The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-11-19
THE STOCK MARKET.

There was falling off in both prices and bust
meas last week and the closing figures yesterday
showed a very sharp decline over those of the
previous week. The attendance in the stocx Ex-
cnange. however was large Work is
beng started up in number OF mines and the
working force in others is being gradually in
creased. The work now going on in the Con. Va. is
attracting the greatest attention at present.
Anent this worK the Virginia Chronicle contains
the following:
The Con Va shaft is now in good repair to the
1000 level and the work of cutting out the shaft
station IS IN progress. The repairs to the shaft
were completed on Tuesday aud the latter Work
q. then begun. The air pipes to the 1000 level are
all in and in working order. and the blower at
the mouth OF the air shaft was started yesterday.
and the sn merry whir Of the engines aud the ma
terias aud muddy CATS scattered about give the
The point where the excavation is being made
for The station is in good ground. and the work
gong ahead at speed commensurate with the
conditions, The station chamber VIII take
eraI days for its construction 1t will be about
feet wide IN the clear and feet high and between
20 and 80 feet In length back from the shaft AS
soon the st ttion has been completed drifting
toward the point where the ore body is said to
lay will be begun.
The drift viii be in virgin ground all the way to
the object point and also in the ledge or close
to it, The loration of the ore body is three or
four hundred feet in southrastery direction
from the station. and it is possible that will
be found any or several points along the entire
route The ground is good prospecting ground
all the waY. aud IL Will be nothing strange IL
pOsit OF ore IS found in IL.
As is well known, the Comstock ledge, running
north and SOUTH trends little north by east and
south by west. The kule DRIFT will cut across the
ledge IN the direction of south by east and the
relative positions of the drift and the ledge Will
be like the blades Of slightly open pair of shears.
1t WI thus be seen that, generally speaking. the
drift and the ledge Will be together all of the
time The Rule ore lies close 10 the east or hang
ing wall, and that part of the ledge has always
been most favored with discoveries. The project
seems to possess some very ENCOURAGING possibiIi-
cerely hoped it will. it Will pave the way to
greater extension of mining operations and
pIorations ana another era of local prosperity
The east crosscut on the north boundary line OF
feet and at present In soft porphyry. Since the
Rule project has been put under way this part of
Best d. Belcher has been au interesting quarter to
the public. Should body of ore be found in the
southern part OF Con. Virginia ground 5 a result
of the Rule operations 3 big impetus would I've
Belcher. There much virgin ground here and d
discovery OF magnitude is entirely within the
bounds ofreason-
The annual meeting of the Occidental Con-
taxes place tomorrow.
the Delinquent assessment sale OF the Crown
Point takes pace on Tuesday
In the Crow Point south drift has been
started from the slope going south from NO.
. crossrUC on the 100 level AMI has been extended
20 feet during the past wee The face IS in
quartz somewhat mixed with perphyry. The faee
san pies which run from SO to So per ton, are
nearly II gold. Repairing to the shaft from the
] go level 20 the 23D level Is still ulder way
In the Seq. Belcher work IN the mine has been
resumed ia the 1900 level raise which Is within a
few feet OF connecting with the south drift on the
100 level
Following are the Highest Prices During
the Past Week.