The morning call., 1891-08-02
THE STOCK MARKET.

There was very little doing In Comstock shares
yesterday and prices were generally weaker at the
opening under sales by Cope Barrett and Marks The
call on Bullion 100 shares placed on record
at figures ranging from So IS to So so. and 1900
shares of Sierra Nevada at 81 5000 So. Outside
of these two stocks trading in everything else but
Con. Cal. and Va. limited OF Con. Cal ana
Va TAO shares changed hands at $595Hs. with Cur
nett selling. After the call prices showed an i'm
provement Potosi. Bullion and Chollar being the
leading favorites under an advance, the market
closing strong.
NOTES.
Silver was frmer yesterday in New York opening
active at 10O5%c.
The annual meeting of the Hakalau Plantation
Company has been postponed to Tuesday.
The weekly official letters from the Quiotoas ar
follows:
CRocKER-In the south drift the 4iO lev ell
there is no change of any Importance to note since
last report, the formation continuing the same with
the face showing ore OF low grade The drift Is
PEERLEss-Fair progress has been made during
the week in the south drift on the 500 level; it has
matter, with ore of fair grade showing in punches
wELDoS-Work has progressed fairly In Wine
No. on the lOG-foot level during the week. 1t is
now down 20 feet, with no change of any impor-
tance from that last reported, the quartz looking
lively with ore Of fair grade through it.
PEER-on the lO0-foot level, near the north line,
the extraction of ore continues regularly. with the
vein looking strong In the breasts and the ore OF
good grade. Connection was made this week In The
and shaft are now thoroughly ventilated and the
connections made wiil:greaty factate.the handling
OF ores, ETC., and general progress OF work
point. After cutting out a station, sinking VIII
again be resumed in the main shaft.
at the annual meeting of the stockholders OF the
Con. New York Mining Company, held yesterday,
81 $50 shares represented and the following
Board of Directors elected FOR the ensuing year: c.
HrschfeId, President; NJ. Rehfisch, Vice-Presideut
and w. Erskine. Nj. Jatfe ana Thomas Anderson,
Directors. Charles Elliot was reelected Secretary
and his financial statement showed credit of
$S6ll. Lon Hamilton was reelected Superlntend-
ent and. his annual report was follows:
The west drift from the shaft on the $50 level
has been advanced l35 feet making its total length
53S feet The face of the drift is IN black dyke or
the main footwali of the vein. In this DRIFT. at a
point g. west of the shaft. north drift was
SO0foot level II has now reached 4 point opposite
the top of the raise, and as the connection
is completed a large area of unproSpected ground
uncovered by this DRIFT will be ready crOsscut-
ting On the 500 level the northwest lateral drift
from the shaft has been advanced 15S feet making
its total length 9l5. Crosscuts aggregating feet
i'll length were run from this drift across the vein
at various points, disclosing ledge from II g
feet IN width SQlendidiy defined and containing
Isolated lunches of good ore. But the general
age value OF the quartz uncovered was of too low
grade to warrant extraction. Tue nCrth lateral
drift on the 400 level, which started from the
east crosscut at point 228 feet east OF the shaft
ana which run 205 feet last year, has been ex-
tended 400 feet since then making its total length
now 6O5 feet. This drift WAS run Tor Its entire
quartz containing occasional punches OF good ore,
and the defnatiOn OF the and west boundaries
OF the vein is as perfect as any have ever seen.
Following Are the Highest Prices During
the Past Week.