Volume 24 (1872) (424 pages)

April 13, 1872.] SCIENTIFIC PRESS. 229 Hvatapar.—(Some paper Mar. 30:) J. Leopold exhihited to ns yesterday specimens of ore from the mines of Chloride, 5 miles from Mineral Park. One specimen was taken from the shaft of the Silver Hill Co., at 120 ft. from the surface, and another was obtained from anothor shaft on the gronnd of the samo Co. at 80 ft. from the snrfuce, hoth of which aro oxceedingly rich in silver. The lowest avorage assay value of this ore, is $213.56. The ledge is 7% ft. in width and increasos in richness with depth. Thoy areengagod in driving a tunnol to tap tho vein, having commenced operations simultaneously on both sides of tho hill. Specimons of ore ohtained from the Pink-eye, 10 ft. from the surfaco, assay as high as $1,500 per ton. Work is heing vigorously pushed, and they aro down 30 ft. Sinking on tho Diana ledgo has reached 40ft. Tho assays of ore are various, but in evory instauce execedingly rich. All tho ledgos that have heen prospected aro looking well, and ovory offort is heing made to develop them. Mr, Cover'’s smelting works are going up rapidly. Thero is a sufficiont quantity of ore on the dnmps to keep these works employed for at loast 2 yoars. The average width of tho ledges throughout the dist. is about 20 inches. Colorado. Ivems.—Colorado Miner, Mar. 28: H. Utter shipped on acconnt of owners, during March, 170,000 lbs. of smelting ore to Black Hawk. Thero wero crushed, sampled and sacked, at G. W. Hall’s mill, during March, 120,957 lbs. of smelting ore, Palmor & Nichols who have shut down for repairs, have started up again. Baily & Nott shipped during March, ou accouut of owners, 9074 tous of smolting ore. This firm have on haud, ready for shipment, 250 tons. The value of the oro shipped and on haud will reach $140,000. Sxow & Co. seem to be cracking away hravoly in the Butler lode, Gnunell Hill. The main shaft is 35 ft. in depth, carryiug arich vein of ore. Tbe works have bsen put into first-class order. J. W. Cuaryton, of Nevada, has placed upon our table a retort weighing 100 ozs., tho result ohtained from his stamp-mill from 9 cords of ore from the claim of Roherts & Co., on the Kansas lode. THe Cook property, on tho Gunuell lode, that has lain idle for so long was leased a short time since to Richards, Grow & Co. During the present week 5 cords were treated at Kimher’s mill, Blac Hawk; yield, 9 ozs. per cord. ‘ Rorerts & Co., on the Kansas are working the Ophir G. M. Co.’s claim. Throughout the mine, in levels, stopes and shafts, the pay oro averages 30 inches in width, 1-class ore selling for $85 per ton, and the 2-class paying 11 and 12 ozs. per cord under stamps. Bounprer Co.—Cor. same: Three Cos, are working on the Celestial lode, in Ward. They are taking out a good quality of ore, and have about 10 cords on the dump, ready for milling. Jow Lone and Chas. Holverson are at work on the Columbia, and have ahout 5 cords onthe dump. L. & H. will soon start up their 10-stamp mill on Left Hand. ALBERT OsBoRNE will commence work in the gulch mines on Four-mile creek, as soon as the water starts running. Bovrprer.—The North Boulder ditch rnnning from Graham’s old ranch to the White Rock Mill, is to be enlarged to 6 ft oa the hottom, and will carry ahout 3 ft of water. At Switchville, Williams & Mitchell are sinking on their lode, and are down 20 ft. At that depth, tae ore is runtiing from $350 to $800 per ton. Amasa Bixhy and Tom Davis, think they have discovered the extension of Williams & Mitcholl’s lode. The ore looks well at a depth of 10 ft. Idaho. Warren’s Caur.—Cor. Lewiston Signal, March 16: Both the Rescue mine and mill are infull operation, On the 10th they expected to make a clean-up of a 2 weok’s run. The prospects look as well as ever, if not better. A second chimney of good ore had been reached iu drifting east about 200 ft from the terminus of the tunnel. Tur Minrs.