The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-06-10

very quiet without change In prices bAnk socka Are
occasionally sold in small lets; but these securities
nuctuste osly Eghtly have No variation frsu pre-
vious quotations 10 report.
Tho sales at the Mining Board to day were ~ follows
100 shares Ulster Lad
1900 DO North Carolin. Copper, boo ............ls
II do American Mining ..ol
100 do Lake Superior and Co. .......-4I
500 DO Mccullough Gold
leo do Hiwasais Copper boo. ...................Sh
The East River Fire Insurance Company have declared
dividend of six per cent the Cheshire Railroad CON-
papy tive dollars per share.
The earnings Of the Norwich and Worcester Railroad
Company for the month Of May. 1863 amounted to
SIS o. against SCI AS "a for tho same month last
yesr showing increase Of 50 7Os for the month this
yesr beirg about seventeen per cent.
During the past year, the Portsmouth, Saco and Port
land Railroad Company have paid two regular dividends
Of three per cent ssch and fund Of
Thousand dollars
bill pamed the legislature Of Massachusetts, ct the
last session. prohibiting the receiving passing Of tbs
fractional bills issued by the banks Of Rhode Island
fine Of s25 will be inflicted any detected in recev
ing pasaDg such bills. The law will go into force
the oath Of juno.
Tho North American Fire Insurance Company Of this
city have declared . dividend Of ton psr cent
The annual meeting Of the Rutland and Burlington
Railroad held at Bellows Falls, yesterday. The
ngs Of the year ending May 81 $4s6 S9T As sxpsn
diurss 1928 sSs 49, net income expenses $2es
PA gain Of sixty per cent last year. The cost Of
the read far has been 1885, The bonded debt
$242s, 1oo capital stock, $23s7, s00 floating debt
sl85,46s
machine for crushing and extracting geld from quastz
han usually alot to similar inventions The
is obvious The most notable feature in the commercial
world to day the production Of unheard OF quantities
and the discoveries Of ncaculSSe amounts Of the
precious metal imbeddsd In quarts Every wis
knows anything about gold mining Is that
chine has yet been employed that entirely exhausts the
quartz In Calforna and elsewhere hundreds Of toms Of
stangs" are cait aside daily refuse though their
well that they contain gold in very
considerable quantities The problem therefore, which
every gold miner has constantly present to his mind s
how to contrivs machine that viii thoroughly
haus the quarts to leave Of the precious metals
In the 'taings" Its importance hardly be over
estimated. We're such machine invented and applied
to the quartz in California it Is within the bounds
Of possibility that receipts Of gold would bs doubled
We looked therefore, with interest to the trial
experiments Of the machine for which Mr. Berdan has
taken out patent. Through the kindness Of : friend
obtained few BRIEF superficial memoranda OF their
results and the report of the committee appointed TO
perintend them. Memoranda and report wore beth Il
vorabls to the machine Shortly after they appeared
reached u.s. tending to doubts both
on correctness OF the conclusions to which the
mittee had come and the merits Of tho invocation.
We received, among others, . letter from Mr. G. o.
Baker, stating dincty that tbs amAlgamator had not
reached Gold Hill C., by lat June; Whereas the
authority OF the same gentleman who had furnished
the previous information, had given insertion to the
that it working at Gold Hill before that
Al:-
published yesterday, that Mr. Baker to Gold
Hill at all and further that he ID the agent OF rival
machine We obtained also the testimony of
several gentlemen Of questionable versciy establishing
the fact that the machine working At Gold Hill before
LIST june and that certain parties interested salts
fed Herewith Mr. G. O. Baker has rejoined In letter
before He reiterAtes his former structures
the machine; but bound to say that he neither
excupatss himself satisfactorily from the charge Of viii
fully misstang the fact with regard TO the working Of
Berdan's orusher LIST June accounts for his d.
encs In his first letter with regard TO his interest In
rival machine Thus the matter rests and leave the
public to decide between the ccntsnding parties We
afford more space to inquiries Into Mr. Bakers
veracity or Mr. Berdan's assertions.
The main question yet remains undecided In many
minds-win Bsrdan's machine extract from the quarts
al the gold gold than any other, Fit viii not
will CoshIans's, Will Gsrdinsr'si We shsll DO happy
to attend fair honest experiment of any. and the
result. whatever It may be. Till such experiment
Ia made We have said enough on the subject
The Bankers Magazine gives the annexed exhibit
Of the movement Of the PennsylvaniA banks at three
peods since the discovery Of the gold mines in California