Re: Meteorite or "Meteorwrong"?
Unfortunately, based on your description (iron/rust color, molten at one time, former bubbles on the surface), the location (prospecting area near a river), and the fact that you found multiple specimens in one area, what you found was almost definitely melted metal ore / slag.
__________________________________________________________
I realise what you are saying, but I know that there were never any steel mills upriver from this site. The only industry up-river is the tourist industry in Yosemite National Park.
So, due to the lack of any foundry or steel mill, which would be the only way that these could have been created by man, I have to assume that they are natural. BUT, (and this is only conjecture,) I guess they might have been created by volcanic action. I don't know if a volcano would blow out super heated 100+ blobs of iron, but, I don't put anything past creation.
Anyway, the only way to find out for sure is for me to return to the area and see if I can find them again, then check them out. Since they are in an area that is only accessible by "shanks mare", it should be much the same as when I was last there in 1991. (Or there abouts.)