The morning call., 1892-05-12
THE STOCK MARKET.

The market opened dull and heavy yesterday and
prices declined on the early call No news OF any
Importance was received from the front, though
Tuesdays Enterprise reports an improvement on
the 1900 level OF Con Cal. 4 Virginia. near the
Ophir line. but Verifcation Of the report was TO
be had In :his city.
On the early call prices shaded of under lively
sales ana $50 shares Of Ophir changed hands a.
81 S09B2 IS. with Schmidt ard Coffin selling Mex =
lean was heavy az 81 80 with Schmidt selling. and
1850 shares changed hands. Curry SO 1 at 81 80
Best & Belcher 81 %, Sierra Nevada 81 80. Union
81 -, and Con. Cal q Virginia % 95@4, 10 sales
The middle stocks were well sustained, and Bull
lion sold at 81 20 ChOllar eUc NorcrOss 81 40 Pc
tOsi 81 20. and Savage 81 80
The southendeTs were inactive A Few shares OF
Alta sold at zoe Becher 81 20, Challenge 55e,
OVerman soc. and Yellow JACKET soc. \ o change
OF any Importance was 10 De seen IL the balance OF
After the cali there was quite an advance under
active sales Crowa Point aud Beleher especially
fal ling in for goOd-sized rally Ophir sold up TO
shares; Crown Point 81 IS. 1850 shares; Beicher
70 81 80. $50 shares. and Con. Cal & VirgiCia 10
active al the noon recess
ON the 2:3O P N cali there was further advance
and Ophir sold up to 50 / 5 and Goa. Cal a Va. to
81 IS, with Morrow an active seller After the call
prices weakened Oh again under Light sales.
NOTES
Silver weakened of still further yesterday GER
Jihcates sell ng at S71sc and bars at SIC IN \ ew
York and 80 ll-l6d In London.
AT the delinquent sale Of the Bullion Mining Com
The Golden Gate Building Association has levied
an assessment OF 81 per share.
Archie Mcdonnell the mining superintendent,
arrived In this city yesterday.
Inc tonoWlng dividends viii be paid on the 18th:
Oakland G%sllght and Heat Company. zoe; the san
Francisco Gas Light Company soc: the Omnibus
Cable Company, 40c: the Atlantic Dynamite Com
pany, 4Oc; the California Powder Company 81
place to-day.
Al the annual meeting OF the stockholders OF the
Commonwealth Mining COMPANY YESTERDAY 80 100
shares were represented and the following officers
elected for the ensuing year: Thomas Bell pres1-
dent: F. c. Lyman. vfce-president and r 4 Ber-
lin, q. W. Grayson and Thomas Pheby directors
r. Il. Grayson was reelected secretary and r. F.
Coffin superintendent
The supcrintendent's annual report IS as follows.
First level - As tons OF first class ore assay
al9G % per ton, and 200 tons OF Secand-eIass ore
were extracted: seeond-ciass yielding IA tons Of
concentrates, assay value 1913 10 per ton, all Of
which was reduced at Union mill. Second level
North drift from chute from east crOsseut was
run IN the vein distance Of 80 feet following
small seam OF ore: nothing OF value was found
Third ieYei-Sonth DRIFT run lS0 feet TO Neyada
Queen and Joint raise put up l05 to the second
level south drift from east cFOsscut exposing
SOmesore. VIII start developing this ore as soon
as Neveda Queen workings reach second level as
then we have an outlet through their chute
Fourth leY6i-East crOsscut was run further dis.
lance OF feet and raise put through TO the surface
22S fset 80 feet below the surface passed through
small vein OF gold ore, when was followed ais
lance Of 70 feet and abandoned, being OF no value.
North drtft from east crOsScut extended lS3 feet in
the vein eneOuutering several punches OF hi2b
0TaJe ore, but nothing continuous. FrOmth.s drift
No ! raise started 70 follow on ana put up 80
feet, the ore pincbihg out No raise; % feet iur
No / wtnze was sunk 30 feet; water came 10 50
strong rad to suspend work. South DRIFT extended
$50 feet 10 Nevada Queen line; rom TINS driIs = Q.
west crOsscut was down 81 Feet TO the hanglhe
wall Only small seams OF ore were encountered
from the end Of east cr0sscut No. Wine wa.
SINK 80 feet 70 the iootWail ana CfOsScut Iuh D
Ter L. the hanging wall All OF tbs openings gave
assay OF So 40 10 S33 per ton. west from lace o.
eat crosscut 80 feet No. 3 raise was extended u