Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-07-10
e STOCK CIRCULAR.
From the Weekly Stock Circular" OF tho AS.
ISOLATED BrokerS.l

ISOLATED BrokerS.l
SAN Francisco, July s., 1865.
The condition Of the money market is sub
stantially unchanged and there seems to be
no improvement in the loan demand. It is
quite apparent that the available capital oil
this city now exceeds the requirement in the
| ordinary course Of business and that the ten
dency is to lower rates Of interest. The
London and San Francisco Bank, under the
management Of Mr.. NJ. S. Latham and a
Board Of Local Directors, with a paid up
capital Of Sj00,00O, will commence business
in San Francisco Aug. LIST. We are informed
that the present capital of this institution is
to be largely increased, and that its operations
will embrace a general banking and exchange
business in London and San Francisco, and
between these cities and all parts Of the world.
Receipts Of treasure from the interior min
ing districts since Saturday last have been
light, and amounted to less than SS00,0OO.
Bullion is meeting with no special inquiry
and the supply continues ample. Gold bars
are dull at S20@S30 and silver bars range at
about par to 2 IT, cent discount.
Legal Tender Notes, in the absence OF tel
egraphic communication with the East, have
been dull and inactive, and trifing sales were
made at 73cQ73sc, then at 73!c, and closing
NJ Io3c old, Iofc asked.
The Share market has been exceedingly
apathetic this week and the transactions at
the Board were Of less importance than for
months past. Anumber Of dealers have been
out Of the city, and the festivities incident to
"the 4th." absorbed a large share OF the at
tention Of others. There is little or no i'm
provement TO note and some stocks are lower
than at the close Of last week. Nevada ad-
yinaa hnra hnap .,aonar md AnyOIA pf RnnRIa1
interest, but so far as we can learn, the work
of development is progressing with the usual
yigor without disclosing anything new.
Gould & Curry is dull but firmly held at
about 81, 750, cx-dividcnd OF $50 per foot
paid on Thursday last out of the earnings for
the past month. The upper chambers Of the
mine show some improvement and the re-
ceipts Of bullion from the mill arc up to the
usual average.
Savage has also been apathetic but we'll
maintained. Small sales were made at
Sl,375@l 800. The receipts Of bullion dur
ing the month Of June amounted to Sll5,O00,
and the immediate liabilities Of the company
have been reduced to about $4,000. Some
conflicting titles were adjusted this month,
involving an expenditure Of $4,000. The
mine is now yielding an average Of so tons Of
ore per day, worth some SIS per ton. There
is no material change in the lower level. but
the indications continue favorable. Work
has commenced upon the new main shaft.
Alpha is in rather less favor, and n few
feet were sold at 81, 450@l 40, then at l,400,
and closing at about l,450 asked. Prepara-
ions are being made to thoroughly develop
the lower level of this mine, meanwhile some
good ore is taken from the upper chambers.
Yellow Jacket declined from $1,000 to
1880, and sold yesterday at l,060@l $50;
som LOG feet in all changing hands. The
cash liabilities Of this company arc now
about 100000, and Sl32, 900 will be due in
nine aud twelve months, in payment OF the
Morgan Mill property. To complete the i'm
provements to this mill, the reduction capac-
ity Of which is to be increased to so tons per
day with 40 stampS), $4,000 will be re-
quired within the ensuing sixty days. In
addition 70 this it will also require an ex-
penditurc Of some 5000 to sink the main
shaft 10 the depth proposed and to pay for
work already done upon it. The shaft is
now down $50 feet. The west cross cut from
the south drift discloses some streaks Of good
ore and may lead to a well defined deposit in
that part Of the mine. An average Of about
40 tons Of ore per day, worth S37 so per
ton, has been hoisted to the surface during
the past ten days.
Crown Point has been moderately dealt in,
and 10 feet were sold, declining from $40 to
$50, rallying to us, and closing at about
go. The ore now taken from this mine
shows some improvement, and the receipts
Of bullion are likely to increase. The pro-
priety OF purchasing the Rhode Island Mill
is talked Of by some Of the stockholders and
trustees Of this company. The capacity Of
this mill is about 80 tons per day.
Rnlrher rosa RI N790 declinnd m 725 and
sold yesterday at 7l5@720.
Hale & Norcross fell from $3.50 to 460, and
closed at about $50. There is nothing new
from either Of these two claims.
Ophir was steadily maintained at $500
cash, and $50, seller 80, and sold yesterday
at 49,. The trial OF the Burning Moscow VS..
this Company resulted in a disagreement Of
the Jury. Eight out Of twelve jurors were,
il is said, in favor Of n verdict for the Ophir.
The body Of ore between the sixth and
seventh levels is improving, and from this
part Of the mine % tons, yielding $50, and
about 10 tons, giving 90@l20 per ton, are
now daily sent to the c%ompauy's mills The
receipts of bullion for the month Of June
amounted to S47 1000.
Empire Mill and Mining Company is
strongly held at about $500 pc. share. The
yield Of this mine for the past month
amounted to some $4,000, and a dividend OF
so per share has been declared. The COM
pany recently purchased about 1000 cords Of
wood for their use the ensuing fall and winter
and discussed $4,000 in June for this pur-
pose. An average of 100 tons Of ore per day
is now daily taken from the mine, the larger
portion Of which is first and second-class ore.
Chollar fell from S3i5 to 1856, and sold yes
terday at S3309325. In stopeing up from
the fifth to the fourth level in the south mine,
about twenty tons Of $40 ore are daily taken.
The indebtedness of this company is now
about Sl05, 900. Potosi declined from 1885
TO 1926. and was dealt in yesterday at S325@
800. From the third level (above the tunncl)
some 20 tons OF fair ore are daily hoisted TO
the surface. The present liabilities Of this
company amount to about Sl40, 000. The
Choilar Potosi Company owe 800, 600, on
account of the Grass Valley settlement and
$780, 900 additional, so that the combined
debts OF the two companies are at this time
about S445,0 0 to be reduced to S305,00O
after the payment Of the present assessment
of $50 per foot each.
Uncle Sam continues in favor and some
300 shares were sold, r~eceding from $500 to
lS5, advancing to $50, and selling yesterday
at S245@267. An assessment Of $50 per
share was levied June 29th. Overman is also
in better request, advancing from $3.50 to $50
and closing at S250@257. The two lower
levels in the mine are said to look very prom
Using. An assessment Of $50 per share was
levied on the Goth ult.
Imperial fell from S23S to 22l, ex-dividend
Of $40, paid on the 9Th inst, rallied to S2S5,
and closed at about 234. The mine is un-
changed, and the affairs Of the company are
deemed more lattering than for some time
past.
Burning Moscow has been largely dealt in
and nearly 1909 shares were sold, advancing
from $50 to 81, dropping to 81, rallying to
Sc, declining to % and closing at about 81.
An assessment Of $50 per share was levied
July 9th.
and sold yesterday at Sl9O@l75. Pacific
Insurance Company was sold at $40, ex-
dividend Of Sc per share, and is now held at
Sl42. California Steam Navigation was sold
at "A IT, cent. Firemens' Fund Insurance is
offered at Sll0.
The aggregate sales Of Stocks and Legal
Tender Notes since Saturday last, amounted
FN.aN NHn