Volume 15 (1867) (424 pages)

‘Srientific Dress, Our Industrial Progress. No spot on earth possesses, in a greater or more varied extent, the elements of agricultural and manufacturing wealth, than California, Ourteeming soil produces, in the greatest luxuriance, corn, wheat, barley, tobacco, hemp, flax, etc. More than 300 varieties of grapes, from many millions of vines, mature their annual products in perfection and profusion nowhere else excelled. Our mineral wealth, in variety and abundance, is the wonder and astonishment of the world, We already gather a wool product from more than two millions of sheep, with an annual increase of stock and improvement of breed, which promises ere long to place us at the very head of wool growing countries, profusion of water and rapid descent, seem to invite the millright, with his cunning art, to turn the immensity of their watery powers to profitable account. Within a little more than a single decade we have raised ourselves from absolute dependence upon foreign countries for the very necessaries of life, not only to independence, but to a point where we are now ahle to send millions wpon millions of our surplus grain to every quarter of the civilized world. We have now between one and two hundred flour mills in operation, with their numbers constantly increasing ; scores of foundries tofurnish machinery, not only for our own supply, but also for the use of countries to the north and south of us, to the islands of the Pacific, and to the opposite coast of Asia. We are also furnishing our own manufactured sugar, ourown cordage, our own chemicals, our own powder, and, to a great extent, our woolens, our boots and shoes, our cottons and tweeds, our printing and wrapping paper, and hundreds of minor articles too numerous to mention ; but all of which enter, more or less, into our daily consumption, and for which we have, until quite recently, heen dependent upon Eastern or foreign manufacturers, Of a verity, California is rapidly becoming a manufacturing, as well as an agvicultural and mineral producing State! The teachings of true political economy, which haye been sadly neglected by many peoples, who have for centuries struggled for a bare existence among the nations, have been better understood and more readily received by the legislators and capitalists of the rising Empire of the Pacific. The ruinous course of importing the necessaries of life, instead of producing them at home, and of sending abroad our raw materials, to be returned again at atwo and three-fold increase of value by foreign labor, instead of manufacturing them at home, was early foreseen and guarded against by our people. We aro already heginning to reap the rioh reward of such foresight. Even the extraordinary high prices of labor and money, which have necessarily prevailed here, though strongly militating against such a policy, has nevertheless failed to daunt or discourage those who have determined to lay aright the foundations of a State which is destined to rise on these Pacifie shores, with a rapidity and might no where else excelled in the history of the whole world. We have been led into these reflections by some hasty visits the past few weeks, fosome of the prominent manufacturing establishments which have recently gone up iu our midst, and whose progress and importance we propose to illustrate in afew brief articles from time to time, as spaco and opportunity shall present. The first article of the serics appears in another column to-day. Woopwarn’s Garpens Sr, Anrap.— Tn addition to the many other attractions afforded in the way of amusement and instructiou at this delightful place of resort, it will he seen that a grand instrumental concert is given every Saturday afternoon, and on Sundays a concert of sacred music appropriate to the occasion, Our numerous rivers, hy their. New Patents and Inventions. Under this heading we sball mention, from week to weel as occasion whe demand, New and Important Invenee also, the List of Patent Clalms recently issued from the U.S. Patent Office to inventors on the Pacific Coast, and other Patent Issnes which we deem of local in: terest to readers on this side of the Continent Most Patents on this coast are secured *hrouzh the MINING AND SCIENTIFIC PRESS PATENT AGENCY. Weare prepared to obtain from Washington, with despatch, copies of auy Patent issued. PATENTS RECENTLY ISSUED, 67,445.—Furnace FoR Roastine ORES.— David Jones O'Hara and Clark Brown Thompson, Empire City, Nev. : We claim, Ist, The combination and arrangement of the hinged circular plate, E, E’, with the inclined ohlique hoes, a, a, a, a, all constructed as shown, and attached to the endless chain, D, substantially as and for the purpose specified, 2d, The arrangement of a series of firechamhers, G, G, along the sides of the ore chamher of a desulphurizing furnace, at intervals of ahout twenty-five fect, substantially in the mauner and for the purpose set forth. 67,483.—Gane Prow.— Robert French Camp, Cal.: T claim the hend-piece or flange, in combination with and forming part of the standard, in the manner and for the purpose set forth, 67,512.—Monz or Feruentine Liguips ror DISTILLATION AND OTHER Purroszs.—R. De Heureuse, San Francisco, Cal. ; I claim the introduction of air of the proper temperature and moisture, and in the proper quantity, into the fermenting substance from below, for the purpose of more thoroughly fermenting the whole mass, aud to control the progress of fermentation, substantially in the manner described and set forth, Baxter, RECENT INVENTIONS. McCarry’s Inprovep Newspaper Fir. Mr. L. P. MeCarty, of this city, has suhmitted to our inspection a newspaper file, oonstructed simply of stout wire. It is cheap, durable, readily managed and not easily broken or thrown out of order. The sheets are firmly held in chronological order, and hy its nse there is no necessity of punching holes through the paper, as is usually required in newspaper files. <A piece of wireof any desired size, having a loop at one end, is douhled upon itself, by means of a coil or coils in its center, these coils when the wire is douhled over, forming the upper end of the file. The end brought down thus, acts as a lover, and has at its lower extremity a hookor catch, which clasps the under rod. By this means a file is formed which will hold auy number of papers, by having the pressure evenly distributed the entire length of the paper. The file heing easily operated, and not liable to get out of order, seems to he much more convenient and desirable than any newspaper file with which we have met. Application for a patent for tho same has becn made through the patent agency connected with this office. A New Concentrator.—Tho Mnterprise says that a new machine for coucentrating tailings has heon invented and tested by a miner at Virginia City, named Holden. Tt has been put in operation at the Ophir mill and bids fair to prove a success, The tailings concentrated by the new pparatus yield about $200 per ton. Mr. Holden is also the inventor of animproved safety hook, a patent for which has been applied for, Hypravnie Gorn Guzimaner. — Charles Schofield, of Havilah, Kern county, has invented what he calls a hydraulic gold glean-. er, which is descrihed as follows by the. Courier of that place: ‘‘The crushed rock is conveyed through sluices into a hox with a seive for a hottom. About six inches helow this is another box, the bottom of which is lined with quicksilver. Water is conveyed from any desired hight hy means of a@ pipe, and flows up through the sieve. This action of the water carries off all the jight gravel, ete., while the gold, sulphurets, etc., resist the action of the water, and fall ‘through the sieve into the lowor box containing quicksilver, where any desired number of faucets are affixed, with which to regulate the current of water flowing up through the sieve, and at the same time to draw off the sulphurets. One of these is now in operation at Bibler’s mill, near this place. The inventor offers $100 per ounce) for all the gold which may be extracted from the tailings of this machiue.” Bie Guns,—According to the Amny and Navy Chronicle, 25-inch guns, burning 275 pounds of powder, are to be the artillery of the inture, Weekly Stock Circular. ; Of Assoviated Brokers of the 8. P. Stook and Exchangs Board. San Francisco. Sarurpay Mornino, Septembor 7, 1 City Stocks. The open sales of city stoeks continue on a small scale, and during the past week bave been restricted to a fow companies; however, a better feeling is expected to prevail in the course of a month or so, when, as usual during tho fall montbs, tbe interest in mining stocks will be less active, and more consideration will be given to other investments. Considerahle sales of San Francisco Gas stock were made at $66 50@$67 per share. The usual monthly dividend of % per cent. on their capital stock, amounting to $30,000, has been payable since the 2d instant. Califcrnia Steam Navigation Co. is in slight request, a few sbares selling at 713g @ cent. The stockholders of the California Building and Loan Society will hold their annual meeting for the election of Directors for tbo ensning year on Tuesday, September 10th. Legal Tenders haye been selling at 714 @713; cents. The sales in tho Stock snd Exchange Board in the) month of August for the past four years compare as) follows : August, 1864. § €39,063/ August, 1866, August, 1865. . 