No. 8.

-PRODUCTION OF GOLD AND SILVER IN THE WORLD SINCE THE DISCOVERY OF AMERICA.

(From a table of averages for certain periods, compiled by Dr. Adolph Soetbeer.)

114,205,000

1545-1560

90,492,000

1561-1580

90,917,000

1581-1600
1601-1620
1621-1640
1641-1660

98,095,000

113,248,000

94,479,000
134,841,000

186,470 $3,855,000 5,221,160 $107,931,000
230,194 4,759,000 5,524,656
273,596 5,656,000 4.377,544
219,906 4,546,000 4,398,120
237,267 4,905,000 4.745,340
273,918 5,662,000 5,478,360
266,845 5,516,000 5,336,900 110,324,000
281,955 5,828,000 5,639,110 116,571,000
297,709 6,154,000 5,954,180 123,084,000
346,095 7,154,000 6,921,895 143,088,000
412,163 8,520,000 8,243,260 170,403,000
613,422 12,681,000 12,268,440 253,611,000
791,211 16,356,000 15,824,230 327,116,000
665,666 13,761,000 13,313,315 275,211,000
571,948 11,823,000 11,438,970
571,563 11,815,000 5,715,627
367,957 7,606,000 3,679,568
457,044 9,448,000 4,570,444
652,291 13,484,000 6,522,913
1,760,502 36,393,000 17,605,018
6,410,324 132,513,000 32,051,621 662,566,000 28,488,597 38,204,000 142,442,986 191,020,000
6,486,262 134,083,000 32,431,312 670,415,000 29,095,428
5,949,582 122,989,000 29,747,913 614,944,000 35,401,972
6,270,086 129,614,000 31.350,430 648,071,000 43,051,583
5,591,014 115,577,000 11,182,028 231,154,000 63,317,014

1,511,050

$2,911,000

42,309,400

Commercial value

$78,597,000

9,628,925 17,336,000
13,467,635 23,548,000 269,352,700
13,596,235 22,967,000 271,924,700
12,654,240 18,657,000 253,084,800
11,776,545 16,752,000 235,530,900 335,040,000
10,834,550 14,931,000 216,691,000 298,620,000
10,992,085 15,148,000 219,841,700
11,432,540 15,501,000 228,650,800
13,863,080 19,002,000 277,261,600
17,140,612 24,002,000 342,812,235
20,985,591 29,542,000 419,711,820
236,464,000 28,261,779 38,737,000 565,235,580
118,152,000 28,746,922 38,125,000 287,469,225 381,250,000
76,063,000 17,385,755 23,186,000 173,857,555 231,860,000
14,807,004 19,418,000 148,070,040
19,175,867 25,147,000

Total.

289,542.354 $5,985,373,000

5,623,751,944 $8,082,417,000

No. 9.- PRODUCTION OF GOLD AND SILVER IN THE WORLD, 1493-1896.
[The aggregate production of 1493 to 1872 is obtained from estimates by Dr. Adolph Soetbeer.
1872 the estimates are those of the Bureau of the Mint.]

Since

Gold

Silver

Calendar year

Fine ounces

Value

Fine ounces

Commercial
value

Grand Total

431,266,004

$10,452,114,700

No. 10. SILVER PURCHASES UNDER ACTS OF FEB. 28, 1878, AND JULY 14, 1890. [Annual Report Director of the Mint, 1897, pp. 15, 16.]

Bullion Value

of a Silver Dollar

Cost

Average Price
per
Fine Ounce

1879..

19,248,086.09

21,593,642.99

1.1218

.8676

1880.

22,057,862.64

25,235,081.53

1.1440

.8848

1881

19,709,227.11

22,327,874.75

1.1328

.8761

1882.

21,190,200.87

24,054,480.47

1.1351

.8779

1883

22,889,241.24

25,577,327.58

1.1174

.8642

1884

21,922,951.52

24,378,383.91

1.1120

.8600

1885.

21,791,171.61

23,747,460.25

1.0897

.8428

1886.

22,690,652.94

23,448,960.01

1887.

26,490,008.04 25,988,620.46

.9810

7587

1888.

25,386,125.32

24,237,553.20

.9547

.7384

1889.

26,468,861.03

24,717,853.81

.9338

.7222

1890..

27,820,900.05

26,899,326.33

.9668

.7477

1891

2,797,379.52

3,049,426.46

1.0901

.8431

***

291,272,018.56

$308,279,260.71

$1.0583

$0.8185

1891.

48,393,113.05

$50,577,498.44

$1.0451

$0.8083

1892.

