Volume 08 (1864) (474 pages)

40. Che Mining wind Scentitic Huts, Mining and Seientific Dress. Werle Woeltyecerertrrssc cern rnceeerccs @eacer ess sees a SeN1on Epitor. C. W. M. SMITH. W. 5. EWER. Ae T. DEWEY. DEWEY & CO., Publishers. Orricz in the Government House building, Northwest corner of Washington and Sansome streets, rooms No. 56 and 57, up stairs. San Francisco: Saturday Morning, January 16, 1864. ames THE LOST ARTS. We bear a great deal abont “ The Lost Arts,” and more sboat the “ progressiveness’’ of the preseat age: but if we carefully look back upon the past we shall find abuadant evidence tbat there is little, at the present day,that is new upon the earth. Where shall we find the Phoidias of modern days? How eagerly, aad at what immense cost do we look for the paintings of the“ Ancient Masters.” Although our forefathers on the English isle, until within a comparatively recent period, never knew the luxury of window glass, the ancients knew more about it, in many respects than we do at the preseat day. It is even thought that the early Ezyptiaas understood the nscs of the telescope, and tbat the Pharaohs osled each other with aa instrument similar to what we call an opera glass. At all events, in moulding and coloriag glass we are yet but imitators. Iu the manufactory of metals, for aught that we know: Vubal Cain might have been our superior. At all events in the most essential particulars of tbe maanfacture of swords we are far behind the aacieats.— The art of tempering steel, as known to thea, has long been “a lost art.” “In the mixing of paints and colors, who in modern times can prepare a tiat that will hold its color like that fouad upon many etics, which date their origin centuries before the dawn of the Christiau Era, or who can rival or even eqnal the “Tyrian dye?” The idea of the steamboat, is thought to have been not eatirely unknown anterior to the fouadation of Rome, certainly the s'eam eugine was not. Five thousand years ago the Egyptian Pharaohs’ constructed canals,which to this day are without rivals upon the earth; and who at the present day, wonld take a contract to hew out and traasport, overlaad, granite blocks that would weigh 3000 tons each, as was done by the ancieat Thebans. The man tbat would undertake it certainly ought to be awarded the contract of raising the Aquila. Stevens, in his travels, tells us that he found railroads, built thousands of years ago with iroa covered grooves. Animal magaetism is no new thing uader the sun, and the arts of magic, as practiced by the ancients, must certainly be classed amoug “the lost arts.” We might tbus go on and fill a column or more, but enough. Notwithstanding all this, the present is emphaticallyan “age of progress.” The great distinctive feature between the present and the ages of antiquity is found in the utilitarianism of modern times. Formerly, as we stated last week, all wisdom was hidden in the bosom of the Aristocracy. Thanks to the printing press, which coines nearer to a new idea than any other thing of which moderns can boast, knowledge has come to be popularized. It has beea dragged from the sancfwm of the aucient priest, and alchemist, and been sprcad broadcast defore the people. a religion of the heart, and consequently a religion for the people, who have been lifted up, by it, from the condition of semi-brutes, and taught to know and respect themselves and to employ knowledge for the common benefit of all,instead of allowing it to be confined to a favored few, as a power to oppress the multitude. « When the modern discovers a principle, bis first effort is to turn it to some practical account. When the ancient Egyptian discovered the power of steam Cliristianity has introduced a new religion, . . his only idea was to make . a toy of it. The ancieat alchemist sought for principles in bis art, merely for the purpose of gaiaing a new power by which to deceive and oppress his fellows; the modern chemist prosecutes his studies to benefit bis race, and add material strength and power to the people. Ttis the, suecessful effort of the modern to utilitarianize the knowledge that has come down to him, which makes all the differeace between him and his progcvitor of 3000 years ago. It is this idea that has produced the wonderful dcevelopmeat in material progress which we witness to-day. Coupled, with this, as already stated,we have the ennobling tendeacy of Christianity. The two. guided by wisdom and humanity, may yet once more advaace the luman race to that proud position, “a little lower than the Aagels,” in which the Creator placed it,in the day that he looked upon all created things and pronouaced them good ! Leeat Assessment Nomcr.