The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-07-28
THE STOCK MARKET.

HThe week opened with lively market and higher
prices yesterday. Sierra Nevada and Union Con.
were the favortes though the balance Of the north
enders came in for an advance during the 2:3O
afternoon session. One good feature of the present
advance in Sierra Nevada is the absence of those
tips " and exaggerated reports from the mine
W hch are usually SO numerous, and generally
untrue. and the public is consequently at sea,
can well be imagined
On the $3.50 call prices showed little decline
over the closing quotations of Saturday, but i'm
mediately upon adjournment they advanced again.
Sierra Nevada sold up So SO under sales of 2240
shares, Union TO 90 20 under 1910 shares. Con,
California Virginia s52s@5sz, 1920 shares, and
the balance OF the northenders In proportion, the
market closing strong at the noon recess.
In the 2:30 afternoon session MesSer jumped in and
began buying ophir and forced the price up to 50 so
under sales of 500 shares. The same course was
pursued in Mexican, which sold up to So 90. Curry
TO 81 SO. Con. California Virginia S57s Sierra
Nevada s4@4 10. 1900 shares, of which Joe
81 80, 100 shares. These prices did not hold
after the board, when they weakened off again for
time under lively sales, only to turn and close
strong and active.
Daniel z. Yost, member OF the Francisco
in st. Luke's Hospital yesterday.
William 5. Wattles Of the Pacific Board returned
from an extended trip to Colusa County yesterday.
The annual meetings of the Benton and Lady
Washington Mining Companies take place to-mor-
row.
Tie Navajo and Silver King delinquent sales take
place to-day.
Charles Fries, capitalist and mine-owner, arrived
In this city from New York yesterday.
Bullion valued at Sl6, 900 received from the
Eureka Com yesterday.
S liver stronger yesterday, selling at l0O1s@
1902 in New York
The Copies mine at Tuscarora has about 40 tons
OF highclasS ore and 600 tones Of second-cdss ore
awaiting shipment TO Eko.
W. K. Sharon, Superintendent of the Yellow
jacket and other Mines is in the city.
The overnian letter for the past week states that
SS2 tons aud 1885 pounds of were extracted
from the mine. Car samples averaged $2l "a per
ton. Shipped to Brunswick mill S3T tons and 800
pounds OF ore. Battery assavs average SIS 40 per
ton. The Slopes are looking we'll
The annual meeting of the Navajo Mining Com
pany has been called for August nth, special
meeting of the stockholders OF the East Sierra Ne
vada Company for August 10th and the annual
meeting OF the Julia for the 18th
The fol owing official letters placed on file
UTAH-725 level.-The south drift from the winze
station has been extended 20 feet; total 1856 feet
point in the south drift 50 feet from the Wine sta
ton have started southeast drift in quartz
nation Some necessary repairs have been done In
the incline winze aud main shaft.
ocCIDENTAL-Extracted 30 tons of faIr-grade ore
from the slopes the $50. 400 aud 45U levels.
Have started to stope from the $50 level at the
head of No. Wine. The top OF the stOpe is in $40
From the 500 level have taken about 10 tons
per day OF Sl5
feet face III porphyry, quartz and clay MiIled dur
ing the week 2S5 tons Of ore OF the average assay
Mt. DIABLo-The north crosscut from the east
drift on he seventh level Is in 81 feet. The east
a
small amount of low-grade ore showing in the face.
The sope the sixth east shows feet of $40 ore.
The north croSscEt the sixth east has been
stopped after being driven 81 feet. and we have
started 10 drift east on the ore we found in this
crosscut The east stope between the NTH and
sixth levels does not show SO much ore. The east
stope below the fifth east is looking about the same
as IL did last week. The stope above the fifth west
shows three feet of $40 The fourth is
giving little $40 ore from small lunches
The east drift the third level has been
stopped after driving it 76 feet. and have
started north crOsscut from the face OF the drift
This crOsscut shows very favorable ground. The
Slope above the third west shows two feet of $50
ore. The west intermediate between the second
and third levels shows a mllI ledge of $50
The stOpe below the second east shows foot of
$50 ore The stope above the second east is giving
a good deal OF $50 ore. We have stopped the north
crosScut from the second east and have started
drift on small ledge of $40 ore south crosscut
on this level The first west Is giving little $50
ore. The Stope above the first east does not look
so well; great portion of the ore has been out
by waste; We still have considerable $50 ore show
ing here.
The mill has been shut down for several hours
during the week account Of sill ght repairs needed
by the machinery.