The Topeka state journal., 1898-10-22
NEARLY S6OO,OOO,OOO
Added to the Worlds Stock of Metal.
lie Money Last Year.

Washington, Oct 22-The director of
the mint in his report of the production
of the precious metal during the calen-
dar year 1897, just submitted TO the
secretary of the treasury, deals not only
with the production of gold and silver
in the United States but in foreign cOun-
tries as well and draws a comparison
between the production of the leading
producing countries of the world. The
sources from which information has
been derived are the most authentic
and reliable and the figures are as near
ly accurate as it is possible to obtain.
The gold produced in the United
States during the calendar year Of 1897,
was $57, 1853, 900. The South African re-
public holds first place. producing gold
to the value of $57, ,433, ,S61. Australia,
$55. .6s4, 1872, and Russia 3,245, 1853.
There was a notable increase in the
production Of gold in the world during
1897 over 1896 The United States in
creased 81 275, 900; the South African re-
public made the remarkable gain Of
S13, ,854, 1872; Australia increased $40 O5O2,-
PAT, and Russia $1,709,79O. The United
states produced during the year 3d.
$50 600 fine ounces of silver and Mexico
SO, 9O3, $50 fine ounces, a decrease for the
United States of 4974. 800 fine ounces
and an increase for Mexico of s,206, 1856
fine ounces.
The worlds production of silver is
shown to be largely in excess of any
previous year, that of 1895, when the
productw3n was 167, 800, $50 ounces, being
the next largest.
The total value of gold deposited at
the mints and assay Offices during the
year was $ST, 1924, ,232, consisting OF $751;
/ 923. .935 domestic and $50 900. .597 foreign
The value of silver deposited at the
same institutions for return in fine bars,
which were used in the industrial arts
or exported. was S12, 1911 of which
amount 81, ,s47, $50 was domestic and
The United States coinage during the
Gold S76., OPS. .4s5, and silver s.4s6. .297.
| of which amount S12, 2,651,7S1 were IN
standard silver dollars, coined from s1l-
| yer purchased under act of July IA, 1880.
prior to November 1, 1893, the date OF
| the repeal of the purchasing clause OF
| said act.
| The worlds coinage during the year,
| including recoinages, was; - o.o zoo -
| Gold $437, rs, ,S42, silver $14z'SSO5Ss' or
/ a total Of $3.50, ,099. $50.
| The highest price for silver, 1925 fine,
| British standard, during the year, was
| 29 13-16d, the lowest 23Sld. and the av-
| erage price 27 $3.50, equivalent to So
| 60449 in United States money per ounce
/ fine.
| At the average price Of silver for the
year the bullion value of the silver doh
| The value of the net gold exports for
| the year was $512, ,609 and the value of
/ the net silver exports for the same per
/ iOd was $26 287. 612.
| There was consumed in the Industrial
/ arts in the United States during the
| calendar year 1897 gold to the value OF
| 81. $40, ,231 and silver to the value OF
| 81, POI, ,150.
| The worlds consumption of the pre-
| cious metals in the industrial arts dur
| ing the same period was: Gold, $685.
O05. $50; silver. $40. 1857.
| On January 1, 1888, the metallic stock
| of the United States consisted of: Gold
| S745, PAS. .953; silver, $685., ,31O, ,064; or a to-
| tai of 81, $50, $500