The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-12
THE STOCK MARKET.

The market opened lively yesterday but prices
showed a sharp decline over the closing prices of
Saturday. The only news received during the day
was contained in the usual weekly letters but as
these were or the regular stereotyped form they
cut figure in the market.
On the early call or the Pacific Board Goldman
had large selling order on Belcher and the stock
suffered in consequence selling down to 81 05, I'M
der active sales. Prices OF all the other south
enders were cOTrespondingly weak. On the early
call OF the big board, the actions of Marks in
Becher caused considerable comment. After fore
ing and offer ing the stock down to 81 05, he sud
deHy turned about and forced the stock up 81 %
again, and 1000 shares were placed on record, OF
which Epstein the principal seller Crown
Point sold at 81 4G@l.45 TO sales of 1925 shares,
Kentuck zoe, Seq. Belcher 65c, Jacket 81 20 and
Con. New York soc, 5000 shares.
In the nOrihenders Ophir sold at 50 10 Mexican
81 80, Curry 81 %. Best Il Belcher 81 20 Sierra
Nevada 81 90, Union 81 So and Con. Cal Il Va.
SO IS.
OF the middle stocks Bullion sold at ST. so
Chollar csc Noreross Csc, Potosi 81 rs aud Savage
81 40. After the call trading continued lively, no
less than 1850 shares OF BeiCher selling at 81 70
a. l5 On The 80 call prices showed no particu-
lar change Trading CO ntinued fairly active, the
souJh-ead stocks being the favorites. After the
call prices remained steady but trading was light
and there was no particular variation at the close
NOTES.
Silver was weak and heavy at 93I4c in New York
yesterday
An assessment of 25e per share has been levied
on the Occidental
At the annual election OF officers OF the Pacific
Stock Exchange yesterday, r. g. Horn was elected
President; stephen Otis, Nice-President; Max
Goldman Treasurer; John BOurn, Caller, and Paul
MorOney Jr. Secretary.
The annual meeting of the Silver King Mining
Company tJkeS place to-day
The third semianuual dividend OF 3s4 per cent
by the California Guarantee Investment Company
VIII be paid on the 10th.
Wells, Fargo a Co.'S Bank VIII pay a haIf-yearly
dividend OF per cent on the 10TH
The California safe Deposit and Trust Company
has declared dividend OF u 80 per share, payable
on the 18TH.
city VIII pay dividend Of per cent for the last SIX
months or 1891.
Firemans Fund Insurance will pay a dividend OF
50 to-day and san Francisco Gaslght one of 35c on
the l6th
AT the annual election Of the San Francisco stock
Exchange yesterday A. F. Coffin elected Presl-
dent; William Edwards, Nice-PTes ent: f. w.
Hadey, secretary; george T. Marye, Treasurer,
The following official letters were placed on file
yesterday:
SILVER HIL1-During the week have repared
100 feet OF the drift from the Justice shalt
400 level. This drift reaches nearly TO the north
WARD CoMBINATIoN SHAFT-west drift from
the shaft 500 level has been advanced total IS
phyry. The southwest drlft 1900 level is cut
from the shaft gao feet; face in porphyry.
Coz. NEW AoRK-The west crosscut. No. 3, 600
level is out Al feet; face shows feet OF quartz
The west crosScut No. 1, 20 feet north Of shaft.
same level is out 70 feet the last feet of quartz
shows punches OF falr-g grade quartz.
UTAH-75O level-At point 90 feet south from
the Wine station, west crOSscut l has been ad-
vauced total length OF lSS feet; in pOrphyry and
west country formation A north drift has been
started an advanced feet from pOiat lao feet
west OF the shaft station.
OccIDENrAL-1he drift started north from west
CTOSScut IN south drift $50 level has been ex
tended ieet IN fair2rade ore The Wine from
north drift 30 level is down to the 400 level and
cut has been started from :he main north drift
TO connect with bottom or Wine. No wiDZe, $50
level, is down 81 feet aud continues I'm lOw-grdde
ore. North dri;t 75O level Is IA 1913 feet; face in
quartz giving low assays. South drit $50 level is
IN s. IS IceL ana continues IN iON-ErAuB quartz.