OCR Text |
Show PREGfOUS m oinrraia Production of Eoth Geld and Silver Is Decrsasinr; From Year to Year. :;.;.., p. oiI-kM..-., :.-.-. f;.v.tr.,j r-taLa in K'l ; ;M...,:int.' 1 to :u,L..".i cm' lv.,.u iu-m h.-i ii r;.i'i'i'iily i -'i r-iiV.-; KM."., wiif-ii ii :i :il ti.nl '1 to 11 , -4iTj uHii- h. At. tli:it t.hiM; 1 1 -5 ii v.-ru !'-, of iJ'.'f-r v. .ih r.f. (!-;. r., w...-iv;i-j in K!.S tli: a'. T.'' prirft V,;i..i ?l ouiu-.n. , j.-ibl.; on. priri.ii,' p'"i J f'1 t... jiiiM.- K'U foilov.-: L. S. pr'j'iui'tiou, A.'.i'a'i Y. O.i). i'S. p.'i1 '.'' n. ; i.y.i.i)-..'. ; u.hi . i.i i !.-.: ii'ii !!'.'.!! yyyyyyyyyy,-;'j-i",.::j 1 . 1; h' j'i:;a v.i'r. r-r lias i nnt-'i -- I in a!uo :i I lilt; :iVT;mi: nit-; Ot' ;i nr.il t. hi U - ii O'-'lT, mt v.. -ir i.M- th r .;'- th y.-n-.s. ii v.ouM t-.-m to have ha-1 littlr in: Pn-n-u u:i n-i.'i'f n-i.'i'f :i-d prod iit.'Lion. Tin-. iu : ;:h ,,f v -1' t '-.-atlv hiflm-ure.I .v th; j.ri'u'.-i.m of t.i.; V-a ni'.-rrt Is. ,-..pi"'- and r-.ui. Kou-ii- lv, IU p'"-f r'HL Of tlif- fi!lf,iiJf of ill'"' -:.L- -rn h-ioi.'-.1)lier.j ( lih it j Mini pi"du. ji)Diit 8o p r c'-iii. iiurmully of tho v. oi id's output of m liven t-oriif- us a. by-pro-i ia' t ia tlitj mining ;md rrd cor ion of thoso Rise inot;il.s. Any condition u E'i'oot in;,' the l.'iUor ill makti iirfrlf f.dr. in Uio bihur m-n Uot. .1 1. would appc-ar ilia L iiuprovemcn'.s in . I ;iso tmdal milling arid mining operation: arc inoro lo bo luukefj to in ituaaMsiii tno production of silver, coupled with'fur-riior with'fur-riior discoveries of new oris deposit.; , than an increase in tno price of silver itself. The d ramie decrease in copper production d uritiir the ear her part of the current year in thi-s country, the almost incessant labor unrest in tha copper, silver and h-rift InHiiv.ti-lf"-- aiul the- strikes in tin: Important silver mining district a on i his continent point to a substantial decrease in current yearly production. Gold, production for 1UK shown a decided de-cided drop from 1017 in the United States. From lHo to K17 the production has av- i erased annually about 4 .-).",( i.uhO ouncf-s. I l.aHt year the output amounted to ounces; last year it as -1,4 T.'.oG ; ounces and in liil7, 4,051 ,4 -to ounces. There ir, little stimulus to incre:ised prod uo lion jt gold, the adder cost of materials and. labor forcing many projects to b. abnu-loned. abnu-loned. In the case of inactive mines a reopening is usually costly and may en- ! tail considerable unwatering', rctiniberin I and extra labor. Over S10o.Vi0.ii00 worth J of yold has been shipped to the far east! i-ince tho embartro in I'iil- ex port at ion of gold was lifted on June 1. Considerable gold has also found its way to South America to strengthen t lie exchange r ate between the United States and countries on that continent. There ia an increased J demand for gold and silver products in The arts. Gold production on the Hand in Louth Africa has been somewna t bi-rlow normal; during August, 119, it was 705, -000 ounces, and the month previous 7-o,-000 ounces. |