—aAn erroneous impression seems to have obtained, in the i1aindsof a few, that the present law of this State requiring the publication of notices of sale of mining stock to be published thirty days, signifies that such advertiseinents should receive 30 insertions. This would aot oaly be contrary to justice,but plainly in contradiction of the word aad iatent of the Act, and the plain and simple interpretation given similar orders requiring the publication of legal notices. Reference to the Statntes, with a careful consideratiou of the injustice of a law that would require mining compaaies iu the interior to deprive local weeklies of support and patronage aud bestow it upoa distant city dailies, at donble or tripple cost, will illustrate its outrageous character. It would be bad eaough to oblige companies haviag offices in cities to incur unaecessarily heavy expenses for publication. The law is certainly plain enongh for any honest minded persoa, yet to prevent quibbling. there woald be no harm in the present legislature definiug the maaacr of publication more extensively, aud we shall look some for action ia the matter. Anotser Coa. Discovery 3x Bririsn ConunBIA.—A new discovery of coal in British Columbia has just been verified. Its importance may be gathered from these facts: The land secured to the fortunnte proprietors is not less than 500-acres of mining ground. From several seams in this, the coal, which is ef good quality, can be quarried. <A water front of ample exteat has heen also obtained for shippiug purposes. and men seem ouly to be required, tools in band, to vastly increaso our supplies The value of cheap fuel need not be mentioned in coanection with the bulk of our poorer ores; it is the essential. A Free Stock Boarp.—A Free Stock and Exchange Salersoom ia to be “opeaed in a few days at No. 614, Montgomery street, recently occupied as a German saloon. The saloon was closed out ou Thursday for the above purpose. The company leasing the premises will charge no admission or initiation fee, but will collect a certain per cent:ge off all sales effected in the rooms. None but brokers will be allowed to transact business in the room. Govexor Low has appointeded W. A. Holcomb Commissioner of Deeds for Unionville, Nevada ‘Territory. Mr. Holeomb is now serving a two years, term as Treasurer of Humboldt County ; is assistant recorder, secretary ot several rich mining companies, writes for the press, has a commission as ‘notury public and is witb all the rest an Hasbioe good fellow. CorrEsponnknce.—Several of our valuable contribotors failed to seud their communications in season for the present issue. All correspondence intended for immediate insertion, should reach us early in the week. We desire your favors early and often, gentlemen. MINING SHARE MARKET. The mining share market still continucs unusually active, Chiefly, however, in specnlative shares. Orders for investment from the Hast have fallen off, of late, in coasequence of the stringency of the money market; still, enquiries are now and then made from that direction,and the utmost confidence is expressed by eastern capitalists in the stability of our leading miaing shares. Onur own capitalists are also begining to feel renewed confidence in many of our mines, and miss no opportuaity to improve the advantages presented by new and important developmeats. Ophir shares still remaia compnratively quiet.— Nineteen’ feet have changed hands since our last report. Commeacing at $1,585 on Saturday, they advanced to $1,900 at the opening of the Board on Monday, and gradually declined to $1,600, regular way, at yesterday's Board. Gould & Cnrry shares have been bnt little dealt in. Wn notice but one transaction of fonr shares at $5,000 per foot, a decline of fifty dollars. Savage shares still remain uncalled for to aay extent. We notice but two transactions of one share each, the first at $2,800; the sccond, yesterday $2,775, seller 30 days. Holders firm at $2.850. We omitted, in our last, to notice a dividend of $50 per foot declared on the 6th instant. Chollar has been unusnally active since onr last report. We quote sales of 160 shares (265 feet) upwards of one fifth of the entire number. Monday's sales opened at $600, b 30; gradually declined to $275 on Wednesday, recovered