The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1885-04-30

his special annual report on the production
of cold and silver in the United States for
the calendar year 1884, estimates the pro-
duction of the country to have been:
Silver, computed At the silver dollar
coming rate. .........-.-............. sosoV'oO0
This shows an increase over the yield OF
the previous year Of about $500. 900 gold
and So. 400, 600 silver. The total deposits
of gold at the minis during tho year
amounted to $5O,518,179 of which $780,
8O7. 200 was reported as domestic. The ex-
ports of gold bullion, exclusive OF United
States bars, amounted to only $ll5, OO0.
To the amount deposited at the
mints and the small amount ex-
ported might be added some 5000, 900
worth Of gold contained in silver bullion
exported, and also, possibly, 100000 OF
undeposited gold in the form OF nuggets,
grains, etc., used in ornamentation, and
$500. 900 in bars in private re6neries used
for similar purposes, which would make In
all an addition Of about 81 10000 But
Of the gold received from British Column
bia and the Northern States OF Mexico,
amounting to about 81, 600, 900. only $780,
600 was deposited at the San Francisco
mint as foreign. and the statements fur
nished by refners show that it was refined
by them and included in refined bullion
deposited at that mint under the head Of
domestic Deductng this would still leave
$500, 900 to add to the amount Of gold de-
posted at the mints, SO it is safe to assume
that the gold product Of the mines OF the
United States for the year 1884 would be
understated rather than overestimated by
taking the amount deposited at the mints
and assay Offices as domestic bullion.
The total deposit of silver bullion ex-
elusive Of redeposits at the mints and as
say offices was $36,670,731, of which
$50, 305, 036 was entered as domestic. The
exports Of domestic silver were ST.,
OCT, of which $2.148,578 were United
States bars, and 100000 Hawaiian coin
manufactured Of domestic silver of 1884s
production, which would leave the export
of domestic undeposited silver, as entered
at the custom house at its commercial
value, $14S, S4S, 479. The exports of sill
YER were $3,256, 93S, Of which 81, 296, 218
came to the minis, leaving nearly 81. 000, 600
exported as domestic. Deducting this
leaves $13. 1877 900 as the commercial
value of the net export of undeposited
domestic silver, which, at its coming rate,
equals SIC, 100000. 1t is estimated
that about 100000 worth of domes-
tic silver bullion was furnished by private
refners to jewellers and others: adding to
the amount of domestic silver deposited at
the minis the net exports of undeposited
and the amount Of undeposited used in the
arts, would make the silver production Of
the country about $49,000.000, or at its
commercial value about $42. 900 900, which
is about 100000 less than Mr. Valen-
tines estimate.
The product Of the year md disposition
may be approximately stated as follows:
Production $50 S 500 600 ss $500 .sce. 600
Disposition
Deposited less foreign . $50, eoo 600 $50. 900
Undeposited exports. 10000 l6,400,000
Undeposited, used In the
arts. oe4,ooO lV,uV
Total $50, eco $4s, 600
Fifty three incorporated companies work.
ing gold and silver mines paid during the
year in 227 dividends 81, 567. 698.
During the same period some 207 assess
ments were levied on 1T mines. On which
it is estimated that over 81, 600. 900 have
been paid. The Directors report also con-
tains detailed reviews of the production Of
the various States and Territories, and Of
the mining sections and properties, as web
as many valuable statistical tables of pro-
duction, consumption, imports, exports,
coinage and circulation, and number Of
ccienti fic rpefa 1luroicaI articlae