New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-26
CLOSING PRICES or CALIFORNIA STOCKS.
SAN FRASCIsCo. Tuesday, Oct. 25 1851.


SAN Francesca, Oct. 25.-Ncws from tie Com
stock for several days past has been unlnportant
II is rumored. however, that crosScut is being run
secretly in the lower level Of Oycrnan.
The reported journey Of MaCkay humcward en-
couraees the bulls who have pcrsisteniy predicted
the revcoping of new bonanza whenever the
principal managers are inlly prepared.
Assessments coming delinquent IN the next fort
night aggregate p9OO,OOO.
Tucson. Ariz Oct 2J.-The directors Of the Con-
tention Consolidated Mining Company WHOSE arti-
cles of incorporation have been filed IN san Francis
CO. are w T.. Dean, ". = Hobart. George Ives. u. 4.
Jennings and l.. l.. Requa. The capital stock is
II is rnmorcd that the Grand Central mine Tomb
stone. has been sold to Boston syndicate for
-. jOO.OUO
The Copper Qnecn Comrany nj Bsbcc il erecting
n third snctcr, which will give a capacity of 600
tons of copper monthly.
Bullion valued at Slss. l47 81 was received in
this city yesterday from the mines.
State Line manager reports, October II; Since
my last ! have measured an Ire work done m The
mine and find that the main Shaft Is down IS feet :
but rs You are already informed, II il sunk in the
country rock under the ledge. The level is 2GG feet
in length. and is in ore all the way, while at point
12j feet east Of the main shaft Wine 20 fee
deep has been sunk in ore. The ore where exposed
looks well. The work of mclOsng the boiler for the
hosting works and getting the machinery IN order
is advancing iavoTably. The question Of water
supply and laying pipes hiss occupied nearly all my
at cniiOn and will continue 10 do 80 until the mill il
ready to start. The company owns five srriugs
waters from which have been gathered together and
are now running through the old ppc ~ far as aid'
and the Mief springs, numbering two located
about two miles from the former. The work OF lay
ing the pipe at the head of the Muller springs has
got thoroughly started and the water will be united
with that from the Stewart springs into one head,
from which the main pipe will be land. None of the
above springs have been developed Ia any extent.
and the wafer supply. which | think already sui
fcient, can, without doubt, he greatly increased
shOnd occasion demand it, We have advices q
three carloads Of pipe at the end OF the track in adj
dition TO that already reported
Columbia and Beaver superintendent REPORTS the
mines in excellent condition. The striking of tine
main ledge in the lower tunnel Of the Beaver mine
expectations. Columbia has first class ore in each
OF the three tunnels.
Spring Valley Hydraulic official report states that
the new tunnel. which will open the richest gravel
in the mine, was advanced llG feet for tho week
ending October -, making n total length of I75s
feet now completed, and leaving 2O2 feet still 10
be run. At the present rate OF progress the whole
distance would hc run by January |.
Gold Stripe superintendent reports very active
work on he new ore body. The ore is good aud the
ledge is opening strong Preparations are beiun
made To null the ore. The pay from this part of the
mine in the upper works yielded well.
Calaverds superintendent teleraphs that the
work Oh the great dam Is about half finished and
progressing rapidly and satisfactorily This dam
Will furnish 10 less than six times the storage
capacity hitherto available. Hydraulic mining viii
probably begin by December 10.
Standard Consolidated official report October 10
shows that the water IN the shaft is now down
within 20 feet of the 1000 level. The south drift
from the east cTOsscut 700 level is in 2l7 feet The
total length of the south drift, 500 level is 35j
feet. The west crosscut from tins drift is i'm no
feet the ground here is still very hard The south
drift, No. q 3S5 level Is in 1s2 feet; the ledge In
this drift holds ITS width Of . feet of good ore
-Four crOSscuts have been the 1856 level To OH
tain waste for hling in the Slopes The ledge in
the Slopes is from II TO % 1eet wide.