to $460, b 30, on Thursday, and closed yesterday at $430, with a weak market. Several causes have contributed to the sudden and important depression of tbis stoek. Report says that the ore in the lower part of the mine, is not looking as well as formerly; but the chicf cause of the deeline is doubtless attributable to the large amount. of hypothecation which has been effected in this stock. The Lady Bryan still continaes to form an important feature in the market. Sales of 1409 shares have been reported since our last quotations, at slightly declining rates, agaiast 3723 shares, which found n market last week. It is reported that richer ore than ever, is still being taken from the locality of the receat strike, and furthermore, that rich ore. bas also been struck in the main shaft, at a considerable distance from the former locality. The prospects of this mine are certainly very flattering. The Desert, the adjoining claim to the Lady Bryan, has not been so niuch enquired for as last week.— Considerable business has been done, however, in this stock. We quote sales of 491 shares, against 1163, reported for the week previous to our last issue. The mnrket opened on Monday at $17, speedily advancéd to $26; and closing at $24; gradually declined, with decreasing sales, to $20, on Tuesday. No sales on Friday. ; Buraing Moscow has recovered from its last weeks’ decline and is again largely enquired for at an importantadvance. It opened the market on Saturday at $95, and advanerd at the closeto $115; gradually advanced to $1421¢ on Thursday, but yesterday declined to $120 @ 130, b 30 days. North American has not been so much in cemend as last week. The advanced rates of previous quotations, however, bave been fully sustained. Wo understood that this company has struck the lead in their maia shaft which is located within 150 feet of the Uncle Sam, and full confidence is entertained by holders tbat they will eventually find the lead equally valuable. Adriatic shares are still in favor, aud are quoted at from $11 @ $13. Bullion, Gold Hill, has improved somewhat, aad has finetuated at from $66 @ $80 b 30. We quote the, Melones at from $6214 @ 6734 ; ‘Baltic has been considerably enquired for, and bas . fluctuated from $120, to $170.

40. Che Mining wind Scentitic Huts, Mining and Seientific Dress. Werle Woeltyecerertrrssc cern rnceeerccs @eacer ess sees a SeN1on Epitor. C. W. M. SMITH. W. 5. EWER. Ae T. DEWEY. DEWEY & CO., Publishers. Orricz in the Government House building, Northwest corner of Washington and Sansome streets, rooms No. 56 and 57, up stairs. San Francisco: Saturday Morning, January 16, 1864. ames THE LOST ARTS. We bear a great deal abont “ The Lost Arts,” and more sboat the “ progressiveness’’ of the preseat age: but if we carefully look back upon the past we shall find abuadant evidence tbat there is little, at the present day,that is new upon the earth. Where shall we find the Phoidias of modern days? How eagerly, aad at what immense cost do we look for the paintings of the“ Ancient Masters.” Although our forefathers on the English isle, until within a comparatively recent period, never knew the luxury of window glass, the ancients knew more about it, in many respects than we do at the preseat day. It is even thought that the early Ezyptiaas understood the nscs of the telescope, and tbat the Pharaohs osled each other with aa instrument similar to what we call an opera glass. At all events, in moulding and coloriag glass we are yet but imitators. Iu the manufactory of metals, for aught that we know: Vubal Cain might have been our superior. At all events in the most essential particulars of tbe maanfacture of swords we are far behind the aacieats.— The art of tempering steel, as known to thea, has long been “a lost art.” “In the mixing of paints and colors, who in modern times can prepare a tiat that will hold its color like that fouad upon many etics, which date their origin centuries before the dawn of the Christiau Era, or who can rival or even eqnal the “Tyrian dye?” The idea of the steamboat, is thought to have been not eatirely unknown anterior to the fouadation of Rome, certainly the s'eam eugine was not. Five thousand years ago the Egyptian Pharaohs’ constructed canals,which to this day are without rivals upon the earth; and who at the present day, wonld take a contract to hew out and traasport, overlaad, granite blocks that would weigh 3000 tons each, as was done by the ancieat Thebans. The man tbat would