The copper era and Morenci leader., 1921-01-07
OUTPUT OF METALS IN ARIZONA DURING PAST YEAR IF 1920

per, ieadz and zinc produced by mines in Arizona in 1920, according to the estimate of Victor c. Heikes, of the United States Geological Survey. De- partment of the Interior was about 107,725,000, a decrase of nearly $3.- 433,O00.
 The quantity of all these metals except zinc increased, but the total output for 1919 was, far below the average for the previous five years. In spite of the increase in the uuanti- ty of most of the metal and in the total value of the gold, silver, and lead, the combined value of all the metals was less on account of the low price of copper. During the last two months of the year, when the price of copper fell below 15 cents a pound, many of the large copper companies again cTrtailed production.
 The gold produced by mines in Ari- zona increased from $4,506,413 in 1919 to about $4,6S6,OOO in 1920. This in crease was result of the slight i'm |sprove1-ent in the production of gold from copper ore and the steady out put from the Oatman region More than half the output of gold from Ari- zona came from gold ores in the San Francisco district, in Mohave Coun- ty The United Eastern Go. remain ed the largest producer of gold in the State, and the Tom Reed Co. coatin- ed it's large output. Of the copper properties, the Calumer 6 Arizona, United Verde, and Copper Queen, mines were the largest producers of gold
 The mine output of silver increased from -5,266,605 ounces in 1919 to about 5,532,o0O ounces in 1920, and the value increased. from s5,SsS,59S to about $6,032,0O0. The largest producers of silver were the copper mines in the Calumet & Arizona, Copper Queen, United Verde, Magma, and United Verde Extension mines. Besides these mines, the largest producers of silver were the Shattuck lead mine, the Bunker Hill mine, at Tombstone, and the Commonwealth mine, at Pearce, which produce silver ore.
 The niue output of copper increas- ed from 53S.1O0,s44 pounds in 1919 to about 559, 900 in 1920, an increase of about per cent. The value of the output decreased from $100,086,- 757 in 1919 to about 5,741 ,OOO in 1920, owing to the decrease in the average price of copper from 1S.G cents to about 17.12 cents a pound. Most of the large smelling plants produced more copper than in 1919, but no effort. was made to reach the totals of 1918, for the demand for the metal was. not so great as had been expected. Toward the end of the year the price of copper decreased so much that many of the large min ing companies operated at a loss. At Ajo the New Cornelia Copper Go. continued the leaching~of' copper ore and increased it's output of electro lytfc copper to about 3,3OO,OOO pounds per month.
 The mine production of lead in Arizona increased from 10,203,0FS pounds in 1919 to about 14,OO0,O0O pounds in 1920. The value of the output increased from $540,763 ito about s1,147,O0O. Most of, the ship ments of. lead ore were made from the Shattuck mine, in the Warren district; other producers were the Bunker Hill, at Tombstone, Kingman | Consolidated, in Mohave County, the Aravaipa Leasing Co.,, in Graham County, and. several properties sn Santa Cruz County
 The output of recoverable zinc de- creased from 1.717,OOO pounds in 1919 to about 1,457,OOo pounds in 1920. The value decreased from $125,341 to about s11S,000. The Arizona Hillside Mining Co.,, in Yavapai County, was the only large producer, and this mine was closed late in the year. The dividends paid by Arizona mining companies during the first eleven months of 1920 amounted to about $16.706.7S3, exclusive of $4,- 50o,000 of the Phelps Dodge Corpora tion, which also operates mines in Mexico and New Mexico. The com panies that rs dividends were the ! Miami, Inspiration, New Cornelia, Iron Cap, Shattuck, United Eeastern l United Verde, United Verde Exten- sion, Arizona Copper, Calumet & Arizona, Ray Consolidated, and the l Phelps Dodge Corporation.