The San Francisco call., 1910-07-07
Oil and Mining Stock Market
Reopens Quietly After Holiday
STOCK MARKET

The San Francisco stock exchange reopened
Yesterday after the fourth of July vacation put d
mining stocks were dull and without much
feature Florence advanced from S2.uo 70
a-12 ana Godheld Con- from Ssio' 10 90. oU
levied an assessment of 10c.
The stock and bond exchange was not in ses-
sion, hence there were no quotations for local
securities.
The sausslito spring water company levied an
assessment OF 10c. delinquent August =. and the
keystone sand company one of $40, delinquent
August 8.
The mines of Tonopah district shipped a total
OF i,603 tons of ore of the estimated value OF
S1si .oIo to the mills last week. The Ionopah
mining company shipped 300 tons, the Belmont
1880 l s6o tons Montana ses tons Tonegah snten
200 tons and Midway 80 tons
The Yellow Jacket mill on the Comstock
crushed SS7 tons of ore during the last week as
follows: Jacket dump ore, 225 tons; Jacket
mine ore. 1e1 tons; Crown Point ore, 460 tons.
The 200 level of Becher from Nos. ] and 2
tne Ton ana ana little ore saved from tne ralse
on the 300 level. The 1,2oo level of Crown
Points stope No. 1, yielded 2s5 cars of ore
Tho 1000 level of the ophir last week yielded
53 cars of S3s27 ore, and the total extraction
for the week was 11S cars. averaging $31.65 to
the ton.
Con- Virginia shipped 2So tons of low grade
ore to the Sutro mill
The mill report of the Tonopah mining COM
pany for the last week shows that an average
of 96 stamps out of 100 has been dropping con-
age s s q The ore of
ments consisted of 7S bars, valued at S67. .00o
ing the total bullion shipments amount to
Seo,5oo An average extraction of SO per cent
recorded
The dividend payment of 40 cents per share
to be made to stock holders July 81 is the
twentieth disbursement of the Tonopah mining
company and brings the total profits distributed
up TO S5,950. 600. Dividends were first started
April - 3, 1905, at the rate of 23 cents quar-
terly. This rate was paid for the next six
sno On October - gs the %
which rate also prevailed for the eighth and
ninth quarterly payments On July y, 1907
only 20 cents paid and the same dis
bnrsement made for the following quarter.
The next two dividends due January %, 1908.
and April % 1905 we're passed. but 25
twelfth disbursement. The same rate prevailed
for the next two quarters, until April Y, 1909.
extra dividend were paid again. as the fifteenth
disbursement. The same rate prevailed for the
next four dividends and until the present one.
The cleanup the mill of the Tonopah ex-
tension mining company for the first 20 days in
June resulted in the production of II bars Of
bullion. weighing 2,19o pounds, valued at slo
per pound This is the product of the cyanide
precipitates only. the concentrates being shipped
about the first Of each month The mill is doing
115 to l26 tons of ore day, from which the
company is said to be making net profit OF
crease the capacity of the mill SO that the
average daily tonnage will be between 130 and
135 tons. The average grade of ore being
treated between $14 and SIS ton with
an extraction of better than 80 per cent.
A. Ii. Howe. secretary and treasurer of the
Goldfeld consolidated mines company, announces
mat on account of rule of the New York stock
exchange requiring that no certificates of more
than 100 shares each of any stock shall be
cleared that exchange, and also a necessary
slight technical change in the certificates as
they exist at present, all outstanding certiicat tes
of the consolidated company will have to be
exchanged for new ones and none for than
100 shares Will be issued. Certificates for less
than 100 shares will pass on the exchange as
readily as those of the maximum figure. The
neM certificates haze been ordered.