Show I MINES AND MINING NEWS NEWS INC INDUSTRY IT HAS PROSPERED gh Prices Prevail and Great Activity and Large Production I tion Are Results f. f p Tho Tho annual preliminary statement st Issued b by tho United States StateR geo- geo sUr e survey shows that th thi zinc in- in str In 1912 stimulated b by the pre pre- lUng high price of or speller spelter went vent far tar lyond ond all records In production ion en en exceeded the figures for tor the tho year car In the tho surveys survey's midyear car state- state J Bent ent for or tho the first half halt of ot th the year fco 0 Increased production was as alto alto- ther from rom domestic as the from Crom foreign ore was wasl l less than In 1 1011 1311 11 Coupled Iti Hh this Increase In production was a n areat reat Increase In Imports of spelter exceeded the the- largo o imports In 09 09 and at the same time the exports foreign n zinc were W cut cul in half indi- indi t Un tIng a a. large consumption of forel foreign 1 n Inc tic nc all of which ROCK goes oes to show that JC c active netho smelting smelting- tI capacity tJ tl during 0 year veaT was wat Inadequate to the denni doa dc- dc of or a phenomenal apparent con- con conr r I The production of or primary spelter om m dom domestic tlc ore in Hll 1912 in is estimated short tons and from Ironi torel foreign n nr r rt at 6 14 tons ton a total of or ins us n at the average o St. St Louts Louis rice COIn compared pared to a n total tons tois In 1911 worth i il t 4 and made up IIi of or 1 tons Lons of oC doI do- do i I lc origin and 1 tons lons of or foreign 1 tl rigin Jil is I Kansas an as an and Oklahoma led tho ates r. r Imports nfl E I Imports of or zinc Inc or ore were short tons Ions containing out tons of or zinc compared hh 7 i ll H tons long of ore containing contaIning- tons of zinc zine imported in IV 1911 1 yie he figures for fur 1912 are exclusive of 2 tons of or lea lead ore from South I 1 Containing 34 2343 tons tonA of zinc average n of a little more than l 1 IP pelm per pel int m at Tho exports of domestic zinc ore r Fero ero re I 19 fl S short shon tons valued at 07 compared with IS S1 tons toils in 1911 lOlL The Tho imports of or spelter were the for man maul many years being being- estimated it t short short- tons ton valued value at about cor compared pared with t 09 tons In Iti OIL Hi The Imports of zinc dust Were werA 0 short tons valued at Ii 1713 tons in jn 1911 Exports of or spotter are arc estimated at ort rort tons worth 5 compared tons to In 1911 The Tho exports of ot rel n Inc linc increased ell from short lono onu nu in 1 lt l 10 to 11 tons in Hill 1911 and andI To 0 I approximately approximate short tons in inIn In Spelter opened at St. St Louis in Janan Janary Jan- Jan lary ary at r cents a pound which was A ho he minimum price of or the year car gradual rn ual rl rise c broken by n L sharp de- de In March and another in July fend nd August carried the price to 7 75 cuts the tho highest price of or tho the year ear earn un f II n H tho the latter part of ot September The Tho year ear d with spelter at about 70 scents Tho The average e St. St Louis price of et E prIme rime spelter was 69 39 cents a jound compared to Gi 57 cents a 3 pound GREAT COPPER YEAR WAS 1912 Utah Among States Breaking Records Records Some Some Interesting Interesting Interest Interest- ing lug Totals Statistics and c estimates lEc received i c by bythe bythe the United States geological Bute survey front from al all plants known to produce blister blister blis blis- ter tee copper coppel from dome domestic tlc ores and from all lake laka mines indicate that tho the copper output of the United States tates In 1912 1012 exec exceeds t that of oC an any previous year In inthe tho the history of or the industry Not ot only I Is the total largest ever recorded but six of ot tho the largo large copper producing producing- states states Michigan Utah Nevada Novada onda New Nan Mexico and Alaska have o have each exceeded all former records rec roe or of production while hIIe Montana lontano an and Tennessee have nearly equaled their I previous record production I The total output of blister and lake lake- copper WOH 1 In 1912 against pounds s In 1911 At 1 16 cents a pound the tho 1912 has a value of against for tor 1911 The refined copper amounts to pounds for fOl 1912 In n against 1 tj pounds in 1911 Tho rho amount of If f copper entering tho the United States in 1912 wag p pounds against 38 p pounds und In I i i I 1911 Tho The exports will amount to IJ Q- Q pounds Domestic consumption i Is 82 pounds Tho average i price for electrolytic tlc in 1912 11 was 1 IC G cents a pound In 1911 is was 39 1 12 The Thc year opened with copper at 14 H 14 but since June it has hns not been below 17 con cents ts I Stocks Stock of ot refined copper held in the United States January Januar 1 1 1913 are probably probably ably about the same as on Januar January 1 1 1 1912 1 Foreign stocks show a a. considerable considerable consid consid- erable decrease The rho production of copper In Utah in 1912 will show a considerable increase o over or r tho the Bounds produced in Ill 1911 lite Increase being duo due ue to tho the In Increased In- In creased output of the Bingham ham district As s In previous years the Bingham camp campsas was sas tin the main producer