4,292, 618) August, 181 It will bo noticed that the business of the Board has . been vastly sugmented in August of the present year ss compared with former like periods. Tbe nearest approach to the trausactious of last month was in May, 1365, when tho sales amounted to $5,655,549. Mining Share Diarket. Since our last reference a general degree of activity manifested itself throughout the whole list, and the intervention of the election for State and municipal off. cers, though one of the most exciting contests ever experienced in this city and State, has had no very marked effect in decreasing the dealings. Tor the most part, however, prices baye declined from our previous quotations, owing principally to “bear” operations upon several leading stocks, Several companies bave already announced their dividends for the present month, and most of the other companies usually embraced in this list will follow uext week. The bullion product of the Comstock Lode, for the month of August, from present information, willnot be as large ssin July. Most of the companies performed a large amount of dead work, frequently ocourring in all mines, which may be assigned as one reason for the lessened production; while others have been engaged in sinking new shafts and placing hoisting machinery, ete., together with preparatory work for the coming winter. This extonsive argentiferous lode needs only further development to prove its grest value, and it is to bo regretted thst operations upon that much needed work, tbe Sutro Tunnel, were not commenced at the agreed time. This delay has already induced tho Savage company to withdraw from its stlpulated contract, and other companies take littlo interest at prescnt in the enterprise. That this great work will ho accomplished no one will question, hut it shonld ho done as speedily as possible, so as to avoid the enormous outlay of money which is at present required to cxtract the precious metals, Yesterday the Board inaugurated open or informal sessions, the morning session continuing from 10%; to 10°54 o’clock, and the afternoon session from 244 to 2% o'clock, The regular sessions will be held as follows: Morning, from 11 to 12 o'clock; afternoon, from 3 to 3% o’clock—as formerly. Tho differouce between the open and regular sessions is that at tho former the public are admittcd and can bid through their hroker only, while at tbe latter none but members can participate. The same rates will he charged at the informal session as at the regulir Board. Hatz & Norcross—has again mado its appearauce in tho market, one foot selling on the 3d inst. at $2,500 seller 60, and on tho 5th two feet were disposed of at $2,400 seller 60, aud $2,350 seller 30, respcctivoly, and at close selling at $1,900 seller 30. We learn that during tho month of August 3,117 tons of ore were reduced by enstom milis for this company, showing 2 65 per ceut. assay yield of $121,578 in bullion, which is equal to a fraction over $39 per ton. It is believed that the returns from the mills will fully come up to the contract requirements. During the month of July the 65 per cent. product of 3,278 tona of ore amounted to $133,906, or $40 85 per ton. SavacE—was dealt in to a very large extent, under a strong effort to bear tbe stock, and the large amount upon the market produced a recession early in the week, when it fell from $205 to $190 seller 30, advanced to $215, then sold at $206, and closed yesterday at $195. We aro informed that the average width of the ore opened on the Potosi body, on the two floors of tho seventb level, is from eight to ten feet, and that its lengtb had not yet been ascertained. The water has now been nearly drained from the north winze on the seyenth levol, and work will soon be resumed at that poiut. Inthe south mine the drift from the third level has heen connected witb the main south winze, and is reported to be in good ore. Tbe bottom of the winze sunk from the third to the fourth level, which is now fifty feet in depth, is entirely in ore, and a cross-cut westward has developed six fcet more, ssid to average $75 to the ton. During the week ending August 31st, 2,095 tons of ore wero taken from the mine, showing an approximate yield of $31,382, equal to $38 84 per ton. Of this amount the north mine yiclded 1,175 tons and the middle mine 747 tons. The receipts of bullion will be fully as large as in July; the exact returna have not yet been received at the office in . this city. A dividend of $12 50 per share will be disbursed to tho stockholders on Monday, the 9tb inst., and . acash surplus of from $70,000 to $80,000 will bo carried . to the account of the prosent month. Kenroucn—is iu much less favor, rapidly declining from $305 to $229, then selling at $260, and closing yesterday at $240. The bullion obtained froin 2,657% tons of ore reduced during the month of August, amounted to $104,215 against $125,767 iu July, showing a yield of $39 21 to the ton, and deducting all the expenses, which are given at $24 66 per ton, produces anet profit of $14 ‘perton. The quality of the ore is not so good as tb: extracted in the mouth of July. Wo are indehted to the Secretary for tbe following abstract of the monthly statement: RECEIPTS. J Bajance on hand, July oa $ 95,757 75 Bullion in August..104,215 35 $200,973 11 _ DISBURSEMENTS. Dividend. $20,000 00 Orushing 39,861 Labor account. 10,5%5 00 Timbers—212,628 fee 6,978 59 Wood—5134 cords. 