Arizona silver belt., 1890-11-08
MINT REronr.

was S22, ,021, 74S. 30; of silver dollars, S25, 923, SIG; of subsidiary silver, SS92, 02o, 70 and minor coins, Sl, 416, 851. 73.
 The imports and exports of the prec- ious metals during the fiscal year ag- gregated as follows: Gold, imports SIS, 097, 146; exports Sl7, ,350, 133; net loss $4, 253, ,047 Silver, imports s27,- 524, ,l47; exports s36, O69, 602; net loss SS, 545, 455. The total amount of sil- yer purchased during the fiscal year for the coinage of silver dollars was 30, 912, Ill standard silver ounces, costing S236, S99.32, an average of 96.6sc. per ounce,
 From the close of the fiscal year to August 18th, the date the new silver act went into effect, the amount of sil- yer purchased was 9,l0S, l9a standard ounces, costing S8,042, 426. The total purchases of silver for the coinage of silver dollars from March 1, 1879, to August F, 1890, was 1928, ,635, ,576 stan dard ounces, costing S30s, 190, ,26l, an average of Sl,05S per fine ounce. The amount of silvor bullion purchases un- der the act of July IA, 1890, which went into effect August l3, to October al, has been 12, 275, ,57s fine ounces, at n cost of Sl4, ,O3s, 16S, an average of Sl. l43l9 per fine ounce The seignor- age on the coinage of silver dollars during the year aggregated S9,3S5, 4l6, and on subsidiary silver Sl650, total of So, 3S7, 066. The net profits or tbc coinage of silver during the twelve years ended June 30, 1890, including the balance in the coinage hints July 1, 1878, has been S65, ,69S, ,057. fl. The number of silver dollars distributed from the hints during the fiscal year was II ,423, ,S69. There was a marked improvement in the price of silver dur ing the last fiscal year. At the com mencement of the year the price was 42d. per ounce, and at the close 47td. an advance of 5id., equal to 2.6c. The average price of silver for the tis- cal year was 96, SS3c per fine ounce.
 Since the close of the fiscal year fuc- tuations in the price of silver have GOV cred wide range. To July l4 the price advanced to S1OS an ounce, and to August l3 to sl.13 per ounce. The highest price reached in New York was S1.21 on August l9, and in London 54 Ed, equivalent to Sl,19s, on Sep tember 3. The price in New York did not vary materially from the 18th of August to the 3d of September, when a decline took place, extending, with oc- casional slight advances, to the present price, S1.07. The price of silver in London at the date of the passage of the act of February 2e, 1878, was 55d. equivalent to S1,25 per fine ounce. From that time until May l9, 1888, when the lowest price WAS reached, the decline in the price of silver was, with slight intermissions, uniform, the low est price reached being 41td., equiya- lent to 9l. 42c. per fine ounce.
 The Director of the Mint estimates the stock of metallic money in the United States on July 1, 1890, to have been Gold, S645, 563, O29; silver, S163,- 211,910. Total, s1, 15S, ,774, ,9l9 The total amount of metallic and paper money in circulation, exclusive of the holdings of the Treasury, on January 30, 1890, was S1, ,435, 610, ,612, per capita of s22 O9, against S1, ,3S0, 418, ,03l at the commencement of the fiscal year, an increase in circulation of SJ5, 192, 52I The number of silver dollars in circulation June 30, 1890, was 56, 278,- 749, against 54, 457, 299 at the com mencement of the year, while the mum Der of silver dollars owned by the peo- pie that is, silver dollars and silver certificates ill actual circulation--ag. gregated S353, 83l, ,387, against s311,- 612, S6I at the commencement of the fiscal year. The number of silver dol lars owned by the Treasury June 30, 1890, was 15, 52l ,497 against 1,sSp,- 768 July l, 1889. The value of the precious metals used during the last year in the industrial arts in the United States was approximately: Gold, Sl6,- 697, GOO; of which $9, 6S6, s27 gold and S7,297, 933 silver was domestic gold and silver bullion.
 The product of gold from the mines of the United States during the calen dar year was $23, 300, 900; silver 30, 900, 900 fine ounces; commercial value, $l6, 750, 900; coining value, $64, ,646, 464. The product of tic mines and smelters of the United States during the same year was: Gold, 2,227, 1892 troy ounces; silver, 60, ,236, 469 troy ounces.
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 Charlie Meadows the famous Arizona cowboy, who recently joined wild west show going to Australia has been heard from by his brother-in-law, says