Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-07-09
o TRANsAOTIONs.
tRxroRrzD Br T. o'sRrrs. srock BRoxrs. GOLD HILL
SAN FnAsorsoo, July s-lr.x.


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Confidence. Do w
HILL YRR q CO.,a WEEKLY
STOCK >C1RCULAR.
SAN FRANCISCO.
! SATURDAY MoRNINo, July Z, 1855. }
A very active demand for money pre-
vailed at the close Of last week with heavy
offerings in Bank, and throughout this
week applications for discount have been
rather more numerous than is usual be.
tween steamer days. The requirements
Of the merchants are still upon an extend
ed scale, owing to q desire to remit cash
while the rates of exchange are so favor
able. Rates of interest rule at l@l3 $
cent. per month, with less doing at the
former rates than for some time past.
Receipts Of treasure from the interior
show a material increase, and during the
week have amounted to fully $1,000, 900.
The bullion market was left bare upon
the sailing of the last steamer, and since
then all desirable lots have been freely
taken at full rates. Gold bars may be
quoted at 870@ss0, and silver at l@ld
per cent premium for average grades.
The exports Of treasure from this port
during the 6rst half Of this year amounted
to 1923, 407. 1928. not including $4,000, 900
sent East by the U. S.. Sub Treasurer in
this city since January lst.
Legal Tender Notes have been dealt in
to the extent Of some $4,000, receding
from 7ldc 701c, then selling at 72c, clos
ing at I'D asked. Latest telegraphic ad-
vices from the East quote gold at 1853 on
the 9th inst.
The mining share market gives evidence
of some strength, and although continued
apathy prevails, nearly all stocks have
been dealt in at enhanced figures, closing
less firmly, however. The aggregate
yield Of leaeing claims last month, includ-
ing the Yellow Jacket. Gould & Curry,
Savage, Crown Point, Hale & Norcross
and Imperial mines, amounted to nearly
$500. 900. During no like period within
a year past have the bullion receipts Of
these companies been larger.
Hale & Norcross met with no sale this
week, but is well held at about $l,400 per
foot. Advices from this mine are exceed
ingly favorable. A connection has been
made between the 700 feet and $50 feet
levels, giving conclusive evidence Of the
existence of q formidable body Of ore
| throughout that distance. The vein Of ore
on the $50 feet level is now 80 feet wide,
most Of which, 1t is thought, will mill $46
$3.50 per ton. From partial returns, the
receipts Of bullion last month exceeded
$4,000, and the full eturns for June will
probably increase the aggregate to $780,
900.
Savage rose from 5000 to OH so, drop
ped to 9l0, and sold yesterday at 900.
during the week ending June Both, III
tons Of ore were extracted, and 696 tons
were shipped, O large proportion being
second class ore. The northwest extrem-
ity of the ore deposit has been reached in
the 9th station, but in following the lode
to the southeast, avery good face Of ore
IN the extreme end has been met with.
The winze from the 9th level is down
some so feet, and there is no particular
change to note. Receipts Of bullion for
the month Of Juneamounted to $4,000.
Crown Point fell from 5000 to s06, then
sold at $40. During the week ending
July lst, 6S3 tons second and IL tons Of
tirst class ore were extracted. The ground
in the lower drift is said to show some
improvement. The yield OF this mine las,
month amounted to about $685. 900.
Gould & Curry has been sold at $706@
sos, closing At $3.50 asked. We have
been courteously furnished with the gen.
eral account of the operations and expenses
of this company for the half year ending
May 3lst, from which we CLEAN the fol.
lowing details !: During that period S3.70t
tons Of ore were extracted, and 33.057 ton.
shipped and reduced. yielding in the ag-
gregate $90S. ll9-the c~ompany's mil
turning out $685., ~. The extraction o.
this ore cost % o8iper ton; prospecting
and dead work, 81 o.; accessory work
81 81 ! improvements, etc., Toe. per ton
total cost Of production, 81 So per ton
The total cost Of mining last year wa
$40 SO per ton. From the company
mill, for six months. ending as above, th'
average yield per ton was $50 90 per ton,
at a cost Of $l8 81 per ton, the latter be.
ing upon the amount amalgamated. 1
reckoned upon. the amount Of ore crushed
as is usual in Washoe. the cost per tor
would be Gil %, adding for hauling 9oc
making $l2 IL per tom. The receipts o
this company for the month Of Jun'
amounted to $l46. 900.
Yellow Jacket Is In less favor, ant
nearly 200 feet were dealt in, advancing
from S6s21 to $3.50. and selling yesterday
at S742@s692i. No authentic data car
be obtained this week, owing 10 the delin'
quency Of certain oficisls In Nevada, bu'
the receipts Of bullion for the month o.
June is supposed to be in excess Of $780,.
900.
Ophir has also been in request. steadily
advancing from $2l5 to $25S, and selling
yesterday at $3.50. In sinking from the
floor Of the south end Of the 9th gallery,
it is thought that q very considerable body
Of ore has been met with.
Chollar- Potosi rose irom 1856 to 203,
dropped to 200, and then sold at 1870
1872. The Piute Station continues 70 look
well, and the ore found in that and the
New Santa Fe Station, adds considerably
to the general average throughout the
mine. During the week ending JUNE
Both, SOL tons Of ore were shipped to GUS
tom mills. There 10 nothing especially
new to report in the different drifts from
thh new shaft.
Belcher rose from $l95 to 1876, and
closed yesterday at about l80@l90.
Imperial Is meeting with more favor,
advancing from Sl02 to ITO. and selling
at the close at los@l07t. Recent devel-
opements with Holmes ground are said to
be promising. Receipts Of bullion for the
month Of June amounted to $4,000.
Overman, owing to the discovery Of a
small body of very rich ore, has been quite
active at higher figures. advancing from
S2s TO 77a, receding TO "a, ind selling ..
the close at 60. Confidence rose from %
to 10, fell to SO, and then sold at 671. The
assessment of $26 per share, levied June
| 26th, has been rescinded. Bullion was
dealt in at S671@56, closing at IS bid.
The total aggregate sales Of Stocks, Le-
gal Tender Notes and Bonds, since Satur.
day last, amounted to $346,s86.
HARD ON THE HOUSE OF CoMMoNs.-