The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-07-23
THE STOCK MARKET.

There was very little doing in mining circles yes
terday and prices remained the same. The only
item of interest the street was the proposition
to sell the Nevada mill to the Chollar, Potosi saw
age and Norcross mining companies. In keeping
with the resolution introduced by Charles Hirsch-
field OF the Savage company on Thursday special
meeting OF she board of directors VIII be held to
thoroughly canvass the project, which, III carried
ont. will result in some good TO the companies IN
the end
in with total OF 1900 shares, and OF this amount
$50 shares were Of E:ehsgaer al IOe. 0phlr sold
Cal & Va 81 so. Hale a Norcross 81 20, Crown
Point Use aud Potosi 45c.
After the call there barely any trading:
prices remained unchanged, aud the market closed
On the 2 80 p ~ call but 1900 shares chan yed
hands without any change IN prices, and the mar
ket closed dull
The sun Insurance Company has de clared the
usual quarterly dividend OF 81 50 per share. pay
The quarterly interest on the per cent bonds OF
the Spring Valley Water Company will be paid on
An effort is being made by many OF the members
OF the Francisco Stock Exchange TO abolish the
$4,000 life insurance now carried upon many mem
bers who are such ~ name only The continuance
OF these policies means an assessment on the mem
bers which is virtually q lreezeOut In the present
The assessment on Bodie viii be delinquent in
silver was Jfife stronger yester day selling in
New York at 6I4c ana in London at 3912d.
The Grass valley Tidings says: Negotiations
looking 10 the development of the Sauye mine ad-
joining The w Y o. ID. have been In progress for
some time. On July 3, an agreement entered
into by which the property viii be exploited by
Eastern capital Work Will be commenc ed. within a
The gold yield Tor the Bald Mountain Extension
drIt mine near DownIevile. for June was about
$4,000. The ciesRups for the past six months
have aggregated S69,5S5 40. among which were
nuggets varying from 4, s. ., 10 ~ and 80 ounces.
The regular monthly dividend (No- 2o) was de-
clared July2
from the Holmes ranch, near GEORGETOWN, Cal,
within the past week, and the cleanup includes one
nugget weighin, $1,000.
me pam LOT the largest production OF Arizona
copper is now borne by the old Dominion mine of
Globe district. whose furnaces are turning OUT
the April 1901 mine, near Phoebe, is said to be
good thing. a shipment OF 80 SACKS OF ore was re-
centy made 10 Salt Lake. Thirty sacks went over
$4,000 to the ton In gold. the rest about $500. The
ledge is a strong one
The DAILY mine at Park City. Utah yielded 24lg
tons OF dry ore iii 1891 more than in 1880 and 2 s
per cent more OF the gross contents we're saved
Nevertheless owing the fall in price OF silver
bullion, only S45 ,00O more received. from the
years mili product than in 1890 A refinery was
also bu 81 cradle expense. The Days total
ore cut puJ II zee incorporation has been $50. 664
tons OF ore. yielding 6,SO50OO 10 ounces Of silver,
with 666Sl3 ounces OF gold, yielding in all So Is
0s5 - - winch s.. ~ 500 was paid In DIVIDENDS
leaving $2S9. $40 cash In hand.
The ontario mine at PARK City, Utah, paid its
Shareholders 10 the close OF 1891 in dividends the
sum Of 81 425, 600 from an output of and but
3l5 tons of ore. During 1891 37.s 8 net tons OF
ore from the mine were reduced VITA yield OF
4Sf 3oo5f0 me ounces OF silver sold Tor 81 .bZ2-
sOl So at an expense OF S74,SC6 3S, exclusive Of
cost OF production, and leaving amount realized
Sl.6HT,9SS 81 out OF which the shareholders re-
eeived il dividend 5000 600 within p fraction
OF 81 per cent The cash balance ia the treasury at
the close OF the years operations was &i34. 900.
The following Official letters were placed file
yesterday:
BELCHER-The north drift on the 400 level has
been advanced 50 feet making its total length 2i6
fect from the switch. The face is in soft porphyry
with streaks OF lON-grAdo quartz mixed with IL.
The north drift on the track floor the 500 level
is out SO feet north OF the stOpe The face Is In
porphyry and streakS OF lowgrade quartz. Have
opened the second floor from the south slope on
this level, and while II shows some good * is
considerably mixed with pOrphyry aud clay Have
shipped TO the brunswick mill for reduction during
The past week 409 tons and 1850 pounds OF ore.
ton. Have shipped TO the United States MINI AT
Carson four bars Of bullion valued al Sl2,7l5 81.
CROWN PoINT-The main west crOsScut the
$50 level has been advanced 30 feet during the
week and is now out 529 feet from the shaft. II
has been stopped In porphyry At point so feet
from the face raise was started, which Is up
"a feet the top Is in soft porphyry. The 90 level
slopes present no material change for the week.
cept that the pay streak becomes poorer IL is
followed north the track floor Have shipped to
the Mexican mill for reduction during the past
week So tons and $40 pounds o: ore. the average
battery sample or which was 81 p per ton.
kENTUCK CoSsOLIDA TED-Thc south drift from
the fifth floor above the $50 level has been ad-
vaneed Is feet during the week IS out 70 feet
the face is In qusrtZ OF low grade In stopping north
from the xth floor the ground presents no mate
rial change for the week
Assessments Pending.
F1HHn -Ec. #.rr