—Walla Walla Union, March 283: A busy and prosperous season is anticipated by all. In Warrens’ diggings everything is being put in readiness. In the Oro Fino dist in the vicinity of Pierce city 2 new ditch was completed last scason and there will he an abundant supply of water. At Florence, one Co. commenced work ahout 2 weeks ago, and others were preparing to follow. In the Elk City camp the Chinamen have commenced working their claims, and expect a long season as the snow is about 10 ft deep on the summit. On Newsome creek the miners are getting to work, all the hydranlics heing in full operation. Montana. Dianonp Crry.—Helona Gazelle, Mareh 25: The mining interests in old Coufedorate gulch presont a livoly appearance, and several Co.’s have boeu drifting and washing up dirt all wiutor wiih very rich results. D. P. Rankin is runniug his claim wight and day, and employs some 10 men. Tho har diggings will he started up immodiatoly. Michacl Welsh, of LX! Dorado Bar, is making proparations to commence work on an extensive scale next week. Tug Rupuction Worxs.—Heleua Merald, March 28: This morning tho largest silver hutton ever cast in this Territory was tnrned out at Works. Its weight is 308 lbs, and its valuo is upwards of $6,000. Wesr Sipe.—Uor. same: Lyon’s mill is runniug dayand night, turning out hulliou of superior finenoss, The St. Louis mill has just started np, crushing oro from the Easteru Comanche. Work on the Eastern and Western Comauche is heing prosecuted. A shaft is heing oxteuded on tho Hope, and the newly discovered Little Emma lode is likely to provo far from small, as day hy day it shows up hetter. The trout remains the leading richest fish, hoth iu the camp and Territory. Another mill will ho orected here the coming season hy a Wheeling Co. Buackroot.—Deer Lodge Independent, March 30: Mining has hoon commonced in a few claims in Ophir gulch and on the Bar. Paruirspura.—Col. Lyon is crushing Speckled Trout ore with good results. Holland & Co., are taking out ore from the Emma, which will average ahout $80 to the ton, with an 8 ft. lode at the depth of 68ft. H. Brown has hands at work on East Comanche, Cordova, and Dashaway lodes, taking out ore. New Muines.—Winchell & Co., have commenced work on the new mines discovered last fall in the har or hill east of Flint Valley. The Cameron Mill at Cahle will start up next week. It is expected that 300 tons of ore wlll be crushed before the mill isshut down. The ore heing taken out is said to be very rich. é Qregon. Portlaud Oregonian, March 2d: Mining prospects are first-rate. Seventeen companies of Chinaman are at work on ‘‘Maiden Gulch,” Eagle District, Union county, and miners at work in Rye Valley. Bougemran Mines.—W. §S. Burnham, Superintendent of Knott & Ladd’s mill, in the Bohemian mines, informs us that on Monday next he expects to resume operations. Pia or Coprzr.—At Ladd & Tilton’s hank can he seen a pig of copper weighing seventy pounds, the result of eight hundred pounds of ore, taken from a ledge discovered some years since, a few miles from Baker City. Utah. Bouruion.—Salt Lake Tribune, April 2: 9 hars were shipped to-day to N. Y. from the Pioneer mill, East Canon, worth $1,909 87. A new hody of ore has heen struck in the Emma, 10 ft in width, chloride ore, the average assay of which goes $1,900 per ton. From Butterfield Cation, near Bingham, a car load of ore came in which is worth $10,000. A little over 10 tons assays over $900 per ton. In the Sparrowhawk, recently sold to an Engllsh Co., they have a body of ore 12 ft wide, which assays from $125 to $129 por ton. Deserer Dist.—Tho dist. is 125 milos SW of S L City on the edge of the desert. The claims already located, of most importance, are the Sheet Anchor, Dudley, Shade Tree, Spring Branch, Douglas, and Dauntless, and of these the Sheet Anchor and Dudley, hoth on the same ledge, the first named ruuniug westerly 800 ft, and the second easterly the same distance from the discovery monument, constitute the great ledge of the dist. At the discovery monument the locators have unitedly run a tunnel ahout 50 ft into tho hill, widening it out at the inner end from top to hottom to 17 or 18 ft, finding the true hanging and foot walls that distance apart, and pitching at an angle of 40 or 50 deg. into the hill. Both the tunnel and exterior indications show that this is a monster ledge. A numher of excavations made upon ib at different