Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-05-08
WEEKLY STOCK CIRCULAR.
From the Weekly Stock Circular" OF the As
sOeiated Brokers

muuey MARKET IL wei
available capital, and former rates still rule
in Bank-l3 T cent. per month upon nrs.;
class business paper and other uneXcePtlonai
collateral. In stock circles an active demand
continues at Los cent. per month, and
the recent decline in nearly all shares has for
the moment impaired confidence in this de-
scriptinn Of security.
Receipts of treasure from the interior since
Saturday last amounted TO 81, 100 900, and
guild barsdhave been in good demand at SfOCG
$50. Silver bars are ruling nj TT cent pre-
MUM to tP cent. discount.
Legal Tender Nutes have been we'll main-
tanned during the week, and the sale" amount
ed to $s2S3, 800, advancing from 7lsc to TIC,
receding To 7l3c, rallyinR again to Izfc' ana
clusing at 72ac bid, 72Sc asked.
Our latest Geographic adyices from the
East quote gold at l42.
Since our last issue the Mining Share
Market has exhibited extraordinary anlma-
tim, and nearly every stock ON the list met
win seriuus decline. The panic stiIl pre-
walls, and l.; attributable in some degree :"
recent unfavorable developments in certain
portions of the CUmst0ck lode and 10 the sale
Of II large amount Of hypothecated stock t"
cover advances.
The severity and suddenness OF the fall in
until this feeling subsidies and little retiec-
ton is given to the real character of some OF
these mines, it is reasonable tn anticipate
great caution and even timidity on the part
VI those who are disposed To invest in them,
Yellow Jacket declined from Ss2,26O to Sl,-
$50, rallied To 81 ,000, receded I" 81 $50, then
sold at 81 $50, aud closes at Sl,73O bid, ex.
dividend OF 500 per foot paid yesterday, !
feet changing hands. The product Of the
claim has averaged $40 tons Of ore per day
during the week. The southern end Of the
mine shows some improvement, and other
portions Of the lode are said to be looking
well
Savage fell from $1,000 to $3.50, seller
| 80, advanced to 81 ,8eJ, receded to 81 $50,
rallied t. 81 800, and sold yesterday Mt ST..
$50, ex-dividend Of $75 per foot. The re;
ceipts of this company for the month OF Aprll
we're in excess Of those for the previous
month, and after the payment Of dividend,
a surplus Of some $4,000 remained at their
credit in bank. Nearly $50, 000 have recently
been expended upon the new hoisiing and
3Tnping apparatus now in course Of construc'
non, and the payments required fur their
completion are to be made us the work pro-
| lresSes. These improvements are To be OF
| the most efficient character and will exceed
! IN power any thing now used in Nevada.
Gould 4 Curry has been sold To the extent
Of 81 feet, at rates steadily declining from
| 81, 800 to $3.50 and then ut 81 500, less
The dividend OF $75 per foot, and closing at
about 81 ,525 asked. The yield Of bullion
last month exceeded 100000, and during
the week the receipts have been up to the
| usual average. No change has taken place
IN the upper portion Of the mine, and the
drift is not yet underway from the D street
haft.
Belcher has been conspicuous feature OF
the market, and ~ feet were sold, declining
from Sl,550 TO 81, l8J, rallying to Sl,2JO,
dropping to $500, and closing Yesterday after
noon at Sl,O25. The sudden depreciation Of
If this stock has been a subject Of much
comment in stock circles. So far as we are
informed, the present appearance Of the lode
| in the lower level nnrIh Of the shaft, il nut
-hattering, and efforts will now be- made TO
| lind paw re at greater depth; meanwhile,
It is said, that considerable quantity Of ore
| can be taken from the upper levels.
Crown Point fell from Sl,2l0 to $1,000,
rose to Sl,l65, dropped To Sl,0T5, and sold
| at the close at 81 ,05O. Within this range e.
| feet were sold. Receipts Of bullion for the
month Of April amounted to S3S,OO0. In the
23J feet level, the lode norm and south is
Improving, and the pay portion Is now feet
vide and $50 feet in length. The company
will commence sinking 10 feet deeper next
week, and the new huiSring machinery is
then TO BE- in operation. Four mills are now
employed in the reduction Of e. TINS OF ure
| per day. Mr.. F. G. Taylor, formerly Of the
Best & Belcher mine, has been chosen super
intendent Of the Crown Point Company.
| Alpha has proven about the only exception
| to the decline in all other stUckS, advancing
from $3.50 to 1850, and closing at $50; some
| 30 feet changing hands. The lode i'll the 53]
feet level continues To improve and is now
some ID feet in width in good ore. The upper
levels are also looking better. 4 recent
crushing averaged about S7D per ton.
Chollar has been extremely active and 3S4
feet were sold. steadily declining from SID
| TO 4S0, rallying to 5Oj, and closing at 497tt.
The incline running southwest in the 9th
level Of the north mine discloSes better
quality Of ore, and the shaft sunk from the
ith level in the south mine has, il is said.
penetrated gnnd ore. Abuut l50 tons, aver
aging SIS, are now daily huisted to the
surface.
Pnto>i was dealt in to the extent Of l4j
feet, declining from S7Sj to $40, then selling
| at 365, aud closing at about $50. The PR
duct VI this claim amounts to sumo l60 tons
! per DAY, and different portions Of the lode are
| iuuking as well a. ever.
The Chnllar-Potosi company are perfecting
arrangements for the adjustrr ent Of all the
debts of the two companies, but nothing def
mite has been determined upon as yFt A.
| K. P. Harmon has been elected President,
aud W. Z. Dean Secretary Of the cunSOliddt-
| I'd companies. The uniform courtesy and
efficiency OF these gentlemen gave, we believe,
entire satisfaction TO the stockholders Of the
old Chollar company.
Empire Mill & Mining company is in more
| favor, and is well maintained, advancing from
S4S5 TO 800, buyer 80, declining to 49,, rally.
ing to 400, and closing AT about 49J. This
company has surplus Of some $50, on
hand, and will probably declare a dividend
next week. The north and south claims are
both giving evidence Of improvement.
Hale & Nurcrnss declined from $500 to
39J, and closes at $40 bid. 0phir steadily fell
from 52j TO 345, and sold yesterday at 375 /;
| in al, some ~ feet changing hands
Minerva dropped from S345 to 2l5, and
closes at 2l0. Work upon the shaft is being
continued, and an assessment Of l0O per foot
has been levied upon the stock Of the COM
pany.
Uncle Sam fell to $3.50, rose to 275. buyer
80, again declined to 250, and closes at 245.
Confidence (G. II } was dealt in at $40 per
share, and is now held at l55. A dividend Of
100 per foot has been paid for the mouth Of
April.
Imperial rose from S295 to S05 per share,
fell To 275, and is now held at 2S0, eX-dividend
Of 10 per share paid yesterday. A cross.cut
is now underway, running south, at puint
fifty feet east OF the Alta shaft, and thus far
it disclosrs as good ore as has been found in
the main drift. Washoe advices speak very
farnrably of the future Of this mine.
Bullion fell from $l624 to l4O, rallied to
$50, buyer 80, and closes at about l42l.
Some loo shares were sold. Burning Moscow
has been comparatively steady, and 700 shares
were dealt in at from 475 to Al.
Nevada, ~. G. declined from $62 to 45,
rallied to 81. and is held at the close at 48.
Wide West fell from II to 8; Sierra Nevada
declined from "a TO Is, and Daney dropped
| from 20 to IA. -..
The aggregate sales of Stocks and Legal
Tender Notes, since Saturday last, amounted
to 81, $50 $40.
TEETH like pearls and breath OF sweetness