St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-12-01
OUR WEALTH.
Where It Is and How 1t Is Stu
ated.

Where It Is and How 1t Is Stu
ated.
WASHINGTON, Nov. 3O.-R. T. Pres
ton, the director of the mint, has SUBJ
mItted to the treasury the report of the
operations of the mint and ASSAY offices
for the fiscal year ending June 80, 1895.
The following is a synopsis of the re-
port:
The value of the gold deposits, includ-
ing redeposits during the fiscal year
1898, the minis and assay offices, was
$50, 500, 905. OF this s33, 2S6. 1853 was
classified as of domestic production.
Foreign gold bullion and coin of the
value of IS. 541. 027; old plate, jewelry,
ETC., to the value of s., $50, 176; worn and
uneurrent domestic coin of the value of
SSOS, $40 constituted the original deposits.
The amount of silver deposited aggre-
gated 70, 135, 706 standard ounces, OF the
coinage value in silver dollars of 49,
103,367. The classification of the amount
deposited was as follows: Domestic
production, coinage value, S73, 1855, 045 !;
foreign bullion and coins, coinage value,
S2,901, 1S1; uncurrent domestic coin
transferred to the mint for recoinage,
1858, 1873; old plate, jewelry, etc., $685.
426.
The value of the coinage executed at
the minis during the fiscal year was ::
Gold, $50, LOSS, 40; silver dollars, s.. 34S,-
us; subsidiary silver coins, S7,217, 22I {;
minor coin, 81, 0Sl. 102; total, SAB, 6S5, ITS.
The number OF pieces coined was 81
$50, $50.
The value of the gold bars furnished
by the minis and assay offices for use in
the industrial arts was IS, 7l6,2 27. The
imports of gold during the year were
$50, 069, $50. OF this sum So, O79, S99 was
United States gold coin. The exports
of gold during the year were: Domestic
coin and bullion, S102, 337, 537; foreign
coin and bullion, Sc, 629, 29S; total. S1OS.-
966.655. The imports of silver during
the year were S34, 293, 800. The exports
were: Domestic silver. $24, 625, 400: for
eign silver, ST, 322. 403; total, S41, 947, SI2
The amount Of silver bullion offered for
sale to the government during the year
aggregated 9S, 467, $40 fine ounces. The
amount purchased was 54,00S, 1862 fine
ounces, costing S45, 531, 374. The aver
age paid per fine ounce was 50. S43. The
amount of silver offered from July to
Nov. l, 1898. was 1883, 900 fine ounces,
and the amount purchased 11,9IS, sos
fine ounces. costing IS, 7I5, 591.
The total amount of silver bullion
purchased under the act of July IA, 1890.
to Nov. l, 1898. was los, 674, 6S2 fine
ounces, costing S155, 93i, 002: the average
price per fine ounce was SO9 The
coming value of the total amount pur-
chased Qn silver dolIarS) was S21S, CAS-
43l. The total number of silver dollars
coined under the act of July IA, 1890,
from Aug. 16, 1890, to Nov. l, 1898, was
Boost, 2S5. The Seignorage coinage on
the same was Sc, ST., O9S. The balance OF
silver bullion on hand Nov. 15, 1898,
purchased under the act of July IA. 1890.
was 40, 494,S2 fine ounces, costing
S126, 75S, $50.
Since April 1, 1878. the government
has been a large purchaser of silver.
The report Of the director of the mint
shows that the total amount purchased
was 496, 9S4, S99 fine ounces, the cost of
which was sos, 933, 975. The average
cost per ounce was S1.024. The total
number of silver dollars coined since
March L, 1878, was 419, 332 $50.
The stock of metallic money in the
United States July l, 1898, is estimated
to have been: Gold, 1897, 697, 1856; silver,
S6l5, SCI, 4S4, making total of S1,2l3.-
500, 165. The amount of money in active
circulation, exclusive OF the amount
held by the treasury. is stated as 81, $685.
701, Pas.
The report contains table exhibiting
the approximate stock of gold, silver
and uncovered paper money in the