New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-09-07
cLoSIYG pRIoEs or cALIroRNLA SrocKs
sax FRANCISCO, Tuesday, sept. @. 1881.

john Il. Boutwell, of this city, leaves today for
the purpose Of inspecting the Stormont and Starr
Grove mines, the late success of which is in so large
degree attrlhu able To the conservative management
of the we'll known firm of Clark y Boutwell,
Apparently the stockholders of the Iiberuia Con-
soldated Mining COMPANY of Leadville, have de
cidcd that the less said about the company the bet
ter, as at the meeting held at the companys
office yesterday only 7I,s00 shares were
represented, whereas 100000 shares were
necessary to constitute quorum for
the transaction of business, and consequently the
meeting adjourned without considering the subject
OF bonding the mine, for which purpose it was
immediately for the purpose Of paying cInpI"vcI
otherwise the mine will be- closed M once In order
To devise a plan for raising this amount n co,nnitte,
was appointed, which s 30 report at meeting to be
called by Charles q. Williams chairman of the COM
mittee.
1t is officially reported that work on the CoIum-
bla ana Beaver mines. Idaho rs being pushed to the
utmOs' The comDauy's mill Is running full
time The mill foundation has been laid and all tLe
labor avail 'bIe Is being worked. The machinery il
on the ground and the water connections are now
being made. The three tunnels IN the Columbia
minc are being worked by double shifts of miners
The vein III the face has streugt henod since last re-
port, and over three feet OF the ledge ar. now pro
duchg ore OF rcmarkph!c richness. All ores taken
out are stacked on the dump The work IN the
Beaver tunnel Is making Roadway. The face is in
The trustees of the Morning Star Consolidated
Mining COMPANY of Lcadvillc, held meeting yes
terday ut their Office in this CITY and the OH dirc
tors, with the exception of :. V. White resigned
ana the following gentlemen were elected in their
stead watson Is. DickcTnian, George y. Grear
|
Dominick and Charles IT,. ilarTlcy Watson H.
(lckerman was elected president, and William s.
rd OF the Evening STAR nine. W"s elected man
ager OF the mine. The mine thus passes out of the
hands of eX-Governor Routt, Joseph W. Watson
ana associates, and, it is understood, will be con-
sohdatcd Win the property of the Evening star
Company, and DO properties managed and con-
troled by a new corporation in process of or
ganzatlon. The price paid for the Morning STIR
property was 81 800 900.
=, The latest report from the Rising Sun mine states
mat the new machinery is working well at hoth
shafts. The work OF running the 800 level fur, her
west 10 develop tile country 10 the point of contact
No. levels west and No. . level east carry the
VEN III The face and are going forward actively
Inc regular output of from the main shatt
July supplies the mill The general condition of
tdc mine Is good. "
- At Il Stockholders meeting of the Catsltill M,nino
company, whose property ~ situated in Tusraror1
NV. III following trustees were elected for the en-,
SUNG year: q. H. Twichel j. f.. Coleman A
barrih%er, Floyd Garrison and George Wilson Tho
officers elected are: j. t. Coleman, president A Y
barringer, vicc-prcsidcnt; c. II. Twchci treasurer.
tehdent OF the mine. The trcasurcr's repot States
the amount of funds on hand Is $G3 2o5 s. and thai
the company is out of debt.
STANDARD consolidated official report Auunst %
shows that the east crosscut 900 level is in 9si
rect Inc total length of west crosscut is 400 feet
me total length OF south drift from the west cross
the east crosseut, 700 level, is in 14S feet The
west crosscut from the south drift 500 level is In
III ieet, IN very hard ground. Upraise No y from
south drift, 300 level, is mp n feet showing the
ledge feet wide. South drift No y 3s lnys, ''i 10
III from the east crosscut 1870 feet showing n v,n
OF good ore 4 l2 feet wide. The south wln2e from,
5ne $50 level to connect with the 500 level is down
81 feet. The slopes the $50 and 500 levels show
the usua width aud quality of ore
A diyide 81 of $4,000 for August has been do
e en by ne 0ntarQ silver Mining Company pay
Der 10. This makes the total dividends decjarr h,,
the company $3 725,000. ~