Chapter 15 of 18 · 3829 words · ~19 min read

Part 15

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.

----------------+-------------+---------------------------+------------- | | In the Treasury. | | +-------------+-------------+ | | Held for | Held in | Period. | Total | payments of | excess of | In | coinage. |certificates |certificates | circulation. | |outstanding. |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 |Contingent|Repairs of| Total. | | workmen. | expenses.|buildings.| ----------------+----------+----------+----------+----------+---------- _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 -----------------------+--------------+--------------

Production in round numbers of precious metals in United States for 1886.

-----------------------------+------------+-------------+------------ State or Territory. | Gold. | Silver. | Total. -----------------------------+------------+-------------+------------ Alaska | $446,000 | $2,000 | $448,000 Arizona | 1,110,000 | 3,400,000 | 4,510,000 California | 14,725,000 | 1,400,000 | 16,125,000 Colorado | 4,450,000 | 16,000,000 | 20,450,000 Dakota | 2,700,000 | 425,000 | 3,125,000 Georgia | 152,500 | 1,000 | 153,500 Idaho | 1,800,000 | 3,600,000 | 5,400,000 Montana | 4,425,000 | 12,400,000 | 16,825,000 Nevada | 3,090,000 | 5,000,000 | 8,090,000 New Mexico | 400,000 | 2,300,000 | 2,700,000 North Carolina | 175,000 | 3,000 | 178,000 Oregon | 990,000 | 5,000 | 995,000 South Carolina | 37,500 | 500 | 38,000 Utah | 216,000 | 6,500,000 | 6,716,000 Washington | 147,000 | 80,000 | 227,000 Texas | | 200,000 | 200,000 Alabama, Tennessee, Virginia,| | | Vermont, Michigan, | | | and Wyoming | 5,000 | 5,000 | 10,000 -----------------------------+------------+-------------+------------ Total |$34,869,000 | $51,321,500 | $86,190,500 -----------------------------+------------+-------------+------------

Production of the United States from 1880 to 1886.

---------------+-----------+-----------+------------- Calendar Years.| Gold. | Silver. | Total. ---------------+-----------+-----------+------------- 1880 |$36,000,000|$39,200,000|$75,200,000 1881 | 34,700,000| 43,000,000| 77,700,000 1882 | 32,500,000| 46,800,000| 79,300,000 1883 | 30,000,000| 46,200,000| 76,200,000 1884 | 30,800,000| 48,800,000| 79,600,000 1885 | 31,800,000| 51,600,000| 83,400,000 1886 | 35,000,000| 51,000,000| 86,000,000 ---------------+-----------+-----------+-------------

Gold and silver product in the United States and amount coined in 1886.

GOLD.

Value of the product of the mines, 1886 $98,000,000 Coinage executed in 1886 $92,650,000 Recoinage 9,600,000 ----------- Net coinage 1886 83,050,000 ----------- Leaving new gold for employment in the arts $14,950,000 ===========

SILVER.

Value of the product of the mines, 1886 $130,000,000 Coinage executed in 1886 $124,670,000 Recoinage 13,950,000 ------------ Net coinage 1886 110,720,000 ----------- Leaving new silver for employment in the arts $19,280,000 ===========

Minor Coins Shipped to the Different States and Territories from the Mint at Philadelphia during the Fiscal Year 1887.

