New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-11-08
CLOSING Prices or CALIFORNIA STOCKS
san FRAScSCo. Monday, Nov. :, 1851.

The break in the Robinson Consolidated stock
was the chief topic of conversation Yesterday on the
mining boards and the office OF the company was
crowded with holders of stock anxious 10 know the
calise of the decline, and whether the bottom had
been reached. The officers of the company Brayton
Ives aud = '. White who are among The LARGEST m
diyIdunl owucrs, have been continuous purchasers
of the stock and while 1t ~ not believed that they
were instrumental In breaking It. II Is evident they
not at all sorry tor the decline ~ u VIII ehanie
them 10 increase their holdings ut low rates IL Is
stated on good authority that prominent New
Jersey state officials who are Interested in the
broken Newark bank disposed OF IA lot OF 3,OOD
shares on Saturday. purchased ut much higher
figures than Ruled yesterday. Il X well known TO
many personal friends that Thomas living. the
manager Of the mine. AMI one OF the largest owners
II the stock during his vsit To New York last
n onth expressed himself in favor Of paying div
ldend for November ot - per share. and gave his
assurance that the mine was fully able To- MAINTAIN
such dividends for the futufn The value oi the
property is thus apparent, and anxious holders OF
the ii oo should make careful investigations a. To
tho truth or inl,ity of adverse rumOrs. All things
considered tho decline Is one of the most mystic
rpu. movements that has occurred IN the street !Or
many day; but il ia none The less probable that
holders OF the stock Will receive larger dividends
than ever hereafter An official dispatch OF Satur-
day from the muo states: Have shipped to-day
IOl tons The body of ore rs increasing IN width IN
thr 700 foot level Vino. VIII have IN NOO-iOOt
level i'm forty-cght hours Since then the prcsI-
dent OF the company has received telegram stat
inc that ore has been struck IN the 500 level \
nrrsnuol friend of j. VI. Marlen. the financial
agent of the Chrysolitc Company az Lcadyillc tee-
GRAINED him on Saturday concerning the break III
tLr stock and requested hIm to examine the mine
and Telegraph the result The following received
Yesterday is his reply: Nothing tho matter with
E,biuson II IL the best mine in America, and
never looked better than il does Odny.' J. Is.
stevens acting manager tclegraphcd yesterday ~
rcnly TO injuries concerning the PR pcrty: " Mine
iooking well az ever. VIII pIodt &c same as last
month and keep it up. Nothing wrong at this
end" -
this city Yesterday from the mines
The Little Pittsburg mine shipped for the week
ending October 81, l37 tons of ore settled for pa
tons and has n balance unsettled Tor Of ~ tons.
In October the mine shipped GlS tons and received
cash -, 7}2 81. Average per ton, 81 OF.
Oriental superintendent reports, October % I:
" Have advanced drift ten feet and sunk shaft
six feet Have three feet of IN drift that show
some free gold and horns well. The portion of tho
ledge the shaft cuts is looking well. Depth of
shaft l73 feet. The whim is working nicely"
Miller superintendent reports, October -: "The
shaft has been sunk six and halt feet the past
week The ground so far has been very bad, but
| think We are through the worst Of it, and will be
able TO make better Roadway hereafter"
The Official report of the state Line manager,
dated October ~, received by mail in this city yes
tcrday is but a confirmation of the dispatches
which have already been published in THE
TRIBUNE. Work is advancing at the mine. and the
pipe line is being laid rapidly possible with
force of f0rty-ive men, Timbers for the main water
reservoir Above the mill capacity ten to fifteen
thousand gallonsl had been framed and work was
being pushed on the foundation.