Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-10-23
HILLYER,s WEEKLY STOCK
CIRCULAR.
SAN FRANCISCO,

Ah "a
demand for money. and bankers and 9th.
era are enabled to employ their availabl,
funds without any difficulty at current
rates. Discounts in Bank upon frst-cls
paper and other acceptable securities are
made at l@l3 per cent. per month, bu,
no uncomfortable proportion Of the bust
ness doing is in the shape Of renewals.
The Savings and Loan Societies are loan
ing at II per. cent per month, with large
offerings at that rate.
Receipts Of treasure from domestic
sources continue up to the usual average,
and thus far during the current month
have amounted to $2,65o,o00 A further
shipment of $500. 900 on Government &C
count was made by the last steamer,
amounting in all to $4,000, 900 since jan
uary last.
Gold bars may be quoted at SS0@S4O,
and silver is selling at l@l4 per cent. dis
count for average parcels. Currency bills
on the Atlantic are offered at As per cent.
premium on gold. Sight drifts, payable
in coin. are selling at 81 per cent. premi-
um. and Telegraphic Transfers are made
a, 4 per cent. Sterling Exchange is ruling
at 4S4@49d for best bankers BILLS; Com
mercial do, 494@50d.
The exports OF treasure from January
LIST 10 date amount to S~36,62o,lS4 %, and
during the same period in 1865, SS4,S62,-
400 46, showing an increase OF $l,767,-
IA SO for 1866.
The Mining Share Market has shown
considerable activity during the past week,
but as q general thing most stocks have
fallen from our last quotations. Crown
Point" is the exceptional case Of decided
improvement. while Savage and Empire
Mill and Mining Company fluctuated a
trifle beyond previously quoted figures.
Hale 4 Norcross continues in good IA.
vor, and from what we can learn, the
yield Of bullion for October will be fully
a. large as tina, Of September, and that the
ore shows a slight improvement. II may
be quoted at 81, 900 asked.
Savage sold at $1,000, advanced to
Sl.2l0, then sold at $3.50, b 80, and
closed at Sl,205, b 80. The upper sta
lions OF this mine have been yielding about
% tons per day during the week ending
October l3. On the ninth floor, North
Po,osi chimney. the deposit OF ore is
widening. and the productions Of the
fourth and fifth floors, in the sixth sta
ton, bring the second class ore to its
present advanced grade Of about sos IT,
ton. The lower breast, in the Curtis
shaft, yielded $50 tons Of ore during the
first week Of this month, and some $50
tons in all have been forwarded TO custom
mills from this point. During the week
ending October 18th, l,25S tons Of ore
were extrated, the approximate value OF
which is given At 52,650 allowing
S2S,067 for mining and reducing the same,
the sum Of S24,5S3 will accrue to the
company. Over 400 men are now en-
ployed.
Crown Point has advanced from our
las, quotation. selling a, $1,000 asked.
In drifting east on the 200 foot level, a
large body OF very fine ore has been dis
covered. The incline from the 800 to the
400.foot station 10 down some IS feet, and
exhibits good ore. The first clean up,
embracing about a third Of the present
month, yielded $1,000 in bullion. Dur
ing the week ending October 18th, 759
tons Of ore were extracted from the mine,
a gain Of las tons over the previous week.
yellow Jacket declined to $500. then
dropped 10 COS. seller 3, and receded
still further to $50, closing yesterday at
800. During the first week Of the pres
month, 3 tons frst-class and 1920 tons
second class ore were mined. The amount
Of bullion produced up to the Sth inst.,-
S20,2l2 04-does not, it 10 SAID, represent
the yield Of the rock, but only the AMOUNT
received. The principal items Of expend-
for the month Of September are
S36.639; legal expenses, 44,600;
reducing ores, 1858. The legitimate
expenses Of the mine for the month Of Sep
are reported at $l9S, 9S2.
Ophir me, with q rapid decline during
the past week, receding from $3.50 to los,
then declining to 81, closing at "A. An
of So per share, or y per foot,
was levied or the 10th inst, payable on
the 18th. D%elinquents will be advertised
10Th. 1t is said that 100000 0 in
bullion has been extracted from this mine
the past year and a half, and hat
the whole amoun has been expended on
the mine and in paying numerous officials
Gould x Curry opened at $500, buyer
80, declined to 475@45O. then dropped to
4O9@4l0. and closed at 400. buyer 80.
Imperial opened at $40, advanced to
7s@S0. and closed at II bid. The new
shaft has attained & depth Of GIG feet.
The receipts Of bullion up to the 18th
inst, amounted to 1872, 73o, against rs, 1854
during the same period in September. We
understand that the developments are i'm
proving in both mines Of thisc company,
and that the mills are running to their
full capacity.
. Choilar. Potosi receded from $ll0 to
Sl02, and sold yesterday at $50, b. 80.
Confidence sold at $50@46. It is said
tina, this company have suspended opera
,ions for the present. The annual meet
ing for the election Of Trustees will be
held on Nov. 9th.
Empire Mill and Mining Co. opened at
$75, improved gradually to SSo@79, and
closed at S7s. i
Bullion was dealt in to the extent OF
some 200 shares. opening At 81 6o@l 70,
then selling at Sl3@l2 so, assessment OF
$40 included, and closing at $l2 so.
Belcher sold within a range Of $7s@46.
Overman sold within a range Of Sll 60
as so. On the 18th inst, an assessment
Of So per share was levied on this stock.
Daney sold at S4@3 so. An assess
mens Of rs cents per share was levied on
this stock on the 18th inst.
Sierra Nevada brought 81 so.
The aggregate sales Of Stocks, Legal
Tender Notes, etc., since Saturday,
amounted to S342,Sll 81.