The morning call., 1891-11-20
THE STOCK MARKET.

"
There was further decline in prices yesterday
aud the market had anything nut healthy appear
ance. No news beyond the weekly reports was re-
caived and these did not show anything OF impor-
tance except in Becher, where ore. varying from
SIC to S35. is being extracted from the 200-fOot
level at the rate of from 10 to IS tons per day.
On the early call prices were heavy and ophr
sold at So So Mexican 81 AS, Curry 81 So Con. Cal.
d Va S51s65 25, Union So % and Sierra Nevada
50 1892 65 the latter being the strongest stock on
the list In the middle stocks Bullion sold at 81 TO-
Chollar 81 10, Savage 81 So. OF the south enders
Belcher active at 81 SIS TO sales Of 1850 shares
Challenge 81 10. Crown Point 81 36, Justice 5oc,
Alta sl@l 05 C9U0 shares), overman 81 90. Seq.
Belcher SOC and jacket 81 So The balance of the
list showed no change. but remained dull. After
the call prices weakened off, Walls and Bacon
jumping Con Cal. & Va. and riding it down to
81 IS TO sales OF 1870 shares. Belcher sold down
to 81 70 under sales Of 1850 shares. Ophir So 40,
1851 shares, and the balance OF the list in proper
ton. on the $3.50 afternoon call there fur
Their decline under light sales, but the mark ct
braced up again and closed steady anu fairly &C
tive.
NOTES.
Silver was steady at e45sc in New York.
bullion shipment containing 10,026 ounces of
crude silver was received from the Holmes yester-
day.
The overman delinquent sale takes place to-day.
At the annual meeting of the stockholders OF the
Challenge Mining Company Yesterday O7O3 shares
A. X. Harmon. President. James Newands, Vice
Presidents; and }. 2. Martin, ). II. Dickinson and
elected Secretary and w c. Sharon superintendent.
4 he Secretarys financial statement showed credit
OF s. 80
The superintendents annual report showed that
during the year ending October 81. 1891 there have
throu III the Yellow Jacket shaft and shipped to the
Brunswick and Vivian mills for reduction ll47
tons OF ore This ore was taken from small Streaks
and punches found the different levels above the
100 level In addition to the extraction of this
ore prospecting work has been done on the 200,
800 400, 600 $50, $50, 1000 and HOO levels, but
no ore OF any value was found
The following official letters were placed on file
yesterday:
Seq. BELcHEK-The main west crosscut from
south lateral drift the 500 level has been ad-
yanced feet making the total length a 81 feet.
Inc lace is IN porphyry with streaks OF low-srade
BEICHER-Have started north from the 300
level station from the shaft following the old north
lateral drift with the intention of getting under the
quartz uncovered on the zoo level east err sscut
Have cleaned out and retimbered this drift for a
Level stope from 10 10 tons OF ore per day, sam
pies OF which vary from Sl6 TO $50 per ton. The
bGt we VIII commence Shlppigg TO the Brunswick
mill tomorrow (Noyember lSth). when the bat
terry sample will give us Its ex lct value.
CRowN POINT East crosscut l on the 500
level Is out 62 feet having been extended 30 feet
punches and streaks of owsrade quartz through it.
The west croSscut from south lateral DRIFT on the
6UO level has been extended Is feet, and is now out
% feet: the face is in porphyry.
Con. IAPERIAL-The raise from 400 level Is mp
" feet feet h1yi Ing been made during the week:
the top shows quartz of no value. The south DRIFT
OF 500 level from east crosscut the fourth floor
IS IN ~ lotl. the lace SHOWS quartz OF no value.
CHALLENGE-Ihe joint Confidence and Challenge
north lateral drift on 200 level was taken up this
week and is now IN $50 feet from west drift from
Yellow Jacket shaft. the face in quartz OF no value.
he joint Confidence and Challenge north drift
800 level is now in 52S feet, - feet having been
made during the week; the face shows quartz OF no
value The joint Confidence and Challenge north
drift OH tho 6SU level is Ill 799 feet; the face shows
porphyry.
HALE & NoRCROss-On the 1850 level the Joint
north drift is advanced go feet; face in quartz
giving some fair assays ON The 1880 level the
north lateral drift from the new stat is advanced
20 feet. On the Sutro tunnel level the west drift
started from the south OF the main incline is adj
vanced 20 feet; face continues IN quartz OF low
grade. The south drift Oh THIS level was advanced
20 feet. making total oil 70 feet face IN quartz
and clay. Have sent through the Sutro tunnel 5Uu
cars OF waste rock during the week.
SAVAGE-During the week have hoistel 62S cars
OF ore from the 500 $50. $50 and 100 levels.
shipped 10 the Nevada mill 525 tons aud milled
535 tens; average battery assay, $40. Have but
hon on hand amounting TO Sl4. 322 90. The west
drlit from the new station fOtOs tunnel level.
advanced 50 Ieet making It's total 673 feet from
shaft face. in IOw-grade ore. We have men on re-
pairs on The 800 and 400 north drifts. On the $50
level the slopes show better grade OF ore. ON the
HOO level west cToSscut ! advanced 20
iee making It's total SO feet; face IN quartz. giving
low assays. We are Stopping some average grade
near south boundary on this level ON the 1900
level. No wfst crcssout from main north drift
VS. advanced 20 feet, total length SO feet At the
sutro tunnel level the uprase is advanced 80 feet,
top AL quartz, carrying some fair-grade