The Monte Vista journal., 1897-10-23
REPORT OF THE MINT.
GOLD AND SILVER STATISTICS.
Wsad's frsAset u 0csA asa salvss
Absst 81, ,ooeyeoe.

Wushlpgto0, Oct. 18.-The director Of
the mint has submitted t0 the escre-
mFy of the treasury his report for TIE
fiscal year. 1897. covering the operations
Of the mlnts and aaRy 0flces together
with tho stntiGtics OF foreign countries
relative to production. coinage and the
monetary condition Of each.
The value of the EoA deposited at
the uiinfs and asSay omces during the
fiscal year, 1897, cents omitted, WINS
1923, 1O5, 200. or this amount &S7 ,OOS,-
c37 were original deposits and 81, ,1O2,
162 resiepo6fts.
The coinage value OF oliver bullion re
celved during the year was 80 ,272. or:
Of this amount 81, ,47O,6o3 were original
and the remainder. 1864 ,39S, reslepoats.
The coin executed during the ye0r
was as follows:
Gold, 81 GAG. 705; silver dollarA. $21..
g3,7O1; subsidiary silver. H,124.O66;
minor, 1854. 800. The silver dollars
cOined were from silver bullion on
hand purchased under the act Of July
IA. 1850.
The total cOin1Ee OF silver dollars
from bullion purchased under that act.
from August 18th 1900 (date the law
took effect. to July 1st. 1907. has been
Gs,74S,411 pieces. containing 53.1I2.65O
ounces OF fine silver. costing SOL .532,.
155. giving seignlcrnge Of SIT ,3222
The balance OF silver bullion on hand
at the minis for the coinage OF silver
dollars and subsidiary silver coins,
July I. 1897. was:
Purchased under act OF July II. 1900,
fine ounces. 115. .43S. .4Gl: cor. S1O4 1885,
$40. For subsidiary silver coinage. fine
n
the United States assay Office. New
York. for payments OF deposits in fine
bars, fine ounces, !O5. .00S. cost $J12, 1SG
Including the balance on hand Mt the
mlnts July I. 1878. the net seigniorngc
On the coinage Of silver. from THAT date
to June 30. 1897. was SSi.So2,S21.
The net imports of gold were &44.-
0o9.S4l. as agninst $7s.O4.Gl2 net ex-
ports for the previous fiscal year.
The net exports OF silver were S32.-
G3G.S3J. MS ngainst $33 262.25S for the
fiscal year Of 1890.
The product Of gold and silver In the
United States for the cnlcnalaT year
ism, wns: Gold. $530SS. COO; silver. coin
ing value. &1G.Os,. .23S.
THE value Of the precious metals en-
p.oyed In the industrial arts In the
United States during the calendar year
1890 was: Cold. &l1 1.2a5.!r34; silver, slO,-
cOi.213.
The stock OF gold and silver In the
United States ON July I. 1897. In erti-
mated to have ls,sn: Gold. <tsG.2I0.j+
silver. &iSs4. .JC0.7S6; teal. $l.33O, $780,
2oS.
The total metallic stock and uncov.
cred paper Of the world. compiled from
the latest reports. IL estimated to have
been on January I. 1897: Gold. S4.3I9.-
GOO.OOO: full legal tender silver. 3d.
or. .sO0.OOO: limited tender silver. S652..
SOO.O00: total metallic stock. SS.G27 .9o0-
OOO: uncovered paper. $500 100000:
total. <11.19T. 10000.
TIE worlds product Of gold and sill
yer for the calendar year 1896 was:
Gold. .aNiG0O: silver Commercial
value,. s1Hl. .4oG. 400; silver coinage val
uc). S2l32l2.1O0.
Tho coinage OF gold arl silver by the
v,srious countries of the world. - far
as reported. was: Gold. 1896. .SsG. .5lI; I;
oliver, Sli3.:05. 40.
The director OF the mint. In his ~
port reviews the decline Of silver sance
1871. and nttributcs the decline to the
gront increase In production.