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Collection: Books and Periodicals > Mining & Scientific Press

Volume 11 (1865) (424 pages)

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4 Ghe Riining and Scientific Dress, City Stock Reports---San Hrancisen Stock and Exchange Board, From the “(Weekly Stock Circular” of the Associated Brokers. San Francisco, Sarurnay Mornina, July 8th, 1865. The condition of the money market is substantially unchanged and there seems to be no improvement in the loan demand. It is quite appareut that the available capital of this city now exceeds the requirement in the ordinary course of business and that the tendency is to lower rates of interest. ‘I'he London and San Francisco Bank, under the management of Mr. M.S. Latham anda Board of Local Directors, with a paid np capital of $500,000, will commence business in San Francisco Aug. lst. We are informed that the present capital of this institution is to be largely increased, and that its operations will embrace a general banking and exchange business in London and San Francisco, and between these cities and all parts of the world. Receipts of treasure from the ‘iuterior mining districts since Saturday last have been light, and amounted to less than $800,000. Bullion is meeting with no special inquiry and the supply continues ample. Gold hars are dull at 820@830 and silver bars rauge at about par to 2 $8 cent. discount. ‘ Legal Tender Notes, in the absence of telegraphic ecmmunication with the East, have been dull and inactive, and trifling sales were made at 73c@731¢c, then at 731¢¢, and closing at 731g¢ bid, 733{¢ asked. The Share market has been exceedingly apathetic this week and the transactions at the Board were of less importance than for months past. A npmber of dealers have been out of the city, and the festivities incident to “the 4th,” absorbed a large share of the attention of } cthers. There is little or no improvement to note and some stocks are lower than at the close of last week. Nevada advices have been meager and devoid of special iuterest, hut so far as we can learn, the work of development is progressing with the usual vigor without disclosing anything new. Gould & Curry is dull hut firmly held at about $1,750, ex-dividend of $50 per foot paid on Thursday last ont of the earnings for the past month. The upper chambers of the mine show some itnprovement and the receipts of bullion from the mill are up to the usual average. Savage has also heen apathetic but well maintained. Small sales were made at $1,375@1,390. The receipts of bullion during the month of June amounted to $115,000, and tho immediate liabilities of the company have been reduced to about $75,000. Some conflicting titles were adjusted last month, involving an expenditure of $15,000. The mine is now yielding an average of 80 tons of ore per day, worth some $45 per ton. There is no material change in the lower level, but the indications continue favorable. Work has commenced upon the new main shaft. Alpha is in rather less favor and a few feet were sold at $1,450@ $1,410, then at $1,400, and closing at about $1,450 asked. Preparations are being made to thoroughly develop the lower level of this mine, meanwhile some good ore is taken from the npper chambers. Yellow Jacket decliued from $1,090 to $990, rose to $1,030, and sold yesterday at $1,060(@$1,050 ; some 106 feet in all changing hands, The cash ‘liahilities ef this company are now about $200,000, and $132,000 will he due in nine and twelve months, in payment of the Morgan Mill property. To complete the improvements to this mill, the reduction capacity of which is to he increased to 80 tons per day (with 40 stamps), $50,000 will be required within the ensuing sixty days. In addition to this it will also require an expenditure of some $50,000 to sink the main shaft to the depth proposed and to pay for work already done upon it. This shaft is now down 180 feet. The west cross cut from the south drift discloses some streaks of good ore and may lead to a well defined deposi in that part of the mine. An average of about 140 tons of ore per day, worth $3734 per ton, has been hoisted to the surface during the past ten days. Crown Point has been moderately dealt in, and 10 feet were sold, declining from $770 to $750,rallying to $775, and closing at about $760. The ore now taken from this mine shows some iniprovement, and the receipts of bullion are likely to increase. ‘he propriety of purchasing the Rhode Island Mill is talked of by some of the stockholders and trustees of this company. The capacity of this mill is about 30 tons per day. Belcher rose to $780, declined to $725, and sold yesterday at $715 @$720. Hale & Norcross fell from $560 to $460, and closed at about $480. ‘There is uothing new from either of these claims. Ophir was steadily maintained at $500 cash, and $480, seller 30, and sold yesterday at $485. The trial of the Burning Moscow vs. this Company resulted ina disagreement of the jury. Eight out of twelve jurors were, it is said, in favor of a verdict for the Ophir. The body of ore between the sixth aud seventhlevels is improving, and from this part of the mine 25 