The morning call., 1892-07-26
THE STOCK MARKET.

The week opened duh and heavy yesterday ana
prices declined Still further despite favorable re-
ports from the front The best news was the result
OF the meeting or the board OF directors OF the saw
age Company yesterday. Messrs. Woods and Miles
were appointed committee TO carry out the dIrec.
tions expressed in the resolution presented at
the stock holders annual meeting in relation TO the
advsabity OF buying OF leasing mills TO crush the
company's 1t was resolved to instruct the sur
perlntendent to invite bids for the crushing of ore
pending other arrangements.
George r. Wells and Mr.. Miles were Also an
pointed a committee TO visit the mine to examine
and report upon its workings and all other matters
OF interest. This is move In the right direction
and as these visits are to be made every three
months they VIII serve to correct many little abuses
that are part and parcel or mine management on
the Comstock, and other boards of directors would
do well In following tle example set by the Savage
Company
on the early call prices were lower than at the
close OF Saturday and the market had very top
heavy appearance Belcher sold at 81 Is. Choar
soc and Con Cal. Il Va SO 90. with the sale of but
10 shares Curry sold at 81. Mexican 81 90. ophir
81 90, oVermsn 40c, Potosl soc, Savage 81 O5,
Sierra Nevada 81 10 and Onion S5c
After the call prices declined still further under
Light sales and ophir sold down to 81 40, the
ket closing dull and heavy at the noon recess.
on the ESQ p N. call trading was better but
at 80 90 (65O shares), Ophir 81 SO and BeIcher
81 10. The close was heavy.
NOTES.
Silver was steady yesterday, selling In New York
at &C and IN London at S912d.
stephen Roberts, the mining operator. has
The annual meeting of the Navajo has bean cailed
for the 9Th OF August.
Ihe annual meeting OF the German Savings and
Loan Bank mas been called for August y
The wyoming mine OF Grass Valley has let a con-
tract for the further sinking OF the shaft This
property seems 10 be improving as depth is al.
tanned, and bids fair TO take a hgh place i'm the
mines OF that district
Bullion valued at SI5.l94 9S has been sent to the
larson mint from the Con- Cal. Va making the
total 70 date on July account S44, ,023 l6.
A telegram announcing shipment OF bullion
valued at $4,000 has been received from the
Union mAl. The mill is running nicely at present
but VIII close down on the LIST OF august.
The annual meeting OF the Julia has been called
for August 10
Tho OyernaR letter for the past week saws that
ZlS tons aEd 1870 pounds OF was extracted
from the 400 ana 1900 levels. Car SAMPLES Of the
ore averaged $25 o. per ton: shipped 10 the Vivian
mill 39S tons and 1890 pounds ore: battery sam
pies averaged Sl6 so per The quartz in drifts
on the HOO 1900 and 1900 levels show some good
ore In spots selected samples Of which assay from
81 90 to 1883 per ton.
the following official reports were placed on file
yesterday:
WARD CONVERSATION SHAFT-The toint Alnha
ana Ercbequer DRIFT from the north line of
EUchequer. 1900 level OF Ward shaft mas total
length of 2S7 feet; face In clay aud porphvr, The
joint Bullion and Potosi northwest DRIFT from the
1900 level has total length OF $50 feet; face in
hard pOrphyry
Coz. NEW YoRK-The winze in No 4 west cross.
cut $50 level is down the slope feet; the bot
tom shows halt foot OF fAr-grade ore. The west
croscut $40 level is in 43 feet; face in owg grade
quartz
SILVER HuL-The raise in the south drift sOe
feet from the Justice shaft 490 level is up ~ feet
top n quartz aud porphyry.
OTAH-S4O leYel-trOm the end OF the north
drit (at point 432 feet iu) from the west crosscut
started aud advanced as feet IN porphyry and
clay formation.