New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-07-08
AMERICAN MINING STOCK EXCHANGE SALES
r,nsr c.Ir-1n.20 O'CLOCK A. NJ.
THIRD CALI O'CLOCK P. NJ.


cnoo,oI d,snatcbes from San Francisco state ttat
mining offices were generally closed III that city ues
day as well as stock boards on account OF fouIen
of July festivities. The boards opened YESTERDAY
and the transactions were large, especialy
in North End COmstOcks, in consequence OF
orders accumulated during vacation. Consolidated
Virginia shipped $235. 0O0In June, aud YESTERDAY
declared a dividend of 80 cents per snare pay
able June Is California shipped laSt
month SOL 300; Standard over $165,QOO;
Northern se7 Eos So ess4s hsgs hs
have purchased the Joculstita mines IN SlnaiOa
Mexico, about one hundred miles north OF Mazatian
from the Mexican owners for So30,OOO. IL IS uD-
derstood that the purchasers retain one-halI IN
terest, and have sold equal interest 10 certain
CAPITALISTS in New-York. With five stamps the
mines have produced ar average OF S34 ooO mo5tnly
during the past year from q piece OF grOuno loo
feet long by 25 feet high The shipping ore Is
very rich the milling ore averaging Sl69 per ton'
A special dispatch from Gold Hill. New, dated
yesterday, says that the mining situation tnere y
practically unchanged. The Union Consolidated
are preparing to open the $500 eval by extending
the drift from the Union shaft to the Sierra Nevada
station at the $500 level OF me lnclne ano %s4
from Wine No. toward Wine No. on the Z'2Vo
level is IN quartz, portions OF when assay @9Z Inc
Hale and Norcross companies have been compelled
to suspend ore extraction on account Oh
the heat. This has been caused Dy want
of communication between the the, 2'2oo ana md
Cnollar mine which caved during the late flooding
and must be repaired will afford the needed vehtI-
lation. The delay Will be short The Yellow Jacket
tracted for hydraulic pumping apparatus.
to be completed aud in use IN six
70 the present capacity of 5000 gallons. 10 Ophr
the diamond drill running west on the 2,40O level
found low grade ore. The north drift on the 1000
level Is IN heavy vein material which promises
well.
A dispatch from Bodie, GAL. says the Aldenda
prospects are good for cutting the ore body on the
bOO-foot level In a few DAYS. The Summit Com
pany have cut 15-foot ledge OF ore running Iroui
500 to 800 per ton.
special dispatch dated Silver Cliff Col, July q,
saws; "The greatest excitement prevails here over
the discovery last evening OF immense deposits OF
about 800 yards from town. ana adJons
the Racine Boy, the third mine located IN the camp.
which has not heretofore been CONSIDERED OF mucn
era that has vet been found In the camp, although
in its present state OF development the
extent OF the mineral cannot be determined
The horn silver is found IN scales about sixteenth
of AN inch In thickness between the crevces in the
rock. | he claim is owned by j. p. Carton and some
Boston parties"
were From the Ontario, $4,000; Christy, SO, 800
$500 sr Alice SIS, 200; Old Telegraph aS6
$47oO; Brooks. $500; storm39nt, Sl4'ooo'
500, 900; Morgan, $1,000; Ophir,. ST. 100, The
Horn silver have 1 200 tons Of bullion ready for
shipment to the refinery " oCnlcago. Vaiue aD0at
$500 600. williamson & Co., or Storey County,
Nevada, have bought the Gaena and
Logan mine in Lincoln District, Beaver
County, Utah. aud bonded the, Flora Star
In the same district and county, and let contracts
for sinking shafts and other development work.
The inevitable flow of Nevada miners toward this
district has begun.
The 3I2 level of the Contention Is now in seventy
five feet. The vein j. twelve feet wide. carrying
rIch ore. The winze. which is down forty feet Is
still in ore.
Two bars of bullion, valued at $4,000, were re-
ceived in this city from the mines yesterday.
The product of the Ontario mine for tine month
of June was S1S5 $780, assay value;
The Stormont Company received four bars of
fine bullion on Tuesday. valued at $780, 1G.
The superintendent of the Sacramento RENTED
81 !, 900 yesterday. The workings In the Poor
Lark winze have improved.
The Alta Montana shipped from June 10 to the
Odd II 625 pounds base bullion to the Omaha re-
finery. valued at about $4,000.
The Little Chief ore statement for the week end
ing June 80 gives the following facts Ore unpaid
for as per last report, S2S tonsj ore deliy.
cred during week, 6S4 tons ore paid
for during the week, 92S tons. $43, s54: de-
hvered, but not paid for. 5S4 tons ; ore paid for
during month. as per last report, S11O.626 03
total paid for and amount received during month,
3,412 tons 1854 ,4S1 To-.
The main or Dorsey" shaft on the Lowland
Chief is down $50 feet. and has been retimbered to
n depth Of % feet Work in the lower levels, where
ore was beng opened before the Leadville strike
On June 80 the Mayflower Company were hoist
ing out debris and were within foot of the loose
ore IN the shaft. Sinking was to be resumed Oh
Monday.
drift run from the North shaft to Bartlett shaft
| in the Plata Verde discloses rich ore the entire
| distance and proves an immense body, the extent
| of which was before undetermined.
The building for the hosting works of the New
| ark is completed The tank is in place and every
thing III readiness for the erection of the engine.
A number of gold branches and specimens show
ing gold have been found in the Hockenbal vein Of
| the Dshonega. The superintendent Is cuttinl
| deeper IN the rxpectat on of finding pocket.
A body of rich ore has lecn struck in the bottom
Of the main shaft OF the Native Silver at depth
| about GEO feet.
| The tunnel in the Bonanza Chief Is in 800 feet
| with fine ledge OF ore in the face. The open Gu
| above tho tunnel supplies more ore than the 20
| stamp mill eau handle. Ii is the intention to arrang
| .oou for Additional stamina