Volume 24 (1872) (424 pages)

236 SCTENTIEPIC" PRESS. [April 13, 1872. Starlight @. & 8. M. Co. Among the numerous enterprises that have taken new life within the past few months, we are assured that none desire the confidence of the public more than the “Starlight Gold and Silver Mining Co., situated in Humboldt Mining District, Humboldt county, Nevada. The Company’s property consists of three mines, located in 1862, and they have lately acquired afourth by pnrchase. The company was organized in March, 1863, and work commeuced immediately, but in the former way of going below the mine and starting a tunnel before the mine was reached, the funds were exhausted; assessments were levied and not paid, and the property reverted to the few who located the mines, and knew their value, In February of this year, the company reorganized, and became a live company. On the first of March work was commenced on the Starlight Mine By sinkiug on the lode. The shaft is now down G0 feet; they have a welldefined vein four feet in width, running. north and south, nearly vertical,"dipping slightly into the hill; the quartz is of a pink or rose color, and interspersed with mineral. Professor Silliman examined this mine in October, 1864; he reports the following: On its out-crop, this vein is seen cutting the quartzite iu which it is found—with a course in the main, northwest and dipping southeast about eight degrees from the vertical. It has been opened at this place by a shaft sunk in the adjacent rock, 27 ft. deep. From the bottom of this shaft a cross cut has been run east—to cut the lode—which is here found to be five feet wide, the wall rock is feldsite. The associate minerals in the lode are free gold in small particles, with iron pyrites; also galena which is auriferous and argentiferous and a little copper pyrites and zine blende. A sample?for assay and working test whioh was made up from the vein stuff collected from this location, gave the following result: Gold $47.75; silver $10.53; total, $58.29 to the ton of 2,000 Ibs. A tunnel is also started, calculated to strike the vein 411 ft. below the surface, and is now in 460 ft. The rock through which the tunnel was driven, is a hard bluish quartzose feldsite carrying some blende, galena, yellow copper, and veins of caleareous spar. The mine is situated within three miles of Humboldt station, on the Central Pacific Railroad, with a good wagou road to it; the cafion abounds in springs, a portion of the water of which is carried to the station for the use of the railroad andirrigation. All trains stop at the station, and make the distance from San Francisco in 24 hours. . The Madre Lode, Recently purchased by the Starlight Company, lies in Florida Caton, one mile from Humboldt station, and about the same distance from the Starlight lode. Professor Silliman who examined this lode in 1864, says: ‘This gigantic gold quartz lode, lying in the western slope of the main Humboldt range, is situated in the Cation next south of Humboldt Caiion, and at an estimated hight of G00 ft. from the river. The lode runs north and south, and is at least 80 ft. wide on the croppings. These croppings are on a scale ef magnitude seldom seen anywhere. The quartz is variegated in color, and shows cavities from decomposition of sulphurets. It does not show free gold to the naked eye, hut a careful examination detects minute particles. The amount of quartz available hy simply quarrying on this long extended out crop is something surprising, and is at least adequate to the supply of a 20-stamp mill for years without deep mining. A sample of this quartz made up by breakiug fragments promiscuously from various ‘parts rof the surface in a working test in a mill, gave to the ton of 2,000 ibs, gold, $41.37; silver, $4.18; total, $44, 55. By fire assay the same sample gave $57.78. No metallic particles conld be seen in the samples selected. The lode is peculiarly situated for economical working. It is approached by a gentle grade dowu which the quartz can be taken to the mill by a) natural roadway, no grading being necessary. The total cost of treating the rock may be stated as follows: Assuming that the quartz is quarried off the surface for which there is an abundant supply. Breaking out and loading qnartz perton. . 