Show ARTS TAKE MUCH GOLD OD AND SILVER Silver Siver 50 Per Cent Cent Gold 33 Per Cent of Total Minted Accord According In to the thA estimate of ot the director di director director di- di rector of tho United States mint the tho to quantities of gold and silver used In Inthe inthe the tho arts art In the tho United States In 1907 1901 were as follows Gold Value United States bullion bulon j. j J. J I 1692 Foreign bullion bullon United States coin Old Did material Total Sliver Silver Siver Fine Ounces Ounce United States State bullion bulon Foreign LoreIgn bullion United States bulIon coin Old DId material St Total The Tho quantity of ot coin used Is entirely an estimate Deducting this tho the government gov gov- O eminent mints and assay offices furnished fur tur- per cent c nt of the gold old bars 91 and 01 per cent of the silver bars taken for use in time the arts private re- re supplying 83 and per cent respectively This estimate docs does not take taka into account account account ac ac- ac- ac count the old gold and silver that Is siver meled melted down privately and used It I Is probable that most of tho the gold sold n meled Is passed through tho the assay offices In order to secure certificates as to Its Is Oneness fineness but a considerable quantity of siver sliver silver may la be used in this wa way without passing through either cither government or private refineries Tho The quantity of ot the precious metals thus estimated as n used In tho ho arts was waH equal equal to 45 46 per cent of the tho gold goll mined In tho the United States in 1907 and 43 03 per percent percent percent cent of ot tho the silver No estimate for tor 1908 has lias lag yet been made On tho the basis of such returns as could bo obtained from foreign countries tho the total quantity of ot the precious metals used In the arts In 1907 is estimated at In gold and ounces of ot tine silver sH This Is per percent percent cent ment of ot tho the gold Kold and 50 GO per cent of tho the silver milver mined in the world orl in that year ear Will 11 Double Copp Copper r Superintendent Vivian lon Vl informed Inform d the Reporter that all al four of ot tho tim furnaces at it the tho TintIc smelter are now running thong along in nice shape the copper furnace furnace fur fur- nace which has Just been put in operation opera opera- ton Lion tion giving Itlo or no trouble It I is generally understood that tho the starting uJ LIFT up- of the tho copper furnace will wi mean menn the resumption of at work at nt both the Grand Gran Central and Victoria mines both of ot which have o contracts contract with wih tho the Tintic plant lant The Tintic officials of tho the Grand Central Central Cen Con Iral and Victoria mines aro oro unable to state Just jUt when the tho shipment of ot ore wl will bo be resumed but It is understood under tood that it I will wi be about April 1 Superintendent Vivian states that tho ho hoopper copper opper unit at the Tintic smelter or will willbo willo bo o doubled Immediately ImmedIate the material necessary for making the capacity of the he furnace Just double what It Is at atthe the tho present time having already been ordered He lIe says that there Is consIderable considerable con con- copper ore perhaps tons pled piled up at tho the smelter and nd It I will 11 take tale some little time to get set this cleaned up up- |