New-York tribune., 1880-09-27

The bullion receipts il ad this city on Saturday;
for the week of 1887, ,334 80.
Tho latest strike of importance reported in the
Eagle River District. Col. has been made by tho
Ango-Amcriran Company on Horn Silver Noun
tain. The ore yields II ounces and over OF gold pei
ton. The claim in which this rch find was made
adions the property OF the Eagle River Console
dated, in which important discoveries nave alsC
been recently made.
The Harrison Reduction Works at LeadyilIe ara
now turing out over 10000 pounds of bullion
daily.
During the week ended September Is the Dun
dcrberg Mine sold two lots of coboed ore tor $3.50.
aId lot from the gs for 1866. The fourth level
shows few small seams of mineral III the drift and
the grou,i Is hard. The third DRIFT continues 10
look W, n, and carries from to eight inches Of
ore. Tne first level Is fast improving. and now
shows ten inches Of ore, but not quite solid yet.
Tne mineral shows y considerable amount of gray
copper. Several of the workings hive been sus-
penued, aud sixty-two men have been discharged
during tile present month.
Iho Allied Mines of Imoaen Basin (Sneflles Dis
trict), Ouray County Colorado, have just issued
their supplemental prospectus. during the past
few montns regular and systematic development
work has been prosecuted on several OF the com
pany claims. and large bodies Of very rich ore bavo
been opened III tie Gertrude. Norma Hidden Treas
uro and laisnan mnch Of which runs from so To
200 ounces of silver per ton. The Gertrude especi-
ally Is making an excellent showing, the ore body
having wdened TO thirteen feet MS the work has pro-
presssd The hitherto serious difficulty Of commune
chtOn DClNtcu inc HltiicS .uu OutaN. tDe gen
etai p0Mt of shipment from that section Of
the san Juan region, has been removed
by the construction OF substantial
wagon road at cast OF about $4,000. III. mines
are therefore, now IN direct ahd easy con;munica-
tion with the Denver and RIO Gra1de anI Denver
aud South Park Railroads In order that work may
not be suspended during the wiuier. snbstant tial
buildings nave been erected nc each oi the mines.
aud large s,orenouss for supplies Il now be,ng
hli,d with provisions sufficient for sbout twelve
months. The cost of the surface improvements
AID the necessary winter supplies Las been, over
$4,000. The company is now providing 0O-ton
concentrating mill OF the mcst approved pattern
the reduction oi its ores, winch /: - estimated
can he done lUr GO ecuts per ion nns adding largely
to the compaay's profits by tie saving IN
cost os treatment. sub-leyerS are now being
contracted for upon all tive compsmys claims,
which will open up s5opng ground sufficient yield
ore for concentration enough To keep the mll III con-
stant operation. These bab-levcis are expected 10
be all completed within ninety DAYS, wncn net
munIhly output of 800, 900 relied upon through
out the year. The officers aud directors Of the CONF
| pany are Orrin SKINNER president; Harvey NJ.
Muilsell. vice president: BenJamin r. Ram. sccic.
tary Edward Webster, notwithstanding diracs
| tors the Hon. thomas Ewing. the Hon. q. Ill.
browning, lieorse II. Blsset, the lion Preston IL.
Plumb, Benjamin T. Ham, Josiah ID. Ripley. Orrn
skinner, Harvey NJ. Munsell. Thomas /. Wentworth