Report of the Director of the Mint Upon the Production of Precious Metals in the United States During the Calendar Year 1898 (Classic Reprint)

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Excerpt from Report of the Director of the Mint Upon the Production of Precious Metals in the United States During the Calendar Year 1898It has been the custom of the Bureau of the Mint to make for every calendar year two independent calculations of the gold product of the country and to take their mean as the closest approximation that can be had to the actual outturn of the mines. The first of these is based on the amount of gold put upon the market by private refineries during the year, plus the fine gold contained in the unrefined of domestic pro duction deposited at the mints and assay offices of the United States, plus the pure metal of domestic production contained in ores, Copper matte, etc., exported to other countries for reduction. The second cal culation is based on the known disposition made of the newly produced gold in any calendar year._ Such gold is either deposited at the mints and assay offices of the United States, or exported from the United States in the form of bullion, ores, or copper matte, or used in the industrial arts. If foreign gold bullion enters into any of the above items, its amount must of course be deducted.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.