Table showing the estimated Production of SILVER in the Western World (America, Europe, and Africa), annually, since the Commencement of the Nineteenth Century. From the Report of the U. S. Monetary Commission, 1877. THE figures for the years 1800 to 1829 inclusive are constructed on the following basis: The amounts coined at all the legal mints of Mexico, brought to the royal mint of Potosi, and raised in and exported from Coquimbo, are put together, and to the quotient ten million dollars are added each year for the conjectured production of all other countries in Europe and America. This conjecture is warranted by Sir Hector Hay, and employed in his tables of production. The figures for the years 1830 to 1851 inclusive are from various compilations, indicated in the foot-notes. When not otherwise indicated, they are from Danson's compilation, London Statistical Journal, xiv. 23. The figures for the years 1852 to 1874 inclusive are from Sir Hector Hay. The figures for 1875 and 1876 are compiled by the present writer, and for 1877 cstimated. ESTIMATE OF THE WORLD'S PRODUCTION OF GOLD AND SILVER, BY EPOCHS, SINCE 1848. From a Report by Edward Young, Chief of the Bureau of Statistics, in Senate Document No. 64, First Session, 44th Congress, May, 1876. Estimated Aggregate Production of the Precious Metals during the Twenty-seven Years from 1849 to 1875, inclusive. *Seventeen years, 1859 to 1875. The silver mines of the United States were first discovered in 1859. Annual Average Production of the Precious Metals in the World, also in the United States of America, since 1848, the Year of the Discovery of the Gold-fields of California. THE ESTIMATED GOLD AND SILVER YIELD OF 1877. THE following estimate of the product of gold and silver mines in the United States for the year 1877 is based upon the returns for nine months, from January to October, and is from the Banker's Magazine: NOTE.-The Director of the Mint, in his Annual Report, December, 1877, estimates the United States gold and silver product of 1877 at $84,050,000. Estimate of the World's Product of SILVER, Lowest and Highest Price in London, in Pence, per Standard Ounce, and Exports from Great Britain to India, China, etc., from 1849 to 1876, inclusive. 500,000 10,000,000 1865 11,000,000 30,000,000 500,000 10,000,000 273,314,182 800,000,000 14,000,000 280,000,000 1,367,314,182 * Amount exported from Southampton to India, China, etc. 51,500,000 601 61% 17,990,000 50,500,000 60% 624 11,825,000 53,500,000 60% 6148,210,000 50,000,000 602 61% 8,175,000 47,500,000 60 61 11,810,000 51,500,000 604 62 7,895,000 18,560,000 57,027,500 594 61% 28,270,000 62,852,100 57% 5918 12,485,000 65,998,000 574 59% 35,460,000 69,543,910 552 57% 18,570,000 47,500,000 747,450,000 Amount of Precious Metals Produced in the States and Territories West of the Missouri River, during the Year 1876. By J. J. VALENTINE, of Wells, Fargo & Co.'s Express, San Francisco. STATES AND TERRITORIES. Gold Dust Gold Dust and Bullion and Bullion The method and form of the foregoing is exactly similar to that of statements, which we have compiled since 1870, wherein no attempt was made to show the amount of gold contained in silver or doré bullion, or the lead and copper in base bullion, but the violent fluctuation of silver as compared to gold, during the present year, renders an analysis desirable, and we have spared no pains to arrive at a correct conclusion, and the results are as follows: In round figures, of $37,000,000 produced from the Comstock Lode this year, $17,125,000, or quite 46 per cent, was gold; of the whole product of Nevada, 33 per cent was gold, and of the total silver product, so called, $18,647,825, or 31 per cent, was gold. The gross yield is constituted as follows: Gold, $44,328,501; Silver, $41,506,672; Lead and Copper, $5,040,000 $90,875,173. = Estimate of the Production of Gold and Silver in the United States in 1877, by H. R. Linderman, Director of the Mint. From the Report of the Director of the Mint, December, 1877. ESTIMATE OF GOLD AND SILVER PRODUCED IN THE UNITED STATES FROM 1845 TO 1876, INCLUSIVE. From an Official Report by H. R. Linderman, Director of the U. S. Mint. The Director of the Mint says, concerning the future of the yield of the precious metals: "It is impossible to state with any degree of accuracy how long this large rate of production will be maintained. A gradual increase may be expected in Montana and Arizona, and there is nothing to indicate a decrease in any bullion-producing State or Territory, except in the State of Nevada, and that depends upon contingencies which to a great extent must be a matter of conjecture only. Several mines in different localities in that State have within the last year or two been opened, and are producing considerable bullion. But whether they, and others which in the meantime may be discovered, will yield sufficient to make up the decrease, which, unless other ore-bodies on the Comstock shall be found, must sooner or later take place, is somewhat doubtful." NOTE. The actual production of all the Nevada mincs for the fiscal year ended June 30th, 1877, was $42,460,177. * The annual silver product from 1849 to 1858 has been estimated at $50,000. |