Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-01-17
THE PRECIOUS METALS.

THE PRECIOUS MG1
The last number of the San Francisco
Mercantile Gazette is the most valuable
statistical document that has come uhuef
our notice in years. From it we make
the following interesting extracts concern
ing the precious metals of this coast:
... TREASURE RECEIPTS.
The following are the receipts OF uea,
sure OF this port, from the interior anu
coastwise, through regular channels tne
records of which are accessible; also the
importation from foreign countries during
the past three years: ,. 1914
Reefs from Interr So i9g SI532 @ ~
E SSs;ls TS% Coast isSs s s GSRs fsss
s.s,s7s 4s2 ss2.s3SSSlI ~ 81 81
Exports. 4?.56l.76l 46,Rlo0 '9,IOI,ol
Curcy move Inc. 6sI3 7Olnc. 1872 oildec. S.o.,gh
The last years receipts from the Notth
coast include the sum of 81, 100000 rom
British Columbia, which is but little IN
excess of the amount of 1868. AS is well
known, however, a much larger amount
of treasure in private hands and to pm
vate consignment is received from !ne
North coast than from any other mining
region tributary to the city. The aggre-
gate receipts from that quarter have pro-
baby exceeded $l0,0OO,0OO, as against
e. ,00O, 900 last year. Our estimate OF 20
per cent. for treasure in the hands oil pas
senpers and miners on board the steamers
from Victoria and Portland is, we Think
quite within bounds.
From the silver districts (included IN
northern mines) the total receipts for the
mast wear were $l5.9OO,00O against $l2,-
IA ,9i5 in 1868. The increase over last
wear presents a gratifying exhibit OF the
growing prosperity Of Nevada, but falls
much short of the expectations OF the
sanguine. The receipts were from the
following localities:
Virginia City,. $40 ~, $50 Carson: 1911 ,sASS
Gold Hin .. l4O2,396 Silver City, S SSV00
AnTSF% 'S SSSS R Resssn River. 5000
From the south coast the receipts
amounted to $3.50, 1000 through regular
channels, and probably 90 per cent. ad-
ditioual in private hands. Nearly all the
treasure sent hither from the interior OF
this State and Nevada, arrives by public
carriers, whose records may be seen, and
a close approximation can be made OF the
actual amount received. From Grass
Valley 100000 per month probably
comes in the hands of private individuals,
and from Mariposa about $50, 900 month
". These will cover nearly all the out
side arrivals. We have, however, hereto
fore added 10 per cent to the receipts OF
uncoined gold and silver from the north
ern and southern mines to cover the
amounts received through privaH chan
| nels.
PRODUCT OF THE PRECIOUS METALS
From California, and more especially
the Southern mines, Notwithstanding the
dryness of the season, the yield shows no
abatement. This has been mainly owing
to the increased productiveness of the
mills, and indicate the growing impor-
lance of the quartz mining interests in
| this State.
In another column will be found our
usual comparative statement OF treasure
receipts from all sources during the past
three wears, from which it will be seen
that the product of gold and silver in 1864
was, in round numbers, nearly $4S,0OO,-
600, and some S4,OOO,OOO greater than in
1868. If we add 25 per cent to this for an
allowance for arrivals of treasure in pri-
vate hand, we have 800, 900 as the
possible product of the precious metals on
the Pacific coast in 1868. By those who
are we'll informed on this subject, however,
this allowance is believed to be much too
large, and we doubt if the entire yield has
exceeded S55,000,000.
COIN ABSORBED IN THE INTERIOR.
With regard to the amount of Gold
Coin in circulation OH this coast, it is diff.
cult to ascertain, with any degree of GER
tainty. The following figures may serve
to show in some degree the currency
movement of the past three years, and per-
haps give some idea of the amount Of coin
in circulation in the hands of the people
1862. 1863. 1854.
the interior. ,54s sl2sl6.TSI SO,SOO 9a
interior ,..!... 1888 42l 1888 97I 5.T4s,as!
| -
| Balance added TO
interior circula- A.
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