Show MONEY OF WORLD SHOWN TO HAVE NA E i ED IN 27 YEARS SILVER WANING I Special to The Herald Washington Jan 13 An increase of or more than per cent in the rho money of the he world within less Jess than a genera generation generation generation tion will be one of the rho most interesting exhibits of the annual report of the director of or the mint Nearly the whole of this increase Is 15 In metallic money atu and much the larger Jarger proportion is in ingold gold Kold old The Tho total stock stack reported in fi 1873 was about of or which more than was teas In paper money mone not fully covered by metallic reserves The situation at the beginning of UfO 1941 showed sh wed a total tot l monetary stock of about of oC which little littlemore littlemore littlemore more more than was in uncovered ered paper The actual amount of pa paper paper per money in circulation is s greater than these figures indicate but a por portion portion portion tion is omitted from the net statistics because it is i covered dollar for dollar by the great gold and silver sliver reserves of the countries where the money is issued Mint Director Roberts finds that while the total money supply of the world has increased about the increase in told Jold old money mone since 1873 has been about In silver stIver about and In uncovered Hauer DaDer only about s A large ante proportion PI of the increase in ingold gold W leas hag taken p place face within wd t hi n seven se v en I years While the quantity qua of sliver silver money which was at its maximum of I about ut at the beginning of I I 18 ISH has hu been since somewhat reduced t by the te stale sate of ot silver sliver by Germany and its retirement in other countries The I conditions of 1893 1891 showed a total mon mo monetary I supply of or about I which has baa since been increased by byI i about S1 e About S 8 of this increase has been bien in gold I j money I Director Roberts made public his preliminary estimate of the production i j of gold and silver alive in the United States Stator i during daring the calendar year 1900 1 recently I The aggregate a t e te of gold is le given as 3 i fine ounces valued at 79 1281 and of f silver fine ounces which at the approximate average price of 61 Bl cents for the year makes the value During the cal calendar calI I color year 1899 1 the gold production I was waa and the sliver silver production tion lion was wu fine Ane ounces The Nome Sod guM and sliver silver production for I ISM iSOA is Riven ven as ar and that of the tb Klondike which includes both the American and Canadian fields was fuss SUS J S VAN VA VA A TWERP ANTWERP A |