Arizona republican., 1915-01-31

| value for the output of 1914
 There were 33 mines and prospects
 producing quicksilver in 1914, of which 23 were in California In 1913 there were A producers, of which IS were in California.
 Market and Prices.
 Tn domestic quicksilver market was unfavorabfe and the prices very low during the first seven months of 1913, but upon the outbreak of the Euro pean war the prices jumped and pro iducers in a position to profit were encouraged to make their maximum output. The average San Francisco
 domestic market price was $40.23 a flask of E pounds for the year 1913, against $42.05 in 1912 and $46.O1 in 1911. In 1914 the following monthly leverage prices were recorded in San
 Francisco: January, $S9.25; February and March, $s9; April, s3s9O; May, $39; June, $3S.60; July, $37.50;
 August, $S0; September, $76.25; Oc- 1 tober, S53, and November $55 It is | estimated that the average for Dec ember will be about $53. The average
 price for the year will therefore be l about S49-the highest since 1890. The total productive capacity of the quick l silver mines of this country as at pres | ent known is by no means unlimited,
 and although high prices may bring spurts of activity and new ore bodies may at any time be discovered, the present outlook is not for excessive
 production. These facts, and the present improbability of excessive inn portation, indicate high prices
 throughout the war, at least.
 Imports and Exports.
 1 Exports of quicksilver from the l United States for the calendar year i19l4 are estimated at 339O0 pounds. or 452 flasks, valued at about $21, ,350. iIn 1913 the exports were $1, LAO flasks. valued at $43.574. The imports en- jtered for consumption are estimated
 for 1914 at 6S5,604 pounds, or 9,140 flasks, valued at $300,000, against | l71653 pounds. valued at $75.36l. i'm ported in 1913. The imports come mainly from Europe. The largest inn ports of the year were made before the war began, and preliminary figures 1 indicate steadily declining imports in
 the later half of the year. It has been generally understood that the nations at war have not permitted eXporta- | tion of metals but it has been re-
 ported that two lots of about 1000 | flasks each have been received at New York from Italy since the out break of the war. Such importations naturally tend to lower domestic profits and may prevent American producers from taking full advantage of the rise in price they have been ] counting upon to offset the long period of low prices and depression | through which they have recently passed. Of the other European pro l ducers Austria is engaged in conflict | and the Idria mines (cOntrolled by | the government may be unable to export to this country, even through neutral Italian ports. The great Span | sh mines of Almaden are controlled lby English capital and normally send their metal to London for distribu tion. Whether any large amount of
 this supply will be permitted to | leave the United Kingdom under present conditions remains to be seen. l Even if the embargo upon eXporta- l ton is lacking, it must be considered | that London prices have risen also,
 that danger to navigation is by no means removed, and that marine in surance must continue to increase costs of transportation. Large i'm ports of foreign metal are therefore
 not expected at the present outlook. Increase in Gold Mining
 The gold mining industry of the | United States had d prosperous year in 1914 and regained its normal con- ditiun, inasmuch as early returns in dicate an output greater by nearly | s4,000000 than that of 1913. MT.
 H. D. McMCaskey, of the U. s. Geo. logical Survey, who is authority for
 these figures, adds that the produc-
 ton in 1913 was lower than for sev-
 eral years past and even in 1914 the output was considerably below that
 of any year in the period 190S-l912,
 when the high water mark was reached For 1914 the preliminary figures Ol lut tUlltu SotdttS btoioSi-
 cal Survey and the Bureau of the Mint indicate a total gold yield of $92. 1923 300.
 In Alaska the otput of gold in
 creased about $300,0O0, the industry
 was generally prosperous, and large
 amount of dead work confined to
 be done preparatory to increased ln1 uf lpla The nl1reI Il yield was about SIG, 100000, or the same as in 1913, and increases made
 in the Ruby, Seward Peninsula, Idi- ltarod, and Hot Springs districts off set declines in output from Fairbanks and other camps. Abundant rainfall favored placer mining. About 2G
 gold-lode mines produced about $5-
 100000 in 1914. against $4S14Sl3 from 30 mines in 1913. Juneau, in-
 cluding the Treadwell and the great new Alaska Juneau, Alaska -Gastin
 eau, and other mines, continued to
 be the most important lode district
 In Arizona the mine production oi
 gold increased about $500,00 in 1914
 The chief producers, the Tom Reed
 Gold Road. Vulture and Common
 wealth mines were active and pro-
 duced more than half the total yield the remainder coming largely from