points around the hill, show the same ledge matter of unknown width, and large lumps of galena and carhonate ores, testify the Helona Reduotion . to the character and value of the treasnres which lie heneath. The Shade Troe has a prospect hole of 14 ft in depth, aud shows a ledge of 5 to7 ft with good walls pitching porpendicuay and with a “‘strike” east and westerly. ‘The Dauntless has a shaft 25 ft deep, the ledge widening as it goes down, and has several tons of handsome ore on thodamp. The Hawkeyo tunnol on Lion Hill is in 300 ft. They have already found some horn silver and an abundance of low grade ore in the tunuel. Ornmin Iress.—Tho Aiken Furnace is said to he a complete snccoss. Aikeu it is said has the contract for crecting another furnace at Lewiston, Camp Floyd Dist. Tho Co.’s having interests on Lion Hill are commencing operations again on a largo scale. The English Co. is heginning to operate extensively, and Col. I’aweett is expecting to complote his millin the course of a few weeks. The Brevoort mill is likewise to start next week, The arastras aro all husy, turning out considerahlo bullién. Srockton.—Cor. same: Jacohs intends ereoting a three stack furnace at this point this spring, and several others are spoken of as about to construct small furnaces. A mill is also in contemplation. In tho Putuam miue the maiu inclino shaft is 185 feet deop. At the depth of 80 feet a side shaft is down 85 feet, witha level of 14 feet. Many hundrcd sacks of ore are stored near tue dump. Nort Trxtic.—Cor. same: The district is in the mountains bordering the east side of the southern end of Skull Valley. The following mines have heen located : Black Crook, Blue Jacket, Blue Hagle, Belle of the West, Cosmos and several othors. The Black Crook is down 15 fest, a cut Burel lays the vein open to a width of ten feet, and yet the north wall has not heen reached. This is a large vein, heing traced on the surface for several thousand feot. The assays range from $26.50 to $713.17. Several of the minos are being worked, and in the course of a week there will he over a dozen first-class mines in full operation. Smuver Crry—Meader & Co. have aforce of twenty hands at work on the Mammoth, . §! a copper hearing mine. The same companyis working the Swansea and Suubeam. S. L. Crry.—From fa general letter we condense as follows: At Camp Floyd a 20-stamp mill is being erected hy the Sparrow Hawk Co., and within a very few days a sale of the Silver Circle was effected for $30,000, on which the remaining $14,000 was paid in this city to-day. A tramway or double track is to be constructed from the Sparrow Hawk mine to their mill, a distance of 4,000 feet. Many late strikes have heen made in that camp. Pardee & Murphy have found vory rich ore in their shaft. Barry & Butler have very fine horn silvor in their shafts, all of which are near Colorado gulch. The depth of these shafts varies from 20 to 35 feet. There is much talk of a mill heing built at that point early in the spring. S. F. Stock Exchange Board. Saw Francisco, April 11, 1872. The sales at the Board for the week ending Friday tbe 5th, aggregate, $4,308,000. amonnt of dividends of three mining companies declared on the 6th, amounted to $718,000; of this the Belcher paid $208,000, the Crown Point, $300,000, and the Raymond & Ely, $210,000 ; being the largest dividends ever paid by the mines mentioned. During the past four montbs, the Belchcr has paid in dividends, $624,000, and the Crown Point, $780,000 ; making a total from the two mines of $1,404,000. During the week ending on the 6th, 820 tons of ore were extracted from the Chollar-Potosi mine, assaying $34.62 per ton. On the 9th rinst., the third remittance for the month was sent down from the Raymond & Ely, amounting to $93,700 ; and on the 5th, $9,100 was sent from tho Bowery mine. The amount sent from the Murphy mine, since the mill started up last month, is $10,600. There was vo session of the Board on Wednesday morning, it having adjowned in respect to the memory of Wm. F. King, a member of tbe Board, who died the day before. During the past week, 300,000 tons of ore were taken from the Crown Poiut, valned