though the Tintie Tin Tin- tit tie district heil a considerable production tion and the Frisco and othor other districts also contributed The output of ot tho the mines mine at nt Bingham ham was stopped fo for a time In th the latter part of ot the then ther n year r h by labor troubles thus materially reducing the thc oro ore production of ot the state The Iho copper production of oC Nevada a in lH 1912 2 wll show how hot hota a largo large Increase over the pounds produced In 1911 Tho The Increase Is duo due largely to the be beginning beginning be- be ginning of noteworthy production from the Yerington district The total state output for 1313 1012 will vill reach pounds The I Ely Kly ly and ton districts were vete the only onh lar large c pro pro- In the tho Yerington district tho the smelter r of the Mason Iason Valley Mines Iines company compan was blown in early earh in the tho year r e and operated thereafter Tho The output output out out- put of the tho district will pro probably abl reach nearly nearh pounds The Thc Ily district dis dis- will show a sll slight ht increase over the pounds pound produced in 1911 thou though h production was Interfered with by labor troubles trouble in the latter 1 part lart of the year ear For Ill 1912 Arizona a again aln hol holds first place among tho copper producing states Tho output will show a large increase over tho 03 pounds produced in 1911 and ond may exceed pounds This IH is not only tho the largest output ever or made mado b by tho the state but the lar largest cst over oer mado malo b by any state for one year car Montana's 1 total cooper output for 1912 will t roach reach poun pounds s. s Idaho will 1 show a considerable increase in I copper coppel output In 1912 over o tho pounds pound produced produce in 1911 There will vill be ho ro no new lar large e producIng producing In ing mines added during I 1913 1013 Severn Several of oC those e that ho boan production In 1911 anti and 1012 1912 win will however turn out larger than in At the prices price for cowx- cowx r during tJ lh the latter part 1 of 1912 th the industry is I highly proC prof- and if it the output can an be mar- mar Ul kc t. ll an and tha tho price maintained the wIll ill be he n n a position to make moke a tIl further r laro Increase e in lit In 1913 I SULTANA A LE LEASE SE HAS BEEN EXTENDED Ie HI Lou Tames James Morgan Mor Mor- gnu gan and George Tinsman have secured an extension of their lease on the Sultana Sultana Sul Sul- tana property in tho the Columbia mining mining- district of or Tooele county and will continue continue con con- work vork there throughout tho the win wn- winter n- n tel ter Mr r. r Tinsman being In charge says the Eureka Reporter The They have o se secured secured so- so cured an oil option lion on the controlling In Interests Interests In- In of ot the property ProPerty- This property Is a most promising piece of ot mineral ground g anti and contains a very nice showing show show- In ing of lea lead silver ll ore Some little development de do- work is needed to put the theore oro ore bo body 1 in shape for fOI the economical handling of tie ore but hut this work should bo be accomplished lon long before the spring weather places tho the roads In condition for ore oie hauling The Thc Sultana Sultana Sul Sul- tana tuna hits has the earmarks of or a bonanza HISTORY OF lEAD LEADa a LAST J 2 MONTHS Production Imports Exports I an and Prices Utah Prices Utah Shows an An estimate of ot tho the production of re refined re- re tined fined lead in tlc United States In 1912 has been COmpi compiled ed b by C. C I E. E of ot the tho United States geological survey sur from reports by all lead refineries and soft lead smelters in in hi operation during the year oar These reports cover actual prod production for th tho thA first ten or eleven en months of or the tho year with an estimate for tor tho the remainder er of ot the th year Tho The total production of refined lead and soft sort from domestic and foreign ores in ill 1912 was waR approximately matel G short tons worth at th the average o Now ew c York 4 compared to tons in 1911 and tons In 1910 ThOse These figures R do donot donot donot not include an aim e estimated output lt of or orI I tons of ot lead against tons in 1911 and HOG tons tops in 1910 The Tue Imports Import of lead are nrc estimated at short tons of lead in Iii ore oro valued at tons of ot lea lead in In baso bullion valued at and tons ton of ot refined lead having a value of or a OOOO-a a total of 03 tons compared corn corn- pared to 89 5 tons torts in 1911 Of ot the ln 1912 imports tons or about 97 7 per cent came from Mexico The Tho e ox- ox ports of foreign lead leat lead of ot foreign origin smelted or refined In tho the United 1 States show a decrease of ot moro more than thana a third being estimated at G tons against 7 tons in 1911 Tho The Imports Im hn- Irn- Irn ports of typo type metal lead lend were 7 7 7 pounds containing pounds of ot lead and valued value at compared with pounds in 1911 containing containing- pounds pound of M lea lead and I worth These imports of ot type I metal are withdrawn from bond and therefore h should not be Lc added to the general Imports of lead given g above as that would Involve duplication Amount Available Tho amount of or lend lead available blo for consumption luring during 1912 may bo ho estimated estimated estimated esti esti- mated l h by a adding to the time stock of foreign lend lead in iii bonded bonde warehouses at the tho be begInning beginning beginning be- be ginning Inning of the year short tons tho the imports tons and the domestic domestic do do- production tons making mate mak lag ing an apparent supply of ot tons From this is to bo be subtracted tho the foreign for tor- eign lead exported from warehouse 3 tons tho the foreign lead exported in manufactures under drawback estimated estimated estimated esti esti- mated at tS tons the deduction b by liquidation SH tons and the tho stock Block In bon bonded d warehouses at the tho close of or ortho the tho year car assumed to be the same amo as asat asat asat at the close of November Xo tons ln leaving as ns available a for fol consumption tons which b by comparison with 7 tons toils In 1911 1 tons In 1910 UIlO and 3 OOl tons in 1909 scorns seems to bo ho a normal figure Lead Price in 1012 1912 Lead Lend began the tho year at New cW York with a price of 1475 cents n a pound and hel held this figure uru through h January A sharp decline brought tho the lowest price of ot tho timo year by tho middle of ot February with lead at 40 cents a n pound A lon long rise with one on considerable depression In August brought the price to EI 61 cents b by the middle of September Here nr tho the price remained practically stationary stationary sta sta- until tho the close of October after which a n. sharp harp decline carried tho the price down to 43 cents at about which It closed tho the year Tho The average New NewYork NewYork ew York price for or the year car was again 15 cents a pound as ns it was vas in 1911 Utah Production The Tho of lead In Utah in 1912 which was Increased about 2 25 per percent percent percent cent over oyer that of ot 1911 was wan derived chien chiefly from froni the Park Parle elt City an and Dingham Dingham Ding Ding- ham districts thou though h the Tintie district district dis din triet an and Beaver county made the tho usual output The production of ot zinc for tor the year showed a loss of 20 O per pel cent cont from that of the previous year A considerable consider consider- able ablo production from tho the district began to come In lato late In the year and ana that district will figure figuro largely in tho the output for the coming year The other principal producers were tho the Park City and ancI Bingham districts and Beaver Co county U fl ty Output Nevada produced nearly si six times Ume as 5 much lead In 1912 as an in lOll 1911 1 surpassing nn any production in the last Jast ten years The increase Is duo principally to adjustments of oC litigation and to the completion of or the railroad spurs to and at Lincoln county count in 1912 Regular shipments ot ol lead ore were wele made mado through the latter lattof half holt of or the ear Clark ClarIt counts counts' also had a largo large len lend lead output The Tho Yellow ellow Pino Pine mill operated the entire year car producing producing pro pro- l lead ad as well ell as zinc concen concon- trat s. s The zinc Inc production of or the state slate was between three and four tour times as large larse as In the tho prece preceding year ear The Timo Yellow Pine mine mino was tho the largest cst producer producer pro pro- ducer shipping moro more than 1000 tons ot ol concentrates a month Th The Potosi mine also had a large output Idaho Gained Idaho made a gain aln of 2 Z per cent in lead production in 1912 over o that of ot 1911 which was wa the largest for tor several years This output of or lead was made mado by tho mines of ot the Coeur region and b by two mines In Lemhi count county The lead smelter at Hahn was burned in September and tho the only smelter operated In tim tho time state in 1912 was wat the tIme ol old lead stack at Clayton in Custer county The zinc production of or Idaho gained moro more than 60 per c cent nt over the record output of ot 1911 Hill rho Tho Success mine was the largest I plo producer shipping approximately 1000 tons tons' of or zinc concentrates a month The Tho MornIng Morn Morn- Ing Ins mine at Mullan was also alBo an aim Important Important Im mm- pro producer and there thero were shipments ship shIp- monte ments from several other districts TONOPAH SHIPS 1 TONS ORE Ore shipments from Tonopah for tor November amounted to 4 tons as follows Tonopah Mining 1333 tons Tonopah Belmont Montana- Montana Tonopah Tonopah Extension West Fond Ind 1879 Jim Butler Dutler 1187 1 Tonopah Merger Midway North orth Star says tho the Tonopah Miner Shipments for tho past week weel totaled tons valued at t The rho shippers were Tonopah Mining WO tons Belmont 2860 2850 Montana l. 1024 Tonopah West VORt WestEnd WestEnd End 20 l MacNamara J Jim Butler Tonopah Merger Jerger North Star 45 Midway Ud a 45 The Tho events of ot tho week are arc given shen as follows Tonopah mines and mills were closed Christmas day hence a decrease In Inthe Inthe inthe the weekly output of or ore Tonopah 1 Extension cuts a now vein I above o tho the foot level le Montana encounters a portion of ot the Macdonald vein on the foot tool level North Star workings on foot 1250 level ol again open up very cry good or ore Jim Jhn Butler ore bodies on |