Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-11-21
wa.Lix atonk Rsnor,.
rBy Associated Brokers of the San Francisco
Stock and Exchange Board.
SIS Francisco, Nov. 10, 1864.

the condition of the money market. The de-
mand is fair for the season, and rates are
ranging from l3@2 IT, cent. PEI, month in
bank. San Francisco seems to be making
rapid progress, and every material interest,"
Aourishing. Wealth is accumulatlng, and
money is becoming more abundant.
Receipts Of bullion from the interior during
the week amount to 81 ,0OO, OOO:
Gold bars are selling at $S3O(eo4o' an1
silver is ranging at 2 IT, cent. discount to u
cent. premium.
continued to exhibit the same characteristic
features prevalent for a month past. Most
leading stocks are steadily maintained, al
current quotations, and good deal OF conf
dence is felt in their future. The average
Weld of all the claims on the Comstock SO lar
during the month exceed that OF like period
last month Speculative shares have huctu-
ated materially, and for the most part we're
dealt in at declining rates. .,.
Legal Tender Notes were sold to the extent
of SIG, 700, within range OF Abe, seller 6O
DAYS, and 4Sc cash, closing at 471c bid, 4Sc
asked. Since the 18th inst, gold has de-
clined at New York from 24O to ZIG.
Pacific Insurance Co. has met with sales at
SIG, at which rate ITO shares changed hands;
This company is said to be doing large and
profitable business.
State Telegraph is higher, and was sold "a az
40. San Francisco Gas GO. declined 70 oO.
Spring Valley Water Works is enqulred LOT
at 50 If cent. on amount paid in: Caiitornia
Steam Navigation is held at q " cent
(S77O) and California State Bonds at 70.
Savage has not been dealt in during the
week, and was offered yesterday at 81 ,85O.
The main shaft in this mine has attained
depth of 365 feet. Between the second and
third levels the distance is SO feet, and be-
tween the third and fourth, IS feet, the former
running north 200 feet to the Gould & curry
line, and containing ll3 feet Of good ore:
The floor of the third level expands to 100
feet in length, about one half of which mas
been taken out. For the past two months
the mine has Welded some 80 tons OF ship
ming ore, valued at 81 800 per ton, and about
10 tons daily of No. |, valued at $2OO, and
$50 tons daily, worth some $50, A driIt
from the bottom of the shaft extends ZUoleet
north, and from this a drift driven gu feet TO
the west has penetrated large body oil me
ore, which is said to increase in metal as
work advances. That portion Of the mine
lying between third and fourth levels mas,
thus far, been comparatively unexplored, but
indications lead to the supposition that the
chimney is widening at about the same ratio
as in the levels above. The ore met with in
the so feet drift westward is said to be lying
west Of any ever yet found Of equal richness
in this claim.
Gould & Curry was less active than usual
until Yesterday. Twenty-one feet have been
sold, declining from 81 ,3S5GTl 800 to 81 1850,
then rallyinE to 81 400 and closing at about
Sl,475 bid, buyer 80 days. The yield of this
claim for the current month is said to be
rather more encouraging than for some time
past. 49,,
Chollar has been active, with little or no
variation in price, and 80 feet were sold at
from 5000 to $1,000. The new hosting ap-
paratus of this company, will, it is thought,
be in successful operation to-day. Some loo
tons of ore dailv can now be readily taken
from the mine, which will give employment
to an additional number Of mills. The lode
in the south mine continues to disclose good
ore in length and width, as work progresses.
Yellow Jacket declined from S967(99IO,
buver 30, to about 5000 cash, and was held
Yesterday afternoon at $3.50, within which
range u feet were sold. In sinking from the
$50 feet level and in running north and south
the rich pay seam is said to be widening and
otherwise improving. >,
Potosi is firmly held. and 10 feet were sold
at $500. 4 decision from his Honor, Judge
Mesick, in the suits Of this company with
the Baiazet, is momentarily expected
Crown Point is unchanged, and has met
with no sale during the week. At the close
500 was bid and $500 asked.
Belcher changed hands at $50 per foot,
and is now offered at $500. Empire Mill
Mining Company is in better favor, and i've
shares were sold at $3.50 per share. The
company in this city are in the receipt OF reg
ular shipments OF bullion, and these are fully
up to the average of the past two months.
Hale & Norcross is in less request, open
ing at $3.50, recedng to $50, rallying to
S675, again declining to $50, then adranc-
ing to 1855, seller 80, and selling yesterday
at S52G(G545, buyer 30. No less than l32
feet have changed hands at this range OF
prices. The ore found in the 500 feet level
did not prove to be Of much value, but at a
greater depth recent developments are
thought to indicate the existence Of perma-
nent lode of pay ore. :.
Ophir has been dull and inactive, declin-
inc from S475, buyer 80, to SI25, and clos
| ing at $40, bid, and S425, asked. This
Company are obtaining some good ore, above
| the seventh level.
Uncle Sam rose from S275 to $500, cteadi-
" declined to $500, and closed yesterday at
about 5000 bid, some 80 feet have been sold.
Overman fell from $40 to Sl2S, rallied to
| $40, and was held yesterday at Sl35, with
| in which range 81 feet were dealt in.
Bullion has been actively dealt in and 346
feet were sold, declining from $50 to $l65,
rallying to SlS5, receding to $780, rising to
| $40, buyer 80, and closing at $l6S. This
mine adioins the Chollar and Potosi on the
| South. At depth of 500 feet drift run
| ming north 100 feet met with ore similar to
that found in the Cholar mine, but work was
suspended BY the company until the title to
the Corser ground could be obtained; this
secured, active operations have now been re-
sumed. Recent developments show, it is
said, very fattering prospects.
Burning Moscow still maintains its supre-
macy at the Board, and 3,725 shares have
| changed hands during the week, advancing
| from SAT to S72. receding to $5S, seller 80,
then selling at $40, again declining to $45,
seller 20, and $40 seller 60, then rising to
SIS, buyer 80, and closing yesterday at about
S474.
and rose from 1874 to $45, buyers option,
and closed at S44. Some $50 shares were
sold.
Imperial was sold at from $l48t to Sl46@
Sl45. Sierra Nevada was dealt in at $50,
S450S4l, then rose to S45, bid. Antelope
was sold at $50, and Real del Monte at S22.
/ Wide West declined from 800 to $l4;
Golden Age & Empire from $l7 to $40; Ba-
iazet from S26 to S2S; Sheba from $55 to
$40, and Daney from $25 to Ss223.
Josephine, Copper, is in good demand at
$45 bid-none offering.
The aggregate sales since Saturday last
amount to $685. Is.
Cornish Pumping Colliery Engine.
At the commencement of the working Of
the Clay Cross Colliery, the upper seems OF
coal were drained by the. Clay Cross railway
tunnel, but as the lower seams were sunk to
and worked, the water could no longer run