The Placer herald., 1866-06-02
The New Iron Works.

The Pacific Rolling Mill Company filed
their certificate of Incorporation few weeks
ago, and note was made Of it at the time
in the Bulletin. The Company propose to
start with an available capital Of 81 100000
divided among some Of the heaviest capital.
lists in the city and State. The plan is suffi
ciently matured TO make it certain that it
embraces the largest manufacturing enter
prise ever undertaken on the Pacific coast.
The iron works are to be erected upon
scale sufficiently comprehensive to meet the
great and growing demand for the working
Of wrought iron in all its branches here. A
large quantity Of scrap iron is constantly
accommodating, which is either lost or shipped
out Of the country, all of which will find
ready sale at this mill and can be worked
into all sorts of merchantable iron. Besides
complete works for the manufacture of bar
iron of all sizes, sheet iron, round iron and
shafts Of the largest kind, as we'll also as
nails and spikes, the Company will have
complete facilities for turning out railroad
iron on an extensive scale. Before the expi'
ration Of five years large amount of rails
will need re,roIling, and mill for this work
is now wanted. The rails must either be
sent out Of the country or worked over
here. An immense item in freight alone
will thus be saved. There are also con.
stantIy large accumulations of unmerchant-
able iron from which could be brought read.
ly into market if the sizes and shapes we're
changed. This will only need to be sent to
the rolling mill near at hand to come out
again in shapes to fill orders.
The company will have steam hammers
for the most extensive forging, and whatever
else is requisite for the details of complete
establishment. 1t is also prepared to COM
bine facilities for rolling copper sheathing
from copper ingots prepared in the State,
and in this way another want will be sup.
piled by home manufactures.
Without doubt the rolling mill will stim'
ulate the erection of blast furnaces for the
supply of crude iron, as the market for it
will be certain. Already attention has been
turned in this direction, and pretty thor.
ough examination of our resources for crude
iron will be made. 1t is reasonably certain
that iron ore and charcoal can be obtained
10 abundance in this State, but the points
most advantageous for procuring supplies
have not been definitely settled. But the
movement now inaugurated makes it certain
that great iron interest is to be developed
on this coast and that neither capital, enter.
prise nor business talent will be wanting to
insure success. The parties interested being
solid men can afford to wait for dividends,
and for long time, probably, the surplus
earnings will be turned over for the greater
augmentation of facilities for future opera
tons.
The company will occupy from four to five
acres on the point at the Potrero, where
there is deep water for wharfage; and in a
short time they will be ready to receive
scrap and other iron at their docks. The
machinery will be constructed in part in this
city-including powerful engine-and 9TH
er parts will be made in the Atlantic States.
Ground will be broken very soon for the first
building, and the works will progress under
the superinteudence Of practical and expe-
rienced men, until all the details Of the great
establishment have been perfected. When
complete employment will be furnished for
about 400 men. S. f. Bulletin.