New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-11-24
CL0SNG P:IcFy o" CtL}fORNTi STOCKS
S,N FGAVgisCn. Wednesday. Nov. %. lsSl.
Yesterday TO-DAY

i,,tlr Nnrut 10, N,y special 81 tho Mining
,..,.iaf.,i Press .p.s: III, Highland Chicls new
,.r.... &C. row IrI.lug very well, aud no delay l.
lat . &c., "it tir.c 10 como. In" water u
Tie r,irc aud the ledge looks ye~y cncougug-
Ia. Nrt, IS .ing pushed nu shl't and incline.
Chloride nine ilcr is every indication that
ii.r IoWrr tunnel i- near he ledge. The upper tan
l i. 'tl, IN oic. aud The vein ~ growing larger.
nc wirlr also continues IN Orc and Is being sunk
rapidly. .:.. g.. ..,,,,,;,,,, ,,,., .,,,. ,.o-,.
Gu,- ,nus u.. "a arcr quantity a. which II rich in
So. pnurcts an. ruby silver w the bottom OF the
, ~, Inc shaft nm "yrs iiCp Orc-bUdY at large size
,,is. and some very ti, prcimsns have been taken
,,t rnfts Nus. and az" being pushed ahead
and have good breasts of ore IN fac. The lower
level hciug now now connected with the incline
shaft y iiac current of air is In continual 'rcnIa
,iou Dre No. l. uo.th advances at the usual
s,ccI and - 80 in ore. Only ono MN Is now run
ming op Start-ttruvr ore, and the orehouSe II thll
'.Thr Taqlc nine ~ coming 10 the front very
r,pilly. AID the Eagle mill is now running on ore
f,om ihi, mine. There are over 10 tons ol nigh
Grade ore on the dumps and tn quantity Is increas
INC daily The new shaft and the new tunnel are
"The Urtty O'Ncal mine made q cleanup last
week on q quantity Of rich ore which was reduced
AZ the EaQc mill. A very small pile of ore yielded
hujlion valued at $50, 600 There is still large
quantity ol the same ind OF ore ~ the orr-houso
which viii he crushed as soon aS the company can
have the use OF the mill again. The lower levels are
looking we'll. ., ,, c
solidated Mining Company shows that the base
lullion product for the month of October Amounted
10 nearly 38i tor q. valued at $1l5,002 10 Among
tho expenditures for the month are FOR mime ae,
count. S-i3, 1913 Of; smelling, ,S3il SO; legal
Ga penses. ST. GJ -; freight, refining, etc,
SgJ7i7 81 Approximate net earnings for the
month S12 l7G '2. The disbursements OF account
oi the new shaft (S4G.Il0 ~ are not Included III
the list of expenditures. On November IL there
was on hand Sl2I,3GS 81 cash, and nearly t2o
tons base bullon, valued at T32,136 40. Tue va
hiiitics amounted to Ss,70S -. Approximate net
resources. S1IS l10 81. ,,,,,
Concerning The InyO Consolidated Mining and Mill
mo Conpany The limo independent of November II
has the following: :. Superintendent Pheby OF the
Inyo Consolidated Mining and Milling Company, Is
nc y, engaged in extracting from the lltleChei,
wyoming, Eureka and Independence Mines. INC
rompany have a number of other good paying
mines, but have not the men at present to work
them all As soon ~ the cOmpanys stores arrive
from san Francisco, $50 men, including chloilders
and others. will he employed. There Is now az the
iiill about 800 tons of fine ore, which Will I've
wnrkcI az soon os some little repairs are completed
on the mill Pack trains are busy getting in wood,
o,,d ore is being delivered at the mill by traDway.
IA sc,n as repairs completed, long and proht-
obIp r,In will no doubt bc made, which viii enable
the company to materially increase their dIvi-
dends."