50 Hauling { fo oils. oe. gee ce 00 Machinery including mereury... F I 00 Labor, say 3men per day and 30 tons CIUSHCA 56256 ieee eee see ee Totaly cc. : leeeeer rer Me cecee. ot OU In view of the history of other gold-beariug out-crops in Nevada, the ‘‘Madre” may prove a silver-bearing vein in depth. In point of strength of out-crop, it is more like the Gold Hill mines than anything I have seen elsewhere in Nevada. Iam able to add to these statements that I saw nothing in the Humboldt range, which appeared to hold out such good promise of early return for capital and labor expended as the Madre Lode. Its advantages are: Ist. Its great magnitude and consequent abundance of ore. 2d. Its accessihility and easy approach. 2d, Its comparative richnessin gold, and the simplicity of the process of amalgamation, all the metals existing as free metals. It is thorefore quite plain that if the “Madre” continues to hold its superficial promise, it can be made a rich paying mine. Mining Accidents, Gen. A. L. Page, superintendent of the Ingomar mine was severely bruised on the 21st ult. by being precipitated down a shaft, through the disarrangement of the hoisting gear. The brake strap was defective and gave way, letting him down at fearful speed. The lower part of his body was bruised very badly. At the Eureka mine in Grass,Valley a short time since William Rowe sustained injuries in his right eye by being struck with a picce of rock, A miner was severely hurt in Marcellu’s diggings on the 3dinst. according to the Nevada Gazette, by a defective blast. The Missoula Pioneer, says that a miner, name unknown was killed hy a cave in Deep Gulch,M. T., recently. A man named Schroeder was killed by a cave on the Ist inst., ina claim near Folsom. Two miners, named James Sullivan and Jeremiah Blood were killed by a cave in the Mount Diablo coal mines on the 4thinst. Tue GuapaLUPE Goup, Siuver & Coprrr M. Co.—This Company filed their ccrtifieate of iucorporation, March 30th, 1872, the object being to mine for the precious} * metals in the district Comondu, Lower California. ’ They have a capital stock of $2,000,000, (instead of $200,000, as has been stated in the papers of this city), divided into 20,000 shares of $100 each, and have placed 5,000 shares in the Treasury to be sold as 2 working capital, with the expectation of avoiding the necessity of ever levying an assessment on the stock. The mine has been opened to the depth of 115 ft. by a main shaft sunk on the course of the ledge and by two other shafts 50 and 30 ft. deep, 500 ft. apart from north to south, each shaft yielding copper of 90 per cent. Gold assayiug $60 per ton of 2,000 ibs, and silver, $58. We are assured that this is uo stock gambling institutiou, but that the company intend to proceed immediately to develop the mine. We understand that Capt. Wm. Williams, well-known as a mining superintendent on this coast, isto have full charge of the miue, the best guarantee that the mine will he worked legitimately, and in the interests of the stockholders. A. G. Wood, No. 210 Battery street, is the Secretary of the Company, to whom application can be made, for full particulars. Ores SaweLtep.—J. W. Thurman, 413 and 415 Mission street, crushed and sampled the following lots of ores for the month of March. 294 sks. Antimony, Mill City, Nevada. 1,054 sks Copper ore, Salt Lake. U. T. 2,200 sks. Copper ore, Battle Mountain, Nevada, 142 sks. Silver ore, Prescott Dist. Arizona. 302 sks. Silver ore, Arizona Mill, Nevada. 741 sks. Lead and Silver ore, White Mine, Battle Mt. 38 sks. Silver ore. Eureka Dist., Nevada. 66 sks. Silver ore, Clark Dist., Arizona. 4837 sks. The above copper ore from Salt Lake was sold in this market for Bluestoue; the 2,200 from Battle Mountain, copper, . was shipped to Liverpool on owners’ account. All the above lots of silver ore were purchased by shippers and shipped to . Liverpool. Copper ores are very scarce at this time aud there is a good demand both for shipment and manufacturing into Bluestone. New Incorporations. The following have filed certificates with the 9 . County Clerk, San Francisco: Corona Consonrpatep M. Co.—April 4. Location: Eureka District, Nevada. Capital stock, $5,000,000, in 50, 000 shares. Trustees —George DS Roberts, EH. P. Coon, D. H. Hall, L. 5. Adams and Henry Dutton. Auburn G. M. Co.—April 4. Placer county, California. Capital oe $800,000, in 8,000 shares. Trustees—Geo. Roberts, "Henry Baker, Stephen W. Lee, T. & Wright and J. R. Nickerson, Hownanp Tonnxext Co.—April 4. Location: Utah. Capital stock, $10,000,000, in 100,000 shares. Trustees—S. Hydenfeldt, Joseph Aaron, pechaal Castle, J. Steinhart, and W. H. Howand Eris M. anv M. Co, —April 5. Location: California. Capital stock, $600,000. Trustees—Geo. W. Marshall, ‘Archibald C. Peachy, Thomas J. Poulterer, Mortiz Mayblum and I. P. Couch. Yusa Graver M. Co.