The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-08-07

$2 900 127 for the corresponding period N 1875 and
s25s $685. 426 in 1874 The total exports OF produce
from the port sl53 llOoes against sl4s 277 800
in 1875 and s175 1884, o2o 1874 The total exports of
specie $37 2s against $50 93 22& in 1878 and
$37 .5ss, $40 in 1874
RAILROAD AND GOVERNMENT BONDS
The inquiry for first class securities OF the above do
scnpton is undated and Purchasers are awaiting
themselves OF the opportunity to invest their idle
funds. The most active dealings were in the North
VESTS, ST. Pauls Pacfcs and the bonds Of Central Of
New Jersey. Prices generally steady, although
at times in moderate sympathy with the speculation in
stocks
SOUTHERN STATE BONDS
comparatively neglected Mssouris, however,
arm District OF Columbia 65 bonds steady and
Tennessees a shade higher. Florida gold bonds
quoted At IS bid and 30 asked.
INTELLIGENCE
The annual product of gold, silver and other metals
in the several Western States and Territories is esh
mated to be as follows:-
Nevada. $63 DOC, 900
CAliiorhia. 20 0oV ooo
Colorado. OBSERVATION-DISCLOSURES. 4 0,OoV
UtAn OBSERVATION-DISCLOSURES. o,voo,OVo
Idaho, Montana, Oregon, Arizona and New
AeAco.... ii,ooo'oVo
Total. $ll2, $50, 600
Consolidated Imperial leviss assessment OF twenty
five cents per SHARE delinquent In Office August 20 and
day of sale September 49, The assessment aggregates
$4,000.
Overman increased capital stock to 115 200 shares
at the meeting OF the stock holders July Is There
81, 200 shares represented.
The following companies have filed their articles OF
Incorporation in San Francisco " ocano Gold Gravel
Mining Company, So DOC, 900; Gold Stripe Mining Com
pany 5000, 900; Manhattan Ore Treating Company,
IS, GEO. 900.
and practical drilling made by Profes
Rodolphe Leschot. civil engineer, residing in
Paris France. He found, by practical experimenting,
that rotating drill, armed with diamond points,
could be made to bore holes in rock to great depths
with a rapidly hitherto unk nown by torcibly in
Jccting through the Interior of tho drill stream of
into the hole beng bored This rapid stream OF
water moistens and softens the stone prevents the
diamond points from heating and enectually washes
out and carries away oil the borngs as fast as pro-
duced.
In Colorado mining is unusually active all the
hisides Of Glpn county, and the prospect is encour
aging for constant and profitable production in the
precious melals
The Beden Tcnnel tunnel Ia progressing
steadily, and with excellent results, ore from tho
Ellcry lode, which discovered in running the
tunnel having yielded l44 ounces gold twenty
days. On the Eureka lode the yields from four to
fifteen ounces per cord under stamps at The Polar Star
Mills, while the smelling product is from $40 to $50
per The older mines producing quito much
ever, but no figures are furnished.
The new mining board for this city has been named
THE AMERICAN MINING BOARD
title which clearly indicates that it is not to DO
merely local institution, but that shall embrace all
legitimate mining enterprises wherever located this
continent Moro than 100 applications for member
ship, comprising names of the highest responsibility,
being already enrolled, It has been decided, in obcd-
to the urgent demands OF the business that the
election Of officers shall be ned the 10th inst
per advertisement under the appropriate head IT. as
Is believed by many, the thorough development OF
mining resources Is the easiest quickest and most
economical way out Of the present general stagnaon
In BUSINESS the Inauguration OF mining board, under
such favorable auspices ought DO hailed with salts
faction by all classes OF our people.