Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-12-26
Stack Review.

The following review of the Mining
Stock Market for the ten days preceding
the sailing of the last steamer, is from the
S. F. Mercantile Gazette, the standard
commercial paper of the coast:
The mining share market has materially
improved, and nearly all leading stocks are
now in demand at enhanced rates. The an
nual reports OF number of prominent CON-
panies are more favorable than were antici-
pated, and better feeling seems to prevail
as to the future of these mines.
Savage has continued to advance and since
last week rose from $3.50 to 81, 725, at
which latter rate feet were sold yesterday
The mine is thought to be looking better
than for some months past.
Gould ( Curry is also better, and has stea-
div advanced from 1850, seller 80, to
81 $40. The annual report OF the President
Of the Company has been submitted to the
stockholders. The entire product of the
mine for the past u months is stated to be
S4,S9S, 900, and the dividends diSbursed to
stockholders amounted to 81 100000. The
extraordinary expenses during this period
for construction of mill, litigation, etc.,
amounted to S696,640. The total ordinary
expenses at the mine were $40, JOY, and at
the mill S503,000. The assets Of the COM
pany are estimated to be worth 81, lO6,OOO,
including $500 tons ores on hand at dnmp
pile, and 5000 tons tailings at the MILL
The superintendent estimates the ore in
sight at II 900 tons, and places the total cost
of mining, hauling, reduction, etc, at $50
per ton. The working capacity of the mill is
now 100 tons per day, and IOB cent. OF the
If tho Ore iS saved.
Chollar has been actively dealt in. Some
80 feet were sold at from $3.50, seller 80, to
$1,000, buyer 80, closing at SlO5O asked.
The average product OF the mine for the cur
rent month has been about 200 tons per day.
The lode in the south mine continues to ill.,
crease in length and expand in width.
Yellow Jacket is dull, and has declined
from $3.50 to about $3.50.
Belcher is offered at 800.
Potosi rallied last week to $40, but is now
scarcely so firm. The suit Of this Company
with the Bajazet is to be tried on its merits
before Jury next week.
Hale 4 Norcross fell last week to S2Tj,
but advanced yesterday to $500, then receded
to 1895, and closed at $50. RumorS are
current that promising body ofgood ore has
been found.
Ophir has been largely sold, and more than
100 feet have changed hands within range
of S3S5, seller 80, $40, buyer 30, closing at
about S420. The Secretary of the Company
in his annual report, submitted to the trus-
tees to-day, states that the entire yield of the
mine in bullion during the past year has
amounted to Sl,Ol2,364 81. The total dis
bursements have been about the same, in
Guiding some $1,000 in dividends. lS,6O9
tons OF ore have been extracted and more
than 5000 tons remain on hand.
gImperial fell to $lO71, but has rallied to
about Sl2l.
Burning Moscow continues to be the specu-
lative stock of the market, and some 1000
shares have been sold at variable rates, clos
ing at about S34.
Nevada q. g. declined from SIG to S3l,
and rose to 1871, buyer 80.
Wide West has declined to SS1 and 9; Ba-
jazet and Golden Era to $50; Sheba to ~ /;
and Sierra Nevada to about $50.