Full text: Valuation, depreciation and the rate base

THE VALUATION OF MINES AND OIL PROPERTIES 261 
TABLE 16. SILVER IN THE UNITED STATES (Continued) 
NORMAL PRODUCTION AND PRICE 
(Normals Based on ten-year periods) 
(1880-1914) 
: od Production. Normal prod Normal price 
ji ly : 0 iy raat Gen-year aver- 
Pounds. Value. : 
1880-1889 389,462,200 $407,776,700 38,946,220 81.045 
1881-1890 413,659,800 430,301,800 41,365,980 1.04 
1882-1891 439,732,000 450,274,300 43,973,200 1.025 
1883-1892 467,035,100 464,830,900 46,703,510 0.995 
1884-1893 491,302,300 472,012,500 49,130,230 0.96 
1885-1894 503,058,500 461,513,300 590,305,850 0.915 
1886-1895 518,876,100 455,455,300 51,887,610 0.88 
1887-1896 538,016,900 455,627,500 53,801,690 0.845 
1888-1897 550,155,300 447,056,300 55,015,530 0.813 
1889-1898 558,800,600 436,129,600 55,880,060 0.78 
1890-1899 563,470,600 422,149,900 56,347,060 0.75 
1891-1900 566,601,300 400,648,900 56,660,130 0.703 
1892-1901 563,485,300 376,147,300 56,348,530 0.67 
1893-1902 555,485,300 349,899,800 55,548,530 0.63 
1894-1903 549,785,300 332,421,800 54,978,530 0.605 
1895-1904 557,968,100 334,455,700 55,796,810 0.60 
1896-1905 558,342,700 332,232,200 55,834,270 0.595 
1897-1906 556,025,800 330,834,000 55,602,580 0.595 
1898-1907 558,680,500 335,817,700 55,868,050 0.60 
1899-1908 556,683,300 331,749,900 55,668,330 0.595 
1900-1909 556,640,300 327,346,400 55,664,030 0.59 
IQOI-IQIO 556,131,200 322,459,800 55,613,120 0.58 
I902-IQTI 561,316,600 321,947,100 56,131,660 0.575 
1903-1912 569,583,400 331,729,600 56,958,340 0.58 
1904-1913 582,084,900 342,755,700 58,208,490 0.59 
1905-1914 596,857,200 349,367,400 59,685,700 0.585
	        
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