Morning journal and courier., 1883-11-05
News by Telegraph FROM ALL QUARTERS. THR YEARS COINAGE. An Excess of Silver Turned
 Out. THE MYSTERY OF A GRAVE A Young Lady Buried In
 a Trance.
A BIG FIRE IN GLASGOW.
Losses Amounting to Over
 Two Millions.
THE NATIONAL CAPITAL.

Coinage of the Year-An Excess of Silver Turned Out-Fevver of the GlIttering Dollars Recommended.
 1 WASHINGTON Nov. 4-Horatio c. Bur-
 chard, the director of, ,the mint, has submitted his annual report showing the operations of
 the hints and assay offices during the lass | fiscal year. The receipts of gold bullion fell
 of from those of the previous year owing to diminished gold imports, but the amount of ! silver bullion received for bars and coinage slightly increased. The total value of gold 1 and silver received and operated upon was | $s7, ,75S, 154, of which $49, 145, ,559 was gold
 and $3s, SIP ,594 was silver. The coinage of
 the year consisted of 98, ,666, ,624 pieces, of the l value of $66. 300, TOO. The number of pieces ! struck was greater by about Il, 800, 900 than ! in any fiscal year since the organization of the mint bureau. The total coinage of gold
 was $35, 1886, ,927 and of silver $2s, 835, 470 Of the latter BPS, III, 119 was in standard sill yer dollars. The value of bullion parted and refined was somewhat in excess of that of the previous year and amounted to $22, 3O5, ,43s in gold and $13, 2S3, ,631 in silver. The pur-
 chase and receipts of silver bullion for the coinage of the standard silver dollar were 25, 432, 49O ounces at cost of $25, 577, 327. The profit on the coinage of standard dollars during the year was s, 7O1, 1881 and on frac- ! tional silver $9,16O. The net silver profits 1 from this source for the last five years which 860, BIO. Under the provisions of the act of 1878 requiring the coinage of two million dol lars' worth of silver bullion per month $154, : 37O, S99 have been coined prior to October
 1st and this with the $s1, 1000, GOO of fractional silver in the country is, the director says, in | excess of the requirements for silver cireula- | tion. This is apparent from the fact that there are in the vaults of the treasury $39,- OOO,O0 over and above outstanding
 silver certificates besides nearly $27,- 1 O0O 900 in fractional silver coin. The l director expresses his belief that the equal coinage of both gold and silver by all nations is desirable in order to give greater stability \ to the values of commodities and credits, but ! that Tn view of our inability to continue the increase of our silver circulation at the pres
 ent rate without ultimately expelling large l part of the present stock of gold as well as
 the waning hope for the cooperation of
 | other nations in securing unlimited coinage
 
 the confederation of Congress whether the
 law directing the monthly coinage of not
 less than $2, GOO, 900 worth of siVsr bullions
 in standard dollars should not be modified or
 l repealed.
 1 At the commencement of the year the
 | hints had on hand 8, ,365, ,672 standard dol 1 lars. The coinage amounted to 2S, III, ,119 l and at the close of the year there were re- 1 maining in the hints $43 ,304, ,59o. The earn l ings of the hints during the year were $5,- 1 215, 509 and the expenses $1, ,726, ,265. MT. 1 Burohard recommends that the coinage of the | gold dollar and three cent nickel piece be dis | continued. The repeal of the act authorizing the coinage of the trade dollar is also recom- ! mended. The report contains as usual the result of the directors Investigations into the I production of gold and silver and it's con- l sumption in the arts and manufactures as | well as for the purpose of coinage. The pro- 1 duction of gold for the current calendar year | will probably be $500, ,OO0less than in 1882 and | that of silver at least $2, GOO, 900 greater l which will make the production $32, 900, 900 | in gold and nearly $49, 100000 ia silver The consumption of gold in the arts and manufactures he estimates at SIP, 900, 900. The estimated coin circulation of the United States July l, 1885, was $537 ,O00, 900 in gold and $228 ,00O, 900 in silver. On October 1st, 1883, it was $544, 800, GOO of gold and $235, COG, 900 silver. Elaborate tables appear show ing the average price of the principal domestic exports curing Lne yeOr ana ~C1 the I0aolDS commodities in the New York market for the calendar year 1883. From these tables it ap- pears that the average values have not ma tsrially varied from those of the previous year, while the prices in the New York mar ket indicate an advance in the av craze per
 csnfage of prices in 1882 of 1.6 per cent. Similar tables giving the prices quantities and values of articles imported into Great Britain, give an advance of 1.6 per cent. over the average prices of the previous year. The report contains also valuable and interesting information relative to the monetary statis-
 tics and financial affairs of foreign countries.
 The production Of gold in twenty countries is placed at $1O3. 161 ,532 and of silver $1O9,- 446, ,586, showing decrease from the previ- GUS year of $4,OO0,000 in gold and an increase of $6, ,OOO, 900 in silver. The coinage of twen- -four countries was $99, 9o6, 9s6 in gold and $107, ,997, ,952 in silvea The paper and specie l circulation Is given for thirty eight coun- tries s follows: Paper circulation $3,832,- 92o,90o, gold $3. .333, ,433, GOO, silver $2.712.-
 226, ,OOO.