The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-02-18
THE STOCK MARKET.

The past week was rather lively IN mining cir
| Giles and prices advanced. Fortunately Tor all
/ concerned, an imprOvem ent in several OF the
leading mines has taken place and given stability
TO the market. The latest Improvement is on the
$50 level OF Potosi where they are said to be in
ore feet in width, assaying from 50 to $40 per
ton. James Rule has gone to the Comstock. and
viii begin prosecuting from the Rule drift at an
early date It expected that connection be-
tween the Rule drift and the northerly workings
of the Best & Belcher would be made to-day
Anent this work Fridays Virginia Chronicle con-
tains following: 'TO-day's weekly report shows
the Best a Becher connecting drift to be within
40 feet OF the Winze-the connecting point with
the Rule DRIFT. A set OF square timbers was taken
down the Con-. Virginia shaft to-day to be used in
the raise that VIII IN ke the connection. This in
dicaJes that raising has either already egun or
Will begin Immediately. AT all events tn drifts
are In close proximity and the connection Will in
all probability be made early next week
The market continued strong and active yester-
day and slight advance in prices was to be seen
all along the line. The middle stocks and Union
ana sierra Nevada were in particular demand
and Will be seen by the superIntendents oficiai
reports. published below. it is net without reason
oINer was strong yesterday, selling at 635sc
In New YORK and 29Isd In London.
Inc following assessments are delinquent in the
boards this week: The Alpha tomorrow and the
bullion and the Iowa on the 25d and 24tn re-
The assessment on the Occidental is delinquent
IA N the once tomorrow. and that on the Sierra
Nevada on Tuesday
The annual meeting of the Standard Con. takes
place tomorrow
rue lolloWlnp ofncla reports were placed on hle
IN Virginia City yesterday:
PoTost-The south drift on the $50 level has
advanced 81 feet, total length "a feet The last
/ 3 feet has been IN quartz running southeast and
northwest. containing little water and assayIng
from 50 70 SIS per ton The east croSscut so o
teet south of the north line $50 level. is out las
feet; face in soft'Dorphyry.
.CHoi.T&AR-Extracted and sent to the mill the
past week 50 tons and 1900 pounds o. ore from
the 100leveL MiTed during the week none; on
/ hand at tire mill no tons 400 pounds; average
car sample assay. $3l IS; are repairing the main
incline at the 1900 level.
SIERRA NEvADk-The south lateral drift from
! the intermediate tunnel has been advanced Is
feet total length 434 feet; lace in hard porphyry
the joint east crosscut near the north line from
the north drift, $40 feet west of shaft, 900 level
has been advanced % feet; total length. 81 feet;
formation passed through clay and porDhyry, with
occasional punches of quartz OF low assay value.
UNIGS. SHAfT-Tke Joint east crosscut near
north l1e rom the north Grtft 1920 feet west of
Shafts 0D: level has been advanced % feet total
lengti67 feet: formation passed. through clay and
porDnyrg with occasional buRcheS OF ore Of low
assay. value
BEsP:8 sBELcHER-9O0 level-The east crosscdt
/ which is being on our south boundary has
been advanced Is feet total length 34S feet: face
in hard porphyry. 1000 ievel-The northeast drift
which WAS from our main north drift has been
cleaned ana repaired 100 feet. total length 500
feet 400 evel-Stilf repairing on this level
started ia northwest drift 433 feet from the main
west DRIFT. has been extended u feet through
hard pcrphyry, fetal engIh 1874 feet
BULLIoN-The west drlft from the station $50
level Ward SHAFT is out 545 feet from tine shaft;
face in porphyry.
Following are the Highest Prices During