New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-04-14
Total sales for the day. -.
CLOSING PRICES OF CALIFORNIA STOCKS
SAN FRANCISCO, Thursday, April 13, 1882
YeafernaY. To-day
IBr TELEGRAPH TO THE TRIBUNE

BUTTE. Mon, April 13.-The Only Chance Com
pany struck on the 9Th instr at depth OF 45o leet'
a large body of high grade free gold ore. The mil
will be started about the lst of May.
The Alice and MOultOn Companies are both run
ming as usual and are shipping bullion regularly.
The Stevens mine, which has been worked on q
large scale here for the past ear has closed down
because of the deterioration of the ore, which Will
not now pay for working.
Bullion valued at $4,000 was received in this
city yesterday from the mines
Robinson Consolidated manager telegraphed April
-: "Shipped yesterday fl tons: assay 81 ounces.
viii start LOO foot level Saturday or Sunday.
Everything going all right"
Old Dominion Copper superintendent reports,
April 3 Have sunk New York shaft III feet be-
low second level. This week have extended south
DRIFT II feet and north drift feet, and have adj
vanced lower drift i'll Old Dominion 1Ol2 feet. Have
largc force hauling ore to the furnaces"
State Line manager reports, April : Since my
last letter the 67foot crosscut has been advanced
16 feet-total, 1862 feet-through extremely hard
ground. At 133 feet we cut through n 5-nch seam
of quartz mingled with spar, dipping at about the
same angle as the vein on the 100-foOt level. The
ground, since cutting this seam, has grown
softer, and we will be able to make
better Roadway hereafter with the cross-cut In
opening up the Slopes for ore the first level, 1t
has been necessary to cut through great deal OF
very low grade quartz, which has to a certain eX-
tent become mingled with the better class of rock
sent into the MILL but we have now SO opened up
the pay vein that in future the mill will be run on
rock which promises better returns. Owing to the
Il
heads, dies screens and other little pieces of ma
chinery incidental to the starting of new mill, L
have been scarcely able to keep twenty-five stamps
at work steadily. The rock being so hard and tho
gold so fine, as make necessary very fine screens
il is possible to crush little over one ton per stamp
per day On the LIST inst made cleanup of last
months run, and the result shows that the average
of all the ores crushed is between $11 and $12 per
ton Everything is working smoothly"
The mill of the Stormont Company started up on
March 81, and is running at its full capacity 1t is
reported that there are about 200 tons of $40 ore
on the mill floor and that full force of is at
work at the mine.
Standard Consolidated official report, April 2,
shows that the east ross-cut, 1000 level in 760
feet. The total length of the south drift from this
cross-cut is 40 feet The east cross-cut 700 level is
in s33 feet. The total length of west cross-cut No.
l. 500 level, is 3SS feet the face is in very hard
blasting rock The south drift from west crosscut
No. is III 80 feet, the ledge in the face of this drift
is feet wide and looks well. The total length of
the south crift from the top of upraise No. is 81
feet, the vein showing q width of 5l2 feet of very
good ORE The north drift is in 70 feet the vein at
this point is feet wide of very fine ore. On the
3s5 level the vein in the slopes shows width of D
to 80 feet of clear ore. and for the $50 level the
vein is about 10 feet wide.