714 3T Discount on bars and assay expense: ee 0 Daxesi eee 2, Legal expenses. . Office oxpensos. Other expenses, , 149,252 00 Balance. » $61,721 11 The expenses were considerahly feenen than during the month of August. This sdditional sum wss msinly required for quarterly taxes, supplies, etc. A dividend of $25 per sbare will be psid on and after to-day. Crown Poryr—met with considerable inquiry at fluctusting rates, declining from $950 per foot to $855, advancing to $1,000, receding to $950, aud closing at $950. Tbo winze from the 600-foot level is sixty-one feet in deptb, and in drifting east from it eighteen feet, passed through changeable ground, the first five feet penetrating sinall strata of pay ore mixed witb quartz, the next four feet running in porphyry, then encountered another narrow pay streak of ore, said to average $70 to the ton, and the rest of the drift continued through small seams of ore, all dipping to the west. The face of the winze contains considerable porpbyry. The south winzse on the 600-foot level is down some fifteen feet, and is said te be improving. Three winzes bave been sunk from the 600-foot level, and the ore in them is so hard as to roquire blasting to extract it. Below the 500-foot level, south, the ore is reported to be very good; north, not so good—little more than covers expenses. The average daily product is about 70 tons, Impenut—has been in decided request at enhanced rates, improving from $142 50 to $160, receding to $142 seller 3, snd closing at $146. On the 30th ult. o fair body of ore was discovered on the 371-foot level, and thirty feet north of the suuth line they drifted into the ore about fifteen feet without reaching the east or olay wall. 1t is believed that tbis ore extends to the 230 foot level above, and that from 3,000 to 4,000 tons of a good averuge quality will be obtained from this point, The other levels are producing the usual amount of ore. In August $89,280 in bullion was shipped to tho offico in this city against $99,627 in July. OvEr«taN—bas been comparatively quiet, selling at $67 @72 50, receding to $52 50, and closing yesterday at $63. On tbe 400-foot level they are drifting towards the Mary Amn ground, with the expoctation of finding a bedy of ore whicb was left in early days, and believed to be worth about $30 to the ton. At present they extract sufilcient ore to supply one mill, its reduction capacity being ahout twenty-threo tons por day, and the product sligbtly in excess of expensos, On the 2d inst. $2,500 in bullion was shipped to the offico in this city. CHOLLAR-Pt 1ds the atte of us buyers at enhanced rates, selling carly in tho week at $415@425, receding to $405, improving to $442 50, and closing at $430. During the week ending August 30th, the shaft has been sunk and timbered fourtcen feet, requiring a further depth of twenty-five feet to reach the fourth station, whlch will be 911 feet from the surface. Im tho Peck drift, on the aecond level, they are taking considerable ore from a point forty feot above the track floor. A better quality of ore is said to bo obtained from tbe old Santa Fo level; otherwise, the old works show no material change. It ia said the new shaft carrics clay at the bottom, and msy givo trouble in timbering. Tbe bullion returns for the month of Augnst will be upwards of $340,000; in July tho reccipts amounted to $311,581. Conrmence—has been dull of sale, realizing $70@67. It will probably take some two weeks to asccrtain the existenco of oro in the west drift on the 365-foot level. Moro oro will bo taken from the fourth level than was expected. On tbe third floor they followed a narrow streak of quartz and found a good quality of ore, said to to be somo cight feet wider than the regular ledge. Tbe bullion yield in August amounted to $12,304 17 against $16,527 52 in July. Gotp Hii Quartz—ts also dull at a decline, selling early in tho week at $100 per share, The receipts of hullion in August aggregated $9,771 52, whilo in July tho yield was $10,250 57, Deducting all expenses, a balance of $5,200 remains in the treasury. No dividend will be disbursed during the prescut month. Oprmm—receded from $110 to $95, then sold at $90@85. Tbe new shaft had reached a depth of fifty-two feef on the 4th inst.—being at tho rate of five feet a day since they commenced it. Yerttow Jaoxer—declined from $650 to $540, rallied to $600, then sold at $570@590, and closed at $572 50. We have it from a reliable source, that this company is af present reducing $12 ore, and that the present month will show a deficit of at least $40,000. The bullion product of July and August we have heon unable to obtain, and after diligent inquiry in various quarters, we can give no information whatever in rogard to the present condition of the mino, Danex—levied an assessment of $1 50 per share, or $6 per foot, on the 2d inst. The aggregate sales of Stocks, Legal Tender Notes, ete., sinco Saturday last, amounted to $1,507,493. $3, We give on another page, a tabulated statement of the fluctuations of the principal mining shares ou this coast for the past six months. Weare indebted for the figures to Mr. J. H. Carmany, editor of the Weekly Stock Circular. We shall continue the publication of this table monthly hereafter, iustead of our weekly publication of the sales at the stock board, -

