The morning call., 1892-09-29
,uiIder,' Contracts
THE STOCK MARKET.

I The weakness that marked the close OF Tuesdays
business enhanced yesterday. and prices re-
! ceived quite a cutting under heavy sales.
j. L. Hood and Nat I. Messer leave for the Com.
| stock this evening. They Will inspect the wOr
| going on in several places, but more particularly
the crosscutting oil the 1890 level OF Hale & Nor
/ cross.
1t isreported in private sources that the vertical
raise from the incline raise from the 400 level OF
| Beicher has passed into a vein OF underlying
the rich pay ore encountered above, and 1t Is be-
| lieved that the two veins will unite at point
| lower down. Assays as high $43 enco un.
tered. The raise has been stopped allow the
water TO drain off, but will be started ahead In a
short time.
At the opening of the Pacific Board Hirschfeld
jumped in and began selling everything on the list
liz forced Becher down TO 81 90 and everything
else followed suit In the big board Epstein car
ried out the plan and many thousands OF
shares changed hands. The Becher people, how
ever. stood under their pet and the price was put
up to IS IL 21a again, but IL only temporary as
it sha ded off Immediately after the call Alto
gether $3.50 shares of stock changed hands during
the call.
ophir sold at SO 10. Mexca 80 25. Curry 81 so,
Best a Belcher 81 so. Sierra Nevada 81 35, Union
8 IS and Con. Cal. IL Va. S4@3 80, to sales of
1855 shares. In the middle stocks Kullion sold at
7Oc Choilar 81 20, NorcrOss 81 1892 IS. 1850
shares, Potosi 81 5 and Savage 81 80.
or the Geld Killers Alta sold at 55c, Caledonia
4Oc, Challenge 81 10. Crown Point 81 rs. Justice
Soc overman ST 25, Seq BeIcher Csc and Jacket
fairly active
After the call prices picked up little. and then
weakened off again and went down with run.
Large quantities OF stock changed hands and the
market was easy at the noon recess.
On the 2:S0 p. NJ. call there WAS no particular
change Prices OF few stocks lower, but
the northenders showed quiet strength that de-
veloped Into quite boom after the call. Con. Cal.
Va. led the market and WAS in quick demand and
sold up to 81 20, with Ives and Gurnett buying The
strength in this stock had beneficial effect the
balance OF the list, and they closed steady ana
fairly active.
Silver remained unchanged yesterday. selling at
S3I4c in New York aud 80 Isd in London.
called for October -.
An assessment OF cents per share has been levied
on the Gray Eagle.
The weekly report of the Savage is as follows
During the week have hoisted $50 cars OF ore
from the 500, $780, 100, 1400 aud 1850 Levels;
shipped TO the Nevada mill 525 tons and med 525
tons; average car sample assay $26 a. average bat
terry assay $50 49, bullion yield for the week
1852 55 shipped TO United States mint at Carson
City, 433 pounds OF bullion The usual prospecting
and repair work is being carried on throughout the
mine. The Joint north drift with the Gould &
Curry Company on the SutrO tunnel level has been
advanced IS feet since last report
The Official letter from the Crown Point mine
ceiyed yesterday says: I'VE are opening out the
streak Oh ore encountered at the point OF connec-
tion OF the and west the l6O level
and the pay varies In width from 20 feet and is
of faiF milling grade. The ore which we have been
following south the fourth floor of the 100 level
stepe is narrower aud considerably lower in grade
than heretofore Other points ia this stape present
no change Of Importance previous points.
The Official letter from the BeIcher mine received
Yesterday saws; 1.-The raise from the north drift ON
the 400 level has been advanced the stope TO
and connected with the 800 level south stOpe
From this inclined raise at point about 90 feet
below the 800 level, a vertical raise has been
started aud Is now mp about u feet. IL has cut
width OF feet OF White quartz pitching about 45
deg west. which yields assays Of from s. to $25
per ton. The top OF the raise has reached smooth
clay with slight pitch 70 the northwest which 1t
is believed is the same clay which formed the foot
wall OF the pay exposed higher up. Repairs the
200 and 800 levels are still under way"