The morning call., 1892-01-07
THE STOCK MARKET.

There was change in the market yesterday be-
yond little furry In Belcher during the 2 80
afternoon feSsiOn when the price OF the stock was
advanced to 81 30 under active purchases by Staut
On the $50 morning session Ophir sold at So IS,
Mexican 81 so, Curry 80 cents Best a. Belcher
81 90 and Con. Cal. ~ Va 81. Savage sold at 81 25
NorcrOss IS cents. PotOsi 81 20, Becher 81 %
Bullion 81 80 Crown Point 81 o. Sierra Nevada
81 So Union 81 40 and Jacket 80 cents After the
call trading was very dull, with the exception of
Alta and Con Cal n Va, $50 shares OF the former
selling at IS and 80 cents and 1850 OF the latter at
So 95 and 81. ON the 1890 afternoon call prices
were inclined to be heavy under the sa es by Walls
and Con. Ca. Il Va. sold at 50 80 Belcher opened
at 81 20 and quickly advanced to 81 80 under sales
OF 1850 shares The balance Of the Gold i'll stocks
were also fairly strong. After the call the south
enders advanced stiI further under the leadership
Of Belcher and the market closed strong and active
NOTES
Silver was steady at 9l5sc In New York yester-
day.
An assessment OF csc per share has been levied
on Union Con.
The LYON County CNev.) Times says: The Doug
las mill VIII probably be shut down for the winter
Superintendent Phipps who has the institution
on paying basis for the past two months, VIII
probably rctura u Mexico, and 1t is not known
when the MIL will again start up.
Az the weekly executive session OF the san Fran
cisco stock Exchange yesterday the following nom
held next Monday: PrsSldeIt-E. f. Conn and T.
p Murphy; Yice-Presdent Thomas Whiteby
J.. i y.
Fred w Hadley; Treasurer. George I. Marye Jr /;
Caller O. v Walker. The exchange also reduced
The wages Of the Recording Secretary janitor and
The Following synopsis OF the operations in the
TuscarOra mines last week IS from the Official re-
ports OF suDeriuteudeEt3:
North Belle Isle-No 3 north drift 400 level
extended feet. No. north drift 800 level. eX-
tended l3 feet again cutting the vein. CroSscut
from No. . raise, north end extended feet pass
ing through several s{ri.gers OF good ore. The
wiuze below intermediate crosscut sunk feet
exposing strong vein with very rich ore. There
Is no doubt but that this vein is the No. vein of
the Belle Isle That mas (leided SO largely In the
past The Slopes are yielding as usual and employ
ing about ten men Naval o-North Intermediate
dtlft below $50 level extended teet yielding some
good ore. No Wine below $50 level sunk ct
on a small vein OF very rich ore The Slopes are
yielding as usual, hut we nave been unable TO ship
any ore owing to continuous snow-storms. Belle
Isle Southwest drift from tho Williams crosscut
extended % feet. Have started intermediate
drift north from the Wine below the $50 level, NO
vein and the face Is showing very iue ore. Slopes
Del Monte second level-Jont drift has been
advanced 10 feet, exposing orc along the line as
feet Have started to open slopes on this ore Third
leyel-North DRIFT from No. raise advanced Is
feet, encountering buTches OF good ore. West drift
from same point has been * ended l feet without
OF ore. = or h commonwealth. second lcy-l-Stopes
north from the W me do not look a. well as Iat re-
ported. On the south aud east wiuze still show
Ing high-grade ore Have started Wine from
west drift TO follow the ore down. Extracted SO
cars or Com aOnW eaith, fourth leVel-The
south drift from no. raise has been advanced
feet 10 the line ana joint RAISE started. should
second leveI-No. ] south dTif has been advanced
Is feet. No. south drift has small seam OF IN
the bottom, giving assays S234 per ton. Fourth
level-NeSt crOSSCut following the vein has been
extended fourteen feet with spar, showing iron
pyrltes In the seams 4 join raise has bceu started
The line TO cut the vein.
The First National Bank has declared a semi
annual dividend Al the rate OF per cent PER
annum, payable on the llth. The California Guar
antCc Investment Company has declared the third
semi-anuuAl cash dividend OF Sls per cent Class
" b. shares, payable on the 18th In addition to
the cash dividend Of per cent per aHhum. a sur
plus Of 6-lO per cent has been credited 10 the
shares.
The following Official letters were placed on file
yesterday:
HALE & NoRcRoss-On the 1880 level the north
dr:t is advanced las feet. face continues In low
grade quartz. West crnssrut No. l was advanced
80 feet making It's total as feet: face is In pOrphyry
and quartz giving low ASSAYS. On the Sutro Tunnel
pany on orr south boundary was advanced 20 feet,
ding It's total 40 'eet. There IS change in any
of the drifts crosScuts during the week.
SAVAGE-During the have hUistet bS6
OF ore from the 500, $50, ESQ 400. $50 and
1900 levels. Shipped TO the Nevada mill $50 tons.
bullion yield for the week $3.50 81. on the l4U0
level the north drift was extended 30 feet lace IS
In ore OF good quality on the 1850 level we con-
tBue 10 stops OF fair grade. On the 1909 level
Stopping ore Il fair quality Have men
repairs and prospecting the several levels also re-
timberiug parts OF our main hosting shaft
ALTA-Ihere has been no change In the 1910
southeast DIR III since last report; drt continues In
quartz and porphyTy of no value. Total length,
1853 feet. On the $3.50 level the southeast drlft
fair but taken altogether IL Is too low TO save
TOTAL length. 81 feet The m llI started up on
sunday night. and everything is WORKING well.
The north drift 1880 level was advanced 20 feet;