The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-10-26
MINT DIRECTOR
MAKES REPORT
Statement Of Production Of Pre-
ciouS Metals.
GOLD AND SILVER OUTPUT
UTAH GIVEN PROMINENT PLACE
IN THE LIST.

Washington, Oct. 25-Director Roberts
of the mint has prepared a statement
showing the production of the precious
metals for the calendar year of 1909. Ii
shows that the production Of gold in the
world that year was 12,457,2S7 ounces, OF
the value Of S25z 5i4,700, a loss in value OF
$4,000 200 from 1899. The loss was mainly
in the Transvaal field, and due TO the
war. The production Of South Africa IN
1899 was of the value of S1S.Z71 100. and in
1900 Sg.61Q00. The principal gains We're
s. Ills, 900 in the United States and 6,60O,000
in Canada. The United States again
heads the list In the United States the
principal gains were by Alaska Arizona,
Colorado and Utah
The silver output of the world amounted
to lIS 796, 796 fine ounces, the largest ever
by n,5I2,513 ounces. The United States
again leads all other producers, with
slight excess over Mexico There was an
important advance in the price of silver
during the year the price ranging from
6y-l cents per ounce In January 10 b6S
cents in the last month of the year.
The chief factor in the rise was the
purchase for the account of the govern
ment of India. Silver rupees sdn cOnsti-
tute the common currency Of India and
to supply the demand the government
gives rupees in exchange for gold Sow
ereigns at the rate Of fifteen rupees to
the sovereign. Under this policy the
government reports an output for its
fiscal year ended March 81, 1901. of 6.1S3.-
600 pounds sterling, which. at the average
y
chases amount TO nearly 50.O00,O 900 ounces.
This would seem to restore India to
somewhere near her old position as a
customer for silver.
Gold and Silver Product.
The production of gold in states and
is estimated by the director as follows:
Alaska OBSERVATION-DISCLOSURES 6,ll1pS
ARIZONA -----------.-------------- 49, 100
california ACKNOWLEDGEMENTS. 15,Sl5.zu0
L,.eZs
10aho ---------------------------. l,tzi,lv9
Montana - .-...-...-- .---.--- / 6QS 0lO
Nevada .. .......................... 2O962G0
oregon -, 49, -----..----.--'. I'654's00
South Dakota ---.---------.------- 6,l4l-6O0
Utah -..-.................--... 3.912.Zl0
The commercial value Of silver in the
states and territories producing the larg-
est amounts is as follows:
Arizona ------------------.--.....$l .Si2.zlo
Cotorado II, fJo,olS
Iqdno 5'SsS.v6z
4ontaha ------.---.-.----------.. S,61,l4S
Ctah ACKNOWLEDGEMENTS 5.5l4.9lZ
The chief countries producing gold are:
united states ----.--.-.-----...-..-.Sl9 . l0l.0N
Canada and newfoundland. -. 27.sO4.l9t
Africa --->-.---------------..- 9,671.7Oc
Australia =. ..-.-...-...........-. a go 0af
Russia --------.-.---------.----... p. 1850
Austro-H Hungary - --------.--.--.. 2.141.7eO
Colombia --....-.-.----........... 1859. $50
Prazl $3.50. 800
Venezuela q. ...........-...---...... lose 500
British Guiana ..................... 2035.900
French Guiana ....-.-............. 2.24l 300
Peru .-------.....--.--....-.... J 0S5, BIG
China 5.574, 400
Korea ACKNOWLEDGEMENTS 4500, 900
British India ........ Q 43S IN
The commercial value OF silver in cour-
tries producing the largest amounts is as
follows:
United States ------..---.......s35. al. 100
Mexico .---------..-.-..--.... 35.6Il. 4G0
Canada and Newfoundland ...--. 2.57S. 20C
Australia ACKNOWLEDGEMENTS. 9, 7O3, 400
Austria-Hungary --.-.------.... .2S3, 010
germany ----..---.--...---..--.. 3, S6l 800
spain 1s74qOg
BonVla ACKNOWLEDGEMENTS. 6.72S. 500
Shll 294T. 800
6olomola - ..-.--.-.-.--..---...-.. PISS. 400
Peru ). ~. 30
Japan -------------.............. ]. OPS. 800