The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-06-18
THE STOCK MARKET.

Prices opened strong yesterday and there was a
fair amount of trading. Favorable was re
ceiyed from the Con. Cal. a Virginia and cOnsid-
cradle stock changed bands during the day
A protraeted meeting OF the directors OF the Hale
& Norcross Mining Company was held late on
Thursday and the legal points OF the suit and de-
cision of Judge Hebbard were carefully gone over
and a plan for future action was settled upon
Speaking OF the condition OF the mine Wednesday,
Virginia Chronicle contains the following: Forty
eight working in the ore Slopes drafted
last evening and the extraction of ore suspended
There Still In the neighbOrhoOd OF 40 men en-
pOyed at the mine above and under ground, those
below the surface working in the incline and doing
necessary repairs.
1.-THE very important prospecting WORK inaugu-
rated the 2lst Of last month is being vigorously
prosecuted. In the early days OF the mine the
Incline was sunk from the 1900 TO the 1900 level
but no prospecting was done below the 100 level
The company has now three eght-hour shifts en-
moved in the incline which has been cleaned ont
to 20 feet below the 1900 level. The work will be
rapidly pushed 80 feet further. when an lSU0 level
Will he opened out. None OF the ground between
the 1900 and 1890 levels has ever been worked,
and the prospects for finding bodies OF ore in
this largo block Of unexplored ground are regarded
THE suspension OF the extraction and shipment
OF ore to the Brunswick mill was according TO Mr..
Floods orders, the ore IN the upper levels has
become of too low grade TO work without entail
ing loss upon the company Hence he directed ex-
penses 10 be reduced and operations to be confined
10 the main incline, with view OF reaching the 1900
level"
S.0u A. NJ.
Ophir sold at 81 20. Mexican 81 so, Curry 85c,
Best Becher 81 80, Sierra Nevada Soc, Union
$50 and Con. Cal Va. SO 50 sales OF $40 shares
In the middle stocks Savage broke from The clos
ing prices OF the evening before, and 400 shares
were placed on record at 81 IS with George Cope
selling. Bullion sold at ACC, Hale Norcross 81 is
and P0tOsi Ace The south end stocks showed little
change, Belcher selling at Soc with an assessment
added, CHALLENGE 45c 0yerman soc, Seq. BelcheT
zoe and jacket 75c.
After the call considerable trading was done
Hale N Norcross was In demand and advanced to
81 rs under sales OF 1000 shares Con Cal 4 Va.
sold up 10 80 80. 700 shares aud the market closed
quite strong and healthy at the noon recess.
On the 2 80 r. NJ. call prices a tFihe heavy
with light sales. and after the call they shaded Off
still more the market looking heavy st the close.
NOTES.
Silver was shade lower yesterday with certlf-
Gates selling at 9OI4c and bars al 1880 in New
York and 497sd in London.
The Contra Costa water Company viii pay dIYi-
dend OF SOC per share next Monday
The Security savings hank has declared a dlvl-
demo at the rate OF 30 per cent per annum on
term deposits and 4.33ls per cent per annum on
ordinary deposits payable July l.
The Colorado Central Mining Company OF Colo
RADIO has declared dividend Of scents share, ag
gregating $3.50 PAYABLE July II, making SAL
$50 paid this year and s46l,25O paid to date.
The Aspsn Mining aud Smelling Company OF AS
pen, Colo. has declared dividend of 10 cents per
this year aud 500 900 paid to date.
The New York and Honduras Rosario Mining
Company has declared a dividend Of rs cents
share payable to-day.
The Aurora Iron Mining Company OF Michigan
has declared dividend OF 81 per share, aggregat-
ing 100000, payable June 5.
The Deadwood Terra Mining Company OF South
Dakota has declared dividend OF cents a share.
aggregating $4,000 payable June 20. making
$4,000 paid this year and 10000 paid to
date.
The Napa Quicksilver Mining Company of Califor-
MIA has declared a dividend OF 10 cents share,
aggresatlng $40, 600 payable July /.
At the sem-annua meeting of the Gold Hin
Miners Union the following officers were elected:
President George X. Smith; vice president j. j.
Fagin; recording secretary. Timothy FIELDS. hnan-
eial secretary, Thomas Riley; conductor, Edward
Jones: treasurer. II. J. Marsh; warden, Thomas
Daily; financial committee-D. McFnersOn, j. Grit
ner, John Crowley: trustees-M Harris, T. II. OIL
land. j. Sullivan, L. Phelan and Luxe Fitzgerald
he PhRniI Herald says; Several more lotion
tanks are being made which viii be taken 10 the
various mines Iank-building for the cyanide pro
ceSSts becoming quite a business. and 1t promises
70 grow as mining men find Out the value and Ell.
cheney or the work.
Assessments Pending.
The following is a list OF ments now pending: