The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-08-13
THE STOCK MARKET.

The receipt OF news of an important improve
ment In the WINE below the l75O-foor level OF
Con. Cal. & Va, and the efforts OF line OF short
sellers TO fill their sales effected quite change in
the market yesterday, and for time prices went
up as though q dynamite bomb had been expIod ed
beneath them. Mr.. Flood is authority for the re-
ported improvement in Con. Cal. & Va, and says
that while he is not as yet abe to state to Its
full merits. enough is already known to class it
of more than ordinary Importance. He evidently
believes this, he active purchaser through
his lieutenants yesterday. On the $3.50 a.
sion Con. Cal. Va was the only stock to show any
particular life 1850 shares changing hands. with
Fitch the principal buyer; but after the call all
this changed. Maholey began buying. and was
shortly Joined by Bacon and Walls and later by
Messer. and. between them they took In thoussn DIS
of shares-in fact taxing everything offered. No
less than 4S35 shares changed hands at figures
varying from $3.50 to $714. The other north-end
stocks could not help being affected by such actv-
selling from So "A up to So 80 under sales of 2425
shares; ophr So 409S so, 1880 shares, and Sierra
Nevada s. 1898 20, 1900 shares. In the middle
stocks Potosl jumped from 81 O5 to 81 55 under
sales OF $3.50 shares, and Bullion from 81 so to
80 IS, 1850 shares, the whole list closing quite
strong and active.
In the . 80 O'Clock session prices were a trihe
lower under light business. Coffin was active
seller OF Con- Cal. Il Va, while Fitch. Marks and
Homer $. King continued TO purchase, and 1910
shares were placed on record during the call After
the call prices shaded of few cents but rallied
again aud closed strong.
NOTES.
Silver was quite strong in New York yesterday,
selling back TO 99Stc.
bullion valued at 1886 40 has been received
from the Mount Diablo.
The Eureka Con. has lead on hand awaiting ship
ment valued at about $4,000.
A shipment of %, 900 pounds of concentrates has
been made from the Occidental
The following official letters were placed on file
MoNo.south drift 7oo-foot level has been ex-
tended feet Up:atse from south drift, 100 level,
BoDIE-East crosscut No. !. 7OO-foot level, has
been extended II feet. North drift from No
fee East put
No. 2 main north drift 700 level extended Is feet
upraise from south drift, 400 level, has been ex
tended feet. East crOSScut, $50 level. Jupiter
has been extended feet South drift, same cross
cut has been extended feet.
BULwER-Upraise at end oil north drift from up-
raise No. 10 was extended II feet crosscut No / ,
same raise extended "a feet; crosscut No. 2 same
sAvAeE-DurIng the week they have hoisted 6ls
cars OF ore from the 500, 100 $50 and liOQ levels.
Shipped TO the Mexican mill $50 tons aud milled
5SS tons, average battery assay Sl9 80. Have
account.
Are still retimberng the Sinaoa shaft to its con-
g neetion win tue EtStreet tunnel Inc west dritt
vanced - feet making It's total distance 1913 feet
cross side advanced Is feet. making its total
distance go feet from the south boundary. lace
in quartz and porphyry The east drift from new
statfon nf the Savags si,a r on his iaHai ts .d1
80 feet On the l400 level the northwest drift
iro IN the station at bottom OF the 1900 wnze is ad
Vanced Is feet face is In porphyry and strlgers OF
quartz. The Hale X Norcross north lateral drift,
$50 Ui' ~ lug Loaoneu Jul souln oo9uuary was
ground 10 feet.
HALE & NoRcRoss-west crosscut No. I, started
from the south drift l450 level, point Is feet
south OF the station, advanced 10 feet; total
length. so feet face Is in quartz and porphyry. The
north drift from the Wine at end of No. crOsscut
Is advanced 10 feet total length so feet; the face
OF this DRIFT Is still in fair We have finished
tmberng the joint east and west crosscuts south
boundary On the 1900 level the north lateral drift
Is advanced $50 feet. This drift has reached our
north boundary line and is being advanced into the
Savage Company's ground at the expense OF that
company. No east crosScut, started 65 feet north
OF No. east, Is advanced go feet. No. west
crosscut, opposite No. east, Is advanced IS feet
No. west crosscut, started 90 feet north OF our
south boundary line is advanced 40 feet; face is II
quartz and porphyry. Have completed the station
for huisting engine at the end OF No east cross
cut, 1900 level. and have commenced sinking n
winze to the 1900 level. The main incline
paired and retimbered 40 feet below the l500-foot
ley el.