New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-26

To-SaA FIoaci.co qlotltions rreceiacd Ith I9ge
The ,tock OF tuc Annie Con~oH ated MiaIug Com
pans was called yesterday for the ir, time a the
New.York stock Exchaugc. The value of the ore
shipped from the Anne mnue on Tuesday was about
~ 800 and on Thursday about 5000.
Drifts, north and SOUTH ON the 15O-foot level of
the South MONDAY are making progress. TIE norh
drift on March q in of good quality, cover
ing the entire width of the DRIFT, the ledge beng
sofc and easily worked. The ledge IN the south
drift of the same level WIS three feet WIDE the ore
was improving and the ledge widening as the drift
advanced. large body of high grade ore was eX-
pcctcd TO omen deeper levels. The ore above the
level can bc easily stopped ont when milling begins
\ letter received from the superintendent OF the
South IiulweT. March 10. states That work was
being steadily pushed III all the different parts oi
mine. The east crO-s-cut on the j1O-toot level was
going through Iron-staIncd poIphvry. Water was
coming IN rapidly from the iatc, and u was expected
that the ledge would be cut within "A few lcct.
few DAYS previously favorable looking ledge was
cut IN the west crO>s-cu on the JOO-ioot level. The
nav streak is twelve inches WIDE and the ASSAYS
500 per ten. principally gold. Judging from ap-
pcarances tins l"dge Will soon widen. The pumps
and other machinery are working well.
The kcuuebcc, OF East Fryer Hi. Lcadvlle. AZ
ter having sunk shaft 2GO feet without finding
second contact are now running a level on he VEN
of galrna struck az a depth of ! go feet. The min
cral lies IN place between pOrphyTy and quITZltc
and Icls!te. widening and growing richer a. 10 Is
followed. indicating The approach 10 an ore body.
Il
Grand View Mining Company AT Alamosa, Col,
under date of March ~, says: Contracted ma
chInery Is now At Rico. Commence loading il to-
morrow for shipment 10 the mine" The severe
weather and deep snow have delayed DEVELOPMENT
materially. Alamosa is the terminus Of the raii-
road and II VIII take about two months 10 get tho
machinery in position; after which the company
expect to make regular shipments Of bullion.
The face of the fifth leyc IN the Iron silver mine
is stu III ore the face OF TIE new fourth tycI Is re-
ported 10 be even better. The track TO the sixth
level is finished. Shipped March n. hity-scycn
The stone north Of the main incline in the Robin
son Consolidated. between tine first and second
cross-cuts. on March II. was yielding fine sui
phurets. The ore streak was widening and thick
ching. The stopc south of the main incline carried
a sX-foot face of hne-lOOklng ore, thrtYthrcc feet
wide. GA the 23d. twenty-threc ION, Of iirst-ca-s
ore were received from the mine and sold Is dey
cred.
The Ncw-York and Palmetto Mining Com
pany California have recently organized
under Ncw-York State laws, with capital
of 81 900 900. IA 20 900 shares of y 90 each. The
officers are; President r. b. Cathcrwood secretary,
T.. c. Bramhall treasurer. Robert Schell trustees,
a. s. Warner. J.. &. Bramhal', Alex. stewart, Henry
Morgan, l.. l.. Brown, II. DE Peyster X. i. Gather
wood. r. c. Root, Robert Schel and a. j.
Roberts. The company have purchased nearly all
of the developed mines of the old Ncw-YOrk and
Silver Peak Company, including mil and mill
site, wood and water lands. he mill and mines
are beng pur in readiness for active operations,
and there are now 1000 tons OF ore on the dump.
The working capital VIII bc derived from the sale
of 5000 shares Of stock now III the treasury.
ASSAYS OF nine samples of ore from the llukll
mine recently made. show an average value of
ESQ 30 per ton, as follows or gold, .93 OF sill
yer. Sl3OsO or; copper per cent.
In the seventy five foot level of the Barcelona
what was supposed 10 he the foO-wall of the lcdg,
aud which was consequently abandoned few years
ago has lately been blasted into, uDcOycrng body
of rich chloride ore. assayIug from Tl3J To 50. 100
per ton. The deposit seems 10 he increasing III
size
The prospectus of the Tom Moore Mining Com
pany. Eureka District, san Juan County Colorado
mas Just been issued. The Company owns the Tom
Moore, Byron, Cross and Ia tern lOdcs, besides "A
favorablY -lOcated mlll-sitc and watcr-nowcr. The
capItal stock IL 50 600, 900 in 800 900 shares Of
Mcdonald, yicc-president; Alex. Mcdonald, sccrc
taTy.
The stock Of the Silver Chi Mining Company
was quoted Yesterday upon the New-York STOCK
Exchange for the first time and sold at go,
President Bid well, Of the Green Mounta. Mining
Company, tclegraDhed from san Francisco ycster-
day that the mills are crushing rich ore the pros
meets are excellent and that he future il serl,rr
Superintendent Waldcycr. of the Spring VALLEY
after "A two days inspection of the property suboe
duent 10 his recent arrival AZ the mine reports that
he considers the future prospects of the company
excellent.
The tunnel Of the Belle Ouray (San Juanl is
being driven night and day. Ii is now in 1870 feet
and at 22J feet 1t is expected the main vein will be
struck.
A tunnel s being driven on the Utah Coneoli-
dated, which is expected TO strike the Meacoqne
ore body within 40 or 80 feet.
The levels in the Iron Silver Mine now being
driven regardless of the exact position of the ore
go that thev VIII connect with the incline at tho
proper grade The end of the fifth level is still IN
fine ore ; the end Of the sixth Is in fcsite. The
Bulls Eye" shows two feet of ore, and the ore in
tho "Rock' is improving. In the Wine from the
fourth level there four feet of ore, and in the
connection between the third and fourth levels five
feet The mine shipped II tons of ore yesterday.