Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-07-31
WEEKLY STOCK CIRCULAR.

Nv HHHA S1OOh OA1k ,
From the weekly Stock Circular" OF tho As.
sociated Brokers.l
San FRANCISCO, July 20, 1866.
The loan demand for money has not i'm.
proved, but large sums on deposit arc being
used for various purposes. Rates Of interest
remain unchanged, and rule at li@l3 ~
cent. per month in the open market. II has
been evident for some time past that capital,
available for loan purposes, exceeds the re-
quiremcnt, and it is thought that this pie
thora in banking circles will be augmented,
and lower rates Of interest soon prevail.
Receipts of Treasure from the country
since Saturday last, amounted to S9OO,OOO.
making an aggregate Of some $4,OOO,OOO thus
far the current month.
Bullion meets with no especial inquiry, but
is readily taken by bankers at former quota
tions. Gold Bars rule at 8209825, and Silver
is selling at about par for round lots.
Legal Tender Notes have been rather more
,ctive this week. and some $4,000 were
dealt in within a range of 733@74tc, closing
1t 733c bid, 74c asked. United States Seven
rhirties (June 18th issue) were sold at 743@
IA, accrued interest to the purchaser, and
IRE now held at 74i. Our latest telegraphic
intelligence from the East quotes gold at III
IN the 22d inst.
The Mining Share Market has been devoid
Of animation since Saturday last, and nearly
al stocks were depressed and freely offered
It declining rates. As soon as the affairs Of
certain leading companies have assumed
such shape and consistency as are adapted TO
inspire a little more confidence, and some Of
them are likely to resume the payment Of
dividends, n speculative demand may ensue.
At the present moment most operators for q
rise are anticipating lower prices, and stand
aloof. It is proper to state, however, that
some dealers entertain different views, and
seem confident that a reaction will soon take
place, and that higher prices will prevail.
Gould & Curry has continued to droop.
Small sales were made at 81 700, closing at
Sl,575 asked. The upper levels in this mine
are yielding well, and some 1000 tons Of
good ore have been hoisted to the surface
since the first inst. There is nothing new in
the lower drift from the D street shaft. A
dividend Of $50 IT, foot will be paid for the
month of July.
Alpha receded from $l,46O to Sl,4OO, raj
lied to $500, and is now held ut $1,000.
Some ten feet we're sold. An assessment Of
800 IT, share, or $3.50 IF foot, was levied on
the 9th inst. This will, it is stated, cancel
Ill the liabilities Of the company. In oil,
S720 IT, foot has thus far been levied, but it
is said that no further assessment will be re-
quircd to place the mine in q paying con-
dition.
Yellow jacket has been actively dealt in at
auctuating rates, and some liz feet were sold,
rising from $l,040 to s. 1900, declining to
Sl,OiO, rallying to Sl,l40, buyer 30, and
closing at ST, l60@l, $50. No important de-
yelopments have been made recently, but
certain portions Of the mine are looking re-
markably well.
Savage is very much depressed, and trifing
sales we're effected a. 81, 300@l, $50, closing
1t about 1900 asked. An adjourned meet
ing of the stockholders was held yesterday.
Nothing new was elected, no quorum being
present.
Crown Point is in less favor, and SO feet
we're sold, receding from $3.50 to 1915, and
closing at $50 bid. The main shaft is now
down Sc feet from the second level, but its
progress is somewhat interfercd with by q
large body of water. The incline from the
second level is still in good ore. Belcher is
also lower, declining from 855 to sos, and
selling Yesterday at $8l0@790, s. 80.
Ophir has been more active than for some
time past, and 80 feet were dealt in, steadily
dropping from $500 to 1856, and closing yes
terdny at 4OO@395. The second trial Of the
Moscow vs.. this company, resulting in no
verdict, u change Of venue to Esmcralda
county has been granted for the next trial
upon motion Of the plaintiff. The yield Of
the Ophir mine for the current month cx-
ceeds $4,000 in bullion. .
Chollar continues lively, and ZIG changed
hands, opening at 1925, advancing to $50,
buyer go, dropping to 400, rallying to 1872,
and selling yesterday at 44S6465. Potosi
has been quite a feature Of the market this
week, and 6l8 feet were sold, advancing from
AIS to 1876, receding to 1856, rallying to 422,
and closing at 4S094S2, assessment Of $50
delinquent, Recent developments in this
mine are regarded with some favor.
Uncle Sam has attracted less attention,
declining from $500 to 245, rallying to 275;
dropping to 255, and selling yesterday at 272
6275. Overman has shared in this decline,
and some 226 shares were sold within a
range Of 26O0230, closing at about $50 bid.
A recent crushing Of 100 tons of ore yielded
favorably. The lower level is said to look
impcriel rose from 1928 to $40, dropped to
227, and sold yesterday at 2269228. The
mine is producing about 100 tons Of ore per
day, a portion Of which is first class, and is
now being treated at Dall's Mill. Receipts
of bullion this month are likely to reach an
aggregate of $4,000, with n considerable
reserve of ore on hand.
Bullion was sold. at Sl75 5o@l65, and
closes at l6O. Burning Moscow has been
steadily maintained at $34@3l, closing at
SO. North American rose to S44, fell to 40,
rallied to Al so, and sold yesterday. at Al 50.
Sierra Nevada was largely dealt in at en-:
HANGED rates, and 1900 shares changed
hands, advancing from Sl4 to " 80, aud
closing at about Is. .,
The recorded sales OF Stocks and Legal
Tender Notes, since Saturday last, amounted
70 S948,340. :.