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Collection: Books and Periodicals > Mining & Scientific Press

Volume 18 (1869) (430 pages)

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The Mining and Scientific Press. ~ Weekly Stock Circular. By Associated Brokers of the8 y Btock and Exchange Board. San Fraxersco, February 6, 1869, Flnaneial, Our local money market works ensily and smuvthly, with n fair prospect fur continunnee, It is a great hlessing to he free from the convulsions and spasms which affect those money murts where pnper currency has usnrped the places of gold and silver. Rntes, in bank, reninin steady at 1@1%4 per cent. per month, with quite um active demand, and abundant supply. Although we have been favored with steady nud copious rains, communication with the interior has not heen ohstructed to the oxtent it attained at this timo last year, and bullion has been furnished in fair quantities. We quote gold hars at 880@890 ; silver hars scll from pur to +{ per cent. premium ; currency drafts on Annie cities command 33@33%4 per cent. premium on gold; sight drafts, payable in coin, 1 per eent. preminm; telegraphic transfers, 144 por cout. premium; sterling exchange, 487(d; commercinl, 497@4914d; Mexican dollars are selling at 5@6 per cent. premium, Onr rain fall, so far this season, has been 125, inches, and quite suflicient to insure the growing crops, which are on a scale fnr more extensive than ever, besides possessing the advantage of being, in good part, on new and strong soils, while the volunteer creps on lands planted last year are much superior to those in Eastern States grown on lands cultivated with much labor and skill. Next Monday, the 8th inst., onr Branch Mint will resume operations. It is as well to remark, in this connection, that we regret to learn the intention to ercct a Branch Mint at the Dalles, where it will remain a monument of reproach te Congress, for permitting partisan legislation to baffle the hest interests of tho peoplo at large, and waste the pnblic moneys to feed a small army of political leeches. The real estate mania has again fastened its grip npon our people. The value of sales mado in January was $2,716,823, and the number 492, being eight more in number, and $1,110,064 more in value than in Decemher last. More husiness was done in this hne during January, 1869, than in any one month of 1868, with the exception of March and September. The Potrero lands were largely dealt in—no less than 121 sales, involving $250,667, have been effected. Two hundred and sixteen mortgages, to the value of $1,185,221, and 157 releases, represcnting $588,960, were recorded in January last. The market has opened briskly, with evcry prospect of increased transactions. If the sales in January of the present ycar, when compared with those for the same month in 1868, afford any index of the real estato husiness to he transacted in 1869, we may sct it down at not less than $50,000,000. City Stocks. Our city stocks commanded improved rates during the period under review, and at the close the market is very firm. Seventy shares of Spring Valley Water stock sold at $67 and $68, huyer 30. This company pays its usual monthly dividend on the 10th inst. Early in the week a few shares of North Beach and Mission R. R. sold at $69, and latcr fifteen shares were disposed of at $70 @ share. Gas stock exhibits a very material rise, twenty shares gelling on the 3d at $90, seller 3. The usual monthly dividend was paid on the Ist inst. The Pacific Bank paid its customary monthly dividend on the 1st, and the Merchants' Mutnal Marine [us. Co. will disburse its usual dividend on the 10th. At the close, Cal. Steam Navigation Cv. stock sold at 6544 per cent. Mining Share Market. The mining share market proved to he quite active since our last similar reference. ‘Chis activity is mainly based on the prospective