Show the production of tungsten heavier scarcity of metal causes price to advance aiom normal of 6 to 93 50 per unit for six ty per cent concentrates the tungsten production of the united states during the first six months of 1916 exceeded the pro of this or any other country in any previous twelve months prices were even more phenomenal than production and reached more than ten times their ordinary level the output was equivalent to about short tons of 0 concentrates car crying 60 per cent tungsten trioxide valued at 9 according to an estimate made by frank L hess of the united states geological sur vey department of the interior sta are valuable only so far as their accuracy Is known and this es dimate is believed to be correct with be u lid er rather than over the true figures these figures are no less note worthy when it Is known that in 1915 much the larger part of the production was in the second halt half of of year so that the total domestic output for the twelve months end ing june 30 1916 probably amount ed to about tons i colorado has regained its lead in the production of tungsten ores and between january 1st and june marketed 1505 tons valued at 3 ot of which the boulder field furnished 1494 tons california sold tons valued at 3 the reason for the higher value of the california ore was that it was nearly all sold as high grade con cen but a large part of the colorado ore sold was of low per and had to be milled and concentrated with consequent ex ense and loss from nevada tons valued at 11 and from arizona to tons worth are estimated O 0 it have a e b been e e n shipped smaller quan itis owr were e mined in alaska connect 10 ficat acut idaho Alis missouri south dako ta a new mexico utah and washing on not only were the output and brices arices unique but the ratio of the beveral several tungsten minerals produced was different from that of other countries of large production the quantities and values were approximately as follows 14 5 ions ons 3 scheelite 1104 ions ons 4 tons and AW tons tells in ili most countries the prevailing hill aili eral Is and no other country approaches the united states in ili tl e quantity of or or schee I 1 alte ite ilie I 1 he scheelite comes mostly irom atolia atolls california but signi fl cant quantities are mined in neva I 1 da arizona idaho and connecticut ahe tremendous increase of prices caused by the need of high speed I 1 tools to cut war stee ordered by tho th governments rovern ments of europe of course caused the great increase in prodie alon 10 prices at the beginning of the war were irregular and depended on the buyers balers need of the ore and probably on his fear feir of the bill ty of not being able to ge get t it when he might need it even moie mole ores I 1 carrying 60 per cent of tungsten tri oxide brought at that time as much as 6 66 6 a unit but at the last of maich match some sold tor for 93 60 50 a unit at the mills and even higher prices were quoted in the pera pers though they could not be con firmed the prices of the same ore in the new ork lork market would nat aurally be somewhat higher under the stimulus of these high prices production not only in this country put ut in the world at large has becq been t the highest point ever known I 1 t at arst sudden demand creata ed by the orders I 1 for or war steel were werd far ahead of the tile instant production power of the country the rapid int in crease in prices starting last tall fall at tl ti e time when tungsten mining was at a lox ebb and culminating in ille undreamed maxi maximum munt mentlow ed d caused prospecting and conse quent neat discoveries of new deposits the operating at high tension the old mills and the hasty building of new mills As a result the production increased faster than the ton in and soon overran the demand t anat demely at would absorb tre ile output it tha tile extremely high prices 1 si a that a drop in prices was inevitable june close 1 with ill the alico pileo around 25 a unit which was still much higher tl an any price known before this year ear the highest price bevi bously reported to th ill sur vey was 15 a unit pall in ili 1107 1907 ri ahe ile normal price hae has teen een 6 to 7 during the elx six months anler un ler consideration forty mills of various arious types ani ant were mere in operatis opera tim part or all of the time on all tui till gutc ores and at the end ot of june 14 4 were under construction |