--------------------+------------+------------ | 1-cent | 5-cent State or Territory. | bronze. | nickel. --------------------+------------+------------ Alabama | $25.00 | $5,375.00 Arkansas | 20.00 | 890.00 Arizona | 20.00 | California | 1,215.00 | 11,585.00 Colorado | 105.00 | 6,090.00 Connecticut | 6,230.00 | 6,010.00 Delaware | 385.00 | 950.00 District of Columbia| 200.00 | 300.00 Dakota | 1,590.00 | 3,640.00 Florida | 190.00 | 840.00 Georgia | 490.00 | 3,020.00 Indiana | 10,669.37 | 18,710.00 Iowa | 8,330.00 | 11,970.00 Illinois | 51,831.00 | 68,355.00 Idaho | | 80.00 Kentucky | 1,775.00 | 12,950.00 Kansas | 4,440.00 | 8,720.00 Louisiana | 400.00 | 6,510.00 Michigan | 17,840.00 | 11,786.00 Massachusetts | 38,815.00 | 39,210.00 Minnesota | 10,405.00 | 13,615.00 Maine | 1,325.00 | 1,215.00 Mississippi | 25.00 | 250.00 Montana | | 2,020.00 Maryland | 14,270.00 | 22,070.00 Missouri | 7,650.00 | $49,490.00 New York | 128,125.00 | 73,870.00 North Carolina | 1,035.00 | 1,290.00 New Jersey | 12,965.00 | 11,835.00 New Hampshire | 800.00 | 2,600.00 New Mexico | | 400.00 Nebraska | 2,710.00 | 14,865.00 Ohio | 29,015.00 | 34,990.00 Oregon | 20.00 | 3,510.00 Pennsylvania | 25,509.00 | 45,045.00 Rhode Island | 6,951.00 | 3,100.00 South Carolina | 800.00 | 2,865.00 Texas | 150.00 | 7,320.00 Tennessee | 1,280.00 | 15,890.00 Utah | | 1,320.00 Virginia | 3,080.00 | 5,540.00 Vermont | 1,370.00 | 900.00 West Virginia | 1,235.00 | 2,380.00 Wisconsin | 7,230.00 | 10,755.00 Washington Territory| | 500.00 Wyoming | | 260.00 +------------+------------ Total |$400,510.37 |$544,686.00 --------------------+------------+------------

Minor Coins Struck and Remelted from the Organization of the Mint, and the Amount Outstanding June 30, 1887.

---------------------+---------------+--------------+--------------- | | | Outstanding, Denomination. | Coined. | Remelted. | June 30, 1887. ---------------------+---------------+--------------+--------------- Copper cents | $1,562,887.44 | $372,741.70 | $1,190,145.74 Copper half cents | 399,926.11 | | Copper nickel cents | 2,007,720.00 | 735,616.30 | 1,272,103.70 Bronze cents | 4,319,275.48 | 24,517.11 | 4,294,758.37 Bronze 2-cent pieces | 912,020.00 | 292,128.08 | 619,891.92 Nickel 3-cent pieces | 903,705.00 | 175,541.44 | 728,163.56 Nickel 5-cent pieces | 8,691,671.75 | 61,934.00 | 8,629,737.75 +---------------+--------------+--------------- Total |$18,437,205.78 |$1,662,478.63 |$16,734,801.04 ---------------------+---------------+--------------+---------------

On the 30th June, 1886, the amount of minor coin in the Treasury was $377,814. Of this amount over $160,000 proved to be in 3-cent nickel pieces, for which there was no demand, and over $60,000 in uncurrent minor coins of former issues was transferred for recoinage, confined to 1-cent bronze and 5-cent nickel pieces. The demand for 1-cent bronze and 5-cent nickel pieces, at first sudden, has since been urgent and continuous; at times largely beyond the ability of the mint to promptly meet.

Operations Fiscal Year, 1887.

Bars manufactured: Gold $58,188,953.66 Silver 6,481,611.25 ----------------- Total 64,670,564.91 =============== Coinage executed: Gold $22,393,279.00 Silver 34,366,483.75 Minor 943,650.65 ---------------- Total 57,703,413.40 =============== Refinery earnings $143,258.52

SUMMARY OF THE OPERATIONS OF THE MINTS AND ASSAY OFFICES.