—April 6. Location: North Bloomfield or Virgin Valley District, Nevada county. Capital stock, $300,000, in 30,000 shares. Trustees—Thos, R. Hayes, John Skinker, C. W. Kellogg, Charles Hosmer and D. R. MecKillecan. Ura 8. M. Co.—April8. Location: Virginia District, Nevada. Capital stock, 2,000,000, in 20,000 shares, Trustees—A. K. P, Harmon, Chauncy B. Land and John Skae. Orgetto §. M. Co.—April 9. Location: Ely District, Nevada. Capital stock, $2,000,000, in 20,000 shares. Trustees—George D. Roberts, J. 'D. Fry, M. D. Townsend, Wn. H. Sears and J. B. E. Cavallier. Jorty TRaveLER M.Co.—Apvil 9. Location: Ely District, Lincoln county, Nevada. Capital stock, $3,000,000, in 30,000shares. Trustees— Bp 2S Pritchard, AP. Cos, Geo. A. Treadwell, C. H. Rumsell and C. W. Band. Wesroor M. Co.—April 9. Location: Railroad District, Elko county, Nevada. Capital stock, $1,200,000, in 12,000 shares. Trustees —A. J. Roulstone, Hiram H. Colley and A. M. Hough. Ex Dorapo Sourn Consotrparep M. Co.— April 9. Location: Philadelphia M. District, Nye Co. Nevada. Capital stock, $4,000,000. Trustees—A. Hayward, W. F. Leon, J. 8. Slanson, H. Epstein, J. Steinhart, W. S. McCor mick and A. H. Rutherford. Desert ConsotipateD M. Co.—April 9. Location: Camp Floyd District, Tooele county, Utah.: Capital stock, $3, 000, 000, in 30,000 shares. Trustees—E. C. Catherwood, E. B. Rail, A. J. Bryant, John Harding and Harvey 8. Brown. EmeranD G. anp§. M. Co.—April 10. Location: El Dorado county, Cal. Capital stock, $250,000, in 2,500 shares. Trustees—Richard O'Neill, HP. ‘Walkelee, Phillip Cadue, Ho. Seale and Chas. E. McLane. Onrtent §. M. Co.—Filed an amended certificate of incorporation, April 10. Location: Ely Mining District. Capital stock, $2,000,000, in 20,000 shares. Trustees—S. A. Raymond, dame A. Pritchard, James Dods, Andrew Kohler and Wm. Hazlehurst. An amended certificate of incorporation of the Maxim Gas Conipany was filed, Mar. 10, which increases the capital stock from $600,000 to $1,200,000. Location: Elections. At the meeting of the Arizona & Utah mining Co. held on the Sth inst., the following Trustees were elected: Jas. A. Pritchard, M. D. Townsend, W. F. Meyers, W. H. Sears and N. T. Smith; Jos. Maguire was continued as Secretary. The Murphy Mining Co. elected the following Trustees on the 10 inst. Hill Beachy (Pres. ys Thos. Bell, J. H. Boalt, J. W. Gashwiler and J.D, Hague P.S. Buckminster was contin. ued as Superintendent and J. L. King Secretary. W. J. Lee, J. E. de la Montanya, Delos Lake, M. Mayblum, and C. O’Connor were elected Trustees of the South Emma mining Co. to-day. The Hercules Silver mining Co. have elected as follows: Henry Raymond (President), W. H. Sears, C. P. Hall, Geo A. Treadwell and J. T. Milliken (Secretary). Discoverias,—Placer diggings are reported to have been struck about13 miles from San Bernardino, in that county. Water being scarce, however, they can only be worked in winter. A ledge of high grade smelting ore has heen discovered in the Ruhy range, north of the Buckeye aud Champion mines, in Nevada. Quartz coutaining free gold is reported to have been found within a mile anda half of San Diego City. Another quicksilver lead has been discovered 7 or 8 miles from Cloverdale, hetween Sulphur aud Squaw Creeks, in Napa County. A dispatch from Los Angelos dated 10th inst. says that there is a reported discovery of tin and silver in the hills south of Cucomongo, near the Rubidoux rancho. Thirty men are now prospecting the hills. A ledge was found on Monday last, The locality bas been traditionally reported to be rich i in mineral wealth. Pacreic Saw Manuracrurinc Co.—We have received from the Pacific Saw Manufacturing Co. and N. W. Spaulding, their new price list and circular. This cirenlar gives a plain and succiut description of the saw manufacturing business on this coast, Although intended asa price list of the goods made by the company, it nevertheless contains matters of especial interest to every sawyer and millman, or those in any way connected with the business. The trade of this firm has become wide and extensive, and their enterprise and superior workmauship, we are pleased to learn, have driven foreign goods from the market. . The circular contains tables for the measurement of logs up to 96 inches in diameter, which must prove valuable to