The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-04-21
THE STOCK MARKET.

Yesterday was regular old-time day in m ming
stocks. Prices advanced under lively sales, and
the brokers were kept on The jump executing
orders. Good news generally travels slowly. but IL
the attendance in the board is any criterion
It made an exception ia this case the exchanges
were unusually thronged. Private advices re-
ported important improvements in POtosl, and the
reports were borAe out By the actions OF the stocA
The Improvement Is in the cFOsScut the
ton. The raise from the 1000 level. however is
where the Insiders place their greatest hope. In
this raise the punches OF ore show great improve
ment ana are now averaging $50 In gold This is
an excellent showing. and II T. holds FOR few days
WI! give continued strength TO the market
Ore shipments from the Justice and Keutuck are
going on. The Washoe mill Sttrted up on Monday
on ore from the former mine and the Santiago mill
on hshlucH yesterday Tue lIOO IeYei OF Jacket
and kentuck continues to look well, but the JACKET
people are standing stu and allowing the stock to
The market opened with strong tone and the
active buying OF Cope, Marks. Paxton and Barrett
stock changed bands the early call, but ate the
call everything was very lively under sharp ad
vance,
Con. Cal. & Va sola up to So 80; Chollar to soc,
2990 shares; ophir to 81 GO and Potosi TO s. IS.
ON the , 80 P, NJ call the advance continued and
Potosi sold up TO 50 IS under sales OF 1900 shares
with the balance OF the market following suit.
After the call there was further advance under
Lively sales and the market closed very strong and
active
NOTES.
silver was steady yesterday at s3e In New York
The Parafino Paint Company has declared a regu-
iaf uiYl0tn1 lOf me quarter OF cents per share,
payable on ths .9th.
The Trinity gold placer mine, about four miles
from W eaveryille IN Trinity County, has become
the property of a syndicate OF Denver capitalists
At the head OF the syndicate Bailey. Glider Il
Co, the Denver bankers The purchase price OF the
property IS S250.OO0. The mine has been owned
by stock company. the principal shareholders Of
which were J.. NJ. Faulson and o. NJ. LUyeTidge.
Following copies Of weekly letters from Gold
Hill mines ON hle At their local off ,eS o DAY;
CROwS POINT-Ihe west croSscut from the top Of
the raise above the main west crOSscut from tho
SHAFT is now out % feet The face IS In hard por-
phyry. West crosscut ., 800 feet south OF the
shat on the 400 level. is out IS feet The face is
change worthy Of notice elsewhere in the mine
CHALLENGE Coz. AND CoSFIDESCE-Are stIll
finding some ore in small streaks and old filings
while prospecting on he upper levels.
BELCHER-On the 200 level the south drift from
so=th crusScut l IS in "A feet The face shows
porphyry. On the 300 level the northeast drift is
IN 50 feet. The face Is in purphyry ON the $50
level tho northeastdrft so feet north the north
Wine Is out 81 feet. The face shows porphyry
On the 460 level the southwest DRIFT IS in III feet
The face shows porphyry on the 600 level the
southwest DRIFT is IN 80 feet The face is In por-
Dhyry We have hOisted during the week 20 tons
OF fairgrade ore.
The Homer Gold Mining Company OF Nevada
County has elected the following officers for the
ensuing year: William J. Smith, president: Charles
GrOesinger, vlcepreSident. and Charles Stepp. An
drew Gotz and John Fischer directors Charles
Steup was elected treasurer and Charles j. Neg
gerty secretary. The president and several of the
trustees leave for the mine Saturday let con-
tra cts TO sink shafts aud prosecute the work of
opening up the mine again In businessIlke way.