The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-02-19
THE STOCK MARKET.

The market continued very duh yesterday and
prices generally showed decline, the only exeep-
tion being Hale q Norcross, which was steady at
81 1902 20. No news Of any importance was re-
ceived from the mines and the prospect Of a long
IIse OF assessments within few days does not
serve to inspire confidence We're IL not for the
little excitement afforded by the contest in the
NOrcToss election things would be very dull around
the Stock Exchange. long and wel-attended
star-chamber meeti~g of the combine was held at
the Offices of Cope n English yesterday, and it is
said that the combine is very confident that IT Will
elect the majority OF the Directors. 1t is also
rumOred that they have even gone so far as TO
select the necessary officers TO conduct the affairs
Of the CO. operation, and II is pretty generally be-
lieVed that Mr.. Warren English Aaron Doud viii
write the Presidents signature on stock issued
after March g. aud that A. o. Gurnett Will fill the
YicePresidents chair; but as there is consider
able time elapse before election dav these plans
may be subjected to several changes.
ON the 9 80 a. AZ. call bur few stocks traded
10. Prices were heavy, and looked II they might
go 10 pieces az any moment. Con. Cal 4 a was
was freely offered at 80, and 500 shares changed
hahdS ~ luis ny NOrcrosS was steady al a. ~
and 300 shares OF that stock were placed record.
The baiance of the list was very duly.
After the call prices in most instances showed a
81 20 to 81 10, under sales OF 1900 shares aud the
market closed dun and heavy at the noon recess.
On tire 2 30 p. NJ call Con. Cal Il Va sold down TO
81 80. NOrcross, however, continued steady and
advanced 20 81 %, and about 14O0 shares changed
hands. with Shlnn buying. After the call prices
shaded off stiI further Con. Cal & Va selling
down TO 81 70, with Walls selling, and the market
closed dul! and heavy.
Silver was fairly strong at Gle 10 New York yester-
day.
4 telegram announcing that the sampliup works
at IuScarora would be In working orc der yesterday
has been received.
The Found Treasure assessment falls delinquent
IN The board to-day.
The following Olleia letters were paced on file
yesterday;
SEC BELCHER-The south drift from the east
crosseut ON the 100 level has been advanced 10
during the past week, and Is now out a total
distance of 40 feet. The face is in porphyry with
streaks OF quartz running through IL, OF which
yields fair assays
KESrUCK CoN.-The south drift from the bottom
OF the north winZe the 1000 Level mas been al.
vanced feet The face IS in lOwgrade quartz.
with spots OF ore through IL. The east crOsscut
from the north lateral drift the 500 level IS out
lU7 feet The face is in pOrphyTy and lOw-grade
quartz. Have been timberinR and repairing
throughout the mine where necessary during por-
tiOn OF the past week.
BELCHER-rhe north drift from the bottom Of
the raise ON the 500 level is out % feet. The face
IS in quartz. Are saving from - 10 Is carloads OF
per day from Slopes between the 200 and 800
levels The raise from the sixth floor stOpe the
1900 level is up % feet Are taking from here 10
TO 20 carloads OF ore per day some Of which IS OF
very good grade.
JUsTIcE-The west drift on the 400 level is out
$50 feet The face is in hard rock. The north raise
on the s22 level is up % feet. The top is in fair
CROWS PoINT-The raise from the south drift
from O. east crosscut 800 foot level Is up II feet.
The top is all in quartz OF low grade. The south
drift from the crosSCut the 600 level is out
50 feet The lace is In p1rphyry.
Coz. IMPERIAL-Ne are taking ont some ore from
OLD filings and small streaks found ia the upper
levels OF the N he.
CHALLENCE Cos. AND CONFERENCE.-The Joint
Confidence and Challenge west crosscut from the
north drift on the 200 level cut 20 feet The
face shows porphyry. The JOINT east crosscut from
the north DRIFT the 300 level is out 40 feet The
face shows quartz having value. We are stlIl
finding some streaks ana punches OF fair ore, which
Is saved and shipped to the Brunswick mill mines
for reduction.