Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-04-23
Tho Annual stock Mania.

Ever since Noah formed his Joint
Stock Ship Building Company-eight
shares-limited," the ingenuity Of man
has been directed to the getting up OF
money making associations. The null
tiplicity of insurance companies is one
of the least understandable manias OF
the moment. You walk into a Mont
gomery street store in the evening,
make a purchase, pocket the propri-
etor's card, and the next morning II
YOU seek for the same place, Lo! a full
grown insurance company has taken
possession Of the premises great signs
announce that 1t Is the only reliable
concern in the United States ; that Its
capital is but little less than the Ma
tional debt; that its profits on the first
years business were 500 per cent. on
the amount invested; that your life is
not worth sixty minutes purchase If
you patronize any other institution,
that altogether the best speculation
you can possibly make is to insure and
die. Last spring wild cat Homestead
stock was all the rage, and sand hills
| ten miles away were romantically de-
scribed as eligible city lots. This year,
| White Pine claims being ut a discount,
and San Diego, somehow or other. find
ing but little favor, the wits Of specu-
lators have opened a new field, and
fruit growing companies uone OF your
vulgar apple, pear and strd Hberry ar
rangemeutS, but tropical fruit growing
| companies - companies bcnevOlently
| formed for the purpose Of supplying
the masses with mangoes and pine ap-
Piles, bananas and cod liver oil, are
going to be the .turore of the season.
Two are already announced, the "San
Pascual Plantation" and '"Eden
Dale" with capitals of $500, 600 and
1900, 900 respectively, which to q disin-
| terested observer seem rather large
sums to pay for the privilege Of Guilt
waiting these luscious products.
MIssins Vessels.
Agreat steamer goes to sea, freighted
with the industries Of q nation, laden
| with precious lives, carrying with her
the hopes and loves Of mothers and
sisters of two hcmispheres. Weeks
and months pass and she arrives not ;
trepidation gives way to fear, fear to
despair, and despair to a burning
heart-sickness worse than the worst
uncertainty. Telegraphs convey the
slightest rumor over the land, papers
discuss her fate, thousands of house
holds talk of 1t, and the civilized world
knows that the "City Of Boston" has
become a mystery for all time-an
awful secret that mans intellect shall
never solve, mol his genius discover.
And yet every day some such tragedy
is enacted, and by a strange peryersion
we read Of it and forget. Twice within
six months has n firm in this city
dispatched vessels from home ports ;
they sailed and-who can tell the rest?
On the 9th of last November the bark
Kirtusoff left Bellingham Bay for San
Francisco, consigned to the owners
here, Pope, Talbot & Co. On the 81
Of December the bark Vernon, belong
ing to the same merchants, left Port
Gamble for Honolulu, and from that
time to nov not 4 word, not q stick,
not q solitary spar comes within human
ken to tell what has been. The fact Is
noted in a papers commercial col
umns, and the ships are struck off the
register at Lloyds. "Foundered" 10
written In red ink across the page
which chronicles their history the in
surance Is paid, and breaking hearts at
home must weep Oh, for that Is the
last.
We had
A Miniature Earthquake.
Yesterday morning-nothing alarming
lin fact too ~gentlemanly a fellow to
disturb our repose. He came about
4 o'clock-quits an early riser-shook
the doors, ratified the windows, as much
as to say, "why don't you get up this
glorious day, instead Of snoozlng In
bed?" and then left us. A society Of
ancient investigators, styling them
selves the Academy Of Sciences, "held
a meeting the other night, and DIR.
| Cooper made the cheerful statement
| that for the past ten days the earth has
been in a perpetual culver, and that
some time or other between now and
the end Of the thirtieth century we
shall be as effectually wiped out as
Lisbon was one hundred years ago;
at which prediction the rest Of the
brethren dissented violently, and fell
upon the prophet with wordy tooth
and nail, extinguishing him so COM
pletely that he departed and was heard
of among men no more. But If we
are to be swallowed up by an earth
quake, it does not affect the character