The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-05-26

The annexed letter from Mr.. John L. Mofst Of San
Francicc TO Mr. John Warwick gold rener Of this city
gives some valuable and interesting information relative
TO the shipping Of gold In quartz sand to New York.
Tor smelling and refining There is very little doubt but
that large shipments viii be made to this port that
purpose, from California and Australia
San FRAScisco. April II. 1852
DEAR Sir Your brother has arrived b, and have
to thank for the pamphlet giving general outline
Of the metallic productions the world and the graft
Tying intelligence that an extensive smelling and refining
company being established. somewhat the basis
that was proposed before left New York. II Is miter
OF surprise that II has net before occurred to the
trade generally that by thus uniting and becoming par
ticipaiors in the profit be derived from smelling
refining their &c, they could that which
goes the hands of private aud is not
even properly done in that way have had ever since
arrived here, the object OF finding of gold gold
sand that would pay for shipping home - smelt. The
Gold I'LL Mining Company sent to London by Mr. Gather
wood forty tons of quartz rock and the newspapers
inform US that the picked specimens yielded at the
OF $50 600 per ton ana that the rock in which gold
was not visible yielded $500 per ton may have it in
my to ship to you about hundred black
sand that viii pay from Zoe to 81 per pound aud think
les than 500 per ton will land at the door your
furnace If you find it convenient aud feel free to
do SO you will obige by sending statement of the
cost OF smelling ores or quartz black sand that will
yield say SlO0 $500 $780, and So 900 per ton
that may be able to satisfy inquiries here
that DESTROYS of gaining information and am salts
ned that there enough ready If they satisfied
will pay TO ship enough to keep your company fully
pioycd from this source alone. trust there will be
much disappointed If do not hear from you that
II is in full and successful operation perusa Of the
pamphlet you sent me, even by persons totally
Qusinted fore with such matters must convince them
OF the actual necessity for such organization 1t need
not be confined to gold and silvcr-and why? With
mineral resources exceeding any other country in the
world. should we be dependent upon Wales or Swan
sea for that which be done well If not better,
here! New York has been denied mint; why not turn
this company into substitute and by strict aten-
ton and careful and correct assays establish the
reputation of your stamp" that the bullion Marked
will pass current the coin of this any other GO
vernmcnt? There is mystery in the business it only
requires energy and care
All that the writer of this letter describes and anci
pat.s will be realized The company alluded to will
ben operation and in few years it will without doubt,
be Of the most extensive establishments of the kind
in the world The company will commence with a capt.
tai of one hundred thousand dollars with power to in
crease it to million, If necessary. There is no limit
to the operations of such company properly organized
and conducted and regards its producveness it must
be equal to any investment in the country From what
learn the right kind of have hold Of this az
fair and they will give it character and standing from
the start that will command the confidence of miners
and dealers in bullion throughout the world