‘Srientific Dress, Our Industrial Progress. No spot on earth possesses, in a greater or more varied extent, the elements of agricultural and manufacturing wealth, than California, Ourteeming soil produces, in the greatest luxuriance, corn, wheat, barley, tobacco, hemp, flax, etc. More than 300 varieties of grapes, from many millions of vines, mature their annual products in perfection and profusion nowhere else excelled. Our mineral wealth, in variety and abundance, is the wonder and astonishment of the world, We already gather a wool product from more than two millions of sheep, with an annual increase of stock and improvement of breed, which promises ere long to place us at the very head of wool growing countries, profusion of water and rapid descent, seem to invite the millright, with his cunning art, to turn the immensity of their watery powers to profitable account. Within a little more than a single decade we have raised ourselves from absolute dependence upon foreign countries for the very necessaries of life, not only to independence, but to a point where we are now ahle to send millions wpon millions of our surplus grain to every quarter of the civilized world. We have now between one and two hundred flour mills in operation, with their numbers constantly increasing ; scores of foundries tofurnish machinery, not only for our own supply, but also for the use of countries to the north and south of us, to the islands of the Pacific, and to the opposite coast of Asia. We are also furnishing our own manufactured sugar, ourown cordage, our own chemicals, our own powder, and, to a great extent, our woolens, our boots and shoes, our cottons and tweeds, our printing and wrapping paper, and hundreds of minor articles too numerous to mention ; but all of which enter, more or less, into our daily consumption, and for which we have, until quite recently, heen dependent upon Eastern or foreign manufacturers, Of a verity, California is rapidly becoming a manufacturing, as well as an agvicultural and mineral producing State! The teachings of true political economy, which haye been sadly neglected by many peoples, who have for centuries struggled for a bare existence among the nations, have been better understood and more readily received by the legislators and capitalists of the rising Empire of the Pacific. The ruinous course of importing the necessaries of life, instead of producing them at home, and of sending abroad our raw materials, to be returned again at atwo and three-fold increase of value by foreign labor, instead of manufacturing them at home, was early foreseen and guarded against by our people. We aro already heginning to reap the rioh reward of such foresight. Even the extraordinary high prices of labor and money, which have necessarily prevailed here, though strongly militating against such a policy, has nevertheless failed to daunt or discourage those who have determined to lay aright the foundations of a State which is destined to rise on these Pacifie shores, with a rapidity and might no where else excelled in the history of the whole world. We have been led into these reflections by some hasty visits the past few weeks, fosome of the prominent manufacturing establishments which have recently gone up iu our midst, and whose progress and importance we propose to illustrate in afew brief articles from time to time, as spaco and opportunity shall present. The first article of the serics appears in another column to-day. Woopwarn’s Garpens Sr, Anrap.— Tn addition to the many other attractions afforded in the way of amusement and instructiou at this delightful place of resort, it will he seen that a grand instrumental concert is given every Saturday afternoon, and on Sundays a concert of sacred music appropriate to the occasion, Our numerous rivers, hy their. New Patents and Inventions. Under this heading we sball mention, from week to weel as occasion whe demand, New and Important Invenee also, the List of Patent Clalms recently issued from the U.S. Patent Office to inventors on the Pacific Coast, and other Patent Issnes which we deem of local in: terest to readers on this side of the Continent Most Patents on this coast are secured *hrouzh the MINING AND SCIENTIFIC PRESS PATENT AGENCY. Weare prepared to obtain from Washington, with despatch, copies of auy Patent issued. PATENTS RECENTLY ISSUED, 67,445.—Furnace FoR Roastine ORES.— David Jones O'Hara and Clark Brown Thompson, Empire City, Nev. : We claim, Ist, The combination and arrangement of the hinged circular plate, E, E’, with the inclined ohlique hoes, a, a, a, a, all constructed as shown, and attached to the endless chain, D, substantially as and for the purpose specified, 2d, The arrangement of a series of firechamhers, G, G, along the sides of the ore chamher of a desulphurizing furnace, at intervals of ahout twenty-five fect, substantially in the mauner and for the purpose set forth. 67,483.—Gane Prow.— Robert French Camp, Cal.: T claim the hend-piece or flange, in combination with and forming part of the standard, in the manner and for the purpose set forth, 67,512.