The morning call., 1892-03-23
THE STOCK MARKET.

The market was steady and fairly active yester-
day, but did not show the lte hoped for News
from the mines encouraging, the latest reports
from the Con. Cal Va. being particularly favor
able. At the present writing the top OF the seventh
set Ia the raise on the 500 level is feet wide and
the ore now being stopped from this level averages
$40 per ton. The Wine being sunk below the 1900
level has reached depth of feet and is in ore
averaging SIS per ton beng an Increase OF 50 per
ton since the Wine was started. The Slopes from
this level yielding ore at present averaging
$25 per ton.
In the Gold HIN mines II is expected that connec-
tion Will be made during the week with the 1900
level As soon as this connection Is made steam
will suppant compressed air in operating the pumps
aud tie expense of draining these mines will be
thereby greatly lessened The Official report of the
pumping operations in the Crown Point incline for
the week ended March 10. 1892, says: "Tho 100
level station pumps LA We been working ontinuousy
during the week. The flow OF water is somewhat
reduced. but keeps both station pumps running
steadily. The 100 souti drift is now out go feet
from the station. The face OF the drift Is In very
hard ground and we are now putting pipe for
compressed air 10 run machine drills. which Will
expedite the work of making connection with the
aiT-Shalt ilcline."
ON the early call prices were steady The middle
stocks were fairly active over favorable news the
effect that the southwest drift from the Ward shaft
on the $500 level is out 1880 feet ana is in Blu lion
ground. Recently ou1rtz formation was encoun-
tered in the bottom OF the drift, which gives Iow
assays As II DOES not reach up into the drift It is
believed that the material thus encountered is the
interesting o
watch what II Will lead 10 When winze is sunk
upon IT
Potosi 81 80 and Savage 81 %. In the north end,
Ophr steady at 81 80, Mexican 81, Curry 81 so
Best a Belcher ~ 35 and Con. Cal. Va. s.. with
sales OF but SO shares. In the Gold Hill stocks Al Ia
sold at soc, Heicher o. %, Challenge s5c. Crown
Point S5c, overman 81 and Jacket 81 Is.
After the call business picked up and considerable
stock changed hands at an advance and the market
ON the $50 p NJ call Marks bought Con. Ca
We at 50 a and this was the ONLY stock 10 show any
change. 81 After the call business dun and no
change OF importance was 10 be seen at the close.
NOTES.
The Kentuek Mining Company has levied an
assessment OF 10 cents per share.
During the past week the North Belle Isle hoisted
% cars OF secondciass ore of an estimated assay OF
Pat Krwin, the mining expert. arrived in this
Silver weakened of still further yesterday and
being nominal al S9G 80 &C and bars Ss7sc In New
York and 4Os4 i in London.
The weekly reports of the Tuscar0raS
NAvAJo-south drits $50 level extended . feet
Have started Wine below the $50 level
BELLE IsLE-EAst crosscGt $50 level extended
feet West croSscut same level extended - feet
NORM BKLLE IsLE-west crosscut south 400
foot level. extended le feet. North intermediate
ABOVE the south 5OO-toot level extended IL feet;
80 loot IeyeI extended "a feet shwin, sooe
NEVADA QrEEN-second level-No 3 raise from
No. south driit extended IL feet 10 hanging wal,
cutting another seam of ore. next TO the hanging
assays $50 per ton. No. south drift extended Is
feet. NJ" east crosscut started to connect with
No. south DRIFT; no Stopping Will be done from THIS
lever untii the connect on is male. Tn rd eyel-N0
raise extended 10 feet. showing good ore. Slopes
from No. raise are being extended both and
west, looking we'll Elghty-eight cars of secoLd
ass ore average assay $40 per ton, and tons
first class. average 1885 per I n.
DEL MoNTE-SecOnd ieveI-Stopes produced s
Of ore Have started raise east from the No.
sise. Third level-No raise has been put mp -
feet: viii cut the vein this week shipped "a tons
Of ore to samping works, average assay S275 per
ton.
NORTH EALrH-Second level-Stopes
have produced - ears of ore. assay value $50 per
ton and tons assay value $500 per ton.