The morning call., 1893-10-17
THE STOCK MARKET.

Despite the unfavorsble report from the Con.
Cal. & Va placed file yesterday the stock was
in demand and sold up on each succeeding call
The market opened weak and heavy the early
call OF the Parifc Board but under the active pur-
chases of Marks Epstein and Greenebaum the
stock sold from 81 65 up TO 81 25, the closing
price yesterday afternoon in the San Francisco
Board. Trading was quite active during the day
and bets were freely offered that the stock would
sell up to $50 before the first day OF January
1894. Tho balance OF the north end stocks fol-
lowed suit. and the market had strong upward
tendency at the close.
NOTES
The annual meeting OF the Alpha Con. has been
called for October 81.
Silver was steady at 73c in New York yesterday
and at 33 I1-16d in ondon.
Bullion valued at $2200 has been received from
the Mayfiower Gravel Mining Company.
Z. Miller, the mining operator, is dangerously
Ill at his residence
Kentuek Con. MiBing Company has been called
for october 81 to decide what disposition shall be
made of the stock which is in the company's
treasury.
At the annual meeting of the May flower Gravel
Mining Company 1857 shares were represented
and the following officers elected for the eusuing
year: F. ChappelIet, president: f. II. Green, vice
president; directors-Charies Mayne w. Zeilo
and II. BendeL ID. NJ. Kent was reelected secre-
tary and lis financial statement showed credit
of $20,l96 During the year the company pro-
dUced sl68.O00 and paid out $4,000 in divl-
dends.
The aunual meeting OF the stockholders Of the
Con. Cal & Va. Mining Company was held yester-
day. and 1856 S3S shares OF the capital stock were
represented The following officers were elected
for the ensuing year: Charles Ii. Pish president,
and George Z. wis president, Z. OConnor
william s. Lyle and Nat +. Messer, directors.
A. W. Havens was re. elected secretary. and his
financial statement showed a credit of $6l 656 "a.
The bullion statement OF the Con- Cal q va lor
the year is follows: Worked at Morgan mill,
25 6l3 tons of Bullion produced - gold,
$2sS,6 1853 n; silver. $235.553 At; total $524,-
1875 IA. Average yield in bullion per tou-gold,
81 II; silver 50 49, Assay value OF ore per ton
per battery samples-gOld. $l3 O7; silver. sl2 II;
rosd-car samples 500 A. Additional bullion for
year 1892: Gold sl57 IL; silver $1l7 II; total,
s274 80. samples aud sweepngs In assay office
gold, S637 "a: silver, s645 II; total. Sl3O3 IL.
Slsg In assay Office - gold $3343 So; silver,
PA195 70; total 1874 81. Grand totals-gold,
S4S63 ga: silver S395S 76; total, 3S322 40.
Herman Zadtg offered the following resolution
which WAS unanimously adopted:
WHEREAS. James Rule claims to know OF the
existence and location OF a valuable body OF gold
ana silver ore ia the Con. Cal. & va. mine above
the % evel. and offered for consideration TO
| uncover said ore,
ResoLved, That the directors of the said COM
pany are hereby empow cred and directed TO enter
into the work OF extracting said ore by providing
men, mining implements and material for that
purpose 10 the value of not 20 exceed $4,000 per
month for not Uore than SIX months, and In the
event OF discovery of q valuable body of
within the time specified, the directors are
authoriz to pay to said Rule 10 per cent of the
net proceeds OF said BODY of until the said 10
per cent shall amount TO $1,000