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Collection: Books and Periodicals > Nevada County Historical Society Bulletins

Volume 005-6 - July 1951 (2 pages)

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of last month, containing a request of a little longer time on that money. This much, I had not the least idea at two months ago, if you had been here you would have thought the same, and acted as I have done, which is to say, that at that time, I could have sold any amount of Mohawk stock at $22.50 to $25, but I thought that one month would be sufficient time to prepare to meet the demands against me, but I was sadly disappointed on the clean up of the California Mill. Stocks of all kinds went down to comparatively nothing, and no buyers at that. Lots that were refused $1500 and $2000 for, could not be sold for $500. All this state of affairs is brought about by the lone failure, spoken of, in not saving the gold, although rich. But now there is about to be a reaction in stock of all kinds, from the faet.of our success in our saving the gold from our own mill, that 0: Co. have erected. Out of a run of 37 tons, we are very confident that we will save about $60 to the ton, being about 85 per cent saved. To do this had to erect a roasting furnace rock is run through the batterys and over about 100 iscsi of copper plates, then into the pans, thence over about 60 feet of blankets to the reservoir. There is about $5 per ton escapes to the reservoir, which is considered excellent. There is a smelting work just completed here, and is now in full operation, roasting sulphrets, for $12 per ton. Mr. Didhin, the enterprising proprietor, guarantees to work them up to 9 per cent of fire assay. I do wish you were here, for I think you can make more money here, than any other place in the State. More especially if you have a few hundred dollars to invest on loans. Money is that scarce, that men are offering 10 percent per month, also giving $5000 worth of property for security to $100, and ean’t be had at that. I went to borrow some this morning to send you, and 1 was offered it, but would have to pay 4 that, after t! one per cent per day, $30 per month on $100. I thought I would wait until I heard from you, and if lL must pay it now, I must stand it, if however, you ean get along without the use of it for a month longer, I will pay you an additional of 1 per cent.
I have an abundance of property here, that has been, and will be valuable, before 60 days. I am sorry that Bunker Hill mine does not look promising. Much better chances here, ten to one. Come and see for yourself, and if you are not satisfied, I’ll treat you to the best hat you can find in this town, and we sure have some grand ones here. Believing that you will consider to your advantage to come up here to see for yourself, I will close, by wishing you health and prosperity. Respectfully yours, P.D. BROWN Note: Bean’s History of Nevada County 1867, lists P. D. Brown, a miner, residence A Street, Meadow Lake. The Mohawk Mill had five stamps. A snow-slide swept it into the lake. Provost D. Brown was born in New Jersey, Sept. 1, 1824. Landed in San Francisco June 1849. His first venture was a restaurant in Sacramento that he named _ the “‘Knickerbocker’’ (he was known to many, for the rest of his days as ‘“Knickerbocker Brown’’). The restaurant was first flooded and later burned out. He tried mining for a time—meeting with fair success. He loaned money to a friend, and took as security a 30 aere ranch in El Dorado county at what is known today as Cool. The ranch was known as the Tennessee Ranch. In time he had to take the ranch after his failure at Meadow Lake. He moved on to the ranch and renamed it the Knickerbocker Ranch, but it is better known today by its former name. He was Master of the first Grange in California, being a charter member of Pilot Hill Grange No. 1, El Dorado County. He was married three times. At time of his death at Cool, about 1885, he left a wife and four children. lol. S , No-© Nevada County Historical Society October, 1951 Vol. 5, No. 6 The Hermit of Meadow Lake In the year 1860, a lonely trapper wandered into the mountain vastness of northern Nevada County. Ilere he found a plateau extending several miles in length and eight thousand feet above sea level. -The southern end of this plateau widened to a mile in width, and ended abruptly amid a mass of boulders. Henry W. Ilartley was not the first