Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-11-14


Stock and Exchange Board
The excitement attending the election, and
the adjournment of the Board for one day,
restricted operations during the early part of
the week, but since then the market has eX-
hibited more animation, and large transac-
tons have taken place in a number Of shares.
The market for most leading stocks evinces
stability, and good feeling prevails among
dealers. More confidence is felt in the per-
manence Of these mines, and recent develop
ments would seem to warrant this faith in
their future productiveness. A number Of
claims hitherto largely in debt will soon be in
condition to cancel all their liabilities, and
may also dis5urse something to stockholders
on or about the first OF January. This addl-
ton to the list of dividend-paying stocks will
have beneficial influence urOn the market.
Receipts of treasure from the interior since
Saturday last amounted to 81, 100000.
God bars are selling at $40, and silver bull
lion ranges at ! to per cent. premium:
The money market continues abundantiy
supplied with capital, and most parties meet
with no difficulty in borrowing upon good
stock, collateral at l3(a2 per cent. per month
Leading shares are in much more favor with
capitalists.
Savage was offered at the close at 8 ,S23,
and small sales have taken place during the
week at 81 800. In drifting to the westward
from the lower level, distance of seventy
FIVE feet from what is known as the North Po-
tosi chimney, a large body Of fine ore was
reached few DAYS since. The company are
now hosting some $50 tons daily, and are
supplying the Central Mill with tirst-closs ore,
averaging about $500 per ton. Receipts OF
bullion SO far during the month are large
and the surplus in the treasury has materially
increased.
Gould & Curry has been in less favor, and
declined from 81 400 TO 81 ,325, then quickly
rallied, and sold yesterday at ST. 400. Re
ceipts OF bullion so far this month are up to
the usual average of about 81 900 per day.
Yellow Jacket was sold at 1000, buyer 81,
and $3.50 cash, and closed at $3.50 bid, l,0OO
asked. In sinking upon the vein IN this
mine at depth Of some $40 feet, the rich
seam of ore has attained width of some
twelve feet. Other portions Of the lode also
contain fair milling ore. The company are
extracting about so tons daily, portion of
which is reserved for shipment to Europe.
Chollar has been actively dealt in, and 30
feet were sold, advancing TO 81 ,075, buyer 30,
receding to S9S5. regular way, rallying again
to 81 $50, BUYERS option, then selling at
about 81 900, and closing at 1000. The
upper stOpe in the south mine is said to be
looking well, and the quality of ore found to
improve as work progresses in the new gal
leries now being opened. The lode at this
point continues to hold out as the drifts pro-
ceeds 10 the southwest. The new reels will
be in operation in day or two, increasing
the hoiSting capacity Of the company to loo
tons daily. Some 80 tons Of good ore are
now daily taken from the north mine, and
number Of additional mills are to be at once
employed. All the ores crushed are now
paving well.
Hale & Norcross has been in decided re-
quest this week, and 40 feet were sold, quick
" advancing from S525 to $500 and $1,000,
slightly receding to $3.50, and closing yester-
day at S94j. A very promising body Of good
ore has been found this week, about So feet
north of the Chollar line, in drifting south
east from the 50l feet level. The lode at this
point, thus far, is some l6 feet in width, and
lis character is said to improve as the cross
cut continues. Drift No. I, at 543 feet level
and so further north, is also beginning TO dis
close pay metal.
Crown p int is well maintained at the re-
cent advance, and small sales have been made
at S750(G760 per foot, buyer 10 days. The
prospects Of this company are said to be
Hattering.
Empire Mill & Mining Company is mac
tive, but strongly held at about $40. Inc
company's two mills are now reducing about
IS tons daily. The mine is, however, produ-
cling some 10 tons per day. and a reserve Of
about 800 tons has already been accumu-
lated. The working capacity Of one mill is
soon to be materially increased. Most Of the
ore is taken at present from the third level,
AT a depth of AS feet. After the Paymen Of
the last dividend OF S25 per foot, a surplus Of
more than $4,000 remained at the credit Of
the company.
Ophir Is regarded with rather more favor
and Is feet were sold, advancing from S425
to $40, and closing at $3.50 bid, $50 asked.
The Company's new mill on the Carson
river is now making full time and crushing
some 80 tons of ore per day. A large body
Of water in the main shaft will temporarily
suspend operations in this portion of the
mine.
Imperial is inactive but firm, small sales
we're made at Sll7a per share, and at the I
close Sl4S was Did $50 asked. The yield Of
The mine for the month Of November will, 1t
IS thought, exceed that of last month. !
Uncle San was sold at $50 per share. !
Overman is offered at $3.50, and Alpha has
been inquired for at $3.50. Belcher is IN re-
Bullion rose from Sl35 to Sl45, fell to
Sl371, advanced to Sl574, and sold yesterday
at 500. Within this range 254 shares were
dealt in.
Sheba is in less favor and some 20 feet
were sold at $50. The company received
shipment of 1000 in bullion this week.
Burning Moscow has continued to be
feature Of the market, and 1858 shares
changed hands, opening at SIS, advancing
to Si3, buyer 80, receding to S3S, rising to
SIG, declining to 43l and selling yesterday
afternoon at SAG.
Nevada, ] G., is in better favor and rose
from $50, seller 80, to S37, closing at $50,
seller 80. The assessment Of $40 recently
levied will, it is thought, cancel all indebt-
ness and leave some ST., 900 in the treasury
of the Company.
Baiazet & Golden Era advanced from Sl9
to SIS. Pride Of the West was sold at 81
and IS. North American at $40. Baltic at
SIS and $40. Daney at S22, and Caledonia
Tunnel at SO! and 10. -
Josephine, "copper" is in request, and sold
Yesterday at $50. Active operations have
been resumed, and two drifts are in progress
from the main shaft, at a depth OF 1877 feet.
The Company's prospects are thought to be
fattering. Antelope is in much better favor
and at the close 500 was bid.
Golden Age & Empire was dealt in at Sl4;
Wide West declined from S234 to SlS3, and
closed at SIG bid.
State Telegraph was sold at S3S. and Cali
fornia Steam Navigation at SIS. Spring
Valley Water Company is enquired for at
S45.
Legal Tender Notes have been actively
dealt in, $4,000 were sold within the range
42l seller 80, and 45 fat, 60 days. At the
close 46 was bid.
The aggregate sales since Saturday last
amount 10 $3.50 $40.