Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-11-07
WEEKLY srOCK CIRCUtAR.
From the Weekly Stock CircularS OF the As.
ISOLATED Brokcrk]
c.-N-oa Noo A 1QcS


SHNFRANc1sco, Nov. 4, 1866.
A more active demand prevails for
money in Bank and upon the street. but
the requirement is not yet of sufficient ur-
gency to materially affect current rates OF
interest for acceptable securities, or to i'm
pede the negotiations of parties in good
credit.
The mining share market has exhibited
little or no vitality this week. Transac-
tons at the Board have been much lighter
than usual, and were chiefly confined to q
few leading stocks, in which operations
have been made from day to day, without
much regard to the character Of adyices
from Nevada. The aggregate yield of all
the mines on the Comstock, including
Gold Hill proper, proves, during the past
month. to be larger than was anticipated,
and exceeding $l,077, 900. There is likely
to be a larger bullion product this month,
from all that we can learn, and a number
Of claims hitherto heavily in debt will
probably soon be in q condition to cancel
a large portion if not all Of their liabili-
ties. Expenditures have been made with
out stint during the past three or four
months, not only for timber. supplies, etc.,
for the winter, but in the development OF
new bodies of ore, for the purchase of
mills and machinery of all kinds, in sink
ing new and expensive shafts, etc., etc.
Notwithstanding all these extraordinary
disbursements, the aggregate debt Of the
leading claims dealt in at the Board is less
than it was in June last, without regard
to the assessments paid since then. With
scarce an exception, oil reproducing
mines have of late been making some
money over and above ordinary expenses,
and now that their extraordinary expendi-
lures are to be materially less than for
some time past, we may confidently ex-
pect their affairs to assume a better shape
at no distant day. As to the quantity Of
ore disclosed at this time, in the lower
levels of leading mines, some contend that
it will compare fayorably with any former
period since May last; while others main
tain that there is now less ore in sight
than there has been for months past.
Alpha met with trifing sales at Stops,
and then was dealt in at 900, buyer 80.
Advices from this claim speak of some
improvement in the lower level. Gould
s. Curry rose from 1915 to l,o25, and
then sold at 1000, closing at 1850 asked.
Yellow Jacket has shown rather more
~steadiness, without any Improvement,
however, advancing from $3.50 to 1925,
buyer 80, then selling at 742 so, and
closing at 740. During the week ending
October 23d, l01 tons first class and 1884
tons second class ores were extracted from
the mine. In the same period 1884 tons
second class ores were reduced (879 tons
at outside mills and 456 tons at the COM
pany's miI), yielding in tho aggregate
$l37, 900, or an average Of $28 rs per ton
from partial eturns. nj
Savage has been less active. and 20 feet
were sold within q range of $776@8o2 90.
Receipts Of bullion last month amounted
to Sl37, 000-an increase Of $40,500 over
the month of September. In the fifth
level q width of IS feet has been breasted
out. The east corner contains a very rich
streak Of ore, and the west end also looks
well. Throughout the DRIFT 40 feet across
the Potosi chimney the ore is thought to
compare favorably with the body breasted
out. s-s r|a "
Crown Point has been very inactive and
dull at $SO0@760, closing at 40 bid. At
q depth of 20 feet below the 230-feet level,
the west stratum is turning out some good
ore, and above the l6o-feet level, in drift
ing south, q ledge of fair orc three feet in
width has been disclosed.
Belcher rose from $3.50 to $50, receded
to 40, and sold yesterday at 400.
Ophir continues to be well maintained,
in view of the decline in other stocks, and
100 feet were dealt in, advancing from
1886 to 425, receeding to 4l2t, rallying
425, dropping to 385, and closing yester-
day at $50. From the 18th to the 29th of
October $40 tons of ore were sent to the
Woodwork mill, which will yield some
$1,000 net; and during the same period
los tons, worth about 10000, were deliv-
cred ut the Washoe mill, nearly all of
which was taken from the fourth gallery
of the south mine. The south drift from
the Mexican shaft, in the ninth gallery, Is
now under way again, and preparations
are being made to drift east also at the
same depth.
Chollar receded from 1896 to 375@37O,
aud sold yesterday at 350@365. Potosi
rose from $3.50 to 375, and sold at $50,
buyer 80, dropped to 1913 so, then sold at
800, and closed at 1928. Advices from the
mines are regarded with favor by those
who seem to be well informed as to their
real condition. During the week ending
October 9th, 4l2 tons of ore were sold
to custom mills, yielding $SS@40 per ton,
less SIT per ton for hauling and reduc-
ton. In the same week $50 tons of ore
were sold for SS and 10 tons at $35 per
ton. In the Potosi ground, the Grass
Valley station is said to look well, and
the drift from the Bajazette level, running
north, continues in good ore. In drifting
south from the fifth station q small body
of splendid black sulphuret ore" has
been met with this week. The Grass
Valley station of the Chollar has met with
considerable improvement, and is now
paying better than any other portion OF
the claim. s q VIC. FL. :
Hale & Norcross has been sold within a
range of S260@3O0, closing at $50.
Empire Mill and Mining Company adj
vanced from $40 to 1872, and closed at
about 1856. From the upper levels Of the
north and south mine some good ore has
been taken recently, and preparations are
being made to sink deeper from the 600
feet level.
Oyerman has been sold within a range
Of $4,000, closing at 80. .
Imperial fell from $3.50 to 1876, rallied
to 1871, receded to 10, then sold at ITS,
and closed yesterday at 1921. Receipts of
bullion for the past month will not vary
materially from our statement Of last
week, amounting in the aggregate to about
$ll8, 900, including the balance carried
over. The regular dividend for October
will, we are informed, be declared on to-
day. A reserve of 1885 tons Of ore has
been accumulated at the Rock Point mill,
and the Lindauer establishment having
been turned over to its new owners, will
probably reduce $50 to 400 tons Of orethiS
month.
The total recorded sales Of Stocks, since
Saturday last, amounted to $690,04e
We WILL NOT FoRaBr.-That staunch
Union paper, the Red Bluff Independent
says ... - .8..a..r