The Bullion Yield of Nevada for 1872

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Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Jul 1, 1873

FromReview and Herald, Vol. 42, No. 3.

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The Bullion Yield of Nevada for 1872.

COMPLETE returns of the bullion product of the State for 1872 have not yet been received at the office of the State Controller, but from the exhibit of the first three quarters of the year, we are warranted in placing the gold and silver product of Nevada for 1872, at between $22,000,000 and $23,000,000. To State Controller Hobart, we are indebted for the following statement from the assessment rolls of the proceeds of the mines of the State for the nine months ending September 30, 1872:—
This is a magnificent exhibit for nine months, being larger than the entire bullion product of 1871. Assuming that the last quarter of the year has given a yield equal to the average of the preceding three quarters, and the aggregate gold and silver product of the State reaches $22,236,760 31. For a State with a population of but 50,000, this is doing well. The product is at the rate of $444 for every man, woman, and child in the State. The yield in 1871 was about $17,000,000, which has increased over $4,000,000 in 1872. At the same rate of increase, the product of 1873 will be over $26,000,000. This will place Nevada in the front rank of bullion-producing States.