The San Francisco call., 1909-04-28
STOCK MARKET
Local Securities Fairly Actfve-MfnfnS
Shares Devoid of Espe-
iaI ESeafyre
local securities were fairly active yesterday.

Local securities were fairly active yesterday.
with some variations of note. Spring Valley
was strong at s39.o7l9. Hawaiian al s3l-5' "a,
Telephone preferred at SS9.3i "a and Alaska pack
also stronger at STz.25. Sales of bonds were
light
Tho Comstock mining shares were quiet and
Irregular, without any general tendency. either
The southern Nevadas sold fairly. with active
trading in Montana, which gained &c On the day
al S3c- There were also large sales OF MAY
flower. some 1000 shares changing hands. The
merger lost &c on the day closing at $3.50.
West End fell back Sc on the day.
The suspension OF Stauf & Cooper was an
nounced by President Ruggles of the san Fran
cisco stock and exchange board yesterday, oa but
they having made their clearing house balance
gooc
The Capistrano Consolidated mining company
OF Nye county. Nevada. has levied an assessment
Of one tenth of one cent, delinquent June !.
The underwriting syndicate. headed by Blair &
Co.. which controls $S, 000, 900 of the West
ern Pacific railway company's 5s under an ex-
tension TO July l. 1909, OF the syndicate agree
ment sold all of these bonds last week to New
( York, Amsterdam and Boston houses. e. Ii. Rol
! lins Sons obtained about $4,000 900 of thest
bonds This entirely closes out the syndicate,
and the bonds are well distributed, the
price has advanced within the last 10 days from
95iS TO above So and interest. sales having been
made as high as 9s% and interest.
The annual meeting of the stock holders OF the
Pittsburg- Silver Peak mining company will he
held May 4. An official statement has been
issued showing that during January this year the
receipts from the property $50, ,S44. In
February, short month. they were $50 l766S.
while in March they reached $SS 4S1 80. The
operating expenses for each month were little
over $4,000 making the net earnings for the
three months Sl03, l4I-C0. or nearly half mil
lion dollars year The average number or
stamps dropping was 95.4.
The seventh annual report of the Tonopah min
ing company is being received by the stock
holders. It shows that for the fiscal year ended
February rs. 1909, the net earnings and income
were 81. .T51, OBS of which $500 633 were from
the Tonopah mining company and LOGO. 46J from
dends aggregating $750,000 were paid. The net
surplus for the year 81 ,001 09S and the total
surplus is 81 72s BIG In 1907 the total net earn
/ ings and income OF the Tonopah company tinclud-
| ing the Desert power and mill company) were
Sl.4Tl .991 and the surplus for the year, after
paving dividends of $3.50, 600, was S62l .SSI, or
1919. .2l1 less than for the year just closed.
/ fhe production Of the mines and leases OF the
Goldfeld district for the last week. according 70
the figures OF the Goltheld Tribune. was 1910
tons of valued at $606,3 325 distributed as
/ follows Consolidated, $3.50 tons at S45 per ton,
$173. .250; Combination, ESQ tons at $45, $2S, $50;
/ Hampton st0pe. 210 tons at $500 per ton S147 =
! GOO; Western purchasing company. $50 tons
at S210 per ton. $1S6,900; Florence, 735 tons at
S45 per ton $50. 0T5; Nevada reduction works,
/ including Combination Fraction, 100 tons at $50
per ton. S31, 750.
! Secretary A. H. Howe of the Godield Consoli-
dated mines company has compiled statement
showing that the March production of that corpo-
rations properties lo,JQ3 tons of ore, con-
tanning 81 ,229. T51. 40 at the rate Of $63o5 per
| ton. The Consolidated and Combination mills
treated 19 i5099 dry tons, containing S5l.6S per
! ton. The extraction S46.7S per ton. or an
I average OF 800 per cent. The net profits for the
month S964. .32S. .96. For the fiscal year end
ing October 81, 1907 the average cost of the ore
was $I3.2S per ton. For the fiscal year ending
October 81. 1908. the average cost $7.95,
while IL has now come down TO S5.S5 per ton,
including even its proportion of general office ex-