Omaha daily bee., 1899-10-26
GOLD AND SILVER PRODUCED
Director of Mint Makes an Interesting Re
port on Precious Metals,
UNITED STATES IN The FRONT RANK
With the south African Republic and
Australia Their Output of Gold
APErcRntcs Thrcc-Fourths of
the Worlds Output.

WASHINGTON, oct. '25.-Mr. Roberts, the
director of the mint, has made the following
report upon the production Of gold and sill
yer during the calendar year, 1S9S lie
says:
The production of gold in the United
States in the calendar year 1898 was 3.11S,S9S
ounces fine, of the value Of S6i,463,O0O.
The amount Of gold produced from quartz
mines in 1898 was in round numbers 2,SOO-
600 ounces fine, and from placer mines
SlS,000 ounces fine.
THE South African republic produced
S,s3l,975 ounces fine. of the value of $7s,-
PA, ,953; Australia produced S1S7,6i4 ounces
fine, of the value of S6i, i,S60,SG0.
"These three countries are the great gold
producers CT the world their output aggre-
eating 1O,OSS, ,017 ounces fine, of the value
OF $2OS 537 1853. or 73 per cent of the product
OF the world.
Next comes Russia with s25, ,463, 400; Can
ada, s13,775 400; India, $7,7Sl,5OO; Mexico
$500, 900, and China, S6,O7S,7OO. These hVe
aggregate 92,6S6 Kilograms, valued at Sol'-
500, 900, or over q per cent of the whole
leaving per cent to the remainder OF the
world. ....r
"The United States still occupies the sec
| ond place as a silver producer, to whicd 1t
was relegated by Mexico in 1897. In 1898 1t
| produced 54 4SS, 900 ounces of fine silver with
| a commercial value of $32, lis 400, against
the Mexican production of 5673S, 900 ounces
fine with a commercial value of $S3,475,l 400.
| Together, they produce 67 per cent OF the
worlds product. No other country ap-
| proaches them the nearest being Austral-
asia, Bolivia and Peru the product of the
| last two is somewhat uncertain, but none oi
| tb1 l, o pttnn Hnn
THE amount of silver produced in the
| United States during the year from quartz
mines was in round numbers 13,5000 00C
ounces fine and from lead ores 81 0OO0 0OC
ounces fine and from copper ores 100000 0OC
| ounces fine.
"The worlds gold production in 1898 was
| 1S,904 1868 ounces fine, of the value of S2S7,
| 42S,6O0, an increase over the product Of 1897
| Of 2,351 ,s31 ounces, VALUED at $4S,6l6 900
Since 1887, when about slO6,O000O0 was pro-
duced each year has shown an increase
over the preceding one.
There is no reason says the report, "tc
| expect any cessation of this steady annual
| increase for some years to come. The Trans.
vaal has not nearly reached its limit. Aus
tralia, particularly West Australia. is not
| yet half developed; Alaska and the Yukor
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 1895
was 165, ,295,572 ounces fine, showing an in.
crease over 1897 of 1,222, 400 ounces fine.
"The worlds consumption OF the precious
metals in the arts and manufactures during
the year was in new gold 97,SO4 Kilograms
of value of $6500O,0OO, and in new silver
1.O65,2S9 Kilograms, of coming value o.
S44.273,0OO and a commercial value Of $40,
200, OOO."
The following table shows the production
OF gold and silver in the principal producing
countries Of the world during the year 1898