The morning call., 1892-10-02
THE STOCK MARKET.

The market showed less activity last week than
during the preceding week, and prices were brought
back to nearly their starting point. The Insiders
put prices up rather quickly, and the public. fear.
ing to get left, jumped In. and the consequence is
that many are badly hurt. No news has been re
ceived during the week TO warrant the decline, but
the CONTRARY all Information has been OF an
couraging nature. Ia the Beicher the work on the
400 level Is at present retarded by water. bt
the delay Is only temporary. work win be pushed
ahead again in a few days The prosecuting on the
1900 level OF Norcross has not turned out any
too well yet. but rs they are still distant from
the vein there plenty of time for them to get into
ore The best outlook Is in crosscut that Is TO be
commenced near the Savage line.
The Justice mill 10 kept busiiy at work on Silver
HEl ore and it III take at least two months more
before they win clean up. As the run Is
completed the mill will be changed and concen
trailing plant put in The mill Will then be started
up New York ore. and as this runs high In sui
phurets a concentrating plant Is nee cssity.
One OF the strongest stocks during the week
Sierra Nevada. In this mine work is being pushed
ahead as rapidly possible. and II the ore punches
show in the tunnel started below the Steel drift
as we'll as they did In the drift body OF
no small size will result. ana an advance In the
stock will be pretty sure TO follow.
The market continued weak and topheayy yester-
day. with further decline In prices. Trading was
much lighter than usual, owing to the Jewish holi-
day. and many Of tue heaviest traders were absent.
The only stock to show any particular activity was
Belcher which was pretty well susta ed at So O5
Is, and 2l70 shares were placed on record The
selling was quite general. and no particular broker
was noticeable. ophir sold at SO 25. Mexican 81 20
Curry 81 65 Best d Belcher 81 So Sierra Nevada
81 So. Union 81 SIS. and Con. Cal a. Va ga
In the middle stocks Norcross quite weak
selling down to 81 80 under sales of 1000 shares
Savage sold at 81 90. Cholar 81 20. Potosi 81 20
and Bullion zoe. OF the southenders Crown Point
was weak at 81 25 jacket 81 10, Alta 45c Chs-
lenge S5c. Kentuck 25c Overman S5c, and seq
Belcher 75c. Nothing was done In the balance OF
tho list.
After the call prices declined st further oute
a lot OF stock changed hands, but the close was
steady, with slight reaction in prices.
NOTES.
Silver remained unchanged yesterday, selling ut
83c in New York, and lad in London,
The assessments Alpha and North Belle Isle
The assessment Jacket is delinquent In thu
board on Thursday.
The delinquent sale of Bullion takes place on
Tuesday, that OF Del Monte on Wednesday Peer
OH Thursday and Hale Noreross on Friday
The weekly reports OF the Quijotoas are az fol
lows:
PEERLEss-The advancement has been fair in tho
north DIR It on the 800 level during the week The
quartz in the face has become more solid and IL
tered through which Is ore OF good grade The
face OF the drift Is now out 13I feet.
CROCKER-There is no change of any Importance
In the south drift on the main vein 800 Lowell since
last report The vein continues atrong In breast
and is producing some ore OF good grade The drift
has been extended to % feet.
Following Are the Highest Prices Durin~
the Past Week..