54,355,748.10

51,106,607.96

.9402

.7271

1893.

54,008,162.60

45,531,374.53

.8430

.6520

1894.

11,917,658.78

8,715,521.32

.7313

.5656

ttt......

168,674,682.53

$155,931,002.25

$0.9244

$0.7150

$0.7806

*** Silver purchased under act of Feb. 28, 1878.
555

ttt Silver purchased under act of July 14, 1890.

No. 11. RATIOS AND PRICE OF SILVER, BULLION VALUE OF SILVER DOLLAR, ETC.

1

Down to 1880 the figures for silver prices are based on Pixley and Abell's tables, since that date on daily cablegrams from London to the director of the mint.

No. 11.-RATIOS AND PRICE OF SILVER, BULLION VALUE OF SILVER DOLLAR, ETC

1833-1897-Continued.

silver to

quotation

silver dollar

gold

No. 12.-COMMERCIAL RATIO OF SILVER TO GOLD EACH YEAR SINCE 1687. (From 1687 to 1832 the ratios are taken from Dr. A. Soetbeer; from 1833 to 1844 from Pixley and Abell's tables.

No. 13. RATIO OF SILVER TO GOLD, MONTHLY, SINCE 1844.

Year Jan. Feb.

Mch. April May June July Aug. Sept. Oct. Nov. Dec.

