Our mineral reserves

Bibliographic data

Monograph

Identifikator:: 867029366

URN:: urn:nbn:de:zbw-retromon-93011

Document type:: Monograph

Author:: Smith, George Otis http://d-nb.info/gnd/117634530

Title:: Our mineral reserves

Place of publication:: Washington, DC

Publisher:: Gov. Print. Off.

Year of publication:: 1914

Scope:: 1 Online-Ressource (48 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

MINERAL PRODUCTS. 23 exported from the United States in large quantities for many years, as shown by the following table, which gives also the production of lead in the United States from domestic and from foreign ores: Production of lead in the United States mid exports of foreign lead, 1909-1914. Year. 1909. 1910. 1911. 1912. 1912. 1911. [In short tons.] Production. From do mestic ore. 352,839 375,102 391,995 392,517 111,878 From foreign ore and bullion. 97,040 94,870 94,984 88,377 50,582 Exports. From ware house. 86,077 09,786 101,227 64,906 44,541 *8,833 Under draw back. 4,796 8,800 12,080 11,320 9,757 o Six months only. There has been a rapid and progressive decline in the quantity of foreign lead smelted in the United States since 1911, owing to the unsettled conditions in Mexico. A similar decline appears in foreign exports. For the current year the exports of bonded lead will ap parently not be more than one-third as much as in 1913 and about one-seventh as much as four years ago. The stock of foreign lead of all kinds remaining in warehouse June 30, 1914, was 7,237 short tons, principally at New York and El Paso. For many years prior to 1914 there have been no exports of domestic lead ore, bullion, or pig lead. Manufactures only of domes tic lead have been exported. During the first seven months of 1914 the London price of lead has averaged 4.130 cents a pound, against 3.962 cents, the price at New York. The difference in March, June, and July was about 0.3 cent a pound. By August 19 the London price had increased to 4.875 cents a pound, a full cent above the New York price. Commencing with March, there have been impor tant exports of domestic lead to Europe, as follows : Exports of domestic lead from United States to Europe, Marcli-July, 1914. Short tons. March. April— May__. June - July— 5, 838 5, 931 2, 045 (5, 348 10, 219 + 30,381+ The exports up to and including June went principally to con tinental Europe, a little going to Russia, as indicated in the table below, but with the differential between London and New York prices which obtained in the middle of August, lead will no doubt be exported to London.

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