The morning call., 1892-12-13
THE STOCK MARKET.

The following letter received from superin-
tendent Lyman OF the Con. Cal. & Va yesterday,
unaer date of the 18th inst:
1--WE are having great deal or trouble from gas
from the old Slopes. Last night about IL O'Clock
fire broke out a little below the 1850. and quickly
drove 1900 men from that level. They retreated
via the ophir shaft. This new trouble has COM
PEELED us to buknead the 1850 and 1850 levels on
the Con. Va. side, cutting OF from all the
reproducing points IN the mino that amount to
anything There will not be any further extraction
OF ore for an unknown period. We have 900 tons
OF ore ia our mine dump. (which will be worked, and
then milling Will cease. Tomorrow we commenc zee
putting brick bnlk heads with cement and will In
inns make the M inc smell sweeter than AT nrssenf
Our toiers have long faces and many regret that
Prior 10 the OF ening of the stock EXCHANGES tale
grams concerning the above were received In this
city aud large amount of stock was thrown upon
lie Paci6e BoSrd hannan and HirschprIa ra
active sellers. and in the San Francisco Board Ep-
stein and Van Wyck were the sellers kortunateiy
for all concerned there we're good buying orders
for the middle STOCKS aud these made such an ad
vance that the other depression was LOST siSht Of
AS was shown by the superintendent weekly re-
port the showing on the 100 raise most en-
grade ore. The insider. we're heavy buyers aud IL
looks as II prices would do even better.
on the early call Ophr broke to 81 IS, Mexican
81 80. Curry Csc, Best y Belcher 81 30 Sierra Ne
vada 81 25, Union 81 20 and Con Cal & Va So rs
under the sale OF 1870 shares The middle stocks
on the other hand. were strong and active, Bullion
selling al 81 Chollar SOC. Hale & Norcross 81 as.
Savage 81 Is and fotosi 81 10 10 sales .of 1900
shares. OF which Marks was the principal buyer.
The sOuthenders remained unchanged and
Becher sold at 81 IS, Alta 35c, Caledonia zoe Goa
New York Csc Crown Point soc, Oyerman 55e Seq
Belcher Csc ana Jacket 65c.
After the call there was heavy demand for the
middle stocks and prices showed sharp advance.
fotosl selling mp to ~ 40 under sales o. 1000
81 80 the market closing strong anG healthy al the
noon recess
On the 2:20 P. NJ. call prices were few cents
lower. ana continued weak after the call, closing
heavy, with the exception OF the middle stocks.
which closed strong at an advance.
Silver was point lower yesterday selling at
s3I4c in New York and Sc 14d In London.
w. T. sharon, the mining superintendent. IS IN
the city.
The annual meeting of the Ontario has been called
The Atlantic Dynamite Company has declared
dividend Of 40c. payable on the 18th
A. w. BarrOws, secretary OF the Union Con, died
In this city on sunday, after an extended Illness.
The following onicIa reports were placed on file
UTAH-340 IeveI-From the north drift from west
STSssSqa q a. P.ni .sS fses IN from Us mouth
feet. Have done some necessary repairs the
this north drift is gradually decreasing.
NEW foRK-fhe south drift from the winze 700
level is out is feet: tue face 10 ore OF fair grade
The west cro-scGt. SIS feet north OF the shaft 500
level. is out IS feet: face in clay and porpnyry.
Are extracting from the stope above the 600 level
from 10 10 ~ cars OF ore per day samples aver
aging from $40 10 $40 per day. Commenced ship
lest run OF lO4 tons rs 80 pounds OF ore worked Ar
the Washoe min resulted as follows: Average car
sample assays s4o average battery assays s39 20.
producing bullion to the amount of S4l72 ~.
SILVER HILL-The north drift on the 1850 level
has been advanced feet during the week through
quartz giving low assays. Repairing south drift
from the Justice SHAFT 622 level to silver Hill north
line This level corresponds with the $50 level OF
the silver HILL
occIDESrAL-Hsyee extended the ma n north DRIFT
on $50 level Is feet through low-grade ore. The
uDraise from south drift 750 level Is up ~ feet
top in fair-grade ore. Crosseut In Zsdig drift
Sutro tunnel level is in SO feet formation porphyry
and clay.
BEST & BELCHER-20o Ievel-During the past
week the northwest drift has been extended IS
Ia
the 900 level we are still repairing.
GOULD & cURRY-200 leyel-West crosscut 3
started 80 feet from main drIft has been ex-
tended Is feet through hard porphyry: total length
100 feet West croSscut from main north DRIFT
has been advanced feet through soft porphyry;
total length % feet.
Ca the Suiro level the joint drift with
Savage Company has beeu advanced IL feet during
the past wees total length 724 feet; iace in very
hard porphyTy.