The Saint Paul globe., 1897-10-19
GROUND OUT FROM THE MINTs
DURING THE LAST FISCAL
YEAR.
SHERMAN ACT BULLION USED.
TWENTY-ONE MILLION STANDARD
DOLLARS THE OUTPUT AS
OFFICIALLY REPORTED.
WORLDS TOTAL MONEY SUPPLY
Estimated by the Director of the
Mint at Eleven Billions of
Dollars.

WASHINGTON, Oct. 1S.-Ihe d1rec-
tor of the mint has submitted to the
secretary OF the treasury his report for
the fiscal year 1897, covering the opera
tions Of the mints and assay offices,
together with the statistics Of foreign
countries relative to production, coin
age and the monetary condition of
each.
The value of the gold deposited at
the mints and assay offices during the
fiscal year 1897, cents omitted, was
$129, ,105, 500; of this amount $87, ,003, ,337
were original deposits, and $42, ,102, ,162
re-deposits
The original deposits were classified
as follows:
Domestic bullion ................ $50, ,61S, 259
Mut.lated and uncurrent domestic
coin ..... NEUTRALITY-SUSPICIOUS.. I0l53 3l4
Foreign bullion and coin .......... 22,559 5S4
Old plate and jewelry .........::.. 2,Sol 20S
The coinage value of silver bullion received
during the year was $9,725022; of this am
cunt 9,407, 623 were original deposits, and
the remainder, $254,3SS re-deposits.
The original deposits were classified as fol-
lows:
Domestic bullion ...... ............. 81, ,961 799
Uncurrent domestic coin ...... 2,S56 O18
Foreign material .............. 94O,2t2
Old plate and jewelry $50. ......... 612,532
subsidiary silver coinage, under the
provisions of section 1926, Revised
Statutes of the United States, aggre-
gated 259, ,248 fine ounces, costing $171,-
455.
The face value of uncurrent domestic
gold coin, received at the mints and
assay offices, was $1,025,121; of this
amount, $623,751 was transferred from
the treasury for recoinage, and the
al nd GQnOSltQd
individuals, the total coinage value OF
which was $1015,314.
The coin executed during the year
was as follows: Gold, $71, SAC, ,705; silver
dollars, $21, ,203, 7O1; subsidiary silver,
So, 124, ,0S6; minor, 1884, 500.
The silver dollars coined were from
silver bullion on hand, purchased un-
der the act of July IA, 1890. The total
coinage of silver dollars from bullion
purchased under that act from Aug.
Is, 1890 the date the law took effecD,
to July 1, 1897, has been 68, 4S,4H pieces,
containing 53,172650 ounces of fine sill
ver costing $51 632, ,154, giving selgn-
forage of SIT, ,216,322.
Of the subsidiary silver coinage, $780,
042 4S9 were coined from uncurrent sill
yer coin transferred from the treasury
for recoinage, and $S1, ,595 from bullion
purchased under the provisions of Sec
tion 1926, Revised Statutes, for the
subsidiary silver coinage. On the lat
ter the seigniorage was $42,322.
The balance of silver bullion on hand
at the mints for the coinage of silver
dollars and subsidiary silver coins, July
l, 1897, was:
Fine Ounces. Costs.
Purchase under act July
H. 1880 lSstd;:rx sivs5 $l13 4aS461 $104 8sS'ai2
At United States assay -
office New York, for
payments of deposits
in fine bars .......... 50o, ,99S 512,7S6
Including the baance on hand at the mints
July 1, 1878, the net seigniorage on the coin
age of silver from that date to June 3d. 1897,
was 1884, S22, ,S21.
The value of the gold and silver bars manu-
factured at the mints and assay offices dur
ing the fiscal year was:
Silver OBSERVATION-DISCLOSURES. 6,o9S, 7o1
Total .............. $61,O.9,S61
The highest quotation for silver,
.0.925, in the London market during the
year was 31E pence, equal to $0.69051
the lowest quotation was 271. pence,
equal to $060357.
The new imports of gold were $44,-
,S41, as against $78, ,904,6 ,612 net exports
for the previous fiscal year.
The net exports of silver were S32,-
636,S3o, as against S5S,Z ,Z62,Z5o Tor the
fiscal year 1896.
The product of gold and silver in the
United States for the calendar year
1896 was: Gold, $50, ,08S 900; silver, coin
ing value, SIC, ,069, ,236.
The stock of gold and silver in the
United States on July 1, 1897, is esti-
mated to have been: Gold, $696, ,270, ,542;
silver, 1854, ,5O9 ISL; total, 81, $780, 7SO,323.
The total metallic stock and uncov-
cred paper of the world, compiled from
the latest reports, is estimated to have
been, on Jan. 1, 1897: Gold, S4,359 $780,
900; full legal tender silver 1852, 500, 900;
total metallic stock, $S,627, 100000; un-
covered paper, $2,569, 900; total, SILL
1877 100000.
The worlds product of gold and sill
yer for the calendar year 1896 was:
Gold, $204, 1896 800; silver Commercial
value), $1O9, ,406,800; silver Coming val
ue), $215, PAP, 700
The coinage of gold and silver by the
various countries of the world, so far
as reported, was: Gold, $195, ,S99,517
silver $153, ,395, ,740.