The morning call., 1892-08-23
THE STOCK MARKET.

The market opened weak ana heavy yesterday
and prices declined No news outside OF the usual
weekly reports was placed on file. The report Of
Con. Cal. 4 Va showed a cut In the assays and the
price OF the stock suffered In consequence spe-
cial meeting of the board OF directors OF the Saw
age company was held during the day and In future
the battery and sample assays Will be placed on
nle daily In the company's Office. Sup erintendent
Heating left for the Comstock Sunday evening
with instructions 20 confer with Superintendent
Ryan OF the Hale NorcrOss company as to which
shaft they will work through Jointly In the future
By this means they expect 10 save each company
from $4,000 TO $1,000 monthly. a no small matter in
the present state OF affairs The directors do not
hopeful of succeeding Ia having the rail-
road charges reduced as ID. .. Mills, who owns
ALSO OF the stock in the corporation refuses to
take any action in the matter.
There was very little doing on the early call and
prices heavy. Ophlr sold at So 10. Best &
Becher 81 Is. Curry soc. Sierra Nevada 81, Union
csc aud Con- Cal. A Va. 80 %. In the miGdle
stocks Bullion sold at l5o and Savage 65c The
southenders were steady, with sales in Belcher at
csc. Oyerman 25c aud Jacket SOC.
After the call there little doing account OF
the meeting OF the Company of Associated Stock
brokers which is reported elsewhere.
On the ESQ p. NJ. call Morris, Schmidt and
Epstein were active sellers OF the north-end stocS
ana prices showed a further falling off. Quite a
the Iiyeliest for some time Ophr sold down TO 81,
Mexican 81 10. Sierra Nevada soc, Union 95c and
Con. Cal 4 Va. SO 10, to sales OF SO shares.
The south-end and middle stocks were lower
After the call prices remained unchanged ana the
market closed dull aud heavy.
NOTES.
An assessment OF loo per share has been levied
the Belle Isle.
bullion valued at SIS $50 II has been sent to the
Carson mint from the Con. Cal & Virginia. making
the total TO date on August account So ,649 SO.
Silver was much stronger yesterday, selling up TO
S3J4c in New York and IS j-l6d ia London.
j. Is. Lyman, superintendent OF Con. Cal. & Vir-
ginia ana other mines. is In the city.
Tho delinquent sale OF the Con. New York takes
place to-day.
The Monarch Con. Mining Com pany of Pine Nut
District. New, has levied al assessment Of cents
per share.
The overman letter for the past week says that
bright, lively quartz OF a low grade being cut In
the northwest drift on the 100 level. On the 1900
level the west drift from the northeast crOsscut
from the northwest drift has been extended / 9
feet through quartz assayng from 50 IS TO sl3 10
per ton. The quartz shows spots OF far-grade
Connection has been made between the incline up
raise from the 1900 level and the northwest DRIFT
the 100 level. on the 100 level the north
west drift from the south dTift from the shaft is in
5Sl feet aud is cutting pOrphyTy. clay aud quartz
the quartz sSsayiug from 50 to Sl2 rs per ton. On
the ninth floor Of the 100 stope the northwest
drift Is out II feet IN pOrphyry, and quartz showing
some ore. On the 600 level the west crosscGt from
the south drift is extended 80 feet in n mixture OF
porphyry aud quartz. the latter OeIng OF low grade.
The following official reports were placed on file
yesterday:
UrAH-34O Ievel-From the end of the north
drift (at point 49, feet in) from the west
cut from the SHAFT station crOsscut has been
extended 20 feet total length 1877 feet: continuing
In pOTphyry, clay and quartz OF low assay value.
WARD CONVERSATION SHAFT-The joint Alpha
and kxchequer south drift from the north drift ue
If EXchequer 1900 level OF ward shalt has a total
ieagth OF S9S feet; face in pOrphyry. Tho Joint
bullion and Potosi northwest drift from the 1900
station mas to.al length OF 740 feet; face in hard
porphyFy.
Cos. n Ew YoRK-The excayating for the engine
station al top OF winze $50 level is not yet com
plcted.
SILVER HLL-Are repairing and changing the
grade OF the northwest drift 26O level