Rensselaer Republican, Volume 26, Number 28, Rensselaer, Jasper County, 8 March 1894 — A BOUT SILVER. [ARTICLE]

A BOUT SILVER.

From the weekly market letter of Messrs. Clapp & Co., bankers and brokers of New York, we clip the following interesting information concerning the white metal that forms the basis for so much of our ‘ ‘cussing’' and currency: Tfje mines of the United States yielded 138.491,521 Worth of silver in 1893 or about 1 440th part of the value of the entire production of the United States for the same year, and about 1 4140th part, of the total clearings reported for the United States in the same year. The production about equalled 'ls.B.per cent, of the wtton value, 6.5 per cent, of the corn, 1.88 per cent, of the coal, about the same a:; the copper, 4.26 per cent, of the cattle and vows, 4.7 per cent, of the dairy product, 12.8 per cent, of the hogs, about equalled tobacco, w;e less than half-that of wool, 17.84 per cent, that of wheat, was about 10. per cent, more than gold, was less than lime, stone or petroleum, fish or seeds, considerably less than onethird that of the average value of the potato crop and about 1.0 per cent, of the average value of the oat crop each year for the past six years, and the aggrega’e value of the manufactured product each year according to the census officials is 220 times as great as the silver product of 1803. The generally accepted valuation of Mexican silver producer] in 1803 wits about 42 millions. Mexican and other authorities call it 45, or more, millions; it may not equal ours. Australasia's production in 1803 was 28.2 per Cent, as much as ours, and for three years averaged! about 21.4 per cent.