The morning call., 1892-09-25
THE STOCK MARKET.

The past week was the lveIiest for several years.
and judging from present appearances was but the
beginning OF what has been steadily predicted In
this column for some weeks. For many months
there continual cone eltration OF stock by the
insiders. The public frozen OF its stock at
low figures, ard was unable TO pay the assessments
required TO work the mines. In the meantime
prospecting the min es steadily carried on and
the bodies and prospects were found sufficient
TO create boom when the proper time came This
time seems to have arrived, and If the attendance
at the stock exchanges ard the volume of trading
be any criterion the rise has thus far struck the
popular fancy.
Those brokers who a few weeks ago were
having hard time In making both ends meet
and who vOUed sell their building are now asum-
ing the airs that generally accompany afuence in
creasing their clerical forces and working far into
the night in order to handle their business Many
others who had given up active participation Ia the
exchange, are already looking around for suitable
quarters in which to reopen Offices. In the mines
themselves the outlook Is most encouraging. Cross
cutting Is going on In ore the 800 Level OF Nor
cross. The showing Ia Beleher continues. but no
important change is looked for for several DAYS
yet. However, judging from he way the insiders
took in this particular stock they must feel quite
confident OF the outcome. The drift on Cedar Hll
I'm Sierra Nevada continues TO show punches OF high
grade Gre but not enough has been done to warrant
any great advance ia the STOCK. The 4e0 level OF.
Silver nm continues to Yield good ore and ar.
r4ngements are being made preparatory to starting
up work ia the Alta and Lady Washington, and
there is = brisk demand for the stock
The market opened strong and active yesterday
and prices showed quite an advance over the clos
ing prices Of the previous day. The public seemed
10 be buyers and prices reacted IN consequence
ophlr sold up TO % 80, Mexican 81 so. Curry ST So
Best Belcher SO. Sierra Nevada 81 90, Union
81 05 and Con. Cal. & Va 81 rs. The middle stocks
were quite In demand and showed the most ad-
vance, Savage selling up TO 81, 2l20 shares: Hale
Norcross to SO %, 1870 shares. Bullion sold a: qOc
Chollar 81 so ana Potos 81 So In the south ers
Beicher advanced to 81 80. 1850 shares; Crown
Point 81 95 Confidence So. Overman 81 90 5000
shares; Seq Belcher SOC aud jacket 81 so The
balance Of the list was equally active and steady
After the call there was further advance fn
prices under active sales and BeIcher reached
IS 10, 300 shares, and Norcross 81, 1000 shares
Prices again weakened off, however, under the
heavy sales OF Epstein who had long lists OF every
thing for sale, and values went down with a run.
Heavy sales were recorded In everything and the
market closed very weak.
NOTES
The assessment Silver King is delinquent ia
the board tomorrow
The assessments on Challenge and Belle Isle are
delinquent In Office Tuesday.
Joe Low. the mining operator, returned from the
north yesterday.
Silver remained unchanged yesterday selling at
8314c in New York and 80 Isd In London.
The weekly reports of the Quijotoas show that in
the Crocker the south drift the 800 level has
been advanced to "a feet The face OF drift Is
showing more quartz and not so much OF the block
spar. which has accompanied Ii for some time.
There some fair grade mixed through tn,
quartz, which Is being saved.
In the Peerless the vein continues strong in the
face of the north DRIFT the 800 level, but the
quartz appears TO be considerably shattered and
broken, which makes drilling somewhat difficult
broken quartz
Following Are the Highest Prices During
the Past Week.