Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-11-20
STOCK TRANSACTIONS.
[%REPoRTED DAILY ~ n. II. FLAoG, BANKER.
SAN Francisco, Nov. 20-l r. u.
HlLLYER,s WEEKLY STOCK
CIRCULAR.
SAN Francisco,

DAN hANClbCOI
SATURDAY MORNING, Nov. II, 1856. !
Since our last reference there has been
rather moro activity in the demand for
money in certain quarters, but q steady
accumulation for a month past in the vaults
Of the Banks has impaired more ease to
the general market, and accommodations
are now obtained without much difficulty
at II to II per cont. per month. The
buoyancy Of the mining share market has
attracted some attention this week, and
IL the recent advance in a number Of stocks
continues to be we'll maintained, this de.
scription Of collateral will soon obtain
more favor with capitalists and others.
For q long time it has been exceedingly
difficult to negotiate loans based upon
mining shares, ever at Q very wide margin
from current market values, but within
the past few days some important loant
have been effected upon these securities at
comparatively low rates Of interest.
The Mining Share Market continues to
gather strength, and some leading stocks
have been sold during the past week at
greatly improved prices. The list Of div
idend-paying mines is increasing and a
general improvement is noticeable still
there are claims that have latterly been q
burden to stockholders, while some have
not paid dividends for many months past,
but the majority Of this class are now
reaching a degree Of productiveness that
pays expenses and provides the means OF
future developments. With scarce an sx-
ception the Washoe claims now in the
market are doing very well, and many are
challenging public favor with new evil
dences OF value. In addition to the min
Ing company's dividends announced in
our last we mention that Of Crown Point,
Hale & Norcross, and Imperial. making
the total cash disbursements of this nature
to stockholders for the month Of October
1929, 200.
Crown Point was dealt in to a very
limited extent during the past week, SELL
ing at q recession from last quotations
$3.50 and $50. then dropped to 800, clos.
ing at $40. ex%-dividend. Considerable
ore, it is said. Is still being taken from
the 3Oo-foot level. In going north from
the main drift on the 400.foot level the
ore is said to have considerably improved.
The middle incline was within about three
feet, on the 10th instant. Of the 400-foot
level, and still in good ore. The mine
produced 65S tons Of ore during the week
ending November 10th. This company
paid a dividend Of $50 per #. on the 10Th.
Yellow Jacket opened at $500. then
rapidly improved to 100 and 1852 so, then
sold at an advance OF 1880, and
closed at dividend. We can
gain no authentic information relative TO
the rapid appreciation Of this stock ; since
the first Of this month no reports have
reached the Office in this city. It is ru-
mored that rich developments have been
made in the lower level from the south
shaft.
Confidence improved from S6S@6o, and
at the close go is asked. We learn that
the aggregate yield Of this mine for the
fiscal year ending October 3lst, was
$285,6s 6S.
Empire Mill sold at $ll2 so, advanced
to 100, and 100 was bid yesterday.
Belcher jumped from $62 so, seller 80,
to ITO, closing at 100, buy r 30-asssss-
ment Of S33 per share delinquent to-day.
Overman sold to Z large extent within .
range of $l3922, closing at S3l@27.
Bullion opened at $40, then sold at
Is so, and closed yesterday at II so.
The aggregate sales Of Stocks, Legal
Tender Notes, etc., since Saturday,
amounted to $646,66o so.