The morning call., 1892-02-20
THE STOCK MARKET.

The market was very weak yesterday and prices
showed sharp decline No news of any impor-
lance was received from the front, and the only
thing OF interest during the day the call issued
by the brokers' combine upon all dissatisfied stock
holders give their stock proxies to use at the
annual meeting OF orcross, March 9.
On the early call there little doing and
/ prices were heavy. Ophir selling at 81 So Mexican
/ g. So Curry 81 80 Best Belcher 81 50. Con. Cal
& Va 81 so. Sierra Nevada 81 so, and Union 81 10.
/ The only one Of the middle stocks 10 show any
strength was Norcross which was steady al - ~
to sales of $50 shares. Choar sold at 81 %, saw
/ age 81 % and Potosi O. 55. In the Cold nm
stocks Belcher sold at 81 70, Confidence - oO'
/ Crown Point 81 20, Justice soc. kentuck Ice seq
! Belcher zoe and Jacket soc. The balance oil the
market was steady, hut inactive. After the call
! prices shaded off under heavy sales, and Con. Cal
! 4 Va. sold down to 81 IS, uuder sales OF l44o
| shares The balance of the market followed suit
/ with the exception OF SorcrosS, and closed weak
/ and heavy at the noon recess.
ON the 2:3O r. NJ. call prices were very WeaAs
Walls sold Con. Cal ~ Va. down to 81 80 and lou
/ shares were placed on record. The balance OF the
list also sold down few cents, the only exception
again bel ~ NorCross, Of which $50 shares changed
! hands, Homer, King. Frtch and CONN ing actlVe
! buyers. Alter the call prices WeaktHei on sun
further bal trading was very dul, the naIAet Gus
/ ing weak and heavy.
Silver was weak at s0l4e IN New York yesteF-
/ day
The annual meetings Of the Hale & Norcross and
/ PoJ0si mining companies have been caHed Ior
/ superintendent bL q
mine has sent the following letter 10 me DrectoIs
! "Iu view OF the recent important developments OF
ore made ou the $50 level OF The New ORR nine ~
I poi.t less than 200 ieet distant nom the La1y
Was HiuCtuu ground, would Tespeeu ully urge me
Directors OF the IaSt-named mine 10 commence
! operations through the New Aork ShatL on the ooO
/ level. The New York ore body shows strong ten
! deUCy % the south. and l have doubt thaL IL
| runs into the Lady Washington ground"
/ The Nevada City Herald says that the Grizzly Is
the coming great quartz mime OF Nevada county IL
is on Grizzly Ridge, haI mile west OF ana laraI'ei
with the DENT At The point OF discovery tueIe arr
/ four veins nearly parallel which nave peer SGapeG
I gougcd from loot TO 10 feet in dSpth, aau
rock has uttu iound exactly Ike lhe ICA D I'm
rock establishing its character sister lead The
rOC6 carries suphurcts of iron, lead Z ne ana ar
seu-c and iree gold The writer has seen some very
/ fine specimens. but the specimen rock is very nm
tied and has been carefully gathered ana housed.
/ The true wealth OF the lead lies IN its sulphUret
built once ID the ore 10 mill.
The Grass Valley TidinAS says: At the orth star
/ mine Superintendent AOduIe reports the toiOWlng
very rapid sinking OF the main SHAFT from ABOVE the
/ $500 station to 80 feet below.
! From January 10 February one drill run by
I Your men working two men per SHIFT OF 10 houFs
/ each. sunk 55 feet OF gr0uud.
The TWO previous best runs al this mine was 81
/ feet made twice before, IN september, 1851 atu
In September. 1891. During he period OF so DAYS
above des grated The same drill win the same men
IAN b feet En- ths 200 driIt, this ground ue!hS
drilled while the broken ground In the shaft was
/ being holsted, which am united 20 5cl tons FROM
january J. 1891 10 February g. 1892, there was
hoisted from The shaft, lu uSiug, aud IN eating
the 400 and Z2JO stations. 5-bG OF J5ll tons
/ Uf material. Including quartz aud waste
/ The drilling for the foregoing record was done by
/ James Sey uuUg aud fhom3s IIppeU GA one ShIt
and ". a. Garter and VI. Mclvor She other, using
/ flUplN 5la-lAch drill The shaft VIII average ~
! 20 and Is Auw -55O feet deep. one huHdre1 anu
ten single shifts we're worked iu the shalt making
thc cust o. labor St pea foot Ihs Is the pest rec
ord for The North st,r mine aui We believe iof TIE
/ district a.sJ.
ASSIGNMENTS Pending.
he following assess unurs rfutlng: