The evening tribune. (Pawtucket, R.I.) 189?-190?, 1897-08-14
Totals $3.50 900 s2l0 900 $685. l25, 900

1otalS ....SloU,ooO,VO *<l0,UU,VU 200, lSoUUU
The worlds gold product for 1896 is
estimated to have been $205, 900, 900.
In justification Of the above estimate of
the increase in the countries mentioned
] may remark that of the United States
is based upon the deposits at the mints
and assay offices for the first six months
of the year, which clearly indicate a
largely increased production, and that
the increase for the year will aggregate
1000, 600. The gold product of Africa
for 1896 is estimated to have been $44,-
100000. For the first six months of
1897 the output Of the Witwatersrandt
mines, as shown by official returns, was
1888, 431 ounces, an increase Of 1888, 928
ounces, as compared with the first six
months of 1895. There is no doubt that
the rate of production in the Witwaters-
randi mines will be maintained for the
remainder Of the year, and their output
of gold for 1897 will be fully $12, ,0OO.-
900 greater tnan that of 1896.
The deposits of gold at the Australian
mints for the first five months of the
year clearly indicate substantial gain
in 1897 over 1895. Upon the basis of
the deposits for the first five months at
the mints the Australian Insurance and
Banking Record for the month Of June
estimates that the gold product for 1897
OF the several colonies will aggregate
2,700, 900 ounces. Of the value Of $52,-
$4,000. This would be an increase Of
%, 750, 900 over the product Of 1896.
The gold product of Mexico for 1895
IL estimated to have been 81, 600, 900.
The information received indicates that
the product for 1897 will approximate
90, 600, 900, an increase of $4,000, 900.
The Russian product for 1895 was
422, 600, 900; for 1897 it is estimated at
425, 900, 900, an increase Of So, 600, 900.
The gold product of British India for
1895, from official information received,
is estimated at $5,825, 200. The re.
turns Of the mines for the first six
months Of 1897 indicate an increased
production over 1895 Of 81, 200, 900.
From the data above given il is safe
to estimate that the seven countries
above named will show an increase in
their gold output for 1897 over 1896 of
938, 700, 900, and that the worlds prod
not for 1897 can therefore be estimated
at not less than $:40. 600, 900. There is
no doubt that the worlds product of
gold will continue to increase for q
number Of years to come, as new mines
will be opened up in all parts of the
world, and, with improved appliances
for mining and methods Of extracting
the gold contained i'm the ores, believe
that by the close of tho present century
the worlds gold product will closely
approximate IL not exceed $500, 900, 900.
Now as to the influence of such adj
dition to the worlds gold The infiu.
enco IL will exert depends mainly on
how many years the Klondikc district
shall continue producer and how large
its annual increment TO the worlds ex-
listing stock Of gold shall be- There is
every reason to believe that Alaska and
the adjacent British territory are pos
sibly as rich I'm gold as was California
or Australia when first discovered.
have estimated that the Klondike dis
trict will In 1897 produce 80, 600, 900
worth of gold. IL will add to this prod
net from year TO year, probably, for
minimum of one or two decades. And
whether tho gold comes from Ameripn
or British territory II matter Of In
differences, except to the owners and 20
some cxcnt 10 the countries producing