Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-09-18
wEEKLY STOCK CIRCULAR.
From the weekly Stock Circular" Of the As
: ISOLATED BrOkers.l

* YIN ~ W.
i ISOLATED BrOkers.l
SAN Francisco, Sep. l6, 1865.
There is no material change to note in
the condition of the money market. A
fair demand prevails, but no unusual re-
ouirement exists, and rates OF interest are
tending downward. Bankers loan to their
customers, upon prime paper. at l4Y
cent. per month, and Exceptional transac-
tons are made at | per cent The better
class of mining shares is accepted By CAPT.
talists as the basis of loans but upon
those Of less prominence. accommodations
are obtained with difficulty.
The receipts Of treasure from domestic
sources are scarcely up to the usual aver
age, and since Saturday last, amounted to
lessthan $780, 600. The supply of bull
lion is thought to be adequate to the ship
ping requirement, however, and gold bars
were selling yesterday at S6O@S6O. Silver
bars range from 4tF cent. premium to If
cent. discount.
Legal Tender notes have been dull and
inactive at the Board this week but con-
siderable sales were made on the street at
72@721c, closing at 72c bid, 723c asked.
Our latest telegraphic advices from the
East quote gold at about l43, and the
market weak.
The share market has exhibited more
life and activity since Saturday last, and
the aggregate transactions show q much
larger business than last week. A few
leading stocks have advanced, and are
firmly held at the close; but nearly all
others have been dealt in at variable rates,
and continue to be freely offered.
Alpha is in better favor, advancing from
ST. $50 10 1000, and closing at 2,075 bid.
Tie second "clean up" at the company's
new mill realized some $4,000 from about
$50 tons of ore, and q similar result IS an
ticipated from the next crushing. An
average of about s~eventy-ive tons are now
daily extracted from the upper levels, and
as soon as o connection can be made with
a drift from the incline and the main shaft
at a depth of 800 feet, the product of the
mine will be largely increased.
Yellow Jacket has been in less request
and some sc feet were sold, receding from
Sl,46O to 1886, and closing at 1910.
During the week ending the Sd instant,
1850 tons second class ore extracted from
the mine, and 2,237 tons were reduced,
yielding S69,759 So, or an average Of
S3l Is per ton. The Morgan Mill is now
complete, with a working capacity Of
ninety tons per day. The south shaft is
now down 345 feet and the machinery Of
the Best g. Belcher Company has been
purchased at q cost Of $40. 900. The re-
moval and replacing Of the latter will re-
quire a further expenditure of some $751;
900.
Gould s. Curry rose from $3.50 to
1870, and closed yesterday at 1926.
Three outside mills in addition to the
company's are now employed, with q re-
duction capacity of some $50 o n per
day, and the receipts Of bullion this month
are likely TO exceed $l75.000.
Savage rose from $1,000 to 1910, then
fell to 1920, and sold at the close at l,24O,
The drift on the lower level has reached
the air shaft from the fourth station, and
shows, it is said, a small body Of ore,
The product of the mine has been increaS.
ed to an average of some 100 tons per day
Crown Point has been steadily main
tanned within a range Of $l,l20@l,l55r
closing at l,l25. Belcher has likewise
huctuated but little. and some so feet wert
sold at $8959925, closing at OH so,
Hale & Norcross has been dealt in to TIT
extent of SO feet, at prices ranging from
$500 to 400, and selling yesterday at sos,
Ophir has attracted considerable atten.
ton, and 26O feet changed hands, advan'
cling from 1856 to 40, buyer 80, droppine
to $50, ~rallying TO 387, and selling yester.
day at 1872 6O@4o6. We can learn of no
material change in this mine. 1t is re,
ported that the suit Of the Moscow Com.
pany has been postponed until Novembe,
next.
Chollnr has been active at lower rates
and 100 feet were sold, declining from
$3.50. buyer 10, to 430, and closing yes.
terday at $50. cash, assessment delinquent
Potosi is also in rather less favor. recedine
from 1920 to 405, and selling yesterday a
$50. cash, assessment delinquent. Tit
joint product of the two mines amounted
to $500 tons last month, and the net yielt
from the mills exceeded $4,000, or abou'
Sl3 so per ton.
Empire Mill & Mining Company wa:
unusually active, and more than so shares
we're sold, declining from $3.50 to $40
rallying to $3.50, and closing at 1855. Re.
ceipts of bullion last month amounted tc
$780, 900, but the purchase of considerable
wood, and other extraordinary expense,
consumed a large portion of the net earn.
ings. Some 5000 was left in the treasury
Of the Company or the lst instant. Bacor
was sold at $3.50 per share, and is now
held at 230.
Imperial has continued to be O feature
of the market, and some 1000 share.
were dealt in, advancing from $3.50, ex.
dividend. to 270, receding to 254, and sell.
ing yesterday at 262@265. The 600 fee,
level drift has penetrated a body Of ore
some forty feet wide, and the east wall Of
the ledge, it is supposed, will be reached
in running ONE 40 feet further. During
the quarter ending August 3lst, 1892
tons Of ore were treated, yielding an az.
gregate Of 1927, 800 so, or an average Of
$40 81 per ton. The total disbursements,
including two dividends of S40,0 900 each,
amounted to 263,425 l6, leaving a cash
balance Of 70,S75 SO, August 3lst. After
the payment Of the dividend Of $40 per
share, September 9th, there remained
S30.S75 66 in the treasury Of the Com
pany.
Uncle Sam and Overman have both
heen inactive within a range of $l90@l76
per share, closing at $50.
Confidence was sold at $l25@l22, and
closes at 1875.
Sierra Nevada was dealt in to the ex-
tent of $50 shares, advancing from $40 to
20. falling to 20 so, and selling yesterday
at 81.
North American advanced from Sl6 to
20, and closed at IS.
Burning Moscow was sold at $20@23
closing at 81.
Daney rose from $40 to IS, fell to AZ,
rallied to As, and sold at the close at A.
Exchequer has been in some demand at
S30@36 per share, closing at 80.
III I5 .nlon sc ukanl. o0J