The morning call., 1894-03-08
THE STOCK MARKET.

inc market continued to advance yesterday and
many sellers who had sold Con- Cal and virginia
on account OF the assessment were compelled to
Duy the stock in at loss. good deal of strength
was shown in Ophir and Weyican ana sevar.l
thousands Of shares changed hands. with
"hlte buying. Nothing new was received
from the Oomstock during the day, Tues
oSys Virginia Chronicle contains the following {:
inere are three months yet the Rule contract
Win the Con. Virginia Company Will expire and
several hundred feet or ground to explore vet.
rom the 6eal feeling evinced at present. 1t would
S Sesm Dohanzas are expected to pop out without
petng sought, and II they do not there is some
tnlhg wrong. There four men working a
snaIt IN the Rule DRIFT at preseHt-two in the up
use 50 south OF the shaft aHd two IN the east
crosscut OFT feet south of Jhe same point-and
tue advancement OF operations is consequently
SLOW. MT. Rule, who fayors more rapid work
hopes that the Con. Virginia Company will in
crease the laboring force after awhile and prose-
cute explorations more vigorously. The main
orlIt is through heavy ground and requires atteh-
tlon also to keen IL open. The croSscut ABOVE
named is at present 20 feet out 1t viii prohaoly
De 1OO feet or more In length when II reaches ne
east wall or The ledge. IL IS running In favorable
eLo1hu ana mas many chauces ol oeToipPt ~; Sn
ore oooy. he ulralse sun mas ore SIeaNs IN tue
top which may run into big deposit at any mo-
nent mere Is plenty Of room Tor an mo- or 1oay
which are ga feet apart, ana Mr.. hule is Just as
certain as ever Of finding ore lhuS iar tne WORK
lngS in the ledge are all on theeast soe OF the Rule
drift. The west side offers he ID OF some proper
rions also. which will probably be tackled in due
time The prospecting operations Will necessarily
seem slower than the driving of the main drift
owing to the div ision OF Ia borers among the diff
ferent workings.
The assessment on Gould q Curry is delinquent
in the office to-day.
Silver was much better yesterday and sold up to
6O14c IN New York and 27Tsd in Lonaon,
The California Electric Light Company has de-
cGred the regular monthly dividend of is cents
per share. payable March Is.
The Edison Light and Power Company has de-
ciared monthly dividend of 6623c per share
payable March Is
The WaIker-Dsan Mining Company was tncor.
porated Yesterday: Its object is to operate mine
County. Directors-L, NJ. Walker w. n. Bach
man, NJ. Noe. I. r. Dean and j. L. Hoey. The
capital stock IS $l0O00O0. and $500, 900 has been
subscribed. OF that amount Walker subscribed
S2OO,OOO, and the others s 90 900 each.
In the Justice the winze from the Blaine tunnel
mas oeen sunk 60 total depth of 81 feet and
drift north and south on the Vein The north side
shoWs Width of feet and the south side feet
OF free-mtliug ore.
In the Seq Belcher the raise from the south
nected with the drift the 100 level but ir Will
require several days tn properly enlarge and tim
per the connection. The top of the raise shows a
width OF from TO feet OF fair grade ore. 1 he
east crosscut from the foot of the raise is out "a
feet The face is in exceptionally hard ground
In the Savage on the 1850 level the east erosscur
from the southeast drift started at point ITO
feet from the station advanced J. feet, total
length 40 feet face in porphyry and quartz giving
low aSsays On tDeIl1O0 level the west crOsscut
Irou 1ne north DRIFT started at point 1872 feet
north from the station advanced 27 feet. total
length 1863 feet: face Is in porphyry. The south
prospecting drift from the twelfth floor of this
level was advanced Is feet total length IS feet ::
face is in quartz giving some fair assays. The
south drift started in the east drift from the If
teenuh floor was advanced 2 feet, total length 80
leet: face is IN quartz giving low assays. The
sOuth prospecting drift from the ght eenth floor
advanced feet, total length 40 feet: face in
quartz some of which is being saved Tor pay