The morning call., 1892-08-03
THE STOCK MARKET.

The market continued dun and heavy yesterday,
and prices declined sti further. The only news
received during the day was from the Zalig drft
In the st. Johns grouGd, which belongs TO the occl-
dental Consolidated. The face OF the drift is run
ming south the Sutro tunnel. and is said to be
cutting into favorable material The Choliar,
Potosi and NoTcress companies have refused TO
join in with the Savage Company IN purchasing
mill. SO the Savage Company viii have to go ahead
aud ask fnr bids for crashing IFS ore which viii
give N. H. Fox ct al. opportunity for more cheap
thunder.
c the early cali yesterday trading contin ued
dun. and OF the few sales made ophir sold at
81 o5Q3 5. Mexican 81 s., Curry Soc Union zoe.
and Con, Cal & Va, 50 2093 25.
In the middle STOCKS Bullion sold at Use, Chollar
SOC. Noreross 81 and Savage 9Oe.
The Gold Killers duh, and Belcher sold at
90c. Called onia I5e, Challenge 25e. Seq Becher l5c
and OveTman soc.
No change was TO be seen in the balance OF the
list and they remained dun and heavy after the
call. ana showed but little change al the noon
On the ESQ P N. cali prices remained unchanged
70 duh sales. but they strengthened up after the
Call. and considerable stock changed hands at an
advance in prices and the market closed quite
strong aHd active.
An assessment of cents per share has oeen levied
on the silver Hill
has been called FOR August Is
Silver remained steady yesterday. selling 1t S51 4c
In New ora aud SO l-l6d In London.
Bullion valued al Sl4700 has been sent 10 the
Carson mint from the Con. Cal. = Va. making the
total 10 date on July account $7C0oO 50.
Tie following mining companies report cash
balance Peerless 5., 500 ~ Peer SiS2 os and
assessment IN process OF collection.
lhe Justice Mining Company reports an indebted
The Spring Valley Water Company has declared
dividend OF soc per share, payable August 10.
- George Il; Wells and Herman Ladig leave Tor the
Following is the oficial report of the pumping
ended july 80, 1892 The l700sJatIon pumps
have been working continuously during the week.
and The quantity of water handled daily is the same
as al st report. The WORK OF rep 1ring the drain
tunnel has been discontinued on account OF tbs ex-
cesSiye heat, and we are now making preparations
10 do the necessary repairs from the Sutro tunnel
as better ventilation Can be secured that way. In
the Joint shaft incline the tank for the sinking
pumps is built, snd we are now getting the water
column and compressed air pipe placed Ia the 100
Sierra Nevada was the strongest stock on the list
yesterday The work now going on on the 500
level OF the Union shaft is attracting considerable
attention; they have stu 1000 feet further 10 run.
aud SIS the face OF the drift is already showing
streaks Of quartz the outlook is quite encouraging
lows;
NAvAJo-The slopes shove the $50 level are yield
Ing about The same as last report
BELLE lsLE-Nor drift $50 level extended
feet; No. 1 upralse same level extended Is feet
and INTO break West intermediate erosscut above
the $50 level extended feet, cutting the vein
again aud 6 raise started on il. progress feet
NORTH BELLE ISL E-Upraise south 500 level
extended 10 feet; the vein shows charge since
last report The Slopes are looking about the same
as at last report
CoNMo NwEAITH-Eas drift from chute ad-
Tanced 20 feet face in assayinS BIZ 81 per ton,
Raise third Level has been put up 3 feet; should
reach the ore ia about 10 feet further. VIII CON-
mence extracting ore Monday, the LIST.
NEVADA QUEES-Nor intermediate drift from
chute advanced Il feet showing punches OF ore
North drift from chute 8 advanced ) feet. = feet
OF $50 ID face Of drift AOrth drift from chute
extended IS feet nothing OF value in the face
vest DRIFT from cbute advanced p feet in second
class ore. slopes continue about the same; IS. 81
tons OF hrStclass ore worked Union mill. battery
assay s272 per Ion, and 24S6 tons sent to concen-
trating plant, battery assay S24 81 per ton.