The value of the gold and silver deposited at the mints and assay offices of the United States during the fiscal year 1887 was $131,635,811.34. This aggregate, however, but partially measures the successive operations upon the bullion represented by this value. For example, it may be interesting to show the operations by the melters and refiners of the four mints and of the assay office at New York, as measured by the value of the bullion successively operated upon. These may be stated as follows:

Bullion Operated upon by the Melters and Refiners, 1887.

The operations of the coinage departments of the mints were as follows:

Operations of Coinage Departments, 1887.

The 1-cent and 2-cent bronze pieces were recoined into 1-cent bronze pieces, and the copper nickel 1-cent, and the 3-cent and 5-cent nickel pieces were used in the coinage of new 5-cent nickel pieces.

Form and Location of the Moneys of the United States and the Bullion awaiting Coinage in the Mints July 1, 1887.

[Exclusive of Minor Coin and Minor-Coinage Metal.]

-------------------------+---------------+---------------+-------------- | | In National |In other Banks | In Treasury. | Banks.[26] | and General | | | Circulation. -------------------------+---------------+---------------+-------------- METALLIC. | | | Gold bullion | $85,512,270| | Silver bullion | 4,091,414| | Silver bullion (melted | | | trade dollars) | 6,364,236| | Gold coin | 192,368,915|[27]$98,137,439| $278,501,711 Silver dollar | 211,483,970| 6,343,213| 49,162,934 Subsidiary silver coin | 26,977,493| 2,813,138| 45,757,168 +---------------+---------------+-------------- Total | $526,798,298| $107,293,790| $373,421,813 +===============+===============+============== REPRESENTATIVE. | | | Legal-tender notes |[28]$28,783,796| $74,477,342| $243,419,878 Old demand notes | | | 57,130 Certificates of deposit | 310,000| 7,810,000| 960,000 Gold certificates | 30,261,380| 54,274,940| 36,950,497 Silver certificates | 3,425,133| 3,535,479| 138,582,538 National bank notes | 197,046| 22,962,737| 256,058,005 Fractional paper currency| 2,366| 564,266| 6,380,332 +---------------+---------------+-------------- Total | $62,979,721| $163,624,764| $682,408,380 -------------------------+---------------+---------------+--------------

-------------------------+--------------- | | Total. | -------------------------+--------------- METALLIC. | Gold bullion | $85,512,270 Silver bullion | 4,091,414 Silver bullion (melted | trade dollars) | 6,364,236 Gold coin | 569,008,065 Silver dollar | 266,990,117 Subsidiary silver coin | 75,547,799 +--------------- Total |$1,007,513,901 +=============== REPRESENTATIVE. | Legal-tender notes | $346,681,016 Old demand notes | 57,130 Certificates of deposit | 9,080,000 Gold certificates | 121,486,817 Silver certificates | 145,543,150 National bank notes | 279,217,788 Fractional paper currency| 6,946,964 +--------------- Total | $909,012,865 -------------------------+---------------

Gold and Silver Coin in the United States November 1, 1887.

----------------------+------------+------------------------------------- | | Silver Coin. | +------------+-----------+------------ Date. | Gold Coin. | Full Legal |Subsidiary.| Total | | Tender. | | Silver. ----------------------+------------+------------+-----------+------------ Last official | | | | statement | | | | July 1, 1887 |$569,008,065|$266,990,117|$75,547,799|$342,537,916 Gain subsequent to | | | | above statement | | | | (estimate) | 5,919,808| 10,120,040| 210,387| 10,330,427 +------------+------------+-----------+------------ Estimate for November | | | | 1, 1887 |$574,927,873|$277,110,157|$75,758,186|$352,868,343 ----------------------+------------+------------+------------------------

Estimate of Coin Circulation July 1, 1887.

