The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-04-29
COLO AND SILVER OUTPUT
Report of the Director Of the Mint
for the Fiscal Year
1889.
Montana Produces Over Twenty
Two Million Dollars in
Precious Metals
Pacific Coast Republicans Approve the
Mckinley Tariff Bill-The Day In
C0ngress-A Decision.

~ UASnANdIONS ApIlA Scs--DAkOCbOI Oh tuo
Mint Leech has submitted to congress his
report on the production of precious metals
for the year 1889. Gold product of the
United States, 1857, 900 fine ounces; value,
So, on, 900, against $33, 100000 for the pre-
cedinE year. OF the gold product $31, ,959.-
O47 was deposited at mints for coinage and
manufacture into bars. The silver product
was approximately 50,O0O,0OO fine ounces;
commercial value, SAG, 900, and coin-
age value of $64 GAG, ,464, against an esti-
mated product for 1883 of 45,7S3,632 fine
ounces, of commercial value of
$43 02O 600 and a coinage value of $50. 1885,
GOO; increase over 1883, about 4, ,261 1868 fine
ounces; increase of commercial value,
$3.730,0O0. In addition to the silver pro-
duct Of our mines about 100000 ounces of
silver extracted from lead ores were i'm
ported into the United States and smelted
in this country, and over 100000
ounce from base silver bars imported
principally from Mexico, making the
the total product of our mines, smelters and
refneries about 62,0OO,OOO fine ounces of
silver.
OF this amount the government pur-
chased for coinage 81, 1856 ounces; there
were used in the arts about 6, ,OOO. 900 ounces;
exported to Hong Kong and the East In
dies, about 1900, 900 ounces:shipped to Lon
don for sale, about x, ,OOO, 600 ounces.
Colorado still maintains first rank
among producing states. with an aggregate
product of gold and silver of over $24 4,OOO,-
600. Montana stands next with a product
of $22, 94.0O0. California produced $l4,-
04 600, of which $13,0OO,OOO were gold,
being about two-fifths of the total gold
product Of the United States. Utah shows
largely increased product, notably in sill
V0rs Idaho and Now Mavico
report an increased product and
for 1883. The gold product of Dakota
lsouthl increased from $2,6O0, 600 in 1888 to
$2,9O0, 600 in 1889. Oregon and Washing
ton both report increased products, the
The states of the Appalachian range show
slightly increased product of gold over
1888. The total value of gold deposited at
mints during the calendar year was $48,-
902, ,O72, of which $42 .599. .2O6 was new de-
posits, and Sc BOZ, 800 redeposited.
The total deposit and purchases Of silver
aggregated sc, ,297 .564 standard ounces. coin
age value, $42 ,2e37, l65. of which 36.174.2l2
standard ounces, coinage value $41, ,977, ,265
were deposits. The quantity of silver pur-
chased for silver dollar coinage was 27, 1885,
s57 fine ounces, costing 81, $40, an aver.
amount of silver offered the treasury de-
partment for sale aggregated 47,965, 700
fine ounces.
The net loss of gold ard silver to the
United States by excess of exports over
imports of precious metals was as follows:
Gold. $38, 1886, ,753; silver, $14. 1888 666; total,
$53, ,675, ,419. The amount of gold and silver
used in the industrial arts during the calen-
dar year 1889 in the United States was:
Gold, SIG, 1897 900; silver, coinage value,
$8, 766, 600; total $25, ,463, 600. The amount
of domestic bullion used in the arts was
Gold. 1855, 1927; silver, coinage value, ST.
297 1888; total, SIC, 1884, ,76O. The total metal
to have been, Jan. /. 1890, as follows: Gold
coin and bullion, $cS9. .275, COZ; silver coin
and bullion, $43S 3eS, ,624; total, 81, ,l27, ,663,
63l