New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-11

already been found the latter calcnlation, Hatter
in as it mey appear. cannot be regarded as Ia the
least degree eX.ravnea1f ,,,,.
Tha sttent;o- Of miners hitherto has mostly
been directed TO the primitive mode oI ""S"-L5
gold from tee ear,h ard DO; IL tae use O. ~ te"i
uerF. sud hence few are as yet a"aFa oi nc u
porrauce OF this compeuy's possessions y dS.
rTe.s, however. tie tin pan and rocker VIII TALL
into cisuss-ant tue mining vii mostly Be Goa
Quoted by loutSt3ck companies yEJf.t 3'deAns y.
ana then RE monthly racS'prs e. Saif PEE tt.r 4.
laUtio StAttS ysi be great. Increase L. ana Al t.t
same tine iocs.:ouS Ike this wIil be tey apprt
csated.
Unlike manufacturing aod other pursuits Of in
dustrv this i business which il proEJ 1ble,p pays
It's way from day to day, producing CT once ~aAt
IS by Other means only acquired Indirectly. that
is to say, tue money itself, su advantage o. na
tr.f.uE consideration. and which VII. oa2Jle she
company to msae monthly dividends
Ii remains to add q remark as % tue title AatS
Is as perfect as it can be under the present state
OF things, or until the gogerRmeut shall confirm 1t.
It's p0ssessory only but cannot De disturbed or
disputed, except hy the government In Word
il is perfect, IS regards sl other parties The
general government requires Improvements to
ZEE made, and the resources 0. the mine TO be de
ve,ored and when it shall axe any action IN the
premises, mis- company w. have u comply VITA
tie terms which may be imposed and then title
VII be absolute
When this event shall occur. there will De no
estimating the value of the stock OF this Company
In pursuance Of Instructions, the Secretary has
again turned to New York, with q Vie" OF es.
tahlishing a permanent uiice in that CITY, ana o.
dispoz1ng Of a limited nun ocroi shares, In accord
anCe with ono o; the resolutions hereto appended
He also brings with him the means and author-
TT o5 paving q digticud q. 100 per cent. or S2aO
per share from the operations OF the present sea
sor beside which, ample provision has been made
for eli the expenses OF getting M the machinery,
in consequence whereof. all purchasers OF stock
are GSSpTcd that no calls or assessments VIII be
made upon them.
ASH may be some wcoks before suitable Of
fee can be procured it has been decided to name
the first day Of December for the payment OF the
dividends and when the Office shall be obtained,
which VIII he rs soon as possible, and OF WHICH
due notice by newspaper advertisements Will be
gwen to the public. the Secretary will proceed to
issue new stock to applicants, on the following
Ccndtions-viZ
fYrst-No individual allowed to purchase more
than leo shares.
Secona-Thc price to be 500 per share IN
yarably.
blein the City Of Newly ork
FouTfh-And $ far 5 it viii be possible TO con
troll the matter the stock will be alry distributed
among citizens OF the East and w est, the North
and South.
AS the stock VIII raplniy NaVahcc auoSc PH,' ~
soon MS that which is authorized by the Secretary
to be sold, sha be taken and it being no object OF
the Company to encourage speculation therein n it
is recommended to persons remote from the Gity
who NAV incline to purchase, that they send their
orders at an early day, through their correspondents
in die City Planters and others at the South, who
are at a distance from commercial towns, are adj
vsed to authorize heirloctors on the sea board TO
order such limited number OF shares rs they mo5
desire in the manner above stated.
The amount of stock to be sold is not large,
and it IS desirable to carry out the spirit of the
resolutions by diffusng. it as much as possible,
the object being to add by the sale thereof to the
character tue influence and the stability oil the
In conclusion, we have only to say, that there
is even less hazard in purchasing the new than
there was in taking the old stock, and that the
foregoing remarks are published with no intention
or desire Of raising expectations which may not
be even more than realized.
PHILO D, N1ICKLES, President
Jas DEGAYAN, Secretary