White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1915-02-21
Mineral and Metal output Of United
states Valued at $1,000. 10000

H1iIlrId It'll A1Et1t
United States in 1914 vas at 81
o5075O.00o. No other country in
the world can claim the distinction
of having produced so large a yalua-
ton OF minerals and metals. The
history OF mining in the United
States reads more like a fairy ale
for its advancement has been won
: derful.
A remarkable fact in connection
with the mineral and metal produc-
ton Of the United States is that pro-
dnetIon and consumption generally
have run so close together as to
make it necessary, for the sake oil
economy and incidental profit, to
handle mineral that but a few years
ago was considered either too low
grade or a waste by-product. Ad-
vaneed knowledge OF metallurgy and
chemistry. coupled with a keen sense
of operating the works Oh more ra-
tional principles so that they would
yield satisfactory dividends during
a reasonable lifetime have. with the
aid Of improved transportation IA
c~ilities, made possible the profitable
development of many a remote min
eral deposit OF low grade.
The continued progress in the min
ing industry of the United States has
for its essential basis a great, SEEM
ingly ~inexhausfible mineral wealth,
but the favorable and better como
mic conditions have certainly largely
contributed to its growth and then.
too, more attention has been paid in
lie last few years to the cos of pro-
Quoting the various metals and
wherever possible improved labor
saving appliances have succeeded the
equipment Of our earlier days. Great
er care, too, has been taken in pre-
pairing ore for treatment. and the
progressive spirit of those in charge
of mines and plants to utilize waste
DIOuuflS UdH ItSuiltu III many a VI
vidend payment. Although the pro-
duetion figures reported from the
various states show a number of de-
creases in output. there we're not,
with one or Two exceptions, unusual
losses to chronicle. 1t is true that
in some sections there has been de-
preston in the mining industry, but
If comparison is made with the out
put of recent years there is much
cause for congratulation.
The great copper industry. it is
true, suffered a heavy decline in out
put, but il is molly on comparison
with the output of the two previous
years; IL compared with 1909 theer
Ia found a marked increase.
While the dividends paid by the
copper companies in 1914 we're not
as large or a numerous as those of
1913, yet there Is much consolation
shares were enriched to the extent
of 1860, 1895. Since the organi-
zation of these companies s459,616-
492 has been paid into the hands OF
their shareholders.
There was increased activity in the
mining Of gold in the United States
IN 1914, and an increased output is
recorded. This is not in keeping with
the ~oft-repeated declarations of hte
so-called wise ones who have for
some years been predicting a gold
decline. II was crater in 1914 by
over s4,000,s00 in value than the
production of 1913. and was equal
to the production of 1910. Dividends
by companies operationg in the Unit
ed States totaled $30.473.475.
Most of the silver now produced
In the United States is obtained as an
associated metal with copper and
lead. but despite the fact that the
market was sadly demoralized dur
ing the entire year. and the output
of copper largely restricted, the
United States produced the greatest
amount of silver in n one year in
her history. Increasing yields from
Nevada, Arizona and Idaho were
mainly responsible for this increase.
Had 1t not been for the copper cur
tailment policy silver would surely
have had a banner year. .
The lead industry had its record
year in 1914. production registering
an increase TO 537,079 short tons
This was accomplished despite the
fact that the average price for the
years was the lowest since 1895. The
lead situation was only slightly at
tributed to the war. however, and
the Improvement has been in very
great measure due to the reappear'