The morning call., 1894-10-16
THE STOCK MARKET.

The market opened weak and heavy yesterday
despite the glowing reports OF the superihtehu-
ents placed on file. Large blocks OF STOCK were
thrown pom the market by leading orokers, anu
after the 2.30 NJ. call prices went GOWN WIN :,
20 attempt was made to stop the oreaA anu
the market closed very weak
NOTES
Silver steady at b5%Sc III new hoiA' az"
The assessment on the Alta is delinquent in the
office tomorrow.
AT the annual meeting of the stockholders OF
the Exchequer Mining Company $3.50 shares
were represented ana the following once ers
elected to serve for the ensuing year; Charies
Hirschfeld, president; A. X p. Harmon, vice
president; direGtorsLO " artes HaIes' EIiof was
reelected secretary and his financial statement
showed a credit of S3306 O3.
At the annual meeting of the Con. Cai. q va,
Mining Company Yesterday 1877 ,1lS shares were
represented and the following officers elected to
serve for the ensuing year. Charles Ii Fish, presi-
dent; George Il. Wells, vice-president; and Nat
4. Messer, H. Zadig and C. o'Connor, directors.
A. w. Havens elected secretary and D. b.
Lyman superintendent. The secretary's financial
statement showed a credit balance of $l65,556 80.
The superintendents report for the year shows
that the aggregate quantity of ore which was e1
tracted from different points in the mine in the
time mentioned amounted to 1100 14lO-2OoO
tons all OF which was mliled by The Comstock
Mill and Mining Company at the Morgan mill.
and from this ore there was produced bullion OF
the assay value of $362,79S 66, which shows an
average yield of S6l O91a per ton. This bullion
carried S. 50,269 SO in gold and S212,o23 40 In
silver he coin value of this bullion amounted
to 1882. 1873 33.
According to Mr.. Lymans belief the most i'm:
portant work done the 1000 level, OF
From the main northwest drift at point 81
feet south from its junction with the main west
drift from the c. & c. shaft, an npraise has been
carried up 80 feet. and from the Top OF thls up
raise an east crosseut has been run 80 feet AT
point 90 feet IN from the mouth of this crosscuI
some streaks OF ore cut and ten tons OF ore
were extracted therefrom, which assayed $50 so
Il
advanced 35 feet, passing through porphyry ana
floor of this leve. a north drift was run go rect,
and from this north drift. at point 2uO ieet IN,
an ore srreak one and onehalf feet in thickness
was cut, and in working upward on This streak
few tons of ore we're extracted which assayed
$50 per ton.
go feet below the sill floor OF this level in the
tra part of the California ground III the ear 1898
we have carried Tho work of prospecting and
of extracting ore continuously during the past
year In the early part OF the year the ore e1-
winze Our slopes from this point upward and
downward were extended TO the south and south
west a distance of 100 feet, varying in width
in quartz formation which carried punches and
streaks OF asSaying on the average about $36
per ton which was saved out of the mass of quartz
which TOO low in value to pay for extraction
IN the month Of April last in working south
from the top OF an upraise which had been car
red up from below to the sill floor of the 1850
font level and on reaching point I2O feet south
from the w1nze, we cut through feet OF high
grade his valuable discovery led to The
opening to the south of body l2O feet in
lenGln varying In Wldtn from IL TO "a feet. ne
ore has been followed ana found TO be continuous
down TO the l700foot level. and of good quality
all the way. This ore body has Southerly trend
with an easterly dip, and lies on the west wall. In
extracting ore from this body slopes have
been carried upward from the Sill floor of the
17uOfoot level to height OF 90 feet, or to point
z feet above the sill floor OF the 1650foot level
At the top the openings so far made are small, as
the work OF deve! !opment there has only been
commenced The indications seem most favora-
bic for an upward continuation of the ore body
and for It's yielding valuable in that direction
The faces OF the slopes the fourth. fifth, sixth,
seventh. eighth, ninth and tenth floors all in
ore OF good quality. The last floor (the tenth) is
two floors above the sill hocr OF the 1650-foot
level.