Jasper County Democrat, Volume 5, Number 21, Rensselaer, Jasper County, 30 August 1902 — YEAR’S METAL YIELD [ARTICLE]

YEAR’S METAL YIELD

FIGURES ON PRODUCTION OF GOLD AND SILVER. Total Falls Short of That of Previous Year, Though Gold Is Almost Up to It —The Total Value of the Production for 1001 Is $111,795,100. George E. Roberts, director of the mint, has issued his final estimate of the production of gold and silver in the United States during the calendar year 1901. Mr. Roberts’ statement shows that <i,uring the year the United States produced 3.805,500 ounces of gold, valued at $78,666,700, a decrease of $504,300, or 0.636 per cent, as compared with the yield of 1900. Ten of the nineteen States and territories yielding gold showed an increased production, California leading with sl,075,200, an increase due entirely to the normal development of the mining industry. Nevada showed the material gain of $957,600, which came largely from the ’faewly discovered camp of Tonapah, in Nye County, although nearly every county in the State increased its production. South Dakota also made a gain of $301,900; Idaho, $144,600, and Oregon, $123,400. Alaska Shows a Decrease. The greatest decrease, amounting to $1,285,300, was in Alaska. This was due to the lateness of the season, which delayed the opening of the placers, and to litigation, which interfered with the development of the industry. Colorado diminished $1,135,900, a fact explained by the decline in the grade of ores extracted, the tonnage having increased. The silver yield for IiKH amounted to t>5,214,000 ounces, of the commercial value of $33,128,400. which was 2,433,000 ounces, or 5 per cent, less than it was in 1900. The greatest gain—l,493,000 ounces—was in Utah, almost all of which came from the Dark City district. Total Value Is Less. The total value Of the precious metals produced by the United States in 1901 amounted to $111,795,100, which was sl,964,100, or 2 per cent, less than the yield for 1900. The following statement shows the approximate distribution by producing States and territories of the product of gold and silver in the United States for the calendar year 1901: Silver, comtnerGold value, clal value. Alabama $ 3.100 $ 60 Alaska 6,885,700 28,740 Arizona 4,083,000 1,687.440 California 16,891,400 555.360 Colorado 27,(93.500 11,062,680 Geogia 124.500 240 Idaho 1,869.300 3,325.740 Michigan 30.800 48X'O Fontana 4.744,100 7,879,02'1 Nevada 2,963,800 1,087.500 New Mexico 688.400 338.040 North Carolina 55.500 12.180 Oregon 1,818.100 96,060 South Carolina 46.700 120 South Dakota 6,479,500 46,800 Texas 500 283,440 Utah 3,690,200 6,456,480 Virginia 5.300 420 Washington 580.500 206,640 Wyoming 12,700 12,840 Totals $78,666,700 $33,128,400