Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-01-08

and though steady output from them
" assured. In soms places az ~ COLD
field, the Grade Of ore has beeua 10
decline. New development and die.
cOvefy ~ gold deposits will IN AL like
lh0od not much more than offset such
decline In grade. or tho eKbs ustion of
older mines. From present knOWi.
edge there " no great prospect e
an Increase in gold production OF the
United States IN 1919
According to estimetcs made Tor thc
SURVEY by the Bureau Of Foreign and
Domestic Commerce tho imports In
1912 comprised gold valued at sea-
100000 IN gold exported in 1919
was valued 1T sfs 600. 900. The excess
OF imports over exports was about
ti2.soO.00o, against S2O.2s2.ilO n
1911 aud fiif6sG IN 1910. This 81 a
marked change from the condition ia
1909. when the excess 81 exports ov,r
Imports was SS.t93.S5B.
Tho gold imported in iqta vas
mainly In the form Of ore alid bullion
and large amount came from McA-
leo. with Canada close second Ems.
land. France and Central and south
American countries supplied the buiN
uf the remainder Tho exports con.
sisted OF refined bullion and coin Tha
largest amounts went 10 France. south
America. Canada aud Japan. ana "a"
smaller shipments we're sent 90 tho
West Indies and other Norh AIp,u.
can countries
Largest Output ~ silver IN Past
80 YcaFs
Preliminary estimates of the Tinted
states Geological survey and tho Bu
r-su " the Mint Indicate @ domcstl,
silver production In 1919 " gg.3Gs.sjl
fine ounces. valued ~ S37,gS2Nis. the
greatest output Though not the
greatest Saluel s.ncc iSa2. ehuH the
production cas- estimated At $4,000. 200
ounces In 1898 " vas given as 6O,
0OO. 900 ounces and nOt since then
until 1871, when the production was
go. 800. 900 ounces has the figure 'cu
above GO.O00.OOB. Final Figures may
show IN tvcn Ftcatcr output FOR igit.
as early estimates from the mines
made bi the " stern offices 1T tn
Geological survey indicate a total SIT.
ger pfodu ton Of approximately g.
O0QOVV ounces. Or the largest OUTPUT
In tho history OF the country.
Thi. lncrcu~' IN production may pr
attributed chi'tly to tho notable In
rFUasn IN thu output % copper ORES.
especially thOss oI Butte. $40. 1. which
contain considerable silver. and of az.
gsntirctoua lead 90 =. notably ur IN"
Tintic and PARK GUY districts. Utah,
the Phoebe district. Nevada and the
san Juan region and the Lsaaville
and Aspen districts, Colorado. Thsr1|
was apparently small dctr.aso 10
silver produced from the grcat Occur
d Aliens lead mines OF Idaho, whose
ores havG q lover aycraEt silver con.
tent than formerly.
High prices GENERALLY SOC SILVER.
copper and lead in i2i2 materially az
dcd Go the profits at production Tho
av r,gr New YORK price FOR silver In
January. isis. VAS 5G.9 cents fine
ounce by MAY u had risen with vuti-
Ous fluctuations GQ.e rcnta b. De-
tobcr 70 51.J cents and the December
average prio vas about SIS cents
The Is. rage price tor the year may
be taken at 500 'cnts fine ounce.
q aiinst 90 cents in 1911 and 1905, %
cents in 1910. and 81 cents In 1909. nj
wla IN highest therefore since 1907
when IN average price Uas 90 cen'e.
The year l'l. was one ct general bus
jncsg prosperity aud bu,ing was lib
Cral In al metals. For shipment tu|
the Far East especial, To India.
large purchases OF silver we're re-
corded
According tu estimates made uy
IN, bureau OF Foreign and Domestic
Commerce, ia" imports uf silver in
19i2 vcr" ,alu u az Sii.sOO.O0O. The
cN ports uf silver during The SANS
year were valued at i7U,si2,UOu, 'r
f22.if2,OOu m excess uf the value of
the imports. IN 1911 TIL value 81
the excess at exports over imports
ct silver was s2I,9tSUi5.
The imports ct silver ia lrll " re-.
as usual chiefly n ore aud bullion
ana came mainly from Mexico aud
Canada. The exports we're almost
wholly In rciidCd bullion ana coin.
and went, as usual. chiefly 10 the
Unitd Kingdom, although large
were also sent tu France