San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1881-12-08
Statistics from the Mint.

WASHINGTON, November 28.-The an
nual report of the directors of the
United States mint for the year ending
June 80, 1881, has been submitted to
the secretary Of the treasury. It con-
tains, in addition to the customary de-
tailed statement of the operation of
minis and assay Office, much valuable
information regarding the production
OF the precious metals in the United
States and foreign countries, and
comparison of metallic and paper cir
culation for series of fifty-six years.
The gold and silver received and ope-
rated upon by all mints and assay Off
GERS, exceeding by more than $50,00O,-
600 the receipts Of any previous year.
amounted to, in round numbers, $780,
100000, Of which $4,000 900 was gold
and $33, 100000 silver. This large in
crease, director Burchard says, was due
to the continued influx of gold from
abroad, over 500 100000 deposited be-
ing from that source alone. The coin
age facilities Of the mint house have
been tested to. the fullest extent in
converting this bullion into coin. The
gold coinage Of the year amounted to
$79, 000,0 900, and that of silver to $780,
100000, about $2S, 100000 of which was
standard silver dollars. During the
year $7,7O6,9 1924 were distributed. The
total coinage of silver dollars since the
passage of the act for their coinage up
to November l, was $100,672,7O5, of
which $34, 100000 are in active circula-
ton, $59,OOO,00O held by the treasury
for paying outstanding silver certifi-
Gates, and about $S,OOO,OOO held by the
treasury for ordinary disbursements.
From data received at the mint the
bureau director estimates the produc
ton of the United States during the
last fiscal year to have been of gold
, dollars $36, 5O0,0 900, and of silver S. ,210.-
, 000, total of $40,710,000. Inquiries
inaugurated regarding the annual con-
sumption of gold and silver in the arts
and manufactures show a consumption
, by manufacturers of jewelry and other
, articles, amounting to $10,000,000 in
gold, and nearly $3,500,000 in silver
during the year. The director esti-
> mated on June 80 last the gold coin in
circulation in the United States amount
| ed to $440,O00,000 and silver Sill 800.
E OOO
Referring to the labors OF the Inter.
national Monetary Conference at Paris
in April, he SAYS: In view of the fail
ure of the conference to agree on any
practicable measure, and while awaiting
it's future action, it is a question for oul
serious and early consideration whether
it is not de sirable to suspend further
coinage of silver, by internationa
agreement and effective Legislation, I'M
limited coinage of silver and gold at &
common fixed rate shall have been all
, thorized by the principal commercial
+ nations OF Europe and America.
, FROM uaUa recelNeu, Gue ulfeCGOC eSIl
mates the worlds production of golc
- for the calender year. 1881. at $107, 900,
e 600, and of silver at $S7, 100000. The
consumption of the world in ornamen
:. tations, manufactures and arts for the
same period is estimated $75,OOO,OOO O
gold and $35,0O0,000 of silver. The
t estimated circulation of the principa
g countries of the world is placed at 50,
] 221, 100000; full legal tender silver
$2.115.0OO,G00; limited tender silver
e 1923, 100000. Total - Specie, $3.50,
e 900, 900; paper, 49, 44,000,c00.