, 1859-01-08

Total Eod product Of California: aoo
GeorEfA...-......''''.". 3SHy
:: :: 6:ess1 iiifi sad iifiassinasii;na. SS,eoj
TotL............-........ noA0ao
Go'dprodacto Of Virginia soath c.5oliaa TIN r.,
Grand Total. 60
This is probably fair estimate OF the actual
product, 81 far as any statistics can be obtained
iron the Mint reports. shipments and other sonE-
ce:. But if the reports concerning Pixies Peak,
Gerry Creek, and the ella River. prove true. ne
shall have our present product doubled. Since
the cltse Of 1s4s tue new gold mines hare pre-
serted themselves serictiu.- California. Arizona,
Fraser River, Pike. Peas, Cherry Creek, and the
G:la River reports have followed one another IN
quick succession, until We bid fair, among other
evidences of our greatness TO be tue great gold
producing country Of the world. at any rate,
such Of our readers as do not agree With the ar
guueut, as well as those who do agree With it,
Nil! be Interested iu the concise record which re
present to-day.
TIE cAIIFoESIA GOLD PEoDCcT.
II is by no means easy to arrive at a correct es-
tuate If the actual gold product OF California
since the first discovery. LII the crude condition
Of government during the first r1>h and largest
gains, without mint or proper custom house resu-
latous, and from tue batura1 course OF tIlugs no
reliable statistics could be KEEP. Much gold was
exported and much carried away which never
rssscted the miuts. It has, however, been estina-
ted tnat from. the time Of the discovery up to 1854
~-,ba Llte of Our first return. isou the branch
mint at San Francisco-!he total production and
rate Of production considerably tclow the present
estimated average, Tie gold deposits. Of the
branch mint At San FranciSco, according to the
oidcial reports, has been asfulows, since 1854:
California eold deoosit. Of 1s55. s35E =
:: i';i;i;i;tdi is57 :.iiai;:d.. 5:0d0;o:5
Tctal. ACKNOWLEDGEMENTS. .ass. 81
Add to this the estimated deposits last year
from semi-oficA sources, Of s34 500 900, and we
have the following:
Reported depostt. o. 81 g
E1ti12ted depoaitA Ale5o.....'.'. 3l"HvN'u
Total deposits Of California; xo1d 1t San Frs7.
disco Branch aias since 1sS4.... ca
Add this again to tho reports of Cailfofnla
| gold coined at other miuts, md we bare shi.
result
csu,7rni. gold deposit a. Philadelphia Mint e Js1u.ry
DEPOSITS At St1 o:isaa. Aat iS;;:.::.:.: s4:5N1;
81; 81. III e:
Asa a.D., E:s Sss:s,s Ss2ss :. aIh fis;s eas 3
re!.l dseG:: of tn: cate5p'a gold =: rntea m
| Thus, With no record but that Of the sums de-
| posted IN the 4iut for coinage, we hare the
| round Gum ef fortyone millions per year. But
aside from this we hare to consider the ras
GUMS which hare been shipped to other co m
tries ia dust, aud the large amounts expended
in iewelrg and souvenirs Of the State, as we'll q:
the refining of private assay offices, aud another
| eleven millions per anpum msy be added will
| safety. when the record will stand thus:
Official record Of California gold deposits sthe Mnt a.
E4:ir,ai:d cao1ni. eoid carried tUt ., is
| cyantry refined by private a5ayers or
used In iexelr7 and specimens ltoooa09o
Total product Of California 1913 1852 .t5ad to3 e
Tbese figures support the ides held forth b.
| President Buchanan in one Of his messages, thh
the average product Of California gold is f, l,oeo,
| Ot0 per week.
But let us look nt it in another lisht-that O
the shipments Of gold from SIN Francisco.
The estimated s,pments nf sold fram s.n F.anes;o r
1~hs ~ astuI .liomert 10 Nsw Yc1k In Ii;
7hs seius Shipment. in is;3 including tat
bI the illinois. now due was...........,.. 1924 y
To.al Shipments since 1su....
Thess figures do not include tbs amounts Cal
ried by passengers, Of which no record csa .
Kept OF tie sams still remaiog in the State. !
| We estimate these ct tl30.0Qu. 900, which is y
| DO means heavy estimate, We lave the ft
loving:
Estimated x,uouo's carried hy pa'scnsers ia
| rrusied, stll'tela At2!nk IN tie s!a:e.
s.nCe 1sD.... l-9e1Ao
Total product California gold ISL to 1s;2. .s5. d.
These figures agaiu support the estimate {
the California gold product at *l,ooo,tuo pr
week.
/ II is eaid that the total product Of the Frazt
River mines has not been equal to the MONTH
product Of one California gold mine, which secG
80 900 every month to the San Franc'sco Min
snd, as before observed, the gold crop Of II
S.ats may be considered as regular and cert1l
aa tne grain crop Of the West or the cotton crc
Of the South.
WHAT WILL BR oU8 ASSCAL GOLD CROP
With nil this data in view-with the large en-
igration to Oregon. Arzons, Washington au
Pike. Peak .hs ensuing year-"ith the fre.
Developments OF new mines bY the active e.
terprise and energy Of our people--whas vii!
the annual gold crop Of the United Stasesf ca
ifoynia gives Us million per week All Il
other fields. we can safely say with what fac
We already have, will 9tre Us nt least half ,
much. Dir gold crop s. therefore, littly to
for years to come, a: The rdte Of a million and
half PER tcttk, Or seutntysertn million do1drs r
unaam-N j. Xrald.