at $198,000. The meeting called for the 15th inst., by the Trustees of this mine, is for the purpose of taking into consideration a proposition to inercase the number of shares, so as to make it The . § available for small investors and more popnlar in the Board. The capital is now $3,000,000 in 12,000 shares. It is proposed to make the capital $10,000,000 in 100,000 shares. The Stock markct has been more active of late than ever before. A nnmbher of new stocks have been placed on the market and all of them sell readily. Prices for most all kinds are nnusually high, and it is generally thought that a fall must shortly come, The excitement is great, and anything in the shape of mining stock sells quickly. Some of the Nevada miues have inereascd wonderfully in value during the past few weeks —values that a year ayo uo one would have helicved poasible. The following table exhibits the current market values of some of the leading mincs, ns based on prices at which they were sold in the Board yesterday: Feet in Mine. Price per foot. Value of Mine. Belcher .-+se.00e 1,640 $ 8,250 Chollar-Potoal..2,800 1,060 2,908,000 Crown Polnt.. 600 20,000 12,000,000 Gould & Curry. 1,200 1,430 1,726,000 Hali: & Norcross 400 10,000 4,000,000 Imperial .. 1b4 5,300 940,000 Kentuek . 05 0,826 650,000 SOVOIG see eee rere 00 8.000 64,00,000 Yellow Jacket. 1,200 2,720 3,264,000 +». $40,518,000 . 15,318,000 so cere 0 + $25,200,000 Incresse for three months . A year ago tho market value of the above mines was abont $8,000,000. Comparaiiye Prices—Extremes, Advance and ecline.—S. F. Stock and Ex. Board. April 4. Highest. Lowest, April MW. Ado, De. Alpha. a. $5144 al, 45 a1 wy American ge. 15 15's 135; s''% ni Belcher. 50 G10 85U 850 80 = Sucksye. Ba ity 4 = = — Chollar-P 84 11 ik” 131 Gof Onledonia . side 23 =— — ee Cons, Virginia. 68/5 iL 55 == = Crown Point 20 90 1,000 = = a5 44 207 eee = urea Cons. w 4 FY ty Eureka. 18 WZ lite — = Excelsior . 150 1 ~ = = Gould & C 300) $0) 5 6400000 — Golden Chariot. 19 19 Vig ig = iy Hale & Nore 378 515 350 51S 140 pas, Imperial. a 260 200 26 30 = Ida Lloro. (BS 1. mm = = Kentuck. 350 25-30 45. = Mammuth. Ble 70 == = Meadow Va 2544 rey 2g — 4g Mahogany. 18 Wig 18 1 aan phir 85 a 85. 4 -_ Orig. Hid, wo ty = = Ovsrman Sq 2) _ = — Pioche. 1345 16% ] =~ — Raymond lz 110 110 —2 Savags. 105 310 405 50 es Sierra Nevada 45 al = ~ Succor . 6 ig = = Wash. & Crs TM 6 ak a =Yellow Jackst. 136 1000 16 46 = St. Patrick .. = 15 125 = = — Seg. Belcher.150 Welg oO — oss = Latest Prices—Bid and Asked. BID, ASKED. 0 val BY 136 905 267% (OT Wis 18 . Savage. 17's (1744. Raymond Yo 320 400, {Sierra Nevada. — 505 510 lYellow Jackst. 150 ry. Hale & Norcross Leather Market Report. [Corrected weekly by Bolliver & Bro., No. 109 Post st.] SAN Francisco, Thursday, April 1), 1872. Soir LEATHER,—Ths dsmand is still eqnal to ths supply, and prices still oontinus flr: City Tanned Leather, @ Wb. woo 229 Santa Cruz Leather, tb 226029 Country Leather, B QR Stockton Leather, bl : r 2628 French skins ars firmer with an advance in some grades, i i with ward tendency. 90 00 76 00 75 00@) 77 50 “ Pane aon Lemoine, 16 to 18 Kil., Lavin, 12 and 13 Kil., per do: Corneltian, 16 Telos doz. Cornellian, 12 to 14 Kil Ogeran Calf, @doz. Kil.@ doz Simon. 24 Kil. @ do: Robert Calf, 7 and 8 Kil French Kips, } bb. California 55 : eo = sé a eo ooa~ SS Harness Leather, # Ib. Fair Bridle Leather, 3 di Skirting Leather, @ bb. Welt Leather, $ doz. Butt Leather, @ foot. Wax Side Leathsr, # fo ay Sey SPSKsx S SSSR SSS s Minine Sates.—The Woodburn mine, 12 miles north of Shellburn, Sehell Creek District, Nev., was recently sold to a party of military men residing in Washington, D. C., for $20,000. The ‘Pride of the Mountain” mine, near Winnemucca, has heen sold to a company in this city. The ore from the mine is good, but difficult to treat. The El Dorado South has been purchased by H. Rutherford & Co. The mine is at Belmont, Nevada. The California and Illinois claim, at Nevada City, a continuation of the old gold tunnel claim, has been sold to J. W. Gashwiler and others. The sum of $30,000 has been paid on the purchase of the Davenport mine in Utah.

