The morning call., 1892-03-27
THE STOCK MARKET.

There was no change OF any importance in the
prices OF mining shares during the week and fair
amount OF stock changed hands Walls has been q
very important factor lately, evidently for the
siders. Every time a demand appeared he would
step in and by the offering of large lots Of stock,
would check the advance News from the front
during the week was In the main encouraging
Should the ore bodies now being encountered IA
any one OF half dozen mines develop Into any
thing substantial 1t would have very beneficial
effect on the whole market More especially is this
tire case in Con. Cal. Va. where the showing on
the 1900 and lSO0 levels is particularly encourage
ing. The ore in the wipze being sunk below the
1850 level Is increasing in value depth is gained
aud II gives every promise OF eventually developing
into something of more than ordinary merit
AT the south end ore is showing at several points
but not yet in sufficient quantity quality to cut
any particular figure. To DO sure, the Belcher is
nearly paying it's way. but until the connect Ions
are made on the lower levels and steam supersedes
compressed air the piag expenses viii continue
On the early call yesterday the market opened
steady but exeeedingly dull only IA stocks. with
total sales OF 31SU shares. being dealt la. good
demand was shown for Con. Cal Il Va, aud $50
shares changed hands at S5!s. Norcross was also
strong at 81 90, 10 sales OF 600 shares Sales were
also made IN Beieher at 81 10, Best & Belcher
81 40, Bullion Zoe, Chollar 81 20, Con. New York
North Belle Isle I5e. ophir 81 90, Potosi 81 IS.
Sierra Nevada 81 40 and Union 81 55 After tue
call prices continued steady but business was dun
The market closed healthy, with northend stocks
In demand.
The annual meeting OF the Buwer Con- Mining
Company has been Gained for April l3.
The Yellow Jacket Is shipping IS tons OF ore per
DAY 10 the brunswick mill. The usual prospecting
is being done
In the Scorpion the joint drift from the 900 lie vel
OF the Union shaft was advanced 10 feet, making
us lotai t43 feet The ground is softer and re-
qulfeS ttnbering. which has delayed the usual pro
sEeSS IA advancing the DRIFT.
silver continued duh ahd heavy yesterday, GER
tioates selling $50 and bars At SIC in New ORR
and 10 7-l6d IN London.
The Parafine Paint Company VIII pay dividend
OF &c per share on March % This Is the ninety
first dividend.
The following letter was received in this city Fri.
day and speaks for itself;
VIRGINIA, New. March "a, 1892
Nat Z. MesSer Esq, president Hate & Norcross
Steer Mining Company, San Francisco, cal
DtAR SIR: My attention has been called by r. p
Heating, my predecessor as superintendent of this
Francisco ChrOntcie OF the 10Th OF March, which 1
inclose, and he has requested to write to you
with reference to Il, In Justice to him and the
former management of the mine. When 4 took
charge fouEd no persons employed who were not
necessarily employed in the business OF the com
pany. There were no dummies upon the payroll
The charge with reference 10 the duplicate bills of
moathly expenditure is absurd upon it's face. as
duplicate bills uniformly taken by mining com
panleS here, one OF which is on file here one In
san Francisco both OF which open to the iDspec-
ton OF any stakeholder. and such Inspection would
of itself show any discrepancy. Respectfully
JOSEPH r. RYAN, superintendent.
The weekly reports OF the Quijotoas are as fol-
lows:
CRoCKER-The south drift from tunnel on
the 300 level has been advanced To Is feet the
face being in vein matter for With composed of
black spar aud quartz, with some showing
fEEk-Everyi hing Is Ia shape for commsnc ing
operations on the new tunnel soon as some minor
arrangements are made.
IEERLEss-On the 800 level fair progress con-
tinues TO be made in the north drift. without any
change since last report
Fol- owing Are the Highest Prices During
the Past Week.