Total entered at the port $17,067,031 $14,388,565 $11,671,500 $9,982,557 This falling off in the imports has resulted, of course, in a corresponding decrease in the receipts for duties, amounting at the port of New York to a decline of $2,991,284 93 from the preceding year. We annex a comparison for three years, beginning each year on the first of July :- While the imports at the port, where more than three-fifths of the whole revenue is received, have thus declined, the exports have been without material change. The shipments of specie from New York to foreign ports have increased $10,650,972, and of foreign free goods, $389,825; while domestic produce, exclusive of specie, has fallen off $8,643,221, and foreign dutiable goods, $1,162,958; leaving a net increase over the preceding fiscal year of $1,233,825. The decline in the exports of domestic produce occurred previous to the 1st of January; for the last six months the shipments were $24,478,521, against $24,488,201 for the corresponding period of 1851, being a difference of only $10,000. We annex a monthly statement for the entire fiscal year, with a comparison of the totals for the last two years: EXPORTS FROM NEW YORK to foreign pORTS FOR THE FISCAL YEAR ENDING JUNE 30, 1852. Total ...... Do. 1850-51 .... $38,853,757 $4,461,885 $871 687 $37,273,703 $81,461,032 47,496,978 5,624,843 482,655 26,622,731 80,227,207 We continue our monthly statement of the comparative exports of some of the leading articles of domestic produce from New York to foreign ports, from January 1st to July 17th, inclusive : It will be seen from the above that the exports of cereals, with the single exception of Indian corn, are considerably in advance of last year. There is a falling off in the shipments of oils of over three-quarters of a million of gallons, owing to the high prices occasioned by the disasters among our whale fisheries. In several items of provisions there is also a decline, although there is an in crease in beef equal to 11,294 barrels, the tes. and bbls. in our statement being all reduced to the latter denomination. We cannot forbear, in conclusion, from warning the public against irresponsi ble associations of every description, which have sprung up all over the country, their success in imposture being almost guarantied by an easy money market, and the prevalence of a prosperous business. They swindle the emigrant and the immigrant; they sell "tickets" of passage to any part of the globe, and contract with parties here to bring their friends from abroad, in both cases defrauding their victims out of the whole or a good share of their money. They spring up in the merchandise line, and buy goods on credit that will never run out. They buy and sell land-warrants, locate grants, and collect pensions. They sell lottery tickets, pin.chbeck watches, and galvanized pencil cases. Some of them take the form of building associations, where, in imitation of a few (how few!) really useful institutions of this class, they profess the most generous designs, but pocket the money of the gullible. They are multifarious in their plans and professions, but they all agree in real purpose; their methods of oper ation are new, but their principles are ancient; their whole system is but pocketbook dropping, or thimble-rigging on an enlarged scale, with fresh apparatus. Akin to this class, if not of it, are some new banking associations professedly located in the District of Columbia. They may be controlled by honorable men, but they are based on a system as rotten and irresponsible as the veriest humbug by which honest men were ever cheared out of their money. To avoid these impositions the only safe policy in every department of business is to follow only the legitimate trade; to reject all flattering overtures or offered serviees, which promise golden returns for trifling investments. There is no royal road to fortune; and if any offer, it is sure to be a decoy; those who wish to be on the top of the mountain, must needs bear the toil of the climbing. JOURNAL OF BANKING, CURRENCY, AND FINANCE. AVERAGE DIVIDENDS OF BOSTON BANKS. The following statement, for which we are indebted to Mr. Foxcroft, exhibits the annual average dividends paid by twenty-three Boston banks, during fifteen years ending with 1851: The above named are the only city banks that have been in operation throughout the last fifteen years. There were, in 1837, thirty-four banks in operation, but since then, eleven of them have closed up their affairs. Nine others have taken their places -there being now thirty-two banks established in Boston. 6 1-30 6 9-30 5 7-30 THE PRECIOUS METALS. We present herewith a statement of the deposits and coinage of the precious metals at the United States Mint and branches, from the date of their organization down to the 1st of June, 1852. It will be seen that the receipts of domestic gold continue to increase, although not in as great a ratio as during the last year. How long it will be before the maximum is reached, it is of course impossible to tell. If the quartz rock in California is as rich as represented, it is possible that the quantity produced will be farther increased during the coming year. Our own impression has been that $50,000,000 per annum is the largest yield which can reasonably be expected, and that even this amount will not be continued for many years. The recent discoveries of gold in Australia may be but the prelude to other more startling developments of mineral treasure, in quarters where no search has yet been made, but we have no fears that it will be found in such quantities as greatly to depreciate in value, or to seriously impair the security of existing investments in other species of property. The impetus which it gives to production, will create a demand for fully as much capital as it will furnish, and thus the equilibrium between supply and demand be undisturbed. The Crescent City arrived recently with about $2,500,000 in gold dust, being one of the largest freights ever brought from that quarter. This will make the receipts here since the first of June, about $7,250,000, as $4,770,000 have already been deposited at the Philadelphia Mint. We are greatly indebted to R. Patterson, Esq., of the Philadelphia Mint, for his kindness in assisting to complete our tables, and for much valuable information heretofore furnished upon this subject. It will be remembered that the coinage at the Philadelphia Mint commenced in 1793, and at the branch mints in 1888. The Philadelphia Mint coins gold, silver, and copper; the New Orleans only gold and silver; and the other branches only gold. STATEMENT OF THE COINAGE OF THE MINT OF THE UNITED STATES, AND ITS BRANCHES FROM THEIR ORGANIZATION TO MAY 31ST, 1852. Periods. PHILADELPHIA MINT. Gold. Silver. Copper. To the close of 1847 $52,741,850 00 $62,748,211 90 $1,145,591 21 Total coinage. $116,635,153 11 Do. 1848.. 2,780,930 00 420,050 00 64,157 99 3,265,137 99 Total....... Periods. $162,078,382 50 $65,191,260 90 $1,420,925 19 £228,690,568 59 |