Huntsville gazette., 1884-11-01
MINT DROPS.

facts and Figures Compiled from tho An.
nual Report of the Director Of the Mint
Our Annual Coinage and Production Of
the Precious Metals-The Specie Wealth
/ in Sight-What Other Countries are Doing
In the Same Direction.
WASHINGTON, D.. c., October %.
The Director of the Mint in his annual
report for the last fiscal year, says:
The deposits of gold during the year
amounted to 4G,32G, ,679, of which $780,
900, 900 were of domestic production.
The silver purchased for coinage and de-
posted for bars amounted at its coming
value to $50, $40, $50, of which more than
S3l 900, coo We're of domestic production.
The total value OF gold and silver de-
posted and purchased, Incl4ding re-
deposits, was SS7,955, l55, being about
the same as during the previous year.
The coinage amounted to $57, 1880, ,92l, Of
which 1927, ,932, 1924 were gold, $29, ,173,3S7
silver, the latter. except about Sc73,00O,
in silver dollars, and Sl,l74,909 ofmlaor
| coins. The coinage of gold was about
$4,000, 900 less than during the previous
year.
In addition to the coinage executed
for the Government, 81, 200. 900 in silver
were struck ut the San Francisco Mint
for the Hawaiian Government. a#
Besides the manufacture of coin, gold
bars of the value of $23, ,S75, 1856, and sill
yer bars of the value OF 1859, 724, were
prepared at the mints aud assay offices.
Gold bars We're paid out In exchange for
gold coin during the year under the pro-
visions of The act of May &c, 1882,
to the value of $25, 800, 600. One
excess of 100000 ounces Of bull
ion, containing S25,0O0, 900 worth of
gold, and more than $l3,5O0,0OO worth
of silver, were refined at the refneries
connected with the mintS AID New York
assay offices.
The purchases of silver bullion during
the year averaged about So, ,000,0 900 worth
a month.
The number of silver dollars distrlb-
u'ed during the year exc eded SIT, 900, 900.
1t is estimated that the total amount in
active circulation on the lst of October,
1884, exceeded 81, 100000, being an in
crease OF S5,000,000 over the preceding
year. tA
The Director estimates the production
of the mines of the United States for the
calendar year 1884 at: Gold, $29, 900, 900,
and silver, $4S, 900, 900, (which is about
81 900, 900 less in god aud not quite
P-O}VOV3SOo ibbiC AZ civ Ci tliAH uuiluS, lllC
previous year. Persons and firms en-
gagged in the manufacture and repair of
articles of ornamentation in the United
States, it is estimated, consumed duking
the year $4,000, 900 worth OF precious
metals.
The Director estimates the amount of
o to have W been: Cold, $751;, 600, 900, silver,
$257, 100000 total amount of SSl4,-
600, 900. The total amount of specie and
paper of all kinds used as money in the
United States on the first of October,
1884, the Director estmes at 81 800, 000,-
600, being an increase gilmore than S75,-
900, coo compared with the amount which
was in the country at the same date OF
the previous year. OF this amount
$500, 900 was ini the Treasury and ST, ,304,
100000 in banks and i'll general ctrcula-
ton. Deducting the amount held by
National Banks leaves about S ,0C4, ,000,-
900 in the hands of the general public
and in banks other than National.
The production of the precious metals
in twen!y-one countries, appears to have
been for the ca.endar year 1883, about
S9i, 600, 600 of gold and about S1l4,000,-
OGO of silver-S4, 700, 900 less in gold, and
like amount greater in silver. than was
reported for the previous year. The
coinage for 1888 in twenty OF the princi-
pie countries of the word, amounted to
more than SlOl, 900 900 in gold and $ll2,:
900, 600 in silver. Of the silver coinage
nearly one fourth was executed in United
States, and two-fifths by Mexico and In
dia. In the coinage of gold, the United
States still stands first, Germany, follow
ing with a coinage of S2l 900, 900; AUS,
tralia SIG, 900, 900, and Russia $l2,000,:
900.
After deducting the specie held 10 the
banks and National Treasures, the pa
per and specie in active circulation
among the people of thirty y-nine principal
countries of the world during the last
year is shown to have amounted to more
than $4,000. 100000. aN s4f 81 >.sft-i