Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1874-07-02

goods to France. France pays back
again for merchandise. Then it is bor-
rowed by Germany, and by that nation
paid back for manufactures, when it il
again loaned to Russia, and 90 on. BY
this system one dollar il coin ID some-
times made to perform tie work Of a
dozen, and hence it Is that the capital
lists of England grow rich on the hand
ling Of the product of our lodes and
placers, sz.s.. szss .sx., ...> rig.
THE PRODUCER or EACH SECTION. OF THE
SLOPE.
: OF the whole yield California has pro-
duced three-fourths, or 81 ,O84, 9l9, O98,
nearly, all gold with a small sprinkling
of silver. 1t is thought that there exists
mammoth silver lodes in various parts
Of the state, but they all pale their ef-
fectual fires before the wondrous ores of
Nevada. This state comes next, having
produced since 1860 upwards bof S221.
400, 412 in gold and silver, three-fonrths
having come out of the wonderful
mines of Comstock. The greater por-
ton of this has been silver, although in
many mines the gold forms at least one
third OF the precious metal yielded in
the assay. Utah, though long known
as country rich in the precious metals,
has only lately been a producer Of them.
The territory has produced 81, 527, 527,
principally silver, and is increasing in
production at great rate. In fact, it's
resources in this way are simply mex
haugtible. Montana first became known
IN 1862, and for Two or three years ita
pfacers gave great promise, but they
have lately ceased to yield much, tho
quartz mining is not being pushed with
sufficient vigor to make amends for the
failures of the Plaoers. sIthas produced
nk ogether up'tothe present time $119,
1O0g147. Tie same may be said Of Idaho.
which has produced S., 249, LOG. Colo
RADIO, as a. mining field, is just about
being developed, and will make for it.
self, by and BY, as great o name as Me-
vada or California. 1t has produced
about, $50, 0O0, 600. Oregon and Wash
ington have a history very similar to
that OF Idaho, they have produced $25.
sol ,25O. British Columbia has added
about SO, 000, 900 to the riches of the
coast, and Arizona a small sum but
thestelritory is capable of being made to
support a large mining population.
Its being namedat present as mining
FeerT1tory is seeming misnomer, as it's
yield is very small, but it has greatand
undeveloped mining capacities.
For the last seven years the yield of
the precious metals ION this coast has
been increasing steadily, last year liav-
ing increased about IA per cent. being
$50, 287, 1876, against $40, 2O6, 914 in 1872.
This was principally due to Nevada, the
increase of which was unprccedentedlv
great: But the yield of Idaho and Mon
tana hasb been forsome years decreasing,
on account of their placers being worked
out and their4qualtx lodes not being
sufficiently developed.
HOW TIE PRECIOUS METALS ARE PREPARED
FOR SHIPMENT.
When gold and silver belongs to any
Of the great mining companies it is us,i-
ally made up in bars and forwarded
by express. Most Of these companies
have particular banks, either here or lin
New York. to which they sell all they
have. But there are many small com
panies and many companies of white
and Chinese miners who sell their dust
to the storekeepers with whom they
deal, or to small country banks or bro
kers, who make business of it. and who
sell it to the big banks. Nearly all tho
banks haveAgents for purchasing in this
way. The Bank of California claims to
receive two-thirds 81 the bullion COM
ing to- the market. "A comparatively
small proportion of dust and nuggets is
now received, rs most of the country
banks convert their receipts into bars.
Gold was formerly sent along in itsorig-
inal state by nearly all these banks,
but it is seldom done now, as there, is
ON assay Office in nearly all the mining
towns, where it is melted into bars.
The average silver bars weigh from 2, 400
to 900 ounces, and the gold bars are
worth from $500 to-, 900. A few months
ago the Anglo California Bank received
one of the latter value. The bars range
in fineness from. 500 to 900. the aver
age being about $50. A great proper
ton OF fine bars come from Victoria.
British Oolumbia. Silver comes in
bars of all sizes. The Bank of Cali
fornia has had one bar of ], 8O1 ounces,
or 124 pounds, semitic it. The gold and
silver from the banks are sent to the
refinery to be - refined. Formerly a
good deal of gold and silver used to &C.
cumulate at the banks, bnt now it is
shipped quickly by the. railroads.
What remains over night in the banks
is, being in the shape of bars, placed
on trucks and run into the vault, till
it is sent away next day. Silver is ship
ped principally to China, Japan, and
England. 1t is interesting to detail
HOW THEY ARE SHIPPED.
AT the country banks it is received
in oil conceivable shapcs-in plain bars
packed in buckskin bags. in
tin boxes, and even in old tin cans.
Silver coin for export is always put in
square dovetailed boxes. Silver bullion
comes in plain bars. When sent from
the bank it is put in large bag from
which it is taken when brought to the
railroad cars and placed Oh the floor of
the car. In this way it is brought to
the city. Most of the gold and silver
is coined here and shipped away by the
firm of Wells, Fargo & Co.. which hns
agents at every principal point on the
railroads, whose duty it is to receivean
check it. On this Car are number of
men armed with small arsenal shot guns
and navy revolvers. They accompany
the treasure. When shipped East it is
put up in little boxes of pine wood with
screwed lids, each containing $40. 600.
Wells, Fargo & Co., have about 600 Of
fees on the coast, and employ 1850
men. The Offices extend from hero to
tho Missouri river, and they have rcgu-
lar agents at Liverpool, Hamburg, Bro
men, sc. They have an gents all the
trains. It takes fifteen men to run a
treasure car through fromhere to o.
den, and there are from two to six and
eight on oil save some of smaller lines.
while OH days when there is any consid-
cradle amount Of treasure, they have
IN armed guard. In sending to Mexico
IL tr"as''rc-room is engaged on the
ste'mcr, III which tho treasure is packed