—Monz or Feruentine Liguips ror DISTILLATION AND OTHER Purroszs.—R. De Heureuse, San Francisco, Cal. ; I claim the introduction of air of the proper temperature and moisture, and in the proper quantity, into the fermenting substance from below, for the purpose of more thoroughly fermenting the whole mass, aud to control the progress of fermentation, substantially in the manner described and set forth, Baxter, RECENT INVENTIONS. McCarry’s Inprovep Newspaper Fir. Mr. L. P. MeCarty, of this city, has suhmitted to our inspection a newspaper file, oonstructed simply of stout wire. It is cheap, durable, readily managed and not easily broken or thrown out of order. The sheets are firmly held in chronological order, and hy its nse there is no necessity of punching holes through the paper, as is usually required in newspaper files. <A piece of wireof any desired size, having a loop at one end, is douhled upon itself, by means of a coil or coils in its center, these coils when the wire is douhled over, forming the upper end of the file. The end brought down thus, acts as a lover, and has at its lower extremity a hookor catch, which clasps the under rod. By this means a file is formed which will hold auy number of papers, by having the pressure evenly distributed the entire length of the paper. The file heing easily operated, and not liable to get out of order, seems to he much more convenient and desirable than any newspaper file with which we have met. Application for a patent for tho same has becn made through the patent agency connected with this office. A New Concentrator.—Tho Mnterprise says that a new machine for coucentrating tailings has heon invented and tested by a miner at Virginia City, named Holden. Tt has been put in operation at the Ophir mill and bids fair to prove a success, The tailings concentrated by the new pparatus yield about $200 per ton. Mr. Holden is also the inventor of animproved safety hook, a patent for which has been applied for, Hypravnie Gorn Guzimaner. — Charles Schofield, of Havilah, Kern county, has invented what he calls a hydraulic gold glean-. er, which is descrihed as follows by the. Courier of that place: ‘‘The crushed rock is conveyed through sluices into a hox with a seive for a hottom. About six inches helow this is another box, the bottom of which is lined with quicksilver. Water is conveyed from any desired hight hy means of a@ pipe, and flows up through the sieve. This action of the water carries off all the jight gravel, ete., while the gold, sulphurets, etc., resist the action of the water, and fall ‘through the sieve into the lowor box containing quicksilver, where any desired number of faucets are affixed, with which to regulate the current of water flowing up through the sieve, and at the same time to draw off the sulphurets. One of these is now in operation at Bibler’s mill, near this place. The inventor offers $100 per ounce) for all the gold which may be extracted from the tailings of this machiue.” Bie Guns,—According to the Amny and Navy Chronicle, 25-inch guns, burning 275 pounds of powder, are to be the artillery of the inture, Weekly Stock Circular. ; Of Assoviated Brokers of the 8. P. Stook and Exchangs Board. San Francisco. Sarurpay Mornino, Septembor 7, 1 City Stocks. The open sales of city stoeks continue on a small scale, and during the past week bave been restricted to a fow companies; however, a better feeling is expected to prevail in the course of a month or so, when, as usual during tho fall montbs, tbe interest in mining stocks will be less active, and more consideration will be given to other investments. Considerahle sales of San Francisco Gas stock were made at $66 50@$67 per share. The usual monthly dividend of % per cent. on their capital stock, amounting to $30,000, has been payable since the 2d instant. Califcrnia Steam Navigation Co. is in slight request, a few sbares selling at 713g @ cent. The stockholders of the California Building and Loan Society will hold their annual meeting for the election of Directors for tbo ensning year on Tuesday, September 10th. Legal Tenders haye been selling at 714 @713; cents. The sales in tho Stock snd Exchange Board in the) month of August for the past four years compare as) follows : August, 1864. § €39,063/ August, 1866, August, 1865. . 4,292, 618) August, 181 It will bo noticed that the business of the Board has . been vastly sugmented in August of the present year ss

