The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-10-28
FACTS ABOUT MONEY.
Information Concerning Cash in the United
States and Other Countries.

WASHINGTON, Oct 27.-The Director of the
Mint has submitted his annual report for the
fiscal year 1884 The deposits of gold during
the year were $46 326, 679, of which over 500
0O0 900 were of domestic production. The silver
purchased for coinage and deposited for bars
amounted, at coming value, to $36, $40, 900, of
which over $31, 900, 900 was of domestic produc-
ton. The total value of gold and silver depos-
tied and purchased, including deposits, was
$S7 955, l55 about the same as for the previous
years. The coinage amounted to $57, $50, 93l, of
which $27, 932, S24 was gold and $28, 773 3S9 sill
ver The coinage of gold was about So, 900 900
less than the previous year. Besides the manu-
facture of coin, gold bars to the value of $23,-
975 5S6 and silver bars to the value of ST. 639 724
"a total of $31, ,5l5 31O-were prepared at the
mints and assay offices. The number of silver
dollars distributed during the year was over H.
900 900, and the total estimated in active circu-
lation October, 1884, is over 10000 000 an in
crease of D. 600, 900.
The Director estimates the amount of coin in
the country Oct l. 1884, to have been: Gold,
1851 000 900; silver, 1851, 900 900; total 1914 000
900. Granting as part of the metallic circulation
the bullion in the mints and assay Offices belong
ing to the government, which amounted, on Oct
|, to nearly 500, 000 900 gold and about So. 000-
UUO silver, the total coin ana Dull1On aVallaDle
for coinage at that date in,the country would be-
gold, $6l0 000 000 silver $262 000 900; total 1872
COO 600 The total of specie and paper of all
kinds used as money in the United States in
October, 1884, the Director estimates at 81 500,
600, ,000 being an increase of $75, 600, 900 over
that in the country at the same date of the pre-
vicus year. Of this amount over 1902, 000, 900
in the Treasury and 81, ,3O4, 900, 700 in banks
and general circulation. Deducting the amount
held by national banks leaves about 81 094 000 900
in the hands of the general public and banks
other than national
The production of precious metals in twenty
one countries appears to have been, for the cal
endar year 1883 about $94 900 900 gold and Sill
000 600 silver being 81 000 900 less in gold and
like amount greater in silver than for the previ-
GUS year, resulting from the diminished product
of gold in Russia and the United States and the
increased production of silver in Bolivia. The
coinage in 1883 of the twenty three principal
countries of the world amounted to over $l0l.-
000 600 gold and $l13, 900, 900 silver. OF the
silver coinage nearly one Fourth was executed in
the United States, and two -fifths by Mexico and
India. In the coinage of gold the United States
still stands first; Germany fellows with a coin
age of $21, 600 900; Austria, SIG 00O,0O and
Russia over $l2, ,000 000 The circulation of pa
per and specie of the thirty nine principal coun-
tries aggregated $9 99l 600 000 of which $3 293,
00O 600 was gold and 81 754, 900, 900 silver. The
amount of government paper money outstanding
in these countries was 81 19l 000 900, to protect
which their treasures hold $263 600 600 in gold
aud $3.50 000 000in silver;the bank notes outstand
ing amount to 81 1872 900, 900, to secure.whch
the banks hold total of gold and silver reserve
of 81, 424, 600 000 After deducting the specie
held in the banks and national treasures, the pa
per and specie in active circulation among the
people of the thirty nine principal countries
would amount to over So 900 900 000