An Introduction to the theory of statistics

Bibliographic data

Monograph

Identifikator:: 1751730271

URN:: urn:nbn:de:zbw-retromon-127610

Document type:: Monograph

Author:: Yule, George Udny http://d-nb.info/gnd/12910504X

Title:: An Introduction to the theory of statistics

Edition:: 8. ed. rev

Place of publication:: London

Publisher:: Griffin

Year of publication:: 1927

Scope:: XV, 422 S; Ill., Diagr

Digitisation:: 2021

Collection:: Economics Books

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20 OUR MINERAL RESERVES. Shasta County, Cal., and such zinciferous dusts are accumulating in large quantities at the smelters in that region. With the establishment of peace in Mexico it is to lie expected that imports of zinc ore from that country will again reach large proportions, and likewise the imports from Canada may perhaps become larger even than they were in 1909, before the imposition of the tariff. With the closure of the Belgian and other conti nental markets to the zinc concentrates from Broken Hill, Australia, those concentrates may be partly diverted to the United States. If a sufficient foreign market becomes available the surplus smelter capacity in the United States might perhaps be employed in smelt ing foreign zinc ores under bond, and a business might grow up similar to that which exists in lead smelting. If an extensive business of smelting foreign zinc in bond should grow up it would probably be found desirable to build special smelters for that work at tidewater in the vicinity of New York City, convenient to fuel supplies and acid markets and to water transportation to Mexico and through the Panama Canal to British Columbia and Australia. This business could be done only at the expense of domestic production of zinc ore, for the present domestic production more than equals the apparent domestic consumption as spelter and as zinc oxide and bids fair to exceed it greatly in a year or two unless consumption is increased by the development of export trade in manufactured zinc and galvanized-iron products. The opening of the Panama Canal, the necessary establishment of American lines of transportation to South America, Australia, and the Orient, and in the present crisis the large dependence of those continents on the United States for their supply of zinc all make for a quick commercial introduction of the products of the United States zinc industry to those continents—an introduction which under other conditions might have taken years. It is known that large stocks of spelter exist in Europe. The Ironmonger, of London, gives the stocks at the end of March as 73,000 long tons and quotes an estimate of 80,000 long tons for the end of April. At that rate the stocks on hand June 30 must have beeen considerably over 100,000 short tons, compared to 01,039 short tons in the United States. The greater part of the European stocks, however, must have been held in the interior and must now be iso lated, so that for the term of the war they may be disregarded. After the war what remains of these stocks will become available again and will possibly operate to depress prices, but in the mean time the United States zinc operators will have had the opportunity to dispose of domestic stocks and to become established in the for eign markets.

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