The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-16
mia, 1854 Arsund this it is engine turned. /

claims to be Se4 thous. fine.
Unless the price OF dust falls below the present
market value or the charges of coming reduced
from q per cent, there il no prospect Of large
issue Of these new ngots from the Assay Office.
The necessities of some parties may make il for
their advantage TO have the new coin, although
suffering loss their dust. This would be in
limited quantities, however; and the amounts j.
sued in January, from the assay office of Wass,
Molitor and Co., who have now stopped coming,
proves our assumption to be correct.
The coinage OF Wass. Molitor IL Co, for the month
Of January. was Sl50,0O0. Within the time,
Messrs. Mofat & Co. have issued, of their private
coinage, SO pieces, about 800, 600.
In San Francisco, Sacramento. Stockton, and
Marysville. dust may be quoted at $l74 per ounce,
paid by the bankers-the merchants as usual, paying
$l7 90 per ounce.
silver amagam, and gold dust with spelter inter
mixed In relation to the amalgam a number Of
lots have lately been sold containing when assayed.
only TBS thousandths of gold, and such quantity OF
base metal as to give suspicion OF fraud: 72 thou
sandths is only Sl5 per ounce after melting. In
melting, quicksilver amalgam loses from three per
cent to twelve per cent, depending the process OF
preparing it for SALE The most simple manner il
squeezing the quicksilver through rag: and pieces
prepared in this way frequently brough: to mar
ket, even showing the marks of the cloth
Referring is the only process by which the 4ncls-
silver can be thoroughly driven off; but in preparing
Tor sale by the ounce, the temptation is strong TO
allow the poorer metal to remain.
Several lots OF dust mixed with a small per cent
age OF speter, have been offered at our bank coun-
tiers within few days An expert buyer can. how
ever always detect it by its color and shape
The gold from different sections of California diff
fers in fneness. The best comes FROM the Yuba
river--the poorest from the quartz mines. The
greatest loss from melting is on coyote dust from
Nevada, and the most silver is contained in the
gold from Tuolumnc. OF this last fact we are not
quite certain, although we have returns from
the mint, OF clean fake gold from Tuolumne, that
only yielded $l6 per ounce.
| We would caution our friends away from Cali
forna, to look doubttully the letters from this
country. mentioning our quartz mines in eNtrava-
CANT prase--of their great yield-and of the for
tunes being made and likely TO be made in them /;
indeed, unless person is living in the immediate
vicinity OF the works to see for himself his money
Is safer in his pocket than in experue uting in
quartz. 10 this fact many Of our citizens can
testify.
Purchasers of exchange are cautioned against the
chances OF protested paper coming back to them,
because the drafts via Nicaragua anticipate the dust.
and the drawee may refuse acceptance for want Of
funds. lnasmuch large portion of the bills of
exchange go forward via San Juan del Sud- as the
opposition steamer usually leaves after the regular
mail, 1t behooyes buyers TO be cautious and have
only first class bstor the standing Of most strictly
California houses cannot be said to be A ] in New
York city. Of the one and one half million shipped
per the Tennessee, one million was probably ON ac-
count of exchange, one half which-$500, 000-found
its way home in anticipation of the dust.
The new route to New York seems growing in
favor for the transportation OF treasure The Pa
W.
We perceive one of our largest banking houses
shipped sos 000--the reason which induced them
to do SO is impossible to get at, because such as
they do not need to make shipment purposely to
| cover the amount of exchange which might happen
| to 20 that way. We have no doubt that when the
rates of insurance via Nicaragua shall be reduced to
fair price. some considerable treasure will 90 for
ward by that route. The company depend on the
| prestige OF q few days quicker trip. and, az our
| nation goes for speed, We may see strong opio-
| sition.
VALUE OF GOLD AND SILVER.
Gold dust, STA to Sl71a per ounce.
