Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1917-01-13
ARIZONA MINES DIVIDED
ENORMOUS PROFITS
LAST YEAR


600 in dividends the past year. Ad-
ding Utar, Montana, Nevada, and Ida
no dividends to that of Arizona, we
have total of over $l0O,0OO,OOO in
dividends paid out of the mines OF
these five western states in a single
year.
These are some of the impressive
facts brought out by the report of
the Geological 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 during this year, and
never before have the metals been ex-
tracted from these ores with less waste
or utilized to better advantage in ad-
vancing the general prosperity OF the
country. Even as written in the plain
figures of 1916 production the wonder
fuI record of our mines sets forth a
degree Of national industrial independ-
ence only hoped for few years ago.
Again copper stands out as the
best illustration of how American
mines can meet world demand
The output of nearly two billion
pounds of the red metal is' double that
of ten years ago and its value is twice
that of the copper produced in 1918
Add to this the fact that in value
copper now contends with iron for
first place among the metals and that
together the amount of these two met
ais produced last year had value OF
more than one billion dollars, and we
have a measure of what this country
can contribute to useful metals.
"The output of zinc from domestic
ores increased last year $4,000 tons
which makes a new record tor that
metal, the total value of spelter from
United States ore being $l5O,0OO,OOO
Lead also shows large increase, the
$75O00,000 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 bi.
luminous coal output has now passed
the half-billion ton mark, an increase
of II IL per cent over the previous
yeaer. Coke production increased 81
per 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, Tho
estimate of marketed production o
crude petroleum for 1916 being 292,
100000 barrels. or 100000 barrel;
more than in 1915.
another mineral product which
furnishes an index of business condi
tons is cement, the 1916 production o.
which is estimated to be 5,OO0,OOO bar
rels in excess of the output OF the pre-
vious year, while the shipments were
even greater, aggregating 94,5OO.OOt
barrels, with the outlook reported a:
good for the new year.
THE reports received from the Sur
vey's western offices contain mos,
significant mining records. Every
western State shows large increase
in yield of metals, Arizona leading
with a gain of $l0O000,00O over las
year, while Utah and Montana to.
gether report another $lOO,OOO,OOt
gain. Alaska also had its best year
contributing a total value of more
than $50,O00,000 this year, or over 81
per cent in excess of any previous
year.
"These advance statements not only
show that 1916 marks a new advance
for the mineral industry of the coun
try, but this remarkable increase
promises to be approximately Is per
cent over the 1915 production, SO that
we may expect the final figures to
show a total of three billion dollars.