undertake it certainly ought to be awarded the contract of raising the Aquila. Stevens, in his travels, tells us that he found railroads, built thousands of years ago with iroa covered grooves. Animal magaetism is no new thing uader the sun, and the arts of magic, as practiced by the ancients, must certainly be classed amoug “the lost arts.” We might tbus go on and fill a column or more, but enough. Notwithstanding all this, the present is emphaticallyan “age of progress.” The great distinctive feature between the present and the ages of antiquity is found in the utilitarianism of modern times. Formerly, as we stated last week, all wisdom was hidden in the bosom of the Aristocracy. Thanks to the printing press, which coines nearer to a new idea than any other thing of which moderns can boast, knowledge has come to be popularized. It has beea dragged from the sancfwm of the aucient priest, and alchemist, and been sprcad broadcast defore the people. a religion of the heart, and consequently a religion for the people, who have been lifted up, by it, from the condition of semi-brutes, and taught to know and respect themselves and to employ knowledge for the common benefit of all,instead of allowing it to be confined to a favored few, as a power to oppress the multitude. « When the modern discovers a principle, bis first effort is to turn it to some practical account. When the ancient Egyptian discovered the power of steam Cliristianity has introduced a new religion, . . his only idea was to make . a toy of it. The ancieat alchemist sought for principles in bis art, merely for the purpose of gaiaing a new power by which to deceive and oppress his fellows; the modern chemist prosecutes his studies to benefit bis race, and add material strength and power to the people. Ttis the, suecessful effort of the modern to utilitarianize the knowledge that has come down to him, which makes all the differeace between him and his progcvitor of 3000 years ago. It is this idea that has produced the wonderful dcevelopmeat in material progress which we witness to-day. Coupled, with this, as already stated,we have the ennobling tendeacy of Christianity. The two. guided by wisdom and humanity, may yet once more advaace the luman race to that proud position, “a little lower than the Aagels,” in which the Creator placed it,in the day that he looked upon all created things and pronouaced them good ! Leeat Assessment Nomcr.—aAn erroneous impression seems to have obtained, in the i1aindsof a few, that the present law of this State requiring the publication of notices of sale of mining stock to be published thirty days, signifies that such advertiseinents should receive 30 insertions. This would aot oaly be contrary to justice,but plainly in contradiction of the word aad iatent of the Act, and the plain and simple interpretation given similar orders requiring the publication of legal notices. Reference to the Statntes, with a careful consideratiou of the injustice of a law that would require mining compaaies iu the interior to deprive local weeklies of support and patronage aud bestow it upoa distant city dailies, at donble or tripple cost, will illustrate its outrageous character. It would be bad eaough to oblige companies haviag offices in cities to incur

unaecessarily heavy expenses for publication. The law is certainly plain enongh for any honest minded persoa, yet to prevent quibbling. there woald be no harm in the present legislature definiug the maaacr of publication more extensively, aud we shall look some for action ia the matter. Anotser Coa. Discovery 3x Bririsn ConunBIA.—A new discovery of coal in British Columbia has just been verified. Its importance may be gathered from these facts: The land secured to the fortunnte proprietors is not less than 500-acres of mining ground. From several seams in this, the coal, which is ef good quality, can be quarried. <A water front of ample exteat has heen also obtained for shippiug purposes. and men seem ouly to be required, tools in band, to vastly increaso our supplies The value of cheap fuel need not be mentioned in coanection with the bulk of our poorer ores; it is the essential. A Free Stock Boarp.