The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1884-11-06
HINT DROPS.

Facts and BIG ures Compiled from the 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.
WASHING roN, D. c., October g.
The Director of the Mint Ia his annual
report for the last fiscal year, says:
The deposits of gold during the year
amounted to 1926, ,679, of which S29,-
600, 600 were of domestic production.
The silver purchased for coinage aud de-
posted for bars amounted at its coming
value to $50, $40, ,290, of which more than
$3I, 900, COO were of domestic production.
The total value of gold and silver de-
posted and purchased, including re-
deposits, was S67, 7,955,I55, being about
the same as during the previous year.
The coinage amounted to $57 $50, 92l, Of
which $2T, 932, 824 were gold, S28, 773, 1897
silver, the latter, except about $673, coo,
10 silver dollars, and SI,l74, ,909 of minor
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, $1,000, 600 in silver
were struck at the San Francisco Mint
for the Hawaiian Government.
Besides the manufacture of coin, gold
bars of the value of S23, 875, $50, and sill
yer bars of the value OF 81, ,639, 724, were
prepared at the mints and assay offices.
Gold bars were paid out in exchange for
gold coin during the year under the pro-
visions of the act of May 20, 1882,
to the value of $25, 800, 900. One
| excess of Is, 900 900 ounces of bull
ion, containing 5000, 900 worth of
gold, and more than SI3, 500, 900 Wor b
of silver, were refined at the refiueries
connected with the mintS aid New York
assay Offices.
The purchases of silver bullion during
the year averaged about 81, 600, 900 worth
a month.
The number of silver dollars distrib-
uted during the year exc" eded $I7, 900, 900.
| 1t is estimated that the total amount in
active circulation on the 1st of October,
| 1884, exceeded 81, 900, 900, being an in.
! crease OF So, 10000 over the preceding
year.
The Director estimates the production
of the mines of the United States for the
calendar year 1884 at: Gold, $29, ,oOO 900,
! and silver, $4S, 900, 900, which is about
| $1,000 900 less in god and not quite
| $50, 900, 600 more in silver than during the
| previous year. PersOus and firms en-
| gagged in the manufacture and repair of
! articles of OrHameDtation in the United
States, it is estimated, consumed during
the year $40, 100000 worth of precious
| metals.
The Director estimates the amount of
| coin in the country on October 1st, 1884,
to have been: Gold, $557, 600, 900, silver,
| S257, 600, 900; q total amount of S8l4,
| 600, 000 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 eStimeS at 81 800, 000,-
| 600, being an increase of more than $75,
| 600, 600 compared with the amount which
| was in the country at the same date OF
the previous year. OF this amount
/ $500, 900 was in the Treasury and 81 ,3O4,
| 600, 900 in banks and in general circula-
| tiOn. Deducting the amount held by
| National Banks leaves about 81, ,094, 600,
| 600 in the hands of the general public
and in banks other than National.
! The production of the precious metals
| in TWEEN y-One countries, appears to have
been for the calendar year 1888, about
! 1884, 600, 600 of gold and about SlI4, ,000,-
| OG0 of siIver-S4, 900, 600 less in gold, and
a 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 world, amounted to
more than SI0l, 900 600 in gold and SIP,
| 600, 600 in silver. OF the silver coinage
! nearly One-fOurth was executed in United
| States, and two-tifths by Mexico and In
! dia. In the coinage of gold, the United
| States still stands first, Germany follow
ing with coinage of S2l 900, 900; Aus
traIia SIG, 600, 600, and Russia $4,000,
| 900.
After deducting the specie held in the
| banks and National Treasures, the pa
| per and specie in active circulation
among the people of thirty-nine principal
| countries of the world during the last
year is shown to have amounted to more
than 5000. 100000.