1845 15.85 15.92 15.95 16.05 16.22 15.98 15.95 15.88 15.88 15.82 15.80 15.92 15.93 1846 15.90 15.92 15.92 15.95 15.98 15.98 15.97 15.95 15.95 15.92 15.73 15.68 15.91 1847 15.68 15.62 15.62 15.65 15.98 15.97 15.92 15.73 15.78 15.92 15.95 15.95 15.82 1848 15.95 15.90 15.93 15.95 15.97 15.85 15.85 15.77 15.78 15.77 15.83 15.85 15.87 1849 15.97 15.78 15.92 15.75 15.75 15.82 15.82 15.77 15.80 15.88 15.85 15.85 15.81 1850 15.82 15.82 15.82 15.82 15.82 15.82 15.78 15.73 15.72 15.65 15.52 15.33 15.72 1851 15.30 15.32 15.33 15.33 15.43 15.43 15.52 15.49 15.57 15.65 15.62 15.52 15.46 1852 15.52 15.59 15.62 15.68 15.75 15.73 15.64 15.62 15.62 15.49 15.32 15.35 15.58 1853 15.36 15.38 15.36 15.36 15.41 15.46 15.35 15.30 15.21 15.40 15.14 15.27 15.33 1854 15.27 15.29 15.26 15.26 15.27 15.36 15.36 15.40 15.36 15.40 15.36 15.32 15.33 1855 15.33 15.32 15.36 15.52 15.43 15.33 15.33 15.33 15.29 15.36 15.41 15.36 15.36 1856 15.40 15.38 15.47 15.46 15.43 15.43 15.40 15.35 15.24 15.21 15.15 15.18 15.34 1857 15.19 15.24 15.27 15.27 15.33 15.26 15.29 15.24 15.32 15.26 15.29 15.26 15.27 1858 15.35 15.27 15.32 15.36 15.33 15.33 15.44 15.47 15.51 15.40 15.29 15.30 15.36 1859 15.24 15.27 15.26 15.18 15.12 15.19 15.13 15.21 15.27 15.21 15.21 15.21| 15.21 1860 15.18 15.19 15.18 15.29 15.30 15.40 15.44 15.36 15.30 15.29 15.32 15.35 15.30 1861 15.38 15.41 15.24 15.44 15.43 15.57 15.67 15.64 15.57 15.52 15.47 15.43 15.48 1862 15.35 15.32 15.38 15.41 15.40 15.33 15.46 15.41 15.38 15.33 15.21 15.29 15.36 1863 15.29 15.33 15.33 15.43 15.38 15.35 15.44 15.46 15.43 15.38 15.35 15.35 15.38 1864 15.23 15.33 15.33 15.54 15.46 15.40 15.41 15.38 15.33 15.46 15.47 15.39 15.39 1865 15.33 15.35 15.41 15.54 15.54 15.57 15.55 15.54 15.51 15.44 15.10 15.32 15.43 1866 15.32 15.43 15.47 15.65 15.32 15.19 15.35 15.57 15.51 15.46 15.47 15.49 15.44 1867 15.49 15.53 15.52 15.46 15.55 15.59 15.59 15.60 15.63 15.61 15.66| 15.61| 15.57 1868 15.62 15.59 15.54 15.55 15.59 15.62 15.61 15.64 15.66 15.64 15.59 15.54 15.61 1869 15.53 15.49 15.57 15.57 15.65 15.68 15.64 15.64 15.60 15.61 15.59 15.59 15.60 1870 15.57 15.60 15.59 15.61 15.60 15.60 15.45 15.59 15.62 15.59 15.56 15.58 15.60 1871 15.57 15.58 15.61 15.66 15.66 15.63 15.57 15.54 15.52 15.60 15.50 15.52 15.58 1872 15.50 15.45 15.51 15.57 15.68 15.70 15.68 15.68 15.61 15.70 15.85 15.79 15.64 1873 15.75 15.75 15.75 15.78 15.82 15.88 15.90 15.96 16.00 16.05 16.26 16.25 15.93 1874 16.05 16.05 16.00 16.01 16.06 16.06 16.15 16.26 16.32 16.33 16.26 16.40 16.16 1875 16.38 16.42 16.51 16.47 16.61 16.74 16.90 16.76 16.63 16.56 16.61 16.74 16.63 1876 16.98 17.38 17.67 17.55 17.80 17.24 19.59 18.07 18.21 17.96 17.50 16.65 17.80 1877 16.35 16.54 17.16 17.40 17.42 17.59 17.44 17.42 17.32 17.13 17.30 17.20 17.19 1878 17.53 17.38 17.30 17.44 17.62 17.76 17.92 17.97 18.33 18.71 18.65 18.87 17.96 1879 18.84 18.88 19.03 18.97 18.47 18.18 18.18 18.29 18.29 18.11 17.66 17.94 18.39 1880 17.96 18.05 18.14 18.13 18.09 17.97 17.90 17.90 18.02 18.11 18.22 18.19 18.06 1881 18.36 18.12 17.99 18.11 18.22 18.37 18.27 18.29 18.23 18.15 18.16 18.18 18.24 1882 18.15 18.12 18.15 18.07 18.04 18.09 18.20 18.15 18.17 18.23 18.38 18.70 18.27 1883 18.76 18.60 18.50 18.64 18.78 18.71 18.71 18.66 18.57 18.51 18.59 18.58 18.65 1884 18.54 18.42 18.51 18.58 18.55 18.57 18.57 18.59 18.58 18.62 18.84 18.98 18.63 1885 18.98 19.17 19.21 19.10 19.05 19.22 19.17 19.32 19.72 19.88 19.88 19.98 19.39 1886 20.20 20.22 20.17 20.33 20.75 20.04 21.65 22.29 21.52 20.86 20.30 20.64 20.78 1887 20.17 20.21 20.78 21.47 21.63 21.44 21.35 21.07 21.08 21.29 21.53 21.20 21.11 1888 21.23 21.43 21.74 22.09 22.38 22.38 22.37 22.44 21.87 21.87 21.93 21.14 21.99 1889 22.17 22.12 22.15 22.35 22.40 22.40 22.37 22.24 22.17 21.90 21.93 21.40 22.10 1890 21.19 21.36 21.40 20.53 20.17 19.75 19.54 17.26 18.03 18.09 20.12 19.50 19.77 1891 19.72 20.67 20.75 21.22 21.10 20.90 20.50 20.68 20.94 21.18 21.77 21.49 20.92 1892 22.05 22.71 23.39 23.76 23.56 23.23 23.78 24.51 24.67 24.26 24.18 24.45 23.68 1893 24.59 24.57 24.84 24.71 24.75 27.23 28.20 27.91 27.58 28.74 29.35 29.44 26.70 1894 30.30 32.41 34.36 32.24 32.90 32.94 32.62 31.86 31.73 32.24 32.69 33.87 32.58 1895 34.53 34.33 32.87 31.04 30.88 30.98 31.01 31.01 30.91 30.42 30.61 31.05 31.57 1896 30.73 30.27 30.09 30.42 30.33 30.06 30.00 30.54 31.08 31.40 31.47 32.07 30.67 1897 31.72 31.73 32.55 33.28 33.95 34.19 34.47 37.76 36.61 34.74 35.17 35.18 34.28

Computed to 1880 by Dr. O. J. Broch. See Report of International Monetary Conference of 1881. From 1881 to September, 1886, Appendix to Final Report of Royal Gold and Silver Commission, p. 160. From 1886 to 1896, computed from quotations given in Pixley & Abell's tables. For 1897, from quotations furnished by the Director of the Mint.