Democratic Sentinel, Volume 19, Number 21, Rensselaer, Jasper County, 31 May 1895 — GOLD AND SILVER OUTPUT. [ARTICLE]
GOLD AND SILVER OUTPUT.
Product of American Mineß for 1804 Had Coining Value of $103,500,000. , The director of the mint estimates the production of gold by the mines of the United States during the calendar year 1894 to have been 1,910,800 fine ounces, of the coining value of $39,500,000; an increase over 1893 of $3,500,000, which is the largest amount produced in any year since 1878. The production of silver from the mines of the United States is estimated to have approximated in 1894 49,500,000 ounces, of the coining value of $64,000,000, showing a decrease as compared with 1893 of 10,500,000 ounces. In the production of gold California, leads, with an output of $13,570,000; Colorado is second with $9,491,000; Montana third with $3,651,000,' and South Dakota fourth, $3,299,000. Colorado heads the list in silver by an output of 23,281,400 fine ounces, of the asking value of $30,101,200; Montana
second, with a production of 12,820,000 fine ounces, followed by Utah, with a production of 5,882,000 fine ounces, and Idaho, with 3,248,500. At the average price of silver for the calendar year 1884 the commercial value of the silver product of the mines of the United States is $31,432,500.
