El Paso herald. (El Paso, Tex.) 1901-1931, 1917-01-01
TEN ARIZONA COPPER MINES PAY
S34,0O0,0lO DIVIDENDS IN 1915
Red Metal in Five Western States Pays Stockholders
Over S1OO,OOO,OOO il Year; Arizona Has Gain of
Hundred Million Over Last Year; Crude Oil
and Lead Outputs B 9th Increased Largely.

over 30 percent IN excess Of any pre-
vIous YEAR
Copper Production.
With Arizona leading the copper pro-
ducers. the value Of mining products
for the year 1916 is the greatest in the
history of the Industry 1t is placed
at S3.Onn.O0n.WoN in figures Just made
public by the United states geological
survey The enormous production was
accompanied by the greatest profits
the MINING industry has ever known
copper alone netting $500. 600 Pro
duction IS estimated TO have run at
least - per cent ahead Of 1915.
Copper outpur Is Sensation.
The copper output was the sensation
OF the year in the mining world At an
average price OF p cents pound, the
1915 production had gross value OF
$500. 600, O09. compared with S2A3.O0O,-
600 the year before. The profits were
the greatest ever known in the metal
The prices averaged slightly more than
. cents as against about i cents IN
1915
Arizona led the states I'm copper pro-
ductiOn. mining 645-Oo0. GOO pounds
against 100000 pounds the year be-
fore Montana came second with 800
0a0. 900 pounds and Michi gan was third
with 269000, 600. Alaska mined 10000
600 pounds. which was almost twice
the 1915 production Tennessee alone
failed TO increase its yield
Iron Is Close Rival
Iron contends with copper for first
place among the metals produced
shipments OF iron ore amounted to
Sis. geo. O0e. an increase of SI7.000,000
over 1915 The cOunrry'S mines pro-
duced $500. 600 gross tons against 90
O0G. 600 the year before Production or
pig iron during the year made a rec
ord with 50 GOO. 600 tons against 90
coo coo tons in 1915. Iron ore in stock
nj the mines is pur At 10000. 600 tons a
falling off Of 100000 tons since last
year
Coal Production Greatest Known.
The 1916 coal production also was
the greatest ever known The mines
sold $1,000. 600 tons. compared with
570.000o0e. the record established IN
1913 The quantity of bituminous coal
mined was 5000. 00o. an increase or
66.500.0 GOO over last year
More than 35.00o.0o0 tons OF beehive
coke was manufactured. an increase OF
. percent over the wear before and
5e0. 600 tons more than the record
break king total OF 1910 ByprOduct coke
manufactured amounted TO 100000
IONS. an increase Of 5.0oo, 600 tons over
1918
Increase in Petroleum Marketed.
Preliminary estimates indicate four
percent more crude petroleum was mar
keted in 1916 than in 1915. The total
amount produced is put at 292.3O0.OO0
barrels About IS percent of this came
from the Oklahoma-kansas fields. 80
mainder from the Appalachians. Indi-
ana. Illinois. north Texas. north Louisi-
ana, gulf coast and Rocky mountain
fields
The 1916 domestic output or quick
silver was valued at S3.6f3.000. the
greatest production in quantity since
] q0+ and the greatest in value since
1875. High prices stimulated unusual
New Record for Zinc.
TTrrf- aan
states ore in 1916 was $3.50. 600 600. The
OUTPUT of zinc increased $1,000 tons,
making new record for the metal |
Lead also shows a large increase. the |
s75.00o.0o0 output representing a gain !
Of 80 percent
Ten Arizona Mines Pay Big Dividends. |
Every western state shows a big I
mining gain ArizOna's output alone
shows an increase Of more than 800. |
R00. 600: Utah and Montana combined (
in Arizona paid s34.00o000 in dividends /
during the year Utah Montana. Ne |
vada and Idaho combined paid S6s,000.-
0o0 in dividends.
Alaska also had its best mining year.
contributiue total value Of s50.000.-
COO. a 80 ue~re1r gain over 1915.
Increase in Lead.
The geological survey has just pub
lished the new year estimate Of the I
production of lead in 1916 In the pro-
ductiOu of lead ore there was a gain
of 10 percent over the preceding year.
the lead content of ore mined in 1916
being estimated at $4,000 short tons.
Missouri had the largest production
and also made a gain Of over $4,000
tons Good gains were made by New
Mexico
The production OF refined lead. desil-
verified and soft. from domestic and
foreign ores. was approximately 5sS--
600 tons worth at the average New
York price S7S.S26. 900. as against $780,
055 tons. worth s51,705.00O in 1915.
The imports of lead in all forms
were about $500 tons. and the ex-
ports We're about 1850 tons.