New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-06-12
CLOSING PRICES or CALIFORNIA STOCKS.
SAN FRANCISCO, Saturday June 10. 1882.
Yesterday. Tod.
lBY TELEGRAPH TO THE rRBCNE.l

SAN Francisco June 11.-Transactons in Com
stock shares continue light, and until something
more is known of operations at the North End 1t Is
doubtful If there will be any material change.
l.. Robinson. of the Albion Company, telegraphed
ton hearing closed. Arguments commenced to-day.
Will probably have ruling Monday; feel coniident
in our favor. East upraise shows large ore body.
Richmond has worked over our lIpe 30 feet"
The Day furnace has started up with Il supply OF
material on hand.
LAKE VALLEY, n. NJ June 1O.-The Philadelphia
syndicate finished the inspection OF the Bell and
Apache mines yesterday Professors Cope and Sill
man made the important statement that contact
vein in the Bella clear and well defined, had been
thoroughly examined for over 200 feet lhls TACT
establishes the permanent character of the camp
beyond peradventure, and stamps the mines as the
richest in the country One hundred men are work
ing in the four mines Stores and houses are being
rapidly erected. Walter Z. Hadley OF Las vegas,
N. NJ, is bout TO start newspaper, and genuine
boom has set III. The Syndicate are considering the
ACCESSIBILITY OF erecting additional stamps IN their
mill at once, ana in August will probably declare
monthly dividend of 80 cents per share on the Plata
and Grande. Developments on the Bella and
Apache to be fastened as rapidly as possible.
statement as accurate as can be made after
a hurried but thorough examination gives the fol-
loving as the developments thus far made on tho
Syndicate property. On the Plata JOINT shalt on
the line between It and the Grande has been sunk
90 feet, passing through "a feet inches OF high
grade A drtt from the bottom OF the joins
shaft has been run westerly 81 feet, and still con-
tlnues in very rich About 10 feet west OF tbs
JOINT shaft an open cut has been extended southwest
and northeast little over 200 feet, exposing an
ore bed II feet wide the entire distance. sun
further west an open cut, extending 30O leet mas
been made, exposing the entire distance. At the
end OF this cut an Incline Las been sunk % ieet lO
lowing the vein at slope angle. On the OranGe
the Joint shaft opens a very rlch Dody
of ore 24 feet thick, which extends 10 feet north
of the shaft into the Bridal Chamber"
The ore body filing this chamber Is 10 feet long,
80 feet wide and feet thick as far rs explored,
and consists mainly Of horn silver, closely esti-
mated at ab0 ut 1000 ounces silver per ton: Forty
i've feet north OF tue Bridal ii alnDcf dIIb
has ee II cut, crOsscutng the VEIN l6O feet snow
ing from II TO ID feet III thickness OF mgh giade
ore. From this point the drift has been continued
northerly 276 feet, where 1t forms an open cut,
which is then extended north 10 point near tho
| line of the Bella making continuous stretcn oI
ore OF over 500 feet III the Bella several opchinss
| have been made, i'll each OF which GOOD ore mas
| been mined IN large quantities ana plleu iOr
smelting The StreDy SHAT has been sunk on
an incline, Just under well -delllledcIa WalaIltls
| over 200 teet fol owing the ore body ali the way
Drifts have been extended Ill every dlrecuon.
all opening up ore ready for stamping aud running
from 80 ounces SOC ounces per ton. Norm VI tne
Strictly shaft tie Columbia shaft has Deeh sunk %
feet and crosscuts have been made INTO good ore on
all sides. his Is the original shalt ana on It's rev
elatIons year ago the sale OF the property 10 tne
Pnlladel phia Syndicate was MADE. third sha1t
has been sunk on the Bella near the Grande nnel
exposing rich boay OF ore, pitching at about 81
toward the east. Professor Slnin estimates bhss
there are from $1,000 To 600 tons of ore, ayea'
ing 100 ounces, IN the Strictly shaft and cuts Oa
the Apache several openings have been made, of
the deepest shaft extends only 20 feet. Inc OUT
groupings OH the Apache very rlch and thus fA
the mine promises mach better than GTande dld
with corresponding development. Considerable
ore has been taAcn from the Apache which runs
from 20 to 700 ounces per ton. lne members Oi Ae
Syndicate all express the greatest satisfaction WIN
the examination ot their property. The IMPRESSION
which exists IN some quarters that the mIllIs owned
by the Grande Company, and Will be run exclusively
on its ore, Is mistake, as the mill Is the J9lhss
properly OF the Plata and Grande Companies han
of the stamps VIII run OIL the ore OF each nlne rug
members ot the Syndicate and guests let iaSt nigu'
and will PROBABLY arrive at Philadelphia Oh IhurS
day
DEApwooD. Oak, June 1O.-An extensive cave
occurred IN the Homestake open cut yes.eI1daS
morning Ii is estimated that many ihIiiiph lons
OF ore fell. Asthe cave was antieiP"'eu anu s'''
care exercised 10 one was huI% ta,1 =, tha Teyr.
4 miner named Lewis was kliieu IN VIC i bi
Mine Yesterday by piece or ore IaI,is Vii la
II is reported mat "a the 1eV Old XSe mine owned
erected this summer on tno Ni ~
by the HOmeStake Vonp'n1 80 M, p..
p,TrIr MOUNTAIN, New, June 1o-lhe betty
CJVai ompany laid OIL half Their loiee VI nit.t1 I
an THURSDAY. They are sinking the main s"ai' No
'a nm Gacle Company has about % tons OF goo9
ora ready for the mill, and as soon as me iHs'c An
has crushed the Dahlgren ore the nun VIII iun y"
the company ore
Bullon valued at 100000 was received IN taly
city ON saturday from the mines, hiaAiHs "~'
for the week OF tOOo,o-' 49, VI, kor
Tbe total sales of MINING stocks IN NeW-loih ~.
the past week are officially repotVeu W '"0
changes at 05G, 500 shares. ...
Palmetto superintendent reports June s. tnas IN ~
third level south, Is III 44o leeI-lo pay VV,ors5
breast Fourth level III 353 teet-some Sea''S ain
pay ore fifth level crosScut, ~ W. md level
level south IN D ieet-Ore 10 inches; secohu ios st
south. ia 3 feet--oro "a inches. Durng tho -
1874 tons OF ore were delivered al th9 mil Ia and
second level there are some good bodies ot Yi Ia
in the nth level the ore struck on tho ou A
arsenlcal iron, and looks wen,
------------------- -------------------------