Quicksilver amalgum SIC to $40 rs per
MoIat Co., and Wass, MoIitor Il Cos private coin.
par.
Dollars (hexcan) per cent premium
Spanish ounces per cent premium over SIG
Other ounces SO each.
FREIGHrs.
On gold dust 10 Panama. y per cent
For transportation over the Ishmus. - per cent.
Freight from Chagres TO New York. per cent.
Freight from Panama TO London, is per cent.
INSURANCE 70 NEW YORK Or LONDON.
From 2per cent TO per cent, depending amount.
by Adams Go. Express. through to London or New
York. and delivered per cent, including insurance. On
any amount over 81 Goo
| The Fugitive Slave Law In the California
| Legislature.
In the California Assembly on the 5th Of Feb a
bill was reported entitled An MI RESPECTING i,gi
tives from labor. and slaves brpught to this State
prior to her admission into ti,s islsn." One section
caused considerable debate. n wa Az folows:-
See Any person persons h@1 ~ Essor service in
any state territory ~ the United States by the laws
such state territory and who Brought or intro
duccd within the limits Of this State pr, you the
mission Of this state one ri the United States of
America and who shall refuse return to the state or
territory or they owed such labor or service
upon the demand Of the persons his their
agent or attorney to whom such service labor
such person or persons refusing to return shall b held
and deemed fugitives from labor within the meaning Of
this act and all the remedies rights and provisions herein
given to claimants of fugityes who escape from any other
state into this state hereby given. and conferred
npon claimants offugtives from labor within the
/ ing Of this section
Mr.. ELLIS. Of Nevada, cortcnded that the effect Of
this section would be to establish state of slavery
in California for unlimited number of years; that
1t would hold persons to labor who are not .fugi-
| tives,' within the meaning of the act. He opposed
1t in an argument Of great ingenuity and effect. He
1 was answered by Mr.. Peachy Of San Francisco and
by Mr.. Hammond (he Speaker), from San joaquin.
motion was made to strike out the fourth section,
! but disagreed to without division.
Mr.. lNGERsoI.L introduced duplicate Of the bill
, introduced in the Senate by Mr.. Cook. being bill
10 amend the act to fund the debt of the State. Ii
requires that all scrip issued for civil services pre-
yious to january /, 1853. shall be funded provided
the whole amount OF the funded debt shall not ex-
coed 100000
A Communication was laid before the Senate from
the Recorder Of I'll Dorado county, stating that V.
Daniels, late Judge Of that county, had absconded
from the State after drawing 81 800, in advance for
salary; The case was referred for investigation.
In the California Assembly, Feb 10, Mr.. Peachy
presented a memorial from number Of farmers or
planters of South Carolina and Florida asking the
privilege to bring their families and coored domcs-
tics into this State, and that they may be protected
in their property The memorial was referred 10 n
Committee Oh Federal Relations.
Birth, Marriages and Deaths In California.
BIRTH.
AT SAN Francisco on Sunday sh instant The lady Of
=. II. Boyd. Of a daughter
MARRIED.
At San Francisco, Feb 18th. by orrn Bailey Eso Mr.
John Peter Schafer to Miss Marie Casen
In Nicolaus. ON the 18th January by Rev. " STRAIT
ton. Mr. Hiram r. Hawkins of Auburn Miss Eliza b.
Ecklcs Of Ncolaus. late of Evans. Indiana.
On the 9th February, Martinez Contra coun-
ty by b. r. Holiday, ESD. Daniel X Berry Esq. ~
suisun to Miss Mary Elizabeth eldest daughter q 1c
Estiss Of Contra Costa
On the 4th February at the residence OF the xids's
father by the Rev Father A. Langlois MIR John WasN
81 San frarcsco and Donna Marie Conception Arcadia
Estudo second daughter of Don Jose joaquin Estudlo
Of San Loandro. Contra Costa.
At Fan Francisco. ON Fobruarv NV Tho Dcv A