Annual Report of the Secretary of the Treasury On the State of the Finances for the Year .. 1924
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The New York market price, of silver during the fiscal year ended June 30, 1924, averaged $0.64517; the lowest price was $0.62875 on August 23-24, 1923; and the highest price $0,675 on various dates in June, 1924.
Refineries The refinery at the Denver Mint, which has been closed since 1920, was reopened in September, 1923, on account of the large accumula- tions of unrefined gold and silver bullion. Material quantities ot silver bullion purchased under the terms of the Pittman Act could not be ...coined until separated from other metals and impurities with which SECRETARY OF THE TREASURY 285 combined, such bullion representing a large inert governmental in- vestment. Several years will be required for refining this silver and with the accumulations and regular purchases of other silver and gold the continued operation of the Denver refinery will be essential.
Production of electrolytically refined gold by the three refineries — New York, San Francisco, Denver— totaled during the past fiscal year 3,925,962 ounces, as compared with 1,738,848 ounces from two refineries during the fiscal year 1923.
What to read after Annual Report of the Secretary of the Treasury On the State of the Finances for the Year .. 1924?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The New York market price, of silver during the fiscal year ended June 30, 1924, averaged $0.64517; the lowest price was $0.62875 on August 23-24, 1923; and the highest price $0,675 on various dates in June, 1924.
Refineries The refinery at the Denver Mint, which has been closed since 1920, was reopened in September, 1923, on account of the large accumula- tions of unrefined gold and silver bullion. Material quantities ot silver bullion purchased under the terms of the Pittman Act could not be ...coined until separated from other metals and impurities with which SECRETARY OF THE TREASURY 285 combined, such bullion representing a large inert governmental in- vestment. Several years will be required for refining this silver and with the accumulations and regular purchases of other silver and gold the continued operation of the Denver refinery will be essential.
Production of electrolytically refined gold by the three refineries — New York, San Francisco, Denver— totaled during the past fiscal year 3,925,962 ounces, as compared with 1,738,848 ounces from two refineries during the fiscal year 1923.
What to read after Annual Report of the Secretary of the Treasury On the State of the Finances for the Year .. 1924?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
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