The morning call., 1892-09-02
THE STOCK MARKET.

1
a week Trading was fairly active atiower prices out
at the same time the marx looked healthy. These
| reactions are part the business, and While no
news of any great Importance was received from
the front the outlookis very hopeiu. speaking OF
the situation at the miaes the virginia
| contains the following:
/ s,The extraction OF pay ore from the various
levels OF the Virginia mtne Ia greater or lesser
uantitcs is going a,oGg all the time. and the hp'
ea!ance OF al Of The workings IS favorable al pres
emit. ore is being taken from ali levels between and
inclusive OF the 1900 and 1900 levels. In prospect
Ing upward from the OLD sill moor Of the oia Slopes
| on. the 1000 lever; of fair quality is being
| encountered. snd the showing Is good The work
| ings from the bottom or tie Wine from the 1870
| level are In. a quartz formation from which some
good Is being obtsiAed. A south drift from an
east crossCut from the bottom OF This Wine is out
2 feet. There is orebe aring quartz In tho face
OF this DRIFT, and there is chance for develop
ment here the DRIFT advances
1.-The workings from the bottom OF the Ophir and
/ Mexican joint wnZe l465 level are IN porpnyry
zone hundred ana i've tons OF Gould & Curry ore
have been mill ed at the Occidental MILL. The ore
averaged SIS e5 per ION, battery assay This IS
tde first milled by the Gould Curry for long
time.
III the Haze i NorcroSs mine The south drift from
the main incline on the 1900 level winch IS run
Mug east aud parallel TO the ledge, has cut into,
StreakS and buncaes Of lOw-Rrade quartz, which in-
dictate widening cut OF the ledge, aao arouse the
hope that Grosscuts are run to the west some
thing of greater Yatue VIII be found he race OF
/ the north drift is about lao feet from the north
l6e. The north DRIFT, 1t will be seen, has quite
way 10 traverse in Hale a NorcroSs ground, and
when cTossouttlng is beSua there wtli be big
block OF ground TO develop. The quartz already
encountered Indicates that there is something TO
the westward. and prospecting in that direction
will be watched with nterest"
Prices trihe heavy st the early call and
trad Hg-Was light Uphir selling at 81 80, Mexican
81 3d. Carry 81 05. Best & Belcher 81 40, Sierra
Nevada 81 5uG1 55, HOO shares. Union 81 80 and
Con- Cal anu Va IS So In the middle stocks ; or
showed the greatest activity, selling at 81 10
sales OF 1880 shares principally By Walls. bullion
sold al 25c, Choar 55c Potosl soc and Savage Soc.
or the southeud stocks beleher sold at 81 20,
Crown POiut 65c, 0YeTman SOC and Jack CSC.
= On the $50 P. NJ cal trading was dull la com
psrlson vita the other calls OF the week, and the
market closed steady but inactive.
g.. NOTES. So. =
Silver was steady yesterday, selling st 1880 In
New YORK and SsIsd in London
A special meeting Of the Hawaiian Commercial
Company has been called Ter September Is.
/ The Spring Valley Water. Company has declared
dividend of SO crnis p.r share paiabe on tie 9TH
The Pacific ias- Improvement Company Will pay
Its usual dividend OF 80 cents on rae l0th.
The Anglo-t alfOTnlan Bank limited Viii pay
sem i-annuIl dividend OF 81 20 per share and the
London, Paris and American Bank Limited. Of
IS ID per share during the present mouth:
Eagle mine at Forest Hill Divide have returned TO
the city from the mine. wherethey have been In.
spectmg tie recent improvements The face of the.
drifts now over 80 fest Ia on the river channel,
is steadily improving and gives prom tse of being
one Of the best gravel deposits On the DIVIDE. The
mill is steadily Al worA and clean up Of torlyslx
ounces was sent tQ.the city during the week AZ
raDEemeEts for 4 complete electric system 10 De
'usedih warSing and lighting tue mine are ABOUT 10
be entered into andIf the gravel continues 70 hold
ouELle mine NliEs heFtly De pay lug u4flqS-uss
In the seq. Belcber the last crOsscuJ from the
south lateral drift on the 1850 level has been ad-
VancCd - feet. and. is now out tots distance OF
432 feet The face Is in porpIyryr with streaks OF
low grade quartz running thr ugh 1t.
In the Justice mine they are stoping In streak
OF ore il the west wall o; the vein ar n north end
Of the mine. on the S22 level, which is gig feet
wide and win Mill S25 per ton They are also
stopping put: ore from he south winze from o.
cr0Sseut on he go fevef The strea Is feet wide
and viii mill from SO TO $50 Per ton
In the kentUc6 Consolidated mine the raise from
the loo eyel has been contiuued for distance Of
10 feet since las report and the Top is in porphyry
with streaks of lOW-grads quartz through II. The
Slopes above the eastcroSseut on thtseyel present
nO'change OF Importance FOR the week. r-s
The weekly reports e{ the Bodies are. as follows:
MONO-Inraise from No l. cr0sscut. 100
Level was extended ~ feet. There IS so4Be very
good quArtZ IN this ppra1se, but SmalE West cross
cut 90 level was extended feet. East cTOSScut
3 same level was extended feet.
BoDIE-East croSsetJ 700 level was exteaded
feet. Upraise ! above The 4O0leyel was extended
feet. Upraise from same Level was extended
10 feet =
-sUMMtr-we hoiated TO the surface % tons of
ore from tie lUO and 200 levels 9 he ledge on
the 200 level is from II IL 10 inches vide Of mill
Ing ore.