The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-12-27

IOeal gold product Of California $3.50 oOo ooo
North Carolina 1900 oOO
Georra ............... TooOOW
Oregon and Washington 100000
Total. .s54o, 900, 600
aosd product OF virginia, south Carolina, Ten
ncssee Alabama and other sources. 100000
Sraud total. 5000 900 900
This probably fair estimate OF the actual product, SO
far any statistics be obtained from the Mint reports
shipments other But the reports
ing Pkes Peak Cherry creek and the ella river, prove
Gue we shall have present product doubled. Since
the close Of ls4S the gold mines have presented
shemsevcs erio,i-Californla Arizona, Fraser river
Pixies Peak Cherry creek and the ella river reports have
followed another quick succession until We bid fair
among other evidences of greatness be the great
gold producing country of the world At any rate, such
Of readers do not agree with the argument well
those who do agree with it, will be interested in the
concise record which present TO day.
THE CALIFORNIA GOLD PRODUCT.
The popular idea of the mineral wealth of California is
enlarged that to say man has just arrived from that
State the belief that he has his pockets full OF
gold Nor is this general idea at fault for the resources
a that State in mineral wealth but being developed,
and afford regular and certain income as the wheat
neds Of West the cotton crop OF the South True,
te gone by for the scoopng up Of the precious
picking up of huge nuggets bu, the mines arc there to
yield up their to industry, and by the progress
the art Of smelling and refining large fortunes have
been made in sitting and separating gold from which
has passed through the hands Of the gold seeker
The great gold degings on the western slope OF the
Sierra Nevada Mountains, and in Klamath and Shasta
counties while other portions Of the State have contrs
buted their quota. The first discoveries Of gold
undoubtedly but the washings from the
bulk Of auriferous quartz in the State, which
keep up the gold product OF the State The gold
region embraces space the line Of the Sierra Nevada
between Gve hundred miles long and fifty broad. The
rivers whose copous from the springs OF the
Sierra Nevada were found 10 contain their bars and
shoals collections Of the precious sand the vary
ing with the velocity Of the stream. The dry digging
arc places where gold Is found mingled WITH disine
grated from quartz in dust according TO the action OF
the atmosphere or water.
The FIRST discovery made in June ls4s, and In the
ten years since that time State formed from the ST
ulus OF emigration taking leading position IN the Union
m the pioneer Pacific empire and now demands from
n The construction OF railroad across the continent TO
NICE, the requirements her people and their trade All
this the legitimate power Of nucleus OF wealth; AMI
the purpose Of showing the extent Of this power il
thing else would careful examination Of all the
facts and figures which be brought TO bear upon the
subject
II IL by no means easy arrive al a correct estimate Il
49, -, ,oa -o,c, or California since ,bc ars a,sco
very In the crude condition OF government during the
arst rush and arges, gains without mint proper
s, ho,se rco,latons and from the natural course OF
80. - .,.ss,. ,,,..,s o,,a 10 .r, Mach cola ,v,s
expor,ed and much carried away which never reached the
rn,n,s n has houcvcr becn estimated tha, from the
time Of the discovery up to is5l-the date Of first
turns from the branch mint san Francsco-thc total
,,u,c,on and distribution IN all ouar,crs was SOS o43
a,e az nrosnc,on considerably below Ia. present
estimated averave The gold deposits Of the branch MN,
:, San rranc,,co acco,anv N ,he oacia rcpor,s has
han 40 fo,ows snce 1874
C.lisorpia cold ,eposl,s or isss 80 So, AZ, 20
- Isss - - 900 2lS "a
fss- estimated lloooopo 90
-
Total ssg O5a s5s oi
Add TO hs me estimated deposits hs' year rom semi.
oncai sources y sS''OV00V' a"o We nave '"e io"o~
ing- -
% hepor,sd deposit 81 zoo 'so ~ ~
-
Total deposits Of Californian gold Al san
Francisco bfaheh hina slnee 80 W "
Add this again 70 the reports Of California gold coined
n oshcr m uta and We have tniS result
s.vs...,. Ue' aa ~; s"..,aS !, r,,,d.,nn,.
Min. 20 January 1857 Ss'.ls',s. sS' 70, y
spoe's New pieaxs nna " ya, a.
iNhloncga, ceorga. ,'t'.'' .l's "a 81 " W
o'"''i ~ '''''' -~- --,.-~----
Total deposits at other Offices s2aa gI7 rs
Ada deposits ~ Oahiofn" An' ''..'''.'' io'o'ooo -
Total deposi, az California gold a, United
states Mint since 1854. stls to2e e;S -
Average deposits Pcr year 'f'..'''.'sf'o'''-"' %
Thus with no record hut that OF the sums deposited In
an, Mr., Cor conavo 80 b.va m. ,ou,a snr az rorv one
Ill.,. - -. ~, 80 rror, ,h,. - ,.,o
a. consider the east Sums which have beon sbpncd