Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-02-28
THE EVENING NEWS.
WEEKLY sTOCK CIRCULAR.

san FRANCISCO, Feb. IS, 1865.

SAN FRANCISCO, Feb. 25, 1860.
The money market continues to grow
easier, with decided tendency to lower
rates of interest. Capital is readily Access
sible to borrowers in good credit at II per
cent. per month, and some important ne
gotiations have been made this week upon
still more favorable terms. The difficulty
experienced in loaning funds TO be en-
ployed for regular business purposes, and
upon real estate and other collateral usual
ly preferred by capitalists, has diverted
some means hitherto idle into stock chan
nels, and the share market has been some
what stimulated thereby.
Receipts of treasure from the interior
since Saturday last, have been rather
lighter than usual, and amounted to about
S75O.OOO. Gold bars were in good de-
mand on steamer day, and sold at SS0@
$50. Silver commands l@2l per cent.
premium for selected grades, and ranges
as low as per cent. discount for less de-
sirable rates.
No important change has taken place
in the share market. Certain leading
stocks have been well maintained at en-
HANGED rates, while others were freely
offered and declined materially.
Speculative mining stocks continue
neglected, and there is evidently less dis
position than ever to invest in such " fam
cies without some tangible evidence Of
intrinsic value, however small it may be.
Most City shares seem to be in the hands
of parties who desire to hold them as an
investment. and many of these incorpora-
tons now promise so well that no decline
from the present current market value
is feared and prices are well sustained.
Legal Tender Notes have been very ac-
tive and some $4,000 were dealt in at
from 10 10 5l$; closing at 40, seller 80.
The Sub Treasury in this City is in re-
ceipt of S3.000000 compound per cent.
interest notes, which are likely to be dis
burSed, and on the market at an early day.
Latest Geographic advices from the East
quote Gold in New York at about 2l5.
Gould s Curry was in active request
early in the week, and rapidly rose from
1850 TO Sl,S25, under the influence of
eager buyers then declined 10 Sl,675.
and closed yesterday afternoon at $3.50.
seller so; So feet were sold. 4 portion
of the mine has shown some Improvement
recently. and its future productiveness is
thought to be more promising. The
regular dividend of S75 per foot will be
declared next week.
Savage has been more actively dealt in,
and SO feet changed hands, advancing
from 1880 to Sl,620, receding to $1,000
aud selling yesterday at Sl,550@ ,515.
The sroduct of this mine continues to be
fully up TO the average of the past few
months, and it is understood that con-
siderable surplus will remain in the trea-
sury OF the company after the payment Of
a dividend of S75 per foot for the current
month. Receipts of bullion since the
Isl instant. have amounted to Sl50.000.
Yellow Jacket steadily improved since
Monday last, advancing from Sl,4SO to
1880, and closing at $3.50, within
which range 90 feet were sold. Reliable
adyices from this claim represent appear
ance as being decidedly Asttering. After
paving a dividend Of S75 per foot, on or
about the Sd proximo, for the month of
February. it is believed that balance of
some $4,000 will remain at the credit of
the company.
Belcher advanced from Sl,l00 to ST.
lSO-at which latter rate small sales were
made. This stock is well concentrated,
and was strongly held yesterday at about
$1,000. The company have now on hand
a surplus of some SS5,O00, and divi-
dend of at least $50 per foot is looked for.
Crown Point rose from 1925 to 90 per
foot. and is now in request ut 1920 bid,
$50 asked. In drifting from the 230 feet
level. large body of good ore has been
disclosed, which will soon add materially
TO the product of this mine. The COM
PAW are now out of debt.
Chollar has been unusually active, and
2O9 feet were sold, advancing from SSl5
to 9l5, receding to 725, rallying to $50,
dropping TO 100, rising to $50, seller 80,
and closing at 10 asked. We can learn
of no unfavorable feature in the appear
ance of this mine, which Is said TO be
Welding ore as abundantly as ever. The
Weld of bullion is, however, lighter than
was expected, and this may lessen the
probabilities of dividend next month.
PotoSi has met with no sales this week,
but is firmly held at $500. Receipts of
bullion thus fur during the month amount
to 100000, and the company have 1000
tons of ore on hand at their mine.
Ophir advanced from $500 to 405, at
which rates small sales were made, and
was offered yesterday at 420. The re-
ceipts Of bullion frnm this mine, from the
LIST to the 18th instant, amounted to $751;
500. The Superintendent writes this
week that "under the old incline in the
south mine, he has struck a rich body OF
second class ore, assaying $50 per ton,
also that the supply of third class ore in
the north mine continues" The new mill
on Carson river reduced during the month
of January, 1856 tons. Inclement weather
and defective working of the new machin-
cry caused suspension of operations for
eight DAYS. The new machinery on the
Mexican claim is all up, and the work OF
sinking already commenced. The vigor
with which this work is being pressed by
the two companies will soon demonstrate
the fact whether or not the rich veins OF
the Comstock are confined to their present
comparative superficial workings.
We are assured that the reports on the
street, of compromise between the OPhir
and Burning Moscow, have no foundation
in fact.
Uncle Sam has been active and $50 feet
changed hands, opening at $3.50, rising to
295, declining to 275 rallying to 800,
dropping to $50 again, and again rallying
10 500, then selling at 2S5. The mine is
said 10 look well, and some consolidation
or compromise with the 0verman company
will doubtless be effected. The precise
nature of the negotiations now pending is
only known to those holding controlling
interests in these two companies. Over
man advanced from 225 to $50, fell to 2l0,
rallied to 240 and closed at 240 asked.
Fmpire Mill & Mining COMPANY ia held