Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-10-30
nLLYER,s WEEKLY STOCK
CIRCULAR.
SAN FRANCISCO,

=,
material change since our last reference
An active demand still exists in man,
quarters, and we can observe little or M
abatement Of the stringency noted 70,
some time past. Offerings for discount II
bank and upon the street are large. and il
some instances the best names, accompa
MED with first class collaterals. are unsue
eessful. Rates in Bank rule at l@lt PEI
cent. per month, but in the open market
much higher figures are readily obtained
Gold Bars are quoted At S30@S40, anc
Silver a, li@lt per cent. discount. Coir
Drafts are made at q per cent. premium
Currency Bills on the Eastern cities are
offered a. 40 per cent. premium on gold
and T%elegraphic Transfers are made at 81
per cent. Sterling Exchange. 4Sd@49d,
On the Goth instant the State Treasury
contained S657,ol0 in gold and silver
coin. and $S9,759 in legal tender notes
total S746,79 9
u. S. 1910 Bonds sold during the week
at 733 per cent, and Legal Tender Notes
ruled at 7o@7lic.. closing yesterday at
7o1 bid.
Mining Shares generally have manifest.
ed a decided improvement during the pas,
week. In the face Of the extreme strin-
gency prevailing in monetary circles, with
no immediate prospects Of ease, this
would seem to indicate . more healthy
condition Of affairs. There is little doubt
that the amount Of ore extracted from the
Comstock lode during the past month has
at no former like period been larger. This
circumstance, coupled with the fac. that
much more rigid economy Is now exercis-
ed by all the companies in every depart
ment. will at no distant day establish
greater confidence in this class Of secu-
rites.
Hale & Norcross maintains its former
good position in the market, with no sales
during the week in the Board. The yield
at the mill, it is said. now averages about
$50 per ton. We quote it at Sl,7oO bid,
and S2,0 o asked.
Savage opened at $l,l7o, advanced to
$1,000, buyer 80, and Sl,225 cash, and
slosed yesterday at Sl,l95. In the sew
enth station. old works, fine seams OF ore
have been penetrated. In the winze sunk
about midway between this station and
the sixth, a marked change in the dip Of
the ore was developed. During the week
ending October Goth, l,2lS tons OF ore
were extracted, aud the same amount has
been shipped to mills.
Yellow Jacket has improved from u
las, quotations, opening At $685., seller 3,
improving to $50, buyer 80, declining to
6406660, then rallying to $50. and clos
ing Yesterday at 652 so. During the
week ending Oct. 18th, 1910 tons OF Sec
ond elass ore were extracted, and the
amour, Of ore reduced during the same
period yielded S24,596 Al. During the
week ending Oct. 22d. ID tons OF first
class ore and LOO tons Of second class
ore were mined, and the yield in bullion
for the same week 10 reported at Sll,l22.
Crown Poin, sold at 1866 early in the
week, then advanced to go and 1000.
buyer 80. and at the close we quote It at
1000 bid. During the week ending Oct.
2lst., us tons Of ore were raised from
the mine. The inclinss on the vein are
now sunk to the depth Of liz feet, carry
ing good ore, il 10 said, all the way. Ex-
pecs TO reach the vein, on the 4O0-foot
level, BY the LIST Of November. The re-
ceip,s for the current month, it 10 thought,
will amount to Sll6.ooo.
Gould s Curry has met with small sales
during the past week, opening At $3.50.
reeedins to $40, then selling at 800, buyer
80, and closing at 400. We have nothing
special to nots in regard to this mine. We
learn that q large sun has been expended
in obtaining supplies for the Winter
season.
Chollar-P o,o,i changed hands at $50.
buyer 80, early in the week, gradually
improved to Sll0 and 1886. and then sold
u, SOS, and closed yesterday at Sll2.
We have the following information con-
corning the new shaft: The first station
is in 2l0 feet, and looks promising; the
second station, main drift. has been opened
425 feet. Here the quartz 10 Z or s feet
wide. which, il 10 said, is = favorable indi-
cation. In the same station the north
drift, has been extended to l2s feet. This
shat, has now attained q depth Of about
625 feet. During the week ending Oct.
2l,,, 62S tons Of ore were shipped to Gus
tom mills.
Empire Mill and Mining Company has
me, with few sales for sometime past,
and at the close quote it At 500 asked.
We are informed tina. on the 2lst inst. 2so
feet east from III. old shaft, on the 700
foot level, a vein Of good ore, three feet
wide, was encountered, which il said to
widen As work progresses. This new dis
coyery is about 100 feet from the new
shaft, which 10 now sunk to the depth OF
$40 feet,
Imperial sold At SIT early in the week,
then steadily advanced to $50. and closed
a. SSl asked. Since u last issue over
500, 900 in bullion has been received, ma
king q total Of more than $6S,ooo up to
the oath inst. and . gain OF some $4,000
as asains, the same period in September.
The estimated receipts for the present
month are given at 800. 900; last month
they were S77,675.
Ophir has improved from our last quo
ta,ions, opening at $50, buyer 80, advan-
cling to l02 so, then selling at 90, and at
the close brought 50 per foot. The state
ment made recently that over one million
dollars in bullion had bsen extracted from
,hi, mine within the past eighteen months,
i. So far q we can learn.
about $500, 900 was produced during tina,
period, of which sum more than $1,000 Oo
has been expended in lawsuits affecting
the C~ompany's title.
Confidence sold at $45, seller 8, and at
the close is quoted At $50. Bullion ro':
from Sl2 so to 20. Bslcher improved
from $40 to 81, then sold at So, and closed
yesterday At SIS. An assessment OF $50
per share on the capital stock OF this Co.
was levied on che 18th inst.
The aggregate sales Of Stocks, Legal
Tender No.ss, etc., since Saturday,
amounted to $4l2,lo