The Kosciusko star. (Kosciusko, Miss.) 18??-1898, 1895-02-15
MORE GOLD THAN EVER.
An Increase in Production In Aim"S'
Every Gold Region.

An Ircreose in Production in Almost
Every Gold Region.
The worlds gold product for the last
year will surpass any year IN JUS MS
tory. The production of last year eX-
ceeded that of all previous years, ana
was reported by the mint bureau at
sl55, 80, 900. =,
The production for 1894 seems likely
not to be less than Sl75,O0O,0oo' or u
gain of nearly s2O,O0O,OO0 over the iig-
ures of 1898. The principal gains have
been in the United States, the Witwa-
tersrandt reg:on Of South Africa IN
Australia ard Russia.
1t was evident last summer, says a
Washington authority, that mining ac-
tivity in Colorado and other western
states would carry the product OF this
country for the year from sS5,955,OOo IN
1898 to 100000. 1t now looks as
though the total would reach $4,000.
Director Preston has checked and
pruned the estimates from the great
mining states, but even with large re.
auctions they indicate an increase OF
81. 75O. 900 in Colorado, 100000 in Cal
ifornia, 100000 in Montana, and
$500 900 in Idaho. Large gains are also
reported in Oregon and Washington,
for which exact figures have not been
obtained
The increase in the production of the
Witwatersrandt region has been stead
ily maintained for five years. The pro-
duction of 1890 was 494, SEQ ounces, at
about $3.50 an ounce; the production
of 1891 was 729,23S ounces; of 1892,
1910, s6S ounces; of 1898, LAS, 475 ounces,
and the estimated production for 1894
is {, 200, 900 ounces. The complete fig
ures have been received up to the close
of November, and every month shows
an enormous increase over the CORE
spending month of 1898, with an adj
vance during the present year from
1924 ounces in January to l75,30o
ounces in November. The value of this
product was about 500, 000, 900 in 1898, and
will be about s3S, 100000 in 1894. Other
portions of America are expected to
show slight gains, but they produced in
the aggregate only about S3,O0O,0OO
worth.
Australia, which shows production
in 1898 of s35, GSS, eco, is credited with
en- increase of So 600, 900 in 1894.
The Russian empire was credited in
the last mint report with the same pro-
duction in 1893 as in 1892, which was
s24, 100000. Official figures since re-
ceived show an increase in 1893 of
about 81, 100000, and it is thought that
this will rise to So, 100000 for the pres
ent year.
These gains alone viii swell the
worlds production by s2G,oO0,0 900, and
would make an aggregate of more
than S1S1, 100000, if no losses were In.
dicated in other countries. 1t is eX.
pected that such loss may occur in
China, where the product in 1893 was
IS, 1876, 900, on account of the war with
japan. Even large loss there would
leave the worlds production above
S175,0 900, and would exceed the most
sanguine estimates made. by Director
Preston in his last report on the pro
duction Of the precious metals.
Mr.. Preston is cndcavoring to kcer
his estimates within conservative
bounds, for he does not wish to make
q larger claim than the facts will
finally warrant; but it would seen
that his estimate for this year Of S170,
100000 v'~s certain to be largely ex
ceedcd.