Volume 24 (1872) (424 pages)

se May 18, 1872.] SCIENTIFIC PRESS. 309 OntorxaL Hippen TreasvRE.—A [force ef 22 men was put on this week, and is embloyed breaking down oro and hoisting tothe dump. Sitver Wayr.—The ero in tho Boswell chamber is shewing well, Copver Giancr.—Tho ore has inercasod in qnantity. Arizona. Mines axp Mixinc.—Prescott Miner, April 27: The Del Pasco 4 stamp mill, in the Bradshaw mountaina, after a run of 3 days, made a clean-np of $1,500. ‘Ine Ticer Co. have lately sacked somo 20 toua of their hest ore for shipment to S. F., and it is estimated that betweon $200,000 and $300,000 worth of ore is now piled on the dnmp. Mr. Walsh reportsthe location of asilvor hearing vein of great promise, hy himself and othors. ‘The vein is named the Heathen Chinee, and is somo three-fourths of a mile aouthenst frou the Benjamin. Work on the Bonjamin is progressing and a level is heing run to connect the 2 main shafts. Sale has heen mado of a location on the Bismark to Hutchinson & Blair, at good figures. J. M. Sanford has aold to N. L. Griffin, lis interest in the Bismark and other mines for $2,00), Sosiz 50 men at work on the Upper Lynx Creek, most of whom are getting good pay. Several parties have arrived iu town from Arizona City and Ehrenberg, Yuma Co., who report aome activity in mining en tho Colorado. Poindexter, McGee, Spann, Radcliffe, and others are workiug placer diggings aud making fair wages. Mr. Huhhard is anperintending oporations at the Planet copper mines witha amall force, and is doiug woll. Heis shipping from 20,000 to 30,000 lbs. of good ore by every ateamer. C. Borger has been erecting a 10-stamp mill to work ore from the Constancia mine, 16 miles east from Ehrenberg, which is snpposed to he running, as it was intended to start up last Monday. Utah. Excirement.—S. L. Tribune, May 7: We hear that there is considerahle excitement in Ophir and Dry Canon over the recent disoovery of some extraordinary rich ore io the Jater camp. The new strike is represented as heing over 3 [t. thick and assaying $10,000 to the ton. San Franorsco Dist.—A numher of apecimens from different mines in the Dist., picked out by the men working upon them, vary in value from 18 per ceut. lead and $5.27 silver to 31 per cent. lead and $10.18 silver. : Littix Corronwoep.—Cor. same: “A rich atrike has jnst been made in the Wellington and in the Lexington. In the latter they are drifting through the vein at 40 ft. deep to ascertain its width. It is in 10 ft. with no hanging wall yet; foot wall well defined. Goine To Worr.—About 100hands have been put to work on the Howland & Etna Tunnel sites in Little Cottonwood Canon within the last week. Bia Corronwoop.—Cor. aame: Work on Kelser Creek is being pushed ahead vigorously. The Sailor Jack is working 7 men. The Belle of France Tunnel, on the east slope, is 65 ff in, working 4 men. The Wide West has just resumed work, 2 men. Tho two Robinsons’ mines, which has been working all winter, has an incline of 120 ft andis running a level at 65 [t; 3 men are at work. The McDougall, to the northeast, havea tnnnel 83 ft in and an incline shout 40 ft, and about 200 tons of ore on the dump; working 3 men. On the opposite hill, hut fnrther up the fork, we find the Reed & Benson resumed work with 12 men. Northwest is the Robert Emmett, which has been working for the past 6 weeks. Still below ia the Comet, which has been working for the past month. Among theclaimaon which work will be reaumed are the following: The Argenta, on the Reed & Bonson Hill. On the peak are the Homeward Bound, Home Ticket, George Washington and Niagara. At Sonth Fork, Big Cottonwood, Joseph Mullen, of the Mullen mine, is pnshing ahead work, and ata depth of 110 ft. with 3 ft. of ore; 7 meu are at work. The Zoe, near by is ahig thing, going well up iu copper, silver aud gold. The Robison will start up soon. Buack Jaox anp Burrerrimetp Canon.