The morning call., 1892-09-15
THE STOCK MARKET.

The feature OF yesterdays market the sharp
advance in Sierra Nevada and Becher. under the
active pur of Epstein and Van wyck Last
Monday the ore found on the wlnZe below the 800
| level Of Beicher encountered in the upralse
from the 400 level, but the force OF water so
strong that they compelled TO wait few DAYS
to allow 1t to drain off. At present the ledge lies
quite fat but the ore Is OF very good grade. so
| good in fact, that the insiders active pur-
chasers OF the stock. AS soon as the water drains
| off the development OF the ledge Will be pushed
ahead as rapidly possible The face OF the Steel
drift on Cedar Hill continues In good ore and did
not show any change yesterday.
The market was strong and active on the early
call Belcher and Sierra Nevada the favorites
the former selling up TO 81 SO, under sales of 1850
| shares, and the latter to So 1850 shares Ophir
| Best q Beicher 81 35. Union 81 40. and Con Cal.
Virginia SO 20. 400 shares. Crown Point sold at
zoe. Cholar 6oc Norsross 81 90. Potosi Soc. over
After the call trading continued very active.
Prices were well sustained aud there an ad-
vance in Hale q Norcross. which in demand at
81 65 aud the market closed strong.
On the 1880 +. NJ. call prices were &c lower, with
| active trading and stock comparatively scarce.
After the call prices shaded of q few cents and
the market closed steady.
Silver was slightly lower yesterday being quoted
| In New York at s3ssc and In London at 3S14d.
The assessments on Hale Il Norcross aud Conf
| dence delinquent In office to-day
The annual meeting Of Mono and special meet
ing OF the hawaiian Commercial Company Will take
place to-day.
The Champion Mining Company OF Nevada
| County has declared dividend OF 1Oc per share
4 fine ledge of gold d.bearing quartz has been en-.
| countered la the shaft OF the wyoming mine at
| Grass Valley.
At a special meeting OF the ,Company of Asso-
ciated Stock Brokers yesterday attempt was made
to railroad through resolution to rescind the mo-
tion sell the building for s460.O00. passed few
weeks ago. The minority, however, checkmated
the plan by Withdrawing from the meeting, and
left the ajority without a quorum aud compelled
| them TO adjourn without doing anything.
The State Investment and Insurance Company
has declared dividend OF 5O cents per share. pays
| bic imm ediztely.
During the month of August r nreka aud Pal,
isade Railroad Company receiv- shipment TO
Salt Lake City and other points I'D tons OF ore
from the following mines: Eureka Dstrict-From
the Diamond mine, SAL tons; Eureka Con-, 4al
tons; Jackson rs tous; Alexandria. Is tons; Ham
burg, 29 tons; Builwhacker, 29 tons; Silver Con.
nor, ~ tons; Dunderburg, 10 tons; Phenix, 10
tons: Williamsburg, l5 tons; kiatamoras, lS tons,
and Lord Byron, 10 tons Total from Eureka Dis
trict l74l ions White Pine DistrIct-From Tom
Cornell, 81 tons; Rock Kragnazo rs tons; Paul,
Ross & Co. "a tons; Ross Slri, 70 tons and j. d.
Matthewson, IL tons Total from White Pine DIS
trct, 237 tons. From ii. A. Cohen, Morey, Nye
The product OF the Ontario mine for the first
eight months OF 1892 amounted to 526,544 70
ounces OF silver. s326,47l so was received
from ore sales The usual dividend was paid at the
close of each month, of so cents per share or
SIS 900 monthly, being $500 600 for 692 thus far
The dividend paid August 81 was dividend 1876,
ana IL brought the total amount OF dividends to
date up TO the huge amount OF $l3.U25,000
The output Of the Daiy miae for the first eight
$96. 1852 Al, bullion amounting 10 3l7.5O3
ounces and ore valued az S2ll,5l7 Al. The Daily
paid It's regular dividend at the close OF each month";
25 cents per share, s37.500 monthly, or s300.000
for the eight months. The August dividend was
No 56. and brought the total OF DAILY dividends
PAID up TO S2,5l2 500.
The weekly reports OF the Bodies show that In
the Bodie east crosscut 700 level was extended
d feet: east crosscut $50 level extended / /
feet; upraiSe above 400 level was extended Z
feet, there Is a OF rich ore In tails upraiSe ;
uprzise above 500 level was extended 10 feet.
MoNo-West crosscut 700-iOot level was ex-
tended feet. south drift from upraiSe from
above level was eGS nded 10 feet. The seam Ia
this DRIFT is from TO inches wide. Are cleaning
out aud timberiDg the main south DRIFT 56Ofoot
Level
sUMMIT-we are stopping oIt ore north and south
from No. upraise. south drilt 20O-foot level The
above upTaise was extended feet.
BULwER-Extracted 1924 tons OF ore from the
slopes. Crushed u tons ore IN the mii; aver
age battery sample S24, tailiugs 81 7S.
The weekly report OF the Savage shows that dur
the % hoo, l4O0 aud 1850 leyeiA Shipped to
the he mili 525 tons, aud mllled SO tons:
average sample assay S26 81, average battery
assay S23 80. Bullion yield for the week ASSES 80.
On the $50 level the wnZe in the main south DRIFT
Is down 20 feet. Bottom Ia quartz, giving low
assays The winze from tie ll00 level was con
uecIed with the l200foot level during the week.
This connection improves the ventilation and en-
ables us TO prospect below the 400 level We are
doing the usual prospecting aud repairs throughout
the mine. The repairs 70 the Sutro tunnel are
finished, aud WORK was resumed on Monday in the
joint north drift with the Gould Curry Company.