Show MINTS AND SMELTERS Statistic or of Banno flanner Year of or Production Colorados Colorado's product of gold durin during 1893 reached against 5 5 as returned by the director o othe of the United States mints for 1892 This shows a i gain of ounces or equal to 50 per cent This extraordinary advance was du due primarily to the tho development of the tin Cripple Creek district and to the thi general resumption of gold mining ii in all the old districts of the state and to t the discovery of many new sources o of supply The main items of o gain outside outside outside out out- side of Cripple Creek are arc located ii in Lake and Gilpin counties where work worl was resumed in a number number- of mines mine that were abandoned ten or twenty years ago when the rich silver depos- depos deposits its of the state first became nent The leading smelters of the thi state all show gains in the receipt o of gold ores since the middle of last las August when they resumed ing In 1893 Colorado produced ounces of silver as compared with will in 1892 showing a loss o of ounces At an average a quotation quo quo- tation of 86 8 cents per ounce the thi states state's production of silver in 1892 1891 reached against for 1893 at an average quotation of 77 cents This shows a direct money loss of The difference differ differ- once ence between the silver product of th the i state for 1893 figured at 77 cents pe per ounce and the same product figured at the coinage value of per pei ounce is which added to the commodity figure would credit the state with wilh for silver during 1893 The loss of silver in ores from outside outside outside out out- side the state handled during the year by the Denver smelters compared with 1892 foots up ounces thus showing that the silver-lead silver districts districts dis dis- of Utah and Idaho were more severely hurt by the fall in the price of jf both metals than were the Colorado districts The presence of large amounts of o silver in the gold ores ol of of Lake City Rico and Idaho Springs ts accounts for this difference in favor this state contains as A cs uch such as the Golden Free u Lake fLake Cay and the Rico Rico- Aspen gr group p at Rico Ric Wl cre the silver contents range from to i per ton This is a source of or which is not materially affected by y the silver quotation Colorados Colorado's loss in lead product during during dur- dur ing ng 1893 as compared with the year previous foots up tons which at it 72 30 per ton the average quotation quotation quota- quota tion ion means The states state's product in- in i lead in 1892 was tons ons valued at 81 per ton tou or 4 Last year the product was 25 15 per cent smaller In other words it t was tons valued at 41 Copper largely a product by-product of if gold increased 10 per cent in this state tate last year as compared with 1892 The he 1893 product from ores mined in Colorado reached pounds which at 10 cents per pound the tho average average av- av rage valuation figured up The he product in 1892 was pounds lounds and this at 11 cents per pound the average quotation for the tho year ear reached The money value aluc therefore is precisely the same for or each year jear Below is given a concise statement of f the output of gold silver lead and copper opper in this state during 1893 compared com- com pared ared with the approved figures for 1892 1892 1893 Gold Jold ounces Silver ounces Lead ad tons topper Copper pounds The comparative value o of the above products is largely influenced by the change hange in quotations In the table below clow for 1893 gold is figured at 2067 per er ounce silver at 77 cents per ounce lead sad at per ton and copper at 10 cents per pound lound The 1892 figures were ere 2067 per ounce for gold 86 8 cents per ounce for silv silver r 81 8 per ton for Dr lead and 11 ce cents ts per pound for copper apper 1892 1893 Gold old S Silver ilver 1948 1657 Lead cad Copper Totals The Tho loss to the state on silver and lead iad equals which is partially par- par ally offset by the gain in gold 2765 10 leaving the net loss for 1893 as compared with 1892 Roc oc J Mountain News |