New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-06-17

san FRAvc1sco. June lG.-Thc Custer mine,
Idaho, owned principally by G; W. Grayaon, pro
duces over = 90 900 monthly with 20 stamps. This
is an enircy yriyatc enterprise. not incorporated
ami il is estimated that there Is mOIc than
e., 900 600 of ore III sight. The hanging wall he
Ing swept away for a long distance down the noun
tain by an immense slide exposes the vein, which ~
from - tO - feet wide.
An official letter from the superintendent of the
CabOrca mines, Mexico says: "OrO BlanCO IN I'M
proving al every foot Of advance. No . shaft Of
the Santa RoSalia at depth Of $50 feet, continues
in fine ore, showing free gold and horn silver Iho
22O-level IL being driven east from shalt No 10
connect with No - The mill freight is all in. The
average driving Of tunnels and drifts is Six feet
daily
Mackay arrived in this city yesterday
Northern Belle and silver King are quoted * diyi-
dend.
Betty ONcal has been assessed 30 cents per
share.
The Boards will adjourn from the LIST to the 9th Of
July.
IHADvII1F. Col, June 1G.-Papers were served on
the Big PIttsburg Company yesterday forbdding
further shipments.
President Raymond and Manager Rolkcr, OF
ChrysOlite and Manager Gilman, OF the Little Pitts
burg in consultation about the fire. Raymond
intends 10 take heroic action.
The largest pumping machinery Of the camp has
been ordered tOr the Robert l.. Ice.
Bullion valued at $44,3S II was received in this
city yesterday from the mines.
The Gold Stripe Mining Company has declared
quarterly dividend no ~ of 10 cents per share
payable June 30. Transfer books close June % and
reopen July2.
Old Dominion Copper superintendent reports
At a distance of 2lO feet from the mouth OF tuu-
mel No on Newly ork have crosscut to the south %
feet IN rich ore without striking ledge wall"
In another column will be found a report on FL
Gachi mine, which will be of interest to intending
investors. Colonel Thyng, who made the report
has since become the president of the cOmpdny. lie
has had practical and successful mining experience
and all operations NJ the mines will he conducted
under his personal care. Treasury stock of the
company 10 now offered Tor sale at 20 cents per
share.
The treasury stock Of the Yernona and Colorado
Mining Company is being rapidly taken up by in
vestors who have faith in the executive manage
ment of the company. The superintendent reports
that development work is advancing favOrably
that the titles ~ the property are now made secure
by United States patents and that he believes pay
will be opel ed up IN short time. IL he is
cessful in this, the stock will be good investment
at present prices, and intending subscribers should
make application At once before the price is adj
vanced. Attention is called 10 the cOmpany's adj
veTtisenent which appears in another column.
The board of directors Of the Dunkin Company
on Wednesday unanimously adopted the following
resolution:
R>soired Upon information from the president Of the
company and from the superintendent OF the nine that
ing $4,000 20 10000 tons In sight, yet the grade
lower and Developments are advancing, which
necessarily increase the expenditure deemed by the
directors nexpedent 70 declare dividend for the last
month, notwithstanding there than sufficient
funds for that purpose In the treasury.
A private letter received in this city yesterday
from Frisco Utah, says have just returned from
waiting the Horn Silver mlne-and also what il
destined to rival 1.-THE workings of the North Horn
Silver There seems TO be no doubt in the minds of
the practical men Of this camp that the North Horn
Silver will prove 20 be the true extension of the
Horn Silver Already in the Great Republic and
Rpapieh claims of the combination the vein has
reached a width Of $50 feet, low grade ore 80
ounce, and only at depth Of 90 feet They are