— Cor same: First comes the Lucky Boy, or Osceola, (now cons.), lately purchased by Cummings & Co., who are working about 30 men. Two tunnels tap the ledge at 100 and 160 ft., showing a magnificent vein of ere some 7 ft. in width. The Gladstone has a shaft down 45 ft. which exposes a fine vein of 5 ft. A tnnnel is in 100 [t. which will tap the ledge at 140 ft. Three shafts are running and work is heing vigorously pushod. Assays raugo from $80 to $160, The Minerva has a shaft down 25 ft. which showaa vein of ledge matter somo 12 ft. in width, and a vein ef ore 2ft. A tnnnel is being vigorously pushed that will tap the ledge at 200 ft. Three shifts working. Assays range froin $0 to $600. The Occidental has n tnnnel which taps the ledge at 60 [t., and shows a fine vein of oro 21% ft. in width. Two shifts working. Tho Old Times has a shaft down 20 [t. showing a hnge vein of ledge matter and some ore, A tunnel isin 120 ft. which will tap the ledge at 90 [t. At present they are drifting on a spur and have good ore. Two shifts working. The Loadstone has a shaft down 40 [t. and has avein of carhonate ore of 10 inches. Two shifts are working. Assays from $90 to $380. The French Spy has a ahaft down 60 ft. and has a vein of chloride ore of 10 inches. A tunnel is started that will tap the lodge at 200 ft. Two shifts working. Assays range from 90 to 1,900. Thero are some 200 locations made in this and Butterfield caion, bnt as yet thoy are not snfliciently developed to determino their worth. [Owing to press of important matter our usual summary from Colorado, Idaho and Montana, is laid over till next week. ] —— San Francisco Stock and Exchange Board. Taurspay, May 16. The sales at the Board for the week ending, on the 8th inst., amounted to $6,357,000, which was $2,000,000 less than the previous week. Since May 7th, $235,000 has been received from the Meadow Valley mine, and on the 9th inst., tho Raymond & Ely sent down $32,000, and on the 13th $31,900, The Chollsr Potosi yielded last week 1,000 tons of ore, assaying $40.70; the Hale & Norcross yielded 900 tons and the Ssvage 960 tons, assaying $34.80 per ton. This month, Belcher paid a dividend of $312,000; the Raymond & Ely $210,000; Yule Gravel, $5,000; Eastport Coos Bay Co., $2,500 ; Meadow Valley, $60,000 and Crown Point $480,000, making a total of $1,069,500, The Crown Point dividend is the largest ever paid by any of our companies ina single month. The Mahogany sent down this week $7,600 in bullion. A most disastrous bresk hss occurred in the Stock Market, and all descriptions have fallen. The psnio is wide spread and the names of losers are heard on every side. As a general thing, the rise culminated during the last week in April, and since then, the depreciation has been rapid, and for most all descriptions. On Friday the 10th, a little improvement over the hreak, on the previous Wednesday was shown, as prices with some were as high as they stood previons to that event. On Monday business was quiet and nearly sll kinds lower. Tuesday there was a break, snd the average decline was from $20 to $50. On Wednesday, although it wss supposed by many that stocks would rally, a marked decline was apparent on nearly all kinds. Confidence was pretty generally shaken, and the msin purpose of dealers was to get offas lightly ag possible. To day there was a slight reaction but the tone of the market is quite weak. The informs! sessions of the Board hsve beon dispensed with since they detract from the interest at the regnisr sessions, and business at that session has declined. This panic hss been brewing for some time and although the mines themselves are ss good as they were during the hight of the excitement, the impression hss gained ground thst the prices of many descriptions were far, above their real value. The sensational rumors and statements concerning the Yellow Jacket mine have also had a marked effect in depreciating valucs. Some suppose that it is merely a dodge for certain parties to buy in certain stocks, before oxisting developments became known. The ahundance of the supplies in some of our leading mines will no doubt hring them up again in the markot, and it is to be supposed that some others will eventually, be carried np with them, Whether they will ever get up as high again as they have been recently is an open question. A number of companies have recently ‘wat. ered”’ theirstock,among them the Crown Point, which has incroased the nnmber of shares from 12,000 to 100,000 which will give small huyers su chanco to invest in that renowned property. On Wednesday, in the Board, whon everything else was falling, Crown Point was offered at 31,300, which wss taken; $1,350 hid and taken, and $1,400 hid and taken, and the lattor amonnt hid for-moro, hut there was nohody who wanted to’sell. At this, there was a general applauso among the hrokers and oporators, a very nnusual occurrence. Itis to he hoped that now this extraordinary excitement in stocks has partially subsided that the new companios and the old ones too will look more to actual ore developmonts than to stock fluctuations, and that those who are too poor to afford it will stick to some logitimate husiness which is attended with less risk, Mine if you want to, hut do itin the proper manuer, not with certificates of stock. The peoplo who did not draw out in timo aro completely demoralized, nnd a number of failures aro expected, nnless prices go up considerably in a short timo. Comparative Prices—Extremes, Advance and ecline.