The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-02
SEATTLE, THURSDAY. JAN. 2.
THE GOLD OUTPUT.


n the estimates of the mint director arc
confirmed. there wifi be very little differ
ence IN the value OF the gold outpat this
year In the United States. in Australia
ard In South Africa. the estimates calling
for about 900 each. in round num-
bers. The total gold output for the year
r. expected 20 reach 500. 00a. 900, and the
director Of the mint thinks the United
States viii lead other countries I'm the
amount produced. owing TO the largely IN
creased output IN California. Colorado and
Arizona. The result of the years work
viii DE OF general interest, because of It's
indirect relation 20 the financial policy OF
the country as 20 the supply Of metal II
the estimates OF production are sustained
this year. and consideration is given the
prospective enlargement OF fields OF sup
ply ana OF production. there would appear
% lie small danger OF a shortage OF gold
for al purposes for which the metal may
be desired ana put into use.
The latest estimates from Washington
City are that the gold output VIII be IN
creased IN the United States this year from
g.. 10000 20 ST 900 000 in South Australia
from tio.7so 90 20 $4,000 )0: in Russia
from .c7.6i600o 20 S20, ZOO. o0o. II these estl-
mates are realized. total OF sleS on. oCo viii
h produced IN four countries. leaving only
ss2.coo.oco 10 come from al other countries
20 sustain the 5000 000c 90 estimate. In this
tahulation the United States viii stand al
the head Of gold-producinE countries. but
with the leading countries closely punched,
n II difficult % speak with much positive
ness Of the future: Australia ard South
Africa arc close rivals for Leadership. ana
either may pass the United states within
a year or two. or the United States may
continue SIS lead. New discoveries are
frequent. and there are doubtless other
important gold discoveries 20 come: even
Russia may figure more prominently in
sold resources when the Siberian country
IL more fully explored
Colorado has claimed a production FOR the
year - fis.cooe o. bat the mint officials
sccoriing 20 late Washington city aavlces
are not yet prepared % concede a total
above ,i2No eoo. "a compared with a pro-
ductl,n IN 1894 OF sa.sel.6IL The governor
q Arizona declares that the state will mine
sie.ooo 40 In go!i thls year. as against
a production Of only u.7StE5 in lSp4 TIE
mint officials conce5e only s3oo0.ooo 20
stea.oo0 California. with a product last
year o. So SO M Is expected 20 show a.
Increase - g oeooo, South Dakota. whose
Pr luct fcll from s. ~. 80 IN YSs 70 g. eaa e
toe n issA e conceded en- Increase az s4o0 %
o. a1i may raise her total again - Uooo 70
o.. Alaska. which showed a production IN
iSat 90 nm 60. r. conceded an Increase
@ 80 90. ana gsins ara expected In I5tnh y.
Ncnfana and IDAHO. Mex!eo - alas liz
srsi producer ~ gola. and the mint director
expects 20 report Al Increase n Trga.
Nc1eHneA. Guiana sns Colombia. as IN =.
oAtsd hy unofficial reports % new nnfinrs
aai enlarged prcducuoa frequently r.
cs.vet from those countries. British fas,,
Showed eola production in Iss4 & $sh>e. q
a.. Venezuela. t>rleo. Iritish Guiana
Sylf10. French Guiana. g. 80 sno. Brain
ssls 80, ana Colombia. 3 ~ 80 The total
production last year. As computed a. tha
ulint turcau, was So. sss> so TIE fn,~rssa
e. the f'ur iGrSe eol3-prosiu.irg .zunt~tss
alone Ncal3 raise iris total % $40 ao oaa.
An incrcase tn smaller coantrfes vaalf
tson carry she total ~ rro suc;ica aasve
TIE estimated Sssoav aoo. Gold IS rot -.
eou,irs s,arcer. actively or relatively. n
tta world