Show 0 production OF LEAD IN 1913 an estimate of the production of refined lead in the united states in 1913 has been compiled by C E Sl ebenthal of the united states geological barvey from reports made by all lead refineries and soft lead smelt eries in operation during the year these reports cover actual production for the first ten or eleven months manth and an estl mate for the remainder of the year and from them the figures of production are arc made up without change the statistics of imports exports and lead remaining in hi warehouse have been taken from the records of the bureau of foreign and domestic commerce for eleven months the figures for december having been estimated during the year three new lead furnaces were completed at the smelter of the international ter national smelting smelling Sm elting refining company at tooele thoele utah giving the plant a capacity of 1250 tons daily the balbach smelting smelling Sm elting refining company removed its lead refinery from the former location to a new site on newark day bay and doubled its equipment and capacity it is reported in the mining press that a ton lead stack is to be built in the warren district of arizona to handle the output of the shattuck mine production the total production of refined lead de zed and soft from domestic and foreign ores in 1913 was approximately short tons worth at the average new york price compared with tons worth in 1912 and tons in 1911 these figures do not include an estimated output of tons toils of lead against 1355 tons in 1912 and tons in 1911 of the total production lead of domestic origin exclusive of soft lead is estimated at tons against tons in 1912 and lead of foreign origin at tons compared with tons in 1912 the production of soft lead mainly from mississippi valley ores is estimated at tons compared with tons in 1912 the final figures of production of soft lead are likely to show an increase of a few thousand tons over those here given for the reason that the lead smelt eries and refineries undoubtedly treated more or less soft lead from the mississippi valley which is not distinguished from sil ver lead ores in their preliminary estimates it may be with these additions that missouri will retain first place in the years output of refined lead in the mine production of lead missouri lost first place to idaho there was a marked falling off in the production of lead of foreign origin owing to the disturbed conditions in mexico but this loss was more than made up by the increased output of domestic lead imports and exports the imports of lead are estimated at short tons of lead in ore valued at tons of lead in base bullion valued at and forty one tons of refined lead valued at a total of tons compared with in 1912 of the 1913 imports tons or about 83 per cent came from mexico over tons from german east africa and the remainder chiefly from south america the exports of foreign lead lead of foreign origin smelted smelter or refined in the united states show a decrease of about a third being estimated at tons against tons in 1912 the imports of type metal lead were pounds containing pounds of lead and valued at all imported in the first half of the year during the second halfon half of the year lead has been so nearly on a parity with foreign lead that it was not profitable to import foreign material on which duty must be paid lead avail available able for consumption the amount of lead available for consumption during 1913 may be estimated by adding to the stock of foreign lead domestic stocks are not known in bonded warehouses at the beginning of the year short tons the imports tons and the domestic production tons making an apparent supply of tons from this is to be subtracted the foreign lead ex ported from warehouse tons the foreign lead exported in manufactures under der drawback tons in nine months month st the deduction by liquidation t tons on fint and the stock in bonded warehouses at the assumed to be the same saine close of the year as at the close of nove november aber tons leaving as available for consumption tons which by combar comparison son with tons in 1911 and tons in 1912 with tons in 1910 seems to be an excessive figure making it seem very probable that in lead as in zinc there has been a large increase in smelter stocks the relatively high price of lead in europe induced the exportation of lead of foreign origin faster than it was smelted smelter and refined in this country as shown above by the decrease of stocks in bonded warehouses from tons january 1 to tons november 30 showing that the increase in smelter stocks was made up wholly of domestic lead the foreign lead remaining in in warehouse at the close of november 1913 was distributed as follows at ai el paso short tons at st louis 49 tons at new york tons prices lead began the year at new york with a price of cents a pound and held at practically that figure through the first seven months of the year A sharp rise beginning late in july carried the price to cents a pound in the last week of august the maximum price of the year A steady decline then brought the price to 4 cents a pound by the middle of december the lowest price of the year and at about this figure the year closed the average new york aorl price for the year was 44 cents a pound compared with the average of 45 cents a pound in 1912 and in 1911 the london price of lead started at 17 ls ad a long ton cents a pound and gradually dropped until on march 10 the minimum for the year was reached nt at 15 as ad a long ton cents a pound from this point there was a rapid recovery until antil june 19 when the high point for the year was reached lead selling for 21 a long ton cents a pound there was a drop of about half a cent a pound early in july which was recovered by the alobe of the month and from then until the middle of november the price remained practically stationary during the latter half of november and early december there was another decline which brought the price down to 17 ad a long ton cents a pound and the market closed at about this figure the yearly average price of lead at london was 2 18 ad a long ton cents a pound |