—S. F. Stock and Ex. Board. May 9, 9 Mighest. Lowet, May 16, Adv, Der Plia «-csseeeee $0 132% 55 BY =bh 18 MW = = SS OF. 1300 80u Bl] —30 Buckeye. qT 4 5's = Chotlur-Potos 4 (180 9% 10 — 42g Caledonia . 10 160 53 65 5 Coas. Virgin’ 90 95 45 66 = 35 Crown Poin 1i50 1900 lou 130 — 150 Daney., . _ She 3 — Eureka Con 3L 34 zi 31 _ Fureka. = 20 1 -Exchequer 50 60 3e 60 =ould & Curry.360 424 24 240 > 120 Golden Ohaniot., 13 16 We — aa es Hale & Norcross 25 300 14 150 — lda Elmore. _ 22 19 Wg400 00 200 — 10 37 2g = bps 630 315, 340 —ho 2g 1 = =18 Be BY — q 25 Hi Ms 5 = = = 45 lil¢ 2 Wye115 0 95 Saad 55 18 ng 0 =—_ 120 10 106 =32 580. 265 265 — 300 31g 2 25 as 10 6 = 2 4 fg 20245 40 1 = 90 Seg. Belcher. 195 80 % qTg Latest Prices—Bid and Asked. DID. ASKED. Eureka.. 0 . 25 olden Chariot. — — . Raymond & Ely. 106 110 Gould & Curry. 240 . Sierra Nevada. 3 TY. —_ (ee et Hale & Norcross 140 M5 . Yellow Jacket. 130 San Francisco Metal Market. Oorrected weekly hy Hooker & Co., 117 and 119 Oal. atreet PRICES FOR INVOJOXS fobbing prices rule from ten to fifteen por cent, higher than the following quotations. THURSDAY, May 16, 1872 lrov.— Scotch Pig lron, ® ton, $70 00 —— Whate Pig, @ ton..» 52 00 = 5/6 — 06 6 — 07 5S — 06 8 — 09 [ie 07 7 — 09 6 @—— 0 1 8 6 6@ 7 1 @— 8B 1 @ — 26 Sheathing, Y 1 —llk Composition Naila. 4 = Composition Bolts. — = Tin PLATES.— Plates, Charcoal, (X PB box. 2 00 —-— Plates, LO Charcoal . 10 00 10 50 pont a weepees 0 =—— Banca Tin, Slabs, @ ib _— — 4 TEEL.—LEnglish Cast, @ ib —16 -l Drill . 16 7 lat B MT 20 Plough P. 375 12! 06 be Shee’ 08 =—) Fipe -9 —10 Bar. 08 — 09 ZINC.— ( 10 — 10% Borax.—Refine: — 30 Borax, crude. Leather Market Report. (Corrects@ weekly by Dolllyer & Bro., No. 109 Post st.] Saw Franorsco, Thnreday, May 16, 1872. SouE LEATHER—The demand is Gets with an advance in Eastern market, whioh will prohabl City Tanned Leather, @ b Santa Cruz ly soon be feit here. Leather, ky Db b Frenob skins are firmer with an advance in some grades, Heavy California skins are firm, with an upWard tendency, Jodot, 8 Kil., per doz -+. : $e Jodot, 1] to ig Kil., per doz. Jodot, Aecond ang » 1} to 1: 3 S328 2333s Oorncllian, 16 Kil Cornellian, 12 to 14 Qeerau Calf, of imon, 18 Kil., 00 Simon, 20 Kil. 00 Simon, 24 Kil. @ doz. 00 Rohert Calf, 7and 8 00@ 40 00 French Kips, @ 3b. (0 1 30 California Kip, @ doz . 00 to 80 00 French Sheep, all color Eastern Calf for Backs, B Sheep Roans for Topping, a! Sheep Roans for Linings, 0 California Russett Sheep Linings Best Jodot Calf Boot Legs, pair., Good French Calf Boot y pair. Frenok Calf Boot Legs, # pai! Harness Leather, B Fair Bridle Leather, Skirting Leather, 8 Welt Leather, 7 doz. Boff Leather, # foot Wax Side Leather, 3 S258 S8s8 =) Ss 28 eeu ne beEeeaesaae Gish, @ cERS G9 S55855 6 BYSxSxk Mining Shareholders’ Directory—Meetings, Assessments and Dividends. (Compiled weekly from advertlseementa In the StrenTIvl0 Press and othor San Francisco journals.) ASSESSMENTS. NAME, LOOATION, AMOUNT AND DAY DAY DATE OF A xT. DEL ST. OF SALE. Alleghany Consolidated, Cal. Ap, 20, 25¢,Juno3—Jnue 24* Balto, M.Co,,Storey Co.,Nev.,Ap'l $0, $1.June 5—Juno 28 Cons. Virglnla M. Co., Nov., Mar. 19, $3,Apr. 24—May 18 Crowu Potut R. 8. M, Co., May 3, $5.Juue 20—July 20 Daney M. Co., Lyon Co,, April 3, $1.50. May 9—May 27 Eaglo Quicksllver, May 8, $40...July 11—Jnly 16* El Dorado M. Co., Cal., Muy 13, 26¢. Francls M. Co., Cal., April 6, $1.. Gon. lee 8. M.Co., W. Pine, Ap'l 27,10c.Junoll—July 2 Golden Churtot, Idaho T., April 12, $1.60. May 22-Juuo 18 Id. ‘Treas, M. Co., W. P., May 11, 10e.June 17—July 8 Hld.Treas.Cons.M.Co.W.P.,May 11, 10c.June17—July 8 Hubu & Hunt 8.M.Co, Nev ,Mar.20, 26¢, .Apr.29-~May 27 Ingomar S. M, Co., Ely, April 2, 2 Muy 8—May 31* Imperlatriece Eugenle, Cal., April 26 June 2—June 17 Jackson M. Co., Nev., April 3, 250 May 6—May 25 Julla G, & 8. M. Co., Nev., April 2 ay 25—June 15 Kiueald Flat, Ca = Tay 27—June 17* Lemon M, and M. ¢ 1,May 7-June 12 Lord Byron G.