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Show SELECTED. SIX THOUSAND A FOOT. Unary Sale of Crown Point mining Shsrii. The recent advance in tbe price of own Point Mining Company tharea has been moat remarkable, and many utiniui: 1 sharps" have been greatly disappointed dis-appointed lual there has not been a heavy break in the ruling price. In i November last the stock was telling at ! three dollais per share, assessment on. j Almost every one avoided it; the mine ' was pronounced exbauifld, and all ; luith id its luture was lost. The pros- , peeling in the lower levels was con linued, and resulted in the discovery ol'abodyof ore of tiue quality. No announcement of this fuut was pub licty made, but Alvinza Hayward learned ot" die discovery through the Superintendent of the mine, and seeing see-ing a fortune in prospect, PURCHASED ALL THE SHARES IlE COULD, Securing about 5,000 hares at a price averaging less thau 3 per share. Uharlea L. Low also picked up a thousand thous-and shares, which cost him $-4,300, including in-cluding brokerage. When the Dews ol the strike was made public the stock began to rise rapidly iu the market, and within four months had touched $100. Of course there were incredulous incredu-lous operators who had no confidence in the "Comstock;" these ''sold bhort" and were badly bitten two or three brokers finding themselves bankrupt when the time came for settlement, tlayward held on to his snares, aud gave bis broker, Seligsburg, orders to buy all that was offering. His object evidently was to secure a majority major-ity of the stock, aud thus control the anuual election for trustees. A moLth or so since, the drift lrom the 1,200-loot level in the mine rau into the same body of ore which had been lound above, and again the stock jumped. Low had disposed of 70U shares in the meantime at from $9 ' to $120 per 6hare, of which Hayward is supposed to have secured die larger portion. Still the stock rose, eventually eventu-ally reaching SltSO, at which price it was firm. At, ihis price Low sold his b.il.tnce 300 shares io Hayward. N.'Wcamea slight misunderstanding. Hnyward had captured nearly sis thousand out of the twelve thousand shares in the mine, and was ANXIOUS TO SECURE A MAJORITY. About 1,400 shares were so placed that tht'V could not be controlled, and Win, Sharon held 4, 100 shares lor him: self and others. Sharon is Manager ol the Bunk of Caliloraia at Virginia Ci.'JPi and bead of the couibiu uion whiob controls the larger portion of the quanz mills of that portion of Nevada. He desired to have tiutces elected to tbe coutrul of the company who would give to the combiualiun mills the work of reducing ihu Crown Point ore, and assumed that with his nucleus of shares he would be able to secure enough others to give him a majority vole at the election. Hayward desired to have his set of trustees eleoted free from any promise?. A SPLIT In the hitherto amicable relations of these two big mining operators was threatened, and for a time diere was some prospect mac an excitement not unlike that of the great fight over the H;'le & Norcross election, a few years Miice, would result. Some common friend, however, supposed to be the financial Napoleon ot this city, interfered inter-fered to prevent such a catastrophe. Negotiations wero opened, ambassadors ambassa-dors scut aud diplomatic councils were held. TUE RESULT WAS SATISFACTORY. . Hayward, it is said, agreed to certain cer-tain stipulations concerning where the rock should be crushed and worked, and Sharon agreed to sell his stock to Hayward. The sale was consummated yesterday. Hayward took the 4,100 shares, at 301) per share, the consideration consid-eration amounting to the pretty sum of one million two hundred and thirty thousand dollars. Hayward is comparatively com-paratively happy; be controls over 10.000 bhuresout of tho 12,000 in the uiiue. Sharon is satisfied, lor he is sure that innumerable tons of Crown Point ore will be oru-hed at tho mills in which he is interested. As there are but 600 feet in the mine, the present price is $6 000 per foot, equal to the rute at which Ophir was held in tbe palmy days of Washoe mining. F. Call |