------------------------------+------------+--------------+-------------- Items. | Gold. | Silver. | Total. ------------------------------+------------+--------------+-------------- Estimated circulation July 1, | | | 1886 |$548,320,031| $308,784,223 | $857,104,254 Coinage for fiscal year 1887 | 22,393,279| 34,366,483 | 56,759,762 Net imports | 2,311,739| 409,151 | 2,720,890 +------------+--------------+-------------- Total |$573,025,049| $343,559,857 | $916,584,906 +============+==============+============== Less deposits of United | | | States coin | 516,984| 821,941 | 1,338,925 Used in the arts | 3,500,000| 200,000 | 3,700,000 +------------+--------------+-------------- Total | 4,016,984| 1,021,941 | 5,038,925 +============+==============+============== Estimated circulation July 1, | | | 1887 |$569,008,065| $342,537,916 | $911,545,981

Table showing the Total Paper and Specie Circulation in each of the Principal Countries of the World, and the Amount of Specie in Bank and National Treasuries, and the Amount of Active Circulation.

(Officially Reported in 1884.)

-------------------------+-----------+--------------+------------------ | |Total metallic| Amount of Countries. |Population.| and paper |specie in national | | circulation. | treasuries | | | and banks. -------------------------+-----------+--------------+------------------ United States | 50,155,783|$1,745,926,755| $534,033,074 Great Britain and Ireland| 35,246,562| 876,318,139| 154,182,691 Dominion of Canada, | | | including Manitoba | | | and Newfoundland | 4,506,563| 59,596,084| 9,111,148 British India |252,541,210| 1,099,383,126| 78,358,000 Ceylon | 2,758,166| 2,335,300| 1,273,800 Australia, Tasmania, | | | and New Zealand | 2,798,898| 96,010,722| 48,737,837 Cape of Good Hope | 780,757| 38,078,000| 8,092,000 France | 37,321,186| 1,990,961,912| 402,939,754 Algiers | 2,867,626| 27,567,000| 5,564,476 Guadeloupe | 185,460| 1,627,750| 564,935 Belgium | 5,536,654| 186,326,515| 17,991,450 Switzerland | 2,846,102| 53,180,731| 11,609,618 Italy | 28,452,639| 533,548,521| 69,357,358 Greece | 1,979,423| 29,143,000| 1,800,000 Spain | 16,625,860| 270,812,440| 27,223,959 Cuba | 1,394,516| 73,043,543| 14,181,243 Luzon | 4,450,191| 4,198,000| 3,765,677 Portugal, including | | | Azores and Madeira | 4,550,699| 46,367,680| 11,718,874 Germany | 45,234,061| 825,473,023| 181,706,674 Austria-Hungary | 35,839,428| 431,646,314| 98,131,401 Sweden and Norway | 6,479,168| 43,058,443| 12,740,975 Danish Kingdom | 2,096,400| 39,228,000| 14,070,000 Netherlands | 4,061,580| 163,847,949| 55,114,112 Russia | 98,323,000| 646,431,794| 124,008,153 Turkey | 24,987,000| 83,315,976| 14,520,000 Roumania | 5,376,000| 27,372,383| 3,995,298 Mexico | 9,557,279| 52,048,529| 1,763,008 Central America | 2,891,600| 4,701,861| Argentine Republic | 2,540,000| 71,371,850| 14,196,461 Colombia | 3,000,000| 5,097,830| 200,000 Brazil | 11,108,291| 139,871,255| Peru | 3,050,000| 14,980,820| 1,882,018 Venezuela | 2,675,245| 2,682,700| Chili | 2,420,500| 32,555,341| 2,398,000 Bolivia | 2,325,000| 6,908,533| 443,597 Uruguay | 438,245| 11,587,000| 4,601,000 Hayti | 572,000| 4,780,000| Japan | 36,700,110| 248,744,805| 28,486,973 Hawaiian Islands | 66,895| 1,834,900| 808,200 +-----------+--------------+------------------ | | 9,991,964,524| 1,959,571,764 -------------------------+-----------+--------------+------------------

