9th Congress.
No. 239
1st Session.

MINT.

Communicated to the Senate, January 15, 1806.

To the Senate and House of Representatives of the United States:

I communicate, for the information of Congress, the report of the Director of the Mint, of the operations of that institution during the last year.

TH: JEFFERSON.

January 15, 1806.

. . . . . . . .

Mint of the United States, Philadelphia, January 3d, 1806.   

Agreeably to former practice, I have the honor, at the commencement of the present year, to lay before you a statement of the issues from the mint of the United States, and the expenses of the institution, during the past year: and conceiving that it might not prove unacceptable, the treasurer has, at my request, drawn up, and exhibited, in one comprehensive view, schedule No. 4, a statement of all the gold, silver, and copper coins, struck at the mint, from the commencement of its operation till the present time.

From this statement, it appears that, of gold coins issued from the mint, the whole amount is 2,613,972½ dollars; of silver coins, 1,953,917¾ dollars: and of copper coins, 179,453 dollars 47½ cents; making the total amount 4,747,343 dollars 72½ cents; and the total number of pieces 22,594,832.

During the last year, as will appear in particular detail from schedule No. 1, there have been struck at the mint, of gold coins, 34,964 pieces, amounting in value to 170,367½ dollars; of silver coins, 469,496 pieces, value 149,067½ dollars; and of copper coins, 1,755,580 pieces, value 13,483 dollars 48 cents; making the total number of pieces of the precious metals 504,460, and of copper coins 1,755,580; and the total value 332,918 dollars 48 cents. This amount is indeed somewhat less than that of the preceding year, ($371,827  94) yet the number of pieces is much greater, being all of the smaller coins; and this latter circumstance will readily account for the small difference in value; since the labor and time necessary to prepare and strike an equal number of large and small pieces of coin, will be nearly equal.

Of the precious metals, the number of pieces coined in the last year far exceeds that in any former year since the establishment of the mint; indeed, it is considerably more than double of what it has been in any one of the four last years.

The striking of small coins is a measure which has been adopted to accommodate the banks and other depositors, and at their particular request, both with a view of furnishing a supply of small change, and to prevent the exportation of the specie of the United States to foreign countries.

I am authorized, sir, to assure you, that the Bank of the United Stales (with perhaps the other banks in this city) will furnish the mint an ample supply of bullion during the current year; and to avoid, as far as practicable, all inconvenient delay in the issue of coins, I am, with your approbation. about to employ a few additional workmen. The utmost economy, however, in the expenses of the institution, will be carefully observed.

The schedule No. 3 exhibits an abstract of the expenditures of the mint during the last year. From this it will be observed that the contingent expenses, in the last six months, have been pretty considerable. This has arisen from sundry repairs, particularly of the stable, coal house, a pair of rollers, and one of the coining presses, which could no longer be dispensed with, but which will not again occur in many years.

Schedule No. 2 exhibits a general statement of the gain on the copper coinage fur the last year, amounting to $2,187  68, exclusive of 51 dollars 96 cents of spoiled planchettes, used in the alloy of the precious metals. This gain would have been still greater, had not the planchettes proved to be somewhat over weight, though the late Director had given the most particular charges and instructions on this head to the person of whom they were purchased.

I have, sir, the honor to be, with the greatest esteem, your most obedient servant,

ROBERT PATTERSON, Director.

To the President of the United States.


No. 1.

An abstract of the Coins struck at the Mint of the United States, from the 1st January to 31st December, 1805.

SILVER.
Half
Dollars.
Quarter
Dollars.
Dimes. Half
Dimes.
Dolls. Cts.
Quarter ending in March, 51,388 - - - 25,694  00
"      " June, 24,260 65,726 - - 28,561  50
"      " September, 51,200 55,668 67,540 - 46,271  00
"      " December, 84,874 - 53,240 15,600 48,541  00
469,496 pieces of silver coins, 211,722 121,394 120,780 15,600
Total amount of silver coins, $149,067  50
 
GOLD.
Half
Eagles.
Quarter
Eagles.
Dolls. Cts.
Quarter ending in March, 6,660 - 33,300  00
"      " June, 1,423 - 7,115  00
"      " September, 20,576 - 102,880  00
"      " December, 4,524 1,781 27,072  50
34,964 pieces of gold coins, 33,183 1,781
Total amount of gold coins, 170,367  50
 
COPPER COINS.
Cents Half
Cents.
Dolls. Cts.
Quarter ending in March, 108,000 939,000 3,275  00
"      " June, 187,500 255,464 3,152  32
"      " September, 301,000 - 3,010  00
"      " December, 344,616 120,000 4,046  16
1,755,580 pieces of copper coins, 941,116 814,464
Total amount of copper coins, 13,483  48
 
Total number of pieces of coin, 2,260,040.
Amount of all the coins struck at the mint, in 1805,   $332,918  48

Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1805.

BENJAMIN RUSH.


No. 2.

A Statement of the gain on Copper coined at the Mint of the United States, from the 1st January to the 31st December, 1805.

1804.
Dec'r. 31, - 11,941  66.5 Amount remaining in hands of the chief coiner, as per abstract rendered, on which there was a profit of 2,221  10.5
1805.
June 29, - - Deduct, returned by him in spoiled half cent planchettes, 28  00  
Allowed him for difference in weight of the half-cent planchettes, 84  26  
------   112  26  
Being part of the invoice of copper delivered him 28th Nov. 1804.
Nov. 6, - - Returned by the chief coiner, in spoiled cent planchettes, 23  96  
Allowed him for difference of weight on the cent planchettes, 81  96.5
------   105  92.5
11,723  18 218  18.5 Being part of the same invoice. ------     218  18.5
------   ------   2,002  92
  "   11, - 18,920  83   Amount of the invoice of copper entered 31st Dec. 1804, and delivered to the chief coiner for coinage this day, on which there was a profit of 2,002  92  
June 19, - - Deduct so much short entered of the cost of said invoice, on 31st Dec. 1804, 16  71  
Dec'r. 31, - 17,160  83   ------  
1,760  00 ======     1,986  21  
------     So much yet remaining in the hands of the chief coiner, uncoined, which will take a proportion of above profit, of 1,801  45  
------     184  76
13,483  48 - Amount of copper coined in 1805. ------    
Amount of profit in coining said sum, - $2,187  68

Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1805.

BENJAMIN RUSH.


No. 3.

An Abstract of the Expenditures of the Mint of the United States, from 1st January to 31st December, 1805.

Salaries. Wages. Incidental. Totals.
1805.  Quarter ending in March, 2,650 1,075  67 280  80 4,006  47
Ditto, June, 2,650 1,140  67 503  24 4,293  91
Ditto, September, 2,650 1,291  58 678  70 4,620  28
Ditto, December, 2,650 1,236  34 880  90 4,767  24
  $10,600   $4,744  26   $2,343  64   $17,687  90

Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1805.

BENJAMIN RUSH.


No. 4.

A Statement of the Gold, Silver, and Copper Coins, struck at the Mint of the United States, from the commencement of that Institution to the 31st December, 1805.

GOLD COINS. SILVER COINS. COPPER COINS. Totals.
Eagles. Half
Eagles.
Quarter
Eagles.
Amount in dollars
and cents.
Dollars. Half
Dollars.
Quarter
Dollars.
Dimes. Half
Dimes.
Amount in dollars
and cents.
Cents Half
Cents.
Amount in dollars
and cents.
Copper coinage, commenced
   1st March, 1793,
Silver coinage,       do.
   15th October, 1794,
Gold coinage,         do.
   31st July, 1795
To 31st
December,
1795.
2,795 8,707 $71,485  00 204,791 323,144 86,416 370,683  80 1,066,033 142,534 11,373  00   453,541  80   
From 31st Dec. 1795, to 29th Nov. 1796 6,080 3,399 66 77,960   00 68,150 5,894 22,135 10,230 72,348  50 974,700 115,480 10,324  40   160,632  90   
29th Nov. 1796, to December, 1797 15,409 7,097 2,012 194,605  00 56,382 3,918 252 25,261 44,527 63,156  45 945,510 107,048 9,990  34   267,751  79   
1st January to 31st December, 1798 7,974 24,867 614 205,610  00 327,536 27,550 330,291  00 979,700 9,797  00   545,698  00   
do. do. do. 1799 17,483 7,451 480 213 285  00 423,515 423,515  00 904,585 12,167 9,106  68½ 645,906  68½
do. do. do. 1800 25,965 11,622 317,760  00 220,920 21,760 24,000 224,296  00 2,822,175 211,530 29,279  40   571,335  40   
do. do. do. 1801 29,254 26,006 422,570  00 54,454 30,289 34,640 33,910 74,758  00 1,362,837 13,628  37   510,956  37   
do. do. do. 1802 15,090 53,176 2,612 423,310  00 41,650 29,890 10,975 13,010 58,343  00 3,435,100 14,366 34,422  83   516,075  83   
do. do. do. 1803 8,979 33,506 423 258,377  50 66,064 31,715 33,040 37,850 87,118  00 2,471,353 97,900 25,203  03   370,698  53   
do. do. do. 1804 9,795 30,475 3,327 258,642  50 19,570 156,519 6,738 8,265 100,340  50 756,838 1,055,312 12,844  94   371,827  94   
do. do. do. 1805 33,183 1,781 170,367  50 321 211,722 121,394 120,780 15,600 149,388  50 941,116 814,464 13,483  48   333,239  48   
  138,824   239,489   11,315   1,483,032   787,197   134,278   304,406   265,543   16,659,947   2,570,801
22,594,832 pieces of coins. Amount of gold coins.   $2,613,972  50 Amount of silver coins.   $1,953,9x7  75 Amount of copper coins.   $179,453  47½
Total amount of all the coins.   4,747,343  72½

Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1805.

BENJAMIN RUSH.