9th Congress.
No. 252
1st Session.

MINT.

Communicated to the House of Representatives, April 1, 1806.

Treasury Department, March 29th, 1806.   

Sir:

I have the honor to transmit, herewith, a letter from the Comptroller of the Treasury, accompanied with sundry statements which have been prepared in obedience to the act, entitled “An act establishing a mint, and regulating the coins of the United States,” passed on the 2d of April, 1792.

I have the honor to be, very respectfully, sir, your obedient servant,

ALBERT GALLATIN.

The Honorable the Speaker of the House of Representatives.

. . . . . . . .

Treasury Department, Comptroller’s Office, March 28th, 1806.   

Sir:

The statements marked A, B, C, and D, which you will receive herewith, have been prepared pursuant to the seventh section of an act of Congress, of the 2d of April, 1792, entitled “An act establishing a mint, and regulating the coins of the United States.” They contain all the information relative to the transactions of the mint which the settlements made at the treasury enable me to give.

I have the honor to be, with great respect, your obedient servant,

G. DUVALL.

Albert Gallatin, Esq.

A.

Statement exhibiting the balance of Gold and Silver remaining in the hands of the officers of the Mint, on the 31st December, 1804; the amount of deposites from the 1st January to the 31st December, 1805; 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 said 31st December, 1805, to be accounted for on a future settlement.

Ounces. Dwt. Gr.      Dolls. Cts. M.
Balance of gold bullion, &c. remaining in the hands of the officers of the mint, on the 31st December, 1804, 28 18 14 513 46 5
Gold bullion deposited from the 1st January to the 31st December, 1805, 9,636 2 6 171,308 55 5
---------------- ----------------
9,665 0 20 171,822 2 0
============ ============
Amount paid on account of deposites of gold from the 1st January to the 31st December, 1805, 190,565 38 5
Add balance of gold coins remaining in the Bank United States on the 31st December 1805, 82 33 5
----------------
190,647 72 0
Deduct this sum, being the balance of gold coins remaining in the hands of the treasurer of the mint on the 31st December, 1804, 19,327 42 0
Also this sum, being so much of the warrant No. 5578, issued at the treasury of the United States to cover the wastage in the coinage of gold, during the year ending 31st December, 1805, 952 80 0
---------------- 20,280 22 0
----------------
Gold coins made at the mint from the 1st January to the 31st December, 1805, viz:
Half eagles 33,183, and quarter eagles 1,781, weight and value, 9,583 3 10 170,367 50 0
Balance of gold bullion in the hands of the officers of the mint on the 31st December, 1805, 41 17 11 743 45 0
Profit and loss for this sum allowed for wastage in the coinage of gold from the 1st January to the 31st December, 1805, 39 19 23 711 7 0
---------------- ----------------
As above, 9,665 0 20 171,822 2 0
============ ============
Balance of silver bullion in the hands of the officers of the mint on the 31st December, 1804, 14,221 12 9 16,409 17 0
Silver bullion deposited from the 1st January to the 31st December, 1805, 126,268 14 0 145,694 59 5
---------------- ----------------
140,490 6 9 162,103 76 5
============ ============
Amount paid for deposites of silver from the 1st January to the 31st December, 1805, 142,497 72 5
Add balance of silver coins remaining in the hands of the treasurer of the mint, on the 31st December, 1804, 7,669 39 0
----------------
150,197 11 5
Deduct this sum, being the balance of silver coins in the Bank United States on the 31st December 1804, 426 33 0
Also this sum, being so much of warrant No. 5578, issued at the treasury United States to cover the wastage in the coinage of silver, during the year ending December 31st, 1805, 382 28 5
---------------- 808 61 5
Silver coins made at the mint from the 1st January to the 31st December, 1805, viz:
Dollars 321, half dollars 211,722, quarter dollars 121,394, dimes 120,780, and half dimes, 15,600, weight and value, 129,470 0 16 149,388 50 0
Balance of silver bullion in the hands of the officers of the mint on the 31st December, 1805, 10,461 5 12 12,070 25 5
Profit and loss for this sum allowed for wastage in the coinage of silver from 1st January to 31st December, 1805, 559 0 6 645 1 0
---------------- ----------------
As above, 140,490 6 9 162,103 76 5
============ ============

Comptroller’s Office, March 10th, 1806.

