AGGREGATE AND PER CAPITA IN THE PRINCIPAL COUNTRIES OF THE WORLD.

Commercial Ratio of Silver to Gold for each Year since 1687.

[NOTE.-From 1687 to 1832 the ratios are taken from the tables of Dr. A. Soetbeer; from 1833 to 1878 from Pixley and Abell's tables; and from 1878 to 1896 from daily cablegrams from London to the Bureau of the Mint.]

Year. Ratio. Year. Ratio. Year. Ratio. Year. Ratio. Year. Ratio.

14.91

14.94

1687 14.94 1729 14.92 1771 14.66
1688 14.94 1730 14.81 1772 14.52
1689 15.02 1731 14.94 1773 14.62
1690 15.02 1732 15.09 1774 14.62 1816
1691 14.98 1733 15.18
1692 14.92 1734 15.39
1693 14.83 1735 15.41 1777 14.54
1694 14.87 1736 15.18 1778 14.68
1695 15.02 1737 15.02 1779 14.80
1696 15.00 1738 14.91
1697 15.20 1739
1698 15.07 1740
1699 14.94 1741 14.92

1813 16.25 1855 15.38

1814

15.04 1856 15.38

1815

15.26 1857 15.27

15.28

1858

15.38

1775 14.72

1817

1776

14.55

1818

1819

1700 14.81 1742

14.85 1784

14.70 1826

15.76

1868 15.59

14.92 1827
14.96 1828 15.78

15.74

14.98

1787

14.92

1829 15.78

1788

14.65

1830 15.82

1705

15.11 1747 15.26

1789

14.75

1831 15.72

1706 15.27

1748 15.11

1790 15.04

1832

15.73 1874

16.17

1707 15.44 1749 14.80 1708 15.41 1750 14.55

15.00 1835 15.80

1877 17.22

1710 15.22 1752 14.54

1836 15.72

1711 15.29 1753 14.54 1712 15.31 1754 14.48

1795

15.55

1796

15.65

1838 15.85

1880

18.05

1713 15.24 1755 14.68 1797
1714 15.13 1756 14.94
1715 15.11 1757 14.87 1799
1716 15.09 1758 14.85 1800
15.68
1717 15.13 1759 14.15 1801 15.46
1718 15.11 1760 14.14 1802 15.26
1719 15.09 1761 14.54 1803 15.41
1720 15.04 1762 15.27 1804 15.41
1721 15.05 1763 14.99 1805 15.79
1722 15.17 1764 14.70 1806
15.52 1848 15.85
1723 15.20 1765 14.83
1807 15.43 1849 15.78
1724 15.11 1766 14.80
1725 15.11 1767 14.85
1726 15.15 1768 14.80 1810
1727 15.24 1769 14.72
1728 15.11 1770 14.62

15.41

1839 15.62

1840 15.62

15.74

1841 15.70

1842 15.87

Production of gold and silver in the world for the calendar years 1873-1895.

1884.

1885..

1886.. 1887.

1888.

1889..

1890...

1891.

6,320,194

130,650,000

1892.

7, IC2,180

146,815,100

1893.

7,608,787

157,287,600

1894

8,737,788

180,626, 100

140,706,400

4,921,169 101,729,600
5,245,572 108,435,600
5,135,679 106,163,900| 93,297,290
5,116,861 105,774,900 96,123,586
5,330,775 110,196,900 108,827,606
5,973,790 123,489,200 120,213,611 112,414,100 155,527,700
5,749.306 118,848,700 126,095,062| 131,937,000 163,032,000
137,170,919 135,500,200 177,352,300
153,151,762 133,404,400 198,014,400
166,092,047
129,551,800 214,745,300
167,752,561 106,522,900 216,892,200
174,796,875 114,327,600 226,000,000

Total. 132,055,763 2,729,834,900 2,305, 194,012 2,265,802,300 2,980,452,900

The silver product is given at its commercial value, reckoned at the average market price of silver each year, as well as its coining value in United States dollars. See page 106.

97,518,800 118,445,200 92,793,500 120,626,800 94,031,000 124,281,000 102,185,900

* Estimated.

Product of gold and silver from mines in the United States, 1873-1895.

1883.

1,451,250

1884.

1885.

1886.. 1887.. 1888...

1889.

1890.

1891.

30,000,000 35,730,000
1,489,950 30,800,000
1,538,325 31,800,000
1,693,125 35,000,000
1,596,375 33,000,000
1,604,841 33,175,000 45,780,000 43,020,000
1,587,000 32,800,000 50,000,000
1,588,880 32,845,000
1,604,840 33,175,000

39,660,000

46,200,000

37,800,000

42,070,000

48,800,000

39,910,000 42,500,000

51,600,000

39,440,000
41,200,000

39,230,000

51,000,000

I,739,323 35,955,000
46,800,000
1,910,813 39,500,000
31,422,000 64,000,000
2,254,760 46,610,000 55,727,000 36,445,000 72,051,000

Total 40,183,481 830,660,000 939,576,000 943,083,000 1,214,751,000

60,000,000
49,500,000

77,576,000

See page 105.

The following table exhibits the value of the pure silver in a silver dollar at prices of silver per ounce fine from $0.50 to $1.2929, or parity :

The silver unit is the dollar which contains 4121⁄2 grains of standard silver 900 fine. The amount of fine silver in the dollar is 3714 grains, and there are 414 grains of copper alloy. The standard silver dollar was first authorized by the act of April 2, 1792. Its weight was 416 grains 892.4 fine. It contained the same quantity of fine silver as the present dollar, whose weight and fineness were established by the act of January 18, 1837. The coinage of the standard silver dollar was discontinued by the act of February 12, 1873, and it was restored by the act of February 28, 1878. The total amount coined from 1792 to 1873 was $8,031,238, and the amount coined from 1878 to June 30, 1896, was $430,790,041. The coinage ratio between gold and silver under the Act of 1792 was 15 to 1, but by the act of 1837 it was changed to 15.988 to 1 (commonly called 16 to 1). This is the present ratio.

* Parity.