Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-03-21
WEEKLY STOCK CIRCULAR.
From the Weekly Stock Circular" OF the As
socaied Brokers'
SAN FRANc1sco, March IS, 1865.

ANY lndteTldl Change SluCe OUT ldSl IeIeI-
ence. The demand is fair, but consider
ing the season of the year and the extraor-
binary animation of the share market, it
cannot be laid to be active. There has
been rather more inquiry this week than
last, but no change in the rates of dis
count, which rule steadily at l4@l1 per
cent. per month in Bank, and at l493 per
cent. for outside negotiations. The move
ment in stocks merely changes Bank bal
ances from the credit of one dealer to that
of another. without affecting the aggre-
gate of deposits.
The stock market this week has exhib-
tied considerable activity, and nearly all
leading shares were well sustained, some
of which have advanced materially. A
better feeling pervades the Stock Exchange
and many dealers look forward to still
higher prices. II must be conceded that
the actual product of number of claims
has largely increased of late, and that their
future has never promised SO we'll As now.
These facts are of themselves sufficient to
occasion the rise of the past few weeks,
and to impart the strength the market
now shows. But some of these shares
have been favorably influenced By other
causes. Eastern parties have recently
been buying largely and without much
regard to current quotations, thereby re-
lieving the market of considerable stock
which might otherwise not have met with
purchasers here. The money market, too,
is easier than it ever has been, probably,
on this coast, and speculative operators
are supplied by bankers and Others, with
all the means they require.
City stocks are dull and triaing sales
were made, at full rates, however. Spring
Valley Water Company was sold 10 the
extent of $50 shares, at 50A @ 504 per
share, and Pacific Insurance Company was
dealt in at $40. California Steam Navi-
CATION is offered at so, ex-dividend of ,
per cent. paid on the 18th inst. San
Francisco Gas is inquired for at S76 per
share. Omnibus Railroad is in request at
100, and North Beach and Mission IS held
at 10. The Central Railroad Company
have levied an assessment of So per share.
Legal Tender Notes have been very ac-
tive, and nearly one-half million dollars
have changed hands at the Board, declin-
ing from SAC TO j2sc, rallving to soc, and
closing at 55ac bid, Sc asked. The market
is well supplied. but large sums are held
by spectators, for rise. Gold has huc-
tuated in New York between 100 and l6+
since Monday last, and closed yesterday
at about liz. The probable payment
now of the gold interest-some $4,000, 900
due in May next, en- the $50 Bonds of
the Government, has doubtless influenced
the current value of gold at the East.
Yellow Jacket steadily rose from 81, $50
to $3.50, and closed at 2,7+5 bid, $3.50
asked; 90 feet were sold. Advlces from
this mine continue TO be of the most favor
able character. The face OF the drift run
ming south is said TO disclose splendid ore,
thus far, and i likely TO continue to q
distance of 200 feet further in the same
direction. The company are employing
some II mills, and their receipts of bullion
are increasing. A dividend of at least
800 per foot is anticipated for the month
of March.
Gould s Curry is still in much favor.
receding from 1875 to 1900, advancing
to 1850 and closing at about 1910; small
sales have been made. This claim has
yielded an average of 100 tons Of ore daily
SINCE the lst inst. The company's mill re-
duces 100 tons per day, including u small
amount Of tailings. The ore in the upper
or old works of the mine is estimated at
10000 tons, and this reserve, in addition
10 what has been found at greater depth,
will, il is believed, furnish all the ore re-
qulred 10 keep up the present dividends
TO a long time hence, should future ex-
pio, atoms develop nothing new.
savage has Auctuated but little, and is
well maintained; 81 feet were sold, open
ing at Sl,795. declining 10 SL7S0. ad-
vancing 10 Sl,775. and clio ing at Sl,7S0.
No change has taken place in this mine
during the week, and the usual amount Of
Bullion is being sent forward.
Belcher was sold at Sl,625 but is now
in demand at $3.50 bid. $3.50 asked.
The ore taken from the mine is yielding
well, and dividend of S75 per foot will
probably be paid for the current month.
Crown Point receded from $3.50 to
$1,000. then rose to $l,450, and was sold
Yesterday at $500, some 20 feet chang
ing hands. The company have employed
the Phenix and the Marysville mills, and
are now extracting some 60 tons of ore per
day. As soon as the air shafts from the
230 feet level are made TO connect with
the level above, and additional hosting
power is in operation, the company pro-
pose TO raise much larger quantities of ore.
Potosi has been actively dealt in, and
1877 feet were sold. advancing from 1886
to 81 ops buyer 80, receding to $3.50, and
closing yesterday at $3.50. The pay lode
in this mine at the 4S5 feet level, 200 feet
south of the engine shaft is said 10 be q
feet wide, and thus far has been opened up
a distance of 40 feet in length. In the
cross cut, at the same depth, so feet north
of the engine shaft. the vein, containing
good ore. is II feet in width, and conrin-
ues to improve. Most of the ore now taken
from the claim is from the upper levels.
Chollar has been quite feature in the
market, and 602 feet were dealt in at huc-
tuating rates, receding from 1896 10 1885, |
rallying to S435. declining to $500, rap
idly advancing to 1868, dropping yeSter-
day to S475, advancing to S532t. and |
closing at S565. So far as we can learn,
no material change has occurred in the |
mine; favorable indications have, how
ever, been met within the past day or two
in drifting for the 5th level.
Ophir was active and has been well |
sustained. owing in part to Eastern orders
for nearly all the stock sold this week
So feet were dealt in, advancing from S4l5
TO $3.50, and closing at about $3.50. Some
of the officers of the company in Nevada
have resigned.
Uncle Sam has attracted considerable |
attention, and 223 shares were sold rece-
ding from 1885 to 1910. rallying to 1920
and closing at $3.50. Overman declined
from $3.50 to $500, and is now offered at
1910. Hale s Norcross fell from 1915 to
$50, rose to 275. and sold yesterday at 265. |
Racnn (G Ii ! il held AT $3.50 ner share