616 



APPENDIX. 



4. THE WORLD'S STOCK OF GOLD AND SILVER. 



WORLD'S STOCK OF GOLD. 



WORLD'S STOCK OF SILVER. 



COMPARISONS OF THE TWO METALS. 



* Estimates for the years 1873 and 1894 are made by Mr. G. B. Waldron, based on the 

 world's production and coinage. Estimates for other years in tons on the authority of 

 Mulhall. Converted into fine ounces at the rate of 32% thousand ouuce.s to the ton of 

 2240 pounds. 