developments, of which limited success has so far attended several companies on the Comstock ledge, among which we may mention the Belcher, Yellow Jacket and Hale & Norcross, though the latter does not look quite so well at latest dates. Should Ophir prove to reach successful results in drifting from the lower Icvel of its new shaft, we may expect to see a marked improvement in share values. Brtcuen—has becn remarkahly active since our previous issuc, rising to $34, and closing at $32. A telegram of the 4th inst.reads: ‘‘ Assay from 200 level, $72: and 335 level, $69 to the ton.’ The ore reache 11 the 335 level, it is expected, will be fou the new exploring dull on a on the: 420 level, arguing = the fact that they have tapped a henvy hody ef water at tbe Jast named point. The ore found on the 200 Icvel lies east of the shaft, toward the Segregated Belcher gronnd, and arrangemeuts have been perfected with the latter company te rnise this ore threngh their shaft. Hare & Nercress—mnintained its activity throughout the week under an advnnce up to the 2d inst., when it sold at $85, the next day dropped to $70, and at the closo realizing $66. Tho letter of the 2d states thant the ground floor north in the south breast shows more waste than it did the day previons. The second floor continues about the same as previously reported. At the above date they hnd not yet reached the face of the south drift. In the north drift they found a little ore west of where they crossed tho ore with the cross drift, and had not yet gone far enongh to get into the ore body, On the 3d the ore in the winze was wider—ahout four teet—but not of very high grade. The south dritt had been opened, and they are now running on a stratum of ore xhout two fcet wide, and also running a cross-drift westward. Crown Pornt—sold at $67@68, and closed at S67. On the 3ist ult. the sump was fourteen feet below the 1100 level, to which point the pump column has been extended. The east drift of the 1100 level is in 40 feet, running in hard rock. The south drift of the 900 level is in 425 feet from the north linc, the ‘facc showing clay and phophyry. The extension of the main northeast drift is now over thirty-seven feet east of the east clay, the face of it in granite. Over $28,000 in bullion received on January account. Kenrucx—declined from $232 to $200, and closed at $205. The receipts of hullion for January account foot up $69,359..OveRMan rose to $84, and closed at $377. It is reported that a good supply of oro is on hand, and that both mills are kept running. The receipts so far upon January account aggregate $21,000. ..-Amapor (Cal.) advanced fo $260, on the 4th instant. Tbe reports from this mine are encouraging. A dividend of $6 per share is payable on tho 10th inst. The date for paying dividends has been changed from the 20th to the 10th of the month. Receipts of bullion for January amounted to $47,861, against $46,000 in December. Joel F. Lightner has been elected Sccretary of this company in place of Col. Bicknell, resigned, who, we uuderstand, will become connected with Mr. Downey’s bank at Los Angeles. Inprrtat—has hcen in moderate request, selling at $144@149 50, and closing at $138. The ageregate reccipts of bullion in January amounted to $46,728, against $44,288 in December.. .CHorrar-Porost has hcen inactive, realizing $167@171, then selliug at $163, and closing at $163. During the week eudiug January 29th, 919 tons of ore were extracted. The drift at 920 level, of the new works, is in 120 feet, and the drift west from the 1100 level is 64 feet long—-all made through porphyry. They have about 64 feet further to run before the west wall will be reached...Yretnow Jacner rose from $1,452 to $1,575, and closed at $1,580. It is believed that at the meetiug of the stockholders on the 5th iust. it will be decided to retain the office of the company at Virginia, and that the capital stock will ho changed from feet iuto shares. Oprxnir—advanced from $37 75 to $42 50, and closed at $43 50. On the 3d inst. the shaft was timbered to a depth of 712 feet, and the whole depth cxteuded nine feet further. Two more sets of timhers will be required in order to complete the sump, and this they expected to have finished at this date..Gonp Hinn Quartz shows a bullion yield of ‘86, 956 42 during the month of January. The amount reduced was 339 tons, equal to $20 52 per ton.. .Eurrxa, (Cau.) sold on the 30th ult. << $230. “The yield for January amounted to $36,210 23. Se anp Waite Pint Srace Conyections.—W. H. Cottrill, agent of the Austin division of the overland mail ronte, states that on and after Tuesday, February 9d, the overland stages will connect with the railroad at Elko, instead of Argenta, as now. The new route will follow tho road recently built from Elko to tho White Pine district, and will fall into the present route of the overland mail at Jacob’s Wells, some distance east of Austin. Until all arrangements ave perfected, the White Pine travel by Wells, Fargo & Co’s stages willcontinue to go by the way of Austin. Ar Vallejo and Benicia the toredo navalis (shipworm) cannotlive, the water being too fresh. SAVE YOUR EYESIGHT, by procuring a pair of C. Muller's famous Braziliau Pehble Spectacles. His place is at 205 Montgomery strect. MINING SHAREHOLDERS! DIRECTORY. (Complicd for every tssue, from advertisements in the Ahixing ano Soratinie Pexss and other San Fraucisco Journals.} somprising the Names of Companies, District or Connly o! Location; Amount aud date uf Assessment; Date of Meeting; Duy af Delinquent Sale; and Amount and Time of Payment vt Dividends. NAME, LOCATION, AMOUNT, AND DAY DAY DATE OF ASSESSMENT. DELINQUENT, OF SALE Amndor Co,, dividend, $¢ per share..fayable Dec. 19, 1868 Bacon, Storey co., Nev,, div. Payable June 19, 1868 Belcher, Storey co. Ney., Dee, 31, $25 Jun. 30—March 2 CGrewn Polnt, Storey co., Dee. 12. $7 50, oe 23—Feb. 15 Chalk Mountain, vada co., Jan. B, Feb. 15-—March 8* Chollar Potosi, dlv., $25. -Payable her 15, 1867 Crown os leadane $7.50 Payable Sept, 12, 1868 City BR. San Franelaco, Jan, 6,55, eb. U—March 6 Cherokee Mut ds Baits ao -Aunnal Meeting Feb. 6 Daney. Lyou cv. Nev , Jan. 9, §: Feb. 12—Marel 1 Eureka, dly. $5. Payable Nov, 20, 1268 Enipire M. & +Payabie May 15, 1857 Sold 1111 Cons, eae GMb 8. »Feb, 13—Mareh 1 Gould & Curry, div. Payaite May #5, 1867 Golden Charlot, Taine, “Aev., $2.50, Payalio san, 10 1869 Guld HIG M.& M—iividend, $7 50., Seas able July 13, }668 Ovlden Rule, Tuolumne co, dly, 50c a ‘gh. »+Payabiec Dee, 26° Mt. Tenabo, Lander co , Jan, 23, 75c.. March 6—Mareh 306 Hope Gravel, Nevadu eo, Jan, 11, $1. c Hale & Norcross, Puy $0. Dee. 12, $5, ale & Noreross, dly, $125.. 1XL, Alpino co, Jan ce $1.50. Tupetinl, Storey co. Ney., dly, dnun Bautista, Santa Cle co, No dulla, S.orey co, Nev,, $2.50, Keystone, Con-nlidated,.. »Special Meeting, Feb 13 Kentuck, dly., $20 per share. --+--Payabie Jan, 1, 1869 Moliuwk & Montrenl, Nevada co., Dee, 7, $3.Jan. 25—Feb. 9 Nerth Amer, Wood P. Co., Jan. 15, $1...Feb 18—Murch 8* North Str, dividend, $5. ayablo Ang. 15, 1868 Orlental, Slerra co., Jai, 4, $2. Feb, 5-Feb, 20 Peninsula, Storey co., Dec. 15, $10. Feb. 11—March 6 Puacliie Unussessable, iv. Pay ‘able June 18, 1868 Ruttleanake, Yuba co , Dec. 19, $7.50. Rippon, Alplne co., Oc. 15, Santiago, Sllver City, Savage, Virglila, Sand Spring Salt, dividend $ Payable Jan 6, 1869 Tallulah, Uninboldt co., Dec. 14, $17.60...Jan, 29—Feb, 27 Virginia & G.H Water Co.Diyldend, payable Nov. 20, 1863 Yellow Jacket, div., $100......0.-Payabic Jan. 15, 1869 4 . Sept 16, 1867 Feb. ‘7—March \7* Payablo June 20, 1868 . Sale Jan, 30 eb. 10— Feb. 27 Jan. 21—Feb, 18% j puis marked with an asterisk (*)are advertised In this jour Latest Stock Prices Bid and Asked.