millmen. ‘The circular is illustrated with numerous cuts, showing the rooms of the factory, the process of making saws, sawteeth, saw-machinery, and it presents the neatest and hest typographical appearance of any similar publication we have ever seen. It was printed by Spaulding & Barto. A large portion of the edition will be furnished for Eastern circulation through the branch establishment of the house here. Mining Shareholders’ Directory—Meetings, Assessments and Dividends, (Compiled «weekly from advertisements in the Soren. Trio Presa and other San Francisco journala.] ASSESSMENTS. NAME, LOOATION, AMOUNT AND DAY DAY DATE OF ASSESSMENT. DELINQUENT. OF 8ALE. Alps S. M. Co. Nev., March 1, 75c..April 9—April 30 Bloomfield Gravel M.Co, Cal., Feb. 23,83. Mar.27—Apr, 13 Buckeye M. Co., Nev., Mar, 23.$1.25.April 26—May 15 Cons. Virginia M. Co., Nev., Mar. 19, $3.Apr. 24—May 18 Daney M. Co., Lyou Co., April 3, $1.50. May 9—May 27 Francis M. Co., Cal., Aptil 6, $1..May 1i—June 4* Gould & Curry, Nev., Jan. 30, SL. . Mar, 4—April 26 Grand Duke M. Co., U. Aes Mar. 5 , 250. -April15—May 15 l1da Elmore, Idaho, ‘March 6. 33. . April 1i—May 10 Ingomar 8. M. Co., ‘Bly, April 2, 5c Hanh & Hunt $.M.Co. »Nev., Mar: 20, Jackson M. Co., Nev., “April BLOG. es May 6—May 26 Knickerbocker, M, Co.Ney., Mar. 23, 50c.Apr.27—May 17 Lemon M. and M. Co., Eureka, April, $1.May 7-Jun 12 Louisi M. Co., Nevada, April 6, 10c..May 14 -June 10 Lyons & Wheeler Co., A.'f., April 6, 10c. May 15-dJune 3* Mahogany M. Co., I. T., estat 3, $1.50. May 11—June 3 Mareclina 8. M. Go. Mar. 8 » 10c. «April 15—May 7* Mt. Jefferson M, Co., Cal., Apr. 3, « May 6—May 22* Nevada L. & M. Go., "Nev., March 28, de. -May 2, May 24* Nuestra Senora de Guadelupe, May 12, $2.Ap 15—May 8* Ophir S. & G. M. Co. Cal. Mar, 18, 20¢. April 20—May 7 Overman S. M.Co, Gold Hill, Mar.18, $4.Apr.13—May 13 Pacific Borax Co., Nev. Feb. 23, l5c.March 28—April 16 Peter Walter M. Co, Placer Co. Mar. 11, $1.Apr.18—May 6 Pheenix 8. M., Nev., Mar. 19, 75c. -April 24—May 15 Pocabontas G. M. Co., Cal., Feb. 5.April 6—May 6* Quail Hill M.& W. Co., Cal. Feb. 15,$5, Mar, 26—April 16* San Buenaventura Co. Cal., Jan. 19, $1-Peb. 29—Mar, 29 Siempre Viva Co., Mex., Mar. 25, 30c., May 2—May 20* South Eureka, Nev., Mar. 2,15c.. April 4—April 23 8. Gold Hill M. Co., Nev., Apr 1, $2.50. May 6—May 27 Spring Mt. Tunnel Co.,March 12, 15c. April 22—May 12* Succor M. & M. Co., Nev., Mar. 20, $2.April 28—May 15 Tallulah M. Co., Nev., April 5, $1.50.. May 7—dune 4 Tecumseh G.S EC, AI,Co.Cal. Mar: 20,$3. ADs 23—May 14* Union G, M. Co., Cal., April 11, $1.. May 13—June 3* MEETINGS TO BE HELD, Best & Belcher M.Co..esesssseusens Meeting May 13 Enreka M. Co.. . Annual Meeting May 7 Hale and Norcross. . Special Meeting April 13 Huhn & Hunt 8S. M. Co. . Annual Meeting, April 22 Independent G. M. Co.e.eecescseeessMeeting May 8 Kinston M, Co..-++00+-.+ Annual Mceting April 20 Spring Mountain Tunnel C .Annual Meeting May 9 Neviada Land and M. Co. »Special Meeting April 25 Red ngton Quicksilver M. Annual Meeting April 18 LATEST DIVIDENDS—(Witbin Three Months). Belcher, $20 .Payable April 10 Chollar Potosi, $1 . Payable Feb. 10 Crown Point, $25 Eastport, Coose Bay, Co: Eureka Gold M. oe $i. Keystone M. Co,, $7.50. Meadow Valley M. Co., $1. ‘50. North Star G. M. Co., $7. Raymond & Ely, $5.. Raymond & Ely M. Co., Yule Gravel M. Co., 50c. — “Advertised in thi San Francisco Metal Market. Corrected weekly by Hooker & Co., 117 and 119 Cal. street PRICES FOR INVOICES .»Payable April 10. . Payable April 13 .Payable April 9 «Payable March 8 .Payable April 9 -Payable April 10 Fobbt rices rule from ten to fifteen per cent. higher than the ee 4 following Rane 2 TuHuRSDAY, April 11, 1872 Ino: Scotch and English Pig Iron, ‘B ton. $55 00 60 00 ite Pig, @ tom.sseeeee eeen sees 10 —— Ren ned Bar, bad assortment, @ Ib 54GB — 06 Rofined Bar, ga assortment, eB 16 = 7 Boiler, No. . to 4..+5 — 0 Plate, No. 5to9. 8 09 Sheet, No. 10 to 1 66a — 07 Sheet, No. Li to 20 r — 09 Sheet, No. 24 to 27. 6 @a—— Horse Shoes. 0 @ Nail Rod. 1 Norway lro: a Rolled Iron 6 Otber Irons for Blacksmiths, Miners, eto. 6 @ 7 COPPER.— Sheathing, 3 4 @ — 2B Sheathing, 14 & — 6 Sbeathing, Old 1 = ile Composition Nails. 4 ~_ ’ CORTE: Bolts— 4 = TIN PLA’ Plates, “Chircoale Ix eb oe Plates, LC Charcoal. 10 50 oofing Plates..-. aS Banca ‘tn, Saha a Dee — 6 Srern.—LEngili: t, B ile Drill 16 li Wr 20 =D bey 08 — Big 9 —10 Bar. 08 — 09 Z1no.—Sbeets, 10 — 10% mee Tbe. Borax.—Refin Borax, ernde.

