The World's Production in 1922
Reporting from London on April -18, Messrs. Samuel Montagu & Ca.
The Bank of England.gold reserve against its note issue on the! lith instant was £125,687,763, as! compared with £195,683,29) on the! previous Wednesday. - A Stantial amount of gold came. en: offer and about one half of the, available supplies was acquired for India.
The Transvaal' gold output for} March. amounted to 761,586 fine oz., as compared with 704,970 fine! oz. for Fdbruary. this year, and} 639,728 fine oz. for the three}; months, "January to March, 1922. -The production of gold in Ontario for 1922 is reported as—1,000,198} fine oz., as compared with 709,509! oz. for 1921. Ten years ago, Ontario produced only 2,062 oz.
We append figures of the goldi production of the world for 1922 (in dollars), as estimated preliminarily by the American Gola and Silver Institute} equivalent of the grand Pog 14,841,136 oz., which, at the normal price "of 85s. is worth about £63,- 075,000.
Per cent. of 1912. world produetion in 1922. United States 49,096.000 15.9 Canada 25,447,000 83 Mexico 15,500,000 5.1 North America—90,043.000 29.5 Central America—2,000,000 0.7 South America 11, ed 000 3.6 Europe 600.000 0.2 Australia 20,000,000. 65 Asin 19,500,000 6.4 Africa 163,650,000 53.3
306,793,000 100.0
Per cent. of increase (plus) decrease (minus) 1922 from 1915. United States "51.4 minus Canada 34.1 plus. Mexico 136.3 plus North America 28.9 minus Central America 32.7 minus South America 27-1 minus Europe 97.9 minus Australia, 59.2 minus Asia © 30.6 minus Africa 24.9 minus 34.5 minus
Text read from the printed page and cleaned; old type leaves the occasional error.