The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1884-11-07
MINT DROPS,

Facts and Figures 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.
WASHINGTON, ID. c., October 3.
The Director of the Mint in his annual
report for the last fiscal year, says:
The deposits of gold during the year
amounted to 46,326,679, of which $780,
900, 900 were of domestic production.
The silvsr purchased for coinage and de-
posted for bars amounted at its coming
value to $50, $50, $780,. of which more than
SSl, 900, 600 were of domestic production.
The total value OF gold and silver de-
posted and purchased, including re-
deposits, was SS7, 1855, loo, being about
the same as during the previous year.
The coinage amounted to S57 $50, Cpl, of
which S27, 1892, S24 We're gold, SIS, 773, 1887
silver, the latter, except about 1913, 900,
In silver dollars, and 81, 800 OF minor
coins. The coinage of gold was about
SS,000,000 less than during the previous
year.
for the Government 81, 900. 900 in silver
Il
Tor the Hawaiian Government.
Besides the manufacture of coin, gold
bars of the value of S23, S75, 1856, and sill
yer bars of tine value OF 81, 1859, 724, were
prepared at the minis 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 &c, 1882,
to the value of S25, 10000 One
IF Of hui
ion, containing S25, 100000 worth of
gold, aud more than Sl3,500,000 wor b
of silver, were refined at the refneries
connected with the mints AID New York
assay offices.
the year averaged about 50, 0G0, 900 worth
4 month.
The number of sIlve, dollars distrib-
uted during the year exc eded Sl7 900, 900.
1t is estimated that the total amount in
active circulation on the 1st of October,
1854, exceeded S4,000,00 being an in.
crease OF 100000 over the preceding
year.
The Director estimates the production
of the mines of the United States for the
calendar year 1884 at: Gold, S29, 600, 600,
aud silver, S4s, 900, 900, which is about
$50, 600, coo more in silver than during the
previous year. Persons and firms en-
gagged in the nanufactuie and repair of
articles of characterization in the United
States, 1t is estimated, consumed during
the year S2O,OOO,O0O worth OF precious
metals.
The Director estimates the amount of
coin in the country on October LIST, 1884.
n have haep. Cold 2SS7 non non
1921 100000; total amount of SSH
100000. 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 $780,
900, GOO compared with the amount which
was in the country at the same date of
the previous year. OF this amount
$500, 200 was in the Treasury and l,3O4,-
600, 900 in banks and in general circu,a-
ton. Deducting the amount held by
National Banks leaves about 81 ,O94, O00,-
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
1914, 900, 900 of gold and about STA, 00O,-
wv VA VftOVVIoOO 1853 AZ sSoiut 1ah
4 like amount greater in silver than was
reported for the previous year. The
coinage for 1883 in twenty OF the princi-
pie countries of the world, amounted to
more than Sl0i, 900, 900 in gold and Sll2,-
600, 600 in silver. OF the silver coinage
nearly one-fourth was executed IN United
States, and two-Giths by Mexico and In
dia. In the coinage OF gold, the United
States still stands first, Germany follow
ing with a coinage of S2l 100000; us
traiia Si6,000,000, and Russia Sl2,U00,-
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 principal
countries Of the world during the last
year is shown to have amounted to more
than $4,000, ZOO, 900.