April 13, 1872.] SCIENTIFIC PRESS. 229 Hvatapar.—(Some paper Mar. 30:) J. Leopold exhihited to ns yesterday specimens of ore from the mines of Chloride, 5 miles from Mineral Park. One specimen was taken from the shaft of the Silver Hill Co., at 120 ft. from the surface, and another was obtained from anothor shaft on the gronnd of the samo Co. at 80 ft. from the snrfuce, hoth of which aro oxceedingly rich in silver. The lowest avorage assay value of this ore, is $213.56. The ledge is 7% ft. in width and increasos in richness with depth. Thoy areengagod in driving a tunnol to tap tho vein, having commenced operations simultaneously on both sides of tho hill. Specimons of ore ohtained from the Pink-eye, 10 ft. from the surfaco, assay as high as $1,500 per ton. Work is heing vigorously pushed, and they aro down 30 ft. Sinking on tho Diana ledgo has reached 40ft. Tho assays of ore are various, but in evory instauce execedingly rich. All tho ledgos that have heen prospected aro looking well, and ovory offort is heing made to develop them. Mr, Cover'’s smelting works are going up rapidly. Thero is a sufficiont quantity of ore on the dnmps to keep these works employed for at loast 2 yoars. The average width of tho ledges throughout the dist. is about 20 inches. Colorado. Ivems.—Colorado Miner, Mar. 28: H. Utter shipped on acconnt of owners, during March, 170,000 lbs. of smelting ore to Black Hawk. Thero wero crushed, sampled and sacked, at G. W. Hall’s mill, during March, 120,957 lbs. of smelting ore, Palmor & Nichols who have shut down for repairs, have started up again. Baily & Nott shipped during March, ou accouut of owners, 9074 tous of smolting ore. This firm have on haud, ready for shipment, 250 tons. The value of the oro shipped and on haud will reach $140,000. Sxow & Co. seem to be cracking away hravoly in the Butler lode, Gnunell Hill. The main shaft is 35 ft. in depth, carryiug arich vein of ore. Tbe works have bsen put into first-class order. J. W. Cuaryton, of Nevada, has placed upon our table a retort weighing 100 ozs., tho result ohtained from his stamp-mill from 9 cords of ore from the claim of Roherts & Co., on the Kansas lode. THe Cook property, on tho Gunuell lode, that has lain idle for so long was leased a short time since to Richards, Grow & Co. During the present week 5 cords were treated at Kimher’s mill, Blac Hawk; yield, 9 ozs. per cord. ‘ Rorerts & Co., on the Kansas are working the Ophir G. M. Co.’s claim. Throughout the mine, in levels, stopes and shafts, the pay oro averages 30 inches in width, 1-class ore selling for $85 per ton, and the 2-class paying 11 and 12 ozs. per cord under stamps. Bounprer Co.—Cor. same: Three Cos, are working on the Celestial lode, in Ward. They are taking out a good quality of ore, and have about 10 cords on the dump, ready for milling. Jow Lone and Chas. Holverson are at work on the Columbia, and have ahout 5 cords onthe dump. L. & H. will soon start up their 10-stamp mill on Left Hand. ALBERT OsBoRNE will commence work in the gulch mines on Four-mile creek, as soon as the water starts running. Bovrprer.—The North Boulder ditch rnnning from Graham’s old ranch to the White Rock Mill, is to be enlarged to 6 ft oa the hottom, and will carry ahout 3 ft of water. At Switchville, Williams & Mitchell are sinking on their lode, and are down 20 ft. At that depth, tae ore is runtiing from $350 to $800 per ton. Amasa Bixhy and Tom Davis, think they have discovered the extension of Williams & Mitcholl’s lode. The ore looks well at a depth of 10 ft. Idaho. Warren’s Caur.—Cor. Lewiston Signal, March 16: Both the Rescue mine and mill are infull operation, On the 10th they expected to make a clean-up of a 2 weok’s run. The prospects look as well as ever, if not better. A second chimney of good ore had been reached iu drifting east about 200 ft from the terminus of the tunnel. Tur Minrs.