25th Congress,
3d Session.
[SENATE.]
[279]

REPORT
from
THE SECRETARY OF THE TREASURY,

Showing
The Operations of the Mint for the year 1837.

February 28, 1839.

Laid on the table, and ordered to be printed.

Treasury Department, February 28, 1839.

Sir: I have the honor to transmit, herewith, three statements, marked A, B, C, which have been prepared by the Comptroller of the Treasury persuant to the 7th section of the act of Congress of the 2d April, 1792, entitled “An act establishing a mint and regulating the coins of the United States.”

These statements contain all the information relative to the transactions of the mint for the year 1837, that the settlements made at the Treasury afford.

It may be proper to remark that the accounts for 1837 were not rendered by the mint in time to enable the Comptroller to make the annual report for the year 1837, as required by the act referered to.

I remain, very respectfully, your obedient servant,

LEVI WOODBURY,
Secretary of the Treasury.

The Hon. Wm. R. King,
President pro. tem., Senate, United States.

A.

Statement exhibiting the balance of the gold and silver bullion remaining in the hands of the officers of the mint on the 31st December, 1836; the amount paid for deposites; the amount deposited for coinage from 1st January to 31st December 1837; the different species of coins made and paid on account of deposites; allowance for wastage; and the balance remaining in the hands of the officers of the mint on the 31st December, 1837, to be accounted for on a future settlement, viz:

GOLD. Ounces. Dollars.
Gold bullion in the hands of the officers of the mint 31st December, 1836 983.954 18,306 13
Gold bullion deposited for coinage from 1st January to 31st December, 1837 61,551.620 1,145,146 36
Silver bullion deposited for coinage from 1st January to 31st December, 1837  
62,535.574 1,163,452 49
Amount paid for deposits of gold from 1st January to 31st December, 1837 820,074 11
Gold coins in the hands of the Treasurer of the mint 31st December, 1837 340,201 89
1,160,276 00
Deduct gold coins in the Bank of the United States 31st December, 1836 11,971 00
1,148,305 00
Gold coins made at the mint in the year 1837: 207,121 half eagles; 44,400 eagles 61,720.720 1,148,305 00
Allowed for wastage to melter and refiner and chief coiner, first and fourth quarters 1837, 51.047 937 15
Gold bullion in the hands of the Treasurer of the mint 31st December, 1837 733.035 13,637 84
Gold bullion, being reserved for assay pieces, in the hands of the Treasurer of the mint 31st December, 1837 30.772 572 50
62,535.574 1,163,452 49
SILVER.
Silver bullion in the hands of the officers of the mint 31st December, 1836 262,723.52  305,714 65
Silver bullion deposited for coinage from 1st January to 31st December, 1837 1,565,400.50 1,829,427 90 5
Deduct silver bullion due to the Treasurer of the mint 31st December, 1837 19,648.95 22,864 20 0
1,545,751.55  1,806,563 70 5
1,808,475.07  2,112,278 35 5
Amount paid for deposits of silver from 1st January to 31st December, 1837 1,658,685 71
Silver coins in the hands of the Treasurer of the mint 31st December, 1837 529,624 61
2,188,310 32
Deduct silver coins in the Bank of the United States 31st December, 1837 83,829 30
2,104,481 02
Silver coins made at the mint in the year 1837: 2,276,000 half dimes; 1,042,000 dimes; 252,400 quarter dollars; 3,629,820 half dollars; 600 dollars 1,801,774.30  2,104,481 02
Silver coins in the hands of the Treasurer of the mint 31st December, 1837 178.15  207 30
Allowed melter and refiner and chief coiner, for wastage in the year 1837 6,522.62  7,590 03 5
1,808,475.07   2,112,278 35 5
Comptroller’s Office, February 27, 1839.
LUND WASHINGTON.

B.

The Mint of the United States in account of copper purchased from the commencement of the institution to 31st December, 1837.

Dr. Cr.


To amount of rough copper and copper

 Troy weight. Cost of copper.
To amount of rough copper and copper planchets purchased from the commencement of the institution to the 30th September, 1836, per statement marked B, accompanying the Comptroller’s letter of the 6th July, 1838  2,323,406 6 17 $594,554 56 5
To cost of copper purchased in the fourth quarter of 1836, and first quarter of 1837, from M.R. Bolton, and Crocker, Brothers, & Co.75 casks 59,558 3 15 15,186 64
2,382,964 10 12 609,741 20 5
To amount gained in weight arising from the cents weighing less than 7 pennyweights each 150,278 9 18
To amount gained on coinage to 31st December, 1837, from the commencement of the institution 243,947 67 5
By amount of rough copper and copper Troy weight. Value of copper, at the rate of 7 dwts. to a cent.
By amount of rough copper and copper planchets accounted for from the commencement of the institution to the 30th September, 1836, per statement marked B, accompanying the Comptroller’s letter of the 6th July, 1838 2,296,921 3 16 $772,664 06
By amount of cents deposited by the Treasurer of the mint to the credit of the Treasurer of the United States in the fourth quarter of 1836 and first quarter of 1837 43,429 2 00 14,890 00
By amount of cents remitted to Crocker, Brothers, & Co., fourth quarter of 1837, in payment for planchets 55,619 2 8 19,069 44
By amount of cents distributed by the Treasurer of the mint in fourth quarter of 1837 73,220 7 7 25,104 21
Amount accounted for 2,469,190 3 11 831,727 71
In hands of the Treasurer of the mint, fourth quarter of 1837, in copper coins 64,053 4 19 21,961 17
2,533,243 8 10 853,688 88
To amount of rough copper, and copper Cost of copper.
2,533,243 18 10 853,688 88  
Comptroller’s Office, February 27, 1839.
LUND WASHINGTON.

C.

Summary statement exhibiting the value of the coins made at the mint; the amount of disbursements on account of the establishment; the amount allowed for wastage; the amount retained of deposits; and the amount gained on the coinage of copper from the commencement of the institution to the 31st December, 1837, viz:.

Dollars. Dollars.
Value of gold, silver, and copper coinage, to 31st December, 1836 69,614,388 80
Gold coins made from 1st January to 31st December, 1837, per account A 1,148,305 00
Silver coins made from 1st January to 31st December, 1837, per account A 2,104,481 02
Copper coins made from 1st October, 1836, to 31st December, 1837, per account B 81,024 82
3,333,810 84
Total value of gold, silver, and copper 72,948,199 64
Nett charge on the coinage of gold, silver, and copper, to 31st December, 1836 690,772 21
Add amount gained on the coinage of copper to the same period 196,244 76 5
887,016 97 5
From which deduct amount of wastage on gold and silver to the 31st of December, 1836 208,741 87 5
678,275 10
Amount disbursed on account of the establishment from 1st January to 31st December, 1837 73,933 61
Amount of wastage on gold and silver to 31st December, 1836, brought down 208,741 87 5
Add amount of wastage on gold and silver from 1st January to 31st December 31, 1837 8,527 18
217,269 05 5
From which deduct amount retained from deposites to the 31st December, 1836 $76,890 84
Also this sum from 1st January to 31st December, 1837 6,756 82
From which deduct amount retained from deposites to the 31st December, 1836    
83,647 66
133,621 39 5
885,830 10 5
Deduct amount gained on the coinage of copper from the commencement of the institution to 31st December, 1837 243,947 67 5
Net amount chargeable to the coinage of gold, silver, and copper, from the commencement of the institution to 31st December, 1837, including the cost of lots, buildings, and machinery 641,882 43
Comptroller’s Office, February 27, 1839.
LUND WASHINGTON.