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.

24 OUR MINERAL RESERVES. Destination of domestic lead exports. Short tons. Great Britain 7,153 Germany 5,141 Netherlands 4, 720 Belgium 2,101 Russia 448 The production of domestic lead in 1913 was the largest in the history of the industry, and considering trade conditions during that year it is likely that there was a considerable increase in domestic stocks. The exports of domestic lead, however, must have gone far toward relieving this condition. A .continuation of these exporta tions must result in advanced prices in the United States. TIN. Probably one of the best illustrations of America’s opportunity to develop new industries is afforded by tin. The outbreak of the European war caused the New York price of tin to rise to 65 cents a pound early in August, although late in July tin was sold as low as 34 and 35 cents a pound. This increase of price was due mostly to the insecurity of ocean freights, and already prices are lower, and they may go lower still, owing to the stoppage of manufacturing and other industrial plants in Europe and the consequent restriction of the market for bar and pig tin. The known American deposits of tin are small, and production from them will probably net be much affected by the present higher prices. The benefit which the United States may obtain from the present situation is the establishment of a tin smelter in this country in which to smelt Bolivian tin ores and such small output of Ameri can ore as is produced. The tin concentrates produced last year in Alaska and shipped from Nome, as well as those produced near Gaff ney, S. C., and T inton, S. Dak., amounting to 84 tons of GO per cent ore, were all shipped to British smelters. At the present time between 30,000 and 40,000 tons of tin concen trates, carrying more than 20,000 tons of metallic tin, are shipped each year from Bolivia to Europe for smelting. The United States imported several times that amount of metallic tin last year and would easily absorb all the tin smelted from the Bolivian ore. Fur thermore, it has been demonstrated that the smelting of Bolivian ores presents no difficulties that American metallurgists can not read ily overcome. Owing to the European war Bolivian ores will now be easier to buy, and if ships can be found to carry the ore an oppor tunity seems to be presented for Americans to begin purchasing ores that have hitherto gone to Europe. A few years ago a smelter was established at Bayonne, N. J., in which to smelt Malayan tin ores, but when the fact became known

Access restriction

Copyright

fullscreen: Our mineral reserves

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation