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Collection: Books and Periodicals > Mining & Scientific Press
Volume 18 (1869) (430 pages)

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Page: of 430

The Mining and Scientific Press.
—_
Weekly Stock Circular.
By Associated Brokers of ths. F. Stock and Exchange Beard
San Francisco, March 2, 1&9.
Finmanctal.
Froin the Commercial Herald we take the following:
Since our last jeeue we have been favored with refreshing showers, which have greatly assured the farming
community, and promise to crown their jubors with an
buprecedented harvest. As we write the pluitial boun.
ties are becoming moro eopious and appear to extend
over a wide ficid, with every prospect of au abuudant
supply. On tho Sierra Nevadas aud east of that range
much snow has faiien, clogging the railroads and hindering communication with these districts. The Central Pacific Rallroad la so pressed to transport its own effects in
order to completo the enterprise at the carllest possible
day, that orders have been reecived bere to ship merchandise hy the ofd-fashioned methods, It is unneces.
#ary to cxpiain thut 60 soon as the railroad shall be compirted all Its ayailablo facilities will be placed within
reach of the public, Largo amounts of Eastern capital
arv finding their way here for carly investment in White
Pine mining and reai estate stock, and wo learn that vigOrous efforts will be mude to divert the trado of that section and Sait Lake from San Francisco. They must all
proyo yain, for thero is nothing which Chieago or any
other Enstern city can supply so cheapiy as tho Metropolis of tho Pacific. Especially is this true in reference
to all sorta of grocerles, such as salt, spices, sugar, tea,
coffee, soap, candies, and the like. In the matter of
fruits, silk and woolen goods, limber, machinery, etc.,
there can be no competition against us.
The North Pacific Transportation Company filed its
certificate of incorporation in the County Clerk's office
ou the 13th of Mareh. Its capital stock is $5,000,000, divided into 50,000 shares at $100 per sharo. The Trustees
aro Jesse Holladay, William Alvord, W. C, Ralston, Loyd
Tovis, Alvinza Hayward and S. F. Butterworth. Its objects purport to bo the t tation of 3 and
freight on tho waters of tho Pacific ocean and ali the
rivers and bays accessihle from it, and to transact all
other busiuess necessary to carry out the design,
Tho Commissioner of Immigration has obtained a
6atisfactory settlemeut of his claims upou various partics who have long contended against tho colicction of
the State tux as being ilicgai. Wo understand that tho
claim against Koopmanschan & Co, was withdrawn’ on
the paymeut of $20,000 hy that firm. This was the last
of the iot, with tho exeeption of a claim against tho Pacific Mail Company for the tax npon six Chincse, which
hus, hy agreement, heen referred to the Courts, to be
setiicd upon tho intrinsic merits of the case.
City Stocks.
Increased interest has heen manifested in
miscellaneous securities, and the sales during
the period under review have hcen very considernhle. Spring Valley Water stock sold to the
extent of 395 shares at a nniform rate of $68
per share. San Francisco Gas stock was in the
market at $78@77 50, and North Beach and
Mission Railroad at $72@71 50. A few shares
of Sacrawnento Gas Company stock were disposed of at $95 per share. The annual meeting of stockholders will be held at Wells, Fargo
& Co’s office, in this city, on the 30th inst.
This company has heen paying regular monthly
dividends of 4% per ecnt. For California Steam
Navigation Company stoek 70 per cent. is hid.
A dividend of 1 per cent. npon their capital
stock was dishursed on the 15th inst. The last
previous dividend was paid in Octoher, 1868.
The State Telegraph Company also dishursed a
dividend of 1 per ccnt. on the 15th. This is
anuounced as their tri-annual dividend. The
last previous dividend was paid in July, 1868,
amonnting to $1 per share. At the annual
mecting of the San Franciseo Insurance Company, held on the 16th inst.,‘John Archhald
was elected President and R. B. Woodward
Vice-President. This company is winding np
its husiness, and these officers were elected in
order to legalize the signing over of mortgages,
etc., in their possession. The accrued earnings
of the assets enables them to disburse a dividend of 2 per cent. per month on ‘the first of
April next.
Mining Share Market.
This market has heen more or less demoralized since our last reference. Prices have been
very generally irregular and fitful, effecting a
serious decline in a nnmber of stocks, while
others have been barely able to maintain themselves under the strong ‘‘ bear” pressure which
was very ohservahle. This state of things indnecd many to let their stocks ‘‘slide,’’ while
others, who are commencing to operate in White
Pine elaims, also appear inchned to drop the
Washoe line and hrace themselves for a vigorous eampaign in the new and more exciting
Speculative struggle soon to he inaugurated in
our mining share market. Hundreds of White
Pine companies have already heen ineorporated
and additions are daily made to the numher.
