The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-05-25
THE STOCK MARKET.

The market opened dull and heavy yesterday and
prices showed quite a decline Nothing OF any m-
portanee received from the front A new plan
OF work In the Hale & Norcross was begun last
Saturday. by this method large amount OF
new ground viii DO opened up at no increased
pense, and there are hopes OF uneoverng a body OF
Speaking of this work. Sundays Enterprise
contains the following: yesterday morning SUI
perIntendent Ryan OF the Hale Il Norcross inaugu-
rated an entirely new departure in the working OF
the mine that is OF very unusual Interest and which
may be followed by results of not only great benefit
to stockholders but Comstock mining interests in
general. The departure consisted In the beginning
OF repairs 10 the incline below the l640, Sutro
tunnel level. with view to opening it up the
1900 level and the establishment OF mining in that
part OF the NINE.
"In the original sinking OF the incline years ago
the haste 10 reach the lower Levels prevented the
prospecting of the mine at all between the 1900
aud 1900 levels. The ground Between these levels
is therefore to-day an unknown land, an une1-
plored country. St0rehouse OF possibilities re-
positOry as Il were of potential bOnanzas. Supern-
tendent Ryan proposes TO explore it and bring to
light whatever II contains
This is an encouraging undertaking The block
of ground 70 be prospected Is very large, and
within IT'S area there Is plenty OF room for an I'M
OF mining below the 1910 level or the sutro tunnel
since the combination closed down and deep min
ing ceased In 1885
''Between the 1900 and 1900 levels the mine has
only been partially prospected. and there is room
for large developments IN that neghborhood. 1t is
also known that there the 800 when
work was stopped there. II this departure should
prove successful and profitable developments
be made, the sentiment favOring the resumption OF
mining In the lower Levels alt along the lode will
ceiye an impetus which may be followed by great
On the early call Homer King was an active seller
of the north-end STOCKS, and Ophir declined to
81 S5 Mexican 81 IS, Best * BeIeher 81 30 Union
81 80 and Con. Cal. Va 81 20 TO sales OF $50
shares.
In the middle stocks Bullion sold at csc. Norcross
81 40, Potos 81 D and savage 81 IS. OF the Gold
Hill stocks. Al ia sold at zoe Crown Point 81 20,
Seq. Helcher 35c aud Jacket zoe.
After the call prices remained steady but in
anfF and n Gg 4f RI ha Ka
adjournment
On the $50 P. NJ. call prices remained steady,
but trading continued DUH. After the cali there
was little If any change and trading dull at the
close.
Silver made quite drop yesterday, certificates
selling at S7%e aud bars at S712c in New York
The be Frees mill at ruscarora started up yester-
day on COpts ore and after the first cleanup diyI
deud viii be declared
An assessment OF 25e per share has been levied
on the Bullion, delinquent IN once June %
Following Is the official report OF the pumping
operations in the Crown Point incline for the week
ended. May 2l 1892: The 100 station pumps
have been working continuously during the week
and the hOw or water keeps both pumps running
steadily, We have been retimbering the incline In
several places between the 500 and 1900 levels
during the wees, but expect to get through with
The Confidence delinquent sale takes place to
day.
The weekly reports OF the Tuscaroras are fol
CoPrrs-The work done has been quite satisfac.
tory The ledge in stOpe is 10 feet thick, IN
other feet and another feet thick. The
seam ledge has produced some rich ore driit is
being drove in east part OF mine some fair ore.
We have 1000 tons OF thlrd-ciasS ore dumps.
NAVAJO-rhe Slopes are looking about the same
at last report. The vein continues small and
high grade.
BELLE IsLE-West crosscut $50 level extended
feet. North drift $50 level extended feet;
still showing hgh-2rade ore.
NORTH BELLE lsLE-North drift l 400 level ex-
tended Is feet Uprase from this drift cx ended
II feet, showing a large vein OF lOw-grade ore.
South intermediate drift from upraise ! Ia south
800 level extended feet, showing considerable
good ore.
NEVADA QuEEH-Second level-East DRIFT from
chute extended % feet in vein, glyug low assays.
West DRIFT from same chute IN "a fees exposed
feet wide feet average assay $3.50 per ton. bal
ance assay from car sample $40. East from chute
have started slopes west from same, advanced Il
the ore IN !. East drift from chute has been run
IS feet nothing OF value yet West have CON
nected With chute 4. exposed ore entire distance
to Is inches wide. South drift from IN 20 feet,
vein IS pinched down 10 4 feet with seam OF ore
inches wide Raises and nave he'd the vein
and show good on the f0Otwall. East DRIFT from
advanced II feet. Is inches second class ore.
South from east crossCut IS IN 10 feet exposing
fine ore. North side IN feet aud Slopes started.
Third leyel-SOuth intermediate driit from chute 2
advanced II feet, seams and lunches of good ore In
the face OF drift East drift from extended %
feet. South intermediate from same point ad-
vanced feet to-day cut into lS inches OF first
class SiXty-ive cars OF irSt-eass produced
ana sent to the mill; also 499 sent to cOncen-
trating works, average battery ASSAY $29 per ton