The morning call., 1893-12-15
THE STOCK MARKET.

The market continued dull and heavy yesterday
without any material change in prices. Advces
from Virginia City stated that the repairs to the
crank shaft would be completed to-day and work
started up again in the Rule drift on the 1000
level OF Con. Virginia sunday. The Virginia
Enterprise says that the fractured shaft has diam
eter OF inches and is Il "a feet In length The
new shaft will be OF the same dimensions. The
only theory advanced for the cause O the fracture
in the old shaft that IL had been in until it
had become crystallized. he point of fracture is
about the middle of the shaft 1t is fortunate
that the fracture discovered before the shaft
was entirely broken IN two, for in that event the
miners employed in the Rule drift and those on
the HOO level would have experienced some diff
Guilty in reaching the surface, as there is only
drift connecting the Con. rginIa with the
G. Il c. shaft, and that is on the 1900 level, and TO
CHI that DRIFT would necessiuate descent OF 400
feet down a slippery shaft without ladders
About 100 tons of ore has accumulated in the
bins of the ore dump at tHe c. II g. g. aft his is
almost daily added TO by extracting punches
conntered in exp orations below the 1850 level.
The ore in The bins will average about $40 per
ton. No shipments Will be made until a suficrnt
quantity is accumulated. with enough uncovered
in the mine TO make 1t an object TO start the Nor
gan mill. There is q large area of virgin ground
at the point where explorations are IN progress.
and the prospect is considered favorable for more
important Developments.
NOTES.
Bullion valued at S4422 l9 has been sent TO the
Carson mint from the Bulwer Con.
dividend OF l0c per share has been declared
on the Mayfiower Gravel. payable December 20.
oliver WAS slcduy yesterday al OSI2c IN new
York ana S2d in London.
In the Seq. Beleher they have advanced the
north DIR IT from the south raise above the HOO
Level feet. total length l9 feet. The face is in
vein formation composed OF porphyry and quartz
showing spots OF ore. The south drift from the
1900 level raise has been advanced IL feet. total
length 81 feet. The face is in mixture OF por-
phyry and low-grade quartz. Have started araise
from the 100 level from south DRIFT a small
streak of quartz showing punches of pay.
the Justice the blaine tunnel is now out a
total distance of 264 feet having been advanced
81 feet during the week he face is in a mixture
OF porphyry and quartz giving low assays.
The Engineering and Mining Journal OF New
YORK reports S337.S00 paid In dividends in No
vember hy twenty-one mines and $500, 400 for
the frat eleven months of the year by ffry-thr~e
mines. The last-named total includes 81 200. 900
by the Calumet aud Hecla copper mine of Michi-
gan, 81 so. 600 by the Noble Gibson silver mine
of Montana, $4,000 by the De amar gold mine
of Idaho and $4,000 by the Minnesota iron mine
OF Minnesota
The Copper Queen Mining Company OF Arizona
paid dividend OF $4,000 in November, making
$500, 900 for the year.
The Great Western quicksilver mine OF Cali
fornia is credited by the Journal with paving a
dividend of S12500 in November and $l37 800
for the year.
The Golden Reward mine paid dividend OF
$1,000 IN November and $55 600 for the year.
The Cleopatra mine paid S27,5U0 In November
and S4l2, 500 for the year.
The journal credits the Kennedy mine OF Cali
fornia with paying s550,000 for the year.