The herald., 1897-07-27
OFFICE OF THE HERALD.
Los Angeles, July 26, 1897.

80 ~ IVA
1he shiiting nature OIL the oihclal ngures
Oh the golo yleio OF Caiilrnla Tor 1886 is
good ground for critlcism' and the action
OF United states MINT director Preston is
commented upon by the Mining and Scien-
tlnc Press IN vigorous language as follows:
\ \
Mr.. Preston, the director of the Mint of
the United States, has cut down the esti-
mate of the statistician of the gold WELD
of California for 1896 from s17 1871. $50 to s15,-
235. 900. and makes an exclamation that will
not be satisfactory to those familiar with
some of the facts in the case In his letter
to Congressman De Vries, which will be
found in another column, he says that Mr..
Yale's estimate is based solely upon in
formation furnished by superintendents
and owners of mines. postmasters and ex-
press agents. Mr. Yale as an official of the
mint certainly had access to data as to re-
ceipts of bullion at the mint and at the
smelling and refining works. Besides that
he had access to all information of the
State Mining Bureau and brought to his
work long experience. 1t might be per-
tinont enoueh to ask Mr.. Preston why it
was that he accented Mr.. Yales figures
without
were made up from data obtained from the
same sources as those made use OF in 1897.
Certainly the officials of the United States
Mint at washington have had to do with
.ho s+o+is+ios reIatire IN tbs nroduct of
., 80. -, -. ,
me precious 'iietais io"s enousn ~ nave
found some permanent system for gather
ing data. If they are to continue to take
figures gathered in one, way one year and
,,oso aa+horoa II, onothor vov tba rax+
~, - ~ 49,,
if they do not do good work. At a time
when g. r,,,,.i, ,,,,,s5 f. h.i,, ;r,,as4 81 IN
:. - -. 49,
~aiiiorAia nii'es any iis ures suoii do liose
-. o,,,a 49, ,u,,as4au. n,,so rho,.
-
MO" that large sums were inVesteo Ill
California mines in development work and
in the erection of mills, and that more
s+ap,rs were dronninp IN 1905 than in 1905
70 49, tia :. onno,,,,o,d 80 10 aooroosirn
'Ne 10 ON. oo"Ieu ~ 'e "e "'.ns
they will think that California is a de-
clining mining district, when in fact no
condition. That the first figures--$17, ISL.
662 were conservative is the belief of all
who .ro AZ al, familiar with tho industry
$500 ene ' ai,,+,,ad Tiaotr,o so,S aNr - or
Ciant car Powder a 90 n 9o1h Uutcbirson
plantation at oS1h Hawaiian Commercial
Of III Market-sfreat RAILWAY at 46n
Aioska PACKERS, at OH San Francisco
c. n,,a urIotn;o - oon oronih,,s C,abIa &C.
at ia Southern Pacific If Arizona Rail
wav e. Of e775 r. az Snrine VALLEY Water
~ 40 ond c. Trano;soo ond North
pacific Railway Ks at 1921
Stockton school bonds TO the amount of
s15. 900 were sold the oath inst. to the Oak
lank Bank of Savings for a premium of
s725 and accrued interest.
pay for the proposed improvements in the
borough of Manhattan. 1t will be the last
big debt that New York city will contract
before 1t Is merged with the otner districts
that go to make up the greater city, ana
November, just after election, when the
city disposed of more than ST. $1,000 of
bonds.
Tho total ebippnept Of nrapras from
southern California for the season ending
June SOth was 7340 carloads. This does not
include the SHIPMENTS on steamers
Official report Shows sugar imports into
the United States for May to have been
100 1872 Ala pounds raw and So sol, 5s1 pounds
refined or a total of 100 $50, 995 pounds |
valued at sl5,O54,777 against 544 100. 452
pounds for the same month last year, |
valued at $1SS17477 Imports for the first
eleven months of the fiscal year ending
May S1st were as follows:
Raw ...................4,042 6s3175 ISL OPS $50 |
10''''O'OO- ''ia'''''
Total ...............4210 353, 237 $S5, 176 319 |
Same time, 1885, q, 423 704,1 ISL ~ TO5
The proposition to increase the duty |
on sugar had the effect of augmenting the |
imports, as shown above.
o..
The value of the foreign imports of mer- |
chandise at San Francisco for June COM
pare as follows:
1896 ,.,,..........,,,,,.,, 1874 432 |
1897 ........................ a S5S 900 |
-
Increase Observation-Disclosures. 1888 65S |
OF the imports last month the propor- |