Show I TAKEN FROM THE EARTH STATISTICAL REVIEW OF SUPPLY I SUP-PLY OP GOLD i Deputy Assistant Treasurer of United Statestl uhlxnnn Gives Out Some Very Interesting Figures i New York Jan 18A statistical review i re-view of the supply and movement of I gold since the end of 3S96 by Maurice L Munlmau Deputy Assistant Treasurer Treas-urer of the United States was given out today Mr Muhlman says The recent exportation of gold to Europe and theau ainsiqn < gC il roduit boil in South Africa has directed attention I at-tention to the worlds supply of the yellow yel-low metal and Its distribution Accurate Accu-rate figures for the end of 1S09 are not yet available but those at hand are sufilclcnt to give a comprehensive general gen-eral view on the subject I have taken for comparison the period from the I close of 189G Jn which year the conditions I condi-tions In the United States were decidedly decid-edly unsettled The worlds production produc-tion of gold 1 in the three years of 1897 1S9S and 1890 is estimated to have been between SS2o000000 and 831000000 The following table shows the location loca-tion of Important stocks of gold at dates named In millions of dollars Jim Jan Jan Jan 1 97 1 93 1 99 1 1900 All European banks of Issue 1591 17J9 1C32 1593 Entire stock in I United States C53 715 19 1016 U S treasury reserve re-serve 137 161 SIC 110 I In U S national bunks 181 207 2SL CM It will thus be seen that the banks I of Europe had on the first of the present I pres-ent month very little more gold than at the beginning of 1897 whereas the United States gained 323000000 We kept our own product and gained by Imports about 135000000 The United Stattjs were thus best able to lose gold to England when the demand arose The principal banks of Europe showed at dates named holdings as follows fol-lows in millions of dollars Jun 1st Eng France Germany Austria 17 171 iS2 133 i 1 2i 1S3S 151 091 119 153 issa IKJ ws nt ic i 1000 UG JIG 127 1W Russia Italy Spain 1S37 17S l SS 11 I 1S9S 611 EJ 0 17 1S39 CtfJ SO CO 1200 h IGo 1rJ C3 In the redistribution during the three years Russia shows a loss of 101000000 practically all of which went into circulation in redemption of the bank notes under tne law for resumption re-sumption af specie payments Spain and Austria gained materially while England France and Germany lost The Sbuth African war not only stopped l thy usual flow of gold to London Lon-don hut compelled England to send large amounts to the Cape We arc now prepared l to estimate what has become of the worlds product pro-duct of say XSSOOOOOOO The consumption consump-tion In arts and manufactures for the world amounts to upward of 60000000 annually so that nearly 200000000 were probably so used India always draws more gold from Europe than she returns besides keeping her own product this l and the similar movement move-ment to other countries In the Orient Probably account for 150000000 the United States as we have seen took S32COOOOOO keeping their large product pro-duct and importing about 135000000 more than were exported and Rus sias adoption of the gold standard accounts ac-counts for saj 151000000 disappearing disappear-ing from the usual depositories These tenia aggregate 521000000 and thus Practically for the enormous sums la leon ont of the earth since the end of iJ5 Englands exports to Cape Colony Probably make up the remainder |