The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-02-11
LICK HOUSE.
THE STOCK MARKET.

The feature of yesterdays market was the heavy
trading and advance In Hale & Norcross the stock
OF which has been consp icuous for It's duness for
many months. II has been the general opinion OF
late that the present management did not Intend to
make any effort to retain the control of the COM
pany at the annual election March g. but that the
brokers Combine" would be allowed to assume
the control In this II would use its In fueDce
and turn the company over TO Mr. Flood to man
age; but yesterdays actions give an entirely new
phase 10 affairs and 1t looks as II Messrs Ho-
bart & Hayward had come into the market IN
tending to have something to say In the managing
OF affairs The prospect OF a lively tight Is good
in which case the public for once VIII be the win
ners, prices will advance and they can sell and
enjoy the profits as they have the stock necessary
for the desired result Up the present the use Of
proxies has entered largely into the annual cleo
lions, but in this instance it will be stock that
counts and as the present management Is as house
divided against itself the prospects are that very
lively three cOrnered fight Will result During the
last few day large lots OF stock have been bought
In through different brokers under orders from
Msrye's once and the latter in turn is credited
with receiving his orders from HAYWARD IL was
not until yesterday, however that any omen move
was made when Jos King came out boldly aud
took In everything offered
A few days more OF such trading will put Mr..
Kings principal In full control OF the company and
at the same time the brokers' combine win be
happy In the fact that the control was obtained by
stock purchased on the floor of the exchange
No news outside Of the weekly reports published
below was received during the day ana these do
On the early cali there was very little trading:
prices had top-heayy look, and few sales we're
ST 75 Best Beicher g. Sierra Nsya6 d. 81 SuT g6
Union 81 rs aud Con Cal. & Va IS rs TO sales OF
800 shares. OF the middle stocks NOrcrOss was the
only one 10 snow any cnahge and 800 shares were
recorded at 81 20G92 25. The balance of the list
remained steady but inactive. After the call the
.middie stocks tn favOrlte and showed An adj
vance. under lively sales, Choar selling up to
q 49, to sales OF 1910 shares Norcross 81 26a so,
$500 shares Potosi 81 80 ana Savage 81 406I so
1850 shares The strength in these stocks 6raced
up the others 100 ana 90 shares OF Con. Cal. a Va
sold at So 1905 s71a the market closing strong at
the noon recess.
In the .2:3o o'clock call prices were strong and
business fairly active, but nothing OF Importance
was done until the call OF Noreross was reached
when the stock, which had been freely offered at
~ 90 In the PACING Board under heavy purchases
Of Joe King jumped from 81 SO up to So O5 and
4l00 shares changed hands. Con. Cal. Il Va sold at
1913, and the other middle stocks following the
example OF NorcrOss, also sold up a few cents
After the call the market continued fairly active
and few Of the middle stocks showed an imnrove
ment, but shaded OFF again Just before the close
NOTES.
Silversshowed little change in New York yester
day being steady at S9I2 TO 9Oc
An assessment OF 50e per share has been levied ON
the overman ~ VA
The Guasucaran and California Mining Company
OF Hond uras, Central America, has levied an as.
sessment Of SO per share.
During the month OF January the Con. CAL & Va.
ran but $3.50 behind, against $4,000 I'm December
anc II the present quality Of holds out there is
little doubt That tho company will earn quite
little sum Tor the month OF February
The following companies have declared dtyi-
bends, payable February Is: State Investment and
Insurance SOC, Oakland Gas zoe Atlantic Dynamite
4Oe California Powder Company ST. ana Omnibus
CaOle company 4Oc. The Occidental Con. and
Martin White assessments fall delinquent in board
to-day.
The following Official letters were placed on file
yesterday:
MoNo-Upraise 2, 700 level, was extended Ia
ieet south DRIFT from No. upraise, SO feet above
the 100 level, was extended feet
SUhMiT-North drift, 100 level. was extended
feet. Are extracting from this drift and fro M
Slope above drift, of good quality.
BoDIE-During the past week east crosscut /, TOO