Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-06-26
WEEKLY STOCK CIRCULAR.
IFrom the q" Weekly Stock Circular" oil Inc AS
ISOLATED Brokers.

WEEKLY 9TOCA OAnOO
IFrom the Weekly Stock Circular" OF the AS
ISOLATED Brokers.l
SAN Francisco, June "a, 1865.
Capital is still in ample supply for all the
legitimate demands OF the season, ana lne
bank rate shows no variation--l4 " cent
per month being the prevailing hgure; o4 y,
door negotions may be quoted az Ego "
cent, where parties are less favoraoly Known'
or in more need and consequently more ne1P-
less in the hands Of the money LENDER Inc
mercantile classes are requiring about tne
ordinary aid, which is readily. obtained, ana
so far az we can learn, interior coLeenons
and outstanding obligations are realized with
the usual facility and promptitude.. Loans
upon mining stocks are still made with hest
fancy, and considerable diStrust Is evinced oy
capitalists as to the future Of some claims.
The effect Of this upon the stock market nas
been depressing, but healthful for the mining
interest, by checking purely speculative
operations and directing attention more
closely to the actual condition and merits OF
the different companies.
In financial and commercial circles, the
movements ofeertaiu politicians, in this city
and elsewhere, respecting currency matters,
excites some remark, but no special anxiety.
The fear that Legal Tenders, or any other
paper money, not redeemable in gold, can be
made to circulate here as currency, 10 scarce
" entertained. The unanimity Of opposition
to it is remarkable, for the simple reason that
our present metallic currency is more staple,
safe and better every way, and that no neces-
sity for changing it exists here, as was the
case at the East. Were the change Of any
material importance to the Government, or
could it result benefcially to any interest on
this coast, business men would probably offer
no objection. II individuals are adventurous
enough to attempt the establishment Of a
National Bank here, under the laws OF Con-
press, with no other foundation than paper
issues for the redemption OF its Liabilities;
though there are doubtless many who would
be willing to be subsidized by such an in
et;tution. and favor Il with open mouth and
ness men who would have any confidence
in its stability, proftableness or usefulness.
Receipts Of treasure from the interior min
ing districts, since Saturday last, amounted
to 81, 100000, making an aggregate of 3d.
0OO, 600 during the current month. Gold bars
are selling at 8259S30, and silver at from par
to 2 If cent. discount.
Legal Terder Notes have been more active,
and $780, 900 we're dealt in, receding from
74c to Tide, rallying to 74ac, then selling at
74c9744c, and closing at about 74e bid.
Latest telegraphic advices from the East
quote gold at l39 on the Goth inst.
The mining share market has been some
what irregular and variable since Monday
last, but foT the most part nearly all stocks
are stronger, and have been dealtin at higher
prices than at the close Of last week. No
important developments have been made this
week in leading mines, but certain indica-
tiong were met with Of sufficient encourage
ment to induce little speculation in some
stocks and to give more strength to others.
Notwithstanding the losses sustained in the
depreciation OF all shares short time since,
the public seem to be eager to enter the mar
ket again upon the least evidence Of improve
ment in the appearance Of any portion OF the
Comstuck lode, at the depths now attained.
At no former period have explorations been
carried on with as much vigor and energy as
at this time, and future Developments will be
watched with great interest.
Gould & Curry advanced from u $50 to
81 ,725, seller 80, then sold at 1880, and
closed at 1850 bid. There 10 nothing es-
pecially new to report from this claim, and
the late rise is owing probably to the scarcity
Of the stock in this market, the presence Of
some Eastern orders to buy, and the recent
favorable indications met with in the Savage
mine.
Savage was in decided request early in the
week, suddenly advancing from 81, IFS, seller
so, to LOO cash; then receding to LAPS,
rallying to 1870, dropping to $50, seller
80, and selling. yesterday at l,49O(9l 500.
Within this range 100, feet were sold. In
drifting east and then running north from
the shaft sunk into the fifth level, small
body Of ore has been disclosed, which it is
thought may be a continuation Of the north
west deposit in the fosrth level above. II
this should prove to be 90, q newleaSe Of life
would be given to the mine.
Yellow Jacket has been very actively dealt
in, and 266 feet were sold, receding from
81, $50 to 1850, rallying to 100, dropping
to l,l35, again rising TO !, 200, and changing
hands yesterday at l,250@l ,232 50. We
have no direct adviceS from this mine this
week, but learn that recent developments
present no marked change. :.
Alpha declined on Saturday last to 81 100,
but rose OH Tuesday to $500, then receded
l,425, rallied to ! 800 again, and closed at
about 800 asked; some rs feet changed
hands. 1t is said that a formidable body Of
good ore is now disclosed in the lower level,
and that the company's prospects were never
more fattering.
Crown Point has been very steadily main
tanned, and So feet were sold, advancing from
$3.50 to $50, receding to $50, rallying TO 795,
and closing at 8256Sl0. In working up
from the 230 feet level and from the west
portion of the 160 feet level, good ore is now
taken, and some IS tons are daily sent to the
mill, averaging ABOUT $38per ton.
Belcher IS in rather better favor, and small
sales were made; advancing from8670 to
100, dropping to $50, and selling yesterday at
75OG760. In the southern portion Of the
first level considerable low-grade ore has
been found, and from the first and second
main stations some 20 tons are daily hoisted
TO the surface. The shaft 10 now down 430
feet, and will be sunk to depth Of at least
500 feet, when drifting is to begin and two
new levels opened. No dividend will be paid
this month.
Hale & Norcross has attracted some atten-
ton. and 249 feet were sold, advancing from
S525 to S675, dropping to $500, rallying to
$3.50, then selling at $SOO@690, closing at
1855, The company have won their suit
against the BajaZet, and are running toward
the lead from the bottom of the incline, with
some promising indications in the face Of the
south drift.
Oohir has fuctuated but little, and triAing
sales we're made at S490@ $780,. closing at
500 asked. The new engine shaft 10 now
down 500 feet, and drifting at this depth is in
progress. The company are daily shipping
rom the mine from IS to, 40 tons Of ore; a
small portion of which 10 said to yield, at
Dalls mill, $500 per ton, and the balance
about $50.
Choilar has been very largely dealt in, and
AT feet were sold; advancing from $50 to
S4OO, dropping to $50, suddenly rising to AS,
then declining to 400, and closing yesterday
at 375. ....e ...
Potosi has also shown great activity, and
the large number OF 595 feet changed hands;
advancing from $3.50 to 4674, receding to
400, cash, and 375, seller 80, and selling at
the close at about 375
Uncle Sam rose from BPS to It's, fell to
1870, rose to 100, and sold yesterday at l5O@
1855. Some rather favorable developments
have been made recently.
= Imperial receded to 0lp6 on Saturday last;
but aimee then has been in much more favor,
steadily advancing TO 245, and selling yester-
day at 240@2S0. In all, about l LIS shares
have changed hands. Ths face Of the south.
west drift, fifth level, Il in good $40 ore, and
promises to open into . large body. The
southeast drift l. also said to look extremely
Ill = d .a.;nk. of hu1l;ov Tina fay The cnr.