New-York tribune., 1880-07-01

Twelve bars OF ball on, value ~ TlG.925 60.
were ce,V'd in tal- cry rom me Iiii'., .ti "
-Four b j. ot button. rcnr ,"n'ing %71N2 - .H
v.luo vcr. received from - StrruOui vest ar4a
NT. David II. De5'voi>", trea flrrr or tic >i'' ~
Prz, Mining Company, was one Ot tnc Vc-i.ns oi
the Se1wauhaka ca ,r"ph".
Az meet ur oi the trustee Of tte Bonanza th.ef
ana the Alta Montana Nt7|c:day tine 4oiioN ing ON
GERS were elected: President and uduagi z H.
rector William W. NlcAr, ; yiac-presl dent, c.ael
Sno" assistant managing diieG, t. C"tr H""l"eIS; J;
secretary and treasurer, bob"rt +. Brooke.
Lately much dissatisfaction has been Expressed
by be stockholders Oi the lIuSll. becU-r OF ihciF
inability 10 obtain from the management any ac-
tailed or definite information coucer lu- jhc prog
r,es of the drveloument which II j. ALLEGED being
made or Oi the company's financial cOudl-
ti0n. This dissatisfaction has finally lound
expression in letter addressed to VI: ).
V White. treasurer OF thc company, signed nv
Alexander Tremalu-a holder OF 10000 shaIrs ol
the stOck-I. Huugcifcrd and Others, al represent
ing about $4,000 shares oi me stock iei"an."nP u
full report OF he mlnageIs proceedings. 10 TINS
demand Mr. = V. White has replied under date oI
June 2G a 70 lows: Your favor of this date has
lust been handed 10 me in which YOU request luil
financial statement Of said lllus'li) Company. 1Ec
facts solicited are not in my possession. VIII.
however forth with transmit 20 the SupCfintcnd' mt
at the and also to Mr.. Dciano, former supcrn
teudent. now IN Colorado, copy OF your Letter re-
questIng the Information, and at the hrSt moment
received viii lay the matter before YOU
During the week ending june -, the North drft
on the 250 foot level OF the south MONDAY (BodIc
was extended / feet, making "A total length of 3
feet he ledge locking ell, with faet Ot 2OOd
milling OIo III the lace. temporary dflduEchl'iitS
were being MADE 10 open another ieVei. when -
expected 10 show greater Improvement III the or.
Everything about the NINE was III perfect working
order
During the week ending June 81 work on the 30
foot Irvc of the South BaiWer (B1d,tl WAS pressed
vigorously forward. Tie south du.t was advanced
nGl,h Grlff WiS advanced II feet, making q total
lrigih OF - feet. The VINE from tHe sOuth drIl
bat attained depth ot II feet he ledge vcs
looking well on all the workings Of tbs level and
Was Welding the Usua, quluty ot good pan in9 uie.
The Lou- and Deny riil CcmuJnya are lIp feet
In the Mount Carbon mine. and 30 iceI ~ the latte
Canada, both of ucn properties are sltu",rd near
Iowa Gucn, Colorado. n number Of sinaIl ycius
nave been struc@, one N the Mount Carbon beng
several inches thlc2, covering the whole brcast Oh
the tunnel .
lie Developments or the Standby Black Hills
are -srU % require greater Milling cap - hc
company are tow ruuuH2 go stamps. IIu crushing
about 100 TONS per day, WAich Wil soon be- Increased
10 10 ions. Tie NIL Is run hy NJi'L aud VIII
forts men cmpl0 cd, tie c.'t ~ reduction u 81 -
per ion, divided as follows; Mh.ne, - cent :;
uauspo.t .ta- ou, l3l3 ceHi,; dc"""riN, - cents; ;
milling, fli3 cents salaries AID .ihc,, II 3 cents :
and Otc for 100 stamps. 'hd tc aupc u.rndeht re-
c0mnends tine immediate dddiilou ul IuO Stamps
to the present capacity, when tLc cost can Dc Io-
duccd 20 less thaa ~ p,r ton.
4 correspondents of The San Franc's,O IHa ClI-
6orBid wrtmZof the mines Ot NtiiP.sa tUuuiy,
Ca, thus rciois to the South H.te:
few Li.irs eastward in tins codHty olG,uued iir
ou, qudrtZ equally r.ch, id he- uccI s-t-ecn y,a-
} continuous prOdu,tlO' II ptJM.r'r ioHS c'nii-u-
are. ID has me G.rty-,tnmp Wdlcr-n4.i, crus!u- e
about nTy tons of re per da'.
Tnc next soutn ext .nsl0n. SHOWN rs tie " Ph'iI1-
mae is owned bY sir III mas P'J 4ef %. "ta-a N".j
WuO is uICpdT nE iOOfcu a. Ls "4.c NcAt, sou." o.
hiI., is what is d4lrI Tie South Utc, owned hy a
Boston COMPANY. iGer pfot- 81 "a o. 81 ."" year
a-O wa abau dAd sO.u log FAX IH' vi, -. ~
owners have sp-it mOu'Y ficclY un,.cr an mcNFcti-
,freQ youh vs. 40 nk7 BE- s tLc IIie Y'iu Bdt the
vein IL very small ui~ror TIE company is ui..t
to put up m, bu tDls would D. tinaturr lhrre are
no dc veo pmcnf. warfauf II dcai o. costly cxpOr-
non may be required before D. VII Jusuiy bu diEg
mill By cr0si4uiting tbsy Viii duuhtles stlik TIE
Iitte vein; ald trey uly Ga ay thai point. But
there l. 10 ccTGinty UHti IL II proved