The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-07-15
The Gold Region Of Cslifernie'
TO THE uDITOR OF TEE RxkALp'
NJ Youw July 10. 1851


NEW YoxK, July 10, 1895.
Al you have opensd YOUR columns 70 eorrss-
pondsnts from our mining districts. ana N sun
days issue . letter from Austin, Nevsss' unoss
the head Of 1.-THE Gold Region OF Nsvsds'" mas
caused some discussion In mining circles, would
like to say few words towards correcting faiss
impression in regard to the gold and silver mines
Of the Pacific coast, and particularly the error. so
prevalent of looking to fields that seem % green
or The riohness Of the Austin mines no one who
has made examination can doubt; but the point
that is in most cases overlooked by investors ID the
cost of labor material, management, ana the iacu'
Most California miners now understand this.
They hold and work the mines nearest the coast,
leaving spectators to operate with those far In
the interior and those are, II possible, put on the
Eastern market, and parties misled, not by mis-
representation in regard to richness Of the rock,
but from the fact that they are kept in ignorance
of the cost Of working.
men poor compliment, and his statement should
apply to purchasers who 60 out consigned to par
ties in interest. He says tho scientific men are
hurried OF TO the mines that are offered for sale
and are excluded from visiting others.
Prof. Silliman, In making his tour through that
country, visited and examined mines without solici
tation, and of which he has madeno report.
Prof. Kustel. of Dayton, Nevada, although en-
try; 10 familiar with the mines of all the coast, as
well as those Of Arizona, Mexico and South
America. His reports are without prejudice, and
in all cases he gives his correspondents important
facts relating to the cost Of mining and milling.
DR.. Jackson also, though engaged by company
of Bostonians to report on special claims, has
spent time and posted himself veil on the silver
bearing veins.
the Sierras should advise with scientific men Of ex-
perience in that country.
Referring again to the cost Of working mines near
the coast, as compared with those at distance.
yield from twelve to twenty dollars per ton, find
ready purchasers at full prices, and they are the
best property 80 held by Californians, who invest
for dividends, simply because the ores require
no elaborate treatment, cost OF transp9rta-
and cheap, and the management Inexpensive.
Competent superintendent can be employed at
moderate salary, as they can live and enjoy the
comforts of home at the mines. A more delgnt-
full country or climate does not exist than may be
found in the range of the gold mines from Sonora,
Tuolumne county, north through Grass valley TO
the Yuba river.
Some Of the best paying companies in the world
are in California, and work on gold bearing quartz
that pays from twelve to fifteen dollars per ton.
These mines are known to the few; the public do
not hear of them. The stock is not for sale. l
have spent most of two years in the examination
of the Pacific mines, and / have most unbounded
faith in their permanancy. Large profits will re-
suit from welt directed capital.
! do not like to see one-Hded statements
Stopping in San Francisco one can meet parties
arriving by each steamer, some consigned to
Austin, others to Of the various new localities
where lodges have been discovered, and they are
able to get claims at low figures; 30, making
large advance in case of sale, they pass over
the country, where every opportunity can be had
for legitimate mining, without even halt at the
thousands of quartz mills by the way. The works
have not cost millions Of dollars. Eastern specu-
lators have not control Of such property.
The little ten stamp mill, cleaning up ten to If.
teen thousand dollars each month, the company
working on q capital Of forty or fifty thousand
dollars and dividing one hundred per cent per an.
mum, 10 too small an affair for speculation. p.