The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-02-19

entire community. Instead Of the question How Is
~ your nestn :" and . What Is the news ~ waich all
1ankeedom propounds when meeting q friend. the
only INQUIRY nov s What do you think of the sck
ssnd rom GOLD slun =, Promthe male gold seekers,
population, and We yesterday heard one little woman
urging her husband to engage in tho enterprise snd
coffee at breakfast estimates Of incom parable msgni
tuds are made At dinner and dresNsd OF at night
And what has caused - II this csmmotion WIN
company chartered the Chesapeake, went up ts
which appear to be exceedingly rich glttering ore
company, connsting Of some thirty persons was
immediately formed books op.nsd, and : few shares,
only all the stockholders would consent to dispose
were put In the market and up they went, like a
oth!ballooni asted with gas The condescenson
Of the shareholders In permitting few others pay
their hundred dollars each for an interest In the
treasures which were to make them ell Rothchiids
The stock was divided into i2Soo shares Of 800
each, and 1000 shares thrown into the market,
for which the original holders expect to realize
0o0s very small pensstiou for division Of their
prospective wealth. The sand display ed through
out yesterday in all its richness and berless
the erican eagles that changed hands at Kendig
and w ainwriRht's Tho entire rtore had the appear
ance OF mass meeting The result will be, OF ooure
humbug as is not unlikely the original stockholders
about thirty in number, will take the proceeds OF
eleven thousand shsres while those who make up the
aggregate OF 100000 in cash against the fictitious
capital OF the others will receive dividend upon one
thoutsnd shares The proportion is about as a bat
nll OF sand Tor the latter to ship load for the former
When division Is made, would not disposed to
give si2sable bundle OF " old exchanges for the
proceeds which fall to the g.ntemt who put the cash
into the pockets OF the benevolent thirty citizens
There may be. and undoubtedly is, in m@nse deal
of black sand at old Bluff enough to load oil the
ships in the world unless the bottom Of the earth
should fall through int China but the richness of it
all is q matter OF extreme doubt. But, as thoss
gagged in the speculation have come to California for
tho purpose OF making pile there is probably as
little to their plishng their object by
each share as in any other way The loss then falls
lightly on each and can te stood without caving in
steck? La.t call gentlemen; only ons hundred dol
lars each and II it's not all right wen make 1t ri ight
in the SPRING
from the San Francisco Balance, Jan Is
That on the line OF the coast from rs mile, north OF
Trinidad to miles south Of the Klamath river there
is very rich deposit Of gold in scales inermixsd with
black sand beyond dispute. The gold bssrins range
Of the interior here strikes the ocean and rinnny
down to line OF bluffs fron 100 TO Go feet high
or less nrecptous skirts he coast for nearly ten
miles These the ebrated gold bluffs Old father
Neptune mere carries on gold wa hing operation on
his own account, precisely on the principle OF the
waves .bb and dow they wssh ou, the blun carving
back into the sea s the lighter sand gravel Sc and
leaving behind On the beach the heavy BLACK sand,
Occasionally after storm, the black sand is buried
under aiort oftop dressing of ,and throw by
the sta; on removing which. to a slight depth the
black gold bearing sand Is shown. a. b-tore
The very rieheN portion of this dspos, Is confined
about miles ore the ,aud is ali more or les,
abeundipg In gold We have been shown o1s 81 m pie
Whicn Ne are Maureu mas yielded Nualy at the
rate OF Elk dollars to the pound which OF
course. to be a very favorable specimen The NOR,
sang uine members of the Pacific Mining COMPANY arc
confident that the poorest sand will yield from
tive csDts 10 dollar and twenty Eve pound
for all which estimates we wish to be in way
sponsols although the company is giving the b.ss
evidence OF IT'S faith in them by IT. .xp-nditures in
the enterprizr-.he purchase OF the steamer ch.sa-
peake. &C.
That tho gold exists all along the coast The foot
OF the bluffs and in grest abundance seems to bs Ia
dispufsb.s
10 In at in ahl
affair entirely. The ordinsry Methods 10y wash OF,
winnownc &c OF tepsrating tbe gold fro,u tn. sand
in wbicht Ia found tail In this black nd
ing nearly or quite a. heavy the scales o: gold ~hc
1t eontsins We presume thai there Is within th-
sources OF modern 'cieucs ds ~ Obtaining the gold
spicker ef this city hss tn. sesret ana ha. hal II in
successful operation We believe l. IL no. IN the
exclusive possecsion OF the paci6c diniuT Company
whether this any other possihlr made of seostst.
ing the gold Let going Ia coat gsod dsl th
10 comes TO L. OF course the point hich
depends II the gold can BE- obtained NJ such
win 10. We fair marin Ter profit th~u th- d.posit At
the Geld Bluffs IL immensely rirh. n not, /, is
worthl''s The psin. IL to " lie csd tha .xpEuse
Of th.te VITO make the trial
What is entirely e,rtsin is, that indiv iud effort
will be merely throwu away Comp.ri.. r ,uavls
etBized ~fh proper apparatus 80. may y. sols 70
work the deposit probably In9iyilnals in .he o..
ture ot thines cannot Iii. beside, an In
sud tsvsge ooa.t and even compsn'rs Who 20 tist,
sbcu'a b" provided with ample m.an far wtnt .rins
comfortably This l. ail We knos b-i W abIrt ne
Gold Rluas, Rad frs;crs must take At 10, that
IL iswuih
scene ~ San .Sosr hciyyreo Mc.-is Brodcriok
and stoore.
san Jose Letter. j an 10