The morning call., 1893-06-09
THE STOCK MARKET.

The market opened strong and active yesterday
under the leadership OF Yellow Jacket, which
was In demand and advanced under sales of sew
eraEthousand shares News received during the
DAY stated Jhat they were drifting both north and
south from the east crosscut the 100 level.
The breasts are in some of which is of very
hlgh grade In the Potosi they still at work
IN the north compartment OF the upraise from the
north drift $50 level. The north raise from the
lO0U level is about l35 feet the slope, with the
toy OF ore OF good quality, and in few days 1t
VIII connect with the north workings of the $50
lsvei. Then the north drift the $50 level will
be sent 10 follow the one toward the Chollar and
south drlft VIII be run from the Chollar 10 CON
meet with this north drift 1his work VIII open
considerable ground for Stopping and viii greatly
Improve the ventilation of the mine
VI lille the northend stocks did not show any
particular advance they had strong undertone,
which made them look as II they were being held
by a preconcerted movement and scarcity of
these stocks was noticeable. Jacket had the call
placed on record up to 81 40. with Marks Laing
aud Stauf buying After the cal trading con
tinued lively. Jacket jumped to 81 60, fell back
to 81 40 and closed strong at 81 so bid, and 443O
shares were placed on record. Potosi was also In
demand and SOLD up to 50 % under sales of 2l00
shares.
On the 2 80 p. NJ call the purchases of Morrow,
Staui and Marks OF yellow Jacket advanced the
stock to 81 10, and 2600 shares changed hands.
hentuck also advanced few cents, and sold up
to40 cents to sales of 250O shares.
The balance OF the list sc better under light
sales and the market closed strong and active,
with JacKet$l rs bid.
Silver was steady yesterday. selling at S314c in
New York and 3Si2 IN London.
The London and san Francisco Bank ilimited)
Is now paying IT'S usual semi-annuai dividend.
The Contra Costa Water Company has declared
a dividend OF soc per sharc, payahl. on the 10Th.
=- The California Electric Light Company has de-
c!ared a diyidend ol15c per share. payable the
18th
The South Eureka Mining Company has levied
an assessment "f lc per share, delinquent July IA
Inc Bulwer Consolidated offical letter for the
past week says; Crossrut from upraISe above
shuth DRIFT from intermediate crOsscut 2OOO
level was extended 2 feet W getting some
m Hing ore at this point South drift from cross
cut below the l0O level was extended 20 feet
Necommenced TO crush Bnlwer in the Bodie
mill on June l.,
I he l!aho Mining COMPANY of Grass Valley has
-deelsred dividend rs OF So per share.
George Zinmer for many years stock clerk with
Ives htoutenborough, Gied Wednesday even
lug after lingering ilines OF consumption.
he Evening star (Old 7-3O mine) Mining Com
pahy oI'Irtss valley have made quite an exten-
s;ve development " thin The last lew days They
have started crushing, and the Is assaying
$luO per ton, without the suIphurets which are OF
hi sh per cent
Following copies Of weekly letters from
Gold Hill mines which were filed at the different
local Offices OF the companies
lie iCHER-' the 800 level a west drift $50
feet north o. the shaft started during the
week ana Is now IN ten feet. This drift Is heing
tor The purpose OF Ventilation. on the $50 level
west drlit from the top of the raise 100 feet
shows por hyry On the 400 level the southwest
drift out Z66 feet. The face Is In porphyry
on the 500 ievel the southwest drift is out 222
feet. The face shows mixture OF porphyry and
quartz OF value. We holsted during the week
II tons of fair-grade ore.
CHALLENGE Cos. AND CoNFIDEHCE-While
prospecting on the upper level still find some
ore in small streaks aud odd fill ngs wiiieh Is
hoisted aud shipped to the brunswick mill for re-
ductiOn
GROWN PoINT.-The north drift from the west
crosscut on the 400 level 30 feet south of the
from t. feet in width lying fiat and Of fair
milling grade. The samples from it run from $l2