The San Francisco call., 1897-07-16
THE STOCK MARKET,

Mining stocks quiet yesterday and prices
showed no material change one way or the other
The Celifornia-stree. Cable Railroad Company
has reelected tie old management Tor 1897
with ]. B. Stetson president; Alfred BoreI g
Co., treasurer; ~, Der Ste;son secretary. and j.
w. Harris superintendent.
The delinquent assessment sale of the Rock
Island Gold and Silver Mining Company will be
held Ju.y 20.
A special meeting of the stockholders of the
the purpose of making disposition Of the stock In
the company's treasury. forfeited for non-pay'
ment OF the iast assessment
It the annual meeting OF the Savage Mining
Company yesterday The old management was
president, f. b. Holmes secretary and II. NJ.
Gorham superintendent
The Gree nhorn Blue Gravel mine in Siskiyou
County, is working a large force OF men, with q
payroll OF S12OO per month, and Is taking out rich
gravel
The Pennsylvania Mining Company OF Yuba
County has levied assessment OF IS per share,
deIii quent August1 i.
The Pacific Undertakers, a local corpoi alton,
has declared dividend of so cents per share pay
able Juiy 10.
Advices received yesterday stated that west
cfoSscut on the 500 level OF the sierra Nevada
mine was ia yesterday 35 feet with no change in
the formation, whit is composed chiefi' of softer
porphyry tnan that heretofore encountered, and
Is charged with sulphurets OF iron. The esti-
mated distance from the face OF the crosscut to
where the ore vein is expected TO be encountered
six feet of progress per day.
In the Crown Point mine east crosscut from
the southwest DRIFT on the seventh floor of the
S0O level raise was extended TO ID total length OF
20 feet and stopped as 1t reachtd d the east all.
In the southwest drift on the seventh floor Of The
SOU level raise they timbered and repaired for a
distance OF 80 feet. 1ney then resumed work in
the face of the drift and extended it IL feet,
making its To- al length 227 feet the face is in the
same material last reportrd-clay. porphyry
and quartz During the week they shipped 2n3
tons anu 1850 pounds of gold TO The Mexican
mill. This ore had accumulated in the dumps at
the mine.
The joint Confidence, Challenge Consolidated
and Consolidated Imperial west crosscu: from the
surface tunnel is out $50 feet, having been l.
vaDced IA feet for the wees; the face shows por-
phyTy. Repairs to the surface tunnel still
peng made
No WAS taken from the Confidence mine
during the past week AMI woTk in The west cross
from the upraise the fourth floor, 63 ieet
above the surface tunnel, continued susp nded
No work was done in the BeIcher mine during
the past week.
Work was SUSPENDED in the Segregated Becher
and Mdes Consolidated mine during the past
week.
In the Savage Mining Company's ground on the
ComStock lode. during the past week, the south
Grift from the top of the upraise above the sou
level attained total length of IA feet, the face
being in quartz giving ow assays. Tn, usual re-
pairs being made to the main shat. In the
cJmpaDy's ground on the brunswick lode sh aft
sunk 10 f-et the sloLe during the past
week; total depth $50 feet; the bott ON s in por
phyry. ON the 600 level h north drift from the
station advanced 19 feet: total length 7s
feet; the face is IN porphyry and seams of quartz
No work was done in the mine July o.