The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1899-11-07
OF TWO METALS
Production of Gold and
Silver for the Year 1898.
Reporrfrom tn = United ase Mn {
Just Out-Production Limits Not
Yet ApproaChed-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 1898. lie says:
The production Of gold in the United
States in the calendar year 1898 was
BIS. 39S ounces fire, of the value OF
S64 463. 900. The amount of gold pro-
duced from quartz mines in 1898 was.
in round numbers. 2.SOO, 900 fine ounces
and from placer mines 3lS,OOO fine
ounces.
The South African Republic pro-
duced 1881 .975 ounces fine. OF the val
ne of S79.213,953. Australasia pro-
duced 3.13I ga ounces fine. OF the value
| of SOL. $50, 500.
These three countries are the great
producers of the world. their output
| aggregating 1O.OSS.O17 ounces fine. OF
| the value of Sos. 527. 1873. or 73 per cent
of the product of the world.
| Next comes Russia with so. i63, 100.
Canada. $I3.T15.i 400: Mexico. $500
900: India. S7.1S1 900. and China, So
| O7S. 700 These nve aggregate 92.6>6
| Kilograms. valued ut S6l $4,000. or
over Il per cent of the whole. leaving
| 8 per cent to- the remainder of the
| world.
The United States still occupies the
second place as Il silver producer, to
| which il was relegated by Mexico In
1897. lin 1898 it produced SLABS. 600 fine
ounces OF silver, with a commercial
value of $50 lis, 400, against the Mex
lean production of 56.73S,OOO fine
ounces, with n commercial value of
S33415 400. Together they produce 6I
per cent of the worlds product. No
other country approaches them. the
nearest being Australasia. Bolivia and
Peru. The product of the last two is
| somewhat uncertain, but none OF the
three exceeds II ,JJG.00 ounces fine.
The amount of silver produced in the
United States during the year from
quartz mines was. in round numbers
. Is 100000 fine ounces and from lead
ores 81 200. 900 fine ounces and from
copper ores 100000 fine ounces.
The worlds production in 1898 was
1904 1868 ounces fine. of the value al
S2S1. 42S. 500. an incl ease over the prod
luct of 1897 OF 2.35l .S3l ounces, valued
at SiS.616.600 Since 1887. when about
SlO6. 900 900 was produced. each year
has shown an increase over the pre-
ceding one.
| There is no reason to expect any ceS
sation of this steady annual increas'
! Tor some years TO come. Inc trans
vaal has not nearly reached its limit
Australia. particularly West Austria
liza. is not yet half developed: Alask;
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 II
1898 was 165. 295 80 ounces fine. show
ing an increase o:er 1897 of 3D.. 40
ounces fine.
The worlds consumption of the pre-
cious metals in thu arts and manufaS
lures during the year was: In ne
, gold 97.SOi Kilograms. of a value ,
So. zoo, 900. and in new silver l.065.2S
Kilograms. of coinage value of Sii
213 900 and a commercial value of $50
100000.
The following table shows tho pre-
duction of gold AMI silver in the prir
!. ciral producing countries of the worl
during the year 1888