, 1880-01-31
SAN FRANCISCO.
The constock Rising, Phen'x-
Like, from Its Ashes.
4 row Facts Showing that the Great Lode
Ii Not Yet Played Out.
Thu PROPOSAL to Establish a Grain Exohangs--
Queer Mosomenls Of The Laglt4
talIye 6oIons.
fhs aInlng.Camps Atar Tho Summit Of lhs serras
few W'ire.Ilaroad-Tls Theatres.

ThD aIulns,camps 1tar Tho Summit Of ths Sltras
-Se,7 Wire.nallfoad-Ths Theatres.
sp,efa, Corrtspondenes " 7hs Chicago Tribune.
SAN FRANCISCO, Jar. t0,--'To persons at a
dstul,ce who noticed by tic tc'cgrapl,icquo-
tatlons the apparent collapse Of the Snn
Francisco stUck-narkct a month slice, tho
stronr ,,pwnrtl movement Of the pnst fort
mint must indeed have proved q surprise.
norton If tho EastGrn press has 80 per-
sisicptly ttcclntcd that the Comstock nics
we're played ont, that tho Donallza firm wero
transferring their interests from the old lode
into Colorado mid Arizona pr0pert'es, atld
that Inc new California Constitution would
utterly crush stoc11-board dealing ont liatc,
TINT quito n lnrgc number Of businessmen,
MI through the Atlnntic Statcs, have lmblDed
t),oS Idea that the C0n,stook and dill connectetl
Herewith should 10 Stunned as tho p1ngue.
uso tho expression businessmen ns oni-
brlctng persons dealing III wllcat flour,
purk, cotton, rai1roal and gaa stocks,
municipal bonds. or any other article
subject to cous.nnt f}uciuatIon In vnlne.
These men, therefore, do not object To speclt-
fatIon OIL the high moral ground takcn by
certain ethical teachers, hut they have been
taught 10 believe tint, with the giving out OF
;,o,,s tho f,,,matnct, 1nd hrconc l,arrcu m n
Iasnrt mn, stnnlv n drain nm tho ,,ockcts Of
"sa "ssess,ra"t! !,,ov;rr atnckl,o,dprs s,npo thu
recent 81, assessment OIL Sicrra Novada was
levied. rnnny Eastern holders have ordered
their stock sold, believing that this ASSESS
n1ent would be followed by n series ot others,
succeeding cuch othct at the usual sixty days
Interval. To those who have notyet disposed
~ r ,,.r. NJ, . u.r,erAcr,c,, m rnow
.,,t ,Its 10 .,ro,,,,1;, ,,s int a <,oscss,,cnt
at ,nnJ ,c ,tr,1 ~, nm, stoch ~, tho To,,,.
@ a,n", o,1oNnt III ov,,,,ta during isso wifi
% a,,,s mt thu cogt ~ al tfa axnonsivo
st9 s1o ta1 ,,v
~, n'',3t.;n,, ~ t,,a stnrrn Na,a,o ,vIll bc
ssI sne o,,a " t,e 80 n.,,aass .ra T., fornr NJ
s.au Su ,,a,.,., n,o,,n,, ara ~
ao ''no ~ a. s,,,,,,,, x'.a,,sas v q ot i,,t.
& ssns, VtY, RMy i@ a.. 'a,,,;iatta ona hotst,nr
..,1,,. usaus, tn @ w. ta c..r., % sr,,,,,,,ni ,n
l"s.ss "v'uu" Wy @ ~, t,,a ra'a,o"ts
~ ~ mss ~ ,on, on ~. tho Jo,ma,,,ts
las p"sseu ""as. taass s'". S.o l.a,s,.~ I.'"o
.NM,,..is' ,.as1u NV" t... 49, w." a.a,o
t.'s .,e.. - s ~ ,,..,, ,,,o .,,.ot,, ,''o,,a
uas .ney ".,a 'oI ,,.t1,'s s'.s ~ ,nSas
epon nun %l.o ~ ou..unk iuM .., y. n'a1e'
ior "c nc ,",. .,s u'1es . .i,a ny ~ Moro
~ spSaN p5. 11 nv. ..o ,usn a,, ~ ,.n s,,,
H1 W"Gn au o.n ~ p"ro ~. ,.,. w. Nv ,,,' Ia
inlns, ~ ~ es.'l'''ee sat saae ".'u Wv W. noo va
ous ~ .'s tI'o w, ~, '", r,o W.,
ee!s pet io'l; eeo, ooo ~ ~ 80" ",..Ht
w. ", c,on mn ~ ~, e., .',, io,,o1. ~
wv. saevv 'nu..{ ~ tu ~ s,ot
uee ~ opssu w., ~ si,o ,ont ,,,c az 40 tIe
Icy tao,1 " ,ess 4ons W W .cet Mtuo ~ .,o
looa, a,a n' ~ ieu' ioms W iso. ,., m'a. ~,
". @ toot Tnis l., "tt tha "r,,"or,, cnnnl,a.io,,
1vs ,,,a a " y M. nno ~, s,. y"
two levels nlone Now, these two levels
form whot may legitimately be considered
tlls commencement OF q now fruitful zone.
Sh1cl', according to tho present @ favorable % IN.
dicntlons III the Helcher Mine, wotlu seem
to extend 10 tho depth of 5000 feet beneath
the surface. In othor words, the barren
zone LAYING been passed. the proDaoisltics ,Is
are, tnat tho ore,nodles beneath tne 3,o0o-
foot level Will show the same widening
tendencies towards the centre rs did those
anu s'oo.loot !evels OF .ne mihn nalgnt nos no
uhfeasonaoIy DC expeeted TO ysela dololo the
acquainted with tho lode nny obi Get tint the
sxnanss ~ no,st;nr ~enit1otny % 1un an 1, r1
tna ~ ",oh ontt, ,uat ,'ra,t" aa p"p
=. s !; y. sasn u"p.m 'n,,st ploso enormous
pcraturo on the o4oo level Of Union Ia Int
q iNrrecs whilc the ft,stnnco for n,,n,ntnr
,,o,oe T.. III en- sa. 49,. n.'tss ~.
watsr ~ ~ ut 9uo iee', o o Sstso tInMo' 1et. m
sutso sSat r"unel "n lhs IL III ''S 1''00 Level 1S
PRACTICALLY A SECOND SURFACE.
ond thfa ia ,vhv n is tGot tho Tn,nsIoat, ~,
no', s 1,a ,os,n 20 T ~ % .s ~ Hos,ucA eu'.
now 10 "ofRea 80 much cheaper than ever
before.
The favorable prospects on tia a.7G0-foot
Level Of prjcler i,aya cmpnaiically aro,,se,l
tho attention Of cnuitalists G"ra IL Tia Ynct
un!ujy ttsnresseIf. ny mi tiat ' ~ um i'ucsi.
9nemf' ttev Wcr,, nat % ha,i tbi.oa II" ~ i,n''I "
ruling rates Hence tlle W Vpward movement ao e II
into the m,nrh"t NH wir, nrsuu1aaa ~ - ,na SUs
liz prcscIt one of te i,st ,,ntawnri,,y vnnrs
IN the hIstory Of the Enmstock' Wia} nrr,
lipps ia n svesiai fentirt, Of this rnoveth",,t