-------------------------+--------------+------------- | | Countries. | Active | Per capita | circulation. | of active | |circulation. -------------------------+--------------+------------- United States |$1,211,893,681| $24.16 Great Britain and Ireland| 722,135,448| 20.49 Dominion of Canada, | | including Manitoba | | and Newfoundland | 50,484,936| 11.22 British India | 1,021,025,126| 4.05 Ceylon | 1,061,500| .38 Australia, Tasmania, | | and New Zealand | 47,272,885| 16.90 Cape of Good Hope | 29,986,000| 38.40 France | 1,588,022,158| 42.55 Algiers | 22,002,524| 7.67 Guadeloupe | 1,062,815| 5.73 Belgium | 168,335,065| 30.40 Switzerland | 41,571,113| 14.60 Italy | 464,191,163| 16.31 Greece | 27,343,000| 13.81 Spain | 243,588,481| 14.65 Cuba | 58,862,300| 42.21 Luzon | 432,323| .10 Portugal, including | | Azores and Madeira | 34,648,806| 7.61 Germany | 643,766,349| 14.23 Austria-Hungary | 333,514,913| 9.31 Sweden and Norway | 30,317,468| 4.68 Danish Kingdom | 25,158,000| 12.00 Netherlands | 108,733,837| 26.77 Russia | 522,423,641| 5.31 Turkey | 68,795,976| 2.75 Roumania | 23,377,085| 4.35 Mexico | 50,285,521| 5.26 Central America | 4,701,861| 1.62 Argentine Republic | 57,175,389| 22.51 Colombia | 4,897,830| 1.63 Brazil | 139,871,255| 12.59 Peru | 13,098,802| 4.29 Venezuela | 2,682,700| 1.00 Chili | 30,157,341| 12.45 Bolivia | 6,464,936| 2.78 Uruguay | 6,986,000| 15.94 Hayti | 4,780,000| 8.35 Japan | 220,257,832| 6.00 Hawaiian Islands | 1,026,700| 15.35 +--------------+------------- | 8,032,392,760| -------------------------+--------------+-------------

WORLD’S COINAGE.

----------------+-----------+------------- Calendar years. | Gold. | Silver. ----------------+-----------+------------- 1884 |$99,432,795| $95,832,084 1885 | 94,728,008| 105,105,299 1886 | 92,653,400| 124,678,678 ----------------+-----------+-------------

The value of the United States gold coin deposited for recoinage, principally by the Treasurer of the United States, was $516,984.63, against $393,545.28 in the preceding year.

In addition to the gold bullion both of domestic and foreign production, and the foreign and domestic gold coin deposited, old material in the form of jewelry, bars, old plate, etc., was received containing gold of the value of $2,265,219.85.

The marked increase in the deposits of gold was at the assay office at New York, the value of the foreign gold bullion and coin deposited at that institution during the year being $30,621,006.95, exclusive of fine bars of its own manufacture, of the value of $7,933,743.98, imported and re-deposited.

The value of the foreign gold bullion deposited was $22,571,328.70, against $4,317,068.27 in 1886.

The value of the foreign gold coin received and melted was $9,896,512.28, against $5,673,565.04 in the year preceding.

The value of the total deposits of gold during the fiscal year 1887, including all re-deposits as above cited, was $83,416,779.40, against $49,606,534.65 in 1886, an excess in the year 1887 of $33,810,244.75.

The value of silver bullion of foreign extraction deposited at the mints during the year 1887 was $1,457,406.01.

The value of foreign silver coin deposited during the year was $350,598.86, against $812,664.50 in the preceding year.

The value of the United States silver coin deposited (calculated at the coining rate in silver dollars), not including trade-dollars, was $768,739.32, most of which consisted of worn and uncurrent silver coins transferred from the Treasury of the United States for recoinage.

Trade-dollars were received mostly by transfer from the Treasury of the United States and melted. The bullion contained 5,837,791.87 standard ounces, of the coinage value in standard silver dollars of $6,793,066.89.

