Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-06-25
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SAN Francisco,
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walls IN DAnk huoNu Ps IN
requirement is not Of suthoient 9iss
Affect the usual rates Of interest LOT aoosps
ale securities, or to impede the nesvEs
tons Of parties in good credit. ine LII LII
~ The recent withdrawal OF at least = nail
million Of dollars, loaned on mining snare.
and other oollIterals, is subsiding, ana II
a more than probable that all the capitsi
hitherto employed for stock purposes wiz
soon Cow into the same channeis asain:
Receipts of treasure from the interior
mining districts continue fully up 20
usual average, and since last Sa!utosy
have amounted to $s6o,00o, making IN
aggregate Of nearly $~3,oO0,Ooo thus 'A'
during the current month.
A good demand still prevails for ouiiion,
although since the sailing. OF tne iass
steamer there 10 less inquiry for shipping
purposes. Gold bars may DO quoted ~
870@Sso, and Silver at l3@2 per cent
premium.
Legal Tender Notes have been dealt IN
to the extent Of $4,000, within . range Of
72ic seller so, 88@ssc seller so, closing a.
about II bid 70 asked. Quotations Tor
Gold in New York, recently, have huctu-
ated violently, snd the latest asurs, 70 ths
18th inst, 10 about 100, with . partial
cessation in the export demand ana
still further decline probable.
The Mining Share Market has exhibited
rather more steadiness, and most leaolng
stocks have been more freely ohereo.
Some Of these claims, al 10 well known,
are ct present yielding handsome profits,
and recent Developments would seem to
inspire the belief that they are not likely
to become less productive for some time
hence, while, others, although not yet in
q condition to pay dividends, are accumu.
this, moro economy and better Judgment
lating . fund for stockholders. Added to
has Of late marked the management and
general policy Of different companies, and
dealers in these stocks can now feel that
their interest, are judiciously protected BY
honest and capable officers.
Crown Point was sold at 81, 000@$990,
and closes at about the latter figure asked.
During the week ending 18th inst, 64S
tons Of ore were raised. Considerable
Hrst- class ore 10 being taken from the
s.ope at the head Of the middle incline.
The new station. lower level, is opened q
distance Of 80 feet. Receipts Of bullion
thus far in June, exceed those Of a like
period last month.
Hale & Norcfoss advanced to $1,000
Sl,l00, and then sold at $1,000. In rails
ing up 100 feet from the 700 foot level, the
ore has improved very much recently, and
at 10 feet south Of the north line, in
Stopping from the 7th floor, there is also an
improvement, both in quantity Of ore found
| and in the width Of the lode. In drifting
east from the 536.foot level, q vein OF
splendid ore ten feet wide has been dis
closed. Some 1000 tons Of ore will be
reduced this month, and the yield is likely
to exceed $500
Savage declined from $1,000 to 1866,
rose to $1,000. then sold at $3.50. closing
at 1915, g. 80. During the week ending
l7th inst, 773 tons of ore were extracted.
The superintendent reports q decided i'm
provement in different portions Of the
| mine, with Q large increase in the yield
and quality Of the ore. In sinking from
the 9Th level, the winze continues in K
cellent ore to q depth Of 36 feet, and it is
also stated that recent developments show
that a good deal Of ore may yet be taken
from the lateral deposits on the upper
stations. In the Curtis shaft the two
southern compartments are almost COM
pleted, and good progress is being made
in the drift toward the ledge.
Gould & Curry rose to $500. and closes
at $3.50 bid. The east drift from the I'd
station now extends some 1856 feet, and
| the south and north branches from the 4th
station are about 40 feet. The ore cham
bers above still look promising. Receipts
Of bullion TO the Goth instant amounted
to $97, 900. The Company's mill has
been for ten days past running up to only
about one-half It full capacity, owing to
some repairs to the large engine. Booths
and Bassett's mills will crush some 800
tons this month.
Yellow Jacket rose from $500 to 10,
fell to $50, rallied to 635, and sold yester-
day at 646@660. There is q large increase
in the productiveness Of this mine, and
for two weeks ending June 4th and 18th
instant, 3,679 tons Of ore were sent to diff.
ferent mills, yielding from partial returns)
sos, 1856. We are also informed that the
bullion product Of the week ending 18th
instant exceeded $4,000. These are the
most encouraging advices w have had the
pleasure to chronicle for . year past from
this claim.
Ophir il in less favor, and small salei
were made, receding from $347 so to 1856
then selling at 296, and closing at about
ooE R-1- ,hi. uo;na tharo 4. noShino
new in the way Of development, the vari.
Gus drifts from the different levels disclos.
ing little or no ore.
Chollar- Potosi has been dealt in within
q range Of S206@lsS, and selling yester.
day at le09lss. The Santa Fe Station
10 said to look rather less favorable, and
in cutting through the seam Of ore from
the Blue Wing, the old works have been
broken into without finding ore beyond,
In sinking a winze some 40 feet from the
485-feet Potosi level, some low-grade ore
has been met with. The frst station drift
from new shaft) disoloses some quartz
and the north and south drifts from TIT
I'd s~,a,Ion) are In, respectively, 1876 and
1870 feet. During the week ending 18th
instant, 7l2 tons Of ore were sent to Gus
tom mills.
Alpha fell from $24o to 2o7 so, and
then sold at 200. Belcher fell from $20(
to 100, rallied to 100, and closes at los,
Empire Mill and Mining 10 inactive, but
we'll held at $l46 per share. We car
learn Of no new feature in either OF theS'
claims.
Imperial fell from $loS to 90, and solo
yesterday at s6@lo3. The receipts o.
bullion for the hrst half Of this month
amounted to $685. oo. It is thought thai
the 7th level will soon reach the lode a
that depth. Bullion fell from $82 so tc
so, and then sold at 66. Overman de-
clined from 500 to 81, rallied to rs, ant
sold yesterday at 25. Confidence is in ,
little better request advancing from $2t
so per. share to i36, .andf closing at 36
Lady Bryan was dealt in at % 76@l SD
closing at 8 so. Sierra Nevada sold d
S3 1905 rs. and Rxchsquer at 81.
The aggregate sales OF Stocks and Lega
Tender Notes since Saturday last amount
cd to $496, 1870.
Au RsvoIR.-In Q few days more w
took our last drive in Rome. Oh, but Il
was like tearing an ivy from the. wall te
tear our hearts from where, In so short
time, they had grown 20 fast and close
We went out toward the Campaigns. 90"