Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-12-11
HILLYER & CO.'S WEEKLY STOCK
SAN FRANCISCO, SATURDAY MORNING.
December 9Th, 1866.

~ any PNAASN
past six months, and all frst-class
shares show n marked improvement
since our last reference. The substan-
tial character of recent developments in
q number of claims, together with the
dividends that are being regularly paid
to stockholders, are tempting parties to
the market who have kept aloof
for q long time. The cash requirements
for the heavy transactions during the
past week have been very considerable,
the business Of the Board alone averag-
ing nearly 5000 900 per day. As most
of the purchases are for home account,
these balances only change in name,
neither augmenting nor decreasing the
volume of money at present in the a
ket. Shares appear to have obtained
figures beyond the intrinsic merits of
the recent developments in two or three
claims, nevertheless larger dividends are
expected from several companies.
,aNo sales of Hale & Norcross during
the week; S., OOO@2, $50 is bid, and
S., 800 asked. The 65 per cent. assay
value of 3,O85t tons of ore produced
during the month of November, gives
the company Sl75,l 1874 62-equal to
nearly $57 per ton-and is the largest
monthly yield of this compsny yet re-
ported. The September returns amount
ed to Sl52,363 "a. .''
Savage opened at 81, 800, advanced to
$l,960. receded to ST. 900, then sold ut
So, 900, and closed at $2,ll0. During
the week ending December LIST, 1880
IONS of ore were extracted, assay value
$50, 666, leaving an estimated profit of
S26,l8l, after deducting all expenses.
The yield is not so large as the previous
week, from the fact that the force OF
men employed were placed at work 9TH
or than that of extracting ore. In the
upper stations the quality is said to
have improved, with no change in the
quantity. Wine No. 3 is in fine ore at
forty feet below the sixth level. The
north drift from the Curtis Shaft is now
nearly under Wine No. 3, and in good
ore. It is the intention of the company
to make a level connection with the
seventh station works from the old
shaft, about 100 feet distant for, which
purpose work in the drift is vigorously
prosecuted. Receipts Of bullion for
November, up to this time, amount to
$225, 900. A dividend of 500 per foot
was declared yesterday, payable to-day.
This company have a surplus of about
$50, 900, besides between 1000 and
5000 tons of ore at the mine, and all
expenses paid for mining it.
Crown Point opened at 81 ,O35@l ,o75,
advancing to 81, ,25O, and closing
ut Sl,l90. The yield of ore during the
week ending December lst has been
larger than usual, amounting to SO!
tons. The vein on the 400-feet level is
said to be improving. The drift east
from the 400-feet level is still in weir
matter, and has attained a distance Of
ia feet.
Yellow Jacket sold at 81, 225@l,l 7t
early in the week, advanced steadily to
81 $50, receded to Sl,l75, then sold Al
81, $50, and closed at $3.50. We car
obtain no information about this mine
No reports, either weekly or monthly
have been forwarded to the Office in Thu
city rs promised.
Gould l. Curry advanced from 5000
5l5 to S60O@6lo, and closed Mt $3.50
During the month Of November abou
$3.50 tons Of ore were extracted from
the mine, of which 1900 tons were de
livered to the Gould & Curry mill, AM
1900 tons to custom mills. The bullion
produced during the same periot
amounted to $l24,6S3 81; in October
Sll4,32l 81. The latest advices from
the mine state that the water is being
rapidly reduced, and that drifting hal
been resumed IN the lower level. TIL,
annual meeting Of stockholders take
place on the 18th instant.
Ophir opened ut S2l5, improved t.
$500, receded to S2l0, rallied to $3.50
and closed at S235. The shaft is nov
90 feet below the 9th gallery. In the
drifts north and east on the 9th level
small bodies of low grade ore have beer
found?
Chollar-Potosi improved from S22l tc
$3.50, reccded to $205, and closed a
S232 so. The north drift, in the frs'
station of the new shaft, is 296 feet, ant
has about $50 to run to reach the north
line; nothing favorable so far. The re-
cent development in the south drift i:
said to be at present only two feet wide
During the week ending December LIST
72G ON of ore were sent to custom
mills.
Empire Mill and Mining Company
opened on Monday at Sl50@l52, grad
ually advancisg to $ls5, and at the Close
sold at $3.50. This Company pays
dividend of SIS per share to-day (sth)
and we learn carry forward a surplus o
nearly SIS, 900. Within the past ninety
days they have taken from the min'
about 1900 tons of ore-an average o
wei 80 tons per day, and have now a
their dumps and at the mill some 1900
tons. A VIM has been sunk to the
depth of twenty feet on the vein latel.
struck in the 700 feet Lowell, with fine
prospects of q valuable supply of ore
The working of this vein will be reserved
for the new Empire-Imperial shaft, which
is now down and timbered over 700 feet,
and from which q drift to the ledge will
probably be u sometime in February
next.
Belcher-Advanced from Sl35 to
Sl9O, then selling at Sl35, and closing
at Sl40.
Observation-Disclosures between Sl27,
b 80 and $l3l, and closed at $l34.
The stamped value of bullion received
during the month of November is $s2,-
$40 4S. A "brick," valued at Sl2,O65
is included in the above amount, and is
said to be the largest ever made in this
State. The October returns aggregated
sos, $3.50. A large amount of machinery
for the Imperial-Empire shaft is now on
the ground.
Confdence-Met with more than usual
activity since our last reference, i'm
proving from $40 to $97 so, then selling
at $4,000, closing at 90.
Overman-Ruled between S20@lt
and closing at Sl4. Bullion at Sl5@
II so, and at the close brought SIC
Sierra Nevada Mt Seas, closing at SAT