The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-09-23
THE STOCK MARKET.

Inc pears mad tnelr inning IN tue STOCK game yes
terday and depressed prices to their hearts con-
tent, all districts suffering The latest news from
Con- Cal & Va. is that the northeast drift, follow
ing elght-inch vein Of in the east DRIFT
from the Wine below ths 1850 level, has failed TO
develop any improvements. and has been stopped
ana a north drift started in IS feet of low grade
ore. at a poiut lS feet In from the Wine.
Good news received from the prosecuting
now going in the I5OO-foot level OF Savage, but
its value is not specified
On the early cali the market opened with rush.
and OF quite lively call Onhir sold down TO 81,
under sales OF 1850 shares, with Cope, Morrow and
Homer King selling and Coffin buying. Mexican
sold at S2i Curry SlS4, Best & Becher SO o. and
Con- Cal. Va S695 Is, to sales of 1875 shares, OF
which Cope Homer King the prime pal
sellers
In the middle stocks Savage sold at 50 AZ, Nor
cross Slla, ChOliar Sl1a and Potosi 81 60, with
Walls an active seller.
OF the south-enders BeIeher sold down to 81 55
Seq Belcher Soc, Crown Pc mt 81 So, overman 81 20
and yellow Jacket 81 70. the balance Of the list
following in proportion.
After the call prices continued weak and business
lively, ophir selling down TO g 80, 1900 shares,
and Con. Cal. Il Va. S55s@6, l740 shares.
The 2:sO O'Clock session showed no particular
change in prices but the market had tired appear
ancs, not conducive to the peace OF miud OF the
bulls After the call prices were Few cents better
and the market closed steady but inactive.
NOTES.
Silver was a trife stronger in New York yester-
day, sales being made at 973s cents
4 bullion shipment containing 1871 ounces OF
The annual meeting OF the Belle Isle will take
The oceanic Steamship Company has declared
dividend OF fifty cents per share, payable october
1st
been levied on the Bodie, one OF twenty i've cents
per share the Pacific Phonog graph. and OF ten
cents per share on the Butte King Mining Company.
Following is the Official report of the pumping
operations in the Crown Point Incline for the week
ending September IL, 1891: The sinking pumps
ura hepu he
the water below the 400 level. The station pumps
at the 1900 level all fitted up in place. aud all
the pipe connections are Yearly completed. We eN-
pect to be ready to start them up and give them a
trial by Tuesday or Wednesday. The water in the
Becher incline has been lowered two feet since
last report"
Mondays Virginia Chronicle says: 1.-THE decrease
In price In Consolidated virginia is no doubt owing
to the fact that the average mill assay of the ore
for last week-$l per ton-is the lowest in long
IN place last Saturday evening" and full force OF
miners the different levels went shift 7
o'clock. 1t was the intention to shut down the
mines days this week to allow miners to attend
the Reno fair, but owing to the recent break to the
machinery no suspension of WORK Will be made. At
theAlta an extra force OF men has beeTput repair
ing the damage done by the breaking of the pun
rods last Wednesday night. The shaft below the 1000
level is badly torn, the guides and tlmbers being
gone. The location OF the pump rods has not been
fixed. some piled Ia indiscriminate mass
in the shaft and others have dropped to the lower
levels. The water is being kept down by the ball
ing tanks"
The Eureka mill is now running ten stamps and
four paus from a cleaninS-up OF the dump.
w thin the next ninety days very important
work is expected to be inaugurated Ia the Gold Hill
mines
last week, and the Douglas mill at Dayton is now
running fun handed.
rhe case of the Comstock Mill and Mining Com
pany vs. the ranchers On carson River has been set
Tor September 24th ia the District Court at Carson,
when demurrers will come up.
The weekly reports OF the Tuscaroras are as fol-
lows:
ElKo CoN.-work has been resumed In the drift
from the incline shaft.
INDEPEND ENcE-Work has been resumed in the
north shaft progress feet
NAvAJo-The slopes are looking about the same.
no material change In any OF the wOrkings
NEVADA QUEEN-South drift from No east
~ feet, cutting into the vein, showing punches
OF good
CoMMoNwEALrH-sscond level-North drift from
No. chute extended is feet in the vein. Fourth
level-North drift from No. 3 raise advanced 81
feet South drift from same point extended 81
NORTH CoMNoNwEALTH-Second Ievei-No. 1
raise from No. 2 west crosscut has been put up 20
feet. passing through small seams of ore. Third
lovel-South drift from No. joint raise extended
20 feet. following small seam of ore.
DEL MoSTE-Third level-No l north drift from
west crosscut advanced lS feet, showing 81 ght i'm
provement over last report. East cIosscut from
north drift in the east vein extended ID feet to
hanging wall; found nothing of value. Started
west crosscut, which is in 20 feet, encountering
small seams and punches Of ore.
BELLE IsLE-Line crosseut, 35O-foot level, ex-
tended 10 feet No. 8 south drift has been ad-
high grade. North intermediate below the $50
foot level extended feet yielding good ore.
the ore IL growing wider and richer Line crosscut
450-fOOt level, extended IA feet
NORTH BELLE IsLE-North drift from south line,
40Ofoot level, extended IL feet: the continues
high grade and the face looks very promising. No.
l upraiSe from this drift extended Is feet West
crosscut from south gangway. same level, extended
10 feet. No. west crescent from the Belle Isle
450-foot level extended Ia feet, rock hard. Line
crosscut, same level, extended Il feet. No. 1p-
raise from sonth drift, 5U0foOt level extended II
feet South intermediates, above the 500-foot level
extended 5 feet and yielding good ore
1he weekly report of the holmes is as follows:
seventh level sutherland tunnel-The upraise near
the south end has been advanced 10 feet, showing
some ore in the face sssaying about $40. The
north stope from this level is producing some ore
aSsaying about $50. The stope below this level is
producing ore assaying about $3S The drift near
the east end OF this level has been advanced 10
feet, showing in the face OF the drift as
saying about $50. Tenth leveI-The stope from
the Wine below this level is producing Rssaylng
about S36. Are drifting on seam OF ore north Of
place last mentioned assayinR $50. The north stope
above this level is still producing some assayng
about $37. Eleventh leyel-The stopo east from
the Yankee Wine is still producing good deal OF
ore assaying about $50 Thirteenth level-The stope
from the south WINE Is still producing some ore
asSayng about $46. The east drift from the foot
the south winze has been advanced IL feet showing
small seam OF ore In the face assaying $50. Are
sinking on seam Of ore 81 feet west OF Point Six
assaying $35 The stope from the old Northern
Belle footwal Wine producing some assay
about S26. The north drift has been advanced 10