following is a continuation of the statement showing the weekly averages of the We annex a statement of the Boston Banks, and also the Banks of the State of Massachusetts, exclusive of Boston: THE FOLLOWING IS A CONTINUATION OF THE WEEKLY COMPARISON OF THE BOSTON THE FOLLOWING WILL EXHIBIT THE CONDITION OF THE 118 COUNTRY BANKS OF MASSA The railroad interest manifests but little radical improvement, and but little can be expected until the system of management is entirely changed. Votes of confidence mean but little, and as long as the directors of any corporation are speculators in its stocks, they will get no credit for any disinterested action. There has been a slight improvement in the market value of stocks and bonds, but the fluctuations from day to day show that even the operators themselves have no confidence in the permanency of the improvement. There will doubtless come a time when we shall learn our true policy in regard to these great works of internal improvement; meanwhile we are taking lessons of experience at a very high cost for tuition, and with a good deal of wholesome enforcement painful as the birch of the schoolmaster. Just now the weight of the railroad interest is underrated, and the credit of these corporations is undervalued. This mighty network of iron has done great things for our country, not only in uniting us more closely together as one people, but also in developing the resources of secluded territory, and opening new avenues of trade and Commerce. If each road could now be managed solely in reference to its corporate prosperity, there are few lines which would not pay some return for the investment.. The production of gold in California shows no decrease, and a large share finds its way to the Atlantic States, considering the slack trade between the two oceans. The mint is now in operation at San Francisco, and part of the shipments of gold from thence is now in coin. DEPOSITS AND COINAGE AT PHILADELPHIA AND NEW ORLEANS MINTS. The Assay Office at New York is not yet fully in operation, but the arrange ments for commencing are about completed. The foreign imports continue very large. At New York the total for August is $2,890,359 larger than for August, 1853; $7,775,445 larger than for the same month of 1852; and $9,622,203 larger than for August, 1851, as will appear from the following comparison: IMPORTS OF FOREIGN MERCHANDISE AT NEW YORK FOR THE MONTH OF AUGUST. Total entered at the port ..... $13,461,930 $15,308,688 $20,193,774 $23,084,133 Withdrawn from warehouse... 1,252,245 1,329,991 1,745,864 3,038,056 It will be seen that the entries for warehousing have nearly doubled, but the withdrawals from warehouse have also largely increased, so that the stock of many descriptions of merchandise is no larger than on the opening of the month. The total imports at New York now show but a trifling variation from the corresponding total of last year, the falling off during the spring having been entirely recovered. The aggregate is $17,054 larger than for the first eight months of last year; $48,579,286 larger than for the same time in 1852 ; $37,768,521 larger than for the same time in 1851; and $35,447,666 larger than for the same time in 1850. IMPORTS OF FOREIGN MERCHANDISE AT NEW YORK FOR EIGHT MONTH, FROM Entered for consumption...... $82,041,898 $72,209,450 $110,347,159 $102,181,108 Entered for warehousing Free goods... Specie and bullion....... Total entered at the port...... 100,357,837 89,546,572 138,108,804 138,125,858 Withdrawn from warehouse... 8,132,230 10,952,568 9,972,966 14,382,932 The excess, as compared with last year, is very trifling, but last year showed an increase of more than 50 per cent over the preceding, and the continuation of such heavy imports would be matter of astonishment, did we not know that, as far as manufactured goods are concerned, there is no market for them in Europe, and, having been made, they must be sold at some cost, and therefore are poured in upon our shores. About half of the imports consist of dry goods, and we annex the particulars:— IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR THE MONTH OF AUGUST. Total thrown upon the market. $6,683,266 $8,148,210 $9,922,215 $11,383,234 Total entered at the port ..... $7,200,591 $7,879,881 $9,926,386 $11,589,088 We also annex a comparison of the same items for the first eight months of the year: IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR EIGHT MONTHS, FROM JANUARY 1ST. ENTERED FOR CONSUMPTION. Total.... WITHDRAWN FROM WAREHOUSE. $4,047,759 $4,982,113 $3,830,014 $7,926,032 Add entered for consumption.... 44,235,721 38,966,790 62,790,972 56,821,932 Total thrown on the market. $48,283,480 $48,948,903 $66,530,986 $64,747,964 Total.. $5,205,087 $3,907,385 $4,647,033 $10,076,149 Add entered for consumption.... 44,235,721 38,966,790 62,700,972 56,821,932 Total entered at the port... $49,440,808 $42,874,175 $67,348,005 $66,898,081 It will be seen that in dry goods as in general merchandise, during the last eight months, the total entered directly for consumption has diminished, while the total warehoused has largely increased. The stock does not, however, remain in warehouse. A much larger portion than usual has been withdrawn for consumption, while considerable amounts have been distributed through other ports, to which they have been taken in bond. The cash duties being collected only on the goods entered directly for consumption or withdrawn from warehouse for that purpose, do not show an increase corresponding to the imports. The following is the comparative total at New York: CASH DUTIES RECEIVED AT NEW YORK. 1851. 1852. 1853. 25,807,436 65 1854. $5,214,629 78 28,783,706 54 In August...... $3,234,764 21 REVENUE COLLECTED IN BOSTON FOR THE MONTH OF AUGUST. The receipts for duties at the custom house in Philadelphia, for the month of August, amounted to $601,153 70, against $515,512 10 in the corresponding month last year. The following is a comparative statement of the receipts for eight months in the present and past two years :- The annual statement of the imports and exports at New Orleans will be found in another part of the Magazine. The high prices of domestic produce, and the scarcity of shipping parcels at the seaboard, have continued to operate against the export trade. The total shipments, however, exclusive of specie, in August, are $258.786 larger than for August 1853, $2,648,484 larger than for August 1852, and $1,639,629 larger than the same period of 1851. The exports of specie during the month have also largely increased, and have continued very heavy ever since. By the following comparison it will be seen that the increase as compared with last year was all in foreign produce. |