Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1914-01-26
Smallest Output of Gold
in Last Eight Years in 1913

kota, and Utah. Increased output on
any large scale is hardly 20 be ex-
pcctcd from any OF these states In
1914, and indeed the total domestic
gold production OF the near future
may show further decline. From
present knowledge OF our mineral re-
sources and milne development tho
only large increase 10 DE expected Ia
tho near future viii he obtained from
the mining OF large deposits of low
grade ore IN the Juneau district OF
Alaskn, and by the time these are
fully developed and producing az
highest capacity they mas not more
than onset the decline la other dis
triCts The uuremitung search by
prospoctors for another Goldneld or
Cripple creek has so far disclosed no
new ore bodies of equal importance.
on the other hand, considerable
number of new placer and lode de-
posits OF lesser value are belng found
each year. ana the prospector may
yet reap rich rewards, for new terri
tory sian awaits exploration. and old
fields may set be- prpHWhly reexam-
incd IN greater detail
As In lslg gold dredging continued
generally active In 1913. especially Ia
California aud Alaska. whore increas-
cd dredging capacity has been added
IN the lnst two years. other forms Of
placer mining have been somewhat on
the decline
According Ia estimates from the
records OF tho bureau of foreign and
domestic commerce the imports in
1918 comprised gold valued az sea-
961 900. and the gold exported IN
1913 was valued az sSS,60l,20o. The
excess OF exports over imports was
about s2L63E59i against an excess Of
Imports over exports OF Sl0,l23,030
Ia 1879. 820.262,ilO m 1871, and
Ss47.g9G IN 1910. In 1903 the excesS
Of exports over imports was $751;
1885.
The gold imported In 1919 was
mainly n the form of ore and Oui-
hon, and the exports consisted chiefly
of refined bullion and coin
silver Production Breaks All Records.
Tho preliminary estimates 81 tho
United Siaics geological survey aud
bureau 81 The mint indicate "a domes-
ile silver production in 1919 0f co.
G0i,tif Ahu ounces, valued ai sia,-
SG1.S51. This WAS the greatest out
since dumrsiia silver production be-
gan. according 20 vi y. McClaakoy, ~
the nitel States geological survey. IL
was tho rrrnteH value cf domestic
silver output since 1898. The final
figures for 1919 (Ga.10G,s00 iine
ounces cot liver, valued 20 g3s,te7.-
a0oJ showed the output OF that year
to be the greatest in quantity un 20
that time. but the yield for 1913
gives an Increase Of s.SaA,3ii ounces
over that of 1919 The highest mar
kot value Of the domestic silver pro-
ducod in any enc year was reached
in 1891. when 4 WIS fal,6ao.O 600 for
58,a30,n00 ounces, the average mar
kei price helng, therefore. eS.s cents
Rne ounce. IN 1879 tho average
price was CTS cents an ounce, and In
1913 Il was co.'s cents.
The notable Increase IN production
may be- attributed chiefly 20 the rec
ora output and increase ~ over
] 800 600 ounces from the ailyer-ioad
ores ST the Occur d'Alcne region 81
Idaho and Increases from the silver
lead and other mines 81 Colorado
generally. the siivcr-lcnd ores, prin-
cipnlly ~ Tonopah, Do nevada the
zinc ores of Butte. Mont. the sill
ccous ores 90 oregon, and the cop
per lead and gold ores of Arizona
and California The chief decrease
To- SILVER production ln 1913 was that
~ over 1890. 000 fine ounces in Utah,
mainly in the yield FROM the PARK
city and other lead ores Tho output
90 silver from the copper ores of
baito Mont, and of 'he Lake mines
at MiohlNan, feii on in 'aia. but the
decline I'd Rutte WIS offset by great
ly increased output from zine ores.