Many have placed their claims in the hands ot
skillfnl manipulators, and it will ho as well to
scrutinize them closely, Non-speculative in.
vesters will prohahly ipo more to actnal developments than verhal reports, and pay more
attention to results than to anticipations.
Axrua—receded from $38 to $27 50, improved to $33, and closed at $31 25. On the 17th,
the north drift nnder the east clay, on the 1,030
level, was in 15 fect, and the quartz is reported
to look very favorahle, hnt as yet shows no pay.
Thero is a slight increase of water in the face of
the drift.
CuHoLian-Potosi—has heen in moderate request, selling at $166@157, and at the close
realizing $161. During the week ending March
12th, S44 tons of ore were extracted. In the
new tunnel the ore has been stoped for a distance of ahout 90 feet in length, varying in
width from 8 to 20 fect. Up to this date it is
reported there aro no evidences that this deposit . s
extends much below the tunnel level. In the
shaft work was suspended at the 920 level on
the 8th inst. The only drift now being run on
the lower Ievels is at the 1,240 station, which
extends 129 feet from the incline, and 500 feet
east from the shaft. The rock is hard and
there are no indications of quartz in any portion of it. On the 16th inst. 110 tons of ore
were shipped to custom mills.
Crows Pomt—opened at $75 50, declined to
$71 50, and closed at $71 50. Nothing of importance from the mine so far as we ean learn.
On the 18th inst. bullion valned at $7,754 49
was send forward from the Rhode Island mill,
. Gouin & Curry sold at $100@109 50, and
closed at $107 50. Work is now rapidly prosecuted at the hottom of the shaft, with the pnrpose of soon resuming the further sinking of the
shaft.
Haze & Norcross—sold quite largely at an
advance, rising to $98 on the 17th, and closing
yesterday at $91. They are breasting ont ore
on the fonrth level, hoth north and south of the
winze, and it is said to he of good quality,
showing an average width of 544 fect and 275
feet in length. The winze extending from the
third level down, 2 depth of 130 feet, shows
continnous ore within 15 feet of the third
level, and is of an average width of about 8%
feet. From the fourth to tho fifth level the
winze is 53 feet in depth; ore good, and now
five feet wide in the winze. A drift is being
run to connect with the winze on the fifth level,
and where the ore is cut on that level the vein
is twelve feet wide and looking well. Since the
annnal meeting they have been extracting from
55 to 60 tons of ore per day.
Imprer14t—dropped from $103 to $85, and
elosed at $87. The work in the lower levels
has not yet prodnced any fayorahle results..
Kentuck sold at $262(@256, and closed yesterday at $260. The bullion receipts for the enrrent month to the 17th amounted to $30,910.
.OveRMAN declined from $66 to $55 and at
the close sold at $51. On March account the
bnilion returns aggregate $5,061 43..OpHm
sold within a range of $35 50@30, and closed
at $29 50. On the 17th instant the drift was 91
feet in length from the shaft. Rock eontinnes
hard..ConFrrpEncE sold at $32 50. The bullion yicld to date on March aecount ageregates
$7,929..Srenna Nevana sold at $32 50@35,
and closed at $36. Receipts of bullion to date
for Mareh aceonnt, $7,339.
Amapor—experienced a decline, a few shares
selling at $260(@@265, and yesterday afternoon
reahzed $272 50. We nnderstand that the
first clean-np for the present month will ageregate hetween $30,000 and $31,000 in bullion.. .
Bexcwer closed at $17 50. ‘An it of
MINING SHAREHOLDERS’ DIRECTORY.
(Compiled for every lasue, from advertisements In the
Mising ann Serextiric fess and other Sau
Franelsco Journals. }
fomprising the Names of Companies, District or Count
or Ae or'bett and ca ue or eens Date a
Me ¥ of Delinquent Sale; and Amount T
ol Payment ot Dividends. , ener
MAME, LOCATION, AMOUNT, AND
DATHK OF ASSESSMENT.
Amador Co., div. $0 per share..
Almaden, Nev. ada, Marelli Lb $.
