New-York tribune., 1881-12-14

rendered to Ewines assayer and changed, anG
richer substituted AT any r1e the
oactoo and asseving of his samples TO men VINO weIS
in the employ Of and under the conU VI lima Of the
lively his assays do not represent the u na 10 not
ore and his estimates are grossly incorrect Inero ds o
In the mine $4,000 and 1t may Dc eOWPai0N ~
with all the meat extracted .o.
The president of the company stated TO reporeea Tue
of TUF TRIBUNE Yesterday that every euol. vac
being made by the officers OF the company 10 w
tain the truth in regard to the condition Oh I9 I NJ
that with a view to this end they had TequesIeu w
Asbhnrner to revisit the mine lnnledlatcly aliu
make a supplementary examination au4 lepUloo oo
and that he had by telegraph IRON San ~ 70
agreed to dO at once, and II now supposeu 81 I
oS route for the mine Mr. SymlngtOn, one Oh cne
directors left NewYork on Thursday evening WIN
view thorough inyestgatISh dGre a9u of fhe
many promise the fullest possible lni0ruaeiolI W W
their stockholders as as they are aDle 10 Iri'o
Tb actin1 superintendent of the State Line mines
Nos . and 3 reports November %: ne He'ei, @
onment of the springs has been gong steaully @ oI
during the past week, and on wednesday IaSV az ~ -
n"rto1t strike was made i'll q tunnel being run 10
ran one of the Stewart springs. stfong scam ~. on
CLAW was encountered and on penetrating ~ tt Ma'n
gnsbed ont and has since been flowing coiistalsU
stream of over an inch This does not appear 10 al
feet the surface spring, and is doubtless derived
from different source. think we can saIey count
this as clear gain. At the other springs te "''0i "
gradually increasing as work goes on ,o ti,o
"The Inachlnist of the mine mas LOT sole .Iiih i
past been engaged in making new loig5 rOl hsing
LAYING the pipe, the ones accOmpanylns IL pe!nE
found insufficient for the purpose Inc use VI % .o
new tOngs has produced q marked e1ecI III tno t'
amouut of pipe laid daily. The lowest depression
i'm tho nine line about six miles from the nne, was
reached on the evening of the 27th ana WAFER IL
now flowing to that point II ,22O feet OF pipe nay
inc been laid in nine days. AT the mne the mani
sh1ft has been sunk % feet since ny last, and ls
now 2OI feet in depth. The carpenters nave mn
ished work on the main tank and are now ehgaSeu
i'm setting up the feed tanks for the MIL: , TO-
4 circnlar issued by the trustees OF the Treen
Mountain Company yesterday to the stockhoIdGIts I
states that owing to extraordinary expenses at the
mIrc and the purchase OF an adjoining property as d
Jmmping ground for the large quantity OF talhnES ms
from, tue mill it has been decided TO suspend tue
povmrnt Of dividends temporarily. ILe talIiuPs
rom the mill had on several occasions caused Inc
inundation of portions OF the property when was
nurchaspd thus rendering the company llaDie 10 y
suit lor damages 10 avoid which ana to proyldc he
NECESSARY space, il was compelled to purchase Tue
entire ranch consisting of $50 acres, ut cost OF
$40 500 The production of bullion was noI SUI
icent above the dividend. TO provide LOT uia
Indebtedness The circular concludes WIN tle
statemcnt that the shareholders can feel luily
assured that the property Is in splendid cOhultoh
of advanced development, with very large reserves
of standing ore q perfect equipment, ana klNeH
assurance of the maintenance OF dlFldcHGs tof q
joug period of time; and the present indebtedness
ol tLe mine can be readily paid from the prOuuc ts
within a very short period"