ANDREW ROSS.

B.

The Mint of the United States in account of copper purchased and coined from the commencement of the institution, to the 31st of December, 1805, with the United States.

Dr. Cr.
Avoirdupois
weight.		 Troy weight. Cost of
copper.
lbs. oz. dwt. lbs. oz. dwt. Dolls. Cts.
To amount of rough copper and copper planchettes purchased from the commencement of the institution to the 31st December, 1804, per statement marked B, accompanying the Comptroller’s report of the 26th February, 1805, 714,478 9 2 198,574 22
Amount short charged on the cost of copper, per report No. 16,221, being for insurance, charged at two per cent. instead of at two guineas per cent. 16 71
-------------- --------------
714,478 9 2 198,590 93
Balance, being the amount gained, 31,092 57
Troy weight. Value of copper at the rate of 7 dwt. to one cent.
lbs.  oz. dwt. Dolls. Cts.
By amount of rough copper and copper planchettes accounted for per statement marked B, accompanying the Comptroller’s report of the 26th February, 1805, 616,110 5 10 197,239 19
Amount of cents and half cents charged by the treasurer of the mint, as delivered to the United States in the year 1805, viz.
  In the quarter ending March 31, $1,335 00
  In the quarter ending June 30, 6,660 00
  In the quarter ending September 30, 1,622 32
  In the quarter ending December 31, 4,596 16
---------- 41,455 11 16 14,213 48
-------------- --------------
657,566 5 6 211,452 67
Balance remaining, on the 31st December, 1805, viz:
Cents and half cents in the hands of the treasurer of the mint, 3,120 10 0 1,070 00
Planchettes fit for striking, in the hands of the chief coiner, 50,052 5 3 17,160 83
lbs. oz. dwt.
Profit and loss per amount of statement last rendered, 3,102   8 3
Do. for this weight of half-cent planchettes spoiled and delivered to the treasurer of the mint, in June quarter 81 8 0
Do. for this weight of cent planchettes delivered to ditto, in December quarter, 69  10  11
Do. being an allowance to the chief coiner for half cent weighing more than standard weight, June quarter, 245 9 4
Do. being do. to do. for cents weighing more than standard weight 239 0 15
---------- 3,739 0 13
-------------- --------------
714,478 9 2    229,683 50
-------------- --------------
714,478  9  2             229,683 50

Comptroller’s Office, March 18th, 1806.

ANDREW ROSS.

C.

Summary Statement exhibiting the value of coins made at the mint; the amount of disbursements on account of the establishment; the amount allowed for wastage; the amount retained of deposites; and the amount gained on the coinage of copper, from the commencement of the institution to the 31st December, 1805.

Value of gold, silver, and copper coins made at the mint, to 31st December, 1804, $4,301,894 22
Do.  of gold coins made from 1st January, to 31st December, 1805, per account herewith, marked A, 170,367 50
Do.  of silver    do.    do.    do. 149,388 50
Value of copper coins,    do.    do.    do. per account herewith, marked B, 14,213 48
---------------- 333,969 48
Total value of gold, silver, and copper coins, 4,635,863 72
===========
Nett charge on the coinage of gold, silver, and copper, to the 31st December, 1804, per account rendered, 241,221 96 0
Add amount gained on the coinage of copper, to 31st December, 1804, per account rendered, 31,327 46 5
----------------
272,549 42 5
From the above deduct amount wastage on gold and silver, to same period, 17,193 96 0
Add amount retained of deposites,    do.    do.    do. 2,581 54 5
---------------- 14,612 42 5
---------------- 257,937 00 0
Add amount disbursed, on account of the establishment, from the 1st January to 31st December, 1805, 17,687 80 0
Add also amount of wastage on gold and silver,to 31st December, 1804, per account rendered, 17,193 96
Do.    do.    do.     from 1st January to 31st December, 1805, per account herewith, 1,356 08
----------------
18,550 04
From the above deduct amount retained of deposites, to 31st December, 1804, 2,581 54 5
Also, amount retained of deposites, from the 1st January to 31st December, 1805, 251  60  0
---------------- 2,833  14  5
---------------- 15,716 89 5
----------------
291,341 69 5
Deduct amount gained on the coinage of copper, from the commencement of the institution to the 31st December, 1805, per statement herewith marked B, 31,092 57 0
----------------
Nett amount charged on the coinage of gold, silver, and copper, from the commencement of the institution to the 31st December, 1805, including the cost of lots, buildings, &c. $260,249  12  5

