The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-05-24
THE STOCK MARKET.

The encouraging news from the mines ola not
have the anticipated effect on prices yesterday anu
they opened at decline over saturday
On Saturdays informal session there was quite
demand for the leading north end STOCKS anu Prices
advanced under lively sales ana dealers went nome
satisfied that the market was going 70 improve uu1
they were sadly disappointed yesterday homer
King ana Fitch had large selling orders ana prices
declined IA consequence. Mr. LSmaHs report OF
the Goa Cal & Va is particularly encouraging
especially that portion relating 10 the workings on
she 1000 level Here they are prospecting upward
from the old sill floor the east side being In ore SIX
feet wide which will average $50 per ton. II this
holds out il Will be an important factor IN future
dealings and will greatly help the company 10 keep
ON the early call trading was confined almost
tlrey the north end stocks, the prices OF which
were evidently weakened for purpose. Cphir sold
at SO TO- $50 shares: Mexican 81 80, Curry 81 50,
Best BE cher 81 as. Sierra Nevada 81 30, Union
81 IS and Con. Cal & Va. 81 50 @ 40 10 sales
Of $50 shares, which came principally from Fitch'
sold Belcher went at 81 O5, New York 5Oc Nor
cross 81 50. Justice 16c, Nevada Queen 81 70,
overm4n 45c, PotOsi 81 10, Savage 81 40 anu
After the call the market rallied little. Trading
was quite active in the nOrtheud STOCKS anu tno9
clo3ed strong and active al an advance at the noun
recess.
On the 2:3O list prices showed no change over
fiued 10 a few STOCKS After the call prices re-
NAMED steady with the exception OF Bullion, which
weakened OF under the prosper ei az assessment
today.
Silver shaded Of few points Yesterday. Certih-
Gates sold at SSc ana bars at 81 sc IN New YORK
and 4UI d in London.
The annual meeting OF the Silver Hi has been
A telegram announcing shipment OF bullion val
ueG at S35 ,OOG from the Nevada Queen was re-
celyed from Tuscarora Yesterday. -.-,., So.
Bulnon valued al $4,000 las been received from
the Cand aria mine or Mexico.
The OyeTman letter for the past week says: kx
tracted from hoo aad 1900 levels SO tons and 1875
pounds OF ore. Car samples average 81 "a per ION
Shipped TO the Vivian mill 226 tons aua 1900
pounds OF ore Battery samples average so 80 per
ton.
The Alta letter fer the past week says: Since last
report the north lateral dritt from No. Whze was
extend ed feet; total length, 50 feet Face Is IN
quartz yielding low assays. Crosscut from No
upralse was advanced Ieet total Is ieet ~ quart
little value No Wine was SuuS feet in
quartz showing spots and punches Of ore. Started
10 DRIFT north ana south from point 80 feet above
the track floor ia upraise ,; north DRIFT ADVANCED
10 feet and south DRIFT Is feet Both Slopes show
about IS inches OF good ore.
The following Official reports were placed on ME
UTAH-5lO Ievei-From the west crosscut at a
point sos feet from the shaft tEe north drift has
been EXTENDED 81 feet total length 10 feet, con.
tinuing in vein porphyry showing some quartz and
WARD SHAFr-The joint Alpha and EIchequer
south drift from the north line or E1cheQucr, lSrO
Level, has been extended during the week 20 feet.
total len gth55 feet; face IN clay and quartz The
joint northwest drift from the 1900 level is out
40 feet since repaired; face IN p5rphyry,
CCCIDE&TAL-Ihe west crOSscut from the south
drift 400 level is in total distance OF no teet,
ana continues IN a favorable formation carry lng
seams OF pay ore. The north and south drifts from
this crossCut have been extended feet during the
week ana snow q Httte pay ore ne norm my
450 level is IN ~ feet; face IN milling ore. south
drift from Crosscut leo feet south from north
line Is III SO feet; 10 changes from last MeeA'
est CTOssCut 100 level Is Ia 40 feet; lace ia low
grade quartz The main north drift Is in 4Sl feet.
The SuIro drift IS In a total distance Of $50 feet.
Coz. NEW YORK-Ibe north DRIFT from No
crOsScUt $50 level is out 23 feet; face Ia Of fair
grade.
SILVER HI1L-The south drift from the Justice
shaft $50 level IS cut 7i5 feet face IN gypsum aud
pOTphyry.