New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-11-16
JLoSTNG PRICES or CALIFORNIA STOcRS
SAY FRANCISCO, Wednesday, Nov. Is. 1892.
IBY TELEGRAPH TO THE TRIBUNE

SAN FRANCISCO, Cal, Nov blowing to tho
unfgvorable reports OF the visiting experts, the
decline from the prices ruling last week.
The outside stocks, especially Navajo and Albion,
are very strong at advanced prices.
HELENA, Mont Nov. l5.-The largest sale Of
mining property ever made in Montana was con-
summated here yesterday. The famous Drum Lum-
mOnd mine situated at MaTysville, 20 miles from
Helena was sold by Thomas Cruise for 81 100000
to the London Mercantile Association, OF London
England. The conditions OF the sale are: $4,000
cash. 100000 il monthly payments of 100000
each the first OF which will lie due February H.
1854, and $4,000 III paid-up, un9ssessable stock
of the company Ii is provided that the capital
stock shall not exceed Il, 800 600 and 500 900 q
stock is to be set aside for working capital.
Bullion valued at $4,000 was received in this
city yesterday from the mines
The cleanup of the Father de Smet mine for the
last half of October yielded Sl7,6l2 ii.
Robert +. Lee Mining Company has reorganized
under the laws Of Colorado, and conveyed all l9
property to the Robert e. Lee Silver Mining Com
vded into 100000 shares of go each This com-
pauy has a stock transfer Office in New York. Tho
change Of officers has not yet been announced.
Vernon Seaman, wellknown TO the New-YOrk
public on account of his connection with the no.
toriOus Cedar Tree Mining Company, well as the
Telegraph Consolidated. North Hite and Yosemite
and Devils Basin Mining Companies was arrested
yesterday. with William Hamilton, upon order
granted by Justice Murray, in criminal action
commenced against them for the circulation OF a
malicious libel against George NJ. Pinney, of the
Inyo Consolidated Mining Company, No. 50 Broad
way, and in default of bail they were committed to
the Iombs.
Standard Consolidated official report, Nov. 8
shows: East cTcsscut, 900 level, in ,063 feet
in f;ty Orable formation, showing some fair quartz
The east crosscut from north drift Is 81 feet long
Total length of east cTUsScut, 700 level Is % feet
and the south drift from this crOsscut is in 23 feet
showing the vein . feet wide. South drift No. 4
800 level, is 10 feet long fhe vein here Is 10 teet
wide. The upraise from this drift has reached
height of - feet where the vein is II feet wide
The upTaise in the north is now up 100 feet, and
is 294 feet long; at this point the vein is z feet
depth of 81 feet. Cook upraise is up 27o feet,
showing the vein feet wide
Bodie Consolidated official report for week ending
Nov !, shows: Ore crushed, II4l2 tons; average
value, $l39 80 per ton; average value Of tailings
rl6 10 per ton. Bullion shipped, $l0,957 rs.
East crosscut 500 level, is now 3l6 feet long, and
north drift, same level, is l40 feet long. In the
latter Drift mere quartz is coming in. The south
drift on the rich vein from the foot of Wine No. ~,
is 3 feet long The vein continues we'll in the
face of the drift The north and south drifts from
Wine No. - $50 level are respectively 50 and ~
feet long. Tho corresponding drifts at the bottom
of that Wine Is and 90 feet long. These work
ngs and the Slopes thercirOm, are turning out very
rich ore. The ore sacked last week averaged
1862 90 per ton.