The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-12-19

The market op ened steady but inactive and no
particular change to be during the day. No
great amount of stock changed hands until the noon
Informal session, when there more business.
$40 shares of Con- Cal Virginia selling at IS $50
95, 800 shares of Hale ~ Norcross at 81 IS 9l IS
and 700 Best & Belcher at 50 05@2 10. the market
closing fairly strong at the noon recess. ON tie
2:30 p. NJ call there no important change.
After the call prices remained steady, with some
demand for Hale Il Norcross-
NOTES.
Silver showed no change in New York yesterday
selling at csc.
ZadIg & wollberg leaves for Europe this evening
The Virginia Chronicle of the 10th said: sit Is
reported that seYenty-fve men we're drafted out of
the Yellow Jacket mine at Gold Hill last night and
to-day. The working force retained now numbers
but nifty men, The reason for the draft is said to be
owing to the low value OF the ore being extracted
which was not paying proposition.
Wednesdays Territorial Enterprise says: Pump
ing operations have not developed any new phases
OF late, but a stage Is being approached when more
progress Will be made. II everything goes on IA
voraby until Saturday the drill Will then be with
drawn and the second hole opened In the buIkhead
In the Crown Point incline.
"At the last report of the Pumping Association
the water TODD SO feet below the 1870 level in the
Oyerman mine, and at similar point in the Becher
aiT-Shaft and Belcher mine. 1t will be seen that
this water is about 20 feet above that in Crown
Point Incline. As consequence it Will have to be
drained off before the water be lowered In the
incline below the lower levels OF any OF the
mines affected by the pumping operations. This is
expected to follow Immediately after and to be
completed within a short time OF the Withdrawing
OF the drill. when the drill has been Withdrawn
the pumps. which are handling reduced amount
of water VIII be worked to their full capacity,
and, as a result, make much greater progress than
they have been making After the water in the
other southend mines has been reduced to the
level 1t stands in the Crown Point incline, every
foot It is lowered Will be an absolute gain and the
gradual recovery of the lower levels Will be steady
and sure proposition"
The san francisco Savings Union has declared a
Senl-anUual dividend of D 40 and
$50 per cent on ordinary deposits, payable January
I'd The Mutual Bank of Savings has declared a
dividend, payable on the same date
At the annual meeting OF the stockholders OF the
Andes Mining Company yesterday 1888 shares
were represented and the following Board OF On
GERS elected for the ensuing year; Nathaniel l.
and Cornelius O'Connor, w s Lyle aud H. Zadig
Directors. j. w. Twiggs was reelected Secretary
aud his financial statement showed a balance of
5000 ~. Joseph K. Ryan was re-electe ed Supern-
tendent and the Nevada Bank Treasurer. The
SUPERINTENDENT annual report was as follows: ON
the 175-foOt level repaired small portion of air
way. From the 800 level a wiBze that had been
level On the 400 level the main north drift
SHAFT 6o6 feet Al noint reet north OF safr this
driftwss connected with the wlnze from $50
level giving fine circulation OF air in that por
ton OF the mine and affOrdIur an additional
mode of egress from this level The main
north drift has been substantially timbered
from main north drift and 300 feet ortb of shaft
east crosscut was advanced 4 total length of 2I0
feet A small flow OF water was encountered at the
end Of the cFosScut. mis- crosscut passed through
which some very low assays were obtained; the
face stopped In pOrphyry. East crosscut 2
from main north drift 800 feet north OF shaft, was
extended Isl feet and stopped in porphyry. Inc
ledge at this point Is 107 feet wide and IN places
gives assays o. low vane. East crosscut 1 from
main north DRIFT, 6S5 feet north OF shaft,
driven l49 ieet and discontinued IN porphyry. In
this crosScut the ledge is IL feet WIDE and from it
some low made. Last croSScut from
main north drift aud 625 feet north OF shaft has
Just been started; it is In % feet.
From east crosscut 2 at 4 point 80 feet east of
main north drift north lateral drift was started
and has been carried north 800 feet, all the dis
lance in quartz that has yielded assays OF Tow
value Main south drift 40 level was extended
Jag feet total length 2l9 feet. From main south
drift 200 feet south of shaft east crOsscut was
driven 27S feet east, but failed to show anything
OF value.
on 42o level the shaft station was enlarg ed,
making suitable sized station. From the hosting
works to the cad OF the dump a car-track has
been laid and at end OF dump trestle erected.
The ground purchased this year for waste dump
has been enclosed with substantial bulkhead-
The shaft the drifts the 40 level in good
repair ami all the machinery is in good worGiag
order. During the year there 4 total of
1876 feet of drifts
Assessments Pending.
The following is list OF ents now pendne: