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

The market opened very strong and active yes
terdAy, Virginia City orders came pouring in,
ana the consequence a sharp advance in
prices under very active sales. The north end
STOCKS were the favorites, and Con. Cal q Va.
sold up to 81, but fell back trife as the day ad-
Y2heed. 1t is reported that high-grade ore has
been found in the south drift on the 17OO-foot
level and that the 165O-foot workings continue
10 improve as opened up. This is quite sufficient
TO cause very decided change in affairs on Pine
street and as is shown by the large quantities of
stock which changed hands yesterday the public
are.wfiling to take their chances
On the early call of the Pacific Bannan, Miles
Goldman and others had very active buying or
Gers, and one leading broker took in over 25UO
shares of Con- Cal & Va alone. In the big board
ithere was little less excitement on the regular
cA!I, put sIter the call Con. Cal Va. huctuated
: between S3 SO94, and NO less than 400 shares
changed hands.
::ophir was active at 50 1922 25, and 1900 shares
were placed on record The balance OF the list
followed suit, and the market mad very healthy
tone atthe close last evening.
NOTES.
Silver was steady at 621ac in New York yester-
day and at 2S 1l-16d in Lonuon.
=: An assessment of 25e per share has been levied
The Spring Valley Water Company has declared
. a dividend OF SOC per share. payable the 10th
The official letter from the Crown Point mine
Ior me past week says: The west crosscut from
= the f2ce OF the south drift the 500-foot level
:is In 53 feet The face is in pOrphyry mixed with
:: quartz OF no value. We have extracted from the
:stopes above the 60O-fOot level. and between tho
900 and 700 levels TIC tons and 1850 pounds
:: o1 R3lo' ore during the past week, which has
oeen ser 10 the Mexican mill Tor reduction, or
Lo1aI Shipment for the month OF 1888 tons and
1890 pounds We have SUSPENDED work In the
fmlue with the exception of some minor repairs,
4htll the exact returns OF the be obtained.
We. expect the cleanup some time during the
week
The Belcher letter for the past week says: The
work or repairing the machinery is still going on
consequently opt rations in the mine nave not
'D@en resumed. We xpect TO have the machinery
al an Feauy In lew days when work al al polhtS
Ip the mine Will be again started
Ihe official letter from the BUdte Con. nine OF
the week ending July % says: Sou.h dTIt oO Ieel
.'aboYe the 400 level. extended 10 teeL Up
ralSe from main south dTiiI 400 level, was eG-
:: tended Is feet. Upraise from south drift from
: o. uprslse, 80 feet above the 3OJ ieVel was eG-
: tended l feet. The ore in the face is from To
= 10 inches wide and Of good quality. CpraSe No.
s. On the 800 level. was extended feet. We are
getting fSiI milling ore from tue stope ABOVE
the north drift from No. west crosScut on the
300 level Number of tons Of ore holsted anu IN
.'orehouse to-day, 147 TONS all nom the workings
on the 500 level
10 In the Savage during the week they have hoisted
:. So ears ore. Car samples average SZ4 OS.
Shipped to the eyada mill Z7O tons and milled
800 tons. Battery sample average ST 39. But
lion yield for the week. S323l 80. From the face
OF the east drift 1000 level have started north
and south lateral drifts following course OF the
quartz body: these drifts are advanced, respec-
lively l. and 10 feet in quartz carrying punches
OF fair grade ore.
In the Justice the branch drift from the Justice
drain tunnel advanced 40 feet during th4
week: face contiuues in l0w-grade quartz Tns
. DRIFT has nearly reached the point vest OF the
main Justice shaft where they expect come up
with the opening from the Blaine tunnel.