The morning call., 1893-01-05
THE STOCK MARKET.

The market opened active yestei day and prices
showed an advance at the beginning, but failed to
hold. and under the sales of Walls declined consd
erabiy the balance of the day. News from the
front stated that the connection between the east
and west drifts the 1000 level of Potosi was
made ON Tuesday. This Will give good ventilation
and active prospecting can now be carried on.
Drifting south on the 1000 level toward the Bul-
lion was begun yesterday.
Tuesdays Virginia Chronicle said: The eagine at
the Con. Virginia was started up this morning and
number of men put to work repairing the water
pipe running down the shaft. which was broken In
several places the 1900 level. The shaft
being upcast the effect in the breaks or the
water pipe. whereby the water dropped TO the
levels below retarded the escape OF gas through tue
creased perceptibly Three shifts OF four
each are at work on the 1900 level and two more
men Will shortly be added to each SHIFT. superin-
tendent Lyman expects be able to open the slopes
on the 1901 level before long. when the force OF
miners will no doubt be materially Increased"
on the $3.50 A. NJ call Ophir was In demand ana
advanced to 50 10. Marks bought Potosi up 10
50 40, and 300 shares were placed on record ri
no less than 1850 shares Of the iatters STOCK
being placed on record.
No change WIS to be seen in the blIanee of the
list until after the call, when they were all SUB
and the mark ct closed heavy at the recess.
on the 2:3O P. II. call prices were . point rover
and continued heavy after the call, ana showed
but little hsnge at the close
NOTES.
The Con New YORK reports cash balance OF
$7617 40 instead OF an Indebtedness W THAT
amount as incorrectly reported.
Euilion valued at $500 has been shipped from
the Copts.
The Mount Diabo Mining Company reports
credit or $i44l 50.
Bullion valued at s7495, net, has been rec evea
by the Potosl
Colonel j. b. Low, the mining expert. has re-
turned from the East,
e. Cshii Jr was elected member OF the San
Francisco Stock Exchange yesterday.
The members of the San francisco STOCK Elk
change have renominated all OF the old oincers Tor
the ensuing year The election Will lie held next
Monday
The annual meeting of the Utah Mining Company
has been called for January 20.
The annual meeting OF the PaJaro valley Railroad
Company has been called for the 18TH
Silver showed no particular change yesterday.
Sales made in New y ork at 81 lac and In Lon
don at 2S1sd.
The weekly report OF the Savage SHOWS that dur
ing the week they have hoisted 496 cars Oh ore
from the 800, 100 and l400 ievels shipped 10 the
Nevada mill 625 tons and milled b25 TONS Inc
average car sample assay was $25 II, average bat
terry assay S24 IA; bullion yield Tor the week,
SSS72 5U shipped to the UnttediStates mint at
carson January 3. 1874 pounds OF bullion. On the
$50 level. at point 100 feet south OF the shait We
are SINKING wIuze from this main south DRIFT TO
connect with tie upraise from the HOO level ore
slopes This WINE is now down 10 feet In ore OF
fair grade on this / 100 level they are stopping ore
from the thirteenth floor up TO the seventeenth
floor. The upraise from the fourteenth moor mas
been carried 80 feet; top Is in ore OF good quail
ity. on the 1850 level the west crCSseut started
100 feet rom south boundary Is advanced 50
ward continuation OF the ore from the north stope
400 level The Joint north drift with the Gould u
Curry Company the Sufro-tunnel level was al
vanced is feet; face In hard porphyry.