—Walla Walla Union, March 283: A busy and prosperous season is anticipated by all. In Warrens’ diggings everything is being put in readiness. In the Oro Fino dist in the vicinity of Pierce city 2 new ditch was completed last scason and there will he an abundant supply of water. At Florence, one Co. commenced work ahout 2 weeks ago, and others were preparing to follow. In the Elk City camp the Chinamen have commenced working their claims, and expect a long season as the snow is about 10 ft deep on the summit. On Newsome creek the miners are getting to work, all the hydranlics heing in full operation. Montana. Dianonp Crry.—Helona Gazelle, Mareh 25: The mining interests in old Coufedorate gulch presont a livoly appearance, and several Co.’s have boeu drifting and washing up dirt all wiutor wiih very rich results. D. P. Rankin is runniug his claim wight and day, and employs some 10 men. Tho har diggings will he started up immodiatoly. Michacl Welsh, of LX! Dorado Bar, is making proparations to commence work on an extensive scale next week. Tug Rupuction Worxs.—Heleua Merald, March 28: This morning tho largest silver hutton ever cast in this Territory was tnrned out at Works. Its weight is 308 lbs, and its valuo is upwards of $6,000. Wesr Sipe.—Uor. same: Lyon’s mill is runniug dayand night, turning out hulliou of superior finenoss, The St. Louis mill has just started np, crushing oro from the Easteru Comanche. Work on the Eastern and Western Comauche is heing prosecuted. A shaft is heing oxteuded on tho Hope, and the newly discovered Little Emma lode is likely to provo far from small, as day hy day it shows up hetter. The trout remains the leading richest fish, hoth iu the camp and Territory. Another mill will ho orected here the coming season hy a Wheeling Co. Buackroot.—Deer Lodge Independent, March 30: Mining has hoon commonced in a few claims in Ophir gulch and on the Bar. Paruirspura.—Col. Lyon is crushing Speckled Trout ore with good results. Holland & Co., are taking out ore from the Emma, which will average ahout $80 to the ton, with an 8 ft. lode at the depth of 68ft. H. Brown has hands at work on East Comanche, Cordova, and Dashaway lodes, taking out ore. New Muines.—Winchell & Co., have commenced work on the new mines discovered last fall in the har or hill east of Flint Valley. The Cameron Mill at Cahle will start up next week. It is expected that 300 tons of ore wlll be crushed before the mill isshut down. The ore heing taken out is said to be very rich. é Qregon. Portlaud Oregonian, March 2d: Mining prospects are first-rate. Seventeen companies of Chinaman are at work on ‘‘Maiden Gulch,” Eagle District, Union county, and miners at work in Rye Valley. Bougemran Mines.—W. §S. Burnham, Superintendent of Knott & Ladd’s mill, in the Bohemian mines, informs us that on Monday next he expects to resume operations. Pia or Coprzr.—At Ladd & Tilton’s hank can he seen a pig of copper weighing seventy pounds, the result of eight hundred pounds of ore, taken from a ledge discovered some years since, a few miles from Baker City. Utah. Bouruion.—Salt Lake Tribune, April 2: 9 hars were shipped to-day to N. Y. from the Pioneer mill, East Canon, worth $1,909 87. A new hody of ore has heen struck in the Emma, 10 ft in width, chloride ore, the average assay of which goes $1,900 per ton. From Butterfield Cation, near Bingham, a car load of ore came in which is worth $10,000. A little over 10 tons assays over $900 per ton. In the Sparrowhawk, recently sold to an Engllsh Co., they have a body of ore 12 ft wide, which assays from $125 to $129 por ton. Deserer Dist.—Tho dist. is 125 milos SW of S L City on the edge of the desert. The claims already located, of most importance, are the Sheet Anchor, Dudley, Shade Tree, Spring Branch, Douglas, and Dauntless, and of these the Sheet Anchor and Dudley, hoth on the same ledge, the first named ruuniug westerly 800 ft, and the second easterly the same distance from the discovery monument, constitute the great ledge of the dist. At the discovery monument the locators have unitedly run a tunnel ahout 50 ft into tho hill, widening it out at the inner end from top to hottom to 17 or 18 ft, finding the true hanging and foot walls that distance apart, and pitching at an angle of 40 or 50 deg. into the hill. Both the tunnel and exterior indications show that this is a monster ledge. A numher of excavations made upon ib at different points around the hill, show the same ledge matter of unknown width, and large lumps of galena and carhonate ores, testify the Helona Reduotion . to the character and value of the treasnres which lie heneath. The Shade Troe has a prospect hole of 14 ft in depth, aud shows a ledge of 5 to7 ft with good walls pitching porpendicuay and with a “‘strike” east and westerly. ‘The Dauntless has a shaft 25 ft deep, the ledge widening as it goes down, and has several tons of handsome ore on thodamp. The Hawkeyo tunnol on Lion Hill is in 300 ft. They have already found some horn silver and an abundance of low grade ore in the tunuel. Ornmin Iress.