Mohave County miner. [volume] (Mineral Park, A.T. [Ariz.]) 1882-1918, 1896-02-22

by the arts and manufactures. Besides
the requirements named, no inconsid.
ersble amount Of money material will be
required to make good the losses Of
money dne to wear and 10 accident.
From 1881 TO 1880, the consumption Of
gold by the arts and manufactures OF
the world, exceeded It's production 96,.
ass. 58J$.
"rns deficit" remarked Mnlhall, "was
probably met by melting down old
plate"
the same s,stisticisn sho vs., that in
1885. the worlds consu nption Of upl in
the arts and manufactures Was IS, no..
500t. IL Is fair 10 infer that the con.
sumption Of gold Is increasing as rapidly
in the world rs whole AZ IL has been
shown N have done in the United Safes,
from 1897 to 1892, inclu.ive
The means OF meeting the Tsqrire-
ments specified, through the insTnmsn-
tality of gold, consist Of TT .0J0,0 00s,
Of uoId now on hand 10 the world, and VI
the w,rld's iutnre production Of gold.
MonometaIIis's aver that the production
OF gold was never - rapid as il is At
present., and predict tn AZ its harvest this
year will reach go 000,000s Whether
this hopeful view will he verified is not
certain. "Tne bird IN the hand is worth
two in the bnsh." Should the prediction
prove trne, for this years output of gold,
let ne not forget tn 1t the world produced
in 1853. l55, As 900 in gold; and in 1888.
o., 10, yo)s. Nor let rs forget that the
yieid OF gold in the Colony Of Victoria,
Australia, for 1853 was 81, O00, coos. and
that these countries are now yielding
each only l3,00J,0oD$.
The great appreciation Of gold and
want OF money have doubtless caused
ex,rsoriinary efrt in seeking the
precious metal; bat \ survey of the gold
field, OF the world Is not as encouraging
To the gold mining industry as conld be
| wished.
Among the richest and most extensive
aol areas OF the world have beep those
OF California and Australia Their an Il.
low pl ,cers have ,een we'll nixn worked
out. and henceforth the gold contained
In the material OF their deep pl .cers ani
veins will he won more slowly and with
greater diff :ulty
Mich is being said OF the extreme
richness and wide extent OF the x I'D
mines OF Smith Africa. Distance lends
enchant nsnt. and It Is to be appreheni-d
tn At not little Of this exIav4s4nt ricn.
ness is attributable to stock gambling
sources. Tnus, from reliable data we
learn IN At the Weld per ton Of Witwster.
strand. the chief gold proincins are, Of
South Africa, vas, for seven wears. 1893.
1874. inclu dvs, a,f,il,ss: % 3SS; IL 6is;
1929; D.1Js; 9lSs; 8 8Bf - he De.
crease in yield from year to year, being
inverse to the depth OF lode worked.
The average yield of l2.5Os q ton. from
good pay, did not the scarcity Of fuel,
tim her. and water, render mining there
highly expensive. The Wtwaterstrsnd
gold fields yielded last year 81 0J0. 0J0t.
Deeper development Of the lodes will
evidently be attended with greatly 10.
creased cost, and with diminution Of
gold product. lis highly probable, say
those converssnt with the subject, that
nine ten'hs Of all the gold ever mined
came from pl.cers.
The cream ESQ to speak) OF the Cali.
jornisn, Australian, and South African
gold Lines, have oeen skinned. HIS
tory henceiorth will record incre ,sed ef.
fort AMI less remuneration in The gold
mining industry Of those countries
The gold mines Of Europe we're virtu.
ally exhausted centuries ago. The gold
bearing placers of Spanish America were
long since greatly depleted Of their
treasures.
1t may he urged that new fields will be
discovered. This hopeless view may
perchance be realized. But hoped for
discoveries furnish very unsubsiantisl
means for meeting the worlds business
requirements. The indications are un.
mistskabls that the limit of gold mining
OF much importance will ere long be
reached.
1t ia probable, as some that have made
a study OF the subject predict, that the
worlds annual yield Of gold for several