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A comparison of this table with that of last year shows that the output of Alaska increased $5,645,845.58, while that of the Yukon, or Northwest Territory, decreased $2,612,245.22. With the exceptions of Oregon and Washington, from which there were slight decreases in receipts, the other districts showed small increases in receipts. The total increase in receipts for the year 1906 over the year 1905 was $3,018,846.71.

The receipts from the different districts of Alaska are shown in the following table:

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STATEMENT OF GOLD DEPOSITS FROM THE OPENING OF THE INSTITUTION ON JULY 15, 1898, TO THE CLOSE OF BUSINESS JUNE 30, 1906.

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The following statement shows the amount of deposits, earnings, and expenditures, also percentage of net expenses to deposits, during the fiscal year 1906:

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QUANTITY OF METAL OPERATED UPON, WASTAGE, AND Loss, FisCAL YEAR 1906.

The quantity of precious metals operated upon in the different departments of the mints and assay office at New York during the fiscal year 1906 aggregated 19,889,193.560 standard ounces of gold and 26,180,465,44 standard ounces of silver.

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Melter and refiner 3, 750, 486.316 3,750.486 3,750, 371.464 3,124,995.729

Total:

Melter and
refiner...
Coiner......

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13,640,753.718 13,640.751 13,640,683.085 12,561,564.450
7,435, 350. 110 3,717.674 7,435, 131.284 7,327, 629.110

573.484

321.307

11.039

229.865

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Melter and refiner 5, 138, 681.59 7,708.02 5, 139, 045.35 4,349,091.98

363.76

Total:

Melter and
refiner..
Coiner....

17,528,886.28 26, 293.31 17, 537, 155.05
10, 071, 870. 48 10,071.85 10,068, 002.31

16, 291, 633. 16 19,320.63
9,888, 832. 28

3,868.17

Grand to-
tal....

27,600, 756.76 36, 365.16 27,605 157.36 26, 180, 465.44 19,320.63 3,868.17

The value of the precious metals wasted in the metallurgical and mechanical departments was $12,247.62. $12,247.62. A loss of $13,836.52 occurred from the difference between the assay value of the bullion contained in sweeps and leady melts sold and the amount received for the same.

WASTAGE AND LOSS ON SALE OF SWEEPS, FISCAL YEAR 1906.

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The wastage and losses aggregated $26,084.14. losses there were gains arising from the operations in lows:

13, 178.56 26, 084.14

Against these bullion, as fol

13, 178. 56

14,097.64

Character of gains.

Surplus bullion returned by operative officers..
Precious metals received in grains and sweeps..

Gains on bullion shipped from the minor assay offices to the mints for coinage..

Total gain.....

Fiscal year 1906.

$21,645.96

22, 409.46 5,058. 18

49, 113.60

Deducting the incidental gains on bullion from the value of the total operative wastage and loss on sale of sweeps, there was a net gain in the operations of the mints during the fiscal year of $23,029.46.

SUMMARY OF THE WORK OF THE MINOR ASSAY OFFICES.

The institutions of the mint service consist of the coinage mints at Philadelphia, San Francisco, New Orleans, and Denver; the mint at Carson, which at present is conducted as an assay office; the assay office at New York, which, like each of the coinage mints, operates a refinery, and the minor assay offices at Boise, Helena, Charlotte, St. Louis, Deadwood, and Seattle. Bullion is received at the assay offices on the same terms as at the mints, except that an additional charge of one-eighth of 1 per cent is made at the former. Bullion purchased at the assay offices becomes the property of the Government, and is shipped to the mints at the expense of the Government. The express charges upon bullion shipped from the minor offices to the mints and upon coin from the mints to the assay cffices during the year amounted to $56,753.69, and on shipment of gold and silver

bullion from the assay office at New York to the mint at Philadelphia to $4,095.02. The cost of maintaining these minor offices and a statement of their deposits and earnings are given below:

DEPOSITS, EARNINGS, AND EXPENDITURES, WITH PERCENTAGE OF NET EXPENSES TO DEPOSITS.

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The melts of gold and silver for ingots made and condemned, and the percentage of finished coin produced from ingots operated upon during the fiscal year 1906:

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RECEIPTS OF GOLD BULLION AT MINTS AND ASSAY OFFICES, FISCAL YEAR 1906.

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Total..

221, 029.83

548, 423. 44

17,946, 285.74

152,307, 371.64 802, 121.88 21,502.90 23,617, 988.67 10, 161, 493.07 186,910, 478. 16

DISPOSITION OF GOLD BULLION AT MINTS AD ASSAY OFFICES, FISCAL YEAR 1906.

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$110, 560.59
2,099.43

9, 644.81

93,068.75

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7,065.82 4,099, 966. 43

26, 592,500.00

1,222.95

4, 425, 099.84 10,082, 553. 44 26,685.82, 20,055, 385.94

84.70

$3,902.87 $11, 536.20 $6, 392, 212. 53 a$20, 261, 887.82 $5, 981.89 $26, 786, 081.90

868,950.00 17,740,000.00 2,050.98 2, 136.78

30, 701, 631.68 879,902. 46 17,835, 119.73 34, 591, 861.82

592, 965.80 2,409, 685, 48 742, 335.49 230,344.95 221,810.04

592, 965.80

28, 939.81 2, 380, 745. 67

742, 335. 49

6,014. 92

224,330.03

221, 810.04

525, 269. 16

943. 48 19,055, 814.91

Total.... 4,676,371.63 33,829, 727.41 46, 510. 79 30, 547, 564. 90

525, 269. 16

19,056, 758.39

65, 463, 337.82 10, 254. 35 134, 573, 766.90

a Of this amount, $12,461,240.32 was coinage for the Government of Mexico.

RECEIPTS, DISPOSITION, AND BALANCES OF GOLD BULLION AT MINTS AND ASSAY OFFICES, FISCAL YEAR 1906.

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AMOUNT AND COST OF SILVER BULLION PURCHASED UNDER ACT OF FEBRUARY 28, 1878, AND TRANSFERRED FROM THE RESUMPTION ACT; AMOUNT AND COST USED IN COINAGE OF STANDARD DOLLARS, WASTED AND SOLD IN SWEEPS; DOLLARS COINED, AND SEIGNIORAGE ON SAME.

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AMOUNT AND COST OF TRADE DOLLARS REDEEMED UNDER ACT OF MARCH 3, 1887, AND USED IN THE COINAGE OF SUBSIDIARY SILVER COIN AND STANDARD SILVER DOLLARS, WASTED AND SOLD IN SWEEPS, AND SEIGNIORAGE.

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