&S.M,! June 3—June 22 Louise M.Co., Nevada, Ap ay 14-June 10 Lyous & Wheeler Co., A. T., Ap ce. May 15-Juno 3* Magnolla 8. M. Co., Nev., April 22, 26e. May 26—Juno 20 Mina Rica M. Co., May 4, 20c,...dune 10—July 1* Minn, G. & S. M.Co.,1.T.,May 12, $1.60.J vne 22—July 20 Mt. Jefferson M, Co., Cal., Apr. 3, 30c., May 6—May 22* Nevada L. & M (o., Nev., March 28, 4e.May2, May 21* Ophir 8. M. Co., Nev,, April 17, $5.. May 22—June 13 Paeitio Borax Co,, Nevada, May 4, 20c.,.Juue 6—Juue 29 Page & Pauses, Noy. April 12, 60e.. May 20—Juno 15 Pea VlueS.M.Co. Ely Dist.,May 14, 20c.June 20—July 12 Picrmont M, & M. Co., April 16, 40¢ lay 20—Juno 19* Prido of Mt.M.Co. Nev., May 7, 25e,,.Jnne 17—July 10 Rising StarS.M. Co , Idaho, Ap'!97, $1. .June 1—Juno 29 San Buenaventura Co. Cal., Jan. 19, $1.Foh. 29—Mar. 29 Siempre Viva Co., Mex., Mor, 25, 3c,. May 2— May 20* 8. Gold Hill M. Co., Nev. Apr 1, $2.50. May 6—May 27 8. F. M. Co., Utah Ter., April18, 25¢.Mey 16—Junes* Silver Sprout M.Co,, Cal. April 29, 50c June 1—Juno 22* Silver Wave, W. P., Nev. Apr. 10, 50c. May 14—Juno 13* Spring Mt. Tunpel Co,,April 11, 15¢. May 20—Juno 10* Sumner, Kern Co,, April 11, $10..May 22—Juno 21 Tallulah M. Co,, Nev., April 5, $1.50., May 7—Juno 4 Teeumseh M. Co., Cal., April 24, $ May 29—June 17* Union G. M. Co., Cal. April 11, $1 a Washiugton M. Co., May 8, $3. June 11—June 29* Wash. & Creolo M. Co.,.Nev.,May 13,7i¢.June 20—July 17 MEETINGS TO BE HELD. Adriatle G, & 8. M.Ca »Special Meeting, Juno 8 Special Meeting, June 4 Annual Meeting, Juus 4 -Speclal Meeting, June 1 Speelal Meeting, May 24 -Annual Meeting, May 27 .Annnal Meeting, May 29 «Special Meeting, June 4 -Speeial Mecting, May 20 -Speccial Meeting, June 10 Emplro M. & M. Co. Special Meeting, June 8 Empire M. & M. Co.. Special Meeting, June 10 Golden Age & Empire M. Co,.Annual Meeting, May 27 Gold Canon Cons, M. Co,. -Speeial meeting, May 31 Green G, & 8. M. Co . Special Meeting, Juno 3 Hale & Norcross. .-Special Meeting, May 30 .Special meeting, May 28 . Annual Meetiug, Juuo 4 Annual Meeting, June 14 Annual Meeting, May 20 Special meeting, June 3 -Speeial Meeting, June 10 . Aunual Meeting, June 3 Annual Meeting, May 25 's Culavoras HydraConfidenco 8, M. Co. Consolidated Virgima, Del Rey S. M. Co.. Mammoth §. M, Co. Louise M. Co.. Minn. G. & 8. M. Co. Overman 8. M. Co. Rising Star S. M. Co Servator 8, M. Co. Silver Sprout M. Ca. St. Louis M. Co, Teeumsrch G. 8. Special Meeting, June 3* Special Meeting, Juno 6 eeial Meeting, June 12* Annnal Meeting, June 4 Special Meeting, June 25 hin Three Months}. -Payahle May 10 Payahle April 10 Payahle Feb. 10 Payablo May 11 .00.Payahie May 13 Payahle March 11 .Payahle April 10. Payable May 16 . Payable April 9 .Payable May 6 -Payable May 1 » M. Co., Eastport, Coose Bay, Coal M. Co., Eureka Gold M. Co.,$1. Keystone M. Co,, $7.50., Meadow Valley M. Co., $1.0 North Star G. M. Co., $7. Raymond & Ely M. Co,, $7. Yule Gravel M. Co, 60e.. —*Adyertiaed in this journal. Meetings and Elections. At the annusl meeting of the Empire Mining Company, held on the 14th inst., the following gentlemen were elected Trustees for the ensning year: Hill Beachy, J. S. Kennedy, Geo. W. Beaver, M. Herman, and C. F. Baleom. The Board organized by the election of Hill Beachy, President; J. S. Kennedy, Vice President; C. F. Balcom, Secretary and Treasurer, and A. P. Minear, Snperintendent. At the annual meeting of the Pea Vine Silver Mining Company, held on the 14th inst., the following gentlemen were elected Trustees for the ensuing year: J. B. E. Csvallier, C. W. Fox, C. P. Hall, E. Skerritt, C. F. Schulze. The Board orgsnized by the election of J. B. BE. Cavallier as President, C. W. Fox ss Vice President, and C. F. Baleom as Secretary. The Orient Silver Mining Compsny, on the 13th inst., elected its Trustees ss follows: J. A. Pritchard (President), A. T. Hatch, J. Dods, S. A. Raymond and H.H. Day. Joseph Maguire was appointed os Secretary. The Washington & Creole Mining Company have elected A. J. Boile, Jr., and S. Linkton Trustees, in plsce of P. H. Connor and Henry Janin, resigned. A. C. Hamilton has been appointed Superintendent of the Savage mine, in place of F. B. Shamp. The William Penn Consolidated Mining Company will hold a meeting on the 15th of June, to consider a proposition to increase the capital stock from $810,000, in 27,000 shares, to $1,350,000, in 27,000 shares. The Best & Belcher Mining Company held a meeting on the 13thinst., and resolved to increase their capital stock from $448,000 to $2,240,000, in 22,400 shares. The Bacou M. & M. Co. will meet on the Ist of June, to consider a proposition to increase their capital stock from $800,000, in 4,000 shares, to $2.400,000, in 24,000 shares,

