The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-08-10
THE STOCK MARKET.

The market heavy yesterday and prices
shaded off under light sales. Nothing OF any I'M
portance was received from the Comstock during
the day but it was learned from Messrs. Zodig and
Edwards. who returned from Virginia City, that
the project TO reduce expenses along the lode was
meeting with considerable announcement. Al
ready has the water company made reduction in
its charges. the railroad company has promised
to reduce its rates and the Miners Union Is under
stood to be considering the matter Of compromis
ing on So so per day The plan to close down
either the savage Norcr0ss shaft has not been
definitely settled yet, and the Virginia Chron-
icle has the following IN relation to the matter:
Charles II. Fish and erman Zadig. directors
OF the Savage Mining Company. and John W.
Twigcs and Colonel William Edwards. directors
of the Hale Is Norcross. arrived Saturday night
from Sa francisco, The object OF their visit to
the Comstock is to ascertain whether il is advis-
able to shut down either the Savage or the Hale h
Norcross shaft and to work both mines. which
adjoining, through one o. those outlets be
gentlemen since their arrival have visited the
underground workings of both mines. but no con-
clusion has yet been arrived at in regard TO th-
matter. They VIII PROBABLY remain here until
shaft have been completed and eight o: the men
heretofore employed in repairing the SHAFT ana
of. There are still few lett
NOTES.
Silver took a further advance YESTERDAY and
sold up to 75c in New YORK and 341ad in London.
The delinquent assessment sale OF the Peerless
takes place to-day
the C4stro-street Land Company has levied an
aSseSSm ent OF " cents snare uclIHquciil ccP-
The Waterloo Gold Mining Company has levied
assessment or 10 cents per snare, delinquent
September g.
Sixteen men were drafted from the Chollar and
Potusi last Saturday. still leaving force OF 80
in the two mines.
test run OF between thirty and forty tons OF
ore from K. A. Loean's mine near Como, made
LAST elk in the Taylor MILL gave satisfactory re-
Suits the go NJ a little over $40 a ton. Gold
predominates in the ore. and this makes II All oO-
jest to continue operations on the property.
The California Electric Light Company has de-
claren monthly div dend of 3 cents per snare,
payable August Is
The Edison Light and Power Company has de-
clared monthly dividend at the rate OF per
cent per anDum. payable August IS.
Following aie copies of weekly Letters just re-
ceiyed from Tuscarora mines: Navajo - he
Slopes above the 25U l-vel are looking about the
same: work has been di scontinued for the present
in the Slope above the 80 level Belle Isle
south intermediate l above the $50 level ex-
tended feet. looking about the same; No. raise
extended feet not looking as well
The Potosi received button during the month
of July that uetted the cor pany $3o,425.
The dividend OF 10 cents per share on TIL
Church Mining Company IS payable to-day.
IN the seq Fletcher the winze from the 100
vel south DRIFT to connect with tho top OF the
1900 raise is down ~ feet he bottom Is in
porphyry with stre-ks of quartz attaining spots
of running through ii. have resumed work
in the top the 100 level raise ard are rai'ing
an incline TO the west from top of the vertical
rafsa Advanced u feet during the wee5. Con-
time to a few trus of pay ore per day from
the streaks on the 11U0 level.