World’s Production of Gold and Silver.
| Calendar Years. | Gold. | Silver. | ||
|---|---|---|---|---|
| Kilograms. | Value.[23] | Kilograms. | Value.[24] | |
| 1883 | 143,533 | $95,392,000 | 2,769,197 | $115,088,000 |
| 1884 | 153,017 | 101,694,000 | 2,804,725 | 116,564,000 |
| 1885 | 154,942 | 102,975,000 | 3,062,009 | 127,257,000 |
| 1886 | 147,097 | 97,761,000 | 3,137,175 | 130,383,000 |
The United States still maintains first rank among the nations of the world as the largest producer of the precious metals, having produced during the calendar year 1886 gold and silver of the coining value of $86,000,000. Mexico retains second rank, with a production of $33,614,000, of which $33,000,000 was silver. Australia has a production of $27,647,000, of which $26,425,000 was gold. Russia is credited with a production of $21,046,000, of which $20,518,000 was gold.
Circulation of Standard Silver Dollars at the end of each six months, from July 1, 1885, to July 1, 1887, and on October 1, 1887.
| Period. | Total coinage. | In the Treasury. | In circulation. | |
|---|---|---|---|---|
| Held for payments of certificates outstanding. | Held in excess of certificates outstanding. | |||
| July 1, 1885 | $203,884,381 | $101,530,946 | $63,882,166 | $38,471,269 |
| January 1, 1886 | 218,259,761 | 93,179,465 | 72,538,725 | 52,541,571 |
| July 1, 1886 | 233,723,286 | 88,116,225 | 93,137,341 | 52,469,720 |
| January 1, 1887 | 249,683,647 | 117,246,670 | 71,259,568 | 61,177,409 |
| July 1, 1887 | 266,990,117 | 142,118,017 | 69,365,953 | 55,506,147 |
| October 1, 1887 | 273,660,157 | 154,354,826 | 58,688,970 | 60,616,361 |
Appropriations for the support of Mints and Assay Offices for the fiscal year 1888.
| Institutions. | Salaries. | Wages of workmen. | Contingent expenses. | Repairs of buildings. | Total. |
|---|---|---|---|---|---|
| Coinage mints. | |||||
| Philadelphia | $41,550 | $293,000 | $100,000 | $434,550 | |
| San Francisco | 41,900 | 170,000 | 40,000 | 251,900 | |
| Carson | 29,550 | 60,000 | 25,000 | 114,550 | |
| New Orleans | 31,950 | 74,000 | 35,000 | 140,950 | |
| Assay offices. | |||||
| New York | 39,250 | 25,000 | 10,000 | 74,250 | |
| Denver | 10,950 | 14,000 | 6,000 | $2,000 | 32,950 |
| Helena | 7,700 | 12,000 | 6,000 | 25,700 | |
| Boise City | 3,000 | 5,000 | 1,000 | 9,000 | |
| Charlotte | 2,750 | 2,000 | 4,750 | ||
| Saint Louis | 3,500 | 2,400 | 5,900 | ||
| Total | $212,100 | $648,000 | $231,400 | $3,000 | $1,094,500 |
Comparison of expenditures, years 1886 and 1887.
| Appropriations. | 1886. | 1887. |
|---|---|---|
| Salaries | $ 189,331.48 | $192,907.13 |
| Wages of workmen | 593,865.07 | 601,787.25 |
| Contingent expenses | 164,183.47 | [25]193,704.93 |
| Standard silver dollar | 119,976.00 | 200,189.02 |
| Total | $1,067,356.02 | $1,188,588.33 |