compared with former like periods. Tbe nearest approach to the trausactious of last month was in May, 1365, when tho sales amounted to $5,655,549. Mining Share Diarket. Since our last reference a general degree of activity manifested itself throughout the whole list, and the intervention of the election for State and municipal off. cers, though one of the most exciting contests ever experienced in this city and State, has had no very marked effect in decreasing the dealings. Tor the most part, however, prices baye declined from our previous quotations, owing principally to “bear” operations upon several leading stocks, Several companies bave already announced their dividends for the present month, and most of the other companies usually embraced in this list will follow uext week. The bullion product of the Comstock Lode, for the month of August, from present information, willnot be as large ssin July. Most of the companies performed a large amount of dead work, frequently ocourring in all mines, which may be assigned as one reason for the lessened production; while others have been engaged in sinking new shafts and placing hoisting machinery, ete., together with preparatory work for the coming winter. This extonsive argentiferous lode needs only further development to prove its grest value, and it is to bo regretted thst operations upon that much needed work, tbe Sutro Tunnel, were not commenced at the agreed time. This delay has already induced tho Savage company to withdraw from its stlpulated contract, and other companies take littlo interest at prescnt in the enterprise. That this great work will ho accomplished no one will question, hut it shonld ho done as speedily as possible, so as to avoid the enormous outlay of money which is at present required to cxtract the precious metals, Yesterday the Board inaugurated open or informal sessions, the morning session continuing from 10%; to 10°54 o’clock, and the afternoon session from 244 to 2% o'clock, The regular sessions will be held as follows: Morning, from 11 to 12 o'clock; afternoon, from 3 to 3% o’clock—as formerly. Tho differouce between the open and regular sessions is that at tho former the public are admittcd and can bid through their hroker only, while at tbe latter none but members can participate. The same rates will he charged at the informal session as at the regulir Board. Hatz & Norcross—has again mado its appearauce in tho market, one foot selling on the 3d inst. at $2,500 seller 60, and on tho 5th two feet were disposed of at $2,400 seller 60, aud $2,350 seller 30, respcctivoly, and at close selling at $1,900 seller 30. We learn that during tho month of August 3,117 tons of ore were reduced by enstom milis for this company, showing 2 65 per ceut. assay yield of $121,578 in bullion, which is equal to a fraction over $39 per ton. It is believed that the returns from the mills will fully come up to the contract requirements. During the month of July the 65 per cent. product of 3,278 tona of ore amounted to $133,906, or $40 85 per ton. SavacE—was dealt in to a very large extent, under a strong effort to bear tbe stock, and the large amount upon the market produced a recession early in the week, when it fell from $205 to $190 seller 30, advanced to $215, then sold at $206, and closed yesterday at $195. We aro informed that the average width of the ore opened on the Potosi body, on the two floors of tho seventb level, is from eight to ten feet, and that its lengtb had not yet been ascertained. The water has now been nearly drained from the north winze on the seyenth levol, and work will soon be resumed at that poiut. Inthe south mine the drift from the third level has heen connected witb the main south winze, and is reported to be in good ore. Tbe bottom of the winze sunk from the third to the fourth level, which is now fifty feet in depth, is entirely in ore, and a cross-cut westward has developed six fcet more, ssid to average $75 to the ton. During the week ending August 31st, 2,095 tons of ore wero taken from the mine, showing an approximate yield of $31,382, equal to $38 84 per ton. Of this amount the north mine yiclded 1,175 tons and the middle mine 747 tons. The receipts of bullion will be fully as large as in July; the exact returna have not yet been received at the office in . this city. A dividend of $12 50 per share will be disbursed to tho stockholders on Monday, the 9tb inst., and . acash surplus of from $70,000 to $80,000 will bo carried . to the account of the prosent month. Kenroucn—is iu much less favor, rapidly declining from $305 to $229, then selling at $260, and closing yesterday at $240. The bullion obtained froin 2,657% tons of ore reduced during the month of August, amounted to $104,215 against $125,767 iu July, showing a yield of $39 21 to the ton, and deducting all the expenses, which are given at $24 66 per ton, produces anet profit of $14 ‘perton. The quality of the ore is not so good as tb: extracted in the mouth of July. Wo are indehted to the Secretary for tbe following abstract of the monthly statement: RECEIPTS. J Bajance on hand, July oa $ 95,757 75 Bullion in August....104,215 35 $200,973 11 _ DISBURSEMENTS. Dividend. $20,000 00 Orushing 39,861 Labor account. 10,5%5 00 Timbers—212,628 fee 6,978 59 Wood—5134 cords.. 