&ncon, Storey co., Nev,
Belcher, Sturey co. Nes
Chollar-Potosl, div.,
Crown Point, thyidend,
lords Mt. Tun. White Pine, Fe
Coney, preterred ‘Brock, diy. 143 per
Cherukee Flal, Butte oo. March 1, $5,
Gordlilera, Mex,, Mureh 16, $1..
Cons Chloride Fiat, White Pine.
Haney, Lyou co. Nev., March 8, $2.50,
Empire M. & M., Nev., eB ait $6.
Bureka, diy. $5. Bo
Folsom St. & Ft. Pt. R R. feos
UE a Bd § ol & M—div nd wee Tayable Jniy 13, 1
Golden Ruic, Tuolinnne co, div. “hue fish. Bay. Feb, 26, tee
Glenwood, Bl Darado co, Feb 19, -April 2—April 2.8
isreat Union, White Plue. Mbcting March 29
Hale & Norcross, dly, $125.. »».Sept. 16, 1887
nine Gravel, Nevada eo, Feb $1.. March april 19
Hic dei Treasure, White tines: Haunt Meeting Aprlié
IXL, Alpine co., Jan, 19, $1 59. Feb. 27—Anril 5*
Impertal, Storey’ oo. », Noy., div. Payable ‘Juve 20, 1868
Julla, S:urey eo , Nev... on »»Mecting, March 25
Kentuck, dlv. Payahle Jan. 10,1869
Keystone -Mceting April 2
Lyon M & M., April 12—April 26*
Mt. Tenabo, Lander co, Jan, 23, 75c. »»April 2—April 27*
Maxwell, Amador co., Feb. 9, $ . farch I3—Aprii
Morning Star, Alpine co. M. + April 5—April 26
Mohawk & Montrenl, Nev.
North Star, dividend, $5
North Aner. Wood P.
Occldental, div. $2.
Pacific ntisesaule al
Pocotillo naual Mecting March 22
Aisling Star, Hebi Feb. 8, 36. »March 31—Aprll 3
Santlago, Silver Clty, dividend, $2 50..Payable Dec 19, 1R63
Sand Spring ~alt. dividend $1 -Piyable Jan 5, 18t9
Star Greek, Nev., Feb. 26, S15 -Mareh 29—A pr! ril 19*
Savage, Virglula, Nev, aivdietas $4.Payalile Murch 4, 1869
Treasure Trove, Lander eo., Feb. 15, 2c. Weh 2i—Apri) 12
Troy Ledge, White Vine, March 16, ise.. April 23—May we
Virginia & O.H Water Co. Dividend, payuble Mar. 10, 1869
Yellow Jacket, div., $5.. .-Payablo March 15, 1869
pay Day
DELINGUENT. OF SALR
+Payable March 10, 1569
» Apri 20—May 3
a div Pu neva laite June 19, 168
oy NEP 15, $3..Aprll 17—May 3
Payable Oct, 15, U7
yable Sept. By
50¢.Mar 13—Ap. 1
et -Mareli 1 139
Aprli 3—April 20
April 20—Mnv 1u*
lecting March 24
»April 12—May 3
Payable May 15, 1807
able Mareh 10, 1869
) $5.. Apri! 13—Aprll 30
Payable Mny 15, 1867
Fes
March 31—April 16
Payable Aug. 15, 1868
. March i?) $1...April lg—May 1*
ree March 2, 1869
Payable June 18, 1868
Thoso marked with an asterisk (*)are advertised inthis
ournal.
Latest Stock Prices Bid and Asked,
8. F. STOCE ANN EXCHANGE BOARD,
_ Faioay feet March 19, 1869,
MISCELLANEOUS STOC Bid. Asked.
Multed States Bonds, 5 2g, 1815, "en ‘68. 8 8&7 87
United States Bonds, 5 20s, 1854. 87 87
Unlied Stales Bonds, 5: 20s, 18 8a Ft)
Legal Tender Notes. Mg 73
Calitornla Stnto onda 7s, Le 3
an Francisco Bonds, 10s, 185. bar & int,
ian Francisco © iy Bonds, 6s, 1855.
an Francisco City and Sane Hoads. 63, pee 53 a1
an Franeclsco School Bonds, 103, 1 100
an Franci:co School Bowls 40s, nel par & Tin,
an Franelsco City and Co. Sch’! Bids, a1 =
an Frinclsco Clty and Co. Bouds, 73, 1862. & 87.
