Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-08-21
wREKLx STOCK CIRCULAR.
From the weekly Stock Circular" Of the As.
sociated Brokersl
c. n-----.nnn A. 10 lQHE II

WEEKLY STOCK CIRCULAR.
From the Weekly Stock Circular" Of the As.
sociated Brokersl
SAN Francisco, Aug. 10, 1866.
The amount Of capital offering for loan
purposes continues to increase and capitalists
are Obliged to take securities less acceptable
to them and at lower rates OF interest than
formerly. The accumulation Of money is
undoubtedly greater than ever before in the
history Of this city. The comparative stag
nation of trade has probably much to do with
this increase Of idle capital, for the amount
of mercantile and regular business paper un-
der discount is unusually small. The current
rate in bank upon first class names and other
good securities is now II per cent. per month
and some important negotiations have been
made this week as low as l per cent. per
month. Outdoor transactions take q wider
range and rule at l4924 per cent; per month.
Receipts Of treasure from the interior
mining districts have been exceedingly light
this week and amounted to less than $780,
600. A good demand has prevailed for bull
lion this week, and with o moderate supply
on the market, gold bars advanced to $3.50
$40. Silver bars are a shade better and may
be quoted ut par 63 per cent. discount.
Legal Tender Notes are without animation
at 744@743c. Since the interruption Of tele-
graphic communication with the East specu-
lation seems to have ceased, n most trans
actions are now confined to the legitimate
supply and demand Of the street.
The Mining Share market, early IN the
week, was very much depressed, and nearly
all stocks were subjected to q decline. Dur
ing the past day or two, however, some m
proyement has taken place, and a number Of
shares are again IN favor at enhanced rates.
The ores found recently in o few claims are
thought to promise q more productive yield
the current month, and If these developments
continue to hold out, q material Improvement
in the financial condition q q number OF
companies may be anticipated at an early
day.
Gould & Curry wa, sold at $l5O0@l475$
foot, and Is now inquired for at l475. The
product Of the upper levels shows no diminu-
ton, and the receipts Of bullion, thus far the
current month, compare fayorably with q like
period in July.
Alpha remains inactive at about Sl450 bid.
Yellow Jacket opened ut $l425, fell to
1905, rallied to 1850, and sold yesterday at
l375@l350. The ore extracted during the
week ending the 7th inst, amounted to 8ll
tons, and 765 tons were reduced, averaging
$40 Of $P ton. The development in the
southern portion OF the 360.feet level is said
to promise we'll, and the west cross.cut fIom
the 280-feet station, has penetrated q body OF
| rich red orc some IL feet in width.
Savage is in better favor, advancing from
$3.50 to 1910, and closing at l40O. A west
body Of ore has been met with in drifting
from the shaft, which is supposed to extend
from the LIST to the Sd stations, and the lower
or 9Th level shows some improvement. From
different portions Of the mine, about rs tons
Of ore, averaging $40 per ton, are extracted
daily. - - d
Crown Point steadily rose from $3.50 to
1910, receded to 1885, rallied to 1910, and sold
Yesterday Mt l240@l230. The lode in the
north end Of the 230 feet level is now some
80 feet wide in the cross-cut, and drifting
has begun from the shaft in the 300.feet sta
ton, to reach q continuation Of this body Of
ore.
Belcher is in less request, declining from
1925 to 920, and closing at $40.
Ophir has been dealt in to the extent Of 20
feet, advancing from 1870 to 400, declining
to 800, rallying to $50, and sold at the close
at 800. The ores between the 9Th and 9TH
galleries are thought to be giving out, but 4
small quantity of rich ore is being taken from
the 4th and 9Th stations Of the north mine,
and q large lot Of waste rock in the old works,
between the latter galleries Of the south mine,
is found to assay over $65 per ton.
Chollar has been inactive, but very steadily
maintained within q range Of 85009525, and
| closing yesterday at SIS asked. An assess
ment Of $34 " foot was levied on the 18th
inst, and this, when paid, will liquidate the
entire indebtedness Of the old corporation.
Potosi has also been less active than usual,
and l07 feet were sold, dropping from 8475
to AGO, rallying to 40, and closing at 473@
472t. Fifty dollars If foot wls levied this
week, and another assessment Of about 3l5
will be required to cancel all the liabilities Of
the old company. Developments made re-
Gently in this mine are regarded with much
favor.
Imperial has been q feature Of the market,
and some 800 shares were sold, advancing
steadily from 229 tu go, and closing at 266.
| Receipts of bullion from the company's two
mills, for the first Is days Of this month,
amounted to $4,000, and the orc has averaged
about 65 per ton.
Uncle Sam was active OF variable rates,
and 600 shares were dealt in, declining from
$3.50 to 100, advancing to 235, receding to
225, and selling yesterday at 2l592l7. Over
man fell from go to 200, rose to 235, and
closed at 2l5.
Confidence has improved, advancing from
$l20 to l40, and selling yesterday at 1890
l4O. The southeast drift has penetrated a
body Of good ore some six feet wide, at n
depth Of $40 feet. .
Bullion rose from $3.50 to 1853, and closed
at ia.
Exchequer was sold at S47 so, then fell to
~, rose to 46, and closed at As.
Daney rose from $42 to 60 so, fell to SIS,
and sold yesterday at 81. The deposit of ore
found last week in the 200-feet level is said
to continue as drifting progresses, and the
same body we are informed has been found
in the 275-feet station, some six feet wide.
Burning Moscow was sold at $35@34 so,
closing at "a.
Sierra Nevada was dealt in at Sl7 5000.
North American, at &3l 5000 so.
Buckeye, at $6.
Lady Bryan, at IS.
Wide West, at 81 5098.
The recorded sales Of Stocks and Legal
Tender Notes, since Saturday last, amounted
a. 0nI