The Abilene reflector. [volume] (Abilene, Kan.) 1883-1888, 1884-11-06
MINT DROPS.

Facts and Figures Complied from the An
nual Report of the Director of the Mint
Our Annual Coinage and Production of
the Precious Metals-The Specie Wealth
in SiEht.-What Other Countries are Doing
in the Same Direction.
WASHINGTON, ID. c., October q.
The Director of the Mint in his annual
report for the last fiscal year, says:
The deposits of gold duriug the year
amounted to 6,326, go, of which $685.
900, 600 were of domestic production.
The silver purchased for coinage and de-
posted for bars amounted at its coming
value to $50, ,520, 290, of which more than
SSI ZOO, GOO were of domestic production.
The total value OF gold and silver de-
posted and purchased, including re-
deposits, was SS7, SO, being about
the same as during the previous year.
The coinage amounted TO S37, $780, ,92l, of
which S27, 1882, 824 Were gold, S2S, 113,3S7
silver, the latter, except about S673, 900,
in silver dollars, and 81, 500 OF minor
coins. The coinage OF gold was about
5000, 900 less than during the previous
year.
for the Government, $1,000. 900 in silver
for the Hawaiian Government.
Besides the manufacture of coin, gold
bars CT the value of S23, ,S75, 1856, and sill
yer bars of the value OF S7,GS9, 724, were
prepared at the mint and 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 26, 1882,
to the value of S25, 500, 900. One
Af of n
ion, containing S25,000,O 200 worth of
gofd, and more than Sl3, 500, 900 wor b
of silver, We're refined at the retneries
connected with the mints aLd New York
ASSAY Offices.
The purchases of silver bullion during
the year averaged about 81, ,0u0, 900 worth
a month.
The number of silver dollars distrib-
ed du ing the year exc eded Sl7 200, 900.
IL Is estimated that the total amount in
| active circulation on the lst of October,
| 1884, exceeded 81, 900, 900, being an in
| year.
| The Director estimates the prooucton
| of the mines of the United States for the
calendar year 1884 at: Gold, S29, 1000, coo,
and silver, S4S, 900, 900, which is about
| $50, 900, coo more in silver than during the
previous year. Persons and firms en-
gagged in the nIanufactuIo and repair OF
articles of orMamentatioL in the United
States, it is estimated, consumed during
the year 100000 worth OF precious
metals.
The Director estimates the amount oil
! coin in the country on October lSt, 1884,
| 81 =
S257, 900, 900; total amount of SSl4,-
O00,OO 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 $1,000, ,00O,'
600, being an increase of more than ST5,
600, 900 compared with the amount which
was in the country at the same date oi
the previous year. OF this amount
S502, 900 was in the Treasury and 81, l,30i, )
100000 in banks and in general circula'
tion. Deductng the amount held by
National Banks leaves about 81 094, ,000,-
600 in the hands of the general pubic
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, abOu
S94, OOO, OO0 of gold and about Sll4, 900,
UUU VI SllNSi TfSO SOOOjOOO lSSS III S-NANj AHN
ike amount greater i'll silver than was
reported for the previous year. The
coinage for 1888 in twenty OF the princt
pie countries of the world, amounted tx
more than Sl0l, 900 O0Oin gold and SIP,
600, 900 in silver Of the silver coinage
nearly one-fourth was executed IN UniteC
States, and two-tifths by Mexico and In
dia. In the coinage OF gold, the United
States still stands first, Germany follow
ing w tn a coinage of S2I, 100000; US
tralia si6,OOO,OO0, and Russia $4,000,
600.
After deducting the specie held in the
banks sd National Treasures, the Ds
per aEd specie in active circulation
among the people OF thirty-nine prlncipa
countries OF the world during the las
year is shown to have amounted TO moro
than $4,000, 900, 600.