Note.- The value of gold coined to 31st December, 1805, is $2,547,557  50
 do.    of silver do.    do. 1,910,402 35
 do.    of copper do.    do. and charged as delivered to the treasurer of the United States, 177,903 47
----------------
As above     4,635,863 72
Add copper coins in the hands of the treasurer of the mint, 1,070 00
----------------
Total value of coins made,     $4,636,933 72
===========

Comptroller’s Office, March 18th, 1806.

AND. ROSS.

D.

Statement of the appropriations made by law for the Mint establishment, for the year one thousand eight hundred and five, with the amount of warrants drawn by the Secretary of the Treasury on said appropriations.

Amount of warrants drawn on the treasurer in favor of the mint, for the services of the year 1805, $9,335  08
Balance unexpended on the 1st January, 1806, 66,362  07
----------
$75,697  15
=======
Balance of the several appropriations for the mint establishment, unexpended on the 1st January, 1805, $52,083  67
Appropriated by “An act respecting the mint,” dated the 24th April, 1800, being the amount of cents and half cents paid into the treasury in 1805, 14,213  48
Ditto, by “An act making appropriations for the support of Government for the year 1805,” passed 1st March, 1805, 9,400  00
----------
$75,697  15
=======

 

Statement of appropriations made by law, for the payment of the salaries of the officers and clerks of the Mint, for the year one thousand eight hundred and five.

Amount of warrants drawn on the Treasurer of the United States, for the salaries of the officers and clerks, in 1805, $10,600  00
=======
Appropriated by the act making appropriations for the support of Government for the year 1805, passed the 1st March, 1805, $10,600  00
=======

 

Statement of the application of moneys advanced from the Treasury of the United States for the support of the Mint establishment, during the year one thousand eight hundred and five.

Moneys paid by the treasurer of the mint, on warrants drawn by him on the Director, and admitted by the accounting officers of the treasury, on the adjustment of his accounts, were as follow, viz:
Incidental and contingent expenses and repairs of the mint.
For $7,087 80, being the amount expended for the requisite repairs, apparatus, machines, wages of workmen, and other expenses, in the 1st quarter, $1,356  47
      2d quarter, 1,643  81
      3d quarter, 1,970  28
      4th quarter, 2,117  24
---------- $7,087  80
Copper purchased for coinage.
For this sum, short credited in treasury settlement, No. 16,221, 16  71
Salaries of the Officers and Clerks of the Mint.
In the 1st quarter, $2,650  00
      2d   do. 2,650  00
      3d   do. 2,650  00
      4th   do. 2,650  00
---------- 10,600  00
Wastage in the coinage of gold and silver.
Applied to make good the deficiency in said coinage, for the year 1804, 1,335  08
Balance to be accounted for by the treasurer of the mint, 6,908  55
----------
$25,948  14
=======
Balance which was to be accounted for by the treasurer of the mint, on the 1st January, 1805, as per statement for the preceding year, 6,013  06
   Advanced from the treasury for said establishment, viz:
For the salaries of the officers and clerks, 10,600  00
For the purchase of copper, and the incidental expenses, 9,335  08
----------
$25,948  14
=======
Account of cents and half cents paid into the Treasury of the United States, by the Treasurer of the Mint, in the year one thousand eight hundred and five.
In the 1st quarter, $1,335  00
      2d   do. 6,660  00
      3d   do. 583  32
      4th   do. 5,636  16
----------
$14,213  48
=======

Treasury Department, Register’s Office, March 24, 1806.

JOSEPH NOURSE, Register.