New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-07-25
CLOSING PRICES OF CALIFORNIA STOCKS.
SAN FRANCISCO, Monday, July a. 1882.
Saturday To-day
Saturday. To-day

George d Roberts arrived in New-YOrk yesterday
morning FROM an extended trip through the West
Bullion valued at 100000 was received IN this
city yesterday from the mines.
The prospectus of the Eastern Oregon Gold and
Silver Mining COMPANY which has just been re-
ceived shows that that the property of the company
is situated in Eastern Oregon, IN the Blue Noun
tains about forty miles west OF Baker City. Inc
mining claims comprise tunnel right 5000 feet IN
length by 500 feet in width, two claims ,5O0X6OO
feet each on the Monumental Lode aud seven tun-
mel lodes The lOdes reported TO be true insure
veins varying in width from one to forty feet ana
the oIes are ruby and antimOnia silver sulphurets
and old-bearng iron pyrites. A tunnel mas been
driven distance of $50 feet, and from the different
drifts wines, slopes aud uprases there have been
extracted 1910 tons of ore which yielded 800 $3.50
bullion onetOurth gold and -fourths silver or
an average of S73 per ton. 1t Is claimed that sum
Gent of the same quality as that already nlled
is III place III the openings above the tunnel level 10
supply twenty stamps Tor about two years.
The company owns a new 20-stamp stean-power
dry crushing silver quartz mil, with ten stamps III
place and all necessary outbuldings. tramway
800 feet in length connects the bins or the mine
wi In the mill and the Is transported by cars at
an expense not exceeding cents per ton. The
present cost of mining and milling is placed at $24
per ton and this cost 1t Is expected VIII be reduced
at least 50 per ton upon the completion OF the ran,
road TO Baker City the coming autumn. The mill
is 10 be started up as soon as supplies can be LAID
in and The production of bullion with twenty
stamps it estimated viii not be less than $50 DOC
per month.
II: West crosscut advanced distance of %
feet; east DRIFT % y feet north drift, 6Ol2 feet
West drift will have to be run 63 feet to make CON
nectlon with Wine. East drift Is still III ore which
prospects fairly North drifC has not yet reached
ore body"
Father De Smet superintendent reports, July
ION the I'd inst. we sent TO the assay office $40
ounces retorted gold. This was the result of run
of mil for last half of June. This makes very
light months rum but the stuff has been In the way
so long determined TO crush it and have II out OF
the way. he present months run viii also be
light alter which some increase may be looked tor
The north-end tunnel i'll 666 feet, with no lndlca
tons of ore The south header, third level lowest
worklng) Is looking well and samples 80 per ton
His report for the week ending July Is shows that
| 200 tons OF ore were extracted from first level,
l. 100 tons from second level AMI $50 tons from
third level. During the week 2,450 tons Of ore
were milled The north-end tunnel is III 6S7 feet
the Golden Gate crOsscut IS IN l52 feet the Golden
Gate header is in 145 feet and the third level header
In As feet.
Superintendent of Dutchman mine reports July
16: We struck better streak OF ore III bottom OF
west lend shaft, which is mex to Hidden Treasure
The rock has changed materially for the better and
the niue shows u crevlce of nearly two feet lnl
premated with mineral and sold streak OF zinc
blend and copper pyrites. This indicates body OF
mill ore near by"