The morning call., 1893-01-10
THE STOCK MARKET.

Outside of a sharp advance in Potosi the mark ct
was lower yesterday and trading was quite dull
No news outside OF the usual weekly reports was
placed on fle Judging by the active purchases OF
Potosi there must have been something new re-
ceved by the insiders, but they did not have much
to say. On the early call of the Pacific Charley
HirschfeId jumped in and quickly took in all the
stock in sight up to 81 10 and several thousand
shares changed hands. On the carly call OF the big
board Epstein the principal buyer, and $50
shares were placed on record at 50 35@$2 40. The
balance OF the market was heavy Alter the call
Potos continued very lively at 81 1882 80 to
sales of 800 shares.
ON the $3.50 NJ call Potosi was quite strong at
81 40. but the balance of the list remained dull
closing steady. with POt0si selling at 81 40
NOTES
The annual meeting OF the Silver King takes place
to-day.
Silver sold down to s2s4c in New York yesterday
The annual meeting OF the Oceanic Steamship
Company has been called for the 2lst, and that OF
24th
The Hale Soreross Mining Company has levied
ment OF so cents per share.
At the annual election of officers OF the San Fran
cisco Stock Exchange yesterday the old board OF
officers were elected consisting of A. T. CONN pres
ident; w Edwards yicepresident: Fred W. Had
ley, secretary: George T. Marye, treasurer. and o.
V. Walker. caller.
They are extracting daily about two tons of the
average value of Si2 per ton car samples from the
Kentuck.
Bullion valued at $4,000 has been received from
the Mayfiower gravel mine
A shipment containing 549S fine ounces OF
bullion has been received from the Mt Dfablo
At the annual meeting of the Argenta Mining
Company Thomas Cole was elected president . L.
Brown vice president and r. r. Grayson, William
Bowers and II II. Todd directors. r. K. Grayson
elected secretary and q. w. Grayson
treasurer.
r. r. Keating superintendent of the Savage, is in
the city
During December there were worked at the
Nevada mill 1872 tons of POtosi ore. The gross
proceeds in bullion S3l 1853 20 and the cost OF
reducing the same $I0032. leaving net return Tor
the company OF $23.93S 70. The average assay
value OF the per ton $24 Az the gross aver
age per ton $la 06 and the net average per ton
$l3 O6. The mill worked the ore up to 10 per cent.
In the Hale & Noreross they are making the
necessary repairs and retimber.ng the main incline
above the l800-foOt level
1900 level-West cFoSscut !. 80 feet south OF
incline, started and advanced 10 feet; face In
porphyry. No. west erosscut was advanced 10
feet total length 2lS feet; face in porDhyry. west
crosscut was ADVANCED 10 feet; total length a
feet; face Ia quartz
f. Cab&Il the stockbroker died In this city yester-
day. Mr.. Cahi became member OF the San fran
cisco Stock Exchange on November 10, 1885, and
has been mem Der since until last wednesday,
when he transferred his seat TO his nephew. l.. +.
Cahil Jr During this twenty six years OF bis mem
bership he had the respect OF the entire business
community and for years one OF the leading In
SIDE brokers' His funeral Will take place at 10 A. NJ
W ed nesday and the San Francisco stock Exchange
Will close on that day in respect to his memory.