St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-04-29
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PRODUCT oFAMERICAN MINES
Nearly $50, 100000 Worth Of
Gold and Silver Dug in 1889.

WASHINGTON, April 29.-Edward o.
Leech, the director of the mint. has sub
mitted to congress report on the pro-
duction of the precious metals for the
calendar year 1889, from which the fol-
lowing figures taken: The gold product
of the United States was 1,5S7.000 fine
ounces of the value of S32, 800, 900,
against $33, 100000 in the preceding cal
endar year. Of the gold product of the
United States $31, ,959.047 was deposited
at the miptS for coinage and manufact-
ure into bars. The silver product
of our mines for the calendar year
1889 was approximately 100000 fine
ounces of the commercial value of S46,-
100000 and of the coming value of S64,
646,464. against an estimated product for
the calendar year 1888 of 45,7S3, ,632 fine
ounces of the commercial value of S43,-
100000, and of the coming value of $780,
$4,000, an increase over 1888 of about
4,2l6,36S fine ounces of the commercial
value S3,730.000. In addition to the
silver product of our own mines 100000
ounces of silver were extracted from
lead ores imported into the United
States and smelted in this country, and
over 100000 ounces from base
silver bars imported, principally
from Mexico, making the total
product of our mines, smelterS and re-
fineries about 62,000.000 fine ounces of
silver. OF this amount the government
purchased for coinage 81, 125, 357 ounces:
there were used in the arts about 6,000,-
600 ounces; there were exported to
Hong Kong, Japan and the East Indies
about 100000 ounces, and there were
shipped to London for sale about 20.000,-
rnln cff ani, ,tnfv
first rank among producing states with
an aggregate product of gold and silver
of over S24, 100000. Montana stands
next with product of S22, $4,000. Cal
ifornia produced Sl4.034, 900, of which
Sl3,0O0,000 were gold, being ..about two
fifths of the total gold product of the
United States. Utah shows a largely
increased product, notably in silver.
Idaho and New Mexico report all in
creased product, and Arizona and Ne
vada a reduced product for 1889. The
gold product of Dakota (SOuth) increased
from $2600,000 in 1888 to S2,900,000 in
1889. Oregon and Washington both re-
port increased products, the former
having produced s1,2OO,OOO in gold. The
states of the Appalachian range show
slightly increased product of gold over
1888. The total value of the gold de-
UUSltCu GlC uulluS tDc
dar year was S4S,903,07 of which
S42, 500, ,206 were new deposits and
Sc, ,3O3, ,S66 redeposits. The total deposits
and purchases Of silver aggregated &c.
297, 1854 standard ounces of the coming
value of S42, 237, 165, of which 36,074, 212
standard ounces of the coming value of
S41, ,9T, 1865 consisted of new deposits.
The quantity of silver product pur-
chased for the silver dollar coinage
was 27,125,557 fine ounces, costing $685.
379,51O, an average cost of SO.93 $500
per ounce fine. The amount OF silver
offered the treasury department for
sale aggregated 1885, 700 fine ounces.
The net loss of gold and silver to the
United States by excess of exports
over imports of ihe precious metals
was as follows: Gold, s3S, 1886, ,753: silver,
s14, ,7ss, ,666. Total. S53, ,675, ,4l9. The
amount of gold and silver used in the
industrial arts during the calendar year
1889 in the United States was: Gold,