New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-05-03
CLOSING PRICES OF CALIFORNIA STOCKS
SAN FRANCISCO, Tuesday, May ?, 1882.
Yesterday. To-day,


| c.xFp,vcrsco Nav 1.-The feasibility of con-
solidating he Middle and Southern Comstocks rom
: and including Bullion Oh the north to and lnciud-
inc Caledonia on the south, under one management,
making the number of shares 100000, Is being
! discussed. The object Is to reduce expenses ana
continue explorations to greater depths than Yet AT
tanned. .
ported 10 be looking well.
The Alta Mining Company has levied an asses =
| mcnt of 30 cents per share
The Oveman Mining Company has LEVIED an as
sessInent of - cents per share
CONCORD n H.. May John H. Barron and
four other stockholders OF tine New-Engahd ana
OREGON Mining Company have filed bill IN equity
against the company. They ask for the appoint
meut of receiver of the property ana assets OF ne
company pending The decision OF question raised
by the bill, and for temporary injunction restrain
ing the directors from transferring any OF the syn
dicate or other stock OF 10 pay out any moneys Oi
tbe corporation. The defendants are ordered TO APP
near AT the Supreme Court Term III this county the
iirst Tuesday in October. next and also to appear
before the supreme Court for this county, Monday,
the ODD INST, to snow cause why receiver Shouid
not be appointed and ar injunction granted.
The president of the Standard Consolidated Com
many telegraphed officially from San Francisco
Nav /: lowing TO the bad condition Oh our main
shaft and the cracking of the foundation OF h0lst
ing engine and pump, II VIII be necessary 10 sr mn
necessary repairs will consume thirty or forty DAYS
and during that time all work will be suspended
eXcept repairing the shaft but dividends will be
for that purpose"
The Robinson Consolidated mine shipped May l,
81 tons of ore ASSAY ing Is ounces silver per ton.
The facts stated in the fOll)wing letter from the
general manager seem TO account In measure !or
the sudden and mysterious decline III the State Line
stocks which began on Monday, April p:
GOLD MOUNTAIN, New. April 81, 1SS2.
Since my las; report the 20 crosScut has been ad
vanced 5i;L feet-tOal, 1913 fect-thrOngh ground OF
mixed character of quartz spar and clay ana is now in
a slaty formation mach easier to work Have today
made clean up for this month and will tOnisht close
down the mix for repairs The battery dies that came
with the mill having worn out the new sets ordered by
Mr. Parish put ill., hut have proved TO be utterly
worthless crumbling pieces in the battery like loaf
Of bread and IL useless To run longer WIN tnem
have ordered dies from san and Will start
the mill up when they arrive ana are III pace In the
meantime will continue work in the crosscu ana slopes
with reduced force and viii have cycryt IN order by
the time the mill resumes CRUSHING shau take adEau
tage stoppage To on 10 New-York rs can bet
ter explain matters personally than 10y letter During
my absence viii leave my clerk IN charge OF the COM
pany's property. JAMES l.. SLOWER
General Manager.
The annual report of the Little Pittsburg Consol-
idatcd Mining Company, submitted ar the annual
meeting on Monday, shows chat the total surplus on
April l. 1852, ~ l,36l 20; tons of ore settled
for during the year. ~. 3fo-ZOOO; total casG re-
per ton $27 81 l.; average price previous year,
$3s 13. The decrease III the price is ascrlbed to the
Guantity of iron furnished the smelters Tor lux,
which was shipped ore and which averaged from
81 to 50 per ton. The cost of prospecting ami de
yelopmcnt work for the year, including mining of
ore etc was $131. $40 81, The average number of
men employed was 100. The mineral now being
worked i'm New Discovery is largely confined To
stringers and spurs, ana as whole Is not looking as
well as it did a year ago. Recent DEVELOPMENTS in
the Annie property adjoining the Little lIttsburg on
the east seem TO Indicate tuat the north ore body
from the Dunkin and Climax may extend INTO the
Little Pittsburg property A shaft, called No y
Pitsburg, has therefore been started near the inter-
section of the north line of WInnemuck and The east
line of Pitsburg for the purpose OF prospecting this
ground.