The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-14
THE STOCK MARKET.

There was no particular change in the market
yesterday. The news from Belcher was very I'M
portant as well encouraging and If it continues
the market IS bound 30 be affected The report
says: THE raise from the north lateral drift on the
800 level mas been extended 10 and connected with
the bottom OF the 800 level slope We are opening
out from the fourth floor OF this raise and saving
few carloads OF fair grade ore per day from IT,
Have opened two sets 10 the north from the
1900 level south raise aud pay streak has widened
TO three feet on the fourth ioJr and to about six
feet on the sixth floor. 1t lies quartzte foot
wall with barren quartz 1t and is lying very
fiat. The pay is OF good milling grade on the
average and contains spots Of rich ore Have
shipped TO the Brunswick mill during the past eek
400 tons $50 pounds OF ore, the average battery
assay OF the part milled being $3l 33 per ton"
1t is also reported that the force of men in the Hale
& Norcross will shortly he increased The n orcross
ore is to be WORKED in the Choar or Nevada mill,
and an extra force Of men VIII be PAT on in The
mine in consequence.
In the $50 \ NJ. session yesterday prices sh owed
no particular change and outside OF Belchcr no
at 81 80, Mexican 81 20. Curry s. is, Best 4
Becher 81 Is, Con. Cal. Il Va. So So Sierra Nevada
Chpllar SOLD at 81, Norcross 95c Potosi 81 rs aud
Savage 81 40. In the south end Belcher sold at
Confidence 81 50. Kentucx 25c, Overman 81 Seq
Belcher 65c. and jacket 81 O5. Auerthe can trad
the former sollhg up 70 - 25iunder sales OF $50
shares, ana the latter 50 1898 so 1900 shares the
On the $50 p NJ cal there was no particular
change and the market steady aud fairly active.
Alter the call a little shading of was 70 be seen,
and the market closed inactive.
NOTES.
Silver remained heavy at 9224c in New 70 TX yes
terday.
The First National Bank has elected the follow.
lug Directors: T. g. Murphy, President; James
MontJ, vice-PreSident; George A. Low, James, u.
Phelan, J. Downey Harvey, George g. Perkins, y,
Van Bergen, john A. Hooper and Thomas Jennings.
At the annual meeting OF the stockholders OF the
day George l. Brahder chosen President,
Charles H. Cushing Nice-Presidect and Charles VI.
Alderman (New YOrk), c. a. Van Anden fChicagu),
Charles H. Gushing Charles NJ. Blair, J. II Wallace,
j. Is. MacSie and George l.. Brauder.
The Following committees have been appointed
AT the san Francisco Stock and Exchange Board:
Executive Joseph Marks, +. T. Murphy, IL. II.
Noble, II. II. Shnn and Samuel Dixon. Finance
A. q. Gurnett. Thomas hlteley and George w.
cope Stock Llsl-J~nh H. 'rocker, = ii, BROOKS
D. r. Sides, John A walls and L. Epstein Com
mission and Rules-Charlgs L. Paxton, Werner
StaUf and John Mckenzie.
state InNes tmeut ana insurance has dec Jared a
dividend OF 80 cegts, payable tomorrow.
Changers Rank, cash dividend OF per cent
earnings carried 10 credit # reserve fund. The
following Official letters were placed Tie ester
Moxo-South drift ZOO level was extended 7
feet South drlft 3 feet above 100 level ex-
SUMMIr-The shaft was cleaned out and timDered
distance Of feet. Have started TO a DRIFT
north on the lOU-ioot level 70 make an upralse 10
stOpe oak
BoDIE-East crosscut No. l. 7OO-foot level,
extended feet. Upraise No l, 500-f0ot level,
Jupiter shaft. was extended feet. The ore Ia this
upraise i fair grade and about 10 inches wide
Upraise No 2. 30 feet north OF o. I, was extended
feet In this upralse there Is about inches OF
ore; the ground is very hard.
ByLwER-Haye Grawn from the main ore chute
ami shipped TO mill l4O tons OF ore The ore slopes
above the north drift l5O-toOt level yielding
of good grade. The ore body has shown an average
OF IN feel IN width. The south stOpe, same level
IS producing OF fair grade The mill is kept
running steadily, average battery samples for week
SAL 80. taiiigGS Sl3 81.
HALE a NoRCRoss.-On the 1880 level the north
DRIFT advanced 20 feet making It's total dis
tauce north from the station 60 feet est cross
cut o. ] was extended Is feet, King its total
90 feet; face IS in quartz and porphyry. On the
Chollar Company our south boundary a l.
vance % feet, making its total s. feet. There is
quartz coming IA the face OF the drift carrying
some ore.
SAvAGE-Uurlng the week we have hOisted 775
cars OF ore from the 500 $50. $50, 400, 400 and
1900 levels. shipped TO the Nevada mill 90 tons
and mllled 675 tons average battery assay lS 20.
bullion yield for week. S93l5. On the 400 level
the northwest drift WAS extended 20 feet aud CON
uected with No. west crCsS-cut from The Old
north DRIFT This driIt continues to show some ore
Of good quality. On the l450 level wa ara Stopping
OF fair grade. on the 1900 level we putting
In Sill floor sets In the ore body; the ore is OF the
average grade. To-day have started a Joint
north drift with the Gould aud Curry Company on
the SuJrO Tunnel level; this dTif starts IN the
ledge at point where the Sutro Tunnel intersects
the COmstOCS lode and Will be continued follow