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Ch. 1: Gold, and Silver in 1893

Ch. 1: Gold, and Silver in 1893 Page of 36 Ch. 1: Gold, and Silver in 1893 Text size:minus plus Restore normal size   Mail page  Print this page
54
MINERAL RESOURCES.
is not only proper, but necessary, to return to the usual practice, and make a new estimate of the silver product of the United States in 1892 on the same basis as for previous years.
The silver output of the United States, in 1892, is based on the ap­proximations contained in the two following tables:
Approximate silver product of the mines of the United States during the calendar year
1S92.
Taking the mean of the approximate silver product of the mints of the United States during the calendar year 1892, and of the approxi­mate disposition of that product, gives the approximate silver output of the country in that year at 63,485,395 ounces, or in round numbers 63,500,000 ounces, of the commercial value of $55,562,500, and the coin­ing value of $82,101,010. It thus appears that the product of silver in the United States in 1892 exceeded that of 1891 (58,330,000 ounces) by 5,170,000 fine ounces, of the coining value of $6,684,444. In what pro­portion this increase was distributed among the several States and
Ch. 1: Gold, and Silver in 1893 Page of 36 Ch. 1: Gold, and Silver in 1893
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US Geol. Surv. 1893. Gemstones, Metals.
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