25th Congress,
2d Session.
[Doc. No. 457.]
Ho. of Reps.
Treas. Dept.

MINT OF THE UNITED STATES.

LETTER
from
THE SECRETARY OF THE TREASURY,

Transmitting
Statements in relation to the Operations of the Mint of the United States for the year 1836.

July 7, 1838.

Read, and laid upon the table.

Treasury Department, July 12, 1838.

Sir: I have the honor to transmit, herewith, three statements, marked A, B, C, which have been prepared by the Comptroller, persuant to the 7th section of an act of Congress passed on the 2d of 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, in A.D. 1836, that the settlements made at the Treasury afford.

It may be proper to add, that the accounts were not rendered by the Mint in time to enable the Comptroller to make the annual report for the year 1836, as required by the act above mentioned.

I remain, very respectfully, your obedient servant,

LEVI WOODBURY,
Secretary of the Treasury.

Hon. James K. Polk,
Speaker of the House of Reps.

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, 1835; the amount paid for deposites; the amount deposited from January 1 to December 31, 1836; the different species of coins made and paid on account of deposites; allowances for wastage; and the balance remaining in the hands of the officers of the Mint on the 31st December, 1836, to be accounted for on a future settlement.

GOLD. Oz. Dwts.grs. Dolls. Cts.
Gold bullion in the hands of the officers of the Mint 31st December, 1835 4,181 15 10 77,799 39
Gold bullion deposited for coinage from January 1 to December 31, 1836 219,577 06 06 4,085,159 19
Gold coins made at the Mint in the year 1836: 861,847 half eagles, and 547,986 
223,759 01 16 4,162,958 58
Amount paid for deposits of gold from January 1 to December 31, 1836 4,127,585 04
Gold coins in the Bank of the United States 31st December, 1836 11,971 00
4,139,556 04
Deduct gold coins in the Bank of the United States 31st December, 1835 3,856 04
4,135,700 00
Gold coins made at the Mint in the year 1836: 861,847 half eagles, and 547,986 quarter eagles 222,293 17 12 4,135,700 00
Allowed to chief coiner, melter, and refiner for wastage during the year 1836, 481oz. 4dwts. 4grs., less, fractions rejected, 4 grains 481 04 00 8,952 45
Gold bullion in the hands of the chief coiner and treasurer 31st December, 1836 984 00 04 18,306 13
223,759 01 16 4,162,958 58
SILVER.
Silver bullion in the hands of the officers of the Mint 31st December, 1835 738,865 06 22 852,535 57
Silver bullion deposited for coinage from January 1 to December 31, 1836 2,664,788 10 00 3,074,755 94
3,403,653 16 22 3,927,291 51
Amount paid for deposits of silver from January 1 to December 31, 1836 3,733,085 02
Silver coins in the Bank of the United States 31st December, 1836 83,829 30
3,816,914 32
Deduct silver coins in the Bank of the United States 31st December, 1835 210,814 32
3,606,100 00
Silver coins made at the Mint in the year 1836: 1,234,000 half dismes, 1,190,000 dismes, 472,000 quarter dollars, 6,546,200 half dollars, and 1,000 dollars 3,125,286 13 08 3,606,100 00
Allowances to the chief coiner, melter, and refiner, for wastage in the year 1836 13,411 06 18 15,474 62
Silver bullion in the hands of the officers of the Mint 31st December, 1836 264,955 16 20 305,716 89
3,403,653 16 22  3,927,291 51
Comptroller’s Office, July 6, 1838.
LUND WASHINGTON, Clerk.

B.

The Mint of the United States in account of copper purchased from the commencement of the institution to December 31, 1836.

Dr. Cr.


To amount of rough copper and copper

 Troy weight. Cost of copper.
  lbs.  oz. dwt.   Dolls.  cts. ms.
To amount of rough copper and copper planchets purchased from the commencement of the institution to the 31st December, 1835, per statement marked B, accompanying the Comptroller’s letter of June 16, 1836  2,283,146 10 08 583,999 47 5
To cost of copper purchased in the 2d and 3d quarters 1836, from Crocker, Brothers, & Co., and M.R. Bolton, including expenses of freight, loss in exchange, &c. 40,259 08 09 10,555 09 0
Amount and cost of copper 2,323,406 06 17 594,554 56 5
Amount gained in weight arising from the cents weighing less than 7 pennyweights each 26,409 03 17
Amount gained on coinage to September 30, 1836 196,244 76 5
2,349,815 10 14 790,799 33 0
By amount of rough copper and copper Troy weight. Value of copper, at the rate of 7 pennyweights to a cent.
lbs.  oz. dwt. Dolls.  cts.
By amount of rough copper and copper planchets accounted for from the commencement of the institution to December 31, 1835, per statement marked B, accompanying the Comptroller’s letter of June 16, 1836 2,249,612 11 16 756,444 06
By amount of cents deposited by the treasurer of the mint to the credit of the Treasurer of the United States in the 1st, 2d, and 3d quarters of 1836 47,308 04 00 16,220 00
Amount accounted for 2,296,921 03 16 772,664 06
On hand September 30, 1836, in hands of the Treasurer:
   Coined		 12,634 10 05 4,331 95
   Uncoined 40,259 08 13 13,803 32
To amount of rough copper, and copper Value of copper,
2,349,815 10 14 790,799 33
Comptroller’s Office, July 6, 1838.
LUND WASHINGTON, Clerk.

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, 1836.

Dolls. cts. ms. Dolls. cts. ms.
Value of gold, silver, and copper coinage up to December 31, 1835 61,856,368 80 0
Gold coins made from January 1 to December 31, 1836, per account A 4,135,700 00 0
Silver coins made from January 1 to December 31, 1836, per account A 3,606,100 00 0
Copper coins made from January 1 to September 30, 1836, per account B 16,220 00 0
7,758,020 00 0
Total value of gold, silver, and copper 69,614,388 80 0
Nett charge on the coinage of gold, silver, and copper, to December 31, 1835 553,647 85 0
Add amount gained on the coinage of copper to the same period 191,191 53 5
744,839 38 5
From which deduct:
Amount of wastage on gold and silver to December 31, 1835 $184,314 80 5
Less this amount, over deducted in last summary statement 52,383 84 5
131,930 96 0
612,908 42 5
Amount disbursed on account of the establishment from January 1 to Dec. 31, 1836 142,257 52 0
Add the amount of wastage on gold and silver to December 31, 1835  $184,314 80 5
Also the amount of wastage from January 1 to December 31, 1836 24,427 07 0
208,741 87 5
From which deduct amount retained from deposites to Dec. 31, 1835 $71,724 84 0
Also this sum from January 1 to December 31, 1836 5,166 00 0
76,890 84 0
131,851 03 0
887,016 97 5
Deduct amount gained on the coinage of copper from the commencement of the institution to September 30, 1836 196,244 76 5
Net amount chargeable to the coinage of gold, silver, and copper, from the commencement of the institution to December 31, 1836, including the cost of lots, buildings, and machinery 690,772 21 0
Comptroller’s Office, July 6, 1838.
LUND WASHINGTON, Clerk.