The record-union., 1892-11-03
OPERATIONS OF THE MlNTS.
DIRECTOR LEECH SUBMITS HIS
ANNUAL REPORT.
The Value of Last Years Coinage
Reached Over Ftfty-One Mill
ions of Dollars.
special 70 the REcoRp-UNIov.

Special to the REcoRD-UNIoN.
WASHINGTON, Nov. 2.-E. o. Leech,
Director of the Mint, has submitted TO the
Secretary of the Treasury his report of
the operations of the mint and assay Off
ces of the United States for the fiscal year
ending June so, 1892. The value of gold
deposited at the mints and assay offices
during the year was 66,476,975. Of the
original deposits, S3l 1851 ,546 were the
product of mines, S24 ,935.342 foreign,
500, 1858 lightweight domestic gold coin
and -, ,636, 0O4 old material.
The deposits and purchases of silver
aggregated y, I2l .26S standard ounces of
a coming value OF So, g., 93D OF the Sill
yer received, t3,l30,6O9 were standard
ounces of coming value ofSI6, ,46l or The
product OF domestic mines and rehneries
was p 2,llS,01S standard ounces OF a coming
value of 81, 464, ,672; foreign silver bullion
and coin, 5,593, 907 standard ounces, of
coming value of S6,5O9,274: uncurrent
domestic coins for recoinage, 1921 stand
ard ounces, of a coming value of 81, ,236;
trade dollars melted and 636, 80 standard
ounces OF a coming value Of S740, All; old
plate, jewelry, etc.
The coinage at the mints during the
last fiscal year aggregated 3,556, IA
pieces, valued as follows: Gold, 50, ,506,-
5S7; silver dollars, IS, ,329, ,467; subsidiary
silver, 1853, So: minor coins, 81, ,296, 10;
total value, S5I.792, $40.
The profit from silver dollars coined dur
ing the fiscal year from bullion purchased
under the Act OF July, 1850, was $3.50, ,4S7.
The net profit on the coinage of silver
during the last fourteen years, including
balances in coinage at the mints on July
l, 1878, aggregated 81, 736,O65.
In addition to the coinage, gold bars
were manufactured of the value of $36,-
125.552, and silver bars of the value of
7,l50.270; total, S43, ,255, SD.
The total amount of silver purchased
during the year aggregated 81 800, 100 fine
ounces, costing sol, lO6,6O8, at an average
cost OF ninety-tour cents per fine ounce.
Since July lst the average price was 0.724.
The total exports of gold from the
United States during the fiscal year show
net loss of SI42,654. The exports of
silver show net loss OF s., ,035, SOS.
The net profit of earnings of the mints
over the expenditures were S793, ,794.
The mines of the United States pro-
duced during the calendar year l ,GG4, $40
fine ounces of gold of commercial value
OF 81, ,l35,UO0, OF a coming value of S33,-
10000, and 5S.330,W0 fine ounces of
silver OF a commercial value of S51, $50, 040
and coming value of S75, ,4l6,565
The coinage OF gold and silver in the
various countries OF the world during the
calendar year 1891, so far as reports have
been received, aggregate: Gold, $Il9, ,lS3,-
735; silver, Sl35, ,00s l32.
The stock of gold and silver in the
United States on November l, 1892, based
upon official tabulations brought forward
from year to year, approximate: Gold,
S656, S63; silver, S5e7 ,6I4 ,95l; total. ST.
243656,Sl4
The amount of money in actual circula-
ton (outside of the treasury VAULTS, in
Guiding paper and metallic, is 81 Cos, l39,-
735, or S4 81 per head.