se May 18, 1872.] SCIENTIFIC PRESS. 309 OntorxaL Hippen TreasvRE.—A [force ef 22 men was put on this week, and is embloyed breaking down oro and hoisting tothe dump. Sitver Wayr.—The ero in tho Boswell chamber is shewing well, Copver Giancr.—Tho ore has inercasod in qnantity. Arizona. Mines axp Mixinc.—Prescott Miner, April 27: The Del Pasco 4 stamp mill, in the Bradshaw mountaina, after a run of 3 days, made a clean-np of $1,500. ‘Ine Ticer Co. have lately sacked somo 20 toua of their hest ore for shipment to S. F., and it is estimated that betweon $200,000 and $300,000 worth of ore is now piled on the dnmp. Mr. Walsh reportsthe location of asilvor hearing vein of great promise, hy himself and othors. ‘The vein is named the Heathen Chinee, and is somo three-fourths of a mile aouthenst frou the Benjamin. Work on the Bonjamin is progressing and a level is heing run to connect the 2 main shafts. Sale has heen mado of a location on the Bismark to Hutchinson & Blair, at good figures. J. M. Sanford has aold to N. L. Griffin, lis interest in the Bismark and other mines for $2,00), Sosiz 50 men at work on the Upper Lynx Creek, most of whom are getting good pay. Several parties have arrived iu town from Arizona City and Ehrenberg, Yuma Co., who report aome activity in mining en tho Colorado. Poindexter, McGee, Spann, Radcliffe, and others are workiug placer diggings aud making fair wages. Mr. Huhhard is anperintending oporations at the Planet copper mines witha amall force, and is doiug woll. Heis shipping from 20,000 to 30,000 lbs. of good ore by every ateamer. C. Borger has been erecting a 10-stamp mill to work ore from the Constancia mine, 16 miles east from Ehrenberg, which is snpposed to he running, as it was intended to start up last Monday. Utah. Excirement.—S. L. Tribune, May 7: We hear that there is considerahle excitement in Ophir and Dry Canon over the recent disoovery of some extraordinary rich ore io the Jater camp. The new strike is represented as heing over 3 [t. thick and assaying $10,000 to the ton. San Franorsco Dist.—A numher of apecimens from different mines in the Dist., picked out by the men working upon them, vary in value from 18 per ceut. lead and $5.27 silver to 31 per cent. lead and $10.18 silver. : Littix Corronwoep.—Cor. same: “A rich atrike has jnst been made in the Wellington and in the Lexington. In the latter they are drifting through the vein at 40 ft. deep to ascertain its width. It is in 10 ft. with no hanging wall yet; foot wall well defined. Goine To Worr.—About 100hands have been put to work on the Howland & Etna Tunnel sites in Little Cottonwood Canon within the last week. Bia Corronwoop.—Cor. aame: Work on Kelser Creek is being pushed ahead vigorously. The Sailor Jack is working 7 men. The Belle of France Tunnel, on the east slope, is 65 ff in, working 4 men. The Wide West has just resumed work, 2 men. Tho two Robinsons’ mines, which has been working all winter, has an incline of 120 ft andis running a level at 65 [t; 3 men are at work. The McDougall, to the northeast, havea tnnnel 83 ft in and an incline shout 40 ft, and about 200 tons of ore on the dump; working 3 men. On the opposite hill, hut fnrther up the fork, we find the Reed & Benson resumed work with 12 men. Northwest is the Robert Emmett, which has been working for the past 6 weeks. Still below ia the Comet, which has been working for the past month. Among theclaimaon which work will be reaumed are the following: The Argenta, on the Reed & Bonson Hill. On the peak are the Homeward Bound, Home Ticket, George Washington and Niagara. At Sonth Fork, Big Cottonwood, Joseph Mullen, of the Mullen mine, is pnshing ahead work, and ata depth of 110 ft. with 3 ft. of ore; 7 meu are at work. The Zoe, near by is ahig thing, going well up iu copper, silver aud gold. The Robison will start up soon. Buack Jaox anp Burrerrimetp Canon.