Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-03-28
WEEKLY sTOcK CIRCULAR.
From the weekly Stock Circular" Of the AS
ISOLATED Brokers.

Applications for accommodation in bank
have been rather more numerous this week
and owing to some local influences of q
temporary nature the money market has
shown greater stringency than at any time
since the opening of the year. Loans
have been made by bankers upon unex-
ceptionable names and choice securities al
full rates-l3 IT, cent. per month-and in
the open market, 2@3 IF cent. per month
has been paid on less desirable collateral.
Receipts Of treasure since the lst inst,
from the interior and northern coast have
been large, and amounted in the aggregate
to $3,950,OOo. The shipment of bullion
by Thursdays steamer to Panama, was
much lighter than usual, and for this rea-
son, together with the heavy receipts from
the mining districts, gold bars have been
| dull and heavy at 500. Silver is also less
desirable; sales made at 3@i IF cent.
premium.
The Stock Market has been apathetic
and less firm, so far as few leading shares
were concerned, but other stocks were ac-
tive and FOR the most part well sustained.
New York parties have now become large
ly interested in a number of mines, and
owing to recent favorable developments in
some of them and the regularity of diyi-
dends from others, coupled with the de-
cline in gold. these capitalists seem dis
posed to increase their interests in this
quarter. At the close, the general market
exhibits more strength.
City stocks continue dull. San Fran
cisco rs are in more favor at 70 bid, and
6's of '5S are inquired for at 81. Sacra-
mento County Bonds are held at 40, and
Sacramento City 6's are without market.
State Telegraph has been sold at IS. San
Francisco Gas has advanced to so bid,
and Spring Valley Water has improved a
fraction.
Legal Tender Notes have been attract
ing the attention of speculative operators
for some time past, and the recorded
sales during the week amounted to $780,
600, advancing from Sc to 62!, and clos
ing last evening at about Gle. Telegra-
phic advices from the East quote gold as
low as l54 on the 2lst inst, but much
higher figures are reported since then.
Yellow Jacket receded from $3.50 to
$4,000, advanced to $4,000, as was sold
yesterday afternoon at $3.50. Within
this range 80 feet were dealt in. We are
informed of no material change in the
mine this week. The south drift con-
tinues to disclose large mass of fine ore,
and the operations of this company are
progressing with great vigor. 1t is be-
lieved that the yield Of bullion for the cur
rent month will amount to some $500, 900,
guaranteeing dividend of 800 per foot
and surplus in the treasury.
Gould 4 Curry has been steady but IN
active; 81 feet were sold, declining from
$1,000 to $l,S75, rallying to $3.50, and
closing at 81, $50 bid, and $3.50 asked.
Thus far this claim has been the fayorite
of the Eastern capitalists, who now hold
large proportion of the stock and are
still buying. Receipts of bullion are up
to the usual average of the past few
months, and the regular dividend of $50
per foot will be declared for this month.
Savage fell from. Sl,735 10 Sl,700, rose
to Sl,745, receded to $l,72O, rallied to
Sl.765, and closed at about Sl,77O asked,
20 feet in all changing hands. The North
Potosi chimney in this mine is said to
look as well as ever, and other portions of
the claim are no less promising. The
usual dividend will be diSbursed to the
stockholders for the month of March.
Belcher declined from 81 $40 to $l,575,
rallied to $1,000, and closes at $1,000
bid; 25 feet were sold. At the lowest
working level, the lode in this mine is
some 500 feet in length, and the richest
pay streak from to 10 feet in width. A
large reserve of fair ore is allowed to re-
main untouched, and only the better
quality is now taken out. The dividend
for this month will be increased to $75
per foot, leaving balance at the credit of
the company.
Crown Point is in good request, and II
feet were sold, declining from $1,000 to
Sl.44O, advancing to $1,000 again, and
held yesterday at Sl,5l0. The Marys-
vile and Phoenix Mills are crushing some
fifty tons of ore daily, but other mills are
to be employed as soon as the air cham
bers are made to communicate with the
upper works and larger quantities of ore
can be hoisted with more facility.
Potosi has continued to be actively dealt
in, and l20 feet changed hands, opening
at 1910 per foot, advancing to 1890, de-
clining to 5000, rallying to 1915, reced-
ing to 5000 again, then advancing to 1915
buyer 80, dropping to $3.50, and selling
yesterday at 1850. The product of this
mine is at present about $50 tons of ore
per day, and the aggregate yield of ore for
the month will amount to some 5000
tons.
Chollar is in rather more favor, and 633
feet have been sold, declining from $3.50
to $500, advancing to $7271 buyer 80, re-
ceding to $500, rallying to 800, and
closing at about $685.. The east wall of
the ledge in the fifth level of the south
mine has been reached by the drift from
the main shaft, and at that point, it is be-
lieyed, substantial deposit of pay ore has
been found. A prospecting shaft, sunk
from the fourth level, also discloses good
ore. The pay portion of the lode in the
latter level was some 200 feet in length.
The suit of this company VS.. Potosi, to
determine whether former decisions were
bar to further litigation, has been set for
trial to-day.
Ophir has been dull and in less request;
some ~ feet were sold, declining from
$3.50 to 1925, rallying to $+3O, and clos
ing at 1880 bid.
Uncle Sam is still in favor, and 275
shares were dealt in, declining from 1915
N 2Q0S rallyiOU RI &2ln 1roppiDu t0