New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-12
CLOSING PRICES or CALIFORNIA SToCES
SAN Francisco, Tuesday, oct II, 1881


ni1cs and 3. has arrived. lie pronounce
Inc mill first class in every p1rnc1l,r.
++;,,,. az TLe railroad and are hci',, loaded on
wagons for the mine 4 large force Wi. h. engaged
at once in laying the Wat'rmre ana IH g''''" '"'
The sinking Of the Miller Company main shaft is
advancing finely The Oriental Company mas
erected it, hosting Wilm aad srI.ing has been r.
suIned.
Bullion valued at 3197.377 was received in this
CITY Yesterday from the mines.
RnGin,ou Consolidated shipped October 10, 1856
tons Of ore. assaying 30 ounces silver OF %lO9 per
little Pitfsburg official Telegram. October TO-
says: Shaft house No 3 rittsburs burned last
night Also shait-house No. Anne. Our shalt Is
safe and our loss trllIlng.
The trustees Of the Little Chief Mining Company.
OF Iradviilc decided some time "go to invest thc
cOIuUYl,y's surplu--abogt &l3J, 600 casI-m the
purchase Of a DEVELOPED, dIVIHehd,lHyIhH inning
properly. With this view, Manager wood and other
agents az the company have been privately eAaInu-
ing leading properties in Colorado ana elsewhere.
IiSIO,y understood that desirable property has
been found and the trustees claim That me Li'fic
Chief will soon resume the payment OF dividends,
Rising sun superintendent reports that or" has
been struck in the 800 level, west, which surp'7,"'
the test quality Of orc ever InlIicd rom Inc ''''I
part of ne Iuile. Tho ledge has gradually improved
since it wa- FIRST struck, and shows tree gold.
AMONG the few recent INNING interpretations ~
New-loTk which promise 10 prove clcdll 10 the
promoters is the Br men silver Mining Company,
with c4uital OF - 900 900 i'm 200 900 shares. Tho
English mining expert, Erne { lie Move Foster Jus
received, show that the property Of tie company rs
situated ia Chloride Flat, Mining District, near
Silver City, Grant County, Now Mex
leo. H. consists Of five claims, c0uprs-
ing about ~ acres. The formation is lime
rock underlying slate The latter near the contact
with line rock carries considerable native silver in
lhe form of leaves between the seams, and rich
sDlphid,s in the form of shot. The lime
rock il irregular aud carries mineral in every
known direction. CalC--par. heavily coated with
horn silver pockets Of decDmposcd rock very rich
in chloride 6romidcs and native silver, charac-
terlstics of the mine. The mlneralIIatIon OF the
lme rock appears to increase IN richness as the
depth increases The mine has been WORKED more
or IS actively FOR ten years, but IN very crude
niaLner. Until a recent date the earned
out on the heads Of Mexcaus. Much val liable ore
was stolen by the workmen; but, notwithstanding
all the disadvantages, the sales Of bullion which
have been properly accounted for exceed Z1O,OOO
Ihe greatest depth attained is loss Than $50 leel
ana the indications such az to encourage
Huch deeper exploration. The boundaries
OF tne oTe-bearing rock have not been
Ieachod Oh either SIDE nor at the bottom.
40 Stopping has been done save in the pockets OF
oeooinposed rock encountered by the DRIFT, from
'Hho 10 tlme. The company Owls "a lO-Staiup anal
Baiia ing mil, machine shop and foundry. AT the
ihhe are several thousand tOns of tailings and low
siade ores beside ~ tons OF very rich picked ores,
TOT "Hch lhe company has been offered 100000.
NJ osteTs report under date of August
~, 1901, concludes follows: a" At present the
ihe looks very well, and its prospects are very
e9hrsghg. Ore IN paying quantity has been found
NJ AROUND IL as well as all through IT, and there is
10 IeAson to doubt that the ground as yet uaex