New-York tribune., 1881-12-14
CLOSING PRICES OF CALIFORNIA STOCKS.
sAs rNAN-L,co. tuesday. Dec. -. ISL.


SAN FRANCIsco. Dec. 13-A drift has been
started north from the McMrau-l mon WIlI' on me
. 200 level To meet a drift which is 10 be run south
nom thr drit Just completed between the Union
Consolidated shaft and the iniou-NleTit Joiut
winzc These drifts Will mc't nj poIhi NHtfc J.,
has long been predicted the Union 'o'H"i'"H''"
Thc interest of dealers still centres in Union Con-
,olldatcd, with the movements OF Tli''h MeAlc'h
and Sierra Nevada sympathzc slightly.
No rise is expected in tho Boston stocks until
II, The 81 Bechtc annual report shows 100000 dis
OI{SGI R@ntr fo' Cal. Dec i3-Durinc the past week
Standard Consolidated shipped to the mlll LISP
tons of ore average pulp assay, so 81 crude hul-
lion received. $3.50 ounces. Shipped to the com-
many So 79I 10 ,
PITyi BSiig Consolidated average pulp assay for the
The Bodie funnel Mill is running satisfactorily
The Union Consolidated north drift, on the Ban
ncr vein. is very rich Ayeragr assay 9249 per TON
NoOnday produced IN November TlGiJ' II, auu
North MONDAY produced Sibo' 3D.
Rulliou valued at $4,000 was received in this
clty Yesterday from the mines.
Completed accounts of the llomestake Mining
Company for October show net bullion product
SIO5 A3:}; expenses. $iG.Jl5; dividend T3O.Ooo
addition to surplus S9,2sS, making total surplus
Sg45 DO2 on October 81.
Robipson Consolidated manager reports, Decem-
hcr 7 Enclosed Won will find financial statement
Tor the month of November aud vouchers TO corre-
spond The expenses are less thah LOT the piecculk
month though general expense account was IN
creased
notcnts for some Of the companys claims. There
viii be n further decrease i'll mining expenses
for December some twenty men , ia, In, ing ii Irru
dropped from the roll However, tho average snip
ment of 100 tOnspcr day Will be maintained.
"'The output of ore for the week ending DeceH per
3 vas 10 tons, and Tor the m9ntn Oh NonJii%Jl %
. $50 tons all being shipped to the Boston ANA Col
orado Smelling Company, Argo ana the La lIata
works, LcadvIile The ore for the past week has
heen of better grade than for the two weeks pieN-
Gus. We started the ninth level on saturday night
and will have 10 run il about slNty-hVc leet before
striking the ore body WI, WilL use use every eAerti0n 10
1.-The east shaft is down PIT feet. we were so
troubled with water that It was necessary 10 PUT III
No. Blake pump WGh VIII H. hu'e % ~ w We onJ aid
condition; everything is looking and progressing
| we'll Mr. Macdonald our foreman, has resigned,
| and have employed John Eva, good miner OF
many wears experience. All Oillsu up TO the lst of
Lc month were paid the 9th inst, except Tor In
| gersol drill. which has not yet arrived"
The stuatiOn yesterday was by no means re-
assuring to the stockholders. Senator Hill, who
was I'm this city on Saturday morning, stated to
officers of the Robinson Company that he beloved
in the reported value of the property and still re-
tuined the stock which he had purchased at
| higher figures. On Monday it was gencr,
| disposed of the entire amount OF stock
which he had held, and telegram from him was
| shown to this effect. Since tho beginning OF the
break in the Robinson stock the most contradictory
r,ports have been published i'll the Colorado papers
concerning its and the condition OF the mime
Various persons who were presumed to bo well ac-
ouainted with tho condition OF the property were
renorcd to be heavy buyers of the stock on the de-
| cline Among these was mentioned the name of
| Manager Wolcott, of the Boston and Colorado
Smelling Works, who had been through the mine
saveral times and was enthusiastic III it's praise. A
nriyate telegram from Mr. Woicott on Monday to q
| prominent New-York stakeholder stated that Ex-
pert Palmer, who had just examined the mine, had
| reported unfavorably.
The following statement was telegraphed yester,
| day by well known Denver capitalist to friend
| in this city,
The following illustrates the method by which the too
conddIrg public was swinded In Robinson during the
mast three weeks Ewing reported several days before
the vein eighth level was struck, that II was opening
mn splenddy aud paid the employed In that level "
renort large bodies OF high grade convincing
miners on other levels aud influencing them 10 make NJ
noos 10 buy the stock He arranged for empoye "a
take Ashbuners samples and TO select best which
| waa done Tue samples whoh were selected were sur