New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-20
CLOSING PRICES or CALIFORNIA STOCKS
SAN FEANCIsCo, Wednesday, oct 10. 1881.
rrY rflrGrArm 10 rna ramrxr.I

SAs FRANcIsCo, Oct. 19--It is reported on good
authority, though nnoicially. that the Sierra Ne
y9da and Union Consolidated joint Wine IL again,
in ore and it ia i'll that the assays h sIcF than
from the first strike
The Imperial Is now ready for prospecting on the
$500 level.
1hirty-ivc men are extracting ore from the Saw
ace 1000 level.
The west cut in Potosi at the 2,4OO level contin-
ucs IN punches Of quartz giving low assays.
Suirp Tunnel superintendent reports that the
header IN the south lateral dnt was III feet in
Belchcr ground on October -. The ledge found in
the south lateral is still being prospccted. The vein
has become wider and Is lnterporsed with clay
seams.
Richmond Consolidated turns out about 81 20. 900
The Eureka Consolidated directors have post
poncd further dividends until the shaft and
hOiSiug works ar" completed
The market is trn with a slight upward tend
ency.
Tnscarora has been assessed - cents per share
Bullion valued at S41.sl ~ was received IN this
city yesterday from the mines.
APorlaud, Me-, dispatch 20 the Mining Associ-
atcd Press, says; " ne Mascot Company, whose
mines are at Gorham, n. H. began work Oh il
Galena King claim Oh August ., and in September
shipped about sevcuty-iyc tons OF ore H. the New
England Smelling Works a. East Boston The
Mascot bids fair 10 Loc0me one Of the big mines OF
1.-THE Douglass copper mine 1t Blue Hill has now
arrived at the producing Stage The furnaces arc
RAINING day and night and are producing lno
grade OF ing0t copper
nc Deer lac Company " MAKING regular alilp
ments OF good ore TO swansea. It's ores are very
complex, and have never yet been successfully
worked in this country.
The Neg-Hampshirc Reduction Company is n new
organization formed for The purpose OF equIpping
such CT the Ncw-England mines with reduction ana
smelling works can insure a ST. dy supply at
good ore Ii has already contracted To cquip the
Mascot miro with concentrating works aud ~ con.
contrate its ore at a satisfactory price.
The mines OF Sullivan and vicinity are doing
good work and good results arc reported from
several OF them"
Atthe annual meeting o. the stockholders Of the
FRISCO Utah. tie following persons elected di-
roCtors for Lo ensuing year Charles q. Franckiyr.
j. q. Brown, William - iiOyt, Allan g. Campbell,
NJ. Cullen, a. Byram and u. Ryan. At subsequent
meeting OF the directors C.G.Irarcklyn was elected
prcaident L. g.. Brown, vice presldeut; William 5.
ilOyt, secretary, and William IT, Van Pclt treas
urer
President Brewster, Of the Columbia and Beaver
mines, telegraphs, October II, FROM Sawtooth
Idaho: " HayC struck Beaver ledge showing large
quantity of good ore. Fully meets expcctatioIs5
NaTkuii suI erintendent reports from South Noun
tain idaho: Small force of men is working on the
NeW,-York, Mona and Avenue mines. Considerable
first aud secOnd-class ore il being extracted The
New-York yields about twenty-five tons of sccOud-
class daily, beside considerable hTst-clsss The
Mona GhOws ledge NJ iEe galena aud gray carbon
ate orc about three feet in width. TIC Aycnue IL
improving with depth. The mill IL running day
and night The furnace will start up as as tho
men to run itaTrive from salt Lake,
Wilma Consolidated superintendent roports
that in September II tons OF were sent 20 mill
producing $40 COO bullion. Previous to September
3, $50 tons milled, yielding $4,000. Aver
main shaft is now down 40 feet and tho bottom is
improving, the ground becoming softer. No 2 east
DRIFT is looking veil. The bulk Of the ore now
being extracted IL taken from tais drift aud it's
per month until the question OF erecting mil has
been decided