Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat
Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat
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In our eReader you can find the full English version of the book. Read Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat
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They had become largely interested in the mineral resources of their State, especially silver mining, and were reported to have accumulated great wealth from their investments. As a shrewd business man, he naturally looked out sharply for his business interests. He early saw, what others failed so promptly to see, that the production of silver in the world and especially in the United States through improved methods of mining, refining and transportation of ores, was rapidly increasing. He doub...tless foresaw what the world now knows, that the world's product of silver, which was 61, 000, 000 ounces in 1873. Would become 165. 030, 000 ounces in- 1895 ; that its market value of $1. 30 per ounce in 1873 (reckoned in gold) would dwindle to 65 cents in 1895. What it now costs to produce silver no one accurately knows. The celebrated "Broken Hill" mines of Australia yielded last year 1895 over 10, 000, 000 ounces of silver at a total re- ported cost of about 40 cents per ounce ; and good authorities report that some of the American mines turn out millions of ounces at the present time at an equally low figure.
What to read after Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
They had become largely interested in the mineral resources of their State, especially silver mining, and were reported to have accumulated great wealth from their investments. As a shrewd business man, he naturally looked out sharply for his business interests. He early saw, what others failed so promptly to see, that the production of silver in the world and especially in the United States through improved methods of mining, refining and transportation of ores, was rapidly increasing. He doub...tless foresaw what the world now knows, that the world's product of silver, which was 61, 000, 000 ounces in 1873. Would become 165. 030, 000 ounces in- 1895 ; that its market value of $1. 30 per ounce in 1873 (reckoned in gold) would dwindle to 65 cents in 1895. What it now costs to produce silver no one accurately knows. The celebrated "Broken Hill" mines of Australia yielded last year 1895 over 10, 000, 000 ounces of silver at a total re- ported cost of about 40 cents per ounce ; and good authorities report that some of the American mines turn out millions of ounces at the present time at an equally low figure.
What to read after Breakers Ahead Cause of the Present Crisis Falling Prices And Business Stagnat?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
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