Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-10-16
wrEkLY sToCK CIRCULAR.

WGhEAAA
From the weekly Stock Circular Of the As
sociated BrokerEl
= SAN FRANCISCO, Oct. IA, 1855.
The money market this week has ex-
hibited rather more activity, but the re-
quirement as yet is not Of sufficient urgency
to effect the current rates of interest upon
frst-class paper and other collateral. In
stock circles some stringency has been
felt, and the recent decline in nearly all
stocks, has, for the moment, impaired
confidence to such,a degree that accom-
modations are now obtained with much
difficulty upon this description Of security.
It is proper to state, however, in this con-
n~ection, that a certain Banking Institution
is now affording material aid to some
dealers. G.
The arrivals of treasure in this city, from
all sources, during the first nine months
Of the current year, has been as follows:
From California, $24,029,743; from Ne
vada, $l2,404,776; from Victoria and
Portland, S5,2l3,00l; imports, foreign,
81, 1900, 900; total, $43, las, APO.
The above figures include coin as well
as bullion. The total recorded receipts of
the latter for the past nine months,
amounted to S37, 1886, O3l, showing an in
crease of $2,594,455, as compared with a
corresponding period Of last year. The
receipts from Nevada (nearly all Of which
were b~ullion), during a like period in
1864, were about $ll, 000,0 showing
an increase this year Of $l,400, 900.
Since our last issue, the Mining Share
Market has been exceedingly active, and
nearly every stock on the list met with
a serious decline. The panic still prevails,
and is attributable solely to the sale Of a
large amount Of hypothecated stock to
cover advances. The severity and sudden
ness of the fall in prices seems to bcwilder
most operators, and until this feeling sub
sides, and a little reflection is given to the
real character Of the different mines, it is
reasonable to anticipate great caution and
even timidity on the part Of those who are
disposed to invest in them. A reaction,
however, may take place at any moment.
Alpha declined from $1,000 to 1000,
rallied to l,6O0, and closed at l,400, at
which rates 38 feet in all were sold. There
is no ~unfavorable change to note in the
condition Of this mine, and the financial
affairs of the company are steadily i'm
proving.
Yellow Jacket was dealt in to the cx-
tent of 100 feet, dropping from $1,000 to
l,060, rallying to l,ll6, receding to 1850,
then selling at 1850, and closing at 1850.
During the week ending October I'd, 80
tons first-class and 1896 tons second-class
ore were extracted from the mine, and 40
tons first-class and l,5l7 tons second-class
ores were reduced, yielding an aggregate
Of SGT, $40 %. The entire Indebtedness
Of the company, at the close of last month,
amounted to $295,359 81.
Savage fell from 81, 100 to 900 and 1000,
buyer 80, then sold at l,0l0, and closed at
l,0l5. The drift in the lower level now
shows different qualities Of ore o distance
of sixty feet across the lode, and other
portions of the mine are said to look
we'll.
Gould & Curry declined from l ,l60 to
go, and sold yesterday at 1905. Three
outside mills are now employed in addi-
ton to the co~mpany's establishment, with
a reduction capacity in all Of some 1856
tons of ore per day, and the receipts Of
bullion this month are likely to exceed
those of September.
Crown Point has been dull and mac
tive at 81, 025@900. closing at 900.
Belcher steadily fell from 1906 to CTS,
then sold at 500, and closed at 500 bid.
Hale s. Norcross declined from 1915 to
4l5, rallied to 400, dropped to 4O5, and
was dealt in yesterday at 4l0@4l6. With
in this range some 800 feet changed hands.
A survey Of the surface of the surface Of
this claim shows that a considerable por-
ton of the developments made recently IN
the south Wine are within the line OF the
Chollar- Potosi Company.
Ophir has been actively dealt i'll, and
some 1876 feet were sold, receding from
S5l6 to All, then changing hands at 800,
and closing ut about $50. There is moth
ing new from this claim.
Chollar was dealt in to the extent of $50
feet, advancing from $50 to 900, buyer 80,
dropping to 445, then selling at 400, and
closing at 1876.
Potosi has also beer active, and 245 feet
changed hands at $460@425. Advices
from this mine continue favorable.
Imperial, in view of the decline of all
other stocks, has been rather well sus-
tanned declining from 1925 dividend on
to $lS5 ex-dividend, advancing to 22O,
receding to 200, rallying to 200, and SELL
lug yesterday at l9O@l97 so. More than
1000 shares were sold within this range.
The company has purchased the Lindauer
& Hirschman mill on the Carson for $780,
900, payable in monty installments, run
ming over a period of six months. This
mill is said to be complete in all respects,
with "a stamps, and cost about the bum
to be paid for it. 1t is now at work for
its new owners, and will crush some Is
tons of ore per day, without interfering
with the present water-power OF the Rock
Point mill. This latter establishment re-
duced, last month, 1900 tons of orc, yield
ing 5000 As, or an average of 1913 OIL
per ton, and the Gold Hill mill crushed
9O7 tons, which yielded $3l,OS9 05, an
average of 81 % per ton. During the
month of September, 2,Sl5 tons were ex.
tracted from the mine, leaving on hand
2,l83 tons September 30th. The crushing
capacity of the three mills will probably
exceed 5000 tons this month, (some 600
tons more than last,) and the receipts Of
bullion are likely, therefore, to be in
creased.
Empire Mill s. Mining Company fell
from S237 to 235, and closes at 200.
Overman dropped from 1920 to 100,
and sold yesterday at l05. .
Bullion fell from $l42 to 80, then sold
at 90, and closed at 100.
Sierra Nevada was sold at $23@l7,
closing at $lS, and Daney closed at about
$50.
The total sales of stocks at the Board
since Saturday last inclusive. amounted to
81, l66, 909.