The morning call., 1893-03-10
THE STOCK MARKET.

There particular change in the market
yesterday until after the last call when Joe Marks
orders for ophlr created better feeling in that
stock, which influenced the bsIaace OF tho list
News received during the day reported \ further
Improvement In the north drift on the 1000 Level
OF Potosi. At pr sent the face of the DRIFT is in
good lunches OF asssyinS from SI2 50 to 1928
The Virginia Chronicle Says in ms connection that
the evsGa min has been partially closed down
the past few days but started uD wednesday In
full operation crushing Savage. Potosl and ChOlAr
ore. As the north drift the 600 level OF PotosI
is rapidly nearing the Chol.ar line that stock viii
eycutuatiy feel the effect OF tie ImproveIn ent.
] lie hoist engine and other machinery OF the 1865
Level o. OphIr are all IN position aud everything is
ready 10 begin SINKING az any moment. but it IS
QuIte possible mat this VIII not be done uutil Mr..
Mack'y arrives on tho CUmsJ0ck The difference
~ the wOtkingot last mouths from the Con.
Cat. Va. mine 10 explained by ! letter from Super
nteudent Lyman TO President Charles II, Fish.
Du-ing the month Of February there shipped
battery assay OF $27 Il per ton, but this was only
5on' or o@5a per cent OF the OAttery assay value
This discrepancy By Lymans explains by saying
1lIlt us poOI "oIhlS was uue 70 the ore orthg
tanning chips Of Old timbe which could not be
sspa ed from the par. All this material came from
the hlie IN very Wet condltion, having bee sStu-
rated with watrr that had been poured into the old
Slopes to eIttueuish the recent IRE. Now under
contract win the Consolidated California and Viz
gina Mining Company, the ComStock Miil and
Mining Company, owning the Morgan mill, guar
ahlee7 10 return ia bullion ~ per cent OF the aver
age battery assay OF the ore. The COmStOck AIul
anu 1ilHllS COMPANY, OF WuGl JUhu NJ. MdCkaT
and James l. Flood are the principal stockholders,
on learning OF the poor done last month,
prompt ' Instructed superintendent Lyman 10 re-
imbuise the Consolidated California ana Virginia
Tor the ~ per cent loss Inc loss amounts to be-
tween $500 and $1,000 and it viii probably be de-
Quoted from the mill bill.
NOTES
The assessment on Beleher is delinquent in ltne
board Tomorrow
An assessment of 2Oc per share has been levied
on the Sierra Nevada.
George r. Wells, the mining president and
operator IS confined to his residence with infam-
matOry rheumatism.
Tho weekIy reports of Gold Hill mines are as fol.
lows:
CHALLENGE Coz. AND OBSERVATION-DISCLOSURES pros
peciing on the upper levels stiI finding
some ore In small streaks and old filings which is
hOisted ana sent 10 the brunswick mill Tor reduc-
zion.
100 level north OF tue north wnze is out rs feet.
The face shows 70 phEry and quartz OF Va lie.
owing 10 = strong now of water in the south drift
from tie west CrOsScut, no progress has been made
In the face durlug the week. On the 400 ievei a
southwest dTi has been commenced which is out
a few feet We have on hand at the mine about
500 tons o. fair-Srade ore, and ars GaiY hosting
about 70 tons OF OF quality. This ore
will be Shipped to the mia for reduction few
days
CRowN PoINT-The west crosscur from the
400 level IS out total distance OF $50 feet The
face IS in a mixture OF quartz. clay nd porphyry.
win spots OF pay through The Slope above the
4oO eYel sEoWs no change OF Importance since last
report
The following dividends will be paid on the 5th:
California Powder. soc; Atlantic Dynamite, Acc;
land Hons Insurance, 75c; state Investment In
surance. zoe; Canfornia-street Cable, 5Oc; OmAibus
Cable, 40c.
Dividends will be paid to-day as follows: Pacific
$4,000 ana Spring VALLEY Water, sue per share,
or $50 GOO.