Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-12-13
Weekly Stock Report,
[By Associated Brokers Of the San Francisco
Stock and Exchange Board

/
During the past year we have endeayered to
| present faithful record Of the market, and
aimed to impartially set forth, from time to
time, so far as it were possible, the actual
condition Of all mines commonly dealt in at
Board, and the same policy will be adhered
| to in future.
A decision of considerable importance to
| stock brokers and stock operators has just
been made in the New York courts. AN
action was brought to recover damages Tor
the wrongful selling BY defendants of 200
shares of Quicksilver Mining Co.'s stock,
belonging to the plaintiff. 1t appears that
on the 3lst of March last, the plaintiff di-
rected the defendants to purchase for him
the above mentioned stock, half at buyer 8
option of 10 days and the balance at 80 days,
with a margin ofi30 per cent. The purchase
was made at $50 and S94, and shortly after
ward panic occurred, and the stock de-
clined very rapidly. On the 18th Of April,
the defendants telegraphed to the plaintiff
at Philadelphia to send them 5000. The
telegram was received about Z o'clock P. NJ,
and the next day he RENTED $500. In
the meantime, however, the defendants sold
the stock at $50 and SOL, and on afterwards
rendering the full value OF the stock and de-
manding its delivery to him, the defendants
refused to furnish it. Afterward, the stock
rallied and sold at SS5. The judge charged
the Jury that the defendants had no right to
sell without notifying the plaintiff Of the time
and place OF sale, and that he was entitled to
recover, BY way damages, the difference be-
tween the price the defendants sold at and
the highest market price at which the stock
has since been sold. The jury found YER
| dict for the plaintiff for S5,6S5 38.
Since Saturday last, the severity OF the
weather throughout the interior has continu-
ed to interrupt communication, and in Ne
vada temporarily retarded active operations
| in a number Of claims. Vigorous efforts are
| now being made to overcome these difficult
ties, and large force has been employed to
| place the roads leading from some OF the
| leading mines in better condition.
| The stock market has been somewhat de-
pressed, and lower prices have ruled The
aggregate sales exceeded, however, those OF
last week. An apprehension is felt by some
that the state of the roads to the different
mills will materially diminish the receipts Of
bullion for the current month from number
\ Of prominent mines but the latest WaShoe
advices would seem TO dispel these fears in
\ some ddgree, at least.
Legal tender Notes have been active, and
were sold to the extent of 900, within a
range of Acc, seller 80, to 4St@4S4c, steam
| er day, closing at 43c bid, 4S4c asked. The
latest telegraphic adyices from the East
quote gold at 23l on the 9th inst.
Bonds and city stocks have been inactive,
bu, for the most part were firmly held. CAL
ifornia State Bonds are in request at Il, and
| San Francisco 6's at IS. California Steam
Navigation Co. is inquired for at 75tP cent. !;
San Francisco Gas Co. at SIS per share /;
| Spring Valley Water Works at 63 cent. /;
and San Francisco City Water Works was
sold at As cent.
Savage is in rather less favor and II feet
were sold, declining from 81 800 buyer 80 to
| 81, $50. buyer 80 ex-dividend, and closing at
about Sl,625. Intelligence from this mine
continues to be of favorable character, and
it is said that but two days were lost in haul
ing ores to the various mills employed by the
company. After the payment Of the last divi-
| dend of SIS per share, considerable surplus
remained on hand.
Gould & Curry fell from $3.50, dividend
| on, to 81, $50, eX-dividend Of S75 per foot,
rose 10 81 500, buyer 80, and 81, AIS cash, re-
| ceded to 81 400, seller so, and was sold yes
! terday at 81 ,425. This company have accu-
INFLATED reserve Of more than one months
supply of ore at their mill, and so far during
this month the receipts OF bullion have ex-
ceeded those Of any like period for some time
past. We can learn Of no material change
n the mine. Since Saturday last 40 feet Of
stock have changed hands.
Chollar continues dull and inactive at
81 900 to 1855. at which rates six feet were
sold. A new Board Of Trustees were chosen
this week to serve for the ensuing year. A
change was also made in the Presidency Of
the Company. The administration Of the old
Board as well as the executive ability Of their
former President, Mr.. Hosmer, gave, it is
said, entire satisfaction to the stockholders
and the same efficiency in the direction of the
company's affairs may now be anticipated.
Receipts Of bullion from the mine since the
lst instant amount to So, 900.
Yellow Jacket was dealt in to the extent OF
Is feet at S850G 1855, closing at about $3.50
bid $500 asked. Sales are reported be-
tween boards at $500.
Potosi is much lower and 26 feet was sold,
declining from 800 to $3.50. The decision
Of Judge Mesick dissolying the injunction
against the Bajazet company, upon an appa-
rent technically is said to be at variance with
the ruling of other Judges in similar cases.
The ore taken from the ground claimed BY
the Potosi has been replevied BY the latter
company. The injury done the hosting ap,.
paratus of the Potosi BY the recent cave will
be repaired in day or two.
Ophir is in less favor and l6 feet were sold
receding from $3.50 to $3.50.
Hale 4 Norcross declined from $40 to
S2l0, and rallied yesterday morning to S325,
buyer 80 1850 assessment delinquency, and
closed at S2SS, "a feet in all changing hands.
At the close sales were made at S2S5.
Uncle Sam rose from $50 to $500, fell to
"A An
ment of 500 per share upon the Nevada In
corporation) was levied on the Sd instant.
Oyerman was sold at $50. At a meeting
Of the stockholders held last week commit
tee was appointed to investigate the affairs Of
the company with authority to proceed to
Virginia City, but so far as we can learn no
progress has been made owing to the refusal
of the Trustees in Nevada to allow an exami-
nation TO be made.
Imperial continues depressed, and 246
shares were sold, within range OF Sl25(d
40, closing at about Sl22.
Bullion has been largely sold, at fuctuating
rates, opening at $3.50, advancing to Sl10,
falling to SIS, rallying to Sis, buyer 81,
and closing at 1852. Since Saturday last $50
shares were dealt in.
Burning Moscow is still prominent fea-
ture of the market, and 4,l05 shares have
changed hands, steadily declining from $50
to $50.
Nevada q. g. is also in much less request,
and 4O7 shares were sold, receding from $72,
buyer 80, to S374, and advancing to $45 and
S4S.
Baiazet rose from $50 to SIS, fell to $50,
and sold yesterday morning at S36. -.
Golden Age and Empire was sold at Sl2
@l3.
De Soto sold S51.
Daney has been selling at $40.
Buckeye sold at Sc.
Sheba declined from. SlS to Sll.
Wide West fell from Sl7 to $l3.
Sierra Nevada fell from $40 to $33.
| The aoprepate sales Of stocks and Legal