Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-09-25
HILLYER,s WEEKLY STOCK
CIRCULAR.
SAN Francisco,

in Bank shows q slight accumulation OF
available funds. In the open market,
however, the same stringency prevailing
for some time past still continues, n the
demand for fair securities is very active at
full rates-l1@21 per cent. per month.
These quotations are governed, n most
instances, by the charsct9 OF the collateral
offered, Mining stocks IRE not in favor
as a basis of loans, and few or no negotia-
lions can be made upon this class OF secu-
rites even at a wide rage from current
vale. The depression Of the Share
Market for % long a ti1s has been in no
slight pegree effected by the inability OF
operators to obtain facilities in Bank or
upon the street.
We quote Gold Bars at previous figures
cS30@840. Silver Bars range from ID
to II per cent. We learn Of a choice lot
selling at II per cent. discount.
Currency Drafts on the East sell at 80
per cent, premium on gold; and Com
Drafts are made at "a per cent.
Telegraphic Transfers are made at 50
per cent. premium. Sterling commands
4sd. for 60 days bills.
Our latest telegraphic advices from
New York quote gold at l453.
Legal Tender Notes were quite active
during the week just closed, and nearly
$780, 900 were sold, opening at 7lsc,
steadily improving to 70, and selling yes
terday at 7li. U. s. 7.30 Bonds, July
issue, sold at 76@763c.
The Mining Share Market for the past
week exhibits no improvement from the
closing quotations Of last week, and q re-
duced number of shares Of the several
companies have been dealt in. Yellow
Jacket attracted the most attention, the
same shares repeatedly changing hands
during the various sessions Of the Board.
Several leading stocks have been well
maintained, and the depression sometimes
apparent after the payment Of dividends is
now quite noticeable.
Hale & Norcross continues to be firmly
held, and for several weeks past no sales
have t%ranspired in the Board. At the
close we quote it at $l,680, bid. This
mine, we learn, is in excellent producing
condition, and up to the 18th inst, some
1000 tons of ore have been delivered to
Custom Mills, at 65 tS cent. of the assay
value of which gives a yield Of about
S92, 600, equal to a fraction over $4S per
ton.
Savage has me, with few sales. declin-
ing from 81, l45 to 1920, rallying to LAO,
dropping to l,l06, 8. 80, and closing yes
terday at l,l00. This mine presents no
%unfavorable features. In the north Potosi
chimney, 4th station, the deposit Of ore. in
running south, has widened. and is Of a
better quality. Some improvement has
been met with in the west seam, same sta
ton. On the 18th instant-in the south
drift of the Curtis shaft-the connection
between this mine and the. Hale & Nor
cross ground was effected. II developed
nothing of Importance, and for the present
only serves for ventilation, proving Of con-
siderable advantage In this respect. Dur
ing the weeking ending 18th instant, AL
tons of ore were extracted from the mine,
the approximate value of which is about
Sl9,S55, and the expense Of producing
and reduction, leaving a net profit Of
S7,l07. This company now employ l39
persons.
Crown Point is quite inactive and tri-
fling sales were made during the past
week. opening at 1910, improving to
Sl5, buyer 80, then declining to $40, sell
Ter 80, and closing yesterday at 925 bid.
We learn Of some improvement in this
mine, and the lower drift. it is said is
looking much better. During the week
ending September 18th, 652 tons Of ore
have been produced.
Yellow Jacket has been very actively
dealt in, some 800 feet having changed
hands during the week. It opened at
S735, ex dividend, advanced to 1909
1876, buyer 80, then fell to 705, seller 10,
and closed yesterday at 6s5. From the
LIST to the 10th inst. 201 tons Of first class
and 4,025 tons Of second class ore have
been extracted from the mine, yielding
about lis, 900 from partial returns, or an
average of nearly $50 per ION. The av-
erage yield of the present month will, it
is thought, fully equal that Of August.
This company now employ 1856 miners,
2S carmen, 81 prospectors, 81 mechanics,
and % outside men-total 243.
Gould & Curry has not been inquired
for during the past week-two feet sold
yesterday at $500. We have learned
nothing unfavorable in regard to this
mine.
Ophir has been sold at a decline from
former quotations, opening at $2l0, adj
vancing to 2l2 so, receding to 205, then
selling at $50, seller 80, and at the close
sold at 200. The work Of sinking the
shaft to a further depth Of 100 feet is being
vigorously prosecuted, and is now down
about 20 feet below the ninth station.
The shipments Of low grade ores for the
week ending September 18th, amounted
to 1856 tons, the average assay being $50
per ton; and of first class ore for the fort
night ending September 10th, 81 tons at
an average Of $3.50 per ton, making an
aggregate yield Of S22, 260.
Chollar-P otosi declined from $l37 so
to 100, rallied to 1856, then dropped to ll8.
closing yesterday ct ll5. We are inform
ed of a slight improvement in several sta
tons Of this mine-nothing amounting to
anything special. Some 400 tons of ore
were shipped to custom mills during the
week ending September 10Th. This COM
pany at present employ IS men.
Belcher has also declined. opening at
Sl25@l26, receding to l22 so, then ad-
vancing to l26, b 80, and selling yesterday
at ll5, b 80.
Empire Mill and Mining Company was
sold for $77 so early in the week, and we
quote it at the close at $65, bid. The re-
ceipts Of this company are said to be In
excess Of the usual returns. We can learn
of nothing to justify the recent decline Of
this stock.
Imperial has not been well maintained,