The morning call., 1893-11-02
THE STOCK MARKET.

Despite the general belief that the market
would break yesterday It stood firm, and several
thousand shares changed hands. The knowle edgC
that an assessment of 20 per share was TO bt
levied on Best & Becher caused many holders tC
dispose of their stock in hopes to be able to maxi
the assessment. but they were fooled again, al
good buying orders were on hand TO take all the
stock offered.
Nothing was received from Virginia City that
had any bearing on the market. Mr.. Rule:
health is rapidly improving and he has great
hopes OF being able TO 20 10 the ComstocS the
latter part OF next week.
The market opensd quite steady. and ophir was
in demand at 81 55 Mexican soc. Curry zoe. Best
A ReIChcr s. 6U0l 20 aud Con. Cal. & Va. SO %.
Variations OF 10 cents either way constituted the
entire change OF The day. aud the market cIesed
steady.
The assessment on Belle Isls is delinquent in
William : Lyle, the mining operator returned
from tie Vanderbilt district yesterday.
The aunu 4 meeting OF the stockholders OF the
Occidental Mining Company has been called Tor
Alyiuzs Hayward has gone TO Calaveras County
on mining business
The men employed at the summit mine were
laid off IssJ week. test run OF ore Is now belng
made AT tue Rndle mill, and II the result shows
taat the ore can he worked probably the men
Will be returned TO work.
The EureGa Morgan and Mexican mills on the
Carson River in operation. the Eureka work
Ing tailIugS auU the others crushing ore from the
The Kentuck Consolidated Mining Company has
$4,000 shares OF lis capital stock III It's treasury
forfeited tor nonpSyment OF the previous assess
ment. A dlStrlb button OF TINS STOCK among tue
pres holders o. the outstanding stock has oeen
ordered aS follows: Each holde T who has paid or
shall pay The present assessment OF ~ cents on OF
before the day of delinquency IS entitled 10 re
ceivr seven-tenthS OF share Tor each share o.
aSsessmeuUpaId stock. provided 10 cents per
privilege reciJed above.
The following from the Virginia Chronicle re-
Tfa
in the Consolidated California aud Virginia niue,
and otherwise describes the situation from q
ComstoCk point OF view: The Consolidated
Virginia shaft was opened up last FRIDAY ahC
operations begun in il after being closed down
for several months. This Is the inception OF the
work Of locating and developing the body OF ore
claimed 10 exist on the 1000 level OF the mine by
James &. huie. The work started IS under the
supervision of Foreman Charles Harper MI
HARPER arrived on the ComstOcK from san Fran
cisco Thursday morning and with a business-ilke
expedition got steam up and the WORK under
way by 3 O'clock IN the afternoon. The force
OF men under him ar present consists OF three en-
gineers, three fremen and twelve shattmen.
When the timberS OF the shatt and drifts have
been rehabiiitated and the task OF taking out dirt
begun carmen will be added TO the list Mr. Har
Per does lot apprehend much necessity tor repair
ing The shaIt tli The buO leVel IS reacheo $hu ne
expects 10 be 1T the point where the ore is TO be
sought for within month, albeit II may take
Ion ger period The ground where the ore Is 10 be
looked IS in SOutheasterly direction from the
Con. Virginia SHAFT, toward the Best IL Belcher
possessions and the particular point of eXplora-
lion is 40 feet below The 1000 level Of
the latter mine. According TO Rule. he dis
covered the body Just about the time
he fell out with his employers, while working The
mine under the Jones lease. de did not make
the discovery known nor uncover the ore Tor that
reason. he left II untouched ana worked away
from IL. as likewise did his successors, Superin-
Tendent PrendsrgaSI and Foreman William Har-
per, who operated on the same level later and
who were ignorant of Its existence. There is
much virgin ground at the point in question, and
q chance for big BODY of Mr.. Harper says
that people in san Francisco deeply interested
and very sanguine OF the success OF the project.
Everybody in Virginia is hopeful of It's success,
and the resumption of operations in the mine is
heralded with gladness. II a body of ore OF some
magnitude ana richness IS discovered 1t Will give
the Comstosk big lift"
Charles E. Elliot, the mining secretary, has gone
TO the country to regain his health.
Joseph Gassman for many years cashier with
Otis q Co, stockholders, has been taken into part
pershiD in the firm.