The morning call., 1891-07-19
THE STOCK MARKET.

There was further shrinkage In prices of Com
stock shares yesterday under fair amount of trad
ing. Con. Cal Virginia sold down to 4 "A on the
carry call under sales OF ii6 shares principally by
Hodley 4 Marks The balance the list WAS nm
able to Withstand the weakness in Con. Cal. IL Vir-
ginia, and a further decline noticeable during
the informal session Considerable interest is being
shown in the lowering of the water in the south
end mines. II is there that Improvement is
hoped for that will turn the tide or affairs and
cause stopping OF the strong decline that has been
so marked for the past week. On Thursday last the
Alta baiiing tanks lowered the in their shaft
lower than the Dow pumps stand in the Crown
Point incline. They Will reach the pumps In the
1850 level when 1t is proposed to put them in con-
ditlon 10 commence pumping. There is telling
what condition they now In their long iisnse
but it is believed they can be operated week
or two. 1t is further calculated that the water In
henorth end of the Gold Hill mines will the bail
ing work the 1850 level Is reached Accord
ing TO superintendent PendergaSt of the New York
the water has been lowered eight feet In mine by
the Alta bang tanks. This is the first effect no.
This will greatly facilitate the handling of the
water In the other mines, and greater progress
should follow from this
NOTES.
George R. Wells, the mining President, has gone
on trip TO Sonoma County.
Silver was quiet at lU05s to 101 in New York
yesterday.
Trading in local securities was confined principal
ly to Hawaiian Commercial. of which 700 shares
were sold at prices ranging from So rs to ~ 70.
also 100 shares Ferries &. H. X. X. at $50 5OaS3i
Bullion valued at 81, 092 has been received from
The annual meetings OF the Union Con. and yell
low jacket mining companies will take place to-
morrow; also that Of the California Electric Light
Bullion valued at $11 900 has beeu received from
the Eureka Con.
The Clara Con. and Valley View assessments fall
delinquent in ONCE tomorrow.
Following are the official letters from the QuIja-
toas Tor the past week:
CRoCKER-The west crosscut the d4U-foot
level WAS competed during the week and shows the
vein TO be 80 feet In width at this point, and we
have again resumed drifting south the west side
of the vein. which shows smooth wall along
which the drift will be carried and the vein cross
cut at proper distances. The of drift is all
In quartz, showing mineral stain with some ore
through ii.
PEERLEss-The south drift on the 6OO-foot level
1913. The face is showing in aud quartz with
ore of fair grade In punches through it,
PEER-work is progressing smoothly In the west
crosScut on the l50-foot level. Seventeen feet
were made. making TO- without any change of i'm
poItance since last week. The output OF from
the Slopes the le0foot level near the north line
has been good during the with the vein con
tinuing strong, and the ore extracted has been of
good milling grade
WELDoN-W ork has progressed fairly In Wine
No. on the l00-f0ot level during the week, feet
having been made, making l5 the formation In
the bottom being about the same that last re-
ported-dark iron-stained quartz with of fair
grade through IL.
Following Are the Highest Prices During
the Past Week.