The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-26

made at l21. II Is estimated that from $40 uo
SIS 900 gold have been sold short this week on
the prospective July disbursements by the Treasury
and the talk about another syndicate taking large
amount OF tour and half per cent bonds There has
been good borrowing demand for cash gold all the
week.
The following shows the value in gold Of 500 green
backs united States Treasury notes, fractional notes
national bank notes. NJ twelve O'Clock to-day and
the same hour OF tho days named:-
June a. Ju,e 23 june p june q. June 20 jane -,
$50 40 $50 Is $ss % SIS 9S SIS sS $Ss ~
EXPORTS
The foreign commerce Of tho week was As follows
General merchandise. imports including dry goods,
S. 492 $751; produce exports, So 81. oos; specie ex
ports $l,75a,es0
The total imports OF merchandise since January for
this year $l5a $40 49, against $176 1887 for
the corresponding period in 1875. and $2ll, lSaoSl
IA 1874
GOVERNMENT BONDS
These have been in active demand during the week
by institutions private capitalists At nrst they
were strong but later In sympathy with gold. they
declined which induced still further orders that could
not be supplied, owing to the small number Of bonds
Offering
STATE BONDS.
In the bonds OF the southern States there has boon
better demand at nrmcr ngurcs though the dealings
the largest in Tennessees and Lousianas On the
latter interest is now being paid They represent sixty
per by composition OF the original debt OF the
State BY the amendment Of the State constitution,
ratified by the people, the whole State debt Is limited
70 SIS 600 000 The old debt is being consolidated NJ
the sixty cent and tins $l5 000 900 prov-
sion will more than the outstanding bonds. The
inquiry for Missouri bonds brought the price Of PLAIN
SKIES 10 lOS The District OF Columbia 65s were arm,
and advanced tho passage OF bill making standing
urny for q q
preparation
RAILROAD BONDS
These maintained stesdiness and some instances,
as for Instance the lines involved In the present
rivalry for strong and active. Tho Paehc
issues were higher Capital is evidently seeking in
this class OF securities chance for employment, and
good bonds will reap the benefit
MINING STATISTICS
Until within very recent period Il has been the
common opinion OF those who have not acquainted
themselves with the statistics Of the business that
mining the precious metals is the most hazardous,
and upon the average the least remuneratve Of all
industrial pursuits We commend to such still hold
to that Wow the following excerpt from trustworthy
authority. The allowance for expenditures seems 10
be liberal while the figures 10 the production arc
actual and apparently lndisputable
.By careful search among the records os all gold and
silver mining companies Incorporated in the United
States estimated that about 5000, 600 900
have been subscribed toward mining and milling CON-
panies tho time Of the discovery OF gold in Calf
iorna up 70 the beginning Of 1875 This figure repre-
sents the total capital stock and oil all
companies Of which record be found About sixty
per Of this ngure $780, ooO, 600, was paid in
CASH the balance still remains paper. Now what
have been the resutss The following viii show ap-
proxmately the whole thing
Bullion produced. 81 6sS, 600 600
Intrinsic value OF mineral lands working
up 1875 only, counting the produc
tion rs proht Of ten per cent per al.
mum ..................... JoV,UOV,ouo
Total. 50, .as, ooo 900
Actual capital invested. ............ 800 600 600
Estimated value surface improvements 200 600 900
Labor OF II, 900 men at 81 per day for 70
years. SU,O oOOVO
Total. .................. $500 600 600
Profit during rs years. LOIS COO 600
Total. ", Az, OOOOOO
-or a little than $50, oOo 600 per year part OF
this being permanent mprovemeutl, which, upon
Of $500 ooo represents profit of about
per per annum from the date ofthe dis
covery OF gold in ls49 till 1872
COINAGE PRODUCTS
The coinage Of the Philadelphia, San Francisco and
Carson City mnts for i've months amounted to
s25, 92o, 4s2 The coinage for May iollows:-
San Francisco Mint. Sl4 900
Philadelphia. Jul $50
Carson. 5Sl, 100
Total. 81, $685. $40
The treasure shipments from San Francisco 10 China
and Japan, by the steamer Gaelic, follows
Mexican dollars. $685. z17
Trade dollars. 364 42S
silver OaTs 90 los
Gold coin ........................... I,Il6
Gold dust $3.50
Total. $3.50, lag
Tho daily product Of the principal mines on the
Comstock lode is reported to be a. follows
Tons
Consolidated Virginia 500
Becher 400
California $50
Ophir Observation-Disclosures. 800
Crown Point. $50
Justice 100
Chol!ar- Polosi ACKNOWLEDGEMENTS. 100
MEMORANDA.