Page:Statesman's Year-Book 1899 American Edition.djvu/198

 clxxvi

UNITED STATES

COMMERCIAL RATIO OF SILVER TO GOLD EACH YEAR SINCE 1687

[From 1657 to 1832 the ratios are taken from Dr. A. Soetbeer ; from 1833 to 1878 from Pi.vley and A bell's tables ; and from 1879 to 1S96 from daih' cablegrams from London to the Bureau of the Mint.]

Years

Ratio

Years

Ratio

Years

Ratio

Years

Ratio

Years

Ratio

Years

Ratio

1687

14.94

1723

15.20

1758

14.85

1793

15.00

1828

15.78

1863

15.87

1688

14.94

1724

15.11

1759

14.15

1794

15.37

1829

15.78

1864

15.37

16S9

15.02

1725

15.11

1760

14.14

1795

15.55

1S30

15.82

1865

15.44

1690

15.02

1726

15.15

1761

UM

1796

15.65

1831

15.72

1866

15.43

1691

14.98

1727

15.24

1762

15.27

1797

15.41

18:32

15.73

1867

15.57

1692

14.92

1728

15.11

1763

14.99

1798

15.59

1833

15.93

1868

15.59

1693

14.^3

1729

14.92

1764

14.70

1799

15.74

1834

15.73

1869

15.60

1694

14.f57

1730

14.81

1765

14.83

1800

15.68

1835

15.80

1870

15.57

1695

15.02

1731

14.94

1766

14.80

1801

15.46

1836

15.72

1871

15.57

1696

15.00

1732

15.09

1767

14.85

1802

15.26

1837

15.83

1872

15.63

1697

15.20

1733

15.18

1768

14.80

1803

15.41

1838

15.85

1873

15.92

1698

15.07

1734

15.39

1769

14.72

1804

15.41

1839

15.62

1874

16.17

1699

14.94

1735

15.41

1770

14.62

1805

15.79

1840

15.62

1875

16.59

1700

14.S1

1736

15.18

1771

14.66

1806

15.52

1841

15.70

1876

17.88

1701

15.07

1737

15.02

1772

14.52

1807

15.43

1842

15.87

1877

17.22

1702

15.52

1738

14.91

1773

14.62

1808

16.08

1S43

15.93

1878

17.94

1703

15.17

1739

14.91

1774

14.62

1809

15.96

1S44

15.85

1879

18.40

1704

15.22

1740

14.94

1775

14.72

1810

15.77

1845

15.92

1880

18.05

1705

15.11

1741

14.92

1776

14.55

1811

15.53

1846

15.90

1881

18.16

1706

15.27

1742

14.85

1777

14.54

1812

16.11

1847

15.80

1882

18.19

1707

15.44

1743

14.85

1778

14.68

1813

16.25

1848

15.85

1883

18.64

1708

15.41

1744

14.87

1779

14.80

1814

15.04

1849

15.78

1884

18.57

1709

15.31

1745

14.98

1780

14.72

1815

15.26

1850

15.70

1885

19.41

1710

15.22

1746

15.13

1781

14.78

1816

15.28

1851

15.46

18b6

20.78

1711

15.29

1747

15.26

1782

14.42

1817

15.11

1852

15.59

1887

21.13

1712

15.31

1748

15.11

1783

14.48

1818

15.35

1853

15.33

1888

21.99

1713

15.24

1749

14.80

1784

14.70

1819

15.33

1854

15.33

1889

22.10

1714

15.13

1750

14.55

1785

14.92

1820

15.02

1855

15.38

1890

19.76

1715

15.11

1751

14.39

1786

14.96

1821

15.95

1856

15.38

1891

20.92

1716

15.09

1752

14.54

1787

14.92

1822

15.80

1857

15.27

1892

23.72

1717

15.13

1753

14.54

1788

14.65

1823

15.84

1858

15.38

1893

26.49

1718

15.11

1754

14.48

1789

14.75

1824

15.82

1859

15.19

1894

32.56

1719

15.09

1755

14.68

1790

15.04

1825

15.70

1860

15.29

1895

31.60

1720

15.04

1756

14.94

1791

15.05

1826

15.76

1861

15.50

1896

30.66

1721

15.05

1757

14.87

1792

15.17

1827

15.74

1862

15.35

1897

34.28

1722

15.17

1898 1

35.40

1 Nine months.

AVERAGE PRICE OF AN OUNCE OF GOLD IN LONDON AND EQUIVALENT VALUE IN UNITED STATES, VARIOUS YEARS, 1870 TO 1898

Calendar Years

Average London Price

Equivalent Value in United States

Gold Coin of

an Ounce of Gold,

British Standard

(.9161)

Value in

United States

Gold Coin

of an Ounce

1000 Fine

Per Cent Premium above Bank of Enj,'land's Minimum Rate

1870 1880 1890 1894 1895 1896 1897 1898 (9 months).

Mint price Bank price.

£ s. d. 8 17 9.01 8 17 9.15 8 17 9.44 8 17 9.33 3 17 9.03 8 17 10.16 8 17 11.23 8 17 10.39

$18.9187 18.9215 18.9274 18.9256 18.9191 18.9420 18.9637 18.9467

$20,638 20.641 20. (US 20.646 20.639 20.664 20.688 20.669

0.00106 .01607 .04715 .03747 .00324 .12433 .23901 .14909

3 17 10.50 3 17 9.00

18.9491 18.9185

20.671 20.638

.16208