Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-05-21
HILLYER & CO.'S WEEKLY
STOCK CIRCULAR.
SATURDAY MORNING, May l9, 1866

The demand for Money is light. The
market is well supplied with available
means, and a greater accumulation Of cap
ital may be noted. It seems to be con-
coded now by many of Jul banking and
business men that rates Of interest are
likely to be still further reduced the cur.
rent year by the increasing competition Of
money Lenders. The prevailing rate in
Bank is l ~ cent. per month, with occa-
sional transactions at It. In the open
market, loans are made at 8 $Y cent. per
annum to Il ~ cent. per month nothing,
however, but the choicest securities being
taken at the lowest range.
Receipts Of Treasure from Domestic
sources since the date Of our last reference,
amounted to 81. 100. 900, making an ag.
gregate Of S2.6 o 900 thus far during the
current month.
There has been some inquiry for Bull
lion this week, with uncomfortable sales
at slightly higher figures. Gold Bars may
be quoted at $50, and Silver is varying at
to II per cent. premium-the latter for
bars Of high grade.
Legal Tender Notes are a shade lower
aud sales have been made at 7S@7S3c,
closing at Use bid; 7sdc asked.
The Mining Share Market has been ex-
ceedlngly dull, and marked by little or no
speculative feeling. A few leading Stocks
have been well maintained at prices ruling
last week. Some have improved o little,
though inactive, while others are lower
and close weak at the decline. Advices
from Nevada are meager this week, both
through official and private sources but
so far as we can learn, there is no especial
reason why. the market should be unfa-
vorably Influenced at this particular juno
ture. -
Crown Point was sold at Sl,250 and
Sl,225. ex dividend Of $50 per foot; then
at $1,000. During the week ending 18th
inst, 653 tons Of ore were extracted.
From the west stratum considerable ore
was taken last week Of better than the
average quality. Active operations have
been temporarily suspended in this mine,
owing to repairs necessary to be made to
the shaft, but these improvements are now
completed.
Savage net with triHing sales at S970@
900, closing at 1916. No official reports
have been received this week. During
the past few days the mine has been pro-
ducing so to 90 tons Of ore per day, chiefly
from the sixth level. The latter is said to
look well as Its development progresses.
Hale & Norcross was sold at 1910, then
at $3.50, ex-dividend Of $50 tS foot, and
closing at 1915 asked. There is no change
to note in the condition Of the mine, every
portion of which is said to look well.
The drift from the incline will soon be
underway for q new level at q depth Of
765 feet.
Gould 4 Curry continues dull and in
active. Small sales were made at $500
S55, closing at $3.50. Receipts Of bullion
for the frst ten days of this month
amounted to $4,000. Explorations in
the lower drifts are progressing with great
vigcr.
Yellow Jacket rose from 1915 to S765,
then sold at S775, and was dealt in yes.
terday at $735@74o. The officers of the
Company in Nevada have not as yet fur
nished the stockholders in this city with
an exhibit of their affairs for the past
month, nor have any official statements
been made public since the 26th Of April.
We are informed, however, that certain
portions of the mine are more promising
than for some time past.
0phir is in less request and some 400
feet have been dealt in; steadily declining
from $50 to $50, rallying to 486. drop.
ping to $50. then selling at 400@4l0, and
closing yesterday at 426. Developments
this week are thought to indicate a mate
rial change in the quality Of ore to be ia
ken from the ninth level. In stopeing up
and in drifting north little or no ore has
been met with recently, but In going south
it Is said to hold out well.
Chollar.P otosi has been in little favor,
and very considerable sales were made,
advancing from 1925 to 1914. receding to
BAL. then selling at 346, and closing at
1914. No official reports have been re-
ceived this week, but privace advices rep
resent an improvement in the appearance
Of several stations.
Alpha receded from 1886, and then sold
at $40. Belcher is also lower, declining
from 1882 TO 3071, and selling yesterday
at 3OO@3o6. Empire Mill & Mining has
been dealt in at Sl76@l77i per share,
closing at ITO bid. i
Imperial rose from Sl2s to 1876, dropped
to l2S again. then sold at l3l, and changed
hands yesterday at 1870. The Rock Point
Mill reduced some $500 tons Of ore last
month. averaging 1874 81 per ton. 1t 10
thought that considerable ore can yet be
taken from the sixth level. The drift for
the next level below Is in some 100 feet
from the shaft. ~
Overman has been actively dealt, aud
nearly 1000 shares were sold, advancing
from SS2 TO 81. steadily declining to Is,
then selling at "a, and closing at IS.
Bullion fell from 800 to 80, rallied to
"a, and sold yesterday at 80. Daney has
been sold at Sll, and Golden Rule at $50.
The total recorded sales Of Stock since
C- - .-ain anoy~N1 - /