WESTRALIA'S GOLD OUTPUT.

New Zealand Tablet, Volume 23, Issue 47, 23 November 1899, Page 15

WESTRALIA'S GOLD OUTPUT.

Westralia's magnificent gold output for the month of Septemper (says the TF.^l. Record) establishes a record of which the people of this colony may justly feel proud. The return for the month was 167,0760z, or 51240z in excess of the previous record. For the quarter ending September an increase in average of almost 20,0000z per month over the preceding quarter is shown, while the production for the nine months of the year, 1,160,0990z, exceeds the yield of 1898 by over 110,000oz. The average monthly production for the present year is 128,9000z, and on the basis of this average it is safe to assume that our gold output for 1899 will exceed one million and a half ounces Western Australia is now the leading gold producer of the British Dominions, though its gold mining industry is really still in its infancy. In 1886 the value of gold found in the colony waa set down at £1100, in 1889 it had risen to £60,000, and this year — ten years later — its value was computed at nearly £4,500,000, nearly double that of 1897 and four times that of 1896.