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May 20,1882 The Real Estate Record 501 MINING INFORMATION. Mr. George Hoffman, formerly a very large real estate owner in New York, but who was ruined by the panic of 1873, spent the last two years in Southern Arizona. He says the country has no idea of the great mineral wealth of that territory, especially the southern portion of it. He thinks that in two years there will be a larger product from Arizona than from Colorado; while the mines of gold and silver are exception¬ ally rich and numerous, the copper mines are equally productive. The Yuma district he re¬ gards as the best sanitarium in the world, especi¬ ally for consumptives. He says that should ever the northern states of Mexico be annexed to the United States, there will be an immense develop¬ ment of mineral Avealth. George Hurst, the famous expert, the discoverer of the Eureka, Ontai'io and Homestake mines, told Mr. Hoffman that the San Francisco operators were dissatisfied with the way they were treated in Mexico. There is trouble with the officials. New York, May 11. editor of The Rkal, Estate Record : Will you Idudly state whether you have any reliable" information about the Bull Domingo mine ? The stock is now selling for a few cents, and, having purchased ifc at $ 10, and beiug noti¬ fied that ifc is the intention, as the company is bankrupt, to re-organize, allowing the pi'csent stockholders to come ia at $1 x^er share, would like very much to ascertain whether it is advis¬ able to go in on the re-organization, oi* to solace niyscK with the reflection of a dearly bought whistle. I have been a reader of your valuable jovirnal for some time, and am happy to state it has been to my satisfaction. If you will kindly oblige in your n^xt, the same will be appreciated by Chas. J. Bertonb. With good management, the Bull Domingo may yet become a very valuable property. We have no advice to give. The effects of the com¬ pany and the mine are to be sold out by a re¬ ceiver, and in time, doubtless, tho officers of the comijany will have a proposition to make to the stockholders. Ifc will be re-organized some time or other, as it is a potentially valuable pi'operty, bufc fchere is no advice to give until it is known who will be in control of the re-organized com¬ pany. Ifc is one of the cases which shows the necessity of some assessment law in this State. The company became bankrupt by a sudden ap¬ parent stoppage of the oro vein. Of course this is due to a "fault," for the vein will undoubtedly ba rediscovered. The company, at last accoimts, was $120,030 in debt. Our correspondent would do well to wait until a new proposition is made by the directors. The New York Mining Exchange has had a corner. Certain members went short'of Moose mining stock, and the price was bid up from 80 I ^facturer cents to $2.80 a share. The stock was called, and termined certain members were sold out under the rule. The bears declare they were swindled, that the oi'ganizer of the corner had stool pigeons, who told them the stock was certain to run down in price, whereupon they sold with the result stated. The Exchange had but one course to pursue. It is simply a case of rogue versus rogue, but the brokers who do not fulfill their engagements should loose their membership. There is a great d -al going on in both the Mining and Stoc^ Ex¬ changes which it isverydifiicult to discriminate from downright swindling. Mr. Williain M. Lent returned recently from S in Francisco, stopping on his way at Lead¬ ville, where he inspected the Big Pittsburg mine. The developments in the Prentice shaft are very promising. A large portion of this mine lies be¬ tween the Matchless, on the southwest and the Robert E. Lee on the northeast, and Mr. J. M. Harper and other experts are of opinion that on this ground some exceedingly rich ore will be found. Big Pittsburg has been stronger lately and the stock has great prospective value. Although Bodie is not active, the stock is firm¬ ly held and the interior workings of the mine are full of interest. The old Foi-fcuna vein has been rediscovered in an upraise in the 800 foot level from the Lent shaft. This vein was fii-st found in the old Bodie workings, but took a turn tp the east. It was x-icher near the surface than further down. Winze 17 on the old ground is now down nearly 70 feet, but the ore below is not as rich as it was above. Still this vein is very high grade. Bodie has bought some machinery from the Com¬ stock for $5,000, which originally cost $120,000. There will be lively deals in Bodie dui-ing the coming fall if not late this summer. There is nothing new from the Standard, bufc the i^rice may go off, as mill and mine are shut down awaiting repairs. The j^merican Mining Exchange have stricken off a number of their worthless stocks. If the two minhig boards are wise they will join forces aud deal more iu good stocks. We will soon get at the facts about the Lake Valley mines. The dO-stam^j mill will start up within a couple of weeks' time. It is said a greafc deal of the ore is too rich to work, and it will be s.old outright, but the medium ore will be worked. The low grade ore will also be sold instead of worked, as it is valuable for its iron flux. The most astonishing stories are told of these mine.s. Each of the four has four patented locations, that is to say there are sixteen mines in all, fiOOx 1,500 feet each. The mill is to work on the Rio Grande ore mainly. The stocks will not be listed upon the Nev/ York market until after dividends have begun to lie paid. If a tithe of the stories are time told about these mines, they will create a greater furor than all the bonanzas on the Com¬ stock. An anonymous pamphlet has been pubUshed showing the dangers likely to arise from the general use of electric lights. Ifc is addressed to real estate owners. There is, it seems, real danger of fire being communicated to woodwork, if the insulation is not perfect or the workmanship is defective. There is great competition between the electric companies, and the fire insurance companies should see to it that there should be some inspection of the wires as they are laid. Perhaps some legislation would be desirable. One thing should be insisted upon, namely, the laying of wires underground at the close of the present year, that is fco say, give the various companies five years in which to get the present wires underground, and