Savannah morning news. [volume] (Savannah) 1868-1887, 1885-10-30
!YEAR WITHIN THE MINT |
.,,rcvOR KINfBALIpS ANNUAL
REPORT COMPLETED.

..s-4s752 in Gold Deposited During
s'1 80 ponths-S94,S ,S3O,976 Worth of
nj. Deposited and PurchAsed-S17,
90 $50 in Gold Coin Imported from
Foreign Chimes.
WASHINGTON, Oct. 29.-The annual re-
..tof Director of the Mint Kimball was
I.4. nnblic to-day. 1t shows that the
-.Ioa n cold deposited at the mints and
..sav offices during the year was $56, 74S,-
- of which S3,S54,677 consisted of de-
r,sits of gold redeposited. Nearly $780,
m0 ooo consisted of domestic bullion, over
.r oaoO00 of foreign bullion, and some
.,19 ooo OF foreign coin. The value Of sill
,.. 3eposited for bars purchased for coin
.,o committed at its coming rate in silver
Ga5fors was S3S, S,0S2, ,222, of which S1,292,-
,1 we're redeposits OF silver deposited
sr3 purchased. Over $32, 100000 was
a.sssiisd at the mints as Of domestic pro-
auction. S200,0 was of foreign bullion,
and 100000 Of foreign coin.
THE TOTAL COINAGE VALUE.
Tgat9tal coinage value of the gold and
s1rer deposit and purchased at the mints
rss Sol $50. 916. against SS1, ,9J5, l54 in the
rrayious year. The decline in the pro-
mcton OF gold on the Pacific coast is
shawn by the continued falling off Of the
dgposts at the mint at San Francisco,
i me value OF the gold deposited at that
4 institution having declined over SS,OOO,-
AN since 1881. The total imports OF gold
bullion into the United States was S.
9S-. all of which, with the exception
d about 81, 100000. was imported at the
4 port If New York. The deposits of gold
|mllion classed as foreign at mints were
4 over Sl1 GOO 900, from which it would ap-
& mean that over $2.000,000 worth OF gold
Nbullion has reached this country that was
not entered at the custom house.
IMPORTS OF GOLD.
i The imports OF gold coin amounted to
4 |slI SAP. .45g. of which So, 1852, ,090 consisted
|ofour own coin and $l4, 400, ,329 of foreign
ScoD. The imports of silver bullion
Amounted to $4.530,3s4 The import of
4 silver coin W as $4,000, ,243, of which
4 |i673 q26 was our own coin. The exports
ot cold bullion amounted to only S395, $50,
&nearly all OF which was in United States
&bars. OF silver bullion the very large
A um Of $40, 422, ,924 was exported, only
4 500. coo worth of which consisted of bars
Nearing the United States mint's or assay
. 0fices' stamp. From this it will be seen
Ehat about $l9, 900, 600 worth of the silver
Nuoduot OF this country found it's way
n a5road by export. The export of Amer
4 &can gold coin amounted to $2345, 800 and
. foreign gold coin to So, ,736. 1873, a total
Il SS,0S2, 142.
SILVER COIN EXPORTS,
n The exports of American silver coin
|lnounted to 81, ,211 .G27, 81 ,073, $50 of which
insisted of trade dollars, and the export
foreign silver coin TO $l2, ,060,612, some
A oo10,OJO Of the amount being exported
the port Of SAN Francisco. The coin
be executed at the mints during the year
n Mas: Gold, $24,S61. 125; silver, $28, S48, $50;
r 0nOr coins, Sj2l ,559. total. S54, ,237, ,639.
the silver coinage SOS, ,j2S, ,552 consisted
| standard dollars. In addition to the
tQinage executed, gold bars were manu-
#etured Of the value Of $50, ,027, ,463, and
liver bars Of the value Of ,549,313; a to-
sl Of $H,576,116.
INCREASED VALUE.
The bars manufactured exceeded by
#ime Sl0000,0O0 the value of those pro-
ICED IN the previous year. Tue total
aue Of the gold bars exchanged for gold
ln was S2,C65, ,021, against $25, 800, 799 the
@ous year, showing a large falling of
ine demand for gold bars for export.
BE silver purchased for standard dollar
M image during the year was A,2l2,4l2
8andard ounces, costing $23, IA, ,460. The
'erage price paid for silver during the
ear was $L0S9. The average London
rice was about $1.09.1. The seignorage
tne government was some IS per cent.
n the cost value Of the bullion.
A PROFITABLE BUSINESS.
The seignorage on the coinage Of silver
olars during the year was 81, $780, ,27S, OF
losialsry silver $40, 19S, total of 81, $780,
10 The seignOrage on the coinage of
# Yer from July 1. 1878, to June 30, 1885,
mounted to 25,33S, ,2S9. The number OF
Ver dollars distributed by the mints
lIlng the year was 20,373,625. The
In9er in circulation increased from 3d.
tJ!oo Julyl, 1884, to 1920, 10 ON Oct.
Ioa9. Inc amount in the treasury in
eas5d during the same period from
-o'3J5O 9l6 to Sl65, 4S3,372.
MONEY IN THE COUNTRY.
Inc director estimates the amount OF
ou and silver coin in the country on
NY ! 1880, at $50, 0,00O, of which S542,-
0..V consisted Of gold and $278, 10000
sii'ef. This amount was owned as foi-
5y Jtfeasury-gold, S58. 223, 100; silver.
1iI''Vo2; total, $l4S, ,342. 22j. Bynstional
uAo-eoid Sl65.575, S67: silver. $l1,97S,-
otal $lll,554, 1000. BY other banks
A private Uands-gold 5000 2Th 600. all.