New-York tribune., 1880-10-25
FOURTH CALL-2 O'CLOCK P. NJ.
IRy TrL.GRAPHTO THE TRIBUNE. |

S.xFRAvCrsCO. Oct 24.-Ibe movement in Bnli-
ion stock was the only feature OF me week; iIe
stnck declined FL per share IN three DAYS notwlth-
standing the superintendent claims TO nave discON-
cred 10 feet Of ore with the diamond drill east OF
the Ward shaft All the COmstOcks were duI ana
weak at the close of the market.
The superintendent of the Caborca mine reports
tho arrival at Guaymas, Mexico. OF the schooner
with mil machinery for that propcrtY,
Tho September bullion product OF thirty-two OF
the principal mines having headquarters here was
~ 800. 100. ..... .,.
Consolidated Virginia raised .27S tons OF ore, as
Savnc S22 80. California raised 1.470 tons, assay
ing H22 IL ard Oplur raised 10 tons. NlhIe no.
! of Union Is now III streak OF ore WHICH assay
- SIT Ike. Utah. Oct. 22.-For the week. On
tor,o .hlpped thirty four bars fine bullion, valued
NJ $50 4}s 9s: rln,ic. eight bars, S4,949 %
Stormont, eight bars, $14.315 OF Crsmon NAM
moth. one Oar. Sl,sl2 81 CnrlSty, tW0 bars'
~ oS7 IS: Barhce ana Walker, one bar, S2,35S "a.
Base bulion-Germana, ten cars Morgan hve
cars Ferry. one car Brooks one car, and eighty
ounces gold dust-$33, 400.
Pull,on valued at ST. 800 3s was received in New
York ON Saturday from the mines, making O total
for the week OF 1882 273 lS.
The sales of mining stocks at both Exchanges in
New-York last week. amounted TO 694,5l5 shares,
according to the official reports.
The state Line Gold MnIng Companies NO
.,I NJ Ol were ORGANIZED in Ncw-YOrk on Satur-
d1v he capital stock OF each company - fixed at
50 OOO, ,OO0 IN 100000 shares OF 20 each he
companies own and will operate the mines III East
or
slve Developments and improvements are l'Feady
veil under way, including the construction of a
pine line about twelve miles III length, through
winch wafer will be- conveyed to the mills at the
mines / he trustees of each company are Stephen
V. White William f. Shirley Horny j. Hail. Anson
p K Stafford. Lathcr r Marsh. George d. Roberts
anG Lee K. ShryOck
Mr NcDonald the Recorder Of the Kanaka Val
lev Mining District, III Dorado County, California
an experienced mlner. long resident OF that sec
tion writes in regard to the property OF the vulcan
Gold MInirg Company: In regard TO the actual
value of the Vulcan mine, It Is my opinion 1t Is
what Mr. Root represents II to be. have been cor
sIdorahlv Interested III quartz mining and have seen
as good looking rock from thus mine as have
seen IN th. country. Besides II Is situate IN what
has been one of the richest sections OF the state and
within few miles of mines that are not Tor SAFE at
Tnr superintendent of the Bouldor Consolidated
telegraphs: " -Four fee' O ore n west stope- Ore
in the east drift improving daily"
The Dailg stock Rep0rt takes the San Francisco
capitalists to task tor allowing Eastern men TO
secure the most valuable mines Ol Arizona and New
Mexico In an tuttoriaI ehliilou All opportunity
Los" II SAYS:
While sau Francisco is waiting Boston, hew-York 81
Louis and Chicago are at "orh. ILey nave no tradi-
nor see any necessity for deer INNING II they can get
gold and silver by easy and inexpeasye surface woth
the Union Pacific and Central Pacific have linked the TWO
oceans such manner that no otherlnhlng ceary
on Inc contrary, they taken eager hold OF the
mines of Colorado and NewMeAco and own more OF tue
mineral wealth Arizona than do. Mo- only that.
@ hey nave watched tue progress of Southern Ia.
rad ines and have discounted the future so thorOt ghy
already that there much left for ANY body else To
du They Know where tho mines down
there where the cities and towns Will be aud
| nave mastered all the mtr1cacles OF the chm
nrls nv which money can be mace To flow northeast
Ion NewMcXicO. The country IS tul OF the agents OF
Eastern and Central aiss. le L. osc Of san Fran
cisco hay yet make tneir appearance IN force. Of
do not mean To say thd no san fIAnclscdDs
have stepped into the arena OF enterprise Tncrr
are runatey, capitalists among MS who can see
further thau inches beyond the ends Of their
but they comparatively very few. Some sac Fran
cisco men have been vide awake enough To
sr. tho coming greatness OF the Souih western
| country; but the men OF Now-lOrk. Boston, ST
loilIs and Chicago have captured II and Will
most nkeiy hold II. san Francisco Will be im-
ucnscly benefited by the Southern railroad con
ectio she nj nave been queen oi THE western
empire Ii s moi yet too ate however TO secure more
than " nave. There plenty OF opportunity FOR
euerprisIug md vlduas IN the wids OF New Mexico
or though Inc East has been gCbDling up things at
very lycy rate some iae past II VIII vet be months
before every hing slgnt sEallbe claimed and owned
The LeaduiLio Herald of October 10 says: John
T. Hcrrck never formally accepted the position OF
general manager of the Little Chief though It was
rendered to him He came ont to examine and re-
mort on the condition of the NINE. which he has
done but has frequently sald since coming here
that Il was doubtful II ho would accept the man
agement OF the mine. IL would seem from q tele.
gram IN New York papers dated October 10 sign cd
by =. f. PiersOn, general manager, that Mr.. Pier
son viii assume, or does now the general cOntro OIL
| How the new general manager can tell from Denver
that certain bodies increasing III width, ana
especially AT time when II Is utterly impossible 4
descend "a shaft account of the poisonous gases
| existing IN "a Mystery"