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Show PRECIOUS METALS. The bo'lion production of the PaeiOc States and Territories for 1Su9 and I IsTO, aggregated from $70,0th,0'0 to $75,000,000. There is reason lo be licve that last year it reached $S'V 0'KJ,0o0, and there is good ground l'or expecting that this year it "will agcre-gate agcre-gate from $$o,0o0,0u0 to 'AVam.iW, and may possibly reach SIOO.iaiO.OjO. The recent developments on the Corn-stock Corn-stock lode have imparted new confidence confi-dence in the continued permanency of the ore veins and demonstrated the lode to be the most important silver-bearing silver-bearing one yet discovered. The production pro-duction of the Comstock lode in 1671 is estimated to have reached $12,6u0,-000, $12,6u0,-000, and will probably exceed that amonn: this year. Up to the midd c of last August twelve of the leading claims of the lode had produced over $4,000,000, exclusive of the Juu?, July and August production of the Belcher and Crown Point mines, the fiscal reports of these claims closing with May. The same claims had paid their stockholders $Jn,000.000 in dividends, divi-dends, and assessed them $7,235,UO0 during the same interval. The market mar-ket value of the claims at the time the table was compiled, was $10,S.S,OUO, showing that they had returned iheir owners about twenty per cent, por annum an-num on their investments. The London Mining Journal gives I he names of twenty-five claims on the Pacific coist which arc owned and operated by English companies. Seven ol' these claims are in California, eight in Nevada, four in I'tah and six in Colorado. The nominal capital ol these claims is $25,000,000. The Sil ver Star of Nevada, included in the list, with a capital of $l,j00 000, is evidently evi-dently an error, and probably refers to a group ol Utah mines, one of which bore that name, and which group was sold to an English company for $450,-000. $450,-000. Allowing for the error, the nominal nomi-nal capital invested is reduced to $1S,-000,000, $1S,-000,000, one-fourth of which has probably pro-bably been paid up in cash by the owners. Several mines not included in the table referred to have been sold to English oompanys during the past year, as follows: Silver Cloud, Utah, $350,000 ; Independence, California. $1200,000 ; North America (drift gravel claim), California, with a capital of $-100,000, $50,000 of whieh is lor working work-ing purposes; Dunderherg, Calitornia, $150,000; Ferguson, California, $100,-000; $100,-000; Schenectady and other claim,--, Arizona, $100,000. In addition, it is well known that English parties are negotiating for several other mines, including in-cluding the North liioomfieid, at about $100,000 ; Dardenelles, $.-.00,000 ; and Redding ton QuickC. ver tor 1,000,-000. 1,000,-000. Commercial JJemhl,Smi Fran-cinco. |