The morning call., 1891-09-08
THE STOCK MARKET.

The stock market showed an Improvement yes
terday, despite the efforts OF two three chronic
short sellers to keep prices down. and nearly all of
the leading north blenders showed an advance over
the highest prices of last wcex.
No beyond the regular weekly letters was
received from the front during the day. but in
formation that streak of rich ore was showing in
the east drift from the wlnze below the 1891 GOT
level OF Con. Cal. d Va. caused a demand for the
stock, and considerable changed hands.
On the early call in the Pacific Board Charles
Hrschield sold Savage until the price was put
down to So, with Goldman buying. This was the
only stock to show any change in this board but in
the big board Joe Marks began buying OphIr and
the stock was strong at So 80, Best i BeIcher at
at 81 and quickly advanced 10 81 37I% wnen Bob
Morrow jumped in and sold 1t back to ST. during
was strong and active at IS 1898 20 under sales OF
1885 shares. The balance of the list was steady.
without any great amount of stock changing hands,
After the call business continued active with an
improvement In Savage, which sold up to So 80.
of the north enders. On the 2;30 P. NJ. call trading
was dull, but prices were well sustained and the
market looked well at the close.
NOTES.
Yesterday being holiday in New York there
were no quotations on silver, but it was quoted at
45d in London.
Eugene Foger, the mining secretary leaves for a
two weeks outing on the McCloud River this
Ing
place to-day.
I he death of p A. Humbert, the mining engineer,
street yesterday where the deceased was wei and
favorably known. Gus" was familiarly
called was for long time in the directorate of the
Curry and other mines, as well superintendent
of the Bullion,
The oest mine in silver City Is full OF fat kidneys
Since the new ownerS-MessrS Bierke and Oest-re-
sumed work in the mine last July, after two years
of paratve idIeness. they have partially devel
oped three distinct bodies of ore In the mine The
last struck two or three days ago above the
mel Level at point Immediately above where the
old management left off prospecting The rich
streak at THIS point Is three Feet wide and opening
out upward progress is made
The Taylor mill below Gold Hill resumed crush
ing Oest ore on the lst, and bullion shipments Will
soon he resumed.
The following Official letters were placed on file
yesterday:
UTAH-on the 725 level the southeast drift has
been advanced 255 feet, continuing In a porphyry,
clay and quartz formation.
SILVER HILL-The southwest drift is out from
the shaft $50 feet the face Is in quartz and por-
phyry. On the 100 level the south crosscut is out
from the Wine SO feet; face In hard porphyry. -
UNION SHAFT-The west DRIFT from the shaft 900
level has total distance west OF shaft OF 1899 feet;
the face is in clay and poTphyry.
OCcIDENTAL-Have extracted and sent to the mill
from all parts OF the mine 235 tons of ore of the
average value OF SlS 80 ton. per battery sam
pies he Wine from No. 2 crosscut, 100 feet
south of the station the $50 level. Is down 10
feet In assaying $l5 ton. No work has been
done in the uprase on this level during tue week
The south DRIFT 100 level, is in total distance OF
1913 feet; face in low-grade ore. During the month
OF August and part of July the mill worked 2Ol2
tons of ore OF the average assay value of SIT %
ton, from which $50 1856 produced in concern
trates and bullion. The rock worked to 81 per
cent OF its assay value.
The monthly financial statements OF the mining
mi IN r. a.