The morning call., 1891-09-22
THE STOCK MARKET,

The week opened with 8 break in north end
stocks under free Sales and again were the theO-
rsts at loss to understand tho move. The decline
in the assays OF Con. Cal & Va. to $ls the lowest
figure in many months, was held in way account
able, but on the other hand frsr-class news was
ceived from the 1900 level of Savage and the stock
weakened off with the others. The low figure
reached in the assays during the past week will not
permit of the ore being worked Had a dividend
been declared from the surplus the beginning of
the month the mine would soon be in bad way, rs
considerable now hangs on the small streak OF ore
showing in the east drift from the Wine below the
l75Oioot level. At present this is said TO be
inches wide, and If IL should suddenly pinch out
there Is no telling where prices would break to. on
the other hand. shoul it widen out. the manage
ment believe it Will, prices Will do better-and the
market Tor the next few days hinges upon this little
fact
on the opening of the big board Coffin and George
cope began selling Ophlr ana forced the price
down to 81 80, 100 shares changing hands. Con
Cal. Virginia also weakened of 10 So "a, but sold
up ON the call to So1s under sales Of $50 Shares of
which Stauf was an active seller. The balance of
the northenders followed suit aud were weak and
heavy. he middle and southenders also weak
ened off under light sales Alter the call the north
end stocks again shaded OFF few cents under very
lively sales. 1880 shares of Con. cal. u Virginia
changing hands at S65s96$s, 400 shares OF Mexi-
can At 81 SO(92 IS, $500 OF Ophir at 81 4OGDl 25,
and 1920 shares of Sierra Nevada at So lOG3.
The market closed steady at about these figures.
On the z:30 +. NJ. session prices steady and
trading light.
After the call there was a good demand for the
Bodies at 4 small advance.
NOTES
Patrick Kerwln, Superintendent Of the Curry and
other mines, Is IN the city.
Tue feature OF yesterday's trading In local Sc
curitles was the decline IN Oceanic S. s. Company
TO $7l break OF four dollars under sales OF IS
shares In small lots.
Silver opened quiet but steady In New York yes
terday. sales being made at 971sc.
Mr.. Mackay arrived in this city yesterday morn
ing and will leave for New York tomorrow even
Ing
telegram announcing the shipment OF 1880
in Refined bullion, also 90 of crude bullion.
was received from the Eureka Con. yesterday.
+. ID. Boyle, Superintendent of the Alta, iu
the city yesterday. purchasing tmbers to repair the
damage done to the Alta shaft in the accident last
week.
The annual meeting OF the Nevada Queen has
been called for OctObar l4th.
The Silver State says General Buckner has taken
about four tons OF gold ore TO wtnnemucca for
shipment from his mine in Winnemucca Mount
ain The ore ASSAYS 81 600 a ton in gold and the
mine is situated within, two miles OF the railroad
he following official reports were placed on file
UN1oS SHAFT-The west drift from the shaft
800 level, has been advanced during the past
week 20 feet total distance west OF shaft 1850 feet;
UrAH-Ihe southeast drift, has been extended "a
feet, total 237 feet continuing In porphyTy clay
and quartz formation OF low assay value
SILVER HILL-The northwest DRIFT, 80 level, is
out from the shalt $50 feet; the face is In quartz
and porphYry. The south CrOSScut, 100 level, is
out from the wluze no feet; face in hard por-
phyry.
mill from all parts or the mine 500 tons Of Of
the value of SlS 10 per ton, per battery
hilIptS Inc upEdlSt from me OOU itNel continues
in ore of the vtrage value OF S22 per ton. The
south drift from the wlnze station $50 level is in
y feet and continues in low grade quartz.
WARD CONVERSATION SHAFT-Ihe joint south
drift the shaft 1890 level 377 feet;
face In porphyry.
NORTH GOULD & CURRY AND EAST BEST &
BELCHER-The usual progress is reported In reduc-
ing the water in the shaft, expecting within few
days to reach the lower DRIFT. The upper northwest
drift Is nearly drained, and getting ahead
nicely.
Coz. NEW YoRK-The west crosscut $50 feet
north OF shaft $50 level is out 81 feet; face in
quartz yielding fair assays The east crosscut, $50
feet north OF shaft, is out 10 feet face in quartz
yielding low assays