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Show Western mining gazetteer. BIG DEVELOPMENT AT GR ANTS V I LLE, NEV. NEW MINING CENTKES. In our last issue was an article in regard to the general and we are pleased to note the fact that mining oiir esteemed cotemporary, the New York American Dxchanye is of the same opinion as the Gazkttek. That the interest in mining enterprises is on the increase and is becoming more extended every day is a fact not to be denied. In nearly all the large cities in the United States capital is being invested largely in mining property, while villages, small towns and the more places are contributing more or less money to develop mines and prospects. Whatever may be the design of a certain class of men who are without money and without any intention of making a living honestly, if they can make one any other way, there is every evidence that a large majority of- people who are becoming identified with mining enterprises are seeking only a fair investment for their money, without any desire to enter into gambling schemes. This is partly apparent' in the evident disposition of people to patronize the companies which are organized at home, or which have come into the control of home people in preference to those which are incorporated or managed in other places. es. The extended interest in mining is manifested by the tablishing of mining exchanges in many of the- large cities. These exchanges are being organized not because it is thought that they will stimulate mining stock dealing, but because there is a pressing local demand for a proper and convenient medium for buying and selling such stocks. New York now has two mining exchanges, while its Stock Exchange has. daily transactions in mining securities. Phila- delphia has a mining exchange that has not been in operation very long, but which is already doing a very successful business. Chicago recently established a mining exchange,, and its business is said to be increasing. Boston has just organized an exchange for dealings in mining stocks, which is in the hands of some of the most prominent men in that city. Its founders have received the most satisfactory assurance that it will he well patronized. The most recent organization is that of the St. Louis Mining and Stock Exchange, which is now ready to oommence. operations. In all the cities named there has been an active interest taken in mining, and the local companies organized in each ought to furnish enough business to keep the respective exchanges busy. out-loo- k, out-of-the-w- ay - Under date of August 29th, Manager San Pedro, of the Alexander mine, telegraphs a friend at Virginia City, as follows : on the Have cut into a big bonanza with the north cross-cu- t sixth or lower level. Are into the ore a distance of thirty feet, and in face it is still improving. This is sulphuret ore of the finest quality, and is below the water level. Yes, ves, but somehow this has the odor of that Barcelona affair in which you occupied an unenviable position only a few years since, Mr. San Pedro. Not very long ago we went through this mine and could only see ore. worth from $18 to $20 per ton, yet he claimed it was $50 ore. There is no shadow of doubt about the quantity of vein matter in sight, but we would advise investors to Remember Barcelona, and bo sure that the quality is there; not forgetting also that the supply of wood and water is very limited. THE EASTERN WAY. Suppose this Sierra Nevada assessment of two dollars a share should be followed about Thanksgiving by a dividend of $200 a share! Such things have happened. M. Y. Daily Mining , Mews. i And We would like to see an expert of bearish disposiin the same column tion and not too highly imaginative and not twenty lines above it. Talk again about a western newspaper bulling or bearing a mine and you will be kindly killed and thrown into the sewer. - INCREASED DEMAND FOR SILVER . . AN IMPORTANT MINING SUIT. . . ' The demand for standard silver dollars still continues to in- crease. During the week ending August 21 there were issued by the United States mints on transfer letters and orders drawn by the Treasurer of the United States $331,994, and for the week ending August 28, $367,493. The total amount issued by the mints for the corresponding weeks in August, 1879, amounted to $443,964, or $255,523 less than for the same period this year. i PERSONAL. Col. W. II. Bkodhead, of the Saw Tooth District, Idaho, was at the Walker House last Friday. He speaks in glowing terms of the great mineral wealth of Idaho, and considers Saw Tooth one of the richest eistricts. Mit. A. N. Hamilton, of the Tribune staff, has been doin the mines of Park City. Mr. Hamilton, though a quiet, unassuming gentleman, is the peer of any newspaper man on the Coast. Salt Lake City , Squire P. Dewey has filed a voluminous complaint in the Superior Court, San Francisco, against John W. Mackay, Jas. G; Fair, .Tames C. Flood, and James W. Coleman, executors of William C. OBrien, the Pacific Lumber and Flume Company, Nevada Bank, Pacific Refinery and Bullion Exchange, aiid the California Mining Company, demanding an accounting to the California Mining Company and its stockholders for alledged wrongs, frauds and breaches of trust, and on such accounting to repay to said company, for the use of its stockholders, all profits and property that belong to the company, obtained bv the defendants by means of transactions set forth in the complaint, which contains similar allegations as are made in the notorious Burke suits against the bonanza firm. The sum involved is represented to be about $10,000,000. was honored, a few days since, by a visit from the President and party. The Reception Committee for the occasioivwere L. E. Holden, H. W. Lawrence, C. W. Bennett, J. R. Walker, S. A. Merritt, J. R. McBride, Frank Judge John A. Hunter, C. C. Goodwin and Governor E. II. Murray. The report of our esteemed cotemporary, the Tribune , occupies over three columns. W. H. II. Bowers, mechanical and contracting engineer and n mill builders, Grifgeneral Western agent for the fith & Wedge, Zanesville, Ohio, has an order from the Algonquin Company, Phillipsburg, Montana, for a pair of e power hoisting engines; a pair of boilers of one mining cage of the latest pattern, and four cars of the same pattern as now used on the Comstock. mining The plans of works have been furnished the Company by Mr. Bowhoisting ers, and everything will be arranged for the rapid development-othe Companys mines. Til-for- l ) i i i I 1 d, well-know- 150-hors- 150-horsepowe- 1 r,, f i i r j i I j i i i ; r II |