The morning call., 1891-08-14
THE STOCK MARKET,


The peculiar turns and twists given to prices yes
| terday sadly demoralized current theories AT
least SO think many OF the brokers In the Pacific
Board, who. taking advantage of q little weakness
in Con. California and Virginia on the early call
put out quite line of shorts, only the stock
open at an advance OF soc in the big board where
the stock was in demand at $714. No news OF any
further improvement in tie east drift from the
Wine below the 1850 level of Con. California and
Virginia was received during the day, nor is any
thing particular locked for for several days. The
mills are gradually closing down, the Virginia En-
terprise of Wednesday saying;
1.-The Eureka mill hung up sixty stamps-its en-
tire compement-Saturday, owing, 1t is alleged to
the low stage OF the water IN the Carson River.
Last year the Carson River afforded sufficient
power the year out 70 run The mill, and banks Of
snow were left stored in the canyons and noun
tains fer the year 1891 to draw upon. Last winter
was no baby 1t nearly as severe as the wear
before. 1t is said that the farmers on the Carson
River are taking the water ali out to drown sage
brush with.
AT ali events the water-power in the Carson
River usually fails in July or August, ana we now
THE Morgan mill, with its complement OF forty
stamps. Will continue to crush ore from the Con
California and Virginia mine until closed by the
rigorS OF winter
THE woodworth mill, on the Carson River shut
down ON Monday, also for want OF motive bower
ana the Douglass mill at Dayton last night was run
Mug only fye pans. 800
The Cornish pump connections in the Alta shaft
have been made, and the machinery found TO WORK
well-letting the water in and out freely. To-nsht
anew" "'' 'esiH
On the $3.50 call the big board prices showed an
Improvement over the closing prices OF proceed
ing day. Con. California ana Virginia was in de-
mand at $714g7is. and 1000 shares changed
hanGs. The balance OF the list quiet and
steady. After the call prices show ed an advance
under lively sales Con. California ana Virginia
selling up to ", anu back to 81, under sales OF
2i95 shares. Best and Belcher sold from So SO up
to So SO a1d back oc 10 $S s. under sales 1901
can 81 1902 so, 1875 shares. The middle and south
end stocks were steady but Inactive. In the $50
was Potosi, which was hammered down to 81 s5 By
Homer King, Hooker and Walls, under the small
sales OF $50 shares After the call prices weakened
of again. but steadied up aud closed strong.
The Smith assessment TAILS delinquent In once
to-day.
NOTES.
Silver was steady at par in New York Yesterday
An assessment of loo per share has beeu levied
on the julia Con.
The assessment Cho!lar is delinquent In the
board to-day.
clared = divideGd OF 81 per share.
Ben L, Burlln2, for many years Secretary and AS
siStant secretary OF several OF the BoQle mines
died near Hydesville, Humboldt County, Wednes
At the annual meeting of the stockholders OF the
Julia Con. Mining Co. Sc 900 shares were rerre-
scented and the following Board OF Directors elected
Thomas Cole, President: Charles Hirschfeld Vice
President, and Thomas Anderson, W. ". Erskine
| ana q. w. Kellogg Directors. J. Stadtfed Jr was
reelected Secretary.
The following otficial letters from the Gold Hill
mines were placed on file yesterday:
Confidence AND CHALLENGE CoNsoLIpArFp-
The Joint Confidence and Challenge north drift on
the 2OOfoot level is cut 500 feet. The face shows
quartz having no value. The joint north drift on
the 30Ofoot level is out $40 feet. The face Is in
quartz having no value.
CROWN PoIST-The south lateral drift from the
3O0-foot level south winze. is out 81 feet The
Is still In heavy ground composed of pOrphyry and
clay. The dimtnution OF the flow OF water from the
bOO-foot level west crosscut. will probably permit
OF the resumption of work there time during
the coming week. The east crosscut from the south
lateral DRIFT on the l000foot level is 80 feet
The face Is in pUrphyry.
lFff rom tha FantI Law
east raise is out iU5 feet. The face in Iow-grade
quartz with occasional punches of In IL. The
west crosScut the 300foot level Ia in 100 feet.
The face is IN soft poTphyry with small sreaks OF
quartz through IT. The east crosscut the 1900
foot level is cut l45 feet and has been stopped In
hard porpGyry.
h ESTUcK CoN.-Have started n west crosscuI
from the $50 raise. and out feet. The face is
In porphyry and lowgrade quartz Have ad-
yGnced the wlnze under the north crcsscut. 1000
foot level since last report. The south drft frcm
the north raise, 1OU0-fOot level Is 80 feet.
pay streak continues in the face and varies In
width from Ii TO 80 inches and assays from Sl6 to
$50 per ton.
Cos. lMPERIAL-west crosscut from north drift
on the 4O0toot Level Is out % feet, feet having
been added during the week. The face Is In por-
phyry. The joint Challenge and Imperial west
crUSscut on the ll0Ofoot level Is out 81 feet The
face shows quartz having no value.