Los Angeles daily herald., 1889-04-01
PLACER GOLD.
sale of the Van Tassell Tin


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The people of Monrovia have become
quite excited over the finding OF placer
gold during the past week. Among those
who have been out on the hills the past
week or two we're W. @. Williamson and
@. w. Barnes. Last Saturday they
brought in a small collection of the pre-
cious metal which they had panned out
that day, probably a dollars worth of
fake gold. The spot where the gold was
found is not more than a mile and half
from Monrovia, being in gulch north Of
the Bliss place, between here and Duarte.
1t is directly above one of the spots
where gold was taken out in the early
days.
On Saturday some friends of Messrs.
Barnes and Williamson were up from
Pasadena and Los Angeles and were as
sociated in the discovery. A company,
including nine persons, was formed, and
that number of claims we're located.
These parties have been at work this
week developing the mines and have
taken out quite showing Of the precious
metal, although bedrock has not yet been
reached. The largest nugget yet found
was picked up by Nat Johnson and was
worth about thirty cents. There are now
about twenty persons at work IN various
places, and perhaps that number OF
claims has been staked out.
Aug. Miller, miner OF large practical
experience, is here looking up the pros.
pect, in the interest of company OF
Philadelphia capitalists. Mr.. Snyder,
now stopping at the East San Gabriel
Hotel, is at the head of the company,
and they are ready to furnish any
amount of capital to develop the mines,
should they feel satisfied that they will
pay. On Tuesday Mr.. Miller took from
one pan of gravel what fe called equal
to "ten points," Gravel that would
average as we'll as that would contain
not less than eight hundred dollars to
the ton.
The one present drawback is the lack
of water for washing the gold. But if the
development that is going on proves
that the mines will pay (and there seems
to be no question that it will) there is
capital ready to develop the water or to |
bring it from the San Gabriel or some |
other practical point. In fact, some OF
the miners are now at work driving a
tunnel to secure water.
The writer was over the ground We'd
nesday morning and can truthfully say |
that there is fine prospect for paying
camp. 1t will not pay any one, how
ever, to 60 wild over the matter, for no
bonanza fortunes will be made until
there is water brought on the ground to
work the mines, or at least until capital
is convinced of their value and buys up
the claims.
1t is certain, however, that good deal
of attention is bound to be turned to this
vicinity, and that Monrovia will be the
center of the excitement in this valley.
One Los Angeles gentleman, who was
quite enthusiastic over what he saw on
the hills Tuesday, declared that there
would be a thousand strangers here
within a week. But we don't want any
Santa Clara fake for US. There has been
a great deal of gold taken out here in the
early times, and there will be more taken
out without question. All that is needed
is to go systematically to work, secure
water to work the mines, and we will
have livelier times even than we had in
the palmiest real estate days.
THE TIN NINE.
Some two months ago, as the Messen-
ger announced at the time, Messrs. Nell
son Van Tassel, B. Il. Paddock and w.
L. Goldman located tin mine in this
vicinity. The mine is east of Duarte in
the Van Tassel canyon, extending along
the first range of foothills. The deposit
of this metal is an extensive one and as
says have proved that it was valuable.
The owners have had several offers for
the property, aid for some time have
been negotiating a sale. Word was re-
ceived here Tuesday to the effect that
the sale had been consummated, the
price paid being $4,000. We have been
unable to learn the name Of the pur-
chaser, but he is said to be gentleman
who has cool half-million to back his
purchase. We are also unable to state
whether the mine will be developed at
present.
An English gentleman, who is an ex-
pert in tin ores, visited the mine this
week and spoke very favorably of the
quality of the mineral. The purchase
verifies the value of the mine and the
working of the same would prove an i'm
r. &