The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-07-17
THE STOCK MARKET.

The weak tone that marked the close of wednes-
days business continued yesterday morning. While
prices showed no particular change the early
regular calls, they went all TO pieces on the noon
informal session, some stocks touching a lower
figure than for five years past. Business was very
lively and several OF the leading inside brokers had
heavy selling orders. Con- Cal & Virginia was
forced down to So under the sale OF 1925 shares
which Ruyges and Messer the largest sellers
to purchases by Epstein. ophIr sold down to S2La
under sales OF 600 shares Mexican TO 81 So, $50
shares, Best Becher 81 50, Curry 81 10. Sierra
Nevada 81 80, Union 81 20. Bullion 81 20, 1850
shares, and the balance OF the list In proportion.
On the 2:30 p NJ call there was advance OF a
few cents, Con. Cal. & Virginia selling up to $5A
Where 1t Is going to-day when the dividend of so
cents is deducted Is what Is troubling tie dealers
at present.
About 25 tons of high grade ore has been shipped
to Elko from the Coptis mine.
Silver was trife weaker yesterday, declining
from lOl3s to l0Is.
r. y. Heating, Superintendent of the Savage and
Norcross mines. is in the city.
An assessment OF 90 cents per share has been
levied on the Savage, and enc of so cents the
Bullion being the first since December A, 1889.
The annual meeting OF the Con- New York Mining
Company has been called for August lst.
w. C. Price has returned from Tuscarora. where
he has been watching the sinking of the wlnze in
the Belle Isle below the $50 level.
The Hakalau Plantation Company has declared
dividend OF 81 per share, payable Immediately.
declared
dividend of 20 cents per snare, payable July Esd
AT the annual meeting Of the stockholders OF the
shares were represented and the following officers
elected for tn. ensuing year: II. NJ. Levy, Presi-
man ZadIg. George r. Wells aud Z. Is. Holmes
Trustees. T. b. nolmes was reelected Secretary
aud X. p. Heating Superintendent. The SecreJary's
financial statement showed an Indebtedness of
tho following sales being recorded: 20 Cal. Eiec-
trio Light, 81; 80 Water, $se@e61s; 30 Safety
How itan .g,u nnA
871a: 1000 s. v. bonds 4 per cent, sSs Is wy
At the annual meeting Of the stockholders OF the
Directors was elected for the ensuing year: Ma
thaniel 7. James. President; James Moftt, Vice
President, and John Braudenstein, ID. L. Martin,
Chris Nelson, George c. Perkins. Albert Pissis, f.
Ransom and Gustav Sutro Directors Joseph D.
The monthly reports OF the Gold Hill mines as
follows:
BELcHER-Have continued the raise from the
south lateral drift from No. crosscut 200 level to
total height OF las feet, at which point south
DRIFT was started In the quartz and which Is out 20
feet The face is all quartz containing spots ORE
The west crosscut on the 300foot level started last
week, Is now out total distance OF 5j feet The
face Isin porphyry and low-grade quartz The 1900
is out total distance Of So feet. The face Is In
porphyry.
3O0foot level south Wine Is out total distance
55 feet. The face is still in very heavy ground
crosscut has been extended rs feet. making It's
total 244 feet. The face Is In vein material
posed OF porphyry and quartz OF low grade. The
east crosscut from the south lateral drift the
1OO0foot level advanced 10 feet during the past
week. and Is now out total distance of 257 feet.
The face is In porphyry with streaks OF lowg grade
| quartz through IL.
Cos. IMpERIAL-west crosscut No l, from north
DRIFT on the 400ioot level, Is out 80 feet, having
| been advanced Is feet during the week. The face
shows quartz having no value. Are still taking out
some filings and punches OF ore or fair grade.
CHALLENGE-The Challenge Wine from the l0O-
foot level Is down II feet: tue bottom shows por-
| phyry This wiDze has been stopped for the pres
| ent. The joint Confidence and Challenge north
drift on the 200 foot level Is In 791 feet 6 feet
having been made during the week. The face shows
| quartz having no value. The joint Confidence and
Challenge west crosscut the 300foot level is out
10 feet, feet having been run during the week.
The face shows quartz having value. This cross
| cut has been stopped for the present. The Joint
Confidence and Challenge north drift on the $50
foot level is out $50 feet 90 feet having made
| during the week. The face is porphyry Tho Joint
Confidence and Challenge east crosscut the 1000
foot level out go feet. The shows hard por-
| phyry This crosscut has been .,.vpned for Tho
present. The ioin.. Confidence and Challenge north
urn. or sac 1lo0foot level is in 295 feet. The face
/ SHOWS porphyry.
KENTUcK CoN.-The north drift from the 1000
level, east raise. is now out 81 feet. The face Is
| all in quartz OF low grade Have followed the ore
encountered in the crosscut from the 1000
level north raise, and are now up IL IL feet 1t
SHOWS no Improvement, but remains about the some
as last reported. Tho west crosscut from the $50