— Cor same: First comes the Lucky Boy, or Osceola, (now cons.), lately purchased by Cummings & Co., who are working about 30 men. Two tunnels tap the ledge at 100 and 160 ft., showing a magnificent vein of ere some 7 ft. in width. The Gladstone has a shaft down 45 ft. which exposes a fine vein of 5 ft. A tnnnel is in 100 [t. which will tap the ledge at 140 ft. Three shafts are running and work is heing vigorously pushod. Assays raugo from $80 to $160, The Minerva has a shaft down 25 ft. which showaa vein of ledge matter somo 12 ft. in width, and a vein ef ore 2ft. A tnnnel is being vigorously pushed that will tap the ledge at 200 ft. Three shifts working. Assays range froin $0 to $600. The Occidental has n tnnnel which taps the ledge at 60 [t., and shows a fine vein of oro 21% ft. in width. Two shifts working. Tho Old Times has a shaft down 20 [t. showing a hnge vein of ledge matter and some ore, A tunnel isin 120 ft. which will tap the ledge at 90 [t. At present they are drifting on a spur and have good ore. Two shifts working. The Loadstone has a shaft down 40 [t. and has avein of carhonate ore of 10 inches. Two shifts are working. Assays from $90 to $380. The French Spy has a ahaft down 60 ft. and has a vein of chloride ore of 10 inches. A tunnel is started that will tap the lodge at 200 ft. Two shifts working. Assays range from 90 to 1,900. Thero are some 200 locations made in this and Butterfield caion, bnt as yet thoy are not snfliciently developed to determino their worth. [Owing to press of important matter our usual summary from Colorado, Idaho and Montana, is laid over till next week. ] —— San Francisco Stock and Exchange Board. Taurspay, May 16. The sales at the Board for the week ending, on the 8th inst., amounted to $6,357,000, which was $2,000,000 less than the previous week. Since May 7th, $235,000 has been received from the Meadow Valley mine, and on the 9th inst., tho Raymond & Ely sent down $32,000, and on the 13th $31,900, The Chollsr Potosi yielded last week 1,000 tons of ore, assaying $40.70; the Hale & Norcross yielded 900 tons and the Ssvage 960 tons, assaying $34.80 per ton. This month, Belcher paid a dividend of $312,000; the Raymond & Ely $210,000; Yule Gravel, $5,000; Eastport Coos Bay Co., $2,500 ; Meadow Valley, $60,000 and Crown Point $480,000, making a total of $1,069,500, The Crown Point dividend is the largest ever paid by any of our companies ina single month. The Mahogany sent down this week $7,600 in bullion. A most disastrous bresk hss occurred in the Stock Market, and all descriptions have fallen. The psnio is wide spread and the names of losers are heard on every side. As a general thing, the rise culminated during the last week in April, and since then, the depreciation has been rapid, and for most all descriptions. On Friday the 10th, a little improvement over the hreak, on the previous Wednesday was shown, as prices with some were as high as they stood previons to that event. On Monday business was quiet and nearly sll kinds lower. Tuesday there was a break, snd the average decline was from $20 to $50. On Wednesday, although it wss supposed by many that stocks would rally, a marked decline was apparent on nearly all kinds. Confidence was pretty generally shaken, and the msin purpose of dealers was to get offas lightly ag possible. To day there was a slight reaction but the tone of the market is quite weak. The informs! sessions of the Board hsve beon dispensed with since they detract from the interest at the regnisr sessions, and business at that session has declined. This panic hss been brewing for some time and although the mines themselves are ss good as they were during the hight of the excitement, the impression hss gained ground thst the prices of many descriptions were far, above their real value. The sensational rumors and statements concerning the Yellow Jacket mine have also had a marked effect in depreciating valucs. Some suppose that it is merely a dodge for certain parties to buy in certain stocks, before oxisting developments became known. The ahundance of the supplies in some of our leading mines will no doubt hring them up again in the markot, and it is to be supposed that some others will eventually, be carried np with them, Whether they will ever get up as high again as they have been recently is an open question. A number of companies have recently ‘wat. ered”’ theirstock,among them the Crown Point, which has incroased the nnmber of shares from 12,000 to 100,000 which will give small huyers su chanco to invest in that renowned property. On Wednesday, in the Board, whon everything else was falling, Crown Point was offered at 31,300, which wss taken; $1,350 hid and taken, and $1,400 hid and taken, and the lattor amonnt hid for-moro, hut there was nohody who wanted to’sell. At this, there was a general applauso among the hrokers and oporators, a very nnusual occurrence. Itis to he hoped that now this extraordinary excitement in stocks has partially subsided that the new companios and the old ones too will look more to actual ore developmonts than to stock fluctuations, and that those who are too poor to afford it will stick to some logitimate husiness which is attended with less risk, Mine if you want to, hut do itin the proper manuer, not with certificates of stock. The peoplo who did not draw out in timo aro completely demoralized, nnd a number of failures aro expected, nnless prices go up considerably in a short timo. Comparative Prices—Extremes, Advance and ecline.