New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-17
financial.

GRASS VALLEY GOLD MINING
~ COMPANY CAPITAL ONE HUNDRED
THOUSAND DOLLARS.-Located nj CsntrsvIle, Ne
vada Co, Caiforna.-The undersigned, IN behalf otaa
above Company bees to inform stockholders and the psA
lie that the object Of his mission nearly accompanied
that machinery for crushing quartz Is now heiag maaafsc
tured at the Archmedes Works Of II. r. Durham c.,
Of this CITY including engine OF the capacity Of artJ
horse power the whole to be completed and ready f
shipment about the 10th Of January
In order fully meet all expenses OF purchase. freight
and transportation Of machinery to the Mines and Tor the
erection of buildings. mill, &C., in connections viii
the quartz crushing Il has been determined to increase the
subscription the csr stock up TO forty thousand DID,
lars-whioh additional amount will give greater yslasa
the entire stock BY increasing the power and ecesYa
the works. and their consequent proit
The machinery, which promised should be the mss
powerful ever buit in this country Tor indeed Eursp.J
proves be OF far g.eaor capacity than tina nvsass
manufacture believed The following letter will she's
20 the stockholders that instead Of capacity for pulve
,gns 100 tons fcr Roy, n reed be. rHE MACHINE wilL
OPERATE UPON MORE THAN DOUBLE THAT QUANrfrr
NEw- YORK. Dec 10. is5i
J WMcHF>rrR ESQ. hre, ST. Your favor Of yostersv
a. hand contents noted Herewith find what suppose
Is wanted bv brief descnpten ui the machinery ~
Cranes Crusher 49, o. all ncn,rg vet coHstruef'a ~ es
opsnOn ths rapt aud sctHf H as operation l. Goa
ss Of double grooyed bed Of csrOn the outer groove
being - the nntr OIe II fee IN dianser. IN Which
moves wheel feet inches IN diameter. With PLAZA
reyolyed BY shan through u center. the sner esd
which hss ssquare eye that receives vertical shaf o.
the head OF the vertical shat aoed tooth Wheel with
hard face which driven b. another on the oud OF saaa
projecting outward beyond e eose OF the bsd and who're
the power applies that sets this whole m motion.
We think athirty horse power engine Will aRisp TO
FLOUR TUN or QUARTZ ~ FIVE MINUTES Aas We
further thsk there will be- necessity to stop tho
oue TO clear the grooves Let them M ans heeo esdss
the machine VITA Jumps the hour dust will overflow The
r and be discharged ia troughs prepared too tbs par
pose The dragging Of the outer wheel OF face sudeits
asfstS the operation OF crushing, by the cthns u0soa
At all times fas
wheel ghs 5000 pounds, aid from what "ss awhe
oos srs & n.rt,ct ease UoSpr the sboys NAV pwy.
useful. We rsna,a, fsuIs rec pec.uy
h DUNHAh co AIchimedes WORKS
In reference the amount Of power required 20 operate
Capt Grams Patent Crusher We give the following ffsn
the manufacturer
"A steam engine with cylinder IL inches tsmeter a.!
fur feet slroke. win four boilers. each 50 fse. loas
inches dIaTeter having TWO hucs through saeh
engine warranted by 10 operate the Quartz Crushsr
least five revolutions per minute and 10 addition thefsss
DIVE upnght for saving logs or boards OF iMss
size and width We have previously stated tha' ~ su
Opmon, Capt Grams machine will grind and puNenfe
-four tun Of quartz IN ave minutes. aud coataus
that rate To grind all day dschaETg Itself AS tns aW
H'".S ly ~ es as shsn 4 'f DoS%Is
New-York. Dec &c. 1851 Archimedes Works
The plan OF operations Il the Grsss Valley Gold Mn
Company the character Of those whs costrol It's con
integrity and efficiency places u entirely tb,s
a. suspicion OF su mo II s Director: 90
dividend Of 500 per cent upon 10 capital yet the pre-
scented Of The average Yield OF the ofe TO be opsrsed nyoA
In connection with tho Tremendous power OF the machias'
~ will enable any to Judge what reasonably he ef-
peCed II mills eTushsg 10 tuns In q hours can make
profit Of 81 eco per day 100000 per annum which
less than fact crushing 100 per dag make
600 per AMMAN These are hgh figures. We Or.
sre snd only 30 cent per annnm can be- made instsA
OF will be the best paying stock In the Uaon or the
world
The following article from The We,kiy Tribune Of Dee
written ~ H. GREELEY, Esq. Is referred to as comps
tent te-Iuony to tho claim 81 this Company % psbis
QUARrz .MrS,So-Mr; Wiuehsster', Eate,pr.n.-ws
have received many letters than we can ind tmsH
answer asking US for information as TO Mr. WHO'S
tels' Quartz MIRns ente TpIlse-hs integrity capsnH
kc aud whether ws consider hs stock safe iavesmmt
&c Instead Of writing ilty or sisy different letters, %
prefer o. say here. for all that have ssch cssi
cence Mr. Winchester that 'hs put what msnsy "
have TO spare into his Company, partly because We m
ANXIOUS for his Success and partly because ws consider
whlc promises liberal. perhaps bounn
full 10 the stockholders. But we do not cossss
any Mining enterprise rate IN the same sesss tna. OS
tee States Stocks first class Bond and Mortgage nv
Oh the contrary we erpect run risks th.e.s
and n our money lost. We shall not cry about ~
confdt Mt hat Will not be los, through any wantsi ha"
- on the par. Of Mr. Winchester -
~ Subscriptions to the Capital Stock lat 500 Per nh
WI continue u be received until the hrss Of Feoigu
tiors for scck alter the books sIe closed wall hsvsm
funds returned The machinery Is expected 70 snw
San Francisco by the LIST OF June and be 10 opeIsnea
the month u August II 60. Il probable dvidsaa v"
be declared on the LIST Of December next.
~ Pamphlets containing the Charter eIH i,,.. ~
the law Of California and other valuable infornhin "
tending 10 forty psges) now ready and vti " w,
warded to all postpaid orders Enclosing two mree %"
NofIcE-in consequence Of the necessity Of remsisz
In New-yori TIL the msch,nery shall DO com2eNa
shPSsd she qndsIsnso W., ~, Roat. o vsaS
bi, Address for stock, Enclosing drafts on New Van
or PHILADELPHIA or sa4S ,sts o. Tr1sr P1s.Sss ss
lo7 Fulton ct NJ
P.s-A model Of Grants Patent Quartz crS..sr ~
be sen al the Office Of the Company's Agsney Im ~
ton ~. u""o"~