Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1895-11-30
THE GOVERNMENT MINT.

The Director Submits Report of His De-
Dartment to the Secretary of the Treas
ury.
WASHINGTON, Nov. 25.-The director
of the mint has submitted his report
to the secretary of the treasury. The
value of the gold deposited at the
minis and assay offices during the fiscal
year was SS7, 1872, Os2, of which $65, 161,-
~OO7 were original deposits and S22, 321,-
-O22 were redeposits. The classification
of the original deposits of gold was:
Domestic bullion, $44, 81, 949; worn,
uncurrent and mutilated gold coins,
~S18S, 25s; foreign bullion and coin, &c.,
367, O49; gold plate, jewelry, etc, So, 213,-
800
The value of the silver deposited
during the fiscal year was SIS, 714, 265,
of which SIS, 234, 700 were original de-
posts and $479,665 redeposits. The
value of the deposits of domestic silver
bullion at the minis during the fiscal
year was So, SO4, 1868, and worn and mu-
tilated domestic coins, at silver dollar
value, IS, 500, $50; foreign bullion and
coin, 81, 7SO, 923; old plate, jewelry, ETC.,
$3.50, O61.
The coinage by the minis during the
year was gold, $43, 933, AIS; silver dol
lars, So. $50, oil; subsidiary silver coins,
So. 113. 400; minor coins, $712, 594; to-
tai coinage Of $50, us, $40.
In addition to the coinage executed
by the minis during the year, gold
bars were manufactured of the value
of $40, 153, $40 and silver bars of the
value of SO, 341, 545.
The total earnings of the minis and
assay offices during the year was 50,
O88, 372, and the total expenditures ST.
1S5, 435, showing the net earnings from
all sources to have been 5000, 936. The
value of the gold and silver estimated
to have been used in the industrial
arts during the calendar year of 1894
was approximated at SCI, Sal, esq, of
which SO 658, GOA was gold and SO, 1885,
O48 was silver. The estimated metallic
stock in the United States on July 1,
1895, was, gold, 1886, 229, 825; silver,
,S625, $50, 949; total of 81, 1862, OS4, TIA.
The estimated product of gold and
silver in the United States during the
calendar year 1894 was, gold, $50, $780,
900; silver, 40, 500, 900 fine ounces OF
the commercial value of $31, 422. 900 and
the coinage value of S64, 900, 600. The
the calendar year was, gold. $3.50 626,
100; silver, coming value, $2i6, 1872, zoe
commercial value, S1O6, 722. 900.
He says that on January 1, 1879, the
date of the resumption of specie pay
ment, the only currency, except coin
certificates, required to be redeemed in
gold coin, was the $346, 681, O16 le-
gal tender notes then outstanding,
which the then secretary of the treas.
ury was of the opinion that gold re-
serve of 800, 900, 600 would be sufficient
to maintain, but the paper currency
redeemable on presentation has been
increased to the extent of $155, $50, 900,
issued in payment for the silver bull
lion purchased under act of July IA,
1890. Besides these, there were out
standing November 1, 1895, $3.50. 456, 23e
in silver certificates and as the act OF
July IA, 1890, declared it ''to be the es.
tablished policy of the United States
to maintain the two metals at parity
with each other" there was now to-
tai of 1921, 229, 532 resting on the basis
of the gold reserve of 500, OOO,O GO.