New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-10-16

| REBORI Ot IHt D1kEC lux Ot luE hl.' -
INCREASED IMPORTATION AND COINAGE OF GOLD AND
! sILvEE-DDuNIsuED Production OF GOLD
! CONSUMPTION OF TIE PRECIOUS METALS ~ THF
ARTS.
! WAsHTzGrov. Oct. 1j-Tho report of the
Director Of the Mint which as been transmitted TO the
Secretary tho Treasury presents in detail the opera
tons Of the nInts and assay Offices during the hscai
| year onded June 30. 1Ss&
Tho imports Of foreign gold coin aud bullion were
sI7s91s greater tbs tc port The total amount oi
gold deposited was Gj3, which was s74OOOOOO
lees than the preceding year while the silver purchh-ed
for coinage and deposited FOR bars about 3OOOOOO
greater and amounted tc S33,7-O,49l The total coin
age was OO3 pieces Of the value u $50 13 447 5O
being nearly 81 900 900 tnan any previous
year Abou oneha Of the colna in eagles; one
third IN halfeegirs end the remainder IN doube-eages
The silver coinage consisted OF S27772,075 in silver
dollars and S1I513 70 IN fractional coin, total Of
| 2T753,3sS -.
OF the minor or baselDetal coins 4G,s65,725 pieces,
OF the value of SGi4757 10, were struck. The
! demand Tor 5-cent nickel pieces was large, and
44OO 775 pieces u value of SCOOPS IS, struck
during the year. The remainder Of the minor coinage
| consisted principally OF 1cent pieces.
Gold bars Of ia. vaue Of S37505,l20 OF were manu-
featured 12,147G74 80 OF which of fine gold for
depositors at the New-York Assay Office Fine silver
bars Of the value of $7769, ,s9s 10 were also made.
chiefly AT the same institution. Under the act OF May
20 last rs 900 O6 IA ull gold bars, suitable for ex-
port were exchanged mp 70 October at the NewYOrk
Assay ONCE for gold CON. thus saving the Government
the expense or Its coinage as Wen Us tispOrtalVn 10
and rOn Philadelphia for coinage Inc deposits OF Dll-
ion requiring parting and rednin< were ABOUT lOOOOOO
gross ounces more than III the previous year. 1le pu-
chase Of silver FOR coinage during the year amounted to
23627 229 81 OF standard silver at COS, or
S2l ,942 10. al average Of SlO2l5 per ounce The
average London price nor aVtf was oI l31o pence pe
ounce British standard nenes7 equivalent TO SlOZ-b
per ounce United states standard and the average New
| Tie profits OF the sDyer coinage amount. 70
S3l40oS7 -. OF the silver dollars the mints dstrib
utod @lo741 433 leaving IN the lihts $3oSooC'-' 'he
balance tn.s aud previous years coinage.
The total apprOl lratOns for the support OF the mnts
ana assay Offices 81 2O9 900, o. WnIch $ll76,265 Il
expended. In addition 70 TINS tuere was further
expenditure Of SI3g 732 9S from the Appropriation CON
tanned ia the act authorizing the coinage oI ue 7Iahdau
silver dollar The total wastage or loss OF metal In work
ing S3665S 49, while the surplus VI metal returned
b the meters aud rehners Of the several nns amounted
! to S33.414 43. making net gain Of 81 755 30 The
6aIon amounted to S27s8s2 OF which 1894 6O9 SO was
| paid out for the expenses OF those operations
Statistics ard Information relative 70 the production,
import, export an consumption Of the precious metals
and their circulation as money have been Obtained
and summarized. The production Of gold for II fiscal
Ia z63 S09 6eSline 81 - 000O 800 Ia god end an In.
crease Oi - 100000 ii silver upon the estimated pro-
| duotion ior the previous fiscal year.
States arts durlg the year Is estimated Of
~ VgIcG 5000 900 OF gold aud S6UOOOO0 OF SILVER
were oi domestic production There Issued from ,ho
! Ncw-YOrk Assay Office FOR the OF manufacturers
81 100000 more OF gold. aud s5OJOOJ more ol silver
| bars than L.. the preceding year
Tn tf coin Of the couutry Is estimated 10 have been
at tuc beg4niug Of tie year. e43J,116.7J3 god, and
- y 40 -CC silver, tOts SOL $50, 10, the
ra Of tue year. 500 1913 GOLD ana SIyJ iJ9 1Gt
silver total 800 33b5l9 gain OF 900 IN god
CON- AND SIS OOU 900 silver The game from coinage
less rcclB.. were O9l II gold, ana W. COL IL
IN iv.r aud by the import ot Chled - es s'er coin
-JLT11. uui me export o. United states gold CON was
| s25 OJs 90 greater than IL import, and including
- 100000 used Jhe arts reduced The gain gold coin
g to aDuut 46l 100000. Of tie Total metallic crcula
AN IA- OpOOJO belonged 10 Treasury, al 900 UCO
70 the National Banks, AID @i4l, 900 900 general
circulation Up to October / taerr had Decn further
uet gain 10 the coinage OF 3OS sol OF god and O3t
OF silver making the circulation OF the Uultei states
coin SJlZ ,O36 OF gold ana e%OdoCJ11O vi silver
total of 81 sUU,-UO. Beside tiS gala there was also
in Treasury gold bullion OF Ie value oi s04tO4-O
aud silver bullion costing e3,3t3,oO); tALg tO.al O
! United states coin ami or bullion awaiting coin
ae OF gold s56363l4J6 and oI silver, S2O9 0533jj.
! Ihe amount Ol goa con- ana puluOn
i'm the country was about ne same The lst ot No
veuoer, 1881, wue the gain IN silver was S2y,oOOOyO
On July l. ISL, ne 'olal Peer aud specie o, lne
country amounted To II, ,i69, ,34S 0O3 aud on july l.
| I-s- IL SIji3 7lu,432. gam OI about - 4oOOOOO
! OF wnicn S-s.jOOOOO Was gold coin and bal.Cn. u
the close Of The nscA year the Treasury hr.d
| SSIg g5O4.OJJ il paper hud specie, Tue DdAA1
500 $50 500, and the remainder TlO-OJf wac
| IA .ctIve circulation. Oi tAe tOiai increase oI
S74,jOO,OOO TIC Treasury received FI0,1VuVJo, tIc
| people gained 97I,OO0,OOc, and tic banks los'
tyc1fy OF the chief mining countries OF he world
! p97,GJ9 400 which was an increase OF sl,5OOOOO 81
gold and S3,OOOOOO Of silver over The production ol
1850 Tue cOnagr executed At the minis OF the mt -
urlueua countries OF the world during the year 5sl
was of god l563s7 3s3 land Of silver, 91OO -
total OF SZ31 UJ3 -Ol an increase Oh "J0ut @J,OOOVOO
| over tnc coinage OF 1851
The circulation Ol thirty four countries, embracing
nearly all Of the clNlI-d poru0n o. tue earth is gwen
as, paper S3-ZJ,Z2O,OIo, gOld +j,3J3,O 81 A. &uu
silver r2.62O 769 500, u total specie circulation o
- 974 j-3, and o. paper and specie @9,1Bo,ob3,bol
or the latter III 69S, ,9s0763 hed 10y banks aut
banKs and treasdries an active circulating medium VI
paper and specie amounting 10 95,lOOo'0,e5o'