—S. F. Stock and Ex. Board. May 9, 9 Mighest. Lowet, May 16, Adv, Der Plia «-csseeeee $0 132% 55 BY =bh 18 MW = = SS OF.. 1300 80u Bl] —30 Buckeye.. qT 4 5's = Chotlur-Potos 4 (180 9% 10 — 42g Caledonia . 10 160 53 65 5 Coas. Virgin’ 90 95 45 66 = 35 Crown Poin 1i50 1900 lou 130 — 150 Daney., . _ She 3 — Eureka Con 3L 34 zi 31 _ Fureka.. = 20 1 -Exchequer 50 60 3e 60 =ould & Curry.360 424 24 240 > 120 Golden Ohaniot., 13 16 We — aa es Hale & Norcross 25 300 14 150 — lda Elmore. _ 22 19 Wg400 00 200 — 10 37 2g = bps 630 315, 340 —ho 2g 1 = =18 Be BY — q 25 Hi Ms 5 = = = 45 lil¢ 2 Wye115 0 95 Saad 55 18 ng 0 =—_ 120 10 106 =32 580. 265 265 — 300 31g 2 25 as 10

6 = 2 4 fg 20245 40 1 = 90 Seg. Belcher. 195 80 % qTg Latest Prices—Bid and Asked. DID. ASKED. Eureka... 0 . 25 olden Chariot. — — . Raymond & Ely. 106 110 Gould & Curry. 240 . Sierra Nevada. 3 TY. —_ (ee et Hale & Norcross 140 M5 . Yellow Jacket.. 130 San Francisco Metal Market. Oorrected weekly hy Hooker & Co., 117 and 119 Oal. atreet PRICES FOR INVOJOXS fobbing prices rule from ten to fifteen por cent, higher than the following quotations. THURSDAY, May 16, 1872 lrov.— Scotch Pig lron, ® ton, $70 00 —— Whate Pig, @ ton...» 52 00 = 5/6 — 06 6 — 07 5S — 06 8 — 09 [ie 07 7 — 09 6 @—— 0 1 8 6 6@ 7 1 @— 8B 1 @ — 26 Sheathing, Y 1 —llk Composition Naila. 4 = Composition Bolts. — = Tin PLATES.— Plates, Charcoal, (X PB box. 2 00 —-— Plates, LO Charcoal . 10 00 10 50 pont a weepees 0 =—— Banca Tin, Slabs, @ ib _— — 4 TEEL.—LEnglish Cast, @ ib —16 -l Drill . 16 7 lat B MT 20 Plough P. 375 12! 06 be Shee’ 08 =—) Fipe -9 —10 Bar. 08 — 09 ZINC.— ( 10 — 10% Borax.—Refine: — 30 Borax, crude.. Leather Market Report. (Corrects@ weekly by Dolllyer & Bro., No. 109 Post st.] Saw Franorsco, Thnreday, May 16, 1872. SouE LEATHER—The demand is Gets with an advance in Eastern market, whioh will prohabl City Tanned Leather, @ b Santa Cruz ly soon be feit here. Leather, ky Db b Frenob skins are firmer with an advance in some grades, Heavy California skins are firm, with an upWard tendency, Jodot, 8 Kil., per doz -+.. : $e Jodot, 1] to ig Kil., per doz. Jodot, Aecond ang » 1} to 1: 3 S328 2333s Oorncllian, 16 Kil Cornellian, 12 to 14 Qeerau Calf, of imon, 18 Kil., 00 Simon, 20 Kil. 00 Simon, 24 Kil. @ doz. 00 Rohert Calf, 7and 8 00@ 40 00 French Kips, @ 3b.. (0 1 30 California Kip, @ doz . 00 to 80 00 French Sheep, all color Eastern Calf for Backs, B Sheep Roans for Topping, a! Sheep Roans for Linings, 0 California Russett Sheep Linings Best Jodot Calf Boot Legs, pair., Good French Calf Boot y pair. Frenok Calf Boot Legs, # pai! Harness Leather, B Fair Bridle Leather, Skirting Leather, 8 Welt Leather, 7 doz. Boff Leather, # foot Wax Side Leather, 3 S258 S8s8 =) Ss 28 eeu ne beEeeaesaae Gish, @ cERS G9 S55855 6 BYSxSxk Mining Shareholders’ Directory—Meetings, Assessments and Dividends. (Compiled weekly from advertlseementa In the StrenTIvl0 Press and othor San Francisco journals.) ASSESSMENTS. NAME, LOOATION, AMOUNT AND DAY DAY DATE OF A xT. DEL ST. OF SALE. Alleghany Consolidated, Cal. Ap, 20, 25¢,Juno3—Jnue 24* Balto, M.Co,,Storey Co.,Nev.,Ap'l $0, $1.June 5—Juno 28 Cons. Virglnla M. Co., Nov., Mar. 19, $3,Apr. 24—May 18 Crowu Potut R. 8. M, Co., May 3, $5..Juue 20—July 20 Daney M. Co., Lyon Co,, April 3, $1.50.. May 9—May 27 Eaglo Quicksllver, May 8, $40.....July 11—Jnly 16* El Dorado M. Co., Cal., Muy 13, 26¢.. Francls M. Co., Cal., April 6, $1.... Gon. lee 8. M.Co., W. Pine, Ap'l 27,10c.Junoll—July 2 Golden Churtot, Idaho T., April 12, $1.60. May 22-Juuo 18 Id. ‘Treas, M. Co., W. P., May 11, 10e..June 17—July 8 Hld.Treas.Cons.M.Co.W.P.,May 11, 10c.June17—July 8 Hubu & Hunt 8.M.Co, Nev ,Mar.20, 26¢, .Apr.29-~May 27 Ingomar S. M, Co., Ely, April 2, 2 Muy 8—May 31* Imperlatriece Eugenle, Cal., April 26 June 2—June 17 Jackson M. Co., Nev., April 3, 250 May 6—May 25 Julla G, & 8. M. Co., Nev., April 2 ay 25—June 15 Kiueald Flat, Ca = Tay 27—June 17* Lemon M, and M. ¢ 1,May 7-June 12 Lord Byron G.