Production in first six months of 1883.—Mr.
E. E. Preston, Acting Director of the Mint, in answer to a request for
his estimate of the production during the first six months of the
calendar year 1883, writes, under date of June 13, 1883 : " The
production since January 1,1883, has continued at about the same
rate as in 1882. In some States and Territories there has been a slight
increase, and in others a trifling decrease: but the average rate can
be said to have been maintained." The opinion of the mint authorities
may be accepted as being the most reliable guide in the absence of
actual statistics for the first half of 1883, which of course have not
yet been collected. The following statement shows the quantities as
well as the values of the product of 1882, and also the correspondiug
estimated amounts for the first half of 1883; the weights of metals
being computed from the values quoted, on the Ameiican standard of
$20.671834 per troy ounce gold, and $1.2929 per troy ounce silver:
Quantities and values of the precious-metal product, 1882 and first six months of 1883.