JOURNAL OF BANKING, CURRENCY, AND FINANCE. SHIPMENTS OF GOLD DUST FROM SAN FRANCISCO. OFFICE OF ADAMS & Co., SAN FRANCISCO, August 14, 1852. TO FREEMAN HUNT, Editor of the Merchants' Magazine: DEAR SIR:-We take the liberty of inclosing to you our semi-annual statement of the gold dust and treasure shipped from this port. You will notice quite a discrepancy between the amounts shipped by our table and the reports from the customhouse books. This can be easily understood when the fact is known, that the shipping manifest is invariably guessed at, and the ship cleared before all the treasure is shipped. This, with the companies' steamers, may not be done on purpose-with others, it is often done so. Quite a quantity of ingots have been shipped as dust, and no mention made of them separately. We shall obtain, however, by and by, a partial return. The bars included in the dust shipment should be properly included there. Not so the ingots, which might thereby be twice reckoned in estimating the product of gold for this year. Yours truly, ADAMS & CO., BY J. C. WOODS. The following tables contain full statements of all treasure, in dust, Federal and foreign currency, forwarded hence by steamers and sailing vessels, each in separate order, from January 1 to July 1, 1852, with the particular amount, date, and destination of each shipment-being a direct sequence of similar tables compiled by the same firm, (already published,) for the period ending January, 1852. These statements are compiled very carefully, and may be received as perfectly reliable : STATEMENT Of gold dust MANIFESTED AND SHIPPED FROM SAN FRANCISCO, BY STEAMERS, FROM JANUARY 1 TO JULY 1, 1852. STATEMENT OF TREASURE MANIFESTED AND SHIPPED FROM SAN FRANCISCO, BY SAILING VESSELS, FROM JANUARY 1 TO JULY 1, 1852. Date. 7,213 $4,215 18,000 18,000 49,850 Name of vessel, destination, and nation. Feb. 5, Brig Argyle, Hong Kong, American. $16,000 9, Ship Comet, Hong Kong, American 19, Bark Sophia, Valparaiso, Hamburg. 28, Ship St. Lawrence, Manilla, Amer.. 28, Sword Fish, Hong Kong, American. Mar. 1, Sch. Diana, Valparaiso, Dutch.... 17, Brig Marion, Punta Arenas, Amer.. 19, Ship Hannibal, Calcutta, American. 24, Bark Mazeppa, Valparaiso, Amer.. Apr.13 Ship Hamburg, Hong Kong, British. 22, Bark Walter, Ports in China, Germ. 27, Ship Challenge, Hong Kong, Germ. May 10 Ship Sartelle, Calcutta, German... 11, Brig Zoe, Honolulu, German* 14, Maid of Julpha, Isle of Pacific, British 15, Ship Invincible, Hong Kong, Amer. 17, Bark A. Gracia, Guaymas, Amer.. 26, Brig Sabrina, Java, Britisht... 28, Ship Witchcraft, Hong Kong, Amer. June 2, Ship Tarolinta, Shanghae, American 15, Sir Geo. Pollock, Hong Kong, British July 1, Bark Palmetto, Shanghae, American Total.. 3,115 Prem. on Total amount of treasure. $16,000 4a 5 ..... 2,500 2,500 17 40 9,549 9,549 17 25 28.000 60,000 11,000 1,000 16,250 16,250 5 a 6 5 ав 15,000 8,000 15,000 5,000 17,000 20,000 838,577 72,264 196,313 54,000 CAPITAL AND DIVIDENDS OF BOSTON BANKS, IN OCTOBER, 1852. STEPHEN BROWN & SONS, Stock and Exchange Brokers, Boston, report the following table of semi-annual dividends, declared and payable by the several Banks in Boston on Monday, October 4th, 1852: The Randolph Bank pays a semi-annual dividend of 5 per cent, on Monday, Oct. 4. The amount of capital of all the banks in Boston in October, 1851, was $23,660,000. The amount as above stated, $24,660,000, shows an increase of bank capital since October, 1851, of $100,000,000. * 11,000 ingots. The Cochituate Bank pay on $100,000 increase capital since last dividend. UNITED STATES TREASURER'S STATEMENT, SEPTEMBER 27, 1852. TREASURER'S STATEMENT, SHOWING THE AMOUNT AT HIS CREDIT IN THE TREASURY, WITH ASSISTANT TREASURERS AND DESIGNATED DEPOSITARIES, AND IN THE MINT AND BRANCHES, BY RETURNS RECEIVED TO MONDAY, SEPTEMBER 27, 1852; THE AMOUNT FOR WHICH DRAFTS HAVE BEEN ISSUED, BUT WERE THEN UNPAID, AND THE AMOUNT THEN REMAINING SUBJECT TO DRAFT. SHOWING, ALSO, THE AMOUNT OF FUTURE TRANSFERS TO AND FROM DEPOSITARIES, AS ORDERED BY THE SECRETARY OF THE TREASURY. Transfers ordered to treasury of the U. S., Washington, D. C.... $700,000 00 100,000 00 400,000 00 180,000 00 100,000 00 Total...... $1,480,000 00 Transfers ordered from Mint of the U. S., Philadelphia, Pa...... BANK-NOTES OF THE OLDEN TIMES. 