The Brunswick times. [volume] (Brunswick, Ga.) 188?-1900, 1897-08-15

Totals. $3.50, 1885, 600 $219, 900 900 $38 1875 900
The worlds gold product for 1896 is
estimated to have been $205, 900, 900.
In justification of the above estimate of
the increase i'll the countries mentioned
may remark that of the United States
is based upon the deposits at the minis
and assay offices for the first six months
of tho year, which clearly indicate
largely increased production, and that
the increase for the year will aggregate
81, 600, 000. The gold product of Africa
for 1896 is estimated to have been $44,
10000 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, 92S
ounces, as compared with the first six
months of 1896. 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, 000,-
900 greater than that of 1896.
The deposits of gold at the Australian
minis for the first five months of the
year clearly indicate a substantial gain
i'll 1897 over 1896. Upon the basis of
the deposits for the first five months at
the minis 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, 600 ounces, of the value of $52,-
$4,000 This would be an increase of
SO, 750, 600 over the product of 1896.
Tho uOl1 YNrDJ,1pF IF NInx-fop for 1000
is estimated to have been ST. 900, 600.
The information received indicates that
the product for 1897 will approximate
50, 600, 600, an increase of $4,000, 600.
The Russian product for 1896 was
$22, 600, 900; for 1897 it is estimated at
$25, 100000, an increase of SO, 900, 900.
The gold product of British India for
1896, from official information received,
is estimated at $685., 900. The re-
turns of the mines for the first six
months of 1897 indicate an increased
production over 1896 of 81, 10000
From the data above given it is safe
to estimate that the seven countries
above named will show an increase in
their gold output for 1897 over 1896 of
$3S, zoo, 600, and that the worlds prod
net for 1897 can therefore be estimated
at not less than $40, 000 900. There is
no doubt that the worlds product of
gold will continue TO increase for a
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 in the ores, l believe
that by the close of the present century
the worlds gold product will closely
approximate if not exceed $500, 600, 900.
Now as to the influence of such ad-
dition TO the worlds gold. The infiu-
ence it will exert depends mainly on
how many years the Klondike 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 in gold as was California
or Australia when first discovered. l
have estimated that the Klondike dis
trlct will i'll 1897 produce $4,000, 900
worth of gold. 1t will add to this prod
uct from year to year, probably, for a
minimum of one or two decades And
whether the gold comes from American
or British territory is matter of in
difference, except to the owners and to
some eAent to the countries producing