New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-05-25

ucnt o. 30 cents a share.
Work ON the Highland Chief has lcrn entirely
suSpendcd, pending the decision q. JuuG' Ha.Ir II
the matter OF the INJUNCTION recently served VI tH'
company. .. 49,, 49,.
Company ycs., ray paid cash dividend OF 30 cent:
pr STARE on the capital 'iOck.
The lIomcstak Mining Company haze declared q
cash dividend of 80 cents per .har payah.r o.
morrow. at ill.,. Offices Of Wells, Fargo i Go.
4 new shaft IL beng sunk on thr RappaAdlIuock
IL - now p feet deep anG ~ mrdIIn grade ot".
The S.,rri Nevada yesterday ltyicd - 5J-crht
ass, ,snlent.
Ricll ore las been struck ~ The Native Silver
Carbon mine. a VEN of p1Y rock iiuu in III
inches thick having been cut IN The main SHAFT u;
Rich horn silver has b.cu struck IN the PoorMan's
III Iue luc near Denver, Haj the ground ln al de
1ectons AROUND il IS being taken up bl prosp c'or~.
The total valIc oi syrr bullion received ~ lhiS
city We .trrday was T2I...Hl.
The total value Of bul i'u slip.cd from salt LAX"
CITY, Nav and H. was So, so, of WHicb a:Douut
SlJ 100 represented Horn SIiVer shipments.
Favorable reports arc received from tie BassIck
mine. Tho main shaft IL now down go lc"t. O.c
running 5000 per ton Is lCing exposed III the lower
levels where the extent Of the ore body - The sou
ward eastward and westward has not been dis
covered.
TIE Empire Gold Mining Company yesterday pa Il
diVIirid Of cents per share; also an rAtrI dill-
dcud of - cents per share on tllc capital stock.
During the week ending May II. tlir usual amount
of development Work mas been accomplished III tire
Little Chief. One hundred dud hity-hyr t""t a..
drifting has been done, and - irri of progress h-
NJ" and the drlit On the crnoniicfon~ !iic N'ic ~
purphyry. and the east cgJsscut on III" sam" Inc,
had five feet Of mineral hr sonlh drit along the
DIVES line showed mineral ~ the tuoi. IHr north
drift from shaft No. ! wiz ~ black iron.
carrying some gond ore. North onit No.
2 from this shaft carried Two feet "f
sand ore, ana the frCOrd east cross, ut - feet ~
the same material. The north drit from tots cross
CIT carried S.fOJt facln4 o. sand ore. The tard
and fourth east cloS>cut1 are ~ non Inc ihid vet
cTOsscut il in clay. Shaft No. > was down 100
feet. the bottom in pOrpyrY. he second DRIFT from
shaft No. WAS in l0f Icct, carrying hnc ore the
main north drift in 50 feet tho Daily shaft down
17g feet The total shipments fof the week were
1876 tons, and there were pad for l,2S5 tons OF
ore. The amount of the May product paid tor to
Date of report was 1,797 ions receipts TO dGte of
report, 1868; total shipments Tor May 2.lO4
On May 1G the north drift from the east crosscut
on the 7O0-fOOt level III the Standard Consolidated
was in on the ledge tilty-nInC feet, the face
in ore. The east crOsscut was making good
Roadway in favorable looking rock; The new
ing formation. The west cf9sscut from north
drift 5OO-iOOt level was III very favorable p0rph' ry.
1lmborng the south drift 300-fuOt level had hccn
completed. The ledge IN the West Standard up
was gig feet WIDE carrying rich ore, md the
VEN III the north DRIFT 5OO-io"t level car
rcd an S-foot ledge of good milling ore.
drift continued to carry about 80 feet of fine mill
ing ore. The different slopes were showing general
Improvement. Shipped since last report bars Nos.
206 and 207, representing III value Ti7,0Sl.
Reports from the Globe District tAr2Onal are be
coming more favorable day by day The Mack
Morris is working sixty men with hosting works,
and the man shaft is down 300 feet. II
is stated that n great deal Of the ore assays
rs high as $1,000 and that the general average Is
from $50 TO 500 per ton. Drifts and working
shafts beng run, and fine bodies OF orc are ex-
posed daily. The mill is completed, and will be
running within two weeks.
On April 10 the north drift from the Tunnel on
the RalstOn vein III tue Bulwer Consolidated was in
215 feet, carrying "A 3-f0Ot ledge OF good ore.
The Stoncwall south DRIFT 3SO-ioot level WIS in "a
feet the VEN being pig feet IN width and steadily
improving Tie south DRIFT from the Bodie west
crosscut was in 1863 feet, showing ledge
raise was three feet wide aud unchanged. / he
vein in the Stonewall Slopes continued the same aS
last reported, and in the liastOn atUpra the ledge
carried gig feet OF ore Of good milling grade. ship
ped since last report, Bar No. u value 80, G99.