jan Franclsco City and Co. Bonds, 7 73, 186. ol =
an Franciseo City and Co Bouds, 7s, 1805 91 =
an Franclsco City and Co. Judg. Bds. 7s, 186: 1an Francixco Cily and Co. Judg. Bas, 7s, Me OL =
Sacramento City Bonds. EK 31
Sacramento County Bonds, 6: 70 =
arysville Bonds, . 75 80
Stockton Cliy Bonds. 65 7
Yuba County Bonds, &. 80 RS
Santa Clara County Bonds, 76 7
Butte Connty @onds, ils, 75 es
San Mateo County Bunds
TA 30
California Stean Navipat 65 =
Spring Valley iGhes Co 67 68
State Telegraph Co. 26 a
GAS COMPANIES,
San Fraucisco Gas Co 78 80
Sacramente Gas Co. 835 =
cela
Sacramento Valley Rallroa = —
San Francisco and San Hee RaiiroadOmnihus Rattroad. 723g —
Central &ailroad 60 =
Norti Seach and Mission Railroad T3726
Front Street, Mission and Ocean Railroad. ll R
@ANKING INSTITUTIONS.
Pacific Bank ...---.9734 10
The Bank of Calilorma. 157 160)
People's Insurance Company 100 pus
INSURANCE COMPANIES.
Flremana' Fund Insurance Co..
Pacific lusurance Co...
Merchants! Mutual Marl
California Insurance Go
Union Insurance Co..
Home Mutual Insurance Co.
Occidental lusurance Co.
MINING STOCKS—WASUOK DISTRICT.
$3 per share was levied on the 15th instant..
Gotnen CxrantoT (Idaho) sold at $50. The hullion yield for the month of Fehrnary aggregates $43,027 24; in January it amounted to
$45,630 88. A dividend of $2 50 per share is
payable to-day.
FEarrHquake-PRoor Cuimneys.—We noticed at No. 749 Market street three very
large galvanized ironchimneys, the outside
being an octagon shaft, with ornamental
cap and base, fourteen feet in hight, with
an averaze width of four feet. Within the
shaft are fonr heavy iron flues to convey
the smoke—the whole being firmly riveted
and making a very substantial chimney.
No external hracing is required, as the apparatns is held in place by angle irons attached inside the flues, extending down
and fastened to the brick work of the
chimney below the roof. It is thought by
Messrs. Conlin & Roberts, by whom they
are built, to answer all the Yequirements of
an earthquake region. They are intended
for Mr. Thos. H. Selby’s gothie residence
at Fair Oaks.
ae 318g
4 «(18
15 16
73g 72
= 15
BZ 35
16 1614
3 4
BE: VW
Empire MIN and Mining Go Gt ri)
Gould & Curry. U7 1g
35 45
9.1 91
87 =_
= 4
12
25! 260
ing a
2 3u
tis §l
it Ly 6id
33 36
6: 62h
United States. =MISCELLANEOUS NINING £TOOKS,
Amador (Calllornla 275 =
North Star (Califor — _
Eureka (Callfornin) . 23000 2ail
Golden Kule, Calllornia wee =W 12
San Francisco . Market Rates,
Whoiesale e Prices.
Fripay, Sage 19, 1869,
Blour: Extra, non bhl. @S5 i)
Super: @475
oan Meal, Bp 100) @ 3 50
Wheat, 5 1M @ 165
Oats, @ 100 @ 2 20
BSaricy, #100 @ 225
Scans, % 100 @7 00
Potalocs, # 100 ibs @ 90
ay, B ton... @I18 00
Llve Oak Wo @10 00
Acef, extra, dressed, @ 12
Sheep, on fvot,. @ 325
ogs, on foot, @ 7
Hogs, dregsed, %, ib @ wv
GROCKRIES, ETC.
Ee, pa ibe Bb Ws
» Chinn...
lu 2
aditie. Ci ee Alcs, Bib _ 18
Do. Riv....
165; Wy
Tea, oe MEME Bb ree BU
« Greeo,
5
Hawaiian Riee,
2 1 io
Ching Kice, Ft
6 7
ai OM, BH salle
45 ay
Gundles, % tb 16 18°
Ranch Buiter,
$5 42:
Istlions Butter, th aK Fry
Cheese, Calltorbia, F 15 ig
Eres, ecg 25 35
Lard, @ hh.. 14 15
Ham and Bacon, Bh 1s w 16
Shoulders, 3 tb.... 7 @ 8&8
Ke
Sutter, Callfornia, fresh 45 50
lu = plekled, % BT =
Ae Recall kK D 20 25
Ne
35 at
elivere. 3 20 35
Honoy,
25 30
Bsns. ak 45 50
tik ad Baeou
BA Bs
Crauberries, @ gallon luo 12
Potutocs, B ib..
ly 2
Potatoes, Sweet, aS ‘hb.
