New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-06-06
CLOSING PRICES or CALIFORNIA STOCKS
san FRGNCISCO, Saturday, June I, 1881.
TRY TELEGRAM To- THE TRrRrSEl

san FRANCIsCo June 4.-Supcrintcndcnt Mason.
Of the Silver King, Arizona, who has arrived from
the mines says the vertical shaft of the go level
has entered the main ore body, showing its confirm
alton in rich mineral at that depth. He expects 10
reach the centre Of the vein on the 700 level The
Wine running from the IGO level from the shaft is
30 feet below the 500 level and has at no time been
ont Of ore. The LixiviatiOn work are great
success, but only sufficient for the
present 2O-samp mill. No orc has
been extracted below the $50 level. except
that necessary in sinking and drifting for develop
ment. The company COntempatcs building n 60
stamp mill on the ella River when the railway is
finished connecting that district with the Southern
Pacific Railway. Thirty thousand dollars will bc
reserved monthly for this purpose, besides paying
the usual dividend.
Senator Fair has arrived Mt Virginia City.
The latest official report of the superintendent of
lateral since May 20 is II feet the nl-drain in
the main tunnel has been completed to the Comhi-
nation drift over 100000 gallons Of water ow
flowing daily through the tunnel which has n car
ryng capacity of over 10000 gallons daily.
The COmstOck mar ket shows no radical change,
but the bears are shOrting again, ~ they have
always done before 0n the slightest indication of
halt.
Belle Isle has been assessed - cents share
b lion valued Mt 1861 G37 % was received in
New York on Saturday from the mines making n
total for the week Of $i2GO2l 81.
The total sales of mining stocks in New-York for
the past week are officially reported 10y the two FIX
changes at 744.Ol2 shares
Robinson Consolidated officially reports that dur
ing the week ending May - 437 tons of ore were
mined. The prospecting drifts Aud,ma;n south IN
cline have been advanced rapidly as possible
The northwest drift continues in excellent ore, and
tho vein shows very strong. All the reserves con
tnue looking well. survey is being made for the
location Of working shaft ut least 600 feet 10 the
east OF the present workings to strike the main ore
body. The developments now opened show 700 feet
in length of an shute 100 frct in width and the
entire body from q to 20 feet in thickness. Over
thousand tons Of rich ore are now at the SHELTERS
unsettled for On June both furnaces of the
Robinson shelters are 10 be put IN blast. With the
Boston and Colorado Smelling Works Mt Argo a
contract is now in existence which will require
10, 600 tons of ore to fill.
The Homcstakc mine product for May was 5.714
ounces, valued at 1897, 1873 gold. DeadwOOd- Terra
mine product for May was 1858 ounces, valued Mt
$40 l10 gold. JOcuistila mine, Mexico, shipment
bars silver bullion and 2O2 sacks Of ore and tail
ings, tho whole valued at T4,SSS.
Elsewhere i'll THE TRIBUNE this morning will be
found some interesting details regarding the prop
pany. The recent purchase of the Dolly Warden
estate in Park County, Col, Is one OF the most i'm
having bullion-producing record of over nine
years during " hich time moro than 81 900 900 has
been taken from less than two acres of the 125
embraced in the estate. The Dolly Warden, dis
acres of placer claims, with ample water facilities
for hydraulic work, the fall being over 800 feet
Besides the Dolly Warden, tho company owns FIVE
producing mines in Breckenridge, and $50 acres of
placer claims. Under its present able and cOnserva-
tive management few companies offer equally
favorable opportunities 70 those seeking egiimste
mining Investment
The interest in Calaveras centres In the stock OF
the new company which it expected will be listed
next Tuesday.
Chapparal superintendent reports, May %, that
stantly improving an. that the indications are
favorable for soon cutting chute OF GOOD ore 70
the west. Everything is advancing fayonbly.
The prospectus Of the Bradshaw Mining Com