The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-09-01
THE STOCK MARKET.

The cutting OF gold bearing quartz in the Kenosha
tunnel caused wild scramble for sierra Nevada
yesterday. What the find Will amount to remains
TO be SEEM AT any rate, the shares were largely
taken in by the insiders. and the price was ad.
vanced to higher figure than at any time W thin
many months. No further news outside OF the
usual weekly reports was received; but the market
is now in q healthy and growing condition, and
prices Will undoubtedly DO better, with the usual
setbacks.
The market opened quite strong and active on
the $50 NJ. call. but prices did not show any
particular change. ophir sold at 81 As, Mexican
Nevada 81 So, Union 81 70, and Con. Cal d Yr-
ginia 50 40. The middle stocks were steady an d
fairly active, Bullion selling at 26c, Norcross 81 10,
Chollsr soc. Potosi 60c and savage 90c.
The south-ead stocks were active but heavy.
Bcleber selling at 81 20, Crown Point 65c over.
msn 40c, seq. Belcher soc and JACKET 65c
The balance OF the list active and steady,
with very little doing In any OF the outsiders
After the call prices hung fire for time; then ad-
yanced under the leadership of Sierra Nevada and
Union. Many hundreds OF shares changed hands,
and the market h al more steam than for Ion q
time. Cope, CONN and Epstein were heavy buyers
OF Sierra Nevada, and the price was advanced to
81 50 under sales OF 1900 shares. Union sold up to
81 SO under sales OF 1900 shares. Con- Cal & Va
8 20 to So 45 1900 shares, and the balance OF the
last and prices shaded off little and closed heavy
at the noon recess :
ON the 2:30 p. NJ. call trading continued very
lively but prices were lower and the market had a
heavy appearance. but 1t braced up again after the
call and closed strong and healthy.
Silver point better yesterday, selling at
S31sc In New York aud 3S1sd in London.
Tho annual meeting oil the Mono has been calico
for September 10.
The Pacific Coast Borax Company has declared
the usual div dend OF 81 per share. payable on
the 10th.
The assessment on Silver Hill is delinquent In the
board tomorrow.
A lot Of four tons of from st. LOUIS district
EsmeFaIda County, Nevada, which was worked al
the Mount Dablo mill last week, gave the follow
ing results: first-cass ore, 1888 $40 ounces
silver; second-elass ore 659 lilo ounces silver to
the ton.
The Mount DIablo mine continues TO he actively
worked ana Is yielding ore asssying from $50 to
$50 per ton. The company's mill Is doing good
work ard Is crushing large amount of ore.
Dayton Times The Washoe mill In Gold Canyon
will probably start up from the New York
aud Justice mines between the LIST and 10th OF next
month.
The weekly report or the Savage Is as follows
The repairs to tho Nevada Mill and Water Com
pany's fiume completed Monday, and the
mill resumed crushing On the 25th inst. wi
shipped 10 the Carson mint pounds OF bullion
The urraise from the $50 ore slopes has been car
ried up TO within 40 feet OF tho $50 level, Will
which IL will connect; the top Is In quartz carrying
feir-grade On the 100 level the wiuze in the
south drift the Slopes is down AZ feet. No
men were working on ore i'll the mine from the us