The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-10-18

Geld Product OF 9 ID Given as R9Os, 500. 600
Coinage. sI05 500. GIT.

Coinage. SI05. 500. GIT.
WASHINGTON. Oct. 1.-THE Director OF the
| Mint has submitted his report for the fiscal year
1897 to the Secretary Of the Treasury. covering
tho operations OF the mipts and assay offices.
together with the statistics Of foreign countries
relative to production, coinage and the none
tary condition Of each.
The value of the gold deposited at the mints
and assay offices during the fiscal year 1897 was
1929. los, 500. SO; OF this amount the deposits of
$S7. OO3. 1871 were original deposits and those
OF $40, 1O2, l62. 81 re-deposits. The original de-
posits were classified as follows: Domestic
bullion, $50. 6ls .239.77; mutilated and uncur.
rent domestic coin. 81 ,O15, 3l4.39; foreign bull
lion and coin. $22,5 500. 534.s SO: old plate and
jewelry, $2,s1o.24s.66.
The coinage value OF silver bullion received
during the year was SO, 725, o22.2 20. OF this
amount $}.47O,6 500. SO being original deposits
and the remainder. $254, 1880. re-deposits. The
original deposits were classified as follows: Do
nestle bullion. $4.96l. 700. 16; uncurrent do
nestle coin. 81, s5G.Ols.O4; foreign material,
$9iO. 272.OS; old plate and jewelry, $Gl2, 532.0s.
The purchases OF silver bullion for subsidiary
silver coinage, under the PROVISIONS Of section
1926, Revised Statutes OF the United States,
amounted 10 259.24s.GO fine ounces. costing
$l71 ,i55.42.
The face value of uncurrent domestic gold
coin received at the mints and assay offices was
81, O25, l2l; of this amount 1923. 75l was trans
r reGnSf nsera t sioi $50, ya ,S' d sSSS.iteS'' by Snd in shc
yiduals. the total coinage value of which was
The coinage executed during the year was as
follows: Gold, ST.. GAG, 7O5; silver dollars. SOL.
2O3. 7Ol; .ubsidiary silver. SO, l24,os .65; minor,
from silver bullion on hand, purchased under
the act Of July IA. 1890. The total coinage OF
act Of July Ii. 1890, from Aug. IS, 1880 date
the law took effect, TO July l, 1897. has been
| nnnrAl nf hnn QilvPr RnltinD Rh1 h2D IA I
giving a seigniorage OF ST. l6.3 800. 81. OF the
subsidiary silver coinage tho amount OF SO. o42.-
transferred from the Treasury for recoinage. and
$sl,595.e5 from bullion purchased under tho
tho subsidiary silver coinage. On the last named
the scigniornge was $i2,322.74. The balance OF
silver bullion on hand at the mints tor the coin
age OF silver dollars and subsidiary silver coins.
July !. 1897. was:
Hne ounces. Cost.
of July "a. 1890, ,llb, 43s. lel.ss elo+.s .s12.4s
For subsidiary silver
At United State: '
Assay once, New
York, for payment
OF deposita In line
oArA''"... ooo.Sb6.ol ol2.7eO.2o
Including tho balances on hand at the mints
July ], 1873. the net seigniorage on the coinage
Ss4, s22,s2i.7o.
or the minor coins manufactured during the
year S5s6, $3.50 worth was from new material
and $3os ,440.53 from old and nncurrent minor
coinage. There was also transferred from tho
Treasury TO the Mint at Philadelphia $so.s25
In minor coins for reissue. The total amount
Of minor coins outstanding on July l, 1897, was
S2O, lOO.7 1890: The value Of the gold ana sill
yer bars manufactured at the mints and Assay
offices during the fiscal year was: Gold, $54.-
6dd lO9'S2; silver, S6,59s.7ol.3O; total. $6l.-
The highest quotation for silver In tho London
market during the year was 81 y pence. equal 70
A.. 6go5l per ounce, fine. United States money.
Inc lowest quotation was 27l2 pence, equal to
FU.OUDDI. Inc average quotation for tho year
was 20 9-l6 pence, equal TO VI .6i7D4 per ounce.
line. Al the average price of silver for the year
the commercial! relation between gold and silver
was l TO 81 80; at tho average price OF silver for
the year 81 would purchase G4l.65 grains.
egmIiyslent 10 l.5l ounces.
against S7s,9 04, Gl2 net exports for the previ-
Gus fiscal year. The net evporls OF silver were
Vs., go, $50. against S33..0"25S for the fiscal
The pro lqctiop of gold and siIveri in tho United
ca rs s1 Gd me fEiendSr year, 10 WIS nea H .2l,da
the commercial value OF the silver at the aver
agse, price per ounce being $50, $4,000.
The Industrial arts in the United States during
the calendar year 1896 was: Gold. ELL 1885,.
934; silver. $1,000 ,273.
Tho stock Of gold ana silver in the United
hecn' Gola, 5000 &756,542; silver, $G3I,5 oo ISL;
The total metallic stock and uncovered paper
OF he world, compiled from the latest reports, is
estimated 10 have been on Jan. J., 1897: Gold,
- 800, 800 900; full legal tender silver, 1913.
Hoo,PWo; limited tenGer eo silver! neG S65S, 300, 900
paper, -. 169. roo. 900; total. Sll, 49,. 100. 900.
The worlds product OF gold and silver tor the
calendar year 1896 was: Gold. 500, 800, 800;
silver commercial valued SlOJ,4OG, 500; silver
The coinage OF gold and silver by the yarlou.
countries of the world, as TAR IS reported, was
Gold, Sl05.s a9,bl7; silver, Sl53.395 gao.
The DIRECTOR OF the Mint, in his report, re
views the decline OF silver since 1873, and AT
ducLVns