The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-03-18
THE STOCK MARKET.

Prices OF mining shares showed a shading of yes
terday under light sales, aud the market did not
look as well as during the early part Of the week.
In The absence OF anything OF importance from the
Mines this is but natural bur unless all signs fail
the setback is merely temporary. when one takes
into consideration all that has been done In Con.
Cal a Va IN the past twenty years. and that the
work now going oG Is In comparatively virgin
grouad, where the indications very favorable.
a little setback should not be taken final. At
present the insiders are really doing nothing and
the clippers allowed to do pretty much as they
like. but things can change very quicSly as was
shown last Monday morning.
Private Information received yesterday repo rted
an impro yement on the 800 level OF the Belcher,
Duuchy. The superintendent, ia his report makes
no particular mention OF this, but says that they
ARE opening the seventh floor from the 1900 level
stope, where the top Is IN quartz, with small
streaFs Of pay ore in it"
On the early call prices shaded off few cents IN
the nOrthend stocks. Oph!r sold at 3 IS. Mexican
81 g. Gould a Curry 81 45. Best q Belcher 81 so,
Sierra Nevada 81 30 Union 81 50 and Con. Cal 4
Virginia 81 s5g5, with ais and Epstein selling to
the purchases OF Paxton, Crooker amt Homer hiug.
In the middle stocks Bullion sold at IS cents
Choilar 81 o.. Hale n Norcross 81 IS, Potos 81 10
and Savage - 40. OF the Gold Hin stocks Belcher
sold at IS cents Crown Point 70 cents, Overman
95 cents. Seq. Eecher 40 cents and elbow Jacket
the list.
After the call prices shaded of a trine Con. Cal
and Virginia selling back to 81 70 under es OF
1900 shares but II steadied up again and closed at
! 81 IS al the noon adjoaram ent.
proyemeuJ under very light trading, Con. Ca. &
| Nlrgiala alone exhibiting any life OF this stock
Alter HE call trading continued very light and
prices showed 10 change a. the close.
NOTES.
Certificates were dun yesterday at 9Ol4990l2c
Bars sold at 9O1se in New YORK ana 4ll4d In Lon
don.
An assessment OF Csc per share was levied by the
Bullion Yesterday.
There are ten men chlorldiug and doing well In
SILVER Peak district
deud OF 5Nc, pay bic March 81.
The Day Mining Company has declared monthly
/ dividend Of 25c per share, payable March 81.
The California Mining Company OF Grass valley
has levied an assessment Of Sc per share delinquent
| April W.
There is said to be some land-jumpiug going on In
Pineuut in consequence OF recent rich strikes.
High-gr2de ore Is beng extracted from the Coptis
T nine ana DIVIDENDS VIII probably be resumed
within few weeks or just as soon as the can be
shipped 10 tue mdi.
The foundGtion for the mill OF the Gray Eagle
| mine at Forrest HHI divide is up. the posts and
other tim bers are on The ground and II is expected
10 have the MIL runn1g IN about thirty days.
! Al the annual meetings OF the Coptts and Napyas
mining companies. the following board of direo-
toIs were eiectea IgI e1ch company; 4 y. Ian
| caster, PRESIDENT; Thou a Cole vice president;
directors. VI. Hail, Thomas Mhteby ana j. l..
Brown; L. NJ. Hail WAS reelected secretary and j.
". Powell superintendent
The following olhcial letters were placed on file
! yesterday
| SIC BELcHER-Haye started raise from the
! south lateral drift on the 1900 level at point
about go feet south Of our north line 1t is mp Is
fe9t, the top Is IN porphyry aud iow-sIade quartz
! JUSTiCE-IEe west Gr1it ou the $50 level Is out
| 70l feet The face Is in hard rock. There has
| been no work done In the raise from the SO level
| since last report. The men who are working there
| are engaged iH taxing ont the old pump column
| from the north SHAFT.
! KENTUcK Co>;.-1he north drift on the $50
| level has been extended u feet sipce last report
! ana Is now out l5S feet The face Is In pOrphyry.
with streaks OF quartz through IT, 10 has about 80
| feet to go to reach the north line.
| Co.'S. I9PERtAL-Ne stun taking out some
far hii.gs aud small streaks found on the upper
! Levels, winch Is being supplied II the Brunswick
| mill for reduction.
| CHALLENGE Cox. AND CoNFIDESCE-The joint
west crosscut the 200 level 1l6 feet.
The face is In quartz having value. We are still
taking out some fair found in old filings and
small srreaks on the upper Levels, which is being
shipped TO the Brunswick mill for reduction.
| CROWN PoiST-The east crosSeut from the top
OF the raise. 900 level is out 43 feet. The face
IS In porphyry with Ii tie lowgrade quartz through
| IT, West croSscut on tie 500 level is out 90
feet. The face is in porphyry and clay
| BELCHER-The north lateral drift on the 800
level is out 1877 feet north OF No. ! raise I he face
is in poTphyry and streaks OF quartz. No raise is
up Al feet. The top is in quartz showing punches
of fair-grade which is saved. Are opening the
seventh floor fro n the 300 level Slope. The top is
| In quartz with small strcaks OF pay through 1t.