The Weekly Perrysburg journal. [volume] (Perrysburg, O. [Ohio]) 1861-1???, 1863-08-12
THE YIELD OF GOLD.

In the ,Iuly number of the Bu1&rr'a Nag
acme il is stated that from reliable data it
appears that tho production of gold and
silver throughout the world has quadru
pied since the FIRST discovery of gold in
California, OSiS '9) Tho production AN
nmlly, in the years iSi6 1913, was csti-
mated at SCI 900 ,0OO, of which Russia aud
Mexico were the principal sources. The
product fey the current year IN estimated
at over S270,OOO,OOO,,
A careful scrutiny of the whole subject,
as.tp sources Of this supply serves to show
that North and South America produce
about S96,350,OO0 in gold, and ST. $50 900
in silver; total of Sli4,OOO,00o. Austria
lila Russia, and other portions of the world
produce annually Sl0S 30 600 in gold and
SlgAI 600 in silver; total of Sl27,l7l
00O, The annual average ot the "goll
crop" OF California is set i WIN at sec.
0Oo,O00.
The effect Of this accumulation of gold is
thus stated hy the reviewer;
The vast acrumratons nj gold of tS' Ilst four
teen ynnrs enurc largely to the benefit vt the United
States aud Great Britain 10y giving an impulse to
commerce, AMI tn manufactures, Remote nations
nrc Indirectly benefited, because the course o
trade is such that gold will flow to thoS, countries
where labor Is cheapest, aud where the hullinu
sud coin are the m 'st valued nr realize the lg'a,
results.
Thi, is fully demonstrated ,u the fact that, not
vithstndiug the additional Accommodations ut the
precious metals within the past touytccu vents
amounting 70 over one thousand millions OF dollar
there il really but ittlc more on hand in the mite,
states ami Western Europe than IN lNan 1875
In the wear lS1l the Bank OF France Yield lou
hundred an eighty SiN mluous ot francs in silNc
and eighty tNn millions IN gold whereas nov
nf1cr p'rol Ni twelve wears, u holds three hun
drcd and n,ncly fnnr millions IN both metals.
In the wear ls62 the Rank ut England hrl,
fg5,OoO, ,OOO in bullion and coin. which was. ~
fact, for the country ~ large the olut stock hIuN,
country banks and private banker, maintaining hu
,mlll Sprric reserves. Thi, wear the bullion am,
coin Of the Bank Of Euglanl rauscs rrnn fourtccr
and hail to hitrru aud halt million ,torlug, nn,
the Scotch aud Irish banks = t21n, ,nNn. from vEtcl
we deduct the following comparau'cn table:
Year lS'%.
bank ct England ls,s Sllo.ooa.ooo S-,oon on
htuk oi France, lN'l... lIA0oonnn nowh un
Nauk, in III" | :, lN52. oi0oouoo llS,OoO, ,ot
Totals ls.........,..... S3oj,ooo oon S25aoooo oU
In comcc,ion with this subject wo won't,
state that the June number of HurS N3
i,HfS Hg1-jne coutajrs a paper ou Il,
stock ot gold in the United Sutos, whjyI
rmpcachcs th, correctness ui the resulting
balance OF thr precious mrtd in tho Unite,
states, s2i3,Ol0,l2a, in a paper ON the sam
subject in the March number Of that per
olical The present wrtcr, the editor q
the SJ.f,uc ciSco Mercantile List Hua5 Pra
CwreDt, assuming Sl22 5000 OO0 a, the hlsj
Of ISIS, before tho CAalorun djscoycrie,
figures out lS3,tC0,0'Gas the balance no,
in the United States, A. follows:
Assuming the amount Of cow ami but
lion on hand June 3, lSiS, to have
been in round numbers ..,..... sl2e 10000
Amount deposited in mint aul tine
branches from that period 60 June
30, lSds, from all domestic source,,
a, per mint rpert....,...,.-... Su,5OOOJ
Tbs annual received trom dom site
sources lor export during tlr ,lDlv
period and not PASSED through
mlnt, estimated ut'..-.-,, -,.-r, $4,000 .O
loIcigu imports '''''' ''''''.'.,'.,.r ~ 500 ,Ol
Toal al.,,..,.,.,.... .,,..,.. 81 .odL ON. .o
Exports during the sane Pcroa',.' Az ,OCO o,
Amount on hand January 80. lSSe siO2,4 400. .O
Total dam site product of prceu'us metals fru
June 8, lSiS, 10 Jun, 20, lS6g, S5Dl $50 900, or
average Of about so 100000 per ann1m.
Richmond papers state that oo h
mlssed his troop and is ready for anoth