2,500 00 There lies before us, says the Commercial Advertiser, a bank-note for fifty dollars, of the Bank of Rhode Island, dated at Newport on the 8th of January, 1796, and signed "Chris. Champlin, President"-" M. Seiscas, Cashier." The history of this note is remarkable. About three years ago, this and another bill for the same amount were presented at the bank for payment, having been placed in the Suffolk Bank, Boston, for collection. One of them was dated in 1795, and was the first bill ever issued by the Bank of Rhode Island. No bills of the kind had been issued for thirty-five years previously, and the presentation of these at the bank was of course unexpected. They were, however, promptly redeemed, and their history elicited. They were found among the effects of an old man, who had recently died at Salem, Mass., who lived in poverty, and who probably believed the bills to be worthless, as they were found in a package of others of broken banks. The presidency and cashiership of the Bank of Rhode Island have been held in the same family for half a century, Mr. Peleg Clarke being now president, and Mr. W. A. Clarke cashier. We know of no older incorporated institution in New England,* except the Washington Insurance Company of Providence, chartered in 1787, of which the venerable Sullivan Dorr is still the president. We have also before us another money relic, dated April 12, 1760, being a bill for "three pounds," which “by law shall pass current in New Jersey for eight ounces and fifteen pennyweights of plate." It is printed in red ink, on thick paper, and is about three inches and a half long by an inch and three-quarters broad. The signatures are nearly effaced. STATISTICS OF THE DEBT OF GREAT BRITAIN. The London Times publishes the following statement relative to the national debt of Great Britain : : A Parliamentary return in relation to the public debt gives the following particulars of its variations during the last thirty years, both as regards the amount of principal and the annual cost for the payment of interest. It will be seen that the reduction in the principal effected during that period has been only £50,000,000, or 6 per cent, but that as regards the annual charge for interest, in has been £3,326,424, or nearly 11 per cent. The lowest point at which the national debt ever stood of late years was in 1834, when it had declined to £772,196,849, or to ten millions below the sum at which it now stands, the emancipation loan in 1835, and the Irish famine loan in 1847, having far more than counterbalanced all subsequent reductions. It is to be remarked, however, that owing to the conversion of the three-and-a-half per cents, and the low rates paid upon the unfunded debt, &c., the actual cost of these obligations is now smaller than at that period. During the next seven or eight years this charge will experience a further diminution of £2,207,500, of which £600,000 will take place by the three-and-a-quarter per cents becoming three-per-cents in October, 1854, while the cessation of the remaining will occur through the expiry of the long annuities in January, 1860, for £1.293,500, and of other annuities, amounting to £1,314,000, during the intervening time. The annuity held by the bank for £585,700 does not terminate till 1867. The unfunded debt, which is included in the subjoined totals, was less in 1851 than in any other year of the series, its amount being £17,742,800. In 1822 it was as high as £36,281,150: The Massachusetts Bank, in Boston, is an older institution, having been chartered in 1784; and the Union Bank, in Boston, in the year 1792.-EDITOR. REVENUE OF THE PROVINCE OF NEW BRUNSWICK. ST. JOHN, September 20, 1852. FREEMAN HUNT, Editor of the Merchants' Magazine, etc. :— DEAR SIR-If the inclosed is of any service to you please publish it. The pound is equal to four dollars American. The Loan Fund is to pay off the Province debt, and is raised by levying 1 per cent upon all British and foreign manufactured articles, also pepper and spices imported into the Province. The Auction Tax is a duty of 1 per cent upon all goods sold at auction, except sheriffs' sales, household furniture, effects of deceased persons, underwriters' sales, salt and coals. Your obd't serv't, R. S. ABSTRACT OF THE REVENUE OF THE PROVINCE OF NEW BRUNSWICK FOR THE YEAR 1850, THE LAST YEAR'S REVENUE AS YET RETURNED. Loan Import duty. Saint John... £4,824 12 £55,824 .4 £10,903 2 £2,698 18 £876 9 £79,469 11 Total... £6,146 8 £71,447 12 £16,901 8 £3,571 18 £1,665 8 £104,089 9 Increase of revenue over 1849 is £8,552 12 2. In addition to the revenue received from the sources specified above, that derived from other sources for the entire Province is as follows: We have These sums are included in the column of "total" in the above table. also omitted, for the sake of convenience, the pence in the table which will make a trifling difference in the totals. DIVIDENDS OF THE BANK OF ENGLAND, The semi-annual dividend of the Bank of England was 3 per cent, as declared on the 16th September, which is a reduction of per cent from the previous six months. The reduced dividends is said to be owing to the cheapness of money, and the difficulty of lending it except at very low rates. There was a rumor prevalent in London that loans as government securities would be reduced from 2 per cent to 14 per cent per annum. The Bank of England was making arrangements to augment the stock of silver for circulation, which had recently become very much reduced by the emigration to Australia and elsewhere. At the meeting of the Bank of England, the question of electing a permanent governor, was under discussion. |