Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-10-09
HlLLYER,s WEEKLY STOCK
CIRCULAR.
SAN Francisco,

dency to greater case in some quarters.
Applications for discount in Bank have
been less pressing than formerly, and first
class mercantile paper 10 negotiable at
current rates Of interest-l@lt per cent
per month-more doing ut the former than
at the latter figure. In tie open market
the usual difficulties have been expert
enced in obtaining facilities, except upon
prime collaterals.
Our latest advices from the East, on the
4th instant, quote gold in New York at
l47i, with Q great scarcity in the market,
and commanding 9th per cent. per day.
Sterling Exchange Il quoted at los.
Sight Drafts on the Eastern cities, pay
able in coin, are made at q per cent,
Currency Bills at 40 cent. premium on
gold, and Telegraphic Trauslers At 4 per
cent. Sterling 10 quotabls at 4sd. for 80
days bills.
Gold Bars are quoted at $40, and q
moderate demand Is anticipated for steam
er purposes. Silver Bars sell at 1t per
cent. discount for average lots.
Some $4,000 in Legal Tender Notes
have been sold during the week at 7ld@
TO-; at the close We quote them at 7l3o.
$4,000 U. s.. I $40 June Bonds sold at
Tee.
The Mining Share Market has been
somewhat frmer during the week under
review than for some time past, and stocks
have huctuated little from previous quo
tations, the general tendency being to-
ward an improvement. The aggregate
yield of various claims on the Comstock
lode for the month Of September, embrace
ing the Hale s. Norcross, Savage, Yellow
Jacket, Gould & Curry, Crown Point,
J Chollar- Potosi, Imperial, and Empire Mill
and Mining Company, amounted to some
$~l,060,000. As compared with the bull
lion receipts for the month Of August from
the same source, we find a small gain.
Hale & Norcross still remains in irm
hands, and no sales were effected in the
Board during the past week. We quote
it at $l.675 bid. During the month Of
September 3.l30f tons Of ore were re-
duced, yielding $l50.7l9 40, which is IS
per cent. Of the assay value. From this
very fattering result we may infer that
the mine is in very good condition.
Savage has improved since our last re-
port, opening at 81, 100, .. 8. steadily ad-
vancing to $l,l60, b. 80, then selling at
$l,l45, and closing at $l,l4l. The pro-
duction Of ore, it is said, has been greater
during the week ending September 29th,
without any particular effort, than for
some time previous. A drift Of 80 feet or
the southeast face Of the 9th station shows
fair ore, and q rise Of 36 feet above the
track floor made from this point exhibits
a good quality Of ore. The south breast
in the Curtis shaft will, it is thought, pro-
duce about 80 tons of ore per day during
the first week Of October. Besides sup
plying their own mills to their full capac-
ity, sufficient ore, of the third grade, has
been furnished for four outside mills. The
amount Of ore extracted during the week
ending September 29th was l,072 tons,
and l,lo7 tons were shipped to the mills
for reduction. The approximate value Of
the l,072 tons Of ore mined mounts to
S3S, $50; expenses Of mining and milling
the same, S24,624; leaving q profit Of
$l4,336. This gives an average yield Of
over S36 per ton. During the Month Of
September the yield of bullion amounted
to about $l45, 000.
Crown Point has not exhibited any &C.
tivity for some time past, selling at $9lO,
I. 80, during the week, and closing at
1925 bid. The inclines and lower drifts
Of this mine look well, We are informed.
and the water in the lower level, at the
latest date, had not become troublesome.
During the week ending September 2sth
10 o n Of first class and $50 tons Of sec.
ond class ore were raised from the mine.
This company, during the month Of Sop
tember, reduced 20 toni Of first class and
! $500 tons Of second class ore, and the
yield Of bullion for the same period
amounted to $4,000.
Chollar- Potosi advanced from opening
quotations-$ll3-to $3.50, receded to
SOS, rallied to lib, 0. 8, and closed at
$ll6. No new developments have been
made ye, in the north and south drifts, on
the Cd station, which are respectively ad-
vanced to 81 and 1896 feet. Shipments Of
ore to custom mills for the week ending
| September 29th amounted to 472 tons.
| The receipts Of bullion for the month Of
September aggregate about $4,000.
: Gould & Curry continues inactive, and
few sales are at present made in the Board.
We quote it at the close at $500 asked.
This company have received, during the
month Of September, the sum Of $ll7,.
| s2l 35 in bullion, and have mined in the
same period some 5000 tons OF ore, 1000
tons Of which were reduced.
Imperial has met with more than usual
sales, some 200 shares changing hands
| during the week, opening at $85 so,
buyer 80, receding to 81 80, then adyanc-
ing to 81, and closing yesterday at SO.
The mines Of this company continue in Z
favorable condition, with nothing special
in regard to new developments. During
the week ending September 2sth, about
S37, 900 In bullion were received, and for
the month the yield amounts to about
$4,000.
Yellow Jacket has improved during the
week, opening at $685.. advancing to TO.
buyer so, then selling at 729@736. and
closing yesterday ut 742 so. We may
mention the continued favorable condi-
ton Of this mine, without being able, 4,
this early date, to give any reliable fg-
ures in regard to tho receipts and opera
tons for the moth Of September.
Ophir has rscsded from closing quota
tons Of last week, opening at $205, seller
8, dropping to 100, seller 8, and closing
yesterday at l9l, seller 80. We have
nothing Of special interest to report from
this mine. The Ophir. Mexican shaft has
now attained a depth Of 400 feet.
Empire Mill and Mining Co. 10 dull in
the market, O few shares changing hands
during the week at $72 5000. At the
| close Il 10 quoted at $76 asked.
Belcher opened at $96, IS. advanced to
$l03, 8 10, and at the close We quote Il at
Sl03, IS.
Confidence has materially improved on
previous quotations, opening at $63, ad-
vancing to $6l, and closing at $5S bid.
Overman opened at $lS, advanced to
$2l, then sold at IS so, and closed yes.
terday $l8 so.
Sierra Nevada changed hands at 81 so
az, 9 8, and closed at 81 90. On tho I'd
Of October an assessment Of S" 90 per
share was levied on this stock.
Daney sold at IS, and Exchequer at
81 so, Is. Bullion ruled at $l6@l2 so.
The aggregate sales Of stocks, legal ten
der notes, etc., since Saturday amounted
To $500, 567 so.