Show Impressed by Mining Figures E Editor Tho TIm Telegram Noting tho the importance of mining and the tho great c interest shown sho In the tho state I was deeply Impressed with some facts and figures contained In Inho inthe ho tho October r number numb r of oC tho the Mining Congress Journal which found its way vay into my hands Being n a a newcomer new new- comer corner to the state myself the tIle Information Information in- in formation Va was most enlightening so soI soI soI I am nm passing it on to you ou The bureau of ot mines r reports ports that tho ho the value of oC mineral production atthe of at the country in 1929 was as or S 8 per cent greater greter than thon in 1928 Fuels increased 11 per pcr cent duo due to largo argo gains in the value alue of ot petroleum petroleum petro- petro leum eum and natural gas The Tho value of ot bituminous output increased only moderately and that of ot anthracite showed no material change chango The value of ot metallic products was vas 1 1 It I per pcr cent greater Except for tor gold cold and silver all the Important metals contributed to this increase of ot which nearly earb o one half was accounted account account- I ed for b by a a. rent great Increase In th the value of ot copper While tho the smelter II output of oC copper increased 10 per percent percent cent nt the value alue increased 34 per pcr cent I the he average price was was higher b by 32 cents p per r pound or 22 2 per pcr cent th than n for Cor 1928 Production and consumption tion lon of copper continued at a a. high rate throughout 1929 but production production tion lon so far tar outdistanced consumption as to cause an accumulation of stocks of ot refined copper at tho the end of ot tho year of ot more than two and one half times the tho stocks at nt tho be be- be ginning In lesser degree tho the lead zinc and aluminum industries benefited bene- bene CIted by increased output and higher I price le ls In 1929 Tho The produCtion production tion ion of ot steel reached a a. new high level exceeding 1928 production by 9 p per por cent and shipments of oc pig Iron reached a new peak total of oc S 8 per percent percent percent cent in quantity above 1928 ShIp ShIp- ments of oC Iron ore are were 19 per percent cent I greater Values alues of oC pig Iron and Iron ore oro averaged higher Tho production lon tion of high-grade high mang manganese nese ore Ole sho ed the first Increase since 1925 b by reason of sustained operation ofa of oC ofa a a- process of carbonato ores Gold Production declined 1 per Ier er sent cent ent The Quantity of or silver produced Increased moderately but buthe the he average and total val value valio e de do- do crease creased H TI B B. |