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Official Report of Gold Deposits, 1854 (Hayward)

Gazetteer/Almanac

John Hayward, Gazetteer of the United States of America... (Philadelphia: James L. Gihon, 1854), 566.

Official Report of Deposits of Gold from California.
At the various U. S. mints in 1848, $44,177
"        "         "        "          1849, 6,147,509 
"        "         "        "          1850, 36,074,062
"        "         "        "          1851, 55,938,232
Manifested shipments to U. S. ports in December, 1851, which did not reach the mints in 1851, . . . . 2,910,214
Importations into Chili in1851, by official returnsfrom that country, . . $2,372,000
Shipments per steamers in1851, on freight to Europeand various countries,not including Chili,via Panama, so far as destination was declared on manifests, .... $3,600,000
Add estimate of shipments by the same course and to same quarters in 1851, for which the destination beyond Panama was not declared — 50 per cent, of above, ... 1,800,000
Known shipments by sailing vessels in 1851, to various foreign ports, ... 1,000.000
Add for amount not manifested, believed to be as large as....  1,000,000                                                                                                                                                              
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Total estimate of exportation to foreign countries in 1851. .... 9,772,000

The early foreign trade was very large, particularly in 1849, from Pacific ports. Remittances in this early trade were made chiefly in gold dust. The aggregate shipment to foreign countries for 1848, 1849, and 1850, is therefore assumed for the 3 years to be as large as that of 1851, .... 9,772,000

Total estimate of exports to foreign countries to December 31, 1851, which would not reach U. States mint, .... 19,544,000
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120,658,194

Estimated amount taken overland to Mexico, and by passengers to Europe, East Indies, Australia, South America, (exclusive of Chili,) manufactured in California and United States, and otherwise retained by individuals leaving the country, and therefore not represented in the mint deposits, say 5 per cent, on above, .... 6,032,909

In hands of bankers, merchants, and traders in San Francisco, per tabular statement prepared December 31, 1851, .... 5,000,000

Estimated half month's yield at mines not brought forward December, 1851, say, 2,500,000 In hands of bankers and traders in other
parts of California and Oregon, December 31, 1851, .....  2,500,000

In circulation—gold dust and California private coin, estimated at $20 per individual, and population estimated at 212,000, ....... 4,240,000
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Estimated product to December 31, 1851.... 140,931,103 

Estimated product from January 1 to June 30, 1852, .... 33,849,774                                                                              
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Total estimated product to June 30, 1852, .  .   .   .   .  $174,780,877 

How to Cite This Page: "Official Report of Gold Deposits, 1854 (Hayward)," House Divided: The Civil War Research Engine at Dickinson College, http://hd.housedivided.dickinson.edu/node/18297.