tons, yielding $50, and about 15 tons, giving $90@$120 per ton, are now daily scut to the company’s mills. The receipts of bullion for the month ot June amounted to $47,000. Empire Milland Mining Company is strongly held at about $500 per share. The yield of this mine for the past month amounted to some $70,000, and a dividend of $20 per share hasbeen declared. The company recently purchased ahout 2,000 cords of wood for their use the ensuing fall and winter and dishursed $20,000 in June for this purpose. An average of 100 tons of ore per day is now daily taken from the mine, the larger portion of which is first and second-class ore. Chollar fell from $345 to $335, and sold yesterday at $330@$325. In stopeing up from the fifth to the fourth level in the south mine, ahout twenty tons of 40 ore are daily taken. The indcbtedness of this company is now about $105,000. . Potosi declined from $335 to $325, and was dealt in yesterday at $325(@$320. From the third level (above the tunnel) some 20 tons of fair ore are daily hoisted to the surface. The present liabilities of this compauy amount to about $140,000. The Chollar Potosi Company owe $100,000, on account of the Grass Valley settlement and $100,000 additional, so that the combined debts of the two companies are at this time about $445,000, to be reduced to $305,000 after the payment of the present assessment of $50 per foot each. Uncle Sam continues in favor and some 300 shares were sold, receding from $200 to $185, advancing to $250, and selling yesterday at $245(@@$267. An assessment of $50 per share was levied June 29th. Overman is also in better request, advancing from $180 to $250 and closing at $250@$257. The two lower levels in the mine are said to look very promising. An assessment of $50 per share was levied on the 29th ult. Imperial fell from $238 to $221, ex-dividend of $10, paid on the 5th inst., rallied to $235, aiid closed at about $234, The miue is unchanged, and the affairs of the company are deemed more flattering than for some time past, Burning Moscow has heen largely dealt in nnd nearly 2,000 shares were sold, advancing trom $32 to $37, dropping to $31, rallying to $36, declining to $28 and closing at about $31. An assessment of $20 per share was levied July 6th. Bultion rose from $140 to $150, fell to $120 and sold yesterday at $190@$175. Pacific Insurance Company was sold at $140, ex-dividend of $6 per share, and is now held at $142. California Steam Navigation was sold at 74 4 cent. Firemens’ Fund Insurance is offered at $110The aggregate sales of Stocks and Legal ‘Tender Notes since Satur. day last, amounted to $436,909. 70 shs Burning Moscow at 28 per share. . 15 8hs Burning Moscow at 2944 per share. 60 shs Burning Moscow at 29 per share. &shs Burning Moscow at 2834 per share. 10shs Durning Moscow at 2534 per share, s3 20 shs Imperial at 234 per snare, r w. 10 shs Imperial at 230 per share, 8 30. 7s8hs Imperial at 233 per share. 61 shs Imperlal at 234 per share. 20 shs Cole (Va.) at 2 per share. Amount of sales...... sereeeseen® 72,054,00 Friday, duly 7. $18,000 Legal Tender Notes at 7334 per cent, $ 3,300 Legal Tender Notes at 7334, s 3. 23 shs Uncle Sam at 245@255 per foot. 27shs Uncle Sam at 218 per foot. 2ehs Unele Sam at 219 per foot. &shs Unela Sam at 220 per foot, b 3. 12 shs Overman at 210 per foot. &shs Overman at 205 per foot. 5sh Overman at 20744 per fovt. Tshs Yellow Jacket at 990 per foot. 2shs Yellow Jacket at 1010 ner foot. 4shs Yellow Jacket at 1020 per foot. 3shs Yellow Jacket at 1025 per foot. lsh Savage at 1375 per toot. 20 shs Potosi at 325 per foot. lsh Alpha, GH, at 140 per foot. 2shs Alpha at 1410 per foot. lsh Hale & Norcross at 475 per foot. 3shs Belcher at 725 per foot. 4shs Crown Point at 765 per foot. 4shs Crown Point at 775 per foot. lsh Overman at 180 per sharo. 8 shs Chollar at 335 per foot. 10 shs Imperial at 22244 por share. lsh Imperlal at 223 per sharo. 25 shs Imperial at 221 per share. 40 shs Burning Moscow at 33 per share. 39shs Durning Moscow at 31 per share. 40 shs Burnlng Moscow at 30 per share, 20 shs Burning Moscow at 314 per share. 40shs Burning Moscow at 31 per share. 10 shs Bullion, G H, at 14234 pershare. 5 shes Bulllon at 14) per share. AFTERNOON SESSION, 5shs Uncle Sam at 205 per foot. 8shs Uncle Ssm at 209 per foot. 24 sbs Uncle Sam at 250@260 per foot. 20shs Uncle Sam at 251@253 per foot. 2shs Uncle Sam at 265 per foot, b 30. 20 shs Wide West at 634 per share. 18 shs Belcher at 720 per foot. 10 shs Hale & Norcross at 475@460 per foot. 20 shs Overman Oper foot, 24 shs Ophir at 490@4185 per ioot. lsh Savage at 1390 per foot. 7shs Yellow Jackct at 1040@1055 per foot. &shs Yellow Jacket at 1050@1060 per foot. 67 shs Imperla} at 236@235 per share. 34 uhs Potosi at 825 per foot. 10 shs Pacltic Ins. Fund at 140 per share. 245 shs Burning Moscow at 25@39 pr share. 10 shs Buillon at 190 por share. 20 sis Alpha, G. H., Rt 1400 per foot. AFTERNOON ARSSION, 162 sha Burning Moscow at 31K @31 per sb. 16 shs Uncle Sam at 265 per foot. 2shs Potos] at 320 per foot. 4shs Chollar at 330 per foot. 30 shs Imperlal at 235@234 per sharo. 3 shs Savage at 1390 per foot. 6shs Hale & Norcross at 470@480 per foot.
