The New York herald., 1876-12-01

Gain In 1876 over 1875 for September, in
The balance in favor OF the United States. $40 $50 43
The total gain for July, August and September Is thus
$50 ooo at the of $500 ooo year. which,
added the trade balance of 1876 OF $780, 600 00O
would mako the possible grand total trade balance in
favor for this year $500 0oo The condition OF
tradc will before long bring our currency to par in
spite of any neglect by government. but If taken
advantage Of for prompt and preparation will
resumption safe and easy.
No wonder that gold has fallen to 1osz The crops
OF the year superb aud in quick demand abroad.
The gold and silver product OF our mines is also
largely increasing Dr. Linderman estimates tho
product Of 1876 at $780, 600 900. Even II govern
men, lies supine and takos steps and invites no
public attention toward resumption It will nos bc
strange the great exports OF food and cotton to-
gethcr with the great product OF gold and silver
mines, bring gold by New Years Day down 70 s or 9
per cent premium
MINING ISrELL0EScE PROM WEST.
Tho managers OF the two great bonanza mines, at
the date OF the latest Nevada papers, evidently
making unusual exertions 10 overcome tho bear infu
enco upon the market price OF their shares In what
called the Official statement OF tho business for tho
second week In this month they represent the daily
yield OF the Consolidated Virginia and California to he
40 each, and all tho work progressing sasic
ago created some uncasiness, even among the New
York Shareholders but the alarm sufficient 70
induce people 10 part with their shares In San
Francisco, however, whoro the tran sactlons are az
rule based upon deposits OF percentage of the pur
chase money, the losses havc been serious with
the very class OF operators least able 10
endure them. u Is clearly seen there
here that Mr.. Floods neglect to facilitate transfers
In New York biunder. On his return to san
Francisco the bears dcpress the market
u became known tnat onilei for tho
shares had been opened In city and tho dcsiruc-
tves have rcaped rich harvest The market sraduay
tho bears take 10 their shorts and prco
already about per cent above the lowest point with
disparity Of about per cent between the stocks
In the Grown Poiut the extraction Of oro has been
pntrey suspended for the present. grade being 100
low 10 bc remuncratve. The sinking of the maln in
sl,ns below the foot level making good progress
tho Burlcigh drill being IN constant use The daiy
yicid OF the BcIcher is $50 tons, without change
quality. Justice produces $50 tons. and tho DRIFTS
and stopng are progressing favoraby. Work
she Gould Curry has been somewhat retarded by the
Gov OF heated water from tho Consolidated Virginia,
but 10 now resumed. Sinking the shaft on the Ca Q
donia was suspended for while in Consequence Of
strong now OF water choiIar produces 100 daily
Of the essay vsluc OF t3a per invcatars of
processes offering TO apply their Inventions aad 10
take their compensation IN ore.
MINIS sctru.
In tho mineral belt running through ylrgin.s lhe
Caroiinas and Georgia discoveries aud opca.
ings are being msdc that aay give Ito - that
Impoverished region The work comprises every
sicty Of ninng-,hc ores. Win ic~ exceptions, bcug
= sslhsS low grads. bat existing IN great Aesodssec.