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Ch. 1: Gold and Silver in 1912

Ch. 1: Gold and Silver in 1912 Page of 93 Ch. 1: Gold and Silver in 1912 Text size:minus plus Restore normal size   Mail page  Print this page
GOLD AND SILVER. IMPORTS AND EXPORTS.
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The following table gives a summary of imports and exports of gold and silver during 1912:
MINES REPORT.
METHOD OF COLLECTING STATISTICS.
The first table in this report presents the final official figures of the production of gold and silver in the United States in 1912 as agreed upon by the Bureau of the Mint and the United States Geo­logical Survey. With the relatively unimportant exceptions of domestic gold and silver contained in ores, mattes, etc., exported for reduction during the year, these figures record the actual pro­duction of gold and silver bullion from domestic ores in marketable form as metals, either refined or unrefined.
Owing to the difficulty of tracing this total gold and silver pro­duction back to its origin by States, counties, and mining districts, however, the Geological Survey attacks the problem of distribution by systematic investigation of the mine production of ores containing gold and silver during the calendar year, and of the output of the placer mines. In this way the state of the mining industry is studied in detail, and classification of output by methods of production and by kinds of ore, as well as by minmg districts, is obtained. