Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1899-10-26
PRODUCTION OF BOTH IS INCREAs.
ING RAPIDLY.
AMERICA NEAR THE HEAL
THIRD IN GOLD PRODUCTION. SEC.
OND IN SILVER.
South Africa and Australia Beat Us
on Coli and Mexico on Silver
Continued Increase in Gold
Production Expected
for Years.

WASHINGTON. Oct. 2.-Mr Roberts,
the director of the mint has made the fol-
lowing report upon the production of gold
and silver during the calendar year 1895
He says:
The production of gold In the United
States in the calendar year 1895, was BIS
1893 ounces fine, of the value of SOL 46S 900
The amount of gold produced from
quartz mines in 1885 was. in round num-
bers, 2,SJO,GD fine ounces. and from placer
mines, 31S.CO0 fine ounces
The South African Republics produced
3.S3l,975 ounces fine, of the value of s7s,-
1883; Australia produced 3,l376ii ounces
fine, of the value of s6i.S60,S00. These three
countries are the great gold producers of
the world-their output aggregating 10,ess,-
Oh ounces, fine of the value of s205, 53I, ,53.
or % per cent of the product of the world.
Next comes Russia, with So. 1853, 400;
Canada. sl3, 5,4OO; India, s7.7Sl, 800; Mexico,
sI.500000; and China. sG.0IS. 200.
These five aggregate 1859 Kilograms,
valued at s6l $1,000, or over q per cent of
the whole. leaving 6 per cent to the re-
mainder of the world.
THE United States still occupies the sec
ond place as to silver, to which it was rel
egated by Mexico IN 1897. In 1885, 1t produc-
ed 54,43S,oG0 fine ounces of silver with a
commercial value of 1921 400, against the
Mexican production OF sc. 13S. Oc0 fine ounces,
with commercial value of SEATS. 400. To-
gether, they produced e. per cent of the
words product. No other country ap-
proaches them, the nearest being Aus
trasia, Bolivia and Peru. The product of
the last two is somewhat uncertain. but
none of the three exceeds 100000 ounces
fine.
The amount of silver produced in the
United States during the year from quartz
mines was, in round numbers, IL. 600 fine
ounces; and from lead ores. 3l,C00,900 fine
ounces, and from copper ores 100000 fine
ouEces.
The worlds gold production in 1898 was
l3,SG,363 ounces. fine. of the value OF
$2S7. 42S, 500; an increase over the product
of 1897 of 2,35l ,S3l ounces valued at SiS, 6l6-
co.,
Since 1887. when about si06.OOOOO0 were
produced, each year las shown an in
crease over the preceding one.
There Is no reason" says the report.
ito expect any cessation of this steady
annual increase for some years to come
The Transvaal has not nearly reached its
limit: Australia-particularl West Aus
and the Yukon have only fairly begun to
produce. while the recent steady increases
in Colorado and other Western states show
no signs of abating.
The worlds production of silver in 1893
was 155,2s5,5I2 ounces, fine, showing an in
crease over 1897 OF DDS. 400 ounces.
The worlds consumption of the precious
metals in the arts and manufactures dur
ing the year was, in new gold. 1854 kio-
grams, of q value of SG5 900. 0G1; and in
new silver l.065.2S9 kilograms of coin
ing value of S44.2IS.Ooo and a commercial
value of $50. 200.0cO.'
The following table shows the produc-
ton of gold and silver in the principal
producing countries of the world during
the year 1898: