The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-03-15
The STOCK MARKET

The week opened with advance in the north
end stocks. especially In Con. Cal. d Va which
sold up to S51. Messrs. Flood and Messer returned
from the Comstock Sunday, where they had
gone to install Joseph Ryan as superintendent OF
the Hale q Noreross. Mr.. Ryan has been Instructed
TO continue the extraction of until such time as
the ore-bins are flied. In the meantime arrange
ments are being made to obtain "a mill with which
to crush the ore. Efforts being made TO secure
the Occidental MILL and as its capacity is about 90
tons per day and the ore be carted there at an
expense OF about 75c per ton, this mill will answer
all requirements and its lease Of the mill Will help
the Oecd entail Company considerably While in
Virginia Mr.. Flood visited the Con. Cal a. Va
ground and reports very decided Improvement
on the 1900 level. which is in good ore He also
states that Wine will be sunk In the south DRIFT
on the 1900 level at point about 100 feet north
from where they now upraisIng and extracting
This Wine he expects will be sunk to about
depth OF 10 feet. and should the continue down
TO that point a lease of life will be given the
old nine. Crosscuts east and west are also being
run from this drift at point 100 feet still further
north from where the Wine Is to be sunk At
present the faces OF both these crosscuts are I'm ore
assayiDg about $40 per ton. The Eureka mill is at
present engaged in crushing about 500 tons OF
ODhlr ore ana when this finished it Will begin
crushing Con. Cal a Va ore in place OF the Morgan
mill.
The monthly statement OF the Con. Cal & Va for
the mouth of February placed on file yester-
day and showed that the company ran behind
Sl7 1913 80 during the month thus leaving $40.
month were paid. Should the present outlook in
the mine continue there is little doubt that prices
wilt be greatly benefited thereby
on the early call the market was much better
than al the close OF Saturday and the northenders
showed sharp advance. Ophir sold al So 80 to
sales OF 1900 shares, of which Morrow was an act
i've seller. Mexican sold at 81 80, Curry 81 35.
Union 81 as. Con Cal A Va. opened at 81 90 ard
quickly advanced TO s51s under the purchases OF
Epstein and titch and 1880 shares Oh inged hands
despite the determined efforts o: several bear
operators TO keep the market down. Ia the middle
a
81 40 aud Hale q Norcross 81 80. The Gold HiIi
stocks showed no Ia5lcuiar change and sales were
90. Crown Point SOC, oyerman 81 % and jacket
After the call prices weakened of few cents
under lively sales and Con. Cal. q Va. sold back
81 05 and TELL back again 10 ~ S. the market clos
lhe steady. but inactive at the noon recess
showed no further change. Con Cal. & Va sold
selling.
Herman Zadis, the mining operator. is expected
to return during the week.
Silver steady Yesterday, with sales at gg1.c
In New ork aud IL 14d in London.
meeting OF the Executive Committee OF the
California Miners Association was held yesterday,
but was poorly attended owing to its being cOllec-
ton day" No business OF any particular import
Local corporations Will pay dividends today as
follows; Atlantic Dynamite and California Fow-
der WORKS, sOc ana 81 respectively: California
street Cable aud Omnibus Cable. SOC and 4Oe re-
spectvely; Oakland Gas and san Francisco Gas
zoe and 35e respectively, and State Investment To-
surABce Company, soc per share.
The Clinton Consolidated mine In Am&dor is
credited by correspondent OF the Engineering
and Mining Journal with having paid eight dtYi-
dends OF $4,000 In 1891 The property has con
sst. OF 40 Recently the Macabo pro perty
of 200 acres was purchased for 81 IS 600. ana
added. II Is said that 5 100 900 Will be spent in I'm
provements
The GuaSucar9n assessment falls delinquent In
ONCE to-day and the Con. Imperial dellnQ sale
takes place also.
Mr.. L. Chappellett, President OF the Leopoldo
mine OF Topic, Mexico leaNes on the 18th inst to
Visit the property. He will be accompanied by Mr..
Ross r Browne the mining engineer who will
make \ careful examination OF the mine. 1t Is said
that valuable Developments have recently been
M ade, and the San francisco owners OF the mine
Fee greatly encouraged.
The following Official letters were placed on file
yesterday:
done Ia the southwest DRIFT 1900 level IN the past
week, owing 10 cutting out a station to put In a
Baker blower.
Cos. New YoRK-The raise from west crosscut
i. go level. is up distance of so feet; top In
quartz showing punches % fair ore.
SILVER HILL-The south drift from the just cs
shaft. 4SO level Is out 90 feet; face clay and
quartz
UTAH-The west drift from the shaft station has
been extended total length OF 2lO feet continuing
In porpbyry formation showing clay separations
aud some water.
OCCIDESTAL-rte Wine from west erosseut In
the south drift $50 level is down 6 feet in far
lace shows streazs or high-grads ore The north
driit 100 level is in SCI feet; face In quartz and
porphyry. The south drift $50 level Is ia 39l
feet; face in quartz and pOrphyry. The drift from
the Sutr0 tuuuel Is total distance OF Ala feet;
face in hard porpnyry