Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-04-25
HILLYER & CO.'S WEEKLY STOCK
CIRCULAR.
Mining share Market.

week has been larger than any previous
like period for months past. With
scarce an exception stocks have been
buoyaut and at better prices. Many
claims will show an increased yield this
month, and their present condition IS
such as to inspire the belief that they
are not likely to be less productive for
some time TO come. We understand
that parties representing a large "short'
interest in q certain stock have made
overtures for a settlement, upon a basis
of about So, 400 per foot, which it is not
not likely will be accepted.
Hale / Norcross continues to be firmly
held in a few hands; during the week
under review So, 800 was bid. The
managers of this mine keep carefully
arranged tables Of the assays, workings
and product Of its ores, which are e1-
ceedingly vslnbls and instructive as il
Illustrating the results obtained from sim
liar ores worked in different mills, the
varying proportions Of gold contained
in the bullion in different portions Of
the lode, ard the large proportion Of the
bullion los. In working. From tho Ia
BILE for the six months ending in Febru-
AIRY, 1867, we learn that during that pc
Rod 1859 tons of ore were reduced,
the value Of the bullion in which, ac-
cordirg to assay, was 81, 2ss, 1872 10, but
only Ssl6,977 90 WAS obtained, and
STILLS II was lost. In fourteen out
of thirty-two workings during the six
months, the gold exceeded the silver in
| the bullion to the amount Of Sl2 sos. 40,
aud in the other eighteen workings the
| silver exceeded the gold to the amount
of 3 5,570.l3. In this, as in all the
| other mines on the Comstock lode, the
| deeper the development the smaller pro-
portion of gold in the bullion. These
very comprehensive tables Of the assay
value and actual yield of the ores are
invaluable as demonstrating the varying
per cent. obtained by different amalga-
majors. The ore WAS reduced at thir-
teen different mills, and the per cent.
extracted was very much larger in some
mills than that obtained from others.
If all mine owners were to compile such
tables, they would be able to tell where
10 send poor and where to send rich
ores for reduction.
Savage rapidly advanced over our
previous quotations, opening at $4,000,
improving TO $50, declining to $500
@2,675, and closing at 1850. During
the week ending April 18th, :his mine
yielded l,606 toni Of ore, giving IN as
say value of S70,775, or S44.O6 per ton,
being $3.50 per ton more than the yield
of the previous week. This amount
came from ;Uy following localities Old
upper works, 20 tons; sixth station,
200 tons; seventh station, SIC tons (;
Curtis shaft works, 39l tons.
Crown Point declined from $3.50 to
Sl,ls0, rallied to 81, 260@l,340, and
closed yesterday at $1,000. In the east
drift from the 5o0-foot level the recently
discovered body Of ore has been pene-
trsted, and 10 said to be eight feet wide.
Il is reported that water has iuterfered
with the further prosecution Of work at
this point since the llth instant. Dur
ing the week ending April 18th, 1873 tons
Of ore were taken from the mine.
Yellow Jacket improved from Sl,l9o
10 Sl,254, recedsd to Sl,l95, then sold
at 81, 235@l $50, and closed at Sl,24o.
We cannot enter into particulars con-
corning the condition Of this mine for
reasons frequently stated, viz: remiss-
ress on the part OF officials in Virgins
city in sending information TO the COM
pany's Office In this city.
Gould & Curry sold to 8 larger extent
than usual, rising from $500 to $500
500, ard dropping to S435, and closing
Yesterday at $3.50. II is the intention
Of this company to resume work at an
early day at the following points Of their
mine: in the south drift from the fifth
statiou-towsrd the Savage ground
which is in fifty feet in the fourth sta
ton drift south, running cast; and from
the fourth station north to explore the
northern portion of the mine, the pro-
posed drift to run northeast.
Chollar-Potosi has been in marked
favor since our last reference, opening
at S345, advancing to 1894, then selling
at S375, under a large sale improving to
500, aud closing at $500. It is said
that the Blue Wing station is producing
the usual quantity of ore. During the
week ending April 18th, LESS tons OF
ore were sent to the custom mills /; pre-
vious week, 1881 ons
Imperial has fuctusted but little, SELL
ing at S265@27O, and closing at S277.
The first cleanup of this company dur
ing the current month, produced about
$50, 900 in bullion. They are now haul
ing from l2O to 40 ton Of ore per day
to the Rock Point mill. The Imperial
Empire shaft is now timbered s6l feet,
with but little water at that depth.
Alpha sold at S205@3lo; Belcher re-
coded from $40 to 1852 so, then sold
at $3.50, and closed at sos; Empire va
ried little from $40, closing at Sl75;
Confidence sold at S36@4l, closing at
$50 so; Gold Hill Q. NJ. L NJ. NJ. Co.,
recently placed on the list, sold at 5000
@l97 so per share.
The aggregate sales Of stocks, Legal
Tender Notes, etc., since Saturday last,
amounted to 81, 1926 ,152.