The morning call., 1892-03-29
THE STOCK MARKET.

Favorable news from the Wine being sunk below
the 1900 level OF Potosi received yester-
day, and the result was an advance in all the mill
group of mines Cope and Epstein were active
purchasers, and had II not been for the trading
caused by this advance yesterday would have been
sn exceedingly dull day. The only news received
from the north end was contained in the usual
weekly letters. and these did not throw any new
light upon the situation.
On the early call Ophir was In demand at 50 O5 Best
& Belcber 81 As, Sierra Nevada 81 rs, Union 81 SIS
and Con. Cal. & Va SIS AIS shares. In the middle
stocks Savage sold up to 81 so. Bullion at soc.
Cholar 81 25, Potosi 81 30, and Hale l. Noreross
el 20. No change OF any Importance was TO be
seen In the Gold Hill stocks Alta selling at 81,
Beicher 81 10, Challenge 95c. Overman 81 O5. Seq.
Belcher 45c and Yellow Jacket 81 20. The balance
OF the list remained steady but inactive After
the call the middle stocks the favorites. and
considerable stock changed hands. with sales In
Bullion at 81, ChoiIar 81 30, Potosi 81 b5@l As,
shares. The Gold Hill group was also trfe
stronger than on the call. and the market closed
On the 2 80 p. N call trading quite dun and
no change OF any importance was to be seen. Con.
Cal 4 Va sold at IS IS, 800 shares; Cholar 81 IS,
Norcross 81 10. Savage 81 IS and Bullion 90c.
After the All trading was very dull and prices
showed no change, the board rooms closing early
owing to the dizziness
bullion shipment valued at s971I4 Al has been
received from the OphIr.
Silver received another sharp cut yesterday. sales
being made In New York at s5e and In London at
SD. II the present prices continue for any length
OF time there will ne general closing down OF sill
YER mines ali over the country, tn sucn a heavy
discount It would be impossi6ie to make anything
but very high grade proposition self-sgpporting.
racine Lighting Company has declared a dividend
of soc. payable ON the 9Th
The Overman letter for the past week says that
1926 tons OF ere were extracted from the 1000 and
100 levels during the past week. The average as
say of the samples of this ore was S35 81 per
ton They have discontinued shipping TO the
Brunswick mill for the present. On the 1900 level
the incline upraise from the northwest drift has
been extended 40 feet. total length 81 feet: fOrma-
ton quartz, assaying from "a IA TO $2s "a per ton
On the 100 level. at point AZ feet above the
track floor, incline uprase has been started aud
extended "a feet: face OF uprzise shows seam OF
two ieet in width, nssaying $50 per ton On the
100 level east drift from the stone Is 222 feet:
formation quartz. asssying 81 per ton.
The ofctsl letter from the Alta mine for tire past
week says: During the week we have cleaned out
and repaired 2lS feet of the 1451 level DRIFT This
DRIFT extends north iuto Lady Washington ground,
aud the point now reached shows punches OF good
ore.r
The following Official letters placed on file
yesterdays
WARD CONVERSATION SHAFT-The southwest drift
from the shaft 1900 level rs out 1875 fest ia
mixture of porphyry, clay aud quartz.
UTAH-The west drift from the shaft station $40
level was extended So feet total length 3Sg feet;
face In porphyry formation showing clay sepera-
tions.
oCCIDENTAL-The Wine from west crnsscut In
the south DRIFT $50 level IS down 30 feet; bottom
In pay ore. j he crescent the 400 level started
TO meet the Wine sunk from the 80 level is In 20
north DRIFT 75O level at point 80 feet from the
station Is in - feet; face In low-grade ore. The
drift from the Sutro tunnel has been extended 10
feet; total $40 feet.
Con. NEW YoRN-The raise from No 1 west
crOSseu CSC Level is distance OF II feet: top in
quartz showing punches of fair ore.
shaft A90 level Is o Ut 6l0 feet; face in gypsum aud
DOrphyry.