236 SCTENTIEPIC" PRESS. [April 13, 1872. Starlight @. & 8. M. Co. Among the numerous enterprises that have taken new life within the past few months, we are assured that none desire the confidence of the public more than the “Starlight Gold and Silver Mining Co., situated in Humboldt Mining District, Humboldt county, Nevada. The Company’s property consists of three mines, located in 1862, and they have lately acquired afourth by pnrchase. The company was organized in March, 1863, and work commeuced immediately, but in the former way of going below the mine and starting a tunnel before the mine was reached, the funds were exhausted; assessments were levied and not paid, and the property reverted to the few who located the mines, and knew their value, In February of this year, the company reorganized, and became a live company. On the first of March work was commenced on the Starlight Mine By sinkiug on the lode. The shaft is now down G0 feet; they have a welldefined vein four feet in width, running. north and south, nearly vertical,"dipping slightly into the hill; the quartz is of a pink or rose color, and interspersed with mineral. Professor Silliman examined this mine in October, 1864; he reports the following: On its out-crop, this vein is seen cutting the quartzite iu which it is found—with a course in the main, northwest and dipping southeast about eight degrees from the vertical. It has been opened at this place by a shaft sunk in the adjacent rock, 27 ft. deep. From the bottom of this shaft a cross cut has been run east—to cut the lode—which is here found to be five feet wide, the wall rock is feldsite. The associate minerals in the lode are free gold in small particles, with iron pyrites; also galena which is auriferous and argentiferous and a little copper pyrites and zine blende. A sample?for assay and working test whioh was made up from the vein stuff collected from this location, gave the following result: Gold $47.75; silver $10.53; total, $58.29 to the ton of 2,000 Ibs. A tunnel is also started, calculated to strike the vein 411 ft. below the surface, and is now in 460 ft. The rock through which the tunnel was driven, is a hard bluish quartzose feldsite carrying some blende, galena, yellow copper, and veins of caleareous spar. The mine is situated within three miles of Humboldt station, on the Central Pacific Railroad, with a good wagou road to it; the cafion abounds in springs, a portion of the water of which is carried to the station for the use of the railroad andirrigation. All trains stop at the station, and make the distance from San Francisco in 24 hours. . The Madre Lode, Recently purchased by the Starlight Company, lies in Florida Caton, one mile from Humboldt station, and about the same distance from the Starlight lode. Professor Silliman who examined this lode in 1864, says: ‘This gigantic gold quartz lode, lying in the western slope of the main Humboldt range, is situated in the Cation next south of Humboldt Caiion, and at an estimated hight of G00 ft. from the river. The lode runs north and south, and is at least 80 ft. wide on the croppings. These croppings are on a scale ef magnitude seldom seen anywhere. The quartz is variegated in color, and shows cavities from decomposition of sulphurets. It does not show free gold to the naked eye, hut a careful examination detects minute particles. The amount of quartz available hy simply quarrying on this long extended out crop is something surprising, and is at least adequate to the supply of a 20-stamp mill for years without deep mining. A sample of this quartz made up by breakiug fragments promiscuously from various ‘parts rof the surface in a working test in a mill, gave to the ton of 2,000 ibs, gold, $41.37; silver, $4.18; total, $44, 55. By fire assay the same sample gave $57.78. No metallic particles conld be seen in the samples selected. The lode is peculiarly situated for economical working. It is approached by a gentle grade dowu which the quartz can be taken to the mill by a) natural roadway, no grading being necessary. The total cost of treating the rock may be stated as follows: Assuming that the quartz is quarried off the surface for which there is an abundant supply. Breaking out and loading qnartz perton. . 