Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-07-31
wEEKLy .TooK CIRCULAR.
SAN FRANCISCO,
SATURDAY MORNING, July %, 1855.

SATURDAY MORNING, July ~, lS6o.}
Receipts. of treasure from the interior
mining districts continue good, and for
month Of July will, probably, exceed S4,-
200. 900. -. 49,,
The market is we'll supplied with bull
lion, and the demand not active as yet for
Mondays steamer. Gold bars have been
taken to account this week at 870@S80,
and Silver is ranging from / $' cent, dis
count to 1 ay cent. premium-the latter
for choice bars.
Legal Tenders have been active at 7l@
7l4c., closing at about Tic, bid. Our
latest Geographic dispatches from the East
quote Gold in New York at l49 on the
2lst instant.
The Share Market presents q rather more
cheerful view than at the close Of last
week. A number Of leading stocks have
been dealt in at higher prices, and
are strongly held at the close. Nearly all
the productive mines on the Comstock
lode are looking as well as at any former
perion during the year, and their net earn
ings for this month will exceed those OF
June.
Hale s Norcross is in decided favor,
and is firmly held. Small sales were
made at Sl,425, seller 80, closing at $l.-
500 asked. A connection has been made
between the north and south slopes on
the 18th floor Of the 700 foot level, and in
breasting out toward the south, on the
525 foot level, the lode continues to i'm
prove. The yield Of bullion, from the LIST
to the Esd instant, exceeded BLOC, 000, and
and the aggregate receipts for the month
mill probably reach $4,000.
Savage is also in better request, advance
ing from SS971 to $50 and then selling at
$50. During the week. ending the 2lst
inst, III tons Of ore were extracted from
the mine, and S22 tons shipped from the
mine. The company have now some
$4,000 at their credit, and q dividend
will soon be declared for the month Of
July.
Gould s. Curry met with triHing sales
at $6959746, closing at 7o6. The 100
foot level (lst station below lower tunneD
is thought to look quite promising, the
ore appearing to grow wider, and some
portions richer. The quartz on the I'd
station in which the incline is started is
said to present favorable indications for a
body Of ore, but as yet metal has been
found only in small spots. If ore should
be met with at that point it would be q
new development, and one Of importance.
Receipts Of bullion to the 25th instant
amounted to 500, 900, and the aggregate
for the current month will exceed $685.
900.
Crown Point rose from $746 to $40,
and closed at about S75 asked. Improve
ments to tho shaft will be completed this
month, and the Rhode Island mill will
| probably be running on the 9th proximo.
From the "croppings" through the old
tunnel, at a depth Of 10 feet from the sur
face, 65 to 10 tons Of ore are now taken
daily. The bullion yield Of the company
for July will amount to some $4,000,
leaving a handsome surplus on hand.
Yellow Jacket rose from $3.50 to 800,
and then sold at 670@565. The total re-
ceipts Of the company for the year ending
June 30th last, amounted to $2,072,8 l4.
The yield of 1886 tons LIST and 2d-class
ore worked, was $l,69o, 394-an average
Of $780, per ton; and l,479 tons 3d-class
ore were sold at 1920 per ton. From as.
sessments levied $4,000 were derived.
The indebtedness Of the company, June
30th, 1865, was $~379,77l.66, and their
total expenses from that date to June 80,
1866, amounted to $780, 1877, leaving q
balance on hand at the close Of the year
Of Sl42, al5.3 8. During the two weeks
ending 10th and 23d ~instants, 4,l26 tons
Of ore were reduced, yielding $l05, 836.37,
making an aggregate Of SlS4,S4s for the
frst three weeks Of this month.
Ophir is in less favor, and some $50 feet
were dealt in. advancing from 1886 to 800,
receding to $40, and then selling at 242@
245. But little work has been done this
week upon ore in the 9Th gallery, owing
to the timbering Of a track connecting the
drift with the vein. Receipts of bullion
for July will amoun to sone $4,000,
giving a fair profit over all expenses.
.Chollar- Potosi was. inactive and dull
until yesterday. advancing from $lS4 to
100 dropping to 1870, and closing at III.
The Piute station is said to look as well
as formerly. In the northern part Of the
Bajazette ground ore is being taken down
within ten feet of the Hale & Norcross
line. This body Of ore is 40 feet in depth,
and q portion Of it Is Of good quality. The
Santa Fe station continues to produce
some fine ore. The first station drift north
from the shaft is in hard ground, and pro-
crossing slowly. The second station drift
north branch is 1926 feet, and the south
branch 272 feet. During the week ending
2lst instant 1864 tons Of ore were sent to
custom mills.
Belcher fell from $3.50 to l40, and
closed at l40 asked. Alpha was dealt in
at $99@l00, and Empire Mill and Mining
Company at $ll6@ll2, the latter closing
with more frmness.
Imperial met with uifing sales at 1914
| @9o, closing at 81. Receipts Of bullion
for the first three weeks Of the month
amounted to SS6,SO9, and the aggregate
for July will probably exceed 100000. A
body Of low grade ore, 40 feet wide, has
been found. ct q depth Of $50 feet from the
surface, IN what is known as the red ledge
of the Alta mine, and from the Holmes
ground sufficient is being taken to keep
the Gold Hill mill constantly at work.
Nearly 5000 shares Of Overman ha,
been sold within a range Of $32@49, clos
ing at So. Confidence fell from S65 to
52a, ind then sold at 65. Bullion was
dealt in at $47@49, closing at A..