—Tho Aiken Furnace is said to he a complete snccoss. Aikeu it is said has the contract for crecting another furnace at Lewiston, Camp Floyd Dist. Tho Co.’s having interests on Lion Hill

are commencing operations again on a largo scale. The English Co. is heginning to operate extensively, and Col. I’aweett is expecting to complote his millin the course of a few weeks. The Brevoort mill is likewise to start next week, The arastras aro all husy, turning out considerahlo bullién. Srockton.—Cor. same: Jacohs intends ereoting a three stack furnace at this point this spring, and several others are spoken of as about to construct small furnaces. A mill is also in contemplation. In tho Putuam miue the maiu inclino shaft is 185 feet deop. At the depth of 80 feet a side shaft is down 85 feet, witha level of 14 feet. Many hundrcd sacks of ore are stored near tue dump. Nort Trxtic.—Cor. same: The district is in the mountains bordering the east side of the southern end of Skull Valley. The following mines have heen located : Black Crook, Blue Jacket, Blue Hagle, Belle of the West, Cosmos and several othors. The Black Crook is down 15 fest, a cut Burel lays the vein open to a width of ten feet, and yet the north wall has not heen reached. This is a large vein, heing traced on the surface for several thousand feot. The assays range from $26.50 to $713.17. Several of the minos are being worked, and in the course of a week there will he over a dozen first-class mines in full operation. Smuver Crry—Meader & Co. have aforce of twenty hands at work on the Mammoth, . §! a copper hearing mine. The same companyis working the Swansea and Suubeam. S. L. Crry.—From fa general letter we condense as follows: At Camp Floyd a 20-stamp mill is being erected hy the Sparrow Hawk Co., and within a very few days a sale of the Silver Circle was effected for $30,000, on which the remaining $14,000 was paid in this city to-day. A tramway or double track is to be constructed from the Sparrow Hawk mine to their mill, a distance of 4,000 feet. Many late strikes have heen made in that camp. Pardee & Murphy have found vory rich ore in their shaft. Barry & Butler have very fine horn silvor in their shafts, all of which are near Colorado gulch. The depth of these shafts varies from 20 to 35 feet. There is much talk of a mill heing built at that point early in the spring. S. F. Stock Exchange Board. Saw Francisco, April 11, 1872. The sales at the Board for the week ending Friday tbe 5th, aggregate, $4,308,000. amonnt of dividends of three mining companies declared on the 6th, amounted to $718,000; of this the Belcher paid $208,000, the Crown Point, $300,000, and the Raymond & Ely, $210,000 ; being the largest dividends ever paid by the mines mentioned. During the past four montbs, the Belchcr has paid in dividends, $624,000, and the Crown Point, $780,000 ; making a total from the two mines of $1,404,000. During the week ending on the 6th, 820 tons of ore were extracted from the Chollar-Potosi mine, assaying $34.62 per ton. On the 9th rinst., the third remittance for the month was sent down from the Raymond & Ely, amounting to $93,700 ; and on the 5th, $9,100 was sent from tho Bowery mine. The amount sent from the Murphy mine, since the mill started up last month, is $10,600. There was vo session of the Board on Wednesday morning, it having adjowned in respect to the memory of Wm. F. King, a member of tbe Board, who died the day before. During the past week, 300,000 tons of ore were taken from the Crown Poiut, valned at $198,000. The