EARNINGS AND EXPENDITURES OF THE MINTS AND ASSAY OFFICES.

The total earnings amounted to $8,842,819.70, and the total expenditures and losses of all kinds to $1,437,442.95. The profits from operations on bullion during the past year amounted to the large sum of $7,405,386.75.

A large portion of these earnings consisted of seignorage or profits on the manufacture of silver and minor coins.

Highest and lowest prices of Gold in New York.

Each month in 1862-1878.

=========+===========+===========+===========+===========+=========== Month. | 1862. | 1863. | 1864. | 1865. | 1866. ---------+-----------+-----------+-----------+-----------+----------- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ January | 103¾ 101¾ | 160¾ 133⅝ | 159⅜ 151½ | 234⅜ 197¼ | 144¼ 136¾ February | 104¾ 102⅛ | 172½ 152½ | 161 157⅛ | 216¾ 196⅜ | 140⅝ 135¾ March | 102½ 101⅛ | 171¾ 139 | 169¾ 159 | 201 148⅛ | 136½ 124⅞ April | 102¼ 101½ | 157⅞ 145½ | 184¾ 166¼ | 154½ 143½ | 129½ 125¼ May | 104⅛ 102⅛ | 154¾ 143½ | 190 168 | 145⅛ 128½ | 141½ 125⅛ June | 109½ 103½ | 148⅜ 140½ | 250 193 | 147⅝ 135¼ | 167¾ 137½ July | 120⅛ 108¾ | 145 123¼ | 285 222 | 146⅛ 138⅝ | 155¾ 147 August | 116¼ 112½ | 129¾ 122⅛ | 261¾ 231½ | 145⅛ 140¼ | 152⅛ 146½ September| 124 116½ | 143⅛ 126⅞ | 254½ 191 | 145 142⅝ | 147⅛ 143½ October | 133½ 122 | 153¾ 140⅜ | 227¾ 189 | 149 144⅛ | 154⅜ 145½ November | 133¼ 129 | 154 143 | 260 210 | 148¾ 145½ | 148⅝ 137½ December | 134 128½ | 152¾ 148½ | 243 212¾ | 148½ 144½ | 141¾ 131¼ +-----------+-----------+-----------+-----------+----------- Year | 134 101⅛ | 172½ 122⅛ | 285 151½ | 234⅜ 128½ | 167¾ 125⅛ ---------+-----------+-----------+-----------+-----------+-----------

=========+===========+===========+===========+=========== Month. | 1867. | 1868. | 1869. | 1870. ---------+-----------+-----------+-----------+----------- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ January | 137⅞ 132⅛ | 142¼ 133¼ | 136⅝ 134⅝ | 123¼ 119⅜ February | 140⅜ 135⅛ | 144 139¾ | 136¼ 130⅞ | 121½ 115⅛ March | 140⅜ 133⅝ | 141¼ 137⅞ | 132½ 130⅜ | 116⅜ 110¼ April | 141⅝ 132⅝ | 140⅜ 137¾ | 134⅝ 131⅜ | 115⅜ 111½ May | 138⅞ 135 | 140½ 139⅛ | 144¾ 134½ | 115½ 113¾ June | 138¾ 136⅜ | 141¼ 139⅜ | 139⅝ 136½ | 114¾ 110⅞ July | 140⅝ 138 | 145¼ 143⅛ | 137¾ 134¼ | 122¾ 111⅛ August | 142½ 139⅞ | 150 143½ | 136½ 131⅜ | 122 114¾ September| 146⅜ 141 | 145⅛ 141⅛ | 162½ 129¾ | 116¾ 112¼ October | 145⅝ 140¼ | 140½ 133¾ | 132 128¼ | 113¾ 111⅛ November | 141½ 138½ | 137 132 | 128⅜ 121⅛ | 113¾ 110 December | 137⅞ 133 | 136¾ 134⅜ | 124 119½ | 111⅜ 110⅜ +-----------+-----------+-----------+----------- Year | 146⅜ 132⅛ | 150 132 | 162½ 119½ | 123¼ 110 ---------+-----------+-----------+-----------+-----------

