New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-12-30
CLOSING PRICES OF CALIFORNIA STOCKS
sxS FRANCISCO. Thursday, Dec. %. 1891
Yesterday. To-day
InY rRIEGRAPH 10 TIE TRLErvE.I

SAN FRANCIsCo, Dec pa drift was started
south yesterday from the connecting ,dnft
Union Sierra joint Wine. Whether II is intended
10 run immediately for the ore cannot be ascer-
1ained. The market broke Yesterday az oad re-
Its were anticipated, but to-day 1t is much
1rmer no.oo 900
is viewed by mining men here as species o. black
Bnllion receipts for the past week: Contention,
$50 900: Eureka Consolida ed. $1,000; Northern
BILE. SIT, 400; Standard, $437G0 Head Centre,
$4,000; Christy $4,000; Bodic, 5000; Indian
Queen, $4,000.
DENVER, Col, Dee. 29-The coin value Of the
Colorado bullion output for 1881 will be about
$23.40O,OOO.
LAS VEGAS. n. NJ, Dec. 29.-The White Oaks
Consolidated owners have secured control OF the
Ieer stamp mill aud will run II on Little Mack ore
exclusively They expect to ship bullion inside OF
ten days.
Bullion valued at $4,000 was received in this
city Yesterday from the mines.
The Little PttSbuTg mine shipped for the week
ending December %. 176 tons OF ore; no settle
ments. Balance shipped and unsettled for 7G3
tons.
grained December 2S Shipped to-day 20 tom
ASSAY Ga ounces" Another official telegram re-
ceiyed Yesterday from the mine stated, in effect,
that the managing director. MIR SymingtOn, wonld
be Obliged 30 draw at once for $4,000 Tor 10000
necessary for the payment OF machinery bills, and
that about $4,000 more would be required from
New-YoTk by January 3, III order to secure the com
many from embarrassment. The cOmpany's balance
IN hank New OTk Yesterday was stated at the
office to be less than 81 900.
Acting Superintendent Farlsh, of the State Line
mines Nos. and g. reported December 20 " In
surrenderlng the charge OF the companys affairs at
the mines desire to cal your attention to the adj
yanced stage of the work.
= The plan adopted for the development of the
suTings that of tapping them below their surface
outlet ~ tunnels across the STRATA mas proved
very successful, and the amount OF water now flow
ing from them, even after long dry spell, is at
least double what il was last September, when this
work was first begun, and is think, ample for all
the coInpany's wants. These tunnels vary IN Length
from about 70 t. $50 feet, the longest one produc-
SThe mill is completed with the exception of
some minor details-the erection OF retort and fur
mace house and the turning OF the pulleys which
could not be Done before the water got here, as
steam is required. At the present writing can
no reason why tine mill should not be started within
three weeks as al supplies necessary are here ana
the water at hand The finishing can be rapidly
III work has been carried on with as much
economy as was consistent with It's rapid progress"
The associate secretary OF the Tombstone Mill ana
Mining Company teleqaphs from tombstone;
mines and equipments both above and below
ground never in such good condition as now. Ore
Ia sight sufficient 10 run both mills to their fullest
capacity for one year. Mills in better order than
ever before. Bullion shipment this month to date
$i37, 0oO"
County, COL writes from Philadelphia Amount
OF loss at the mine published IN The Herald of the
9Th inst, is greatly exaggerated. Our snpern-
tendent telegraphs: Total loss. at wide estimate
under 5000, and that most nearly all covered by
Insurance."
Father de Smet superintendent reports for the
week ending December %, that 1000 tons of ore
were extracted from first level SOC tons from second
level aud % tons from third level. During the
week 2.O9o tons OF ore were milled. The north-end
tunnel is In 354 feet and the south header Golden
Gate. is in 81 1-3 feet
Official repor from the Cherokee mine state that
the west drift has been run about 100 feet on the
vein from the bottom of the shaft and that over
four feet OF good have been opened Oy the Slopes
end two feet additional on the Josephine ledge.
The mills about So per ton. ONLY ten
stamps are now running, owing to the lack OF
water.