The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-05
The Mint Statement.

washington. December i.-Thc repnrt nj
X. Il, Preston the director Of the mint.
shows the operations of the mints and as
say offices during the fiscal year, 1896, to-
Eether with statistics Of foreign countries
relative TO the production. coinage and
monetary conditions of each The original
gold bullion deposited at the mnts and
assay Offices during the year was valued
at S6S,16s.3S3. The original silver bullion
deposited represented a ooinare value OF
Nl,G12.oiI The purchases Of silver bullion
FOR subsidiary coinage under tho proyis-
ions of section 1926. revised statutes, WAS
1867 fine ounces. costing slz2.420
The coinage executed at the mats dur
ing the fiscal year was as follows Gold
S6s,Sis. $50; silver s750Oa9; subsidiary
silver $3,9S9,Sl9; minor coins $500 IA Total
s71 ,1SS.52S.
There was total coinage under the &C,
| Of July II, 1890, up to November l. 1896
OF S56,S0687s, with a seigniorago Of sl3-
20i03i, leaving on hand at the minis a
balance Of loci, 262 fine ounces. costing
Sll2. S65. G25.
The balance on hand July l.. 1896 avail
able for subsidiary silver coinage was
| ! .l6l ,,0S ise ounces, costing si,5l4, $40 The
| total amount of minor coins issued by the
mint at Philadelphia since 1872 TO June 30.
| 1896 was S2ISiS l0I. OF this amount 81
3s2, iGl has been remelted, leaving s25 t35.
GAG as the total amount outstanding On
June 80, 1896. Deducting the balance on
hand at tho minis July !, 1878. the net
seigniorage or profit on tho coinage Of
silver from that date to June 30. 1896, wa'
SIS, las sos. Gold and silver bars were man
ufaoturod at the mints and assay offlchi
during the fiscal year as follows Gold $685.
24S 523 silver s',3704 T1.
The average price of silver bullion dur
ing the ascai year was equivalent I
5000, the price was 06si9l and the aver
age price at the par OF exchange wa
O.675SS, The highest quotation during tn
year was equivalent to o.foEo4 the loves
uuo;ation 0.G60Sl The commercial ratio o
gold 10 silver was I to 30 S. and tho bul
linn value of n United States silver dolla
at the yearly average price was o.522d2. IN
number of grains Of pure silver at the aver
age nricc purchasable with United state
silver dollar was 1905, equivalent TO Lax
fine ounces.
The net gold exports for the fiscal yea
were S7s. 800 So. rs against s3ollr5Io 10
tho previous year. The net silver eXpoiV
We're $40, 363, 25s. against $21 '03l ''s9 ior N
prcyious year. The employment OF preclnu
metals in the industrial arts in the Unite
states during the calendar year 1879 wns
Gold si3429.0S5. silver si2,27,,02i tn
new material consumed in the mannlac,ur
Of bars was: Gold sS,4Si,7S9, silver $a's2''
3s1 49,
The metal stock in the United States o
July /. 1896. was: Gold s55Hne''soi' s'lV'
s62S. T2S, on; total. 81 ESQ ,52b'oSn.
Tho cptimated production OF the preciou
mo,als in the United states during N
calendar wear 1895 was. Gold. 2,29i.'6o IN
ounces commercial value $A6,6l0,OOo CON
ago value SiGGl0,0 900, silver, 5.2r uUo m
onrces. commercial value sS6'4i5'ooo coin
' are value S12,Vhl ,ooo, ,,,.,
The estimated product OF gold anu s'N'
in the world for the calendar year 1890 wa
as follows. Gold 9,6ot.5lO hno ounve
es,,,oorcIal value $500 100000. coinage Vhil
s9oo ,os o0o. silver. l6S .t0s. 1853 fine ounce
,o,,merrial value $40 073.7oo, coinage Vait
sof7 5io 500 The total coinage OF goid An
Tu,.or IN, Tho various countries OF the wori
go as co,lows: Gold 1921 ,OSl ,43s, siiv'
't9i Go 40. total, 1852 ,6al .6o'.
Tho total metallic stock ana uneoVere
: rencr In The world was estimated on Jau
,atH, isgG. as follows Gold, 81 lta'.Vo
c uatE ON le,aI tender silver. SS6ld,'00,o0 c
St,,t,rd tender silver, s62o,2oo,oOo, tot'
n,atsiI,c stock. $3.50, 100000, uncovere
naner s.. ass .oOO, O1o, grand total $lo''So
rio director in his report states there
m doubt thai the silver COINS OF 'ne 'ii,,
states are now being countorielten eAao.'
eI,,,ior IN The genuine IN size, weight an
devices, Some OF these cuIna e'n n,.a No.
DISTINGUISHED from the genuine even
nynerts VERY dangerous counterfeit sil
vrr half dollar has made its appearance
,bo roe, and West, the weight OF whlc
is ls5 grains. with fineness OF s5I
,~biic he weight OF the genuine IN i%2
graing az the finencss of 500. The prof
10 The cunterfeiier IS rboui 100 per CEN,
So fer the best known protec'ioA ashlnl
, ~ cn,,,,rrfeitlng Of cons -as been fonr
! - no tho lottcr placed OF the edges slml'
~ hat on the first coins Of the Unite
stetcs or the 5-franc pieces o. FFTnee' N
dj-reto- recommends that authority
p. -i,en the secretary Of the treasury 20 haN
J cxporinenis made to determine ne D.
q ,.c-rs OF prcTfntine the counteT1eiNhS