The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1899-11-07
Of TWO METALS
Production of Gold and
Silver for the Year 1898.
Report Go ON ths United 8 are . Mn I
just Out-p,oouo,ion L mfrs Not
Approse h sd-A Table.

WASHINGTON. Oct. 25.-Mr. Rob-
erts, the Director Of the Mint. has made
the following report upon the produc-
ton Of gold and silver during the cal
endar year 1885,. He says:
The production Of gold in the United
States In the calendar year 1898 was
3,11S,39S ounces fine. Of the value OF
364 ,l63,0O0. The amount Of gold pro-
duced from quartz mines In 1898 was,
in round numbers, 100000 fine ounces
and from placer mines $4,000 hne
ounces.
The South African Republic pro-
duced 1881 1915 ounces fine, of the val
ne Of $79,213.953. Australasia pro-
duced 3,137, ga ounces fine, Of the value
of So, $50, 800.
These three countries are the great
producers of the world. their output
aggregating 1O,OSS,017 ounces fine, of
the value of 2OS,527 1853, or 70 per cent
OF the product of the world.
Next comes Russia with $25, AGA. 400;
Canada. $13,775.4Oo: Mexico, $s,50O,-
900; India. s7,7S1 900, and China. So
O78,7OO These hve aggregate 92,6S6
Kilograms, valued at $61, $685. 900, or
over p per cent of the whole, leaving
per cent to the remainder of the
world.
The United States still occupies the
second place as a silver producer, to
which it was relegated by Mexico. In
1897. In 1898 1t produced "a, 43S,O 900 fine
ounces of silver, with commercial
value of $32, lis, 400, against the Mex
lean production of 56,738,0OO fine
ounces, with a commercial value of
$33,475, 400. Together they produce 81
per cent of the worlds product. No
other country approaches them, the
nearest being Australasia, Bolivia and
Peru. The product OF the last two 10
somewhat uncertain, but none Of the
three exceeds 1900. 900 ounces fine.
The amount of silver produced in the
United States during the year from
quartz mines was, in round numbers,
13,50O,000 fine ounces and from lead
ores 81 900, 900 fine ounces and from
copper ores 100000 fine ounces.
The worlds production in 1898 was
13,904 1863 ounces fine. of the value OF
1887 ,428 900, an increase over the prod
uct OF 1897 of 2,351, 1881 ounces, valued
at $48,616, 800. Since 1887, when about
$106,OO0,0 900 was produced, each year
has shown an increase over the pre-
ceding one.
There IL no reason to expect any ces-
sation of this steady annual increase
for some years to come. The Trans.
vaal has not nearly reached its limit;
Australia, particularly West Austria.
lia. is not yet half developed; Alasks
and the Yukon have only fairly begun
to produce, while the recent steady in
creases In Colorado and other Western
States show no signs OF abating.
The worlds production of silver ir
1898 was 165 ,295,572 ounces fine. show
ing an increase over 1897 Of Lee 400
ounces fine.
The worlds consumption of the pre-
ciOus metals in tn, arts and manufac
lures during the year was: In new
gold 97,804 Kilograms, of value o.
$65, 900, 900, and in new silver LOGS, 2S!
Kilograms, of a coinage value of $44,
273,0OO and a commercial value of $50,
100000.
The following table shows the pro
duction OF gold and silver in the prin
cipal producing countries of the worlt
during the year 1898:
80 A.. l' Silver