50 Hauling { fo oils.. oe. gee ce 00 Machinery including mereury...... F I 00 Labor, say 3men per day and 30 tons CIUSHCA 56256 ieee eee see ee Totaly cc. : leeeeer rer Me cecee. ot OU In view of the history of other gold-beariug out-crops in Nevada, the ‘‘Madre” may prove a silver-bearing vein in depth. In point of strength of out-crop, it is more like the Gold Hill mines than anything I have seen elsewhere in Nevada. Iam able to add to these statements that I saw nothing in the Humboldt range, which appeared to hold out such good promise of early return for capital and labor expended as the Madre Lode. Its advantages are: Ist. Its great magnitude and consequent abundance of ore. 2d. Its accessihility and easy approach. 2d, Its comparative richnessin gold, and the simplicity of the process of amalgamation, all the metals existing as free metals. It is thorefore quite plain that if the “Madre” continues to hold its superficial promise, it can be made a rich paying mine. Mining Accidents, Gen. A. L. Page, superintendent of the Ingomar mine was severely bruised on the 21st ult. by being precipitated down a shaft, through the disarrangement of the hoisting gear. The brake strap was defective and gave way, letting him down at fearful speed. The lower part of his body was bruised very badly. At the Eureka mine in Grass,Valley a short time since William Rowe sustained injuries in his right eye by being struck with a picce of rock, A miner was severely hurt in Marcellu’s diggings on the 3dinst. according to the Nevada Gazette, by a defective blast. The Missoula Pioneer, says that a miner, name unknown was killed hy a cave in Deep Gulch,M. T., recently. A man named Schroeder was killed by a cave on the Ist inst., ina claim near Folsom. Two miners, named James Sullivan and Jeremiah Blood were killed by a cave in the Mount Diablo coal mines on the 4thinst. Tue GuapaLUPE Goup, Siuver & Coprrr M. Co.—This Company filed their ccrtifieate of iucorporation, March 30th, 1872, the object being to mine for the precious} * metals in the district Comondu, Lower California. ’ They have a capital stock of $2,000,000, (instead of $200,000, as has been stated in the papers of this city), divided into 20,000 shares of $100 each, and have placed 5,000 shares in the Treasury to be sold as 2 working capital, with the expectation of avoiding the necessity of ever levying an assessment on the stock. The mine has been opened to the depth of 115 ft. by a main shaft sunk on the course of the ledge and by two other shafts 50 and 30 ft. deep, 500 ft. apart from north to south, each shaft yielding copper of 90 per cent. Gold assayiug $60 per ton of 2,000 ibs, and silver, $58. We are assured that this is uo stock gambling institutiou, but that the company intend to proceed immediately to develop the mine. We understand that Capt. Wm. Williams, well-known as a mining superintendent on this coast, isto have full charge of the miue, the best guarantee that the mine will he worked legitimately, and in the interests of the stockholders. A. G. Wood, No. 210 Battery street, is the Secretary of the Company, to whom application can be made, for full particulars. Ores SaweLtep.—J. W. Thurman, 413 and 415 Mission street, crushed and sampled the following lots of ores for the month of March. 294 sks. Antimony, Mill City, Nevada. 1,054 sks Copper ore, Salt Lake. U. T. 2,200 sks. Copper ore, Battle Mountain, Nevada, 142 sks. Silver ore, Prescott Dist. Arizona. 302 sks. Silver ore, Arizona Mill, Nevada. 741 sks. Lead and Silver ore, White Mine, Battle Mt. 38 sks. Silver ore. Eureka Dist., Nevada. 66 sks. Silver ore, Clark Dist., Arizona. 4837 sks. The above copper ore from Salt Lake was sold in this market for Bluestoue; the 2,200 from Battle Mountain, copper, . was shipped to Liverpool on owners’ account. All the above lots of silver ore were purchased by shippers and shipped to . Liverpool. Copper ores are very scarce at this time aud there is a good demand both for shipment and manufacturing into Bluestone. New Incorporations. The following have filed certificates with the 9 . County Clerk, San Francisco: Corona Consonrpatep M. Co.—April 4. Location: Eureka District, Nevada. Capital stock, $5,000,000, in 50, 000 shares. Trustees —George DS Roberts, EH. P. Coon, D. H. Hall, L. 5. Adams and Henry Dutton. Auburn G. M. Co.—April 4. Placer county, California. Capital oe $800,000, in 8,000 shares. Trustees—Geo. Roberts, "Henry Baker, Stephen W. Lee, T. & Wright and J. R. Nickerson, Hownanp Tonnxext Co.—April 4. Location: Utah. Capital stock, $10,000,000, in 100,000 shares. Trustees—S. Hydenfeldt, Joseph Aaron, pechaal Castle, J. Steinhart, and W. H. Howand Eris M. anv M. Co, —April 5. Location: California. Capital stock, $600,000. Trustees—Geo. W. Marshall, ‘Archibald C. Peachy, Thomas J. Poulterer, Mortiz Mayblum and I. P. Couch. Yusa Graver M. Co.—April 6. Location: North Bloomfield or Virgin Valley District, Nevada county. Capital stock, $300,000, in 30,000 shares. Trustees—Thos, R. Hayes, John Skinker, C. W. Kellogg, Charles Hosmer and D. R. MecKillecan. Ura 8. M. Co.—April8. Location: Virginia District, Nevada. Capital stock, 2,000,000, in 20,000 shares, Trustees—A. K. P, Harmon, Chauncy B. Land and John Skae. Orgetto §. M. Co.—April 9. Location: Ely District, Nevada. Capital stock, $2,000,000, in 20,000 shares. Trustees—George D.

Roberts, J. 'D. Fry, M. D. Townsend, Wn. H. Sears and J. B. E. Cavallier. Jorty TRaveLER M.Co.—Apvil 9. Location: Ely District, Lincoln county, Nevada. Capital stock, $3,000,000, in 30,000shares. Trustees— Bp 2S Pritchard, AP. Cos, Geo. A. Treadwell, C. H. Rumsell and C. W. Band. Wesroor M. Co.—April 9. Location: Railroad District, Elko county, Nevada. Capital stock, $1,200,000, in 12,000 shares. Trustees —A. J. Roulstone, Hiram H. Colley and A. M. Hough. Ex Dorapo Sourn Consotrparep M. Co.— April 9. Location: Philadelphia M. District, Nye Co. Nevada. Capital stock, $4,000,000. Trustees—A. Hayward, W. F. Leon, J. 8. Slanson, H. Epstein, J. Steinhart, W. S. McCor mick and A. H. Rutherford. Desert ConsotipateD M. Co.—April 9. Location: Camp Floyd District, Tooele county, Utah.: Capital stock, $3, 000, 000, in 30,000 shares. Trustees—E. C. Catherwood, E. B. Rail, A. J. Bryant, John Harding and Harvey 8. Brown. EmeranD G. anp§. M. Co.—April 10. Location: El Dorado county, Cal. Capital stock, $250,000, in 2,500 shares. Trustees—Richard O'Neill, HP. ‘Walkelee, Phillip Cadue, Ho. Seale and Chas. E. McLane. Onrtent §. M. Co.—Filed an amended certificate of incorporation, April 10. Location: Ely Mining District. Capital stock, $2,000,000, in 20,000 shares. Trustees—S. A. Raymond, dame A. Pritchard, James Dods, Andrew Kohler and Wm. Hazlehurst. An amended certificate of incorporation of the Maxim Gas Conipany was filed, Mar. 10, which increases the capital stock from $600,000 to $1,200,000. Location: Elections. At the meeting of the Arizona & Utah mining Co. held on the Sth inst., the following Trustees were elected: Jas. A. Pritchard, M. D. Townsend, W. F. Meyers, W. H. Sears and N. T. Smith; Jos. Maguire was continued as Secretary. The Murphy Mining Co. elected the following Trustees on the 10 inst. Hill Beachy (Pres. ys Thos. Bell, J. H. Boalt, J. W. Gashwiler and J.D, Hague P.S. Buckminster was contin. ued as Superintendent and J. L. King Secretary. W. J. Lee, J. E. de la Montanya, Delos Lake, M. Mayblum, and C. O’Connor were elected Trustees of the South Emma mining Co. to-day. The Hercules Silver mining Co. have elected as follows: Henry Raymond (President), W. H. Sears, C. P. Hall, Geo A. Treadwell and J. T. Milliken (Secretary). Discoverias,—Placer diggings are reported to have been struck about13 miles from San Bernardino, in that county. Water being scarce, however, they can only be worked in winter. A ledge of high grade smelting ore has heen discovered in the Ruhy range, north of the Buckeye aud Champion mines, in Nevada. Quartz coutaining free gold is reported to have been found within a mile anda half of San Diego City. Another quicksilver lead has been discovered 7 or 8 miles from Cloverdale, hetween Sulphur aud Squaw Creeks, in Napa County. A dispatch from Los Angelos dated 10th inst. says that there is a reported discovery of tin and silver in the hills south of Cucomongo, near the Rubidoux rancho. Thirty men are now prospecting the hills. A ledge was found on Monday last, The locality bas been traditionally reported to be rich i in mineral wealth. Pacreic Saw Manuracrurinc Co.—We have received from the Pacific Saw Manufacturing Co. and N. W. Spaulding, their new price list and circular. This cirenlar gives a plain and succiut description of the saw manufacturing business on this coast, Although intended asa price list of the goods made by the company, it nevertheless contains matters of especial interest to every sawyer and millman, or those in any way connected with the business. The trade of this firm has become wide and extensive, and their enterprise and superior workmauship, we are pleased to learn, have driven foreign goods from the market. . The circular contains tables for the measurement of logs up to 96 inches in diameter, which must prove valuable to millmen. ‘The circular is