Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-07-16

SIS, 3ls,745
In comparison with the year 1854, there
is a falling off in the total receipts Of ST.
972,0l4, and as against last year the de-
crease amounts to $3,s76. 1913. These
iguresiembrace cold as well as bullion.
The recorded receipts Of tho latter amount
ed during the period under review to
$~2l,lS7,733, including $7,26S,oo0 from
the silver districts Of Nevada. During
the first half of last year, the receipts Of
bullion from Nevada exceeded IS, 900, 900,
showing a decline Of 81. 336,7s2 this year.
From the Southern mines the decrease
amounts to $3.50, 248. and from the North
ern mines, S~2,3l7,03o, as compared with
the first six months of 1866. There has
been a steady falling of in the yield OF
the Southern mines for several years past.
The lessened productiveness of the North
ern mines during January and February
OF this year, was owing to the Interrupt
ton of both quartz and placer operations
by the unusual severity of the weather.
Since March last the yield of the North
ern portion of this State shows an impor-
tant increase over a like period last year.
In arriving at the probable product Of the
gold mines of California and the silver
mines Of Nevada, it would be proper to
add say 10 ~ cent to the bullion receipts
in this city through the express compa-
mics, for receipts in private hands. This
would make an aggregate yield of $751;
29S,622 for California and Nevada during
the past six months. Adding say 80 {$
cent. to the arrivals from coastwise ports.
north and south, including Oregon and
British Columbia, gives the sum Of $4.-
056,S96, making the entire product Of the
gold and silver mines Of this coast $685.
355,6l7 during the first half of this year.
This is probably within bounds.
There is a slight abatement in the de-
mnnd for money, and rates Of interest are
ruling at l@lt per cent. per month on
Bank, with occasional transactions at IA
per cent.
The inquiry for bullion is also less
active. Gold bars may be quoted at $50
@S70. Silver is worth about l per cent.
premium for average bars. Receipts Of
treasure from the interior since the date OF
our last reference amounted to $3.50, 900,
making an aggreg9e Of nearly 90, 900, 900
for the first half Of the current month.
The mining share market presents no
material change. Some leading shares
have been well maintained this week,
while others were dealt in at a decline.
Advices from Nevada have been particu-
larly meager and devoid of interest; but
so far as we can learn q number Of mines
are looking better than for som time past,
and will probably continue to earn salts
factory dividends.
Hale s Norcross is inactive, but strong
ly held, and triaing sales were made a,
1850, closing at 1850 bid. The
aggregate receipts Of bullion for the month
Of June were SrO4,247 SO from 2,2691
tons Of ore-an average Of $40 90 per ton,
Different portions of the mine present q
hattering appearance, particularly so in
the south drift from the 635. feet level, and
in the 18th floor of the 700-feet level. A
dividend of S75 per foot is payable this
day.
Savage is in rather more favor, receding
from 5000 to $3.50, then selling at $3.50,
and closing at $500. The following
statement is derived from the annual re-
port Of the officers Of this company: Their
entire receipts from July 10, 1866, to July
IL, this year, amounted to $l.4l4,9 79.
The product Of some 1886 ton Of ore
was as follows: 4l6 tons Of hrst-class
yielded an average of 1924 08 per ton ;
26,osl tons second class, $40 204; and
3,03S IONS thifds:class an average oil
$40 43 per ton. The cost Of mining thi,
ore, including Improvements to property,
litigation, etc., was S553, 1856, and the cost
of reduction, embrating improvements to
mill, amounted to S494. 534. The compa-
ny's mill, since October 10th last, has re-
duced 1894 tons of ore, at q cost Of
Sl5 65 per ton. The nett balance at the
credit Of the company on the 18th instant,
all the liabilities being paid, was S40,62S'
Crown Point has been in less request,
declining from $500 to 800, and closing
at about 500. The bullion yield Of this
company, last month, was $l08, 900 from
2,776 tons of ore-an average Of more
than $50 per ton. The middle incline
from the third level is down 66 feet in
good ore, aud the drift toward the lode
from the 4th station is in IS feet, leaving
some 3l5 feet yet to run.
The improvements to the Rhode Island
Mill are to be completed on the 25th inst.
The "Low suit" has been compromised
by the payment Of SSS. 600. leaving $685..
600 In the treasury Of the Company at the
beginning Of this month.
Gould & Curry rose from $725 to $3.50,
dropped to 1920, and closed at $500.
Yellow Jacket steadily fell from $7l5 to
$3.50, rallied to 5000, again receded to
$3.50, then sold at $3.50, and was dealt in
yesterday at S6l21@S626. The total re-
ceIpt of bullion last month amounted to
1922, 274 from S7,ll6 tons of ore, aver.
ing S33 81 per ton. OF this amount,
6.l09 tons were worked at outside mills.
The actual balance at the credit Of the
company on the LIST instant, was $l97,-
22S Al. A dividend of $50 per foot has
been declared the 18th instant.
Ophir was dealt in at S236@255, clos
ing at 255@252 so. There are no new
developments worthy Of special attention.
Chollar-P otosi rose from 1892 so to
200, dropped to 1856, and sold yesterday
at 100. ~
Belcher declined steadily from SlS3 to
l62, and sold yesterday at 1872.
Imperial has been inactive at $l05@l02,
closing at l0l. A dividend Of SO per
share will be paid to-day. The first clean
up this month Of the, Rock Point Mill
amounted to some $4,000. Recent ex-
plorations 'discTose nothing particularly
new.
Overman has been a speculative feature
Of the market this week, and some 1000
shares were deal, in, advancing from $50
to 10, receding to 80, rallying to 65, de.
clining to AZ, then selling at 6l@66, and
closing at 50. We can learn of no devel-
opments of a substantial character in this
claim.
Bullion fell from sci to 80, closing a,
49, Confidence fell from S6s to 81, rose
to O., and then sold at 63@63. Sierra
Nevada rose to 90, fell to s 80, and sold
yesterday at 8 %.
The aggregate sales Of Stocks, Legal
Tender Notes. etc., since Saturday
AIN K0A .