The morning call., 1892-10-13
THE STOCK MARKET.

Low prices and dun trading were the rule yester
day and the market appeared IL it were going n
fall back into the old rut. No news outside OF a
few weekly reports were placed file. or these
reports that OF the Belcher was not encouraging
as had been hoped for. as the superintendent re.
ports having made 20 feet In the vertical raise
the top is composed mostly OF soft porphyry.
Nothing new received from the Norcross cross.
cut and that stock was tribe heavy.
The market opened dull and no partic lar CHI ange
was to be seen in prices. ophlr sold at AZ O5
Mexican 81 IS, Curry 81 40, Sierra Nevada 81 o.
Union 81 SIS and Con. Cal. 81 Va. 81 O5. Bullion
was the strongest of the middle stocks and sold at
Soc Chollar sold at 81 %, Potosl 81 Is, NOrcross
81 10 and Savage 81 80
On the early call of the Pacific Board Baunan and
Krauss succeeding In breaking Becher to So but it
was stronger In the big board and sold at - 100
81 20 TO sales OF ESQ shares. Challenge sold at
Grown Point 81 10. Kentuck zoe, Overman soc
Seq Becher 65c and Jacket ~ 30
After the call Becher nuctuated between SO 8
and SO 80: 2250 shares changed hands aud the
stock ked quite well. The balance OF the list
however weakened of and closed dull at the noon
On the $50 P NJ call there was little better
feeling, but trading still continued very light.
IMPROVEMENT alter the cali, when Belcher was in
demand by Schmidt aud sou up TO IS 80, but
shaded Off again. The market closed steady and
fairly active.
At the weekly executive session OF the San Fran
cisco Stock Exchange yesterday dividend Of 500
SEA- sold mn TO 3S5sc In London yesterday.
No New York quotations were received on account
of ats being holiday there.
The annual meeting OF the Tepezala Copper Com
pany has been called for the 2eth OF october.
The vivian mill will soon start up on ore from INC
AT the annual meeting Of the stockholders OF the
Nevada Queen Mining company yesteIuay, g ,oUo
shares were represented, and the Following oheeIs
elected for the ensuing year; T. Z. Lyman presl-
dent, Thomas Coll vce.presIdens. anu 1hodias
H. X GraysOn was reelected secretary and r. r.
Conn superintendent The secretarys financial
statement showed an oyer-dratt OF ABOUT SSUOu.
but has as an offset ore valued at between Si3,OOO
and 81 5 600 cash yatue.
The weekly reports OF the Bodies are as follows
MoNo-South drift oil $50 Level was extended 16
feet. West crosscut from above driit was extended
II feet .-o -,
Cleaned out and timbered the main south DRIFT 200
level distance of II feet
BoDIE-East crOsScut 900 level extended II
feet North DRIFT above the 300 level was extended
7 feet In this drift there is small seam OF ore
that Is very good. Cprase above the ZUO lever was
extended 5 feet
extended teet. norm dIli' rom sop % ma ~ up
raise extended 10 feet. East crosscut from
winze below the 100 level was cleared out and tim-
bered feet.
During the week nave hoisted 493 cars OF ore from
the 500 $50. 100. l400 and 1850 levels. Skipped
10 the Nevada mill 20 tons and milied 525 tons.
Average car sample assay. So 80; average battery
assay, $50 10. Bullion yield Tor the week, Sb@9 80
The usual prospecting aud repair work is being
drift with the Gould Curry Company on the
Sutro tunnel level was extended 10 feet Have
finished cutting the drain from the main tunnel 10
the face OF the Joint dTlt.
The official letter from the Belehcr mine reads as
follows: We have completed the second compart-
menI OF the 40G level, vertical raise and have con-
tlnued the raise for distance OF 70 feet The ma
terial in the top is dry aud composed mostly 81 SOFT
porphyTy. We are engaged III raising another com
psrtment OF the incline raise 10 make room Tor
chuteS preparatory 10 the extraction OF ore, and
have completed 90 feet. The north drift the 400
level has been advanced to total distance OF o.
feet north OF the vertical The face is In soft
pOrphyry with seams " Low grade quartz through
II. An east cToSscut has been started from the
north lateral drift on the 800 level at point
about opposite the joint shait &c Is out 20 feet ant
the face Is IN vein formation composed OF por'
phyry aud Streaks Of low-sTade quartz.
Following IS a COPY OF tie Crown Point iettefi
We continue 10 follow the ore north aud south on
the 60 level D the south stOpe. In the west Slope
the pay ore OF the hitb floor maintains Its width
and quality as reported last week. On surface
dumps full Of ore, which viii be reduced as
soon milling facilities can be obtained through
al increase in the How OF water in the Carson
River.