8. F. STOCK AND EXCHANGE BOARD, FRIDAY Evexiwa, Se 5, 1869. Bid. MISCELLANEOUS STOCKS, Ashed, Oniled States Bonds, 5 a Le 68 f 82 Uiuted Stales Bonds, 6 1814 813g Bake Uniied States Bonds. 6. ae 181 82 8245 egal Tender Hotess 74 745g Ca ilornla State 96. 95 San Francisco eae 10s, 1851, _par dint, an Francisco Clty Bonds, 6s, 1855. an Francisco Clty and County Bonds, 63, Tass 85 a7% au Francisco School Bonds, 103, 186n.. i) an Francl:co School Bonds, ts, 1s6l. par & Ti an Francisco City and Uo. seh'l B'ds, ‘7s, i866. 90 eS an Prancisco Clty and Co. Bonds, is, "1862 . 85 89 San Franclaco City and Co. Bonds, 7s, 186. » 8g 89 an Francisco City and Go Bonds, 7s, 1805. 8714 89 an Francisco City and Co. dndg. 'Bds. 73, 1863, 873, 89 an Francisco clivend Co, Judg. Bus, 7s, 1803. 875% 89 acrainento City ond3. 25 = acramento Connie Bonds, 6 U5 = farysville J Bunds, 10: . 86 Stockton City Bonds. — 75 Yubu County Sonds, ss. I 1 Santa Clara County Bonds, 7: 15 77 Butte Connty Bonds, . Us, 1880. WwW 15 San Mateo County Bonds, 7s, A if BU. California Steain. Navigation t6% «673 Spring Valley Water Co . 6 09 State feiegraph Co. 26 —_ San Francisco Ons Co a7 — Sacramento Gas Co. 65 70 Sacramento palicy Ralire = = San Fra.cisco and Sun +o 4tl 45 Omnibus Railrogd, 7th — Central Agitinerxt hl) = North Beach and aud. 63 70 Front street, Mission ‘and rOuean Railroad i 12 BANKING INSTITUTIONS. Paelfic Bank ... 100 fhe Bank of Calitorma . 158 California, Loan and Savings Soclety = INSURANCE COMPANIES. Firemana! Fund Jnsttrance Co. 923g 94 Pacific Insurance for 1260127 San Francisco 1n — 1b Merchants! Stutwal Marine hi 500 520 California Insurance Co 21k lwo Uuion Insurance Co. en oe 93 tlome Mutual Insurance Co. » ig 20 Oceldental Insurance Co. re = National Insurance Co ie = Builders! Insuranco C ._o = MINING STOCKS—WASHOK DISTRICT. rie 593 60 32 324 27 24 4 805 33 34 Consolidated 4) =_ Chnliar-Pote: ye was ante. 2 a ExA 2 12000 a7 1B Ju8#g 50 _ 63 Gt 137 138 = 2 1B 15 Que 205 12 _ 2 2146 434 44 76 vid 10340 — 65 66 28 30 1575 = 1580 umted State: =a: Amador (California, 253 260 North Siar (Callfory = on Bureka (California) 220 _ Ne Soto (Humboldt) = 2 Golden Ruie, Califor 12 13 San Francisco. Market Rates, Wholesnte e Prices. Frinay, February 5, 1869, 5 2 35 Tea, Vs @b. 16 @ % Tho Greea... ou 125 ilaentinn Rice, net th, =1 hina Bice, F G6 @ 7 Coal OH, $ eal, 45 3 45 Candles, BD . 16 18 Raneh Butier, . an 55 Isthinns Rntier, ay th. 35 40 Cheese, We 3 15 20 45 & 12 13 R tf 16 6 @ & 6 @ Th a @ OR mM @ 2 3 @ 4 20. 2a 25 30 os 75 b = ams and ‘Bacon, % Db. i Cranberries, By gallon 5 I Bi ‘otatocs, 14g 2 Potatocs, be ech, ie 5 Tomatoes, a = Omang, 8 s = Apples, No. 1, B fb. 4 6 Pears, Table, 5 of Plunis, dried, @ Wb. Ww @ 12 Peaches, drie » Bb. Ww 12 Oranger, ® dozen . 75 — Lemons, # dozen Th = Chickens, apiece 60 Th Turkeys, # . 23 25, Soap, yard ado. q 2 Soap, Castile, RD. oo 20 San Francisco Metal Market, PRICKS FOR INVOICES, Jobbing prices rule from ten to fifteen per cent, higher than the follorcing quototiona, Fratpay, February 5, 1869. Tron.