The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-09-18
THE STOCK MARKET.

Stocks continue to drag along at unchanged
prices, with very quiet trading.
The Crown Point assessment falls delinquent in
board and the Bullion assessment in Office to-day
The Mercur Mining Company of Utah has de-
clared dividend of 1212c per share, amounting
to $4,000, payable September 20.
The Swansea Mining Company OF Utah paid a
dividend of sc per share, amounting to $4,000, on
September Is.
The Centennial Eureka Mining Company of Tin
tic district, Utah, paid dividend of 81 per share,
amounting TO $4,000, on September Is.
special meeting of the stockholders Of the
Kentuck Consolidated will be held to-day to
authorize the directors to dispose of large amount
OF the capital stock which is in the COMMANDS
treasury.
At the annual meeting of the Mono YESTERDAY
stock were rep resented. The remaining I 4 3OIJ
shares are IN he company's treasury .Tbs toIioS,
ing directors were elected: n. Westheimer Charles
E. Paxton, = L. AcKerman, George c. Hickox
and A Herman n. Westheimer elected
president: Charles l. Paxton Vce-president. +
W. Pew, secretary; Anglo California Bank treas
urer; and Il. G. Brown, superintendent
Il was resolved at the stockholders m Getting to
aell all the property of the Mono Mining COMPANY
10 the Standard Consolidated Mining Companv
which is 10 be reorganized with increase OF can
ital from $lO,O0O,O00, in 100000 shares of Sl0O
par vaiue each, TO $2O,000000. in 100000 sh ares
Bulwer Con mining companies is also o be decided
TO the standard, and in exchange the companleE
thus selling Will receive shares In the 70 lowing
PROPORTIONS: Bodle Con- share of new or 2 of
Old; Bulwer Con-, for g. and Mono l for 6 All
the stock IN the treasures of the selling companies
IS TO De wiped out, the basis being the mum Der
OF shares outstanding I he new COMPANY is 10 he
managed by one set Of officers, and the vast area
of mining ground is to be developed economicsJlv
TOR what 1t is worth. The new ock will be listed
at the local boards and also in New YORK. and per-
b ps in LonoOn.
II the Crown Point mine the east crosscut on the
lOO level started last week, is out 25 feet the
race oelns IN Quartz OF low assay value In the
south raise from the 700 level are opening 10 the
west on the eleventh floor in quartz assayinp from
81 10 81 per ton. Are also engaged In putting in
a chute In the-raSe from the 800 10 the 700 level
which is no@ nearly completed.
he joint onhdence, Challenge Consolid ated
and Conso idated Imperial west crosscut ] from
the surface tunnel is out 713 feet, feet having
been addeo during the week. The face shows nor.
phyry. In other parts of the mine general repairs
have been going
The yield Of the Belcher mine for tn past week
was sixtyfive mining carloads of ore of the aver
age car sample assay of $50 O5 per tom
The Segregated Bell her mine yielded twenty
i've mining carloads of ore averaging per car sam
pie, SIT 25 per ton, during The past v eek
No ore was extracted from the Confidence mine
during The past week. The 10, mt work with IN o
Challenge Con. and Con. Imperial com panies else
where described, done.
The yield of the Overman mine for the mast
week was II tons and 1125 pounds of ore the
average battery assay of which was $23 10 per
ton.
TENDER IL for the purpose of making some neces-
sary repairs to the gallows frame and foundation
and around the collar of the shaft. 1t will require
about two weeks complete the work A the
time work was suspended there was little change
IN the condition OF the mine. The streak of quartz
in the face of the south drift the $50 level nre-
vioUsy reported had become lower In grade on
the Brunswick lode at shaft the north drift ON
the 500 evel is in 81 feet north of the savage
south boundary line. The lace IS in porphyry and
clay. On the 400 level the station has been com
pieted and north DRIFT started, which Is out 3
feet, being run Jointly By the Savage and Hale d
Noscross companies.