The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-26
GOLD AND SILVER OUTPUT
WORLDS PRODUCTION AS REPORT
ED BY THE MINT DIRECTOR.
United States in the Lead n Pro-
Queer Of Both MetaIs-Fig-
ures by Countries.

WASHINGTON, Oct 25.-Director Rob-
erts, of the mint, has prepared a statement
showing the production OF the precious
metals for the calendar year OF 1900. 1t
shows that the production Of gold in the
world that year was L, 457, PSI ounces, Of the
value of $257, 514, 700. a loss in value Of 49,
O7O, 200 from 1899. The loss was mainly in
the Transvaal field, South Africa, and due
to the war. The production OF South Africa
in 1899 Of the value of S73,277.1OO. and IN
1900 S9,6n,000. The principal gains were S.
11s.OOO in the United States and $6.606.OO0 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 Us. 796, 796 fine ounces the largest ever
known. 1t exceeds the product of 1899 by
u,572,513 ounces. The United States again
leads all other producers with a slight eX-
cess over Mexico. There was an impor-
tant advance in the price of silver during
the year, the price ranging from SOL cents
per ounce in January 10 66.3 cents in the
last month OF the year. The chief factor in
the rise was the purchases for the account
OF the government OF India. Silver rupees
still constitute the common currency 81
India, and to supply the demand the
for gold SOVereigns at the rate or
fifteen rupees TO the sovereign. Under this
policy the government reports an outlay Tor
its fiscal year ended March 81, 1901, OF A6,-
OH 600 which. at the average value OF the
year, would make the purchases amount 10
nearly 100000 ounces. This would seem
10 restore India 10 somewhere near her old
position as a customer for silver.
The production OF gold in States and Ter
ritories producing the largest amount II es-
timated by the director as follows:
Alaska Ss,lIOoO
Arizona t'ly9tVJ
California l0,elb1D
Colorado = ~ soc
Idaho l,tZ4sV0
Montana 4,btNVJ1
Nevada ....-...-.....-...--.-.- z,yv0lV0
Oregon ........-................. 6q4 700
South Dakota ACKNOWLEDGEMENTS. bsltf,0D
Utah .......-.......'.''.-.-.-- o'5'@@VJ
The commercial value Of silver in the
States and Territories producing the largest
amounts is as follows
Arizona 81 ST. f0
Colorado IL, lWOlS
Idaho ....................-..-... 39S6042
Montana .-...-....-......--.-..--.- SSn, rs
Utah ACKNOWLEDGEMENTS. 57459l2
The chief countries producing gold are:
United States so III 80
Canada and Ncwfoundland. 5000 $500
Africa 96l 20
Australasia "A 2600 90
Russia ACKNOWLEDGEMENTS. 201l05oO
Austria-Hungary ..................... 21f1. 200
Colombia ............................. .s4.5lD
Brazil ............................ 1880 80
Venezuela ............-............... 0Ss so
British Guiana ACKNOWLEDGEMENTS. 2035 80
French Guiana ...........-........... 2,2fl. 30
Peru 11S5 80
China ............................ 557f 90
Korea ............................ 100000
British India ......................... 9,433.500
The commercial value OF silver In coun-
tries producing the largest amounts is as
follows:
United States ACKNOWLEDGEMENTS al 100
Mexico IS GIL 20
Canada and newfoundland. lbs 30
Australasia . 703 800
Austria-Hungary .................... $500
Germany ............................. 335l.90
Spain ACKNOWLEDGEMENTS. 1880
Bolivia ............................. 6723 80
Chile 29fI go
Colombia ............................. 2lS3 4D0
Peru 52q5 30
Japan ACKNOWLEDGEMENTS. 10000