Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-11-12
HlLLYRR,s $. F. STOCK CIRCULAR,
Mining Shnre Market.

SAN Francisco, November ., 1867.
The mining share market has been
characterized by q still further decline
from closing quotations Of last week.
The rapid recession has produced more
than the usual amount Of speculation,
and several stocks were heavily dealt
in, particularly Savage and Kentuck,
both showing o very material decline
under the pressure. During the past
three months the various claims on the
Comstock lode have yielded a material
ly lessened amount Of bullion than for
merly, and until developments are car
ried to a greater depth, we may look for
n decline in this respect for some time
to come. The setting in of winter will
also contribute e this result. The ag-
gregate receipts of bullion from the
Savage, Confidence, Gold Hill Quartz,
Gould & Curry, Kentuck, Crown Point,
Imperial and Empire during the month
Of October amounted to S667 26S against
STl7,3S2 in September, showing q de-
cline of S50,ll9. Several monthly div
idends have already been announced as
noted below.
Crown Point has met with less inqui-
ry at declining rates, dropping from
$685. to $40, and closing at S525. \
telegram Of the 9th inst, says the north
and south drifts on the lower level look
about the same. They have started to
drift south on the 60O-foot level, and
from the 5OO-foot level they continue to
obtain considerable ore. The average
ASSAYS Of ore produced in October have
been higher than usual. Preparations
are complete TO carry the shaft to a iar-
Their depth. At the close of OCTOBER
this compan had coo tons of ore at the
mill and dump. The bullion receipts
for October foot up $4,000 against
S49, 900 in September. Assessment OF
500 per foot delinquent on the 18th
instant.
Chollar-Potosi has been more active,
but sold at greatly leSsened rates, re-
ceding from $751; 80 to STA, and closing
Yesterday at Sl27. The various stations
of this mine yielded l,Ss6 tons during
the week ending October 3lst, against
1921 tons in the previous week.
Yellow Jacket opened at 1910, receded
to $500, then sold ut S327, and closed
at S325. The. old works of this mine
are yielding o small amount Of ore. The
shaft is being rapidly sunk toward a new
station, which will be opened at the
depth of 900 feet from the surface. The
winze toward the Kentuck line coutin-
ues in about the same quality Of quartz
and ore as before. Assessment OF 500
per share became delinquent on the llth
instant.
Gould 4 Curry sold at S3l0@225,
and ut the close realized $500. The
work on the east drift, G0O-foot level,
progresses satisfactorily, but rs yet too
little has been done TO notice any ma
terial change in the appearance OF the
rock. An inadequate supply Of water
continues to be a drawback to the mill.
The yield Of the old works is about 100
tons of ore per day.
Hale 4 Norcross sold at improved hg-
ures early in the week, advancing from
Ss55 to $3.50, falling to $685., and clos
ing at $40. We are informed that the
drift. south from the north Wine, on the
7sO-foot level, is in good ore, said to
mill about $40 per ton. The other drifts
are about the same rs heretofore re-
ported. The receipts of bullion for Oc-
tober will fall short of $50, 900; in Sep
TENDER the yield was nearly $4,000.
Savage exhibited great activity under
a very serious decline, selling as low as
SIS per share, or SLIGO per foot, not
having sold at this price within the past
year, rose to S97, and closed at S92,
e1 dividend.
Kentuck has been in the market to o
large extent, experiencing a serious de-
cline, dropping from $3.50 to S95, ad'
vanced to $50, and closed at Sl25
This company reduced about $500 ton:
of ore during October. The yield o.
bullion for the same time has beer
sos, $50, with the clean up Of one mil
to hear from; in September the yield
amounted to SOL, 900. The fourteenth
dividend, 81 so per share, is payable
on and after the 10th inst.
Confidence sold at $40, seller so. We
extract the following statement from
the S~ecretary's annual report for the
fiscal year ending October 3lst, made
at q meeting Of the stockholders held or
the Sth inst
Receipts.
Cash on hand Nov. l, 1S66......S 2j,41S 2.
Bullion account..............-. lyo,SiS y.
Mil account ZD,JlO =