The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-01-13
THE STOCK MARKET.

Business was resumed IN the san Francisco STOCK
Exchange yesterday Prices failed 10 hold, how
ever, and Porosi received quite cut under heavy
sales. No news of any Importance received
outside of the usual weakly reports from the Gold
Hill mines. These reports were anything but en-
couraging ana the strength In BeIcher stock was
surprise.
On the early call OF the Pacific Kraus and Gau-
ther were heavy sellers of Potosi at - 35. HTsch-
field purchased several thousand shares and 1T
looked as If the market would do better In the big
board Here Joe King the seller and broke the
price TO So %. with Joe Marks buying, and 700
shares were placed record ophr sold at 81 50,
Mexican 81 40, Curry csc. Best Beleher 81 AZ,
Sierra Neyada 81 40, Union 81 Is and Con. Cal IL
Va. 81 05. BeIcher jumped to 81 90 under sales or
225O shares. No change was to be seen in the bal
anee OF the list
and 300 shares were disposed OF down to 81 70.
and the sales OF Bacon the 2:30 P. M call cut 1t
TO So 10 The balance OF the market showed but
little II any change. The close was steady.
NOTES
The assessments on Utah and Con. Cab & Va. are
delinquent In the boards to-day.
william S. Lyle, tine mining operator, returned
from the South yesterday.
The lnyo Marble Company has levied an assess
1he Diamond Greek Con Mining Company has
levied an assessment of y cents per share. dein-
The Champion Mining Company has declared
dividend OF 10 cents per share yable on the 10TH
The CruikShank Mining Company has levied
assessment of 10 cents per share. elinquent Feb
Tuary TO-
Colo, on account OF the low price of silver.
Sixteen miners have been drafted from the Bel
cher during the week.
Silver was point lower yesterday selling at SIC
In New York and 80 "a In London.
At the annual meeting of the stockholders OF the
Bullion Mining Company about 80 600 shares were
represented and the following Officers elected for
the ensuing year: Thomas Cole president; Thomas
Anderson, vice-presdent, and Charles Hirschfed,
Z. W kellogg ana j. H. souther. directors r. X.
ten superintendent The seeretar,'s hSsncial
state nent showed credit of $3.50 81.
superintendent Lyman of the Con. Cal. 81 Va.
Whites undsr date OF the / 18th inst. as follows:
- intend to go TO the 400 within week or two
and try TO recover our airDlpe and track that we
had TO abandon at the time OF the fire. We cannot
work there at present, and in very short time all
the drifts Will close from ground pressure. On the
l5OO the slope IS cooling on gradually. During our
abandonment OF the 500 stope the ore chute and
gaueway through which We send the ore from the
floors above ana hoist timbers up crushed and
closed that il viii take fiye days to make
necessary repairs TO use them again When this
work is done we VIII resume ore extraction from
that point"
CARED dividend OF % cents. payable on Tbs 18th.
Tae Oakland Home Insurance Company VIII pay
the usual monthIy dividend of rs cents on Monday.
Following are copies OF weekly letters from Gold
Hi mines n led at the local Offices YESTERDAY:
SEG BELcHER-The west crOsscut from the
sou lateral drit' ON the 1909 level has been ad-
vanced 25 feet during the week and is now ont IS
feet The lace is IN porphyry, clay aud streaSs OF
ton
Coz. IMrKR1AL-Are stn hosting and shipping
TO the Brunswick mill Tor reduction some found
in small Streaks and Old filings the upper
levels
crown PorNT-The west crosscut from the
southwest drft, 1850 feet south OF the shaft the
400 level. has been advanced 23 feet since last
weekly letter. Its total length is l79 feet
The face is In mixture OF Dorphyry and clay.
The pay streak on the floors above che leo ieveD
present no change o. tmportaGc &C for he week. We
have about exhausted The stGpe under the track at
this point.
BELcHER-we have completed the timberlng OF
the south drift the $40 level and have started
crosseut from II Just north OF tBe raise.
and which is 80 feet. 1t has passed through
formation composed OF porphyry and clay aud tue
facets still ia that material. The north DRIFT
the $50 level is cut SO feet north or the north
wuZe, having been advanced 20 feet since last
port The face IS In pOrphYFy aud streass OF low
grade In the south stope we are opening out
above the south drift n ON the west crOsScut $50
south face and about feet wide ia the face.
The rock is OF fair grade. In the north st0pe from
the north Vino have about exhausted the pay
going south. No advance has been made to the
north since last report Have shipped 10 the Bruins
wick milt for reduction during the past week 425
tons and $40 pounds OF ore, the average battery
essay o. when was s2s - per ron. shipments or
ore have been stopped for the present until enough
can be accumu aJed at the mine dump permit of
REGULAR daily shipments.
JUsrIcE-rhe sosth drift from the north stope
above the S22 level. has been advanced feet dur
ing the week aud is out 81 feet. There IS a
streak OF pay In the face a5Out4 feet IN width tire
We now stopping about eight tons OF ore per day.
the car samples OF which range from $40 TO $50 per
ton.
OvERMAN-Extracted from 100 level IL tons
per ton. shipped TO Vivian l2j and 10
pounds OF ore. Battery assays averaged $l7 Is per
ton.
CONFIDENCE AND CHALLENGE CoSsoIIDATED-
The joint west cTosseut from the main north drift
on tho surface level is out feet The face shows
porphyry. The loint west crosscut ! on the same
value. Are still hosting ana shipping ore TO the
Brunswick mill for reduction.