New-York tribune., 1880-06-28

Tho Tuscarorn Mining Company has levied an
assessment Of Is cents per share.
Forty-nine bars of bullion. ropresenting $67.-
2sO nj, were received in this city from the MINES
ON Saturday. The t0Sal receipts Tor the week
amounted to R27D,4 ,45G 10. .
The Horn Silver Company received f0ur Dr1cks OF
silver ON Saturday, valued at $3 300.
Four burs OF silver bullion worth ~, ,421 80, were
receycd at the Office of the StOrmont Silver Mining
Company on SATURDAY.: 49,
when asked by reporter concerning the efficiency
OF the new men:
"Tnese 'tendcrfeet' who are willing ard anxious to
work eBrn the business IN f0rtnigt they are as good
ns Toe expeenced miners, and even boter, for they do
uch more work. They are accustomed 10 lking len
ork oniy eight hours they do II with will. had 500
men In tic Cnrysotr before the STRIKE and their last
strike with d5O men only, have made 26dfect, aud
TINS IN Bce OF the fact that the tmbrmg was neg
" tLis IIs All bnsh Ii say that only veteran LItness
on do good work The trade is an easy one &c learn
and the sooner the 0dlners learn tns INC oester VIII
be 1or them."
Mr. Van Praag just arrived at the Empire mtne
teegraphs: mines are locking better every day +,
lead assag identical with Ontario at same deDth !:
era than we supposed"
Few traces of the strike now remain at 1,eadville
II Is said that the miners glad rs ths mno
owners that the Srouble is over. EverythiGg prom
ises we'll for busy season- A0re mining sales are
repOfte1 now than for some time past. IL IS pre-
dcted thai the oanIp will yet SEQ prosperous sun
a telegram states that tho Arizona Mexican mill
IA running WE'LL Mack Morris mine looking splen-
didy; taking out hue ore; will commence mining
The Little Chief shipped 175 tons On Wednesday
and Thursday.
duplicated on saturday, Superintendent Palrrer
teleUraphing: " Mine showing coDsiderable inl-
nrovement. Drift In 81 looks very encouraging
the clear, is now completed 70 depth OF 265 feet
The bottom of tfe shaft Mt last reports was in ar
centferous irot,, indicating that the contact was
near The probability is that tho ore body, for
which the conn any has so patiently labored, %ill
soon be reached. The Shamus OBrien shaft Is
sheHthed from top to bettOm and vt q depth of $40
feet shows highly mineralized porphyry.
The new frfft IN the Carbonate Hill from the 300
foot level is being driven abont three fee per day
this drift will reach the ore, as am satisfied we
now on the foot wall even II we arc too deep in tho
shaft this may be the case. The ore s certainly
ahead aud we viii strike 1t about July l."
Atlantic is the name Df new mining district re-
Gently organized IN the western part OF Clear Greek
County, Colorado. The existence Of rich gold and
silver ores in true ssure veins has been satisae-
tOrlly proved town site is to be selected ut s5me
pOlut On Middle Clear Creek
II ~ S renar, stsS a Ires 's
an immense amount Of lab0ris required TO make O
thorough cleanup OF all the fumes and sluices.
The report says the cleanup wlH be thorough and
compiete, with the exception OF the lower Hume,
which we purpose leaving rather than delay the
ordinary work Of the mIne by expanding TOO much
time on Iuo pEOAbIhoo 10 Do huAbuc0
by Jaly l.
The EIko Consolidated has finished tho re-
timbering of the lower tunnel Operations will be
resumed shortly.
a contract has been let for an additional 80 feet
of the main shaft of the Davenport Consolidated.
This will giyea depth OF 175 feet, aud 1t is pro-
posed to sink to q depth of $50 feet The vein
widens from 10 feet at the top and is now "a feet
wide, with pay streak of three feet of solid
mineral
The hydranlic mining property now being offered
bv Mossrs WatsOIl La Grange & Gibson consists Of
400 acres of gold-bearfng gravel with water rights
10 800 miners inches the richest part OF the auri
ferrous belt of Northern California. The deposit
averages about thTty-fve feet in thickness and the
location offers good Facilities for dump and tainRs.
The gravel yields about50 cents yard. Tho
capital stock Of the company iB 81, ,500O00, IN
100, 900 shares, par value S15. working gapgtal
of az 800 shares has been set apart and made pre-
ferred stock for the development of the property.
1t is portion Of this stock whica Is offered and the
purchasers Of which are TO receive back the amount
they pay befere the hOders OF the remaining 81 500
shasss can share In dividends. Certain Fell-known
c.cDftsligts are ntere sted IN the enterprise.
Inc following dspatch was resolved from the
Red EleDhantOn Saturdays Shipped on 2ath Ave
tons, assaying eighty ounces Der Ton shipped fge
toms ON the Z5th assayng ssventy ounces per I'm.