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Ch. 1: Gold and Silver in 1919

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668                           MINERAL RESOURCES, 1919----FART, I.
Although the output of gold was less than one-twelfth the output of silver in quantity, its value was about twice that of the silver. The average commercial value per fine ounce of silver for the 127
F years contributing to the total domestic production was nearly $0.81. luctuations in value of silver per fine ounce are shown in the curve in figure 10. For the years shown (1871 to 1919, inclusive), the average annual value was more than $0.80 before 1893, and it has been less than that figure every year since until 1917, when it was $0.82; 1918, when it was $0.98; and 1919, when it was $1.12.
Gold and silver produced in the United States, 1880-1919.
Ch. 1: Gold and Silver in 1919 Page of 72 Ch. 1: Gold and Silver in 1919
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US Geol. Surv. 1919. Gemstones, Metals.
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