DEPOSITS OF AMERICAN GOLD FOR COINAGE. STATEMENT OF THE AMOUNT OF GOLD DEPOSITED AT THE MINT OF THE UNITED STATES AND ITS BRANCHES, FROM MINES IN THE UNITED STATES, TO OCTOBER 31, 1850, DERIVED FROM THE REPORT OF THE SECRETARY OF THE TREASURY. SUMMARY STATEMENT OF THE COINAGE OF THE MINT AND BRANCHES, TO OCTOBER 31, 1850, Total.....108,482,120 50 76,807,311 90 1,283,301 75 365,055,884 186,572,734 15 Coinage was commenced at the Mint in Philadelphia, 1793, and at the branches in New Orleans, Charlotte, and Dahlonega in 1838. SUMMARY STATEMENT OF THE DEPOSITS OF DOMESTIC GOLD AT THE MINT OF THE UNITED STATES AND BRANCHES, TO OCTOBER 31, 1850. Our readers are referred to the table, in the present number of the Merchants' Magazine, for a detailed statement of the operations of the Mint at Philadelphia, and the different branches from the time they were respectively established, down to the 30th of October, 1850. Mr. Corwin, the Secretary of the Treasury, in his annual report published Dec. 18th, 1850, says:— "The amount of coinage at the mint in Philadelphia during the month just past, has exceeded four millions of dollars; and, if the experiments now progressing under the authority of Congress for testing a new process of assaying should equal the expectations which have been formed respecting it, the capabilities of that establishment will be extended to the coinage of eight millions monthly; and, with the branch mint at New Orleans, will be fully able to furnish coin without any unreasonable delay, for all the future probable receipts of gold and bullion. In order, however, that the receivers of the precious metals from abroad, and particularly at New York, where the greater portion of them arrive, may the more promptly and without expense realize the amount, I would recommend to Congress that this Department should be authorized to receive all gold or silver bullion intended for recoinage, and so soon as it could be assayed and the correct value of it ascertained, that mint certificates should be issued for the same in convenient sums, at the option of the owners, which certificates should be made receivable for all dues to the United States, the government being at the expense of conveying such bullion to the mint for coinage. Under this system the holders of bullion would always realize the full value, without abatement or discount, so soon as it was assayed, which generally would be in a few days, and without waiting until it was actually coined. Such certificates would be freely received on deposit as specie, by all the banks of the country, to be paid out to their customers who might have duties to pay into the public treasury, and would greatly facilitate such payments by avoiding the constant counting and re-counting of large amounts of coin for the purpose." IMPORT AND EXPORT OF COIN AND BULLION. A STATEMENT EXHIBITING THE AMOUNT OF COIN AND BULLION IMPORTED AND EXPORTED ANNUALLY, FROM 1821 TO 1850, INCLUSIVE; AND, ALSO, THE AMOUNT OF IMPORTATION OVER EXPORTATION, AND OF EXPORTATION OVER IMPORTATION DURING THE SAME YEARS, DERIVED FROM THE TREASURY DEPARTMENT, REGISTER'S OFFICE, DECEMBER 2, 1850. VALUE OF TAXABLE PROPERTY IN KENTUCKY. In the December number of the Merchants' Magazine, (vol. xxiii., page 676,) we published a statement of the debt and finances of Kentucky, derived from the annual message of the Governor for 1850. We now add a comparative statement of the value of taxable property of that State, for the years 1849 and 1850, as we find it reported by the Second Auditor, as follows: EXPENSES OF THE UNITED STATES MINT AND BRANCHES, IN EACH YEAR, FROM 1794 TO OCTOBER 31ST, 1850. $23,799 22 1814...... Expenditures. | Periods. Expenditures. $11,988 17 1834..... $73,340 00 23,644 44 1835. 182,956 00 45,379 85 36,975 00 32,481 43 1820.. 31,850 00 The following are the rates at which some of the broken banks in New York, Ohio, Pennsylvania, New Jersey, Delaware, Maryland, Rhode Island, and Massachusetts, are selling: EXPENDITURES OF GOVERNMENT OF THE UNITED STATES. STATEMENT OF THE AGGREGATE ANNUAL EXPENSES OF THE GOVERNMENT, EXCLUSIVE OF TRUST FUNDS THE EXPENSES OF THE POST-OFFICE DEPARTMENT, AND THE PAYMENT OF THE PRINCIPAL AND INTEREST OF THE PUBLIC DEBT, AND THE DEBT ASSUMED PER ACT OF 20TH MAY, 1836-FROM 1ST JULY, 1842, TO THE 30TH JUNE, 1850, AND OF THE APPROPRIATIONS OF THE YEAR ENDING 30TH JUNE, 1851. STATEMENT OF THE ANNUAL EXPENSES OF THE GOVERNMENT, EXCLUSIVE OF THE PAYMENTS ON THE ACCOUNT OF THE PUBLIC DEBT, OF TRUST FUNDS, AND OF THE COLLECTION OF THE REVENUE, FROM THE 1ST JANUARY, 1828, TO 31ST DECEMBER, 1845 Expenditures from 1st of January to 31st of December, in each Year. The average annual increase of expenditures from 1828 to 1841 was $943,923 56. The expenditures from 1838 to 1841, were as follows: 1838. $31,468,839 04 1839. 1840. 1841. $25,745,776 28 Showing an annual average expenditure of $26,468,570 73 and a total expenditure for the four years, from 1838 to 1841, inclusive, of $105,874,282 94. The annual average expenditure of the government from 1st of January, 1842, to 31st of December, 1845, was $22,987,411 78; and the total expenditure for same time, $91,949,647 14. THE BANK OF THE STATE OF SOUTH CAROLINA. It appears by a letter of C. M. Furman, Esq., President of this bank, published in a late number of Anderson's Gazette, that the income of last year's operations amounts to $364,825, and deducting $95,000 as arrears derived from business of former years the sum of $269,825 will remain as the profits of the year, which exceeds 8 per cent on the fund used by the bank. "We shall carry," says the President, " to the fund upward of $240,000." Alluding to this statement, the Palmetto State Banner, good authority, remarks: up "Suffice it to say that it affords ample demonstration that the confidence so implicitly placed in this institution by its supporters has not been abused, and that a retrospective view of its course, for the last year, will incontestibly refute the many allegations that have been so zealously advanced against it." |