New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-12-10

was s.740327; from bullion purchased under the act
of July H. 1890. 27.2s2.475, and from trade dollar
bullion. 200 900. total of 80 .232, sO2 silver dollars
3J3 a.. The profit on the subsidiary silver coinage
OF the year was $92. 434 AS. total seignorags OF
The total coinage OF silver dollars under the act OF
1875 from March l. 1876 to the close OF such eohase
The net profit on the coinage of silver during the
thirteen ended June 30. 1901 including the bal
s sTesstdd ID ss SSiasse %' on July 1870 has
In addition to the coinage. gold bars were MANI
bars Of the value OF Ss43' .657 Co. total OIL 49,
PURCHASES OF SILVER.
The amount of the silver purchased from July to
August -, 1890 under the provisions of the act OF
February es, 1873 aggregated 3lOs.1o9.47 standard
ounces, costing So 049,4o6 AZ, average of 81 90
The total amount of silver bullion purchased under
the act of February 70, 1878, from the beginning
March /, 1875 10 the end August 10. 1870, was
1913 o,576.10 standard onnces costing S3os.ls9'-
261 Il, average cost of 81 OBS per fine ounce
The amount OF silver purchased under the act OF
July ii, 1ooo from ,u y IL, $500 to June 80
ing ,49s "A, an average cost of Slo4o per me
The total amount of silver purchased during the
fiscal year under both acts-Februsry IS. 1873, and
July a. 1s90.was 50s1s,3a5.oS standard ounces,
costing S53, b26,024 80, average cost OF SlO4 d.
The total amount of silver purchased under the act
of July a. $780, from August 10, 1890 10 November
l. 1891, was 66jse $50 ne ounces. costing S65,0s6,-
So, all average cost OF $l03 per fine ounce y,
The act of March 3, 1891. directed the secretary OF
the Treasury to coin the tradedollar bullion into silver
dollars as soon as practicable. Under the act aa-
thOrzng the redemption Of trade dollars March .,
1871 It was left discretionary with the secretary TO
coin this bullion into either silver dollars or sub
sidiary silver coins and the discretion had been ex-
crcised in favor Of subsidiary silver coins.
F aS a of b S6 DqH S aad and ans New
Orleans was 1888 1912 sankti ounces. OF the value
As soon as the mandatory coinage of silver dollars.
reocired By the act Of July Ia 1880 ceased ay mts
into silver " dollars s was Begun o. VIC
total number Of silver dollars coined from d rs 6e
dollar bullion TO November i has been S3,2ooioo:
This coinage will be completed during the present
PRICE OF SILVER.
The price OF silver fuctuaed during the last fiscal
year from 20 964 81 81 per fine variation of
nearly % cents ounce.
At the beginning Of the fiscal year the price in New
York % per ounce by July Ia. 1890, the date
Of the passage of the silver law the price had adj
e new :" silver law was TO take effect to 81 IA per
The highest price reached in IN sep %aS S
decline began. The price at this date-NOvemDef l.
1S01-is S0.96.
IMPORTS AND EXPORTS.
This loss of gold by net export during the fiscal
year S67 ,946,16s Willie there gain of silver
by excess of imports over exports amounting to s2745
365.
The loss of gold by export was materially larger
during the last fiscal year than in any recent year.
The heavy movement commenced in February, 1891,
and did not until the close of July. The total
amount exported from the port of New-iork during
II is gratifying to report that return movement OF
The 1st of July at the port of New York alone, s27
$4,000, and it is believed that owing to the large
exports of breadstus and other mat .rials from the
United states this fall aud winter the movement Of
gold this country will continue for some months
The total expenditures for the support OF the Mint
Service for the last fiscal year aggregated $1,3359lO
EARNINGS AND EXPENDITURES.
The total earnings Of the minis and assay Offices,
from all sources was 81 $50 $50 81, and the total
pendtures and all kinds, 81 661 130 SO, net
profit of earnings expenditures Of $59S93S9 10
The mines of the United States produced during the
calendar year 1890 precious metals as follows
Fine Commercial Coming
sYa So sc ss9 s5sSSS SGG
The product of the mines and reduction works of the
United states, including precious metals contained In
foreign material reduced in the United states, was
oo, Fine S sss? SIS
Silver o4,ozo'9-'
The product of gold aud silver in the world based
upon returns 10 the Director of the Mint was Tie same
year: -.,., ,. c,, ,.,,.
Gid 1886 ssqSSSSS SSSGg SSS
The coinage Of gold and silver by the various coun
tries of the world Aggregated for the calendar year
1890, far reports have been received:
METALLIC STOCK OF THE UNITED STATES.
The stock of gold and silver into the United states
based upon official fluctuations brought forward from
year to year, was on November L" lool' approx
mately
Gold SOIl,l59 J5l
Sivar NEUTRALITY-SUSPICIOUS.. 533. 2il .O24
Total 2iO 1881 1855
According to information gathered by the Bureau OF
the Mint the value of the Id and silver used IN the
industrial arts in the United States during the last
wear was approximately Gold, SIC, 100000, ana sill
| yer, S9.OO0,OOO, OF which $1O,7OO,COO gold ana
81, 40 900 silver was new bullion