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Collection: Books and Periodicals > Mining & Scientific Press

Volume 35 (1877) (426 pages)

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December 29, 1877.] MINING AND SCIENTIFIC PRESS The Necessity for Home Manufactories. The only way that California can be made to be the prosperous State that she was before the railroads brought her iuto direct competitiou with the East, is to have work for everybody as there was then. And tho only way to give everybody work is for our capitalists to stop speculating and lending money and start up home manufactures, The troublo with us now is that we havo more people thau we havo work for. We have not onough manufactories. We buy too many things abroad that we could make as well or better at home, and still we wonder why “hard times” visit us and stay so long. Another thing is we want too much for our money. People who havo it cxpect it to earn its ono por cent, at least, simply by loaning it. Thoso who would establish manufactures if they could tiud it possiblo to do so and pay the rates of interest charged. Again, somo of thein say, “We must put up $20 in silver as svenrity for 20 in gold!” No matter how mneh Jand a man has or how good it is he finds it next to impossible ta borrow any money on it if it isin the eountry. And if ho does succeed in raising anything ou it they will wot lend more thau a quarter of its value. There has got to be a radical change in our manner of doing busiuess on tbis cvuast, or) things will go from bad to worse. No man can make a manufacturing business pay when he has to hire money to earry it on ata cent or cent and a half a month. And not only that, he STEAM WATER FEED FIG. 1. SECTION finds it difficult to get money at any price to establish anything new, such is the disinclination of ourmoneyed men to enter the manufacturing field. “Cent per cent” has been our bane and still coutinues. As soon as a man gets a little money he knocks off work, sits him down, and expects his money to do the work for him, and he stops his work so soon that he wants a small amount to yield a large one, and charges his rate of interest accordingly. It is all very well to say you can get money in San Francisco for seveu or eight per cent., hut let any one try it at the banks and offer anything as security less than a first-class piece of city property and see how he succeeds. And then let him try to borrow from a private individual and see what success he meets in that direction. There is not the slightest doubt hut that this hahit of collecting higb interest has done more harm in California and kept it hack more in every sense, than any railroad monopoly, Chinese immigration, land-grahhiug schemes, Mexican grants, or any other grievance of which we have complained. When one-quarter of the people want to live on interest paid hy the other three-quarters, and that one-quarter spend more than the otbers earn, the result is not satisfactory and the state of affairs cannot last long. We must all go to work. There is no use in putting off tbe issue any longer. The non-producers iu our midst are too mauy and with them no country can he prosperous. The thousands who want to make their living from stock speculations must quit this precarious trade and work in the mines. Those who stand between the producers and consumers must perforce hecome producers as they are already consumers, The men who hold large tracts of land at prices no real farmer or berder could afford to pay, must sell these lands to men who will cultivate them and must assisst them inso doing. The thousands of idlors in our cities, who eke out a OF HANCOCK INSPIRATOR. precaricus existence in any way, so they evade real work, must tako off their coats, turn up their sleeves and handle the hoe or the plow, the hammer or the plane, or they must leave this country fur some other—if they can find ono—where there is more room for thom than here. Work, real carnest, hard work is what the Pacifie coast eommunity must come to if they would be prosperous, ‘The cities are tilled with idlers who should be tilling the fields or workiug tho imines, and rich men who are mopey lenders instead of producers. People can ill afford to borrow money as rates now stand, aud these men must establish manufactures tu vest their mouey or keep it unproductive in their hands, The times are ripe for change, and chauge there mnst be, With more manufactures there will he moro opportunity for