The San Francisco call., 1897-08-24
THE STOCK MARKET,

Occidental sold still higher yesterday, touching
36c The other stocks were also stronger and sew
eral advanced a few nts.
The ockland Gold Mining Company OF Nevada a
County has levied an assessment of Is cents per
share, delinquent September 20.
The directors Of the Geyser- Marion Mining Com
pany OF Utah b ave postponed the declaration OF
the monthly dividend for three weeks.
The Homestake mine of South Da Aota will pay
i dividend OF rs cents share on the 25ih.
Weekly reports from the mines follows:
Consolidated California and Virginia-1OOO level
- West crosscut 1 started from the north drift
1rom the Consolidated Virginia shaft on this level,
at point 2lU feet from the station, has
been advanced feet: assing through diorlte or
" est country rock tota. length $50 teet. Have
removed track and venlIlating air pipes from the
drifts and rosscuts on this level and suspended
all operations carried on through old Consolidated
Virginia shaft.
1850 level-The south drift started from the
double conipar ment incline, uprase !, at point
IT'S feet on he stope above this level has been
extended feet passin- through porphyry clay
and narrow streaHs Of quartz assaying $l per ton;
Total Length 81 feet Part or the week was was spen. h1s
south drift 10 feet south of III incline has been
advanced 20 feet. passing through porphyry and
$50 level-tr rom the ninth floor south drift, at
point 26o fee; In from its mouth from the top OF
the upraise carried l29 feet, the west crosscut
was started and advanced II feet; passing through
porphyry and quartz assaying from 81 10 81 per
ton; total leng. h 40 feet
From incline upraise No. l at point 6O feet
above the sill floor of this level the south drift
skirting along the footwall has been advanced 26
assaying from 81 10 81 per ton total length Al
feet. From the eighth floor from the end of the
north d rift AZ feet north from No. upraise we
are working IN quartz assaying from 81 TO 81 per
ton. From No. upraIse at point 65 feet on the
slope on the Sill floor north drift has been start
ed and advanced feet passing through porphyry
and quartz of low assay value. No ore was ex-
tracted from the miEe during the wee<. We have
sent TO the kinkead mill 95 IONS Of low-grade ere
ass aging per wagon samples SIG IL per ton. The
average assay value (per battery sampiesl of all
worked at that mill during the week (a7 tons)
$I3 IL per ton.
In the Ophir mine, on the 1000 level, west cross
cut 3 is in a34 feet The face is in porphyry and
clay. In the old central tunnel workings of the
Ophir, from the sill floor from the west crosscut
from the Mexican shaft: at point 81 feet in
IL feet, passing through porphyry and quartz
assaying 81 per ton; total length, 2O9 feet
In the Sierra Nevada mine the WINE started in
the north drift at point .40 feet north from the
Layton tunnel has been sunk 10 feet; total depth,
north lateral DRIFT was advanced during the week
25 feet; total distance, .96 feet nor. from the
Sierra Nevada shaft and 55 feet from west cross
cut 3; face in porphyry seampd with clay.
In the Alpha Consolidated mine. on the 500
level during the past week they stopped out and
hoised he surface 10 mining ars of ore: aver
age car sample, "a ounces of silver and So 81 in
god. During the week they raised up and put in
OF much lower grade and more spotted than the
ore was on the sill floor.
No work was zone in Hale & Norcross or Chol-
week.
In the Potosi mine the south drift from the top
Of the raise tn. 100 level is now out l52 feet.
The face is in soft porphyry The north drift from
the top OF the raise above \ O. east crosscut tun-
mel level, Is out So teet. The fale is in porphyry
and quartz giving low assays
Brunswick LoDE-Con. Cal & Va, Best &
Belcher and could & Curry-Shaft 2. 800 level
The Joint sout drift arted from the station was
advanced 70 feet; total length, 467 feet face in
porphyry. The east crosscut st rted IN this drift
40 feet from the station has been extended II
feet; total length 236 feet: face in quartz 600
leve-The joint east sscut on Best d Belcher
north boz nd ary aS been advanced % feet totai
length, % feet; face in porphyry The joint
south drift started from the station has been ad-
vanced 23 feet: total length, 81 feet; face in
porphyry.
HuLLAR-Shaft l has been sunk feet for the
week. and has now attained depth of 1040 feet,
on the inc inc, and sinking has been discon-
tinued temporarily. The shat has reached the
700 level, with depth enough fer chutes ETC., 800
and 400 levels. The stopes present but little
change for ths week. Are taking out about IL
tons of good ore per day. On the 400 level have
resumed work in west crosscut and extended it
feet, total length Ia feet the face is in por-
phyry. This crosscut will connect with the raise
gons up from west crosscut, 500 level
100 level-The main south drift has been ex-
tended 80 feet, total length sos feet The face is
in porphyrv. The winze $40 feet south of the line
is down 96 feet, having been sunk IL feet for the
week. 1t has been stopped, being deep enough to
connect with the 6o0-Ievel workings, when
tended that far south. Incline raise 1, started
tended 40 feet for the week. total height so feet
The top shows porphyry and clay. 900 level
ne main south orlit mas peen dr-Veh ~ 1erb ana
is now out sos feet south of the line. The face is
rather hard porphyry, with seams OF quartz assay
ing So per ton through it. Have hosted from
mine "a carloads of ore, the top sample of
which averaged-god ST. S3; fue silver 1896
ounces per ton. Have resumed shipments to the
Nevada mill, sending 81 tons of ore for the week.
OCCIDENTAL CoN.-The Official letter for the
past says: $50 Ievel-The east crosscut on
the tunnel level hss been extended IL feet; total
length, 500 feet The face in softer form alton
and shows indications of he near approach to the
ledge. $50 level-Tne south drift has been x
tended 4 feet; total length, 6l4 feet The drift
has been following the footwall west Of the for
distance of 60 feet and sh ow, of fair quality
all along. No Crosscut has yet been made through
the ore and none will be made until the drift con-
nects with the winz- that sunk from the $50
level Expect to make the connection in about
days.