The morning call., 1894-05-02
THE STOCK MARKET.

The north-enu portion of the stock market
opened weak and heavy yesterday. and prices de-
clined few cents. On the other hand strong
demand was made for the south-end stocks, and
an advance under lively sales took place. Tele-
grams received during the day stated that an in
crease in he working force of the Con. Cal. and
Virginia and Ophir had been made. Twelve men
had bsen put to work in the 1850 level of Con-
Cal and Virginia and twelve at work prosecuting
in the central tunnel. News from the mines in
was quite terially affected as the day advanced
and had healthy tone at the close
NOTES.
The delinquent assessment sale of the Potosi
takes place to-day.
An assessment of rs cents per share has been
levied on the Hale & Norcross.
The annual meeting of the East Sierra Nevada
Mining Company has been called for May Ia.
The annual meeting OF the Scorpion Mining
Company has been called for the 18th.
In the Occidental from the west ledge above the
400 Level we continue TO extract about tons OF
ore per week, showing an average value of sac per
ton.
In the vest Con. Va. & Cal curing the past week
the west crosScut on the 100 level run from
point $40 feet north of the shaft station has been
extended % feet. and is now in total distance of
rs 3 feet The face in hard quartzite. The flow
of water is unchanged since last report.
In the Kentuck from the east crosscut on the
1885 level we have started south drift In ore OF
fair quality. 1900 level-The south drift from the
Yellow jacket incline is in to al distance OF so
feet, the face in low-grade gold ore.
The Virginia Chronicle OF Monday said: "Ihe
Oomstoek mining outlook is bright at present and
growing brighter. That brilliant old ore-produeer
ana leader of the lode, Con. Virginia, seems TO be
upon the Of yielding another bonanza to the
world. 1t is reported to-day that the body OF
struck on the 1850 level is growing both in mag
nitude and value. The workings that first opened
the ore are the sill floor of the 1850 at point
l 20 feet south of Wine from that level
south drift from the winze leads to Them Last
weeks letter showed that the had been
tapped again Ia feet lower down and that a south
drift had been driven 51a feet into it.
and that it assayed nearly $50 per ton.
To-day it is said that the is making
away from the old workings toward the
south and west into ground and that its
boundaries still even approximately TO be as
certained.
"The chances at present are that the deposit Will
prove to be very large and rich, but some time
will yet be required to tell the tale. Vigorous ex-
poratory work has again been resumed at the
Belcher mine in Gold Hill. A night shift of half
a dozen put to work there few days
ago. and pre- sp-cting will be pushed at a rapid
pace on the 800 level. There is good ore on the
line of the Crown Point mine on the $50 level of
Fletcher and the present work is for the purpose
OF developing it the prospects at that point are
better at present than ever heretofore. There are
several hundred tons OF ore being shipped from
the Hale & NorcrosS mine TO the Brunswick mill,
which will pay the mines expenses for some
time"
Geary-street cable is now paying a dividend of