The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1851-11-25

cleared out) wonj have Welded about TIRE
pounds more. The product was thus nearly te,
pounds. ia as many hours, the ore crushed aDt
washed being l9l tuns, giving over ssl00 dollar
per inn, or five centsler pound Let me here
add lha, samples Of pulverized and washed rock
from which all the gold has been tnken iha
could he extracted by the present machinery
has since been liied by fre in San Francisco
and found 10 yield az the rate OF ninety dollar.
per iuR additional. The mill Of which speak
was erecled by Capt. Peck. Of San Francisco
| under The sUperinteDdeDcc Of w. u. King
Esq, for long time ongaeed in the Virginia
Quartz Mines--l believe those Of Com. Stock
ton. Ii is owned by The Gold Hill Quadz
Mining Company of whchCspt. Bissel. late
or nov of the Pacific Mail Steamship Compa-
ny, is President. Stock in this Company Is
un0btainabe al any price.
| In my private correspondence from Calfor-
| MIA by the mail which arrived on Saturday am
but in possession of additional facts touching
the enormous product of Cspt. Peck's mill, up
to near the middle of September. quote as
follows from letter dated the 18th of Scptom-
Der. at San Francisco:
have beenlto Nevada, and have just return
cd. 1.-The quartz mining is attracting general
attention among our capitalists. Capt. Peck's
mill gives him net profit of one hundred dol.
lars per hour. His receipts in one day, while
was there, were three hundred and secenty- t,co
ounces! saw il weighed. 10 made those who
had no interest in quartz mining crazy to buy
iulo some good company"
Let me inquire of capitalists of New York,
whether they consider an investmentin aouartz
mill that produces from tveiUe tC thirty pounds
of gold in each twenty -four hours. from forty
tuns OF ore.i is any better than bond and mort
gage at seven per cent per onhum, or shaving
notes at two per cent a month? And yet the
above magnificent results of the first introduce
ton of heavy machinery, in the very infancy of
the business, attest its capacity TO pay good
round profits When some scientific man dis
covers a process by which all the gold known to
he contained in the ore. can be gathered, Qess
than hafs now obtained in most cases,) think |
the of high figure that must be reached in vein |
mininei
Doesi the reader ask If the gold bearing |
quartz is sufficiently abundant and rich TO con-
tinue this product for any considerable period
VI time! venture the opinion. founded ON
long residence and extensive travels in the
mineral districts. that a thousand mills, in |
thousand years cannot exhaust the supply Of ore.
In closing 1 would take the occasion to say a
word about the Rocky Bar Compuny" the
,nly ono that has offered stock in this market.
Before leaving California received many let
ers from this City. Philadelphia and other
places. inqniriug ii it vas, or was not, a cheat
nd humbug. Similar inquiries have been
,ropoundc6 siuce my return, by my friends.
showing that my means ofinformaticn on min
ug matters were ample. Of the claims of
his Company at Rocky Bar, on the Middle
Fork of the American River, know nothing
rom personal examination. This | know,
lowever that Rocky Bar is situated in the
'dst of one of the ichest mineral districts of
he State. No stroam in California mas yield
d more gold than the American River and its
'orks. nor has any other been more steadily
'orked since, on the South Fork of this river, ,
old was FIRST discovered in May, lSI6 The ,
company, short time since, owing probably ,
D tho superior facilities of transportation. and
De abundance of The finest timber at Grass Val .
~, purchased valuable "cams'' on Mas-achu-
etts Hill from which, Immediately adjoiningl
)ine as rich orc has been raised as ever was
eeh IN tho township Here, | was told by
no oltbe directors in San Francisco. their
ew and powerful machinery was to be sot up
Whatever former location may be, the fact that 4
lelr operations arc to be commenced on the ~
ch ores of Nevada County, stamps the stock o
} highly valuable: and no doubt can bo enter. &
lined that magnificent dividends will be made y
1852. have seen and carefully examined a
] the kinds ofmachinery now beiog introduced a
TO The quartz mining business, and am able to /
y thht tHc ilill VI tuc lNochy DIT company ~
equal to any yet manufactured for its power u
I'd adaptability to accomplish the object pro- y
,scd e,
There are now about eight mills in success i
] operation in and near the village of Center T
lie. in Grass Valley township Many others G,
@ in process of erection at the same locality Il
ID still others in various parts OF Nevada Coun ol
Centervili, is already n thriving village Of ci
500 TO 1000 inhabitants, with some good /,
vengs. hotels, stores, markets, &c., and ht
w-mill in active operation, turning out 6,0O0 h'
ot oflnmber per day, which finds ready sale at p;
IS per thousand. hi
! brought with me a small quantity of the or da
lary quariz ore, from Grass Valley, in which an
gold can be seon by tho naked eye. Por- hs
Ms of this will DO tested here and those in
-ested can see rock at No. l0S Fulton st III
cond story, whore | am at present staying, on
where shall choerfully give any gentle. 10
IN whatever information am ablo on this or ne
snbiec, relating to the state of things in the Of
Id State. ], WINCHESTER lei
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