XXX
THE statesman's YEAR-BOOK, 1S99
III. — The World's Phoduction of Gold and Silver.
According to statistics pulilislierl liy the Director of the United States Mint, the vahie of the gokl output (the dollar taken at 50 pence) and the weight of the output of silver in the various countries of the world in 1897 were as follows : —
Countries.
Gold.
Silver.
£
Ounces.
United States ....
11,948,700
53,800,000
Australia
11,599,000
15,951,546
Mexico
1,965,600
53,903,180
Russia .
4,841,900
284,625
Germany
•286,200
5,498,135
Austria- Hungary .
465,700
1,970,332
Sweden
17,500
20,728
Norway
—
162,198
Italy .
40,500
737.163
Spain .
—
5,779,357
Greece .
—
1,028,609
Turkey
1,500
225,225
France .
—
525,628
Great Jjritaiu
7,300
232,108
Canada
1,255,400
5,558,446
Argentina
28.700
383,470
Colombia
624,900
1,687,950
Bolivia
156,200
15,000,000
Ecuador
27,700
7,734
Chile .
193,400
6,440,569
Brazil .
250,800
—
Venezuela
197,200
—
British Guiana
478,000
—
Dutch Guiana
102,500
—
French Guiana
320,300
—
Peru .
130,800
9,784,680
Central America
98,000
1,564,875
Japan .
148,600
2,507,532
China .
460,200
—
Africa .
12,145,300
—
British India
1,509,700
—
Korea .
152,700
—
Other countries
17,900
41,990
Total
49,472,200
183,096,080
In 1897 the highest ]»rice of fine silver in London was 291|d. i)cr ounce ; the lowest was 23^d. ; the average was 27^%d. The value of the world's production of silver in that year would thus be about 21.027,440Z.