at the same^time indicate a period at which new wires must be commenced to be put underground. The city is really dis¬ figured with the unsightly poles set up in every direction. VITRIFIED CLAY 1-.S-. IRON PIPE. Early in April the Board of Health decided that all drain pipes between the house and the sewer, hereafter put in, should be made of iron. This has naturally created great dissatisfaction among many builders and all of the manufact¬ urers of stone drain pipes. The cost of the iron pipe is said to be four times that of the vitrified clay. A builder has, for instance, six new houses which require each an amount of pipe which cost $90 if of stone, and $360 if of iron. If properly placed in the earth the vitrified pipe, so the nianufacturers claim, will last the longer. The Romans used clay pipes, as is shown by the ruins of Pompeii. The only differ¬ ence between the Roman and the modern pipe is that the latter is far the best. The heat to which they are subjected is so intense that it would melt iron. The clay is so fused that all the pores are closed, and neither gas nor moist¬ ure can penetrate the walls. Vitrified, glazed and terra cotta ware is in very extensive use, and in this city $250,000 is invested in the manufact¬ ure. The decision of the Board of Health is a discrimination against this industiy. The man- have met together and are de- to test the matter in the courts of law. They say that the only excuse the Board of Health gives is that in many instances the joints of the vifci-ified pipes are not properly connected. But this is a matter in which, of course, theii- own inspectors are to blame. Iron pipes are quite as objectionable when not properly connected. The manufact¬ urers claim that they expect no more work from the built up portion of New York. The connec¬ tions made with the sewers during the past thirty years are so perfect that they will last into the next century. It is further claimed that the iron pipes are only a quarter of an inch in thickness and that they are tarred in many cases to hide the cracks and sand-holes. It is admitted that iron may be useful in pipes running through a bouse, but a great many people of the building trade believe that the vitrified stone drain pipes are in every way preferable for immediate connec¬ tion with the sewer as well as very much cheaper. THE SALE OF THE JUMEL ESTATE. The Jumel Estate sale, which is to take place on May 31, and which is advertised on second page, bids fair to be the most important sale of real estate at auction which has ever taken place in this cifcy. As the sale is made pursuant to the order of the Supreme Court without reserve or limita¬ tion of price, ifc is very probable that great bar¬ gains may be had. The work on the improvement of Harlem River under General Newton is to com¬ mence on .lune 1, and the great future for iiroper- ty along the river front will make the sale of this portion of the estate one of its great features. A Brooklyn gentleman writes us complainingof the high price of labor and building material. He says that so far as St. James Place is con¬ cerned, "there is not as much buiMing in this immediate neighborhood as last year. The high cost of material and the uncertainty of the labor market has stopped considerable that was already plamied." Yours truly, C. H, M. WELL LOCATED AND CAREFULLY CONSTRUC¬ TED DWELLINGS. The eleva' ion which reaches its highest point at Madi" ' sou avenue and Eighty-third street has been the site se lected for many flne improvements during the present season. The three handsome four-stoiy high stoop brown stone pri\ ate dwellings, that Mr. Bernard Havan- ' agh is just completing, ou the south side of Eighty-third street, commencing 85 feet east of Madison avenue, will compare favorably with any houses yet erected in this improving locality. The plans for which were cart- ' fully drawn by Wm. Shickel. Two of these houses are 18 feet front, while the middle one is 15 feet. They have a uniform depth of 55 feet, with three stoiy extension?, 14x8. The cellars form a very attractive feature, hav¬ ing direct light both front and rear, in addition to be¬ ing paved with Portland cement one inch thick laid on a concrete foundation. The basements contain a breakfast or biUiard room, trimmed in cabinet style, a spacious kitchen, from which there is a servants' staircase leading to the butler's pantry,"as well as exten¬ sive closet and pantry room. On tho first floor is tho parlor, dining room and butler's paniiy. In two of the houses the parlors are handsomely trimmeJ in black walnut, while in the third will ba found well se¬ lected mahoganj-. The dining rooms are flnished in oak, ash and mahogany, and the butler's pantiy. which has extra double closets in ash. The mantel pieces are very elaborately carved and with the handsome beveled glass mirrors will present a very striking ap¬ pearance. The flre places are all laid with the latest imported English tiles. The second and third floors are in the saloon style, each containing two spacious chambers, bathroom and water-closet. The second floor is neatly trimmed in ash and root ash in »;abinet style, and has carved mantels of unique and pleasing designs. In the fourth fioor there are three ctiamber.«, large trunk and closet rroms, and the water tank with pump. The latter seems almost super¬ fluous as of course there is hi^h pressure and a never-faihng supply of water. The nlastering in these houses has bem done in a manner that cannot be excelled, while the centrepieces ia the ceilings are works of art. The handsome cabinet Irimmings was all done by hand work, and throughout show unique¬ ness in design and delicacy and great care in execu¬ tion. The plumbing work is of the most thorough order, no expense having been spared. Mr. Havanagh being a well-known practical plumber, as well as an experienced builder, recognized the great importance of this branch of the work. From the street these houses present a grand appearance, the brown stone being well matched and the elevation high, while the stoops are of a substantial and ornate character. The front doors are of black walnut, hand carved, and are very elegant. The construction of these dwellings has occupied more than one year, which fact goes to show that no part of the work, no matter how minute, has been hur¬ riedly or carelessly done. Mr. Havanagh has been ; constantly on the premises dm-ing the building of