New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1917-01-03
COPPER MINI ! PAY
LARGE DIVIDENDS
STATES DEVELOPING
WONDERFUL RESOURCES IN
WEALTH.
AMERICAN INDUSTRIES SHOW
ABILITY TO MEET WORLD
DEMAND.

=. $50 ~ I .5I .+T ssy.l. !. -
in dividends during the past year.
Adding Utah, Montana;s Nevada and
Idaho dividends to those~ Of Arizona
we have a total of over $10O, OOO, 900 in
dividends paid out Of the mines of these
five western States in single year.
These are some Of the impressive facts
brought out by the report Of the Geo
logical Survey to Secretary Lane just
made. Never before, . said Mr.. Lane,
has so large draft been made on the
natural resources of our country as dur
ing this year, and never before have
the metals been extracted from these
ores with less waste or utilized to better
advantage in advancing the general
prosperity Of the country. Even as
written in the plain figures Of 1916 pro-
duction the wonderful record of our
mines sets forth degree of national
industrial independence only hoped for
a few years ago.
Can Supply World.
Again copper stands out as the best
illustration of how American mines can
meet world demand. The output of
nearly 1000, 100000 pounds of the
red metal is double that of ten years
ago and its value is twice that of the
copper produced in 1915. Add TO this
the facts that in value copper now con-
tends with iron for first place among
the metals and that together the amount
of these two metals produced last year
had value of more than 81 600, O0O, 900
and we have measure of what this
country can contribute in useful metals.
''The output of zinc from domestic
ores increased last year $4,000 tons,
which makes new record for that metal,
the total value of smelter from United
States ore, being $750,000,000. Lead
also shows large increase, the $75,000,-
900 output being a gain of more than
so per cent.
with all this activity in metal pro-
duction the coal mines have had to meet
a heavy demand, so that The bituminous
coal output has now passed the half
billion ton mark, an increase of IL 1-2
per cent over the previous year. Gnk,
production increased 80 PEI, cent and
it is gratifying to note that by-product
coke made the largest gain, which means
corresponding gain in benzol and other
valuable by-products.
Again the oil wells have given new
record for petroleum yield, the estimate
of marketed production Of crude petro-
leum for 1916 being 292.OOO,O00 bar
rels, OF, 100000 barrels more than
in 1915.
Another mineral product which
furnishes an index of business condi-
tons is cement, the 1916 production of
which is estimated to be 100000
barrels in excess of the output of the
previous year, while the shipments were
even greater, aggregating 94,500,000
barrels, with the outlook reported as
good for the new year.
"The reports received from the Sur
veys western Offices contain most signif-
icant mining records. Every western
State shows a large increase in yield of
metals, Arizona leading with gain of
$500, 100000 over last year, while Utah
and Montana together report another
gain. Alaska also had its
best year, contributing a total value of
more than $5O,OOO,OOO this year, or
over SO per cent in excess of any previous
year.
These advance statements not only
show that 1916 marks new advance
for the mineral industry Of the country,
but this remarkable increase promises
to be approximately rs per cent over
the 1915 production, SO that we may ex-
pect the final figures to show a total Of
s., 0OO, 100000.
TAKES OFF DANDRUFF,