labor. As cach man’s arm becomes productive prosperity will rule among us once more, and Califoruia resume tho proud position to which she is so well adapted. Iker geographical position, climate and other uatural advanutagos aro in her favor, but her people must do their share iu the good work to wake her tho most prosperous State in the Union. Patents for Mining Claims. Pollowing is a completo list of patents issned for Pacitic Coast mining claims since last report: California—Nevada county, South Yuba Canal Co,, for Chicken Point and Sinith, Powell aud King placer mines; Bernhard Hnuysink, Emigrant placer miue; Henry P. Connor, North Bonner quartz mine; Rohert McMurray, placer mine; Yuba Gravel Range Co., placer mine. El Dorado county—Matthias Secley and others, Grizzley Gulch placer mine; Adolph Wenzee, Bean Hill placer mine; Geo. W. Swan, Eastern Buckeye; Carrie Halle Hydraulic, Miuing and Water Co., Trinity and Succor and Christian placer mines. Butte county—J. B. Haggin, "49 aud °56 quartz mine. Nevada—Eureka couuty, Adams Hill Mining Co., mineral, Lee, Line, Joseph Ringot, Hulucnott miues; Silver West Co., inill-site. Lander couuty, Henry L. Byrne, DeFrance; Eagle Silver Mine and Mill Co., Monitor and Eagle mines. White Pine connty, P. L. Weaver, King lode; Newark Co., Buckeye, State and Lincoln mines, Utah—R. B. Chissholm, assignee of Elgin Chieftain Mining Co., Chieftain lode; Jersey Co., Jersey mine; R. C. Chamhers, City Rock mine; Isaac 8. Waterman and others, Severe and J. W. Cootey mines. Pacific Coast miners will remember that Dewey & Co., this office, are now fully prepared to procure patents for mines, expeditiously and cheaply, and will furnish information on the subject to those desiring it. BuLuion SHIPMENTS.—Since our last issue shipments of hullion from the prominent mines
have heen as follows: Con. Virginia, Dee. 19th, $152,495.58; California, 19tb, $235,655.49; Northern Belle, 17th, $3,139.55; Grand Prize, 21st, $11,700; Alps, 19th, $1,627; Gila, 16th, $95.67; Alps, 21st, $9; Con. Virginia, 22d, $173,692.34; California, 22d, $116,569.77; Northern Belle, 19th, $2,971.22; Northern Belle, 22d, $4,260.83; Arizona, 20th, $1,050.51; Standard, 2lst, $33,558.27; Tybo Con., 17th, $4,384.14; Alps, 22d, $2,631; Alps, 24th, $2,074; Grand Prize, 24th, $12,900; Tyho Con., 2Ist, $4,235.22; Martin White, 25th, $20,900; Alps, 26th, $2,109; Gold Hill (Idaho), 26th,]$17,600. FIG. 2. THE HANCOCK INSPIRATOR. An Improved Boiler Feeder. The Hanceck Iuspirator, illustrated on this page, is an apparatus for feeding water to steam hoilers, for filling tanks and for any purposes for which a pump may be used in haudling water, It has no movable parts at all, but is a double apparatus, one-half of which isa lifter and the other half a forcer, tho lifter drawing the water from auy ordiuary depth and delivering it to the forcer which delivers it to the boiler at any steam pressure without adjustment. An ordiuary injector in a single apparatus, caunot lift water over five or ten feet and reqnires adjustment for varying steam pressures. The machine lifts as high as any pump and delivers it to the boiler, with very little stcam pressure. It has lately been introduced on this eoast by Parke & Lacy, 417 Market street. The inspirator differs materially, both in its construction aud working qualities, from the class of hoiler feeders known as injectors, inaainuch as it has one set of tubes for lifting aud another set of tubes for forcing water, a combination entirely ucw, reliable and ettivient. There being no movable parts in its internal construction it requires no oiling or adjusting to various pressures or lifts, which is necessary with other punips. Fig. 1 is a section showing the construction of the inspirator, and Fig 2 is a perspective view of a stationary onc. Fig. 3 shows the jocomotive inspirator made on the same general principle hut varying slightly in detail, being operated hy a single lever. It is claimed that this device will start at a lower pressure than any pump, thereby ohviating the necessity of moving a mass of machinery for running a power pump, or raising sufficieut pressure for running a steam pump if necessary to fill the boiler when the machinery is not in operation, thus making a saving in fuel and wear and tear of pumps, etc., as only a small head of steam need be kept up. The conditions for its certainty of working are: First, an air-tight suction; second, an ahundant supply of water with a lift not exceeding 25 