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

The past year was very hard on the average dealer
Prices declined until they are now at about the
lowest point in many years. No dividends were
declared. but instead unusually heavy assessme ns
were ievled During the year but one little attempt
was made to create any sort OF DEAL ana that was
in Beleher. The showing made on the 800 and 400
levels OF the mine led its managers to believe tn ut
they had at last found something of more than
usual importance. The consequence was that for q
Few days things were made very lively In the stock
AT present the showing there Is very encouraging.
as u Is also in several other leading northend an
altogether different state OF affairs.
An immense amount of dead work has been ac-
complished all along the lode. Stocks have sold
down to such figure that nearly every one has
been forced let co. with the result that the stocks
have been perforee concentrated into the hands OF
n few. Beginning with the year. long and
deep cut is 10 be made In the many heavy aud use
will opportunity for working at profit the
vast amount Of lowgrade ore. TAKEN aitogether,
the outlook for 1913 Is exceedingly bright and Is in
contrast to that which existed at tho beginning OF
the year just closed
The market opened strong and active yesterday.
with Savage ana Norcross the favorites Savage
sold up to 81 80 under sales OF 1000 shares, and
best q Beicher advanced to 81 b5. Curry 81, Next
can 81 40. Ophir ST 95. Sierra Nevada 81 So,
stocks Potosi was steady at ~ and Choflar at zoe
No change was TO be seen In the southenders.
After the GALA no particular change was TO be seen
and tue market was quite strong at the close.
NOTES.
The assessment OIL Yellow Jacket falls delinquent
In the beard on the 9Th
Nominal ons for officers OF the San Francisco
Stock Exchange for the ensuing year will be made
at the executive session next wednesday.
The assessment on Con- Imperial. which was
linquent In ONCE last Friday. has been postponed
until January 49, aud the sale day until February
The annual meeting OF tho Home Mutual Insur-
anee Company has been called tor January 10.
Il. Cahili Jr. VIII come up for election to the San
Francisco Stock Exchange on Wednesday.
The weekly reports or the Qu1otOas show that in
Peerless the DRIFT north from main working sn aft
on 800 level has been extended TO 14S feet. The
breast is stil In quartz for width and some ore OF
fair grade is being extracted
In the Crocker the scuth drift on the 800 level
has been extended to As feet since last report The
vein continues strong, and is producing of
fair grade.
Silver was unchanged yesterday. selling at s25sc
ia New FORK and 80 5-iod In London.
The Paehc Borax Company had declared dlyi-
dend OF 81, payable on the 10Th.
The Capital Gas Company OF Sacramento Will pay
quarterly dividend OF : per share next Tuesday.
The Security Savings Bank has declared diyI-
dend OF per cent per annum on term deposits and
10 Per cent per annum on ordinary deposits, pay
able January 3. The German savings and Loan
Society has declared a similar dividend OF 3 Lilo
term and Ala on ordinary deposits, payable on
the 80.
The Ontario mine has passed its December diyI
dend.
Following Are the Highest Prices During
the Past Week.