The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-09-30
Production of Gold in United States
Is Increasing.

In the year 1914, the mines of the
United States and the territories pro-
duced new gold values at $95, 000. 600
in round numbers. This was an in
crease of $4,000, 900 over the amount
mined in the preceding year, says Hol-
land in the Wall Street Journal.
In 1913 there was apprehension that
possibly the United States had reached
the climax of gold production In the
states and in the territory of Alaska.
Some who nave studied this question
were inclined to think that the day
might never come when from mines
of states and Alaska there would be
secured in a single year gold in excess
Of 800, coo, 900 value, some predicting
that there might be a gradual falling
off in production. They based this view
upon the belief or suspicion that our
own mines were gradually being ex-
hausted. In 1914 the American gold
mines produced $1,000, 900 more than
in the previous "a Furthermore,
there are some reasons for believing
that the output of the new gold in 1915
will be the greatest ever secured from
American mines.
Stimulating Gold Mining.
1t Is a fact associated with great
wars that sooner or later they stimu-
late gold mining. There is no reason
for presuming that this impulse will
be lacking while the European wal Is
in progress or after it is ended. Fur
thermore, science Is constantly show
ing better and better methods of gold
mining and higher economies In the
extraction of gold from the ore. This
undoubtedly explains the increase of
gold production In the United States
in 1914 as compared with 1915. But
there are other reasons for the increase
and those are associated with a new
development of gold mining in some of
the states west of the Missouri river,
particularly Montana. Utah and Arr
IONA. Furthermore, with the develop
ment of good transportation facilities
in Alaska, the probabilities are great
that within a few years that peninsula
will be found yielding annually gold in
created quantities than the amount
now mined. When 1t is borne in mind
that since 1880 there has beer taken
from the mines of Alaska gold of the
value of $240,0 900, 600, much of it having
been mined since 1907, hen some idea
a ba nhta mad of tha oupif11Ia nf
the gold deposits in the peninsula,
washington reports that in 1914 the
Alaska mines yielded SIG, 100000 in
gold. Large as this amount is, 1t would
nave been regarded by the late Senator
John p. Jones, were he still living, as,
comparatively spanking, a trifle when
the gold resources of the entire pc
ninsula are recognized. Senator Jones.
who was one of the first to undertake
gold mining near Juneau, was persua-
ded from the geological and physical
characteristics of Alaska that an enor-
nous amount of gold Is deposited be-
meath the soil. He used to say that in
all probability the mother lode would
some time be discovered in the heart
of the Alaska peninsula. This view Is
not accepted by John Hays Hammond,
although he Is persuaded that there
are vast deposits of gold in Alaska to
believe that such a formation as a
mother lode really exists,
In Colorado,
There is no doubt that Colorado will
continue for many years to produce
gold in large amounts, but it is within
two or three years that raisons have
beer furnished for believing that Utah
and Arizona are to become great sold
producing states. This IS especially
r of Arizona When TIE United
States geological survey. 10 1914, car
ried on work in the Arizona hills the
~ied and work in the Ari:dnt hills the
evidence as they thought, If great de-
posits of gold, At that tine there was
under development only one great
mine. Since then mines have been de-
veloped in Arizona which have pro-
uuCeu dlTeduy NOsuUV,VuU N'lNH ~ Solui
and 1t is expected that this production
will be continued for many years.
French capital was secured some years
ago for the development of a mine in
Arizona and this French syndicate was
rejoiced to discover that its money
had not been badly invested. The syn
dictate was not niggardly II its eXpen-
ditures for prospecting and develop
ment, and after sinking a shaft about
600 feet it discovered a large and very
rich body Of ore. OF course, develop
ment greatly interested many of those
who are fond of making Investments
in gold mining properties. Boston was
interested and Boston capital is now
developing what is regarded as an ex-
tremely good property, one evidence of
which being the fact that the investors
are not placing the stock upon the I
Gold Production. n
That the United States is to main
tain gold production in the mines
which have already been we'll devel-
oped and which are worked upon a
thoroughly scientific basis is now be- j