The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-09-13
THE STOCK MARKET.

The week opened strong and several stocks ad-
vanced under active sales According to the super
intendent's report, the Steel DRIFT in the Sierra
Nevada ground is In 20 feet. The full face OF the
drift is in quartz running $50 per ton In gold Ac-
cording to an agreement Of the company with
Oscar Steel, who made the lucky fnd the company
has rendered him $1,000 for his work and has pnt
an extra force OF men enlargtng the DRIFT and also
commenced another tunnel 100 feet lower down
the hill In hopes OF encounterng the lode ut that
point MIR. Steel does not seem think he has been
sufficenty paid for his trouble. claims 1922 900
for his share. This the company refuses to pay.
and wishes TO refer the matter to five mining
superintendent for arbitration
On the early call there was particular change
until Sierra Nevada was reached The price OF this
stock advanced to 81 10 and that of Union to
81 so under ale OF $50 shares. Ophir sold at
81 as, Mexican 81 As, Curry 81, Best and Belcher
81 50 aud Con. Cal. and Va. So 80. In the middle
stocks Bullion sold at 40c, Chollar 6Uc, Norcross
81 40 PotosI Soc and Savage S5c The Gold Hill
stocks were strong and in demand but did not
show any particular change In prices An Improve
ment In the upra5e above the 400 level OF BeIcher
made that STOCK the favOrlte and the price adj
vSnced TO 81 % under sales OF 1900 shares Con-
hdence sold at 81 %, Crown Point 60c, Seq Belcher
Csc and Jacket 55c
After the call prices hung fire for quite time
Then Schmitt and Ives began buying the Gold Hill
stocks for Morrow and prices were rapidly advanced
under very lively sales. Belcher was the favorite
and sold from 81 % to g rs under sales OF 300
shares. Crown Point sold up TO Use. 1000 shares
overman to soc, 2050 shares, and JACKIE. up to 75e
but declined to 81 go under sales of 2l00 shares
and Union to 81 40GS1 SO, 1900 shares The market
shaded off again before the close and was trife
heavy at the noon adjournment
ON the 2:SO p. NJ. call the whole market was
lower. though trading continued quite active.
After the call prices continued heavy and the
market closed steady and fairly active.
NOTES.
Charles Hirschfeld, the mining operator has re
turned from the Comstoes.
The assessment on Confidence is delinquent in
the toard to-day.
Captain Vol, an o,d-time mining operator died
The Da cy and ontario mining companies hav
declared dividends OF 25c and soc respectively.
Bullion valued ~ 81 900 has been received from
the PotosL
Snver was a trife stron ger yesterday. selling at
8312c in New York and 3S14d In London.
A bullion shipment OF 1903 fine ounces of silver
has been received from the Mount DiabIo.
Atlantic Dynamite has declared dividend OF
40c. pay able on the 18th.
The bullion statement of the Savage for the
month OF August is as follows: Gold, 1882 40;
silver, S23470 20; total, S32, 062 "a. Discount
bullion, sS7o7 0S. Net account OF cash received,
S23,295 IS. Tons of ore miled, 900. Average
battery ass az, s22 IS; average car sample assay,
$25 3d. percentage obtained, $50 70 of average
The Dayton Times says the King brothers. Eman-
uel and Joe, have three men AT work with them
now on their placer claim In Gold Canyon. They
are making more than average wages sluiciug, but
are now contemplating putting In small hydraulic
10 cut through the hill back OF their claim where
they expect 10 ind a channel II is the theory OF
all that a channel exists there somewhere They
will have about 40 feet of fall for their hydraulic
The following Official reports were placed on file
yesterday:
NARD SHAFT-Joint Alpha and ExchequJr west
cToSseut 1900 level is out feet face ia porphyry
and small strlngers OF quartz The Joint Potosi and
Bullion northwest drift 1900 level is out SIG feet.
The face is IN hard porpbyry
OccIDENTAL-Fro the Slopes on $50 400 and
450 levels have extracted and miIlsd IT'S tons OF
of the average assay vaius OF $40 10 per ton
per battery samples. Have extended the main
north drift 100 level 3 feet; total distance from
WINE station 472 feet. The face is in quartz of
some value The Zadig drift, Sutro tunnel level,
has been extended Il feet, face IN porphyry forma
ton; total length OF main drift 635 feet. total
Ieng th of cross drift Ill feet.
NEW YoBK-The north and south drifts from the
W nze SO feet below the $50 level are each out 10
feet face in both drifts In fair ore. Car sam-
pies assay from $50 TO $40.
sILvEK HILL-Are grading ana repairing the
northwest drift, 26u level