MINT LAW OF NEW YORK.

The following act, "to exempt the Mint or Branch Mint of the United States, in the city of New York, from tax or assessment," was passed March 3, 1852, by the "people of the State of New York, represented in Senate and Assembly," in anticipation of the establishment of a branch mint in the city of New York:

SECTION 1. No tax or assessment shall at any time be imposed, assessed, or collected upon the Mint or Branch Mint of the United States which may be authorized by act of Congress to be established in the city of New York; neither upon the land on which the buildings used or to be used therefor shall or may be erected, nor upon the buildings used or to be used therefor, nor upon the machinery used or to be used therein, nor upon bullion or metal deposited for coinage, nor upon coin deposited for recoinage, nor upon coin stamped at said Mint or Branch Mint of the United States in the city of New York.

This act will take effect after the removal of the Mint of the United States, or as soon as a Branch Mint is established in the city of New York by an act of Congress, should (as most probably will) such an event transpire.

WHAT ARE CONSOLS?

Every one who reads the accounts of the European money markets, no doubt, desires to know what "consols" are; and here we have the thing correctly explained, we know not by whom :-"They are 3 per cent English stocks, which had its origin in an act of the British Parliament, consolidating (hence the name) several separate government stocks into one general stock, called in the act, "Consolidated Annuities," and commonly quoted, for brevity, as "consols." When the consolidation took place, the principal of the several funds, thus merged, amounted to £9,137,821; but, by the funding of additional and subsequent loans and parts of loans into this stock, it amounted, on the 5th of January, 1836, to £356,768,258. Since that period, only one loan has been raised, that for compensation to the West India planters, on the emancipation of the slaves-£20,000,000-and a few millions have been paid off. The total at the present time, is between three hundred and seventy and three hundred and seventy-five millions. This stock, from its amount and the immense number of its holders, is more sensitive to financial influences than any other, and is, therefore, the favorite stock for the operations of speculators and jobbers. Its dividends are payable semi-annually."

SHIPMENTS OF GOLD DUST AT SAN FRANCISCO.

The following amounts of gold dust have been exported from San Francisco during the month of March, 1852, as per manifests deposited at the Custom-House:

The Alta California says, "It would be a very moderate estimate to say that half a million has left the country in the hands of passengers during the same period; which would make over $3,000,000 exported during the first half the month!"

FINANCES OF NEW JERSEY IN 1852.

From the Message of Governor Fort to the Legislature of New Jersey, we take the subjoined summary of the finances of that State :

The receipts into the Treasury during the year were $139,166,20, which, with $13,002 30 on hand January 1st, 1851, makes the available funds $152,168 50. The disbursements for ordinary expenses of government $84,792 00. For State Institutions $66,112 69, leaving a balance in the Treasury of $1,263 12. The total revenue for 1852 is estimated at $136,648 13, and the disbursements $135,570 00, leaving a balance in the Treasury of $1,078 13.

The State owes the School Fund $36,346 07, and there is a State loan due and unpaid of $35,000, making a total indebtedness of $71,346 07. There is a contingent fund of $200,000, being the amount of stock owned by the State in the Camden and Amboy Railroad, and Delaware and Raritan Canal. The amount of the Free School Fund is $371,091 06, the increase last year being $1,161 25. There is due to said fund from insolvent banks $11,169 85. If the amount due the School fund were added to its present capital it would amount to $407,437 13.

A METHOD OF COMPUTING INTEREST.

A correspondent of the Baltimore Sun communicates the following simple plan for computing interest, at 6 per cent per annum, for any number of days, which he learned, he says, twelve years ago:—

"Divide the number of days by 6, and multiply the dollars by the dividend, the result is the interest in decimals; cut off the right hand figure, and you have it in dollars and cents. Thus:-What is the interest on $100 for 21 days! Twenty-one divided by 6 is 3; 100 multiplied by 34 is 350, or 35 cents. Again-what is the interest on $378 for 93 days! Ninety-three divided by 6 is 151; 378 multiplied by 154 is 5,559, or $5 85 9-10. Let book-keepers try this rule, and they will find that it is no humbug."

COMMERCIAL STATISTICS.

COMMERCE AND NAVIGATION Of the united STATES.

PART II-NAVIGATION.

In the Merchants' Magazine for May, 1852, (vol. xxvi., pages 619, etc.,) we published statements of the export and import trade of the United States with foreign countries. We now proceed to lay before our readers a variety of tables from the report of the Register of the Treasury, relating to the Navigation of the United States for the year ending June 30th, 1851 :

NAVIGATION OF THE UNITED STATES.

A STATISTICAL VIEW OF THE TONNAGE OF AMERICAN AND FOREIGN VESSELS ARRIVING FROM AND DEPARTING, DURING THE YEAR ENDING 30TH JUNE, 1851.