714 3T Discount on bars and assay expense: ee 0 Daxesi eee 2, Legal expenses. . Office oxpensos. Other expenses, , 149,252 00 Balance. » $61,721 11 The expenses were considerahly feenen than during the month of August. This sdditional sum wss msinly required for quarterly taxes, supplies, etc. A dividend of $25 per sbare will be psid on and after to-day. Crown Poryr—met with considerable inquiry at fluctusting rates, declining from $950 per foot to $855, advancing to $1,000, receding to $950, aud closing at $950. Tbo winze from the 600-foot level is sixty-one feet in deptb, and in drifting east from it eighteen feet, passed through changeable ground, the first five feet penetrating sinall strata of pay ore mixed witb quartz, the next four feet running in porphyry, then encountered another narrow pay streak of ore, said to average $70 to the ton, and the rest of the drift continued through small seams of ore, all dipping to the west. The face of the winze contains considerable porpbyry. The south winzse on the 600-foot level is down some fifteen feet, and is said te be improving. Three winzes bave been sunk from the 600-foot level, and the ore in them is so hard as to roquire blasting to extract it. Below the 500-foot level, south, the ore is reported to be very good; north, not so good—little more than covers expenses. The average daily product is about 70 tons, Impenut—has been in decided request at enhanced rates, improving from $142 50 to $160, receding to $142 seller 3, snd closing at $146. On the 30th ult. o fair body of ore was discovered on the 371-foot level, and thirty feet north of the suuth line they drifted into the ore about fifteen feet without reaching the east or olay wall. 1t is believed that tbis ore extends to the 230 foot level above, and that from 3,000 to 4,000 tons of a good averuge quality will be obtained from this point, The other levels are producing the usual amount of ore. In August $89,280 in bullion was shipped to tho offico in this city against $99,627 in July. OvEr«taN—bas been comparatively quiet, selling at $67 @72 50, receding to $52 50, and closing yesterday at $63. On tbe 400-foot level they are drifting towards the Mary Amn ground, with the expoctation of finding a bedy of ore whicb was left in early days, and believed to be worth about $30 to the ton. At present they extract sufilcient ore to supply one mill, its reduction capacity being ahout twenty-threo tons por day, and the product sligbtly in excess of expensos, On the 2d inst. $2,500 in bullion was shipped to the offico in this city. CHOLLAR-Pt 1ds the atte of us buyers at enhanced rates, selling carly in tho week at $415@425, receding to $405, improving to $442 50, and closing at $430. During the week ending August 30th, the shaft has been sunk and timbered fourtcen feet, requiring a further depth of twenty-five feet to reach the fourth station, whlch will be 911 feet from the surface. Im tho Peck drift, on the aecond level, they are taking considerable ore from a point forty feot above the track floor. A better quality of ore is said to bo obtained from tbe old Santa Fo level; otherwise, the old works show no material change. It ia said the new shaft carrics clay at the bottom, and msy givo trouble in timbering. Tbe bullion returns for the month of Augnst will be upwards of $340,000; in July tho reccipts amounted to $311,581. Conrmence—has been dull of sale, realizing $70@67. It will probably take some two weeks to asccrtain the existenco of oro in the west drift on the 365-foot level. Moro oro will bo taken from the fourth level than was expected. On tbe third floor they followed a narrow streak of quartz and found a good quality of ore, said to to be somo cight feet wider than the regular ledge. Tbe bullion yield in August amounted to $12,304 17 against $16,527 52 in July. Gotp Hii Quartz—ts also dull at a decline, selling early in tho week at $100 per share, The receipts of hullion in August aggregated $9,771 52, whilo in July tho yield was $10,250 57, Deducting all expenses, a balance of $5,200 remains in the treasury. No dividend will be disbursed during the prescut month. Oprmm—receded from $110 to $95, then sold at $90@85. Tbe new shaft had reached a depth of fifty-two feef on the 4th inst.—being at tho rate of five feet a day since they commenced it. Yerttow Jaoxer—declined from $650 to $540, rallied to $600, then sold at $570@590, and closed at $572 50. We have it from a reliable source, that this company is af present reducing $12 ore, and that the present month will show a deficit of at least $40,000. The bullion product of July and August we have heon unable to obtain, and after diligent inquiry in various quarters, we can give no information whatever in rogard to the present condition of the mino, Danex—levied an assessment of $1 50 per share, or $6 per foot, on the 2d inst. The aggregate sales of Stocks, Legal Tender Notes, ete., sinco Saturday last, amounted to $1,507,493. $3, We give on another page, a tabulated statement of the fluctuations of the principal mining shares ou this coast for the past six months. Weare indebted for the figures to Mr. J. H. Carmany, editor of the Weekly Stock Circular. We shall continue the publication of this table monthly hereafter, iustead of our weekly publication of the sales at the stock board, -