The morning call., 1891-10-25
THE STOCK MARKET.

The past week fairly active after the little ad-
vance Con- Cal. Il Virginia during the early part
OF the week, but the market closed weak and heavy
yesterday. News from the front has be5n anxiously
looked for but strange AZ it may appear, has been
very scarce, tho only report being from the lSUO-
foot leve of Con. Cal. a Va. aud that Of such a
limited character that the price OF the stock de-
cllned under it. Considerable attention is being
Centered on the Gold Ill Mines where the water
is being rapidly lowered, and prospecting will be
resumed at an early date. In the outside districts
favorable news is being received from the rus-
cor0ra and from all accounts the body OF re-
Gently uncovered on the 400-foot level of the
North Belle Isle mine is of more than ordinary Inn
pOrtauce. In the QuiOtoas good is being eN-
tracted from the Peer aul the mil VIII be started
up in a few days 1t is to be hoped that those who
control the niue Will do something in the stock
and not allow 1t to drag along as they have Tor the
The market was generally weak yesterday and
under the sales Il Walls prices showed a decline.
ophir selling at 81 80 aud Con. Cal Va 80 under
sales of 45O shares
In the miadle stocks Savage declined to 50 10.
rotosi 81 80. ChoiIar 81 10 and Hale & Norcross
but remained dull. After the call prices weakened
of again under sales Of Walls and one or two others
and Con. Cal. q Va. declined to 81 75 but strength
ened up again before the clcso.
NOTES.
Silver made quite drop NJ New York yesterday,
selling down to 80 cents.
James L. Flood lett for New York yesterday
evening.
From prerty good authority, says the Oroyille
New Era. we understand that operations will soon
be commenced in the Cherokee mine by the drift
ing process Seyera! local capitalists and san
Franciscsns are Interested and il conclusive steps
are taken it will MAKE Cherokee a lively mining
| camp once more There is no d ubt theCe is lots
of gold there aud only remains for operations to
be resumed to secure it. The time may not be far
away when hundreds OF men viii be az work on the
Old mine which mas been the greatest goId-proauc-
ing district in California
The following glowing account OF Eastern Ne
vada's capabilities IS copied from the Pioche
J. H. Howell, writing the Salt Lake Journal under
I .FtnrE < Frsa
"rhe time has CONS when the facts concerning
Eastern Nevada's richness in gold. silver and lead
carlonateS found IN cnttIct blanket in lime, quartz
ite pruphyry quartz aud granite without other for
nations should be made known TO the world at
We want Leadville. Aspen, Rico and Ouray
miners to know with all Colorado and the thou
sands Of intelligent mining men aud prospectorS
everywhere, that Eastern Nevada embodteS an area
of 200 miles lime contact rich IN gold and SILVER,
which cannot be equaled elsewhere IN the Ohlted
"The mineral resources of this country are won
derful, yet but little anown TO the oatslde world
Il venture to predict that Eastern Nevada Will IN
q short time employ from htLt 10 huuuFed thou-
sand miners besides an army OF tradeSmen, and the
people there waiting with imPatence the Duilu-
ing of a railroad from salt Lake into their midst,
confident that their most Sanguiae expectations ana
predictions H be more than rs'l,Ae !. anu etl!le,
Tbs Union delinquent sale takes place tomorrow
The weekly reports OF the QuiI0toas are as iol-
PEER-The Slopes on the 100 level near the north
end al the open stones near the same point, con
tiuue TO looG well from when a reEllaI supply OF
good mil ing grade is beng extracted The Slopes
north and south from shaft l on the 90 and 100
levels are producing steady amount Of ore OF good
quality.
CRoCRER-Fair progress has been made since last
report in the west crosscut on the 800 level, 100
feet south O. the main tunnel The face continues
in irou-sta aimed porpbyry, with some quartz show
Tug in struEers through It.
NELDON-Iu the south drift on the 100 level four
feet has been made during the week in wlnze l,
making "a. The bottom continues in vein matter
similar TO that reported In our last letter.
PEERLESS progress has been made during
the week In the north drift the SOC level near
he mai Nwnr flu ~D
which continues show some ore scattered throu IN
it.
Following Are the Highest Prices During
the Past Week.