The morning call., 1892-08-26
The STOCK MARKET.

For the first time In many day S there a strong
TO the market aud the days transactions
showed conclusiyely that all that is needed IS a
little capital The prices of the middle stocks have
been made TO look very sick for some time but yes
terday ali this was changed and there 200
per cent advance In Hale Noreross under heavy
sales. The balance OF the group extensively
bought In without advancing the price to any
tent The north-end stocks w ere for the time ne
elected. but steadted up and were quite strong at
the close. Quite anumber OF reasons are given for
the advance in Hale q Norcross: but it is pretty
generally believed that showing Is being made on
the 1900 level and is backed up by a little shrewd
manipulation.
on the early cali there was steady tone. but
particular activity shown until Savage
called, when 1850 shares placed record at
80 cents. Norcross opened at 45c and under the
spirited bidding OF Schmidt and Epstein $50 shares
cnangsd at hands % opnr WA was steady at sS 60 Ms1i,
Nevada eOc. Union 90c and Con Cal a. Virginia
81 Is sales of 800 shares. In the south end
Beleher sold at 90c. Challenge zoe. Confidence 9Oc
and Jacket 45c. No change to be seen in the
balance of the list and they remained steady but
inactive.
After the call Paxton took hold Of Norcross and
Savage in demand at 65e and $500 shares
changed hands, with Hodley, Mcdonald and others
making extensive purchases The balance of tho
market advanced a trife and closed strong al the
The 80 p NJ call was the Iiyelie.t for many days
Paxton advanced Hale NoreroSs 81, under
purchases OF 230O shares The nOrth-end stocks
were also more active with slight advance After
the call the market continued very strong ana the
snarpest advance OF the day took place Norcross
going up to 81 so under very heavy sales, with
Paxton taxing everything offered. The balance
OF the middle stocks rallied in sympathy and were
very much better than at any other time during
day. Marye and King were active buyers OF Con.
Cal A Va at 50 20 the market closed very
strong and healthy.
Silver was higher yesterday. selling at S3c in
New York and 80 l-l6d in London.
In the kentuck Consolidated mine the rase
above the 100 level has been advanced IS feet
during the week The top shows streaks OF low
grade quartz. In the stope from the east cresscut
they are opening the second floor. aud saving from
there about two tons OF per day of fair milling
grade
The Onicial letter from the Justice mine for the
past week says: we are STOPPING streak of
In the west wall on the S22 level the north
line OF the mine. The pay varies from 10 three
feet In width aud viii mill about $25 per ton. The
south raise from the south wfnze from crosscut 2
622 level has advanced six feet during the week.
Total height, 46 feet The top shows two feet Ia
width of orc that Will mill from S25 $50 per
ton.
In the Seq. Belcher the crosscut from the
south lateral DRIFT on the 800 level is out a
total distance of 40 feet. The face is In pOrphyry
with quartz OF low grade.
The assessment on Peer, which was delinquent In
Office esterday, has been postponed until Septem-
Der 8, aud the sale day until october ..