meeting called for the 15th inst., by the Trustees of this mine, is for the purpose of taking into consideration a proposition to inercase the number of shares, so as to make it The . § available for small investors and more popnlar in the Board. The capital is now $3,000,000 in 12,000 shares. It is proposed to make the capital $10,000,000 in 100,000 shares. The Stock markct has been more active of late than ever before. A nnmbher of new stocks have been placed on the market and all of them sell readily. Prices for most all kinds are nnusually high, and it is generally thought that a fall must shortly come, The excitement is great, and anything in the shape of mining stock sells quickly. Some of the Nevada miues have inereascd wonderfully in value during the past few weeks —values that a year ayo uo one would have helicved poasible. The following table exhibits the current market values of some of the leading mincs, ns based on prices at which they were sold in the Board yesterday: Feet in Mine. Price per foot. Value of Mine. Belcher ..-+se.00e 1,640 $ 8,250 Chollar-Potoal...2,800 1,060 2,908,000 Crown Polnt.... 600 20,000 12,000,000 Gould & Curry. 1,200 1,430 1,726,000 Hali: & Norcross 400 10,000 4,000,000 Imperial ... 1b4 5,300 940,000 Kentuek . 05 0,826 650,000 SOVOIG see eee rere 00 8.000 64,00,000 Yellow Jacket.. 1,200 2,720 3,264,000 +». $40,518,000 . 15,318,000 so cere 0 + $25,200,000 Incresse for three months .. A year ago tho market value of the above mines was abont $8,000,000. Comparaiiye Prices—Extremes, Advance and ecline.—S. F. Stock and Ex. Board. April 4. Highest. Lowest, April MW. Ado, De. Alpha.. a. $5144 al, 45 a1 wy American ge. 15 15's 135; s''% ni Belcher.. 50 G10 85U 850 80 = Sucksye.. Ba ity 4 = = — Chollar-P 84 11 ik” 131 Gof Onledonia .. side 23 =— — ee Cons, Virginia.. 68/5 iL 55 == = Crown Point 20 90 1,000 = = a5 44 207 eee = urea Cons. w 4 FY ty Eureka.. 18 WZ lite — = Excelsior . 150 1 ~ = = Gould & C 300) $0) 5 6400000 — Golden Chariot. 19 19 Vig ig = iy Hale & Nore 378 515 350 51S 140 pas, Imperial.. a 260 200 26 30 = Ida Lloro. (BS 1. mm = = Kentuck.. 350 25-30 45. = Mammuth. Ble 70 == = Meadow Va 2544 rey 2g — 4g Mahogany.. 18 Wig 18 1 aan phir 85 a 85. 4 -_ Orig. Hid, wo ty = = Ovsrman Sq 2) _ = — Pioche. 1345 16% ] =~ — Raymond lz 110 110 —2 Savags. 105 310 405 50 es Sierra Nevada 45 al = ~ Succor .. 6 ig = = Wash. & Crs TM 6 ak a =Yellow Jackst. 136 1000 16 46 = St. Patrick ... = 15 125 = = — Seg. Belcher..150 Welg oO — oss = Latest Prices—Bid and Asked. BID, ASKED. 0 val BY 136 905 267% (OT Wis 18 . Savage. 17's (1744. Raymond Yo 320 400, {Sierra Nevada.. — 505 510 lYellow Jackst.. 150 ry. Hale & Norcross Leather Market Report. [Corrected weekly by Bolliver & Bro., No. 109 Post st.] SAN Francisco, Thursday, April 1), 1872. Soir LEATHER,—Ths dsmand is still eqnal to ths supply, and prices still oontinus flr: City Tanned Leather, @ Wb.. woo 229 Santa Cruz Leather, tb 226029 Country Leather, B QR Stockton Leather, bl : r 2628 French skins ars firmer with an advance in some grades, i i with ward tendency. 90 00 76 00 75 00@) 77 50 “ Pane aon Lemoine, 16 to 18 Kil., Lavin, 12 and 13 Kil., per do: Corneltian, 16 Telos doz. Cornellian, 12 to 14 Kil Ogeran Calf, @doz.. Kil.@ doz Simon. 24 Kil. @ do: Robert Calf, 7 and 8 Kil French Kips, } bb. California 55 : eo = sé a eo ooa~ SS Harness Leather, # Ib. Fair Bridle Leather, 3 di Skirting Leather, @ bb. Welt Leather, $ doz. Butt Leather, @ foot.. Wax Side Leathsr, # fo ay Sey SPSKsx S SSSR SSS s Minine Sates.—The Woodburn mine, 12 miles north of Shellburn, Sehell Creek District, Nev., was recently sold to a party of military men residing in Washington, D. C., for $20,000. The ‘Pride of the Mountain” mine, near Winnemucca, has heen sold to a company in this city. The ore from the mine is good, but difficult to treat. The El Dorado South has been purchased by H. Rutherford & Co. The mine is at Belmont, Nevada. The California and Illinois claim, at Nevada City, a continuation of the old gold tunnel claim, has been sold to J. W. Gashwiler and others. The sum of $30,000 has been paid on the purchase of the Davenport mine in Utah.