illustrated with numerous cuts, showing the rooms of the factory, the process of making saws, sawteeth, saw-machinery, and it presents the neatest and hest typographical appearance of any similar publication we have ever seen. It was printed by Spaulding & Barto. A large portion of the edition will be furnished for Eastern circulation through the branch establishment of the house here. Mining Shareholders’ Directory—Meetings, Assessments and Dividends, (Compiled «weekly from advertisements in the Soren. Trio Presa and other San Francisco journala.] ASSESSMENTS. NAME, LOOATION, AMOUNT AND DAY DAY DATE OF ASSESSMENT. DELINQUENT. OF 8ALE. Alps S. M. Co. Nev., March 1, 75c...April 9—April 30 Bloomfield Gravel M.Co, Cal., Feb. 23,83. Mar.27—Apr, 13 Buckeye M. Co., Nev., Mar, 23.$1.25..April 26—May 15 Cons. Virginia M. Co., Nev., Mar. 19, $3.Apr. 24—May 18 Daney M. Co., Lyou Co., April 3, $1.50.. May 9—May 27 Francis M. Co., Cal., Aptil 6, $1....May 1i—June 4* Gould & Curry, Nev., Jan. 30, SL. . Mar, 4—April 26 Grand Duke M. Co., U. Aes Mar. 5 , 250. -April15—May 15 l1da Elmore, Idaho, ‘March 6. 33. . April 1i—May 10 Ingomar 8. M. Co., ‘Bly, April 2, 5c Hanh & Hunt $.M.Co. »Nev., Mar: 20, Jackson M. Co., Nev., “April BLOG.. es May 6—May 26 Knickerbocker, M, Co.Ney., Mar. 23, 50c.Apr.27—May 17 Lemon M. and M. Co., Eureka, April, $1.May 7-Jun 12 Louisi M. Co., Nevada, April 6, 10c...May 14 -June 10 Lyons & Wheeler Co., A.'f., April 6, 10c. May 15-dJune 3* Mahogany M. Co., I. T., estat 3, $1.50.. May 11—June 3 Mareclina 8. M. Go. Mar. 8 » 10c. «April 15—May 7* Mt. Jefferson M, Co., Cal., Apr. 3, « May 6—May 22* Nevada L. & M. Go., "Nev., March 28, de. -May 2, May 24* Nuestra Senora de Guadelupe, May 12, $2.Ap 15—May 8* Ophir S. & G. M. Co. Cal. Mar, 18, 20¢. April 20—May 7 Overman S. M.Co, Gold Hill, Mar.18, $4.Apr.13—May 13 Pacific Borax Co., Nev. Feb. 23, l5c.March 28—April 16 Peter Walter M. Co, Placer Co. Mar. 11, $1.Apr.18—May 6 Pheenix 8. M., Nev., Mar. 19, 75c. -April 24—May 15 Pocabontas G. M. Co., Cal., Feb. 5.April 6—May 6* Quail Hill M.& W. Co., Cal. Feb. 15,$5, Mar, 26—April 16* San Buenaventura Co. Cal., Jan. 19, $1-Peb. 29—Mar, 29 Siempre Viva Co., Mex., Mar. 25, 30c.., May 2—May 20* South Eureka, Nev., Mar. 2,15c.... April 4—April 23 8. Gold Hill M. Co., Nev., Apr 1, $2.50. May 6—May 27 Spring Mt. Tunnel Co.,March 12, 15c. April 22—May 12* Succor M. & M. Co., Nev., Mar. 20, $2.April 28—May 15 Tallulah M. Co., Nev., April 5, $1.50... May 7—dune 4 Tecumseh G.S EC, AI,Co.Cal. Mar: 20,$3. ADs 23—May 14* Union G, M. Co., Cal., April 11, $1... May 13—June 3* MEETINGS TO BE HELD, Best & Belcher M.Co...esesssseusens Meeting May 13 Enreka M. Co... . Annual Meeting May 7 Hale and Norcross.. . Special Meeting April 13 Huhn & Hunt 8S. M. Co. . Annual Meeting, April 22 Independent G. M. Co..e.eecescseeessMeeting May 8 Kinston M, Co...-++00+-.+ Annual Mceting April 20 Spring Mountain Tunnel C .Annual Meeting May 9 Neviada Land and M. Co. »Special Meeting April 25 Red ngton Quicksilver M. Annual Meeting April 18 LATEST DIVIDENDS—(Witbin Three Months). Belcher, $20 .Payable April 10 Chollar Potosi, $1 . Payable Feb. 10 Crown Point, $25 Eastport, Coose Bay, Co: Eureka Gold M. oe $i. Keystone M. Co,, $7.50.. Meadow Valley M. Co., $1. ‘50. North Star G. M. Co., $7. Raymond & Ely, $5... Raymond & Ely M. Co., Yule Gravel M. Co., 50c. — “Advertised in thi San Francisco Metal Market. Corrected weekly by Hooker & Co., 117 and 119 Cal. street PRICES FOR INVOICES .»Payable April 10. . Payable April 13 .Payable April 9 «Payable March 8 .Payable April 9 -Payable April 10 Fobbt rices rule from ten to fifteen per cent. higher than the ee 4 following Rane 2 TuHuRSDAY, April 11, 1872 Ino: Scotch and English Pig Iron, ‘B ton. $55 00 60 00 ite Pig, @ tom.sseeeee eeen sees 10 —— Ren ned Bar, bad assortment, @ Ib 54GB — 06 Rofined Bar, ga assortment, eB 16 = 7 Boiler, No. . to 4...+5 — 0 Plate, No. 5to9. 8 09 Sheet, No. 10 to 1 66a — 07 Sheet, No. Li to 20 r — 09 Sheet, No. 24 to 27. 6 @a—— Horse Shoes. 0 @ Nail Rod.. 1 Norway lro: a Rolled Iron 6 Otber Irons for Blacksmiths, Miners, eto. 6 @ 7 COPPER.— Sheathing, 3 4 @ — 2B Sheathing, 14 & — 6 Sbeathing, Old 1 = ile Composition Nails. 4 ~_ ’ CORTE: Bolts— 4 = TIN PLA’ Plates, “Chircoale Ix eb oe Plates, LC Charcoal. 10 50 oofing Plates...-. aS Banca ‘tn, Saha a Dee — 6 Srern.—LEngili: t, B ile Drill 16 li Wr 20 =D bey 08 — Big 9 —10 Bar. 08 — 09 Z1no.—Sbeets, 10 — 10% mee Tbe. Borax.—Refin Borax, ernde.