The morning call., 1891-08-28
THE STOCK MARKET.

Business continued very dull yesterday and prices
showed change until the 2:30 afternoon session,
when they weakened under light sales. News re-
ceived from the mines reported that the prospect
Ing work the 100 and 500 levels of Con. Cal Il
Virginia proving satisfactory. The mills along
the Carson River are gradually closing down and
the bullion output will be very light from this on
The Virginia Chronicle says: The Eureka mill
shut down last Friday, owing to the low stage of
the water in the Carson River. force of men is
now engaged in hauling sums from the reservoir to
the sdehiil to be through at some future time.
The Morgan mill is running steadily, as it has
steam power well as water power.
The Ophir and Douglass mills on the river
running very shOrt-handed for want Of water.
The water raised three inches in the river Sunday
night, and it is believed by mill employees that the
ranchers. who have been divertng water out of the
river for various purposes. will let it fow
down its natural channel aud that the mills VIII be
able to resume wOra about the first OF September.
Tracing in local securities was little lower yes
terday, but the only change was In Cal. Eleetric
this stock have evidently gotten over the scare
caused by the 81 assessment recently levied.
NOTES
Bullion valued at $1,000 has b.en sent to the
Carson Mint from the Con. California and Nirg MIA,
making S67 55i 90 on August account up TO date.
Silver showed but little change in New YorS yes
terday. being quoted at 9Sss cents
shipment of ore from the Silver King netted
the company about $4,000, which places the com
work upon pending the collection of the assess
ment.
The IuScdrOra water Company has declared a
dividend of Is cents per share.
The following official letters from the Gold Hill
mines were placed on file yesterday:
KESrUCK CoS.-fhe west crosscut from the
level raise is out % feet. II has reached what
Is thought to be the footwalI. From the below
the north crosScut on the 1000 level have cut out
and timbered for station preparatory TO sinking
WINE to the HOO level. Are still following the
streak Of ore south from the raIse above the 1000
level north crosscut rhe streak varies from 6
inches TO 80 Inches in width
Coz. .IMPERiAL-WeSt crosScut No. l this 400
level is Out 4OJ feet the face showing mixture OF
quartz aud porphyry. The joint thillenge and I'M
perial crosScut the 100 level is out l21
feet The face is in quartz aud porphyry.
CHALLENGE Cos. AND CONFERENCE.-THE Joint
Chal ieuge and Imperial west crosscur the hoo
level is out l2lfeer. having advanced Il feet dur
ing the week. The face shows a mixture OF quartz
and pOrphyry. The JOINT Challenge and Confidence
north drift on the 200 level is in S5i feet, and the
face is in clay AMI porphyry. The Joint Confidence
and Challenge north dritt on the 300 level IS IN 1913
feet The tace IS II quartz having no value.
crown POlST-Nu WORK has been done in the
south lateral drift from the 3U0toOt level south
wtnze since last report. The west cros5cut on the
500 level has been advanced 25 feet since last
port and is now ont total distance OF 3O9 feet,
The face Is in porphyry, with streaks Of quartz
the 1000 Level is out q Total distance OF SAG
feet, having been advanced Is feet during the week
BELcHER-fhe west cross ut from the east raise
the Z0OfOgt level is out AZ feet The face is In
porphyry and quartz yielding low assays. The east
crOsscut on the 300-foOt level was advanced to a
total distance OF Al feet ald stopped. An east
erosscut has been started 100 feet further north.
JUsTICE-The south drift on the 37O-tOOt level is
out l9 feet. The face is in hard porphyry. The
south DRIFT from the east crosscut on he 622 level
WAS cleaned out and retmbered a distance OF 81
feet The north drift from the west crOsScut on
the 500 leve is ont 8 feet. The face Is in quartz
giving low assays The north drift on this level is
out $50 feet. The face is IN low-grade quartz
SEC. BELCHER-The west crosscut from the south
lateral drift the 600toot level has been advanced
tance OF 299 feet. The face is in mixture OF por-
phyry and quartz, giving low assays.