&S.M,! June 3—June 22 Louise M.Co., Nevada, Ap ay 14-June 10 Lyous & Wheeler Co., A. T., Ap ce. May 15-Juno 3* Magnolla 8. M. Co., Nev., April 22, 26e. May 26—Juno 20 Mina Rica M. Co., May 4, 20c,.....dune 10—July 1* Minn, G. & S. M.Co.,1.T.,May 12, $1.60.J vne 22—July 20 Mt. Jefferson M, Co., Cal., Apr. 3, 30c., May 6—May 22* Nevada L. & M (o., Nev., March 28, 4e.May2, May 21* Ophir 8. M. Co., Nev,, April 17, $5... May 22—June 13 Paeitio Borax Co,, Nevada, May 4, 20c.,.Juue 6—Juue 29 Page & Pauses, Noy. April 12, 60e... May 20—Juno 15 Pea VlueS.M.Co. Ely Dist.,May 14, 20c.June 20—July 12 Picrmont M, & M. Co., April 16, 40¢ lay 20—Juno 19* Prido of Mt.M.Co. Nev., May 7, 25e,,.Jnne 17—July 10 Rising StarS.M. Co , Idaho, Ap'!97, $1. .June 1—Juno 29 San Buenaventura Co. Cal., Jan. 19, $1.Foh. 29—Mar. 29 Siempre Viva Co., Mex., Mor, 25, 3c,.. May 2— May 20* 8. Gold Hill M. Co., Nev. Apr 1, $2.50. May 6—May 27 8. F. M. Co., Utah Ter., April18, 25¢..Mey 16—Junes* Silver Sprout M.Co,, Cal. April 29, 50c June 1—Juno 22* Silver Wave, W. P., Nev. Apr. 10, 50c. May 14—Juno 13* Spring Mt. Tunpel Co,,April 11, 15¢.. May 20—Juno 10* Sumner, Kern Co,, April 11, $10....May 22—Juno 21 Tallulah M. Co,, Nev., April 5, $1.50.., May 7—Juno 4 Teeumseh M. Co., Cal., April 24, $ May 29—June 17* Union G. M. Co., Cal. April 11, $1 a Washiugton M. Co., May 8, $3. June 11—June 29* Wash. & Creolo M. Co.,.Nev.,May 13,7i¢.June 20—July 17 MEETINGS TO BE HELD. Adriatle G, & 8. M.Ca »Special Meeting, Juno 8 Special Meeting, June 4 Annual Meeting, Juus 4 -Speclal Meeting, June 1 Speelal Meeting, May 24 -Annual Meeting, May 27 .Annnal Meeting, May 29 «Special Meeting, June 4 -Speeial Mecting, May 20 -Speccial Meeting, June 10 Emplro M. & M. Co. Special Meeting, June 8 Empire M. & M. Co.... Special Meeting, June 10 Golden Age & Empire M. Co,..Annual Meeting, May 27 Gold Canon Cons, M. Co,. -Speeial meeting, May 31 Green G, & 8. M. Co . Special Meeting, Juno 3 Hale & Norcross.. .-Special Meeting, May 30 .Special meeting, May 28 . Annual Meetiug, Juuo 4 Annual Meeting, June 14 Annual Meeting, May 20 Special meeting, June 3 -Speeial Meeting, June 10 . Aunual Meeting, June 3 Annual Meeting, May 25 's Culavoras HydraConfidenco 8, M. Co.. Consolidated Virgima, Del Rey S. M. Co... Mammoth §. M, Co. Louise M. Co.... Minn. G. & 8. M. Co. Overman 8. M. Co. Rising Star S. M. Co Servator 8, M. Co.. Silver Sprout M. Ca. St. Louis M. Co, Teeumsrch G. 8. Special Meeting, June 3* Special Meeting, Juno 6 eeial Meeting, June 12* Annnal Meeting, June 4 Special Meeting, June 25 hin Three Months}. -Payahle May 10 Payahle April 10 Payahle Feb. 10 Payablo May 11 .00.Payahie May 13 Payahle March 11 .Payahle April 10. Payable May 16 . Payable April 9 .Payable May 6 -Payable May 1 » M. Co., Eastport, Coose Bay, Coal M. Co., Eureka Gold M. Co.,$1. Keystone M. Co,, $7.50., Meadow Valley M. Co., $1.0 North Star G. M. Co., $7. Raymond & Ely M. Co,, $7. Yule Gravel M. Co, 60e... —*Adyertiaed in this journal. Meetings and Elections. At the annusl meeting of the Empire Mining Company, held on the 14th inst., the following gentlemen were elected Trustees for the ensning year: Hill Beachy, J. S. Kennedy, Geo. W. Beaver, M. Herman, and C. F. Baleom. The Board organized by the election of Hill Beachy, President; J. S. Kennedy, Vice President; C. F. Balcom, Secretary and Treasurer, and A. P. Minear, Snperintendent. At the annual meeting of the Pea Vine Silver Mining Company, held on the 14th inst., the following gentlemen were elected Trustees for the ensuing year: J. B. E. Csvallier, C. W. Fox, C. P. Hall, E. Skerritt, C. F. Schulze. The Board orgsnized by the election of J. B. BE. Cavallier as President, C. W. Fox ss Vice President, and C. F. Baleom as Secretary. The Orient Silver Mining Compsny, on the 13th inst., elected its Trustees ss follows: J. A. Pritchard (President), A. T. Hatch, J. Dods, S. A. Raymond and H.H. Day. Joseph Maguire was appointed os Secretary. The Washington & Creole Mining Company have elected A. J. Boile, Jr., and S. Linkton Trustees, in plsce of P. H. Connor and Henry Janin, resigned. A. C. Hamilton has been appointed Superintendent of the Savage mine, in place of F. B. Shamp. The William Penn Consolidated Mining Company will hold a meeting on the 15th of June, to consider a proposition to increase the capital stock from $810,000, in 27,000 shares, to $1,350,000, in 27,000 shares. The Best & Belcher Mining Company held a meeting on the 13thinst., and resolved to increase their capital stock from $448,000 to $2,240,000, in 22,400 shares. The Bacou M. & M. Co. will meet on the Ist of June, to consider a proposition to increase their capital stock from $800,000, in 4,000 shares, to $2.400,000, in 24,000 shares,