—Duty: Pig, $9 per ton; Rallroad, 6c #160 bs; Bar 1@14e B h; Sheet, pollshed, 8¢ # DB; common, l@le i Plate, 14¢ ® bh; Pipe, ize Bp; Galvanized, 23g¢ b, Sentch and English Pig fron Whito Pig @ to! i : pou Refined Bar, bad ‘assort Refined Bar, peod Est Elh Boller, No. Sheet, No. 14 10 20, Sheet, No. 24 to 27. RG Correr. —Duty: peeling, 3c BD Figand Bary Zhec Mb Sheathing, gn 26 Sheathing, ellow . = 2 Sheathlug, Old Yellow. — 10 Compeeiion ‘alls — ATKs.—Dnty: 2593 cent. ad val Plates, Charcoal, 1X, we . ce Plates, 1 C Charcoal. PrexeL.—English UES bS QuiekstLveR.—f tb Pig, Bb Me .—Shi Borax. e Californt New York Metal Market, [CORRECTED WEEKLY FROM THE AMERICAN ARTISAN. ] New Youu Crry, Jan. 16, 1869. IRON, Pig, Scotch, No. 1 (cash) i fiaitecs ae American, No. 1 (cash), swedish, ratte sizes Nailrods, B Spring. Tire.. Single . rs Montag: cc & Muchiiiery, round 3 — 1Dge — — flo. Gayle — 13 -Slister, warranted , -i7 -do. common.. —19 -— Jessop & Sans' common. -—V -Nouble refined.. — 645@—-— Stoue-axc shapes, — 2646 — — SUNDRIES. Solder, B tb. sr teeeeee — 2 Antimon. — 18 Spelter. —10 Copper, old —19 Brass, -il4 8, 0. Nuilsy roofihig. @ keg. do. do. tined, IN. Tin-plate, prime charcoal, BEE box Banen A tb COPPER, Sheathing, # ib.. Sheet.. Sewing Macninz Freper.—The patent held by A. B. Wilson for the ‘‘four-motion feed” used in all family sewing machines for feediug along the cloth, expired on the 19th of December last, and Commissioner Foote has refused to grant an extension. It is ascertained that the actual cost of manufacture of a good machine is only from $10 to $14, while the retail price is $60.—-Exchange. . TaerE never yet was a case of Dyspepsia too ‘obstinate to yield to the -persistent use of this pure vegetable tonic, Phanrarion Birrens. It gives a new_ impulse to the whole digestive apparatus. The stomach, reinvigorated hy its operation, rapidly turns to nourishment the food that would otherwise have lain for many hours 2 dead weight thero, the work of assimilation is duly performed, the sympathetie brain and nervous system recover their vigor and activity, the animal spirits improve, and the WHOLE BEING, corporeal and mental, is refreshed, strengthened and regulated. Such are the ef fects of this wholesome vegetable remedy, 2 once irresistible and harmless. ExportaTIon or Ores rrom Mrxico.— The last mail from the City of Mexico bronght news that on the 7th instant Congress ; finally passed, by a vote of 97 to 20, the bill which permits that all kinds of ores cau be exported free of duty. Fiour, Extra, ay bbl 5 @35 75 De, Supertine. % @475 Corn Meal, @ 100 @ 3 5) Wheat, #8 100 ths. @ 1 8 Oats, B 1U0 tbs. @ 2 25 Sarley, B 100 hs. @2 25 Seans, ¥ 100 lbs. @T7 50 pois a 1u0 tbs @ 90 tive oak. Wood, cord Beef, extra, tena 98 tb. 8 @ 10 pilcent ciel ee 8 Me iS 3 a OS, On foot, F G Hons, dressed, oh 7 @ 8 b aoe 1 jugar, enue eB ih a if Coffee, Costa Rie: a 8 Do. Rio — @ i