15shs Uucle Sam at 265@267} per sharo, 73 shs N. Amerlean, Ex Sam, at 25 per sh, Amount of sales.. oo-8 98,650 00 . 30 shs Burning Moscow at 20 per share, r w $80 shs Burning Moscow at 3034 per share, 70 shs Buruing Moscow at 3t per share. 20 shs Burning Moscow at 81 per share,r w. 10 shs Burning Moscow at 30 per share, s 3. 20 shs Burning Moscow at 31 per shara, 83. 35shs Burning Moscow at 313% per sh, 33. 50 shs Burning Moscow at $1 per share. 20shs Burning Moscow at 3134 per sh., rw. 10shs Bullion at 120 per share. 5shs Bulllon at 12234 per share. 5shs Imperlal at 231 per share, b30. 37 shs Imperlal at 227 per share. 20 shs Pacific Insurance at 140 per cent. $ 56,000 Legal Tender Notes at 732, 33. AITERNOON SESSION. 3shs Yellow Jacket at 102734 per foot. 80 shs Minerva, G. H., at 180 per foot. 9shs Uncle Sam at 235 per foot 5shs Uncle Sam at 28734 per foot 1 shs Uncle Sam at 240 per foot. lsh Overman at 220 per foot. & shs Overman at 230 per foot. . 10 shs Nulllon at 13734 per share, b 30. 20 shs Bullion at 140 per share, h 30. 10 shs Bullion at 13214 per share, a 10 sbs Burning Moscow at 30 per share, 4shs Uncle Sam at 210 per foot. 24 shs Ophir at 480 per foot, s 30, 12 shs Ophir at 49734 per foot. 24 shs Ophir at 49734 per foot, s 3. 2shs Overman at 195 per foot, 4shs Alpha at 1410 per foot. 2shs Yellow Jacket at 1010 per foot. lsh Yellow Jacket at 1005 per foot. $shs Yellow Jacket at 1000 perfoot. rw. 7shs Yellow Jacket at #0 per foot. lsh Yellow Jacket at 990 per foot, r w. 100 shs Minerva, G. H., at 150 per foot. 10 shs Durning Moscow at 3244 per share, 15 shs Burning Moscow at 33 per share. 50 shs Durning Moscow at 34 per share, 198 shs Durning Moscow at 343 per share. 5shs Burning Moscow at 35 per share. 0 shs Burning Moscow at 36 per share, b 30. 7) shs Bullion at 140 per share, 10 shs Imperla] at 224 per share. 80 shs Impcrlal at 223 per share. 11 shs Imperial at 223 per share, s 30. Amount of sales.......0+0+0.+9108,680 00 Thursday, July 6. 4 shs Uncle Sam at 215 per foot. SALES OF THE WEEK BY THE 8. F. BTOCK & EXCHANGE BOARD, Saturday, July i. 24 shs Ophir at 500 per foot. 18 shs Ophir at 490 per foot, r w. 96 shs Ophir at 495 per foot. 12 shs Ophir at 500 per foot, b3. 24 shs Ophir at 495 per foot, 55. 24 shs Ophir at 49734 per foot. 12 shs Crown Point at 765 per foot. 8 shs Crown Point at 765 per foot, s 3. 12 shs Belcher at 750 per foot, 5 30. 12 shs Belcher at 775 per foot. 6shs Belcher at 780 per foot. 6 shs Belcher at770per foot. , 3shs Belcher at760 per foot. 4shs Uncle Sam at 195 per foot. ish Uncle Sain at 19234 per foot. 10 shs Uncle Sam at 190 per foot. 4shs Uncle Sain at 185 per foot. 2shs Uncle Sam at 136 per foot. 4 shs Yellow Jacket at 1085 per foot 3 shs Yellow Jacket at 1090 per foot. 2 shs Potosi at 38737 per toot. 4sha Potosi at 338 per toot. 10 shs Potosl at 33234 per foot. 12 shs Chollar at 345 per foot. 4shs Minerva, G. F., at 150 per foot, 5shs Bullion at 140 per share. 130 shs Burning Moscow at 33 per share. 40 shs Burning Moscow at 3234 per share. 14 shs Nurning Moscow at 32 per share. 20 shs Burning Moscow at 33 per sh, h3. 45 shs Burning Moscow at 34 per share. 