The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-23

81 So; Best & Belcher So 6a@ 10 to sales of $50
| shares; Sierra 81 20, Union u to, and Con Cal.
| Il Va. 81 65@I 20. to safes of 500 shares In the
middle stocks NOrcross strong and In demau d
| atSi 50, with Marks still buying Bullion sold at
| 81 30, ChOIlar 81 3d. Potosi 81 IS and Savage
| 81 %. The southenders stu remained dull and
Crown POiut 81 40, Kentuck 25c Oyerm an 81 10,
seq; Belcher soc and Jacket s 20. The balance
OF the ComStoc6s as well the outside stocks,
named steady but inactive. After the call the
market hung fire for time then turned d, and, I'M
| ana Epstein again advanced. Best d Bechs sold
| up 10 SO under sales OF 270O shares; Con. Cal Il
| Va. advanced from 81 80 TO S51l under slIes o T
9lOo shares; Curry TO a, 1880 shares NorcroSs
81 50. 400 shares: Ophir SO 40 Savage $Ia4,
1900 shares and the balance of the north-end and
middle SOCKS In proportion, the whole market
closing strong and active at the noon recess
In the 2:3O P N. session prices shaded off few
cents under active sales. The market however,
sun retained firm appearance that was not af-
Iected by the offering Of veral heavy short sellers
the call prices remained steady under active sales
and the close was strong
NOTES.
Bullion valued at $l3,I24 50 has been received
from the Overman
silver remained steady at 92&sc In New York
yesterday.
An assessment of cents per share has been
levied Oh Con- Imperial and one OF 70 cents On the
The Justice assessment fails delinquent in board
and the california Cola in once to-day.
The Champion mine Of Nevada City s coming TO
the front again. 500 shares selling at 70 90 yester-
day.
which carries the water out OF the incline IN the
Crown Point mine, which required some little time
10 repair Ii ala not affect operations materially,
however, and repaired In short time. The work
OF reducing the water is being done by the station
pumps at Present The sinking pumps VIII resume
work agi IN In a couple OF days Another hole will
be bored in the bulkheaG shortly.
Two miles from the town OF Monroe. Utah, two
men have ran tunnel in the mountains and struck
lode bearing bismuth. The lode is 80 feet WHO
and well defined
The country west of the Great Salt Lake, says an
old prospector is one vast mineral farm 6O0 miles
long and many miles wide. Most Of the section OF
re- Nf4Tr az IN q In Nov Fi4
A company has been organized in Boise city Tor
the purpose of buying, bonding and working nun
ing property etc. 1t is composed OF some OF boises
prominent business men, aud organized WIN cap
ltal OF S2JO.OOO.
made with much announcement upon process OF
extracting copper from the by anew elecrrolyuc
method The whole process barely lasts ten hours
and the loss is scarcely One-haf per cent, 50 that
even the poorest ores can be rendered remunera-
tive.
There is intense excitement in Custer County,
Idaho, over the discovery Of an immense lode OF
gold-bearlng ore. about six miles below Clayton.
The lode is said 10 be 80 feet wide. average samples
from which pay Sl2 in gold per ton. The country
around has been staked on for miles What il most
singular about this new discovery Is IL IS SAID thdl
the ore contains, besides the gold, mercury Tor
amalgamating purposes; This enormous gold l0de
mas Dteh Travelled over dalIy lot several years OuI
It's value WAS only discovered a few weeks ago
AT meeting OF the Board of Directors
OF the Peer Mining Company Thursday,
It was resolved that the present ore, about 1000
tons. be cleaned up at the mill. and when finished
that the further extraction OF ore be suspended
temporarily. Also that a tunnel OF about 100 feet
In length be driven at vertical depth OF 400 feeU
which. 1t is expected, Will cut the VEN at that
depth. and thus permit economical working OF the
mine. Al Pre- sent ltrequires SIX different landings
to iget the ore to The mill, ana this makes the
expenses unnecessarily heavy and all this can be
done away with under the proposed plan. should
the ore BODY not extend TO this depth the CON-
pauy VIII still be I'm condition to thoroughly pros
pect and open mp the mine at very slight cost In
comparison TO that now borne. Saouid the ore be
encountered at THAT depth the stockholders VIII be
able TO congratulate Themselves tue holding OF
good piece OF property. THIS Is certainly move
in the right dire ton from economical stand
point as Il Will open up the mine In a mtner-like
fashion
The weekly reports from the QuIotoas as fol
flows:
PEER-From the north-eHd slopes on the differ
ent levels from SHAFT the usual amount aud
quality o. ore has been extracted during the week,
Since rep r. 100 tons OF ore were crushed at
the mill. which averaged according 10 battery sam
pies $50 50.
CBocKFR-On the 3O0-foot level at a point near
the west lateral drift the explorations north and
south from upraise continue ia vein matter
showing some ore through lt which is being saved.
PEERLEss-On the 30J-fOOt level near the main
working shaft the north drift shows no change OF
Importance since last report, the face being in
irou-stained quartz, which continues 10 show some
ore through II.
Assessments Pending.
Tho following is list of assessments pending: