Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-11-28
wEEKLY srOCK CIRCULAR.
tFrom the Weekly Stock Circular" Of the AZ.
II ISOLATED BrokerLl

-
lFrom the Weekly Stock Circular" Of the AZ.
] ISOLATED Brokerll
SAN Francisco, Nov. Is, 1866.
! Although it is difficult to place anything
but prime paper, there is rather more dis
position to accept certain mining shares as
the basis Of loans, and a number OF nego-
tiations of this character have been made
during the week. The current rate in
bank is l4@l3 ~ cent. per month.
The receipts Of treasure since our last
reference have reached 10000 600, making
an aggregate Of $3,400,00o thus far during
the current month. 7rt ,rU-yglrrgr-v
An important rally in all mining shares
was i%naugurated at the close of last week,
and the movement continued for several
days, when a stampede took place and
every stock on the list met with q decline.
Since then the market has eyinced rather
more steadiness, with q tendency to higher
figures for some stocks. Adyices from
Nevada are thought to be rather more en-
couraging with respect to the future OF
certain claims, and it is stated by those
who ought to be well informed that a
prominent banking institution in this city
(upon whom many parties usually rely in
the negotiation Of their stock collateral
loans), is again, extending its favor in that
direction, with, however, more discrimina-
ton than formerly.
California Steam Navigation Company
fell from S68 to 60, seller 80. rallied to 20,
and closed at SO asked. We are authoriz-
ed to state that this company has bought
of Mr.. J. B. Dickinson the screw steam
ships Ajax and California, both Of which
are to be actively employed in the coast
trade. These vessels are new and OF the
most substantial character, and it is be-
lieved that their purchase will not inter-
fere materially with the regular dividends
Of the company, owing to the large surplus
on hand. The disbursement required fer
the first installment due upon these ships,
will serve. to explain why the last divi-
dend was paid in Legal Tender notes, and
it is likely that one more will be paid in
the same kind Of funds.
Gould s. Curry rose from $3.50 to 920,
then sold at $50, and closed at about 975
asked. Their mill has recently been crush
ing an average of l20 tons of ore per day,
and outside mills are reducing about 20
tons daily. The annual report of this
company will, it is thought, present some
encouraging features as to its present con-
dition and future prospects.
Alpha rose from $3.50 to $50, receded to
8lj, rallied to 800, seller 30, dropped to
100, sold on Thursday. at 800, and closed
at $50. Recent developments in the lower
level are favorable, and it is thought that
q large body of good ore will SOC be dis
closed in that portion Of the mine.
Savage has been actively dealt in, and
some fifty feet were sold, advancing from
1920 to 675, buyer 80, receding to $40,
then selling at 67o@666, and closing a,
76O, assessment delinquent. The repairs
to the shaft were completed On Tuesday
last, and since then an average Of somc
200 tons of ore per day have been hoisted
to the surface. Arrangements have been
made with outside mills to crush 100 tons
daily, and the Minnesota mill will also
reduce about 25 tons per day. The finan-
cial condition of this company is now
about as follows: Immediate liabilities,
S23l,000; due upon the Minnesota mill,
$40, 900 in monthly instruments of $4,000
each-in all S27l, 000. From the recent
assessment $40, 900 will yet be received,
reducing the actual Indebtedness Of the
company to about 5000 900.
Yellow Jacket was in decided request
early in the week, and rapidly rose from
$545 to 75O, buyer 20, then dropping as
suddenly to $50, rallying to 900, selling
on Thursday at 559@565, and closing
yesterday at $40. The southwest drift i:
said to have met with a deposit of good
ore, and in the mort end of the mine very
rich ore has been found this week. Drift.
ing has begun in the different levels from
the new or south shaft.
Crown Point advanced from $3.50 &c
$50, fell to 700, seller 80, rallied to 720,
and sold at the close at $50. During the
week ending November 18th, 296 tons o.
orc were reduced by the company's two
mills. In the lower level drift pay ore ha:
been met with, and the indications are said
to be favorable. The south incline on thC
west stratum is now down 81 feet from
the 230-feet level, and the ore improving
The north incline is 50 feet deep, and also
looks better. In the east stratum the in.
cline has attained q depth Of 46 feet, and
the pay streak carries fine ore, but is mar.
row.
Belcher fell from $500 to 295, rallied a,
305, and sold yesterday at 800. Little oil
no progress has been made recently in the
drifts from the lower levels, owing to
continued influx of water. The debt Of
this company is now about 100000.
Ophir rose from $40 to AIS, buyer 80,
then selling at 400, and closing yesterday
at 395. Receipts of bullion during the
first half of this month amounted to $780,
1868, and the indebtedness of the company
is being materially reduced.
Chollar- Potosi advanced from 1886 to
3l5, fell to 2771, and sold yesterday at
295@292. During the week ending 18th
instant, 800 tons of ore were sent to GUS
tom mills, 208 tons were sold at 50 per
ton, 46 at 81, and 100 at IS. In the
Bajazette ground the north drift is in 80
feet, and continues in good ore. The
drift south, east of the pay scam, is also
in 80 feet, and has run into good ore. The
new developments on the south end Of the
Potosi, now communicate with the 9th
station of the Chollar, and it is said TINT
a large quantity Of ore can yet be taken
from that point. The drift from the new
shaft is now under way. The debt Of this
company is now about $3.50, 900.
Empire Mill and Mining Company
rose from $l65 to 1856, and closed at about
l75. The drift, l39 feet west Of the shaft,
at a depth of 100 feet, has cut a vein of
fair ore some 20 feet in width, in hitherto
u]nprospected ground, and it is thought to
reach within 80 feet of the surface.
The total recorded sales Of Stocks, since
Saturday last, amounted to $772.340.
The CHICAGO TuNNBL.-The Chicago