New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-01-01

SAN FRANCIsco, Dec. 3l.-The year closes on an
extremely dcmoralizel market, especially t0r the
Ccmstock shares Senator Fair, when Interviewed
by the stock Exchange Investigating Commttce
concerning the COmstoCk mines, SAID he still had
great hopes Of developing more bonanza ~ me
lower levels lie was not surprised mat STOCKHOLM
eTs were growing impatient. but sta'ed that every
thing possible being done for their relief, and
that the mines and managers books were open 10
the committee for INVESTIGATION.
The JOINT Ophir-Mexlcan wi ne has passed thr0ulh
poTphyry bowldcr into quartz again. The cros'cutS
east IN the Sierra Nevada AMI Mexican show no
material change. The diamond drill VIII he star ell
next week IN tho east crosscut on the ZOO level oI
Sierra Nevada.
Quariz-carrying metal has been cut in the joint
Sayage-Norcross drIit on the 1900 level.
Relief by the Insol vent Court Is asked for by
Neal prominent broker
January =.
Tombstone. Ariz.. Dee. 3l.-In December Head
Centre shipped $1,000 bullion and Lontentlon
shipped Tl33,1OO. In the past year the OrlAH Crh,
trial Mining Company produced SI,4OOOoO' ana
since june last the Stonewall mine mas J!eIoeI
ihS Bunker Hill, Rattlesnake and Mammoth
claims were sold fsw days ago for $4,000
work on the Grand Central SOuih IS 10 be re-
sumed ON The return OF Lieutenant iiall
+ The Gilded Age resumed work yesterday.
Bullion valued al $239.0l65 81 was received in
Newly ork last week from the mines.
The total sales of mining stock III Ncw-York the
past week arr officially reported by the TWO eA-
changes at 376,5i5 shares.
Referring 10 the condition of the mining industry
OF Coo ado The DtHrT R,Pabiican says:
Despite all the stock bUiag swi dies OF tho past the
mining industry never DerE In 30 heat Au cOh"lo
nor % reputable as Fresh capital IN he hands 81
rttrrW d energetic business men, has bccu fftcy EN-
barred mining during tae current year. ana urcsDy
has tmblcd It's owners with cuudt nee and satisfaction
That .Lcu tul mems are reputable anu prom aDlc
Tue acl uAl ta employed IN mining AIS year VIII
show largtr per profit than IN almost any OF e.
form O.siuc-s luuustry n the Sale ana ch"Ot Ili
10 command h. fuyo. able notice OF Investors.
Iu.t rs a. requires build email business into
large and profitable one, Just 50 II taxes nohi M H
years to change any prospect INTO II weEd Ec"pod ana
sfry prOauCcr. la bpth much de enoH upon the
amount OF money necessary and the aOnliy aud tact
possCs,ed 10y the Infringement -,
Il Is safe 10 say single mining district IN the
state has failed display marked Improvement durns
the ear nnd Ia better shape Tor moved output alI"
tue winter mOntus have pasr,d some counties VIII
snow "A slight falling of in product, but the causes are
fore "a to anything properly pcrAnins 10 mining re
sonrces. Quarrcls among owners or bad management
iociug closing down OF mines or lis "iu IA lhlt
accouut Tor this luck VI material prO-rers.
The miners, mill mon AID newspaP II nave hnaiJ
Joined hands the determination u present accurate
stati-c- regarding the annual production Ol oie ana
bullion IN Colorado, ond ne 'ttIll VIII Oc 81 mueus'
brueft 10 all cltiLeas Of tLestaie