3 5
Tomatocs, @ th
3 =
Omoua, 3
8 —_
Apples, No.
4 6
meee Table,
5 a
Plums, drled, 2 th 1 12
Peaches, dried, % th lu 12
Oranges, B dozen . 75 =
GLentons, % dozen,
teu ve)
Chickens, apicce.
= 76
Turkeys, 3
25 30
Soap, Pale ande, Qo ii 12
Soap, Casillle, 7 th. 21 22
See ee
San Francisco Metal Market.
PRICES FOR 1NVOICES,
Jobbing prices rule from fen to fifteen fue cent, higher than the
following cublatin
RIDAY, Birch 19, 1869,
laon. wee Pig, $9 per ton; Rateaa tue B Berit Bar,
@l%c F Ibi Sheet, pollshed, 3c @ th; common, 1 K@Ise
us Plate, ge @ a Pipe, 1c th; Galvanized, 23;,¢
Seoten and Engllsh Pi lron @ to:
White Pix # to: a age eens: Be
Reliued Rar, bad Assortment ah.
Retined Bar, peed assortinent, ® tb
Boiler, No. 1
Pinte, No.5 toa,
Sheet, No. 10 to 1.
heet, No. 14 to 2
heet, No. 24 to
wenn Duty: Si
heathing,
heat! ing, Faye
Shenae Old Yellow.
composition x Maiw Prates.—Dut cod Eo yalore
Plates, Charcoal, ‘1x, Gent m.
Plales, 1 Charcoal
Roofing Plates...
Banca Tin, si Ge 1
Stevt.—Enpeglish Cast Ste
QuICKStLVER ae
Lran.—Ple, @ ib
Sheet.
Bar
Zine sheers Bh
Borax.—Californla,@ fh .
Tae Repemprion or Tive Lanps on the
San Joaquiu, at and around Sherman Islland, is estimated by a correspondent of the
Sacramento Union, at a probable cost of
from three to five dollars per acre. When
reclaimed they would be worth from twentyto thirty dollars per acre, with a prospective
increase to forty or fifty. In very severe
winters, like 61-2, these lands would be
flooded, but not snbject to any currents.
The dykes, dams, and ditches, used for reclamation, wonld remain uninjured, while
the rich alluvial deposits of the flood would
add additional riohness to the soil. After
reclamation the crops of grain and staple
products would be certain every year.
Rice evidently, ho says, could be cultivated
on these islands. The soil is rich, and the
means of reclamation would afford the
same convenicuce and cheap process which
havo been long practiced in the Carolinas;
that is to say, make the water do the work.
Damserected across the mouth ofthesloughs
would check the tide-water, and also form
a reservoir from which the field of rice
conld be flooded at pleasure. No grain, on
lands situated as these are, can be cultivated more cheaply than rice, It requires
but asmall quantity of seed forthe crop,
and, having the convenience of flooding
the land, the principal cost is the gathering.
Tue Recom.—The partics who thonght to
lessen the popularity of the Phantation Birrers
by alleging that, under a different name, the
same article effected the most astonishing cures
in the West Indies thirty years ago, have afforded the world another proof that malice and
envy often defeat their own objects, and give
new ype estige to that which they would fain diseredit and destroy. The proprietors of the
Puantation Brrrers, Messrs. Drake & Co.,
while acknowedging the origin of the preparation, have had an opportunity of showing that,
the rare elixir admitted, even by its interested
enemies, to he so wonderfully potent before it
ehanged hands, has had its remedial properties
almost doubled by the addition of anew ingredient—Calisaya Bark—since it hecame the property of its present owners. It,therefore, it was
so nearly infallihle in cases of inter mittent and
remittent fever, dyspepsia, hiliousness, ete. he
then, it mnst he quite so now.
Our Office.
The office of the Mixing ann Scientiric
Press is located in the second story at Ne. 414
Clay strect, north side, just below Sansome. Here
we have spacious acconimedations, with our patent
reoms, editorial reem, ceunting room, newspaper
and job printing offices, —all conveniently ar:
ranged and connected, and onr facilities fer dispatching business correctly and economically,
better than ever before. Don’t ferget the number
—i14 Clay street, below Sansome.
DEWEY & CO.