feet, and a temperature not exceeding 120° Fah. for a low lift and 100° for a 25foot lift. No adjustment is necessary for varying steam pressures. It can be started at a low lift at five pounds pressure and will continue to work without any adjustment up to any pressure allowed hy law. ‘The advantage of this peculiarity of the Hancock will he evident to engineers. The inspirator is intended for stationary hoilers, locomotive hoilers, for use at watering stations on railroads, for mining purposes, as a hilge pump, for emptying or filling tanks iu buildings, as well as for general pumping purposes. Further details are given in the circulars, which will be sent on application to the above address. These machines are meeting with great favor in the Eastern States, but bave only now becn introduced here. Tue Treasury now bolds $346,277,540 to secure National Bank circulation, and $13,988,000 to secure public deposits, United States honds deposited to secure hank circulation for the week ending last Saturday amounted to $802,000; anount withdrawn, $118,000; National Bank circulation outstanding—eurrene notes, 320,253,765; gold notes, $1,432,120. Tue Kuglish government is taking an acMine Investigation. A committee compesed of Augustus Waterman, Janes Biddulph and W. L. B, Mills was appoiuted ata meeting of the Advance silver mining company, on the 15th of last month, to examine the company’s books and accounts. Majority and miuority reports have been prepared, the former sigued hy Mills and Biddulpb and the latter by Waterman, who was chairman, The majority report sets forth that the statement made in Mr. Waterman’s report, in regard to the receipts by the company for stock sold, is entircly at variance with the facts as apparent in the books and accouuts of the company. Waterman, in this minority report, says he has been able to obtain the following summarized iuformation from the books of the company: ‘'8,656 shares, as per books of the compauy, sold for $26,108; 6.465 sold, as per hooks on tile in court, for $27,000, and 4,014 for $37,000, being a total of 19,135 shares known to have been sold for $80,108, thus leaving unaccounted for 12,666 shares, which, at $2.50 per share, the lowest price the stock sold at, would be $31,665, or a grand total of 31,801 shares for $121,773. This gives an average price of only St per share, which is, in my opinion, below the real average. If the stock sold was, as represeuted, workiug capital, the company should have been credited with $121,773, instead of $58,447.50 If, on the contrary, it was not working vapital, the stockholders have been de. FIG. 3. INSPIRATOR FOR LOCOMOTIVE BOILER. ceived when it was represented to them that it was, and that the proceeds would he used in developing the mine.” A meeting of the dissatisfied stockholders of the Modoc mining company hasbeen held. A report of the committee appointed at a previous meeting to inquire iuto the affairs of the company was read hy the Secretary, Captain Mullett. The President, J. W. Coleman, had given them permission to examine the books aud the employment of experts for that purpose was recommended. Several stockholders urged a speedy and thorough examination of the affairs of the mine. It was suggested that while they were ahont it they might find out whether the dividend paid last Jannary, undcr Pearson's management, came from profits or assessinents. Much dissatisfaction was expressed with the present management. It was finally voted to employ experts to examine the hooks, the expense to be defrayed by the dissatisfied steckholders at the rate of one dollar for each person count of its stock of war material, holding less than 100 shares, and ome cent pershare for all having more than that number. Ten thousand shares, or one-tenth of the total uumber, were represented at the meeting. The Justice investigating committee have not concluded their lahors, hut the Virginia Chronicle asserts that the mine has paid $161,064 above expenses in the last two years, notwithstanding which assessments have heen levied aggregating $2, 152,000. If to the amount of assessments the bullion yield be added, the total amount of money to be accounted for cannot fall much helow $5,000,000. A pretty state of affairs! ss was generally suspended throughae on Cirstitias day, and the day was appropriately celehrated, religiously and socially. Tye internal revenue collections in this district last week amounted to $24,064, and the total since January is $2,002,878.