—A Free Stock and Exchange Salersoom ia to be “opeaed in a few days at No. 614, Montgomery street, recently occupied as a German saloon. The saloon was closed out ou Thursday for the above purpose. The company leasing the premises will charge no admission or initiation fee, but will collect a certain per cent:ge off all sales effected in the rooms. None but brokers will be allowed to transact business in the room. Govexor Low has appointeded W. A. Holcomb Commissioner of Deeds for Unionville, Nevada ‘Territory. Mr. Holeomb is now serving a two years, term as Treasurer of Humboldt County ; is assistant recorder, secretary ot several rich mining companies, writes for the press, has a commission as ‘notury public and is witb all the rest an Hasbioe good fellow. CorrEsponnknce.—Several of our valuable contribotors failed to seud their communications in season for the present issue. All correspondence intended for immediate insertion, should reach us early in the week. We desire your favors early and often, gentlemen. MINING SHARE MARKET. The mining share market still continucs unusually active, Chiefly, however, in specnlative shares. Orders for investment from the Hast have fallen off, of late, in coasequence of the stringency of the money market; still, enquiries are now and then made from that direction,and the utmost confidence is expressed by eastern capitalists in the stability of our leading miaing shares. Onur own capitalists are also begining to feel renewed confidence in many of our mines, and miss no opportuaity to improve the advantages presented by new and important developmeats. Ophir shares still remaia compnratively quiet.— Nineteen’ feet have changed hands since our last report. Commeacing at $1,585 on Saturday, they advanced to $1,900 at the opening of the Board on Monday, and gradually declined to $1,600, regular way, at yesterday's Board. Gould & Cnrry shares have been bnt little dealt in. Wn notice but one transaction of fonr shares at $5,000 per foot, a decline of fifty dollars. Savage shares still remain uncalled for to aay extent. We notice but two transactions of one share each, the first at $2,800; the sccond, yesterday $2,775, seller 30 days. Holders firm at $2.850. We omitted, in our last, to notice a dividend of $50 per foot declared on the 6th instant. Chollar has been unusnally active since onr last report. We quote sales of 160 shares (265 feet) upwards of one fifth of the entire number. Monday's sales opened at $600, b 30; gradually declined to $275 on Wednesday, recovered to $460, b 30, on Thursday, and closed yesterday at $430, with a weak market. Several causes have contributed to the sudden and important depression of tbis stoek. Report says that the ore in the lower part of the mine, is not looking as well as formerly; but the chicf cause of the deeline is doubtless attributable to the large amount. of hypothecation which has been effected in this stock. The Lady Bryan still continaes to form an important feature in the market. Sales of 1409 shares have been reported since our last quotations, at slightly declining rates, agaiast 3723 shares, which found n market last week. It is reported that richer ore than ever, is still being taken from the locality of the receat strike, and furthermore, that rich ore. bas also been struck in the main shaft, at a considerable distance from the former locality. The prospects of this mine are certainly very flattering. The Desert, the adjoining claim to the Lady Bryan, has not been so niuch enquired for as last week.— Considerable business has been done, however, in this stock. We quote sales of 491 shares, against 1163, reported for the week previous to our last issue. The mnrket opened on Monday at $17, speedily advancéd to $26; and closing at $24; gradually declined, with decreasing sales, to $20, on Tuesday. No sales on Friday. ; Buraing Moscow has recovered from its last weeks’ decline and is again largely enquired for at an importantadvance. It opened the market on Saturday at $95, and advanerd at the closeto $115; gradually advanced to $1421¢ on Thursday, but yesterday declined to $120 @ 130, b 30 days. North American has not been so much in cemend as last week. The advanced rates of previous quotations, however, bave been fully sustained. Wo understood that this company has struck the lead in their maia shaft which is located within 150 feet of the Uncle Sam, and full confidence is entertained by holders tbat they will eventually find the lead equally valuable. Adriatic shares are still in favor, aud are quoted at from $11 @ $13. Bullion, Gold Hill, has improved somewhat, aad has finetuated at from $66 @ $80 b 30. We quote the, Melones at from $6214 @ 6734 ; ‘Baltic has been considerably enquired for, and bas . fluctuated from $120, to $170.