The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-09
THE STOCK MARKET.

The stock market was livelier yesterday and, un-
der varying conditions large OF stock changed
bands The southenders, under the leadership OF
| Becher, very strong and active, while on the
other hand the strength that mas marked Con- Cal.
a Va. for the past few days was absent, and the
| stock declined under heavy sales. The only news
received during the day was from Con. New York,
of which the Enterprise has the following: strike
OF rich ore is reported in the Con- New fork mine
the 600 level. II has been tapped by four cross
cuts, and the last OF these has developed richie ore
than its predecessors The in the last crosseut
is said 10 20 5000 or 5000 per ton The strike is
important one, and If the body OF ore unco vered
proves to be of magnitU lie the sto cE may be
expected to appreciate pretty soon.
On the early call the only stock to show any life
was Con. Cal a Va, which weakened off TO SO 20
under the sale of no shares principally by ides
and Fitch. Ophir sold AT 81 50, Mexican 81 80,
Best * Becher 81 10. Sierra Nevada 8 20, Becher,
81 So Cholar Q0c Crown Point 81 20, NOrcrosS 25c,
Overnan. 81, Potos 81 Is, Savage % ana Seq.
Belcher soc. After the call there was further
decline Ia Con. Cal & Va. TO 50 s.. under the sale
Of 100 shares The balance Of the nOrthenders
remained steady at call prices On the other sand,
the southenders showed an advance, Belcher sell
ing up to 81 70 under sales OF 1900 SHARES.
On the 2:3O z NJ call Con. Cal. Virginia was
very heavy and under the sales OF Cope and Homer
King declined To 50 90 under sales OF 2400 shares
The balance of the HCrtheuders remained steady.
In the southenders BelcheI jumped up to 81 under
sales OF 1850 shares, which we're taken la prln-
cipalIy by Epstein. After the Call Belcher and
Crown Point showed a further advance under active
.
market otherwise lOoAei we'll at the close.
NOTES.
Silver showed little decline in New ork yester-
day selling at 94I4c.
Bullion Valued at $ls O5O 10 has been received
from the standard Con. OF BOdte.
An assessment OF 80 cents per share has been
levied on the ChOllar. and one Of l cent per share
on the TeirakOt Goid Mining Company OF Amador
County.
winnings La Plata District, a few miles from
Laramie, is producing some very rich ore. Samples
Of gold quar.z go from $500 to Sl5 1000 per ton.
IN ~ NINA la INF near
Utah, produces ore that assays $3.50 In gold and
pig ounces IN silver.
says a correspondent of the Beaver UtOHau,
very successful Ninety tOns OF bullion assaying 80
per cent copper was run out OF 800 tons oil second
class ore.
Flint VIII be the first mining camp in Southern
Idaho TO use electric drills dynamo is now being
set up IN the big mill there Whlch VIII supply the
power to run the III to be used in driving the tun
mel connecting the min with the mines. As soon
this tunnel is completed electric Will be put
IN TO transport ore from the slopes 10 the mlll.
Assays OF a large piece OF f0at goid ore found
near Brighams Peak, IN SEWER county, Utah gave
returns OF $4,000 to the ton. The Saina Press
the vein ledge from which the rich ore came
has not yet been located, but large number OF
claims have been fled 10y proSpectors who expect
to find 1t on their locations in the spring.
At the annual meeting Of the stockholders OF the
Idaho Gold Mining Company held In Grass Valley
recently tie Old Board OF Directors were reelected.
These are: Edward Coleman, President and SUI
perIntendent: John c. Coleman, Treasurer; NJ. p.
O'Connor, Eugene Creller and George W. Hill, Sec
rotary.
The virginia Chronicle says: After three years
Iapor. and after spending $4,000 In experimenting,
the owners OF the Carson River dredg6 have dem
onsIrAted that they extract the rich gravel de
posts OF the Carson River The dep. Is consist
chiefly OF quicksilver that escaped from the quartz
mills that once lined the banks OF the river above
and below Dayton and assay between 81 aud s.
ton. Their richness has always been understood.
but no ono has been able 10 extract them in paying
quantities until last riday when the dredge raised
ten tons IN five minutes AS there are twenty miles
OF river bed TO be worked tho successful trial
promises the construction of other dredgeS IN the
near future and the employment OF large number
Of men.
The Yreka journal says: The river miners along
the Klamath are sttii taking out pay gravel, with
good success, and five have 10 heavy rIiG-SlOrms
they will be able TO continue operations all winter
before high water Hterferes. The hydraulic min
erS have commenced work in several localities and
Others VIII be able 10 do shortly. provided tho
nights not too cold 10 prevent the snow from
melting to nj their bitches. TIE hydraulic miners
will have the best season known in Siskiyou,
from the fact that there has not been any rain OF
consequence TO dissolve the vast quantity OF snow
on the hills and mountains. Many placer miners
have been enabled already to commence ground
TuictnS and washiag IN extensive lines Of siuices
with good success.
Assessments Pending.