The morning call., 1892-08-13
THE STOCK MARKET,


Outside OF little strength in the Con Cal Va
and Best & Belcher yesterday the market was weak
and prices lower. Considerable cross ordering was
carried on In Savage and one two others and
consequently these stocks were made to look de-
cdedy sick. IL stands to reason that the public are
neither selling buying the quantities of stock
that are changing hands and the insiders are not
over fond OF paying assessments, there is but one
conclusion to arrive at and that is that they want
the stock, and it Is only matter OF time when
prices are bound to rally. The Joint Sayage and
Curry drift the Sutro tunnel level Is In good
looking ground. and they are all ready to crosscut
when ordered and, as there is large area of new
ground here, the possibilities very encouraging
On the early call yesterday the market was a
trife heavy under active sales by Walls and Ophir
sold at 81 so, Mexican 81 80. Best Belcher 81 40
Sierra Nevada 81 Is, Union S5c and Con Cal & Va
% 30 to the sale OF 400 shares In the middle
stocks Bullion sold at 25c, Norcross Soc Potos SOC
and Savage S5c. The southenders were fairly ac.
tive with sales In Beicher at &c. Crown Point SOC
Seq. Beicher zoe aud Jacket SOC. The balance OF
the list remained steady but inactive
After the call the market shaded off. Savage de-
ened to zoe under the sale OF 20 shares OF this
amount Paxton was the principal seller. The bal
anee OF the list was eorrespondingy low and closed
weak and heavy at the noon recess.
On the 80 NJ. call trading was less active oniv
300 shares Of Il different stocks changing hands
AZ no important change in prices. After the cali
there was little doing that the session OF the big
board ended at O'Clock.
NOTES.
The Contra Costa Water Company has declared a
The Homestake Mining Company win pay diyi-
dend OF loo per share on the 25Ih.
The Californiastreet Cable Company has declared
monthly dividend OF soc per share. pay fable Au-
gust Is.
rhe Central Gaslight Company will paw a quar-
terry dividend of 81 per share on August Is.
The directors Of the Nevada County Miners Asso-
citation have elected Fred Seares TO I'LL the vacancy
in the board caused by the death of George g.
Allan.
Silver continued on the downward grade yester
day, selling down 10 S21a cents In New York and
1885 ia london
The CandeiSria Belt says Negotiations are now
IN progress for the consolidation OF the various
borax companies in Western Neyads, together with
the works at Daggett, Cal. and the properties in
the state OF Washington. The interests to be
brought together reDr esent capital OF g. 900 600
and u Is probable that the combine is Ell
Iected the price OF borax viii be put a a figure
tiat VIII Justify the resumption or opera lions at
the marshes that now Idle In this county which
Will benefit this section nightly.
ON Monday last the Ophir mill a. the foot OF Gold
tanyon. near Dayton. closed down permanently
The mill has been running steadily for the past l5
years. whenever sufficient wster-power Ia the Car
sou River wss available to operate It. The material
worked was tallngs from the Consolidated Virginia
ana california. The ore pulp fiumed there
while portion OF the ore from the bonanza dis
covered in those mines was being crushed the mill
handled 100 tons of taiIinEs in "a hours The
bullion product during the entire run OF the III is
sald To have Melted D. w MacKay & Co 81. 900 600
The Standard Con. mine of Bodie il TO be run by
water power snd electric plant. which Will greatly
reduce the expenses OF operating the mine.
Assessments Pending.
The following list OF assessments noyv nentfns.