40 shs Sierra Nevada at 1244 ner sharo, Ish Imperlal at 238 per share. 20 shs Wide West at 734 per share. 5shs Cal, Steam Nav. Co. at 73 per ct, 8 3. $ 2,500 Legal Tender Notes at 73 per cent. No afternoon session. Amount of sales.. seveeeees$ 72,150 00 Monday, July 3. &4 shs Ophir at 490 per foot. 48 shs Ophir ac 490 per foot, r w. 2shs Uncle Sam at 2°234 per toot. 5shs Uncle Sam at 200 per toot. lsh Unele Sam at 19734 per foot, lsh Uncle Sam at 195 per foot. 2 shs Uncle Sam at 196 per foot. 2shs Unclo Sam at 196 per foot, r w. 4shs Yellow Jacket at 1085 per foot. 6shs Yellow Jacket at 1030 per foot. Ish Yellow Jacket at 1080 per foot. bs. 7 shs Yellow Jacket at 1075 per foot, a5. lsh Yellow Jacket at 1075 per foot. lsh Delcher at 750 per foot, rw. lsh Belcher at 750 per foot, 2shs Relcher at 760 per foot. 2shs Hale & Norcross at 560 per foot. 12 sha Chollar at 340 per foot. s 3. 8shs Alpha, G H, at 1450 per foot. 20shs Burning Moscow at 37 per share, 10 shs Burning Moscow at 3744 per share. 10 shs Nurning Moscow at 38 per sh, rw. 60shs Rurning Moscow at 38 per sliare. 10 shs Burning Moscow at 37 per share, b3. 10 shs Burning Moscow at 35 per share. 100 shs Burning Moscow at 36 per share. 10 shs Burning Moscow at 36 per share, rw. 76 shs Bullion at 150 per share. 6 shs Bullion at 150 per share, rw. lsh Bulllon at !5i per share, 10 shs Bullion at 148 per share. 10 shs Petaluma Mill at 100 per sbare, $ 6,630 Legal Tender Notes at 73 per cent, $ 5,000 Legal Tender Notes at 733g per cent. $10,000 Leyal Tender Notes at 73 p ct,s 2 AFTERNOON SESSION, 3shs Belcher at 750 per foot, a3, 9 shs Belcher at 750 per foot. lsh Uncle Sam at 197 per foot. 17 shs Uncle Sam at 197 per foot, 8 30. ish Yellow Jacket at 1070 per foot. lsh Yellow Jackct at 1070 per foot, 83. 2shs Yellow Jackct at 1065 per foot, s3. 1sh Yellow Jacket at 1000 per foot, 9 8. Ish Yellow Jacket at 1050 per foot, s 12. 2shs Yellow Jacket at 105U per foot, a 15. & shs Ophir at 500 per foot. 8 shs Minerva, G. H., at 150 por foot, r w14 shs BurnIng Moscow at35 per share. 20 shs Burning Moscow at 34 per share. 20 shs Burning Moscow at 33 per share. 10shs Rurning Moscow at 3235 per sh, b 3. 35 shs Burning Moscow at 313 per share. b0shs Burning Moscow at 31 per share. 20 shs Bulllon, G H, at 146 per share. 10 shs Bullion, G H, at 146 per share, 8 3. 10shs Imperlal at 23233 per share, 330, 10 shs Imperlal at 230 per share. 10 shs Imperial at 234 per-shnre. 10 shs Imperlal at 22734 per share, #30, 10 shs Imperlal at 231 per share. Arrount of sales.. $104,825 00 Tuesday, July 4. Board not In session. Weduesday, July 5. 6shs Relcher at 750 per foot. 6 shs Belclicr at 740 per foot. € 3 shs Belcher at 750 per foot, 9 15, + 5 shs Yellow Jacket at 1025 per foot. lsh Yellow Jacket at 1005 per foot. 4shs Yellow Jacket at 1000 per foot. Sshs Yellow Jacket at 1010 per foot,s3 Gshs Yellow Jacket at 1010 per foot. ish Yellow Jacket at 1020 per foot. 3shs Yellow Jacket at 1615 per foot. 4shs Alpha at 1425 per foot. 6shs Uncle Sam at 195 per foot. 35 shs Uncle Sam at 20" per foot, h3. 16 shs Uncle Sam at 19733 per share. 8S shsjUncle Sam at 197 per foot. 36 she Ophir at 490 per foot.