=========+===========+===========+===========+=========== Month. | 1871. | 1872. | 1873. | 1874. ---------+-----------+-----------+-----------+----------- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ January | 111¼ 110½ | 110⅛ 108½ | 114¼ 111⅝ | 112⅛ 110⅛ February | 112¼ 110¾ | 111 109½ | 115⅛ 112⅞ | 113 111⅜ March | 111⅝ 110⅛ | 110⅝ 109¾ | 118½ 114⅝ | 113⅞ 111¼ April | 111¾ 110⅛ | 113¼ 109⅞ | 119⅛ 116¾ | 114⅜ 111¾ May | 112¼ 111 | 114⅜ 112⅛ | 118⅝ 116⅝ | 113⅛ 111⅞ June | 113⅛ 111¾ | 114¾ 113 | 118¼ 115 | 112¼ 110½ July | 113¾ 111¾ | 115¼ 113½ | 116⅜ 115 | 110⅞ 109 August | 113⅛ 111⅝ | 115⅝ 112⅛ | 116¼ 114⅜ | 110¼ 109¼ September| 115⅜ 112¾ | 115⅛ 112⅝ | 116⅛ 110⅞ | 110¼ 109⅜ October | 115 111½ | 115¼ 112¼ | 111¼ 107¾ | 110⅜ 109¾ November | 112⅜ 110⅜ | 114¼ 111⅜ | 110½ 106⅛ | 112⅜ 110 December | 110¼ 108⅜ | 113½ 111⅜ | 112⅝ 108⅜ | 112⅜ 110½ +-----------+-----------+-----------+----------- Year | 115⅜ 108⅜ | 115⅝ 108½ | 119 106⅛ | 114⅜ 109 ---------+-----------+-----------+-----------+-----------

=========+===========+===========+===========+=========== Month. | 1875. | 1876. | 1877. | 1878. ---------+-----------+-----------+-----------+----------- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ January | 113⅜ 111¾ | 113¼ 112⅜ | 107⅛ 105¼ | 102⅞ 101¼ February | 115⅜ 113¼ | 114⅛ 112¾ | 106⅛ 104⅝ | 102⅜ 101⅝ March | 117 114⅜ | 115 113¾ | 105⅜ 104¼ | 102 100¾ April | 115½ 114 | 113⅞ 112½ | 107⅞ 104¾ | 101¼ 100⅛ May | 116⅜ 115 | 113¼ 112¼ | 107⅜ 106¼ | 101¼ 100⅜ June | 117½ 116¼ | 113 111⅞ | 106⅜ 104¾ | 101 100⅝ July | 117¼ 111¾ | 112⅜ 111⅜ | 106⅛ 105⅛ | 100¾ 100⅜ August | 114¾ 112⅝ | 112⅛ 109¾ | 105½ 103⅞ | 100¾ 100½ September| 117⅜ 113¾ | 110⅜ 109¼ | 104 102⅞ | 100½ 100⅛ October | 117⅝ 114½ | 113¼ 108⅞ | 103⅜ 102½ | 100⅜ 100¼ November | 116⅜ 114⅛ | 110⅛ 108⅛ | 103⅜ 102½ | 100½ 100⅛ December | 115¼ 112⅝ | 109 107 | 103⅜ 102½ | 100½ 100 +-----------+-----------+-----------+----------- Year | 117⅝ 111¾ | 115 107 | 107⅞ 102½ | 102⅞ 100 ---------+-----------+-----------+-----------+-----------

NOTE.—Specie payment resumed January 1, 1879, after a suspension of nearly 18 years.

Latest official estimate of the values of foreign coins in the United States, January, 1887.