Salt Lake Herald-Republican | 1918-10-06 | Page 33 | Regulating Rare Metals for War

r RARE 1 MEAlS METALS fR FOR S WAR AAR Relative Relative- to the the- requisition and use Ue usef ti f fp tho time rarer metals platinum Iridium id rid d palladium and tho the great need the has for tor vital lal war pur- pur E loses a letter leter from Hennen Jennings of tho the platinum regulation to Director Van H. H ManIng Manof Man Man- Ing of tho the bureau of ot mines sa says in J rt t Through the tho secretary of or war ar the section of oC the tho war ar industries ard ird In February InS was given gl en cr i to requisition platinum for tor gov- gov ment purposes purpose Three requisition ders rs havo o ha been issued ca eh eaph ch one Broader oaler In scope than tho tha preceding February 23 tho the first covering only names was issued on May Mayhe a U the he sec second nd covering over names name d a on June Juno 25 the tile most recent cov- cov Ing ng 1555 names There are aro some 1000 Icen licensing Si throughout the country countr and andI I an nn organization of oC some same t ty persons A pen penalty Hy Is provided pro i J r A the violation of any of or the pro provi- of ot the act by a fine of ot not more morel l Ean n or imprisonment of not more morean I Ian J an one e year oar or both fine and le Representatives of oC the tho war Indus- Indus es es es board have set forth the sul sudden on d great Increases that tho the tho Jo Jorn govern govern- rn- rn nt lt authorities had hal found it It ry y to make in connection with wIh in m rn etc requirements In fact fact the estimate of ot requirements is S only ounces In March Rn and In Juno For For the year ear 19 1913 the worlds world's pro pro- f lon of ot crudo crude platinum has been pro pro-I fin cli at about 31 ounces troy fe lie ille for tor 1017 1917 only ounces thus ten present there thore is obtained from n all s only 26 per cent of or the pro- pro r ir output In 1913 RU Russia Rusia IIa was credit credd clet- clet cred cred- d it with 95 per cent of oC the total and 1917 only CO GO per cent 1917 is associated with wih platinum rd the supply o this metal i is for tile the t part obtained from the tho platinum I of oC Russia Platinum was Ils- Ils dla- dla J ered eNI in Colombia South America In InIn In Tnt 1810 It commanded commande only from ti to 40 cents an nn ounce It I was found M in 1819 In lS 1823 8 it ii had a n aLI nto LI tie to of ot about 57 7 an ounce Tile The flue flue- fue- fue ion In values of ot platinum llon and Irm Ir- Ir Im if m from 1901 to 1914 Is la most nole no- no le the price per troy ounce of ot fl Unum varying from 14 H to to 36 it co 1914 platinum and its tH allied aled met- met tha l varied In In price as follows I 1914 platinum 15 I IrIdium 65 CG and Indium 44 4 1915 platinum 55 irl- irl r l 83 anti and palladium 67 1917 1017 plat plat- rJ r 03 indium 50 and palladium platinum iridium J palladium 5 the tho government eed prices 3 o. o ext to Russia Colombia produces e amount of or platinum and Pent the promise ot of larger tuI fuI fU- fU I i outputs under stimulus of oC higher 1 s. s Platinum In this country is IN isI I d in many places but in small smal s J being belm less than 1 n nor ncr r cent of or I worl's p production hut hut but with t h-t the hl high higi h price Us its Is discovery and anc ir ll Bluet Ion In this countr country may be ben beno n no le wha Increased e platinum and Its Is associates are arc tar far tarr r f l rare than h n gold In the 1917 reIt re- re P It t kj of oC the tile geological sUr e survey It was Wn that the tho estimated output oCd of oC iad d Inurn In the world odd varied aried from 5 5 1 tC 00 00 OO to 11 ounces whereas theof the tho pr of ot the mints mint's statistics would show that about ounces 1 Id ld havo have been mined since the tho dis- dis ry V of ot America thus tho the output tle of or by weight has been In the tho neigh neigh- of ot from Crom eighty to times p peO of or platinum r he hC ic varied uses of or pl platinum Iridium r tt are are Indica Indicated tel In the lIst lIst- of or licenses In lii the thc re regulations In IL l' l eolo Ical survey suney report on Ph PlatiS t 1 S 'S and Allied I ll Metals for Cor or 1917 these are given hen In considerable details 1 arc 10 finally summarized as follows In er- er Iridium Indium and palladium evl for tor the conduct of or the platinum principally for fop tho the I I chemical Industry Iridium chiefly for forthe forthe the Industry and palladium I for Cor tho tile dental dental In Industry In oll order r that more platinum ma may itlay bo ho released cl for chemical work ork I