s"nin cro''ru'' - ir't NO.
. North crosscU;, go feet. The ia.r a Tire i!"lu
incline carried , feet of iHr ore No. ~. 'Npnth
was IN solid ore, carrying "N!d'S ana chfi"uhi "s.
Nu. .. North was in l2iuot f1cc 81 hlgli grade
ore This latter crOsscut had shown thr ore body To-
be- over 100 feet III width, With an afcrdg" tAlch-
ness of about feet,
under date OF ApTl 20 that the east crusscut on
the j0O-foot level was ~ go irrt, III" ven
matter continuing UNUSUALLY hAIu. ne WcSl CTuSs'
cut on the 6OO-ioot level WAS ~ 81 i""t MI the
workings III the IrIuc were generally improved.
The Alta Montana started thc small -lnrlter on
April o. and is running bullion regularly.
A private letter received III thus city Yesterday
from well-knOwn mining expert says, regarding
the Robinson Consolidated: AIN Satisfied NOW
that it Il, far developed, the most extensive
ana richest mine in Colorado At tho bottom of tho
main incline the ore is twelve feet thick of about
500 grade. The faces Of all the crOsscuts arc In
fine ore, aud the strike III the tunnel gives them
known width along the course of the foot wall OF
nearly 900 feet, They are shipping about twelve
tons per day. roasting eight tons, md storing
twenty-fO tons. There car be no doubt OF their
ability to pay dividends for years TO come at the
rate now proposed"
The eurerintendent Of the Bonanza Caicf reports
under date of April 10 that the mill WAS running
PERFECTLY with capacity Of about % tons per day.
Assays averaged sos. The report says: VIC shall
clean up on May !, when will telegraph resuls.'
DEVELOPMENTS arc regarded az satisfactory.
The stockholders of the PenObscOt and SnOwdrift
Consolidated Mining Company OF Montana TO
meet on May % to take action in regard TO chang
ing the name and increasing tue capital, III accord
ance with the recommendation OF the Board Of
Trustees,
The Gold Hill Consolidated Mining Company has
Just completed it's organization bY the election of
The following officers and trustees: President
Yates Ferguson vice-prcsidents, w. w. Everett
aud the Hon. Maurice b. Finn secretary. j. w.
tees Sherman Paris, p. I. Dickinson, John A.
Rice, W. FOntaiuc Bruff. d. w. Guernsey, ID. Moves
Burton, the Hon. john Fox, J. W. Ilinkley, Robert
Connolly, w. w. Everett, the Hon. Maurice b.
Flynn. Chas. A Fuller and Yates Ferguson. The
property of the company is located ON Gold HILL
near Boulder City. Boulder County, Colorado, and
embraces eight ei9lms! WI No Name Pro-
lumbiana," " Bluff MIne," "Silycr Glance"
Tic company have begun the construction of two
tunnels, which will run In from the face of the
mountain to II distance Of 1000 feet. The capital
of the company is to be 81 100000, divided into
10000 shares ut $40 each.