Show MORE GOLD THAN EVER an increase in in almost avery foitl fegion the gold product for alie last year will surpass any year in its history the production of ladt year exceeded that of all previous years and was reported by the mint bureau at the production for 1894 seems likely not to be less than or a gain of nearly over the figures of 1893 the principal gains have been in the united states alic litwa region of south africa in australia and russia it was evident last summer says a washington authority that mining activity in colorado and other western states would carry the product of this for alie yar bitso Si tSO idoo in to it now looks as though the total would reach director preston lias checked and pruned the estimates from the great mining states but even with large reductions duct ions they indicate an increase of in colorado in california in montana and SOO in idaho large gains are also reported in oregon and washington for exact figures have not been obtained the increase in the production of the region has been steadily maintained for five years the production of 1890 was ounces at about 17 0 o an ounce the production of 1891 was ounces of 1892 ounces of ounces and the estimated production for 1894 is ounces the complete figures have been received up to the close of november and every month shows an enormous increase over the corresponding sp of with an advance during file present year from ounces in january to ounces in november the value tt this product was about in 1893 and will be about in other portions of america are expected to show slight gains but alicy produced in the aggregate only about worth australia which shows a production in 1893 of is credited with an increase of in the russian empire was credited in alic last mini report with the same production in 1893 as in 1892 which was official figures since received show an increase in 1893 of about and it is thought that this will rise to for the present year these gains alone will swell the worlds production by and would make an aggregate of more than if no losses were indicated in other countries it is expected eliat such a loss may occur in china where the product in 1893 was on account of the war japan even a large loss there would leave the worlds production above and would exceed the most sanguine estimates made by director preston in his last report on the production of the precious metals mr preston is to keep his estimates within conservative bounds for he does not wish to make a larger claim than the facts will finally warrant but it would seem that his estimate for this year of was certain to be largely exceeded |