WORLD'S PRODUCTION OP SILVER.
figures for the world's production of silver in 1918 show that the
United States and Canada produced about 89,100,000 ounces, or about 45
per cent, against 57 per cent in 1917, and that Mexico, Central
America, and South America yielded nearly 81,000,000 ounces, or 41 per
cent, so that approximately only 27,300,000 ounces of silver came from
all other countries, mainly from Australasia, Japan, and Spain.
was an increase of 27,500,000 ounces in the quantity of silver produced
in Mexico in 1918, but the production from mines in the United States
decreased about 3,930-000 ounces and that from Canada 937,000 ounces.
total increase in the world's production of silver in 1918 was about
23,200,000 ounces, due entirely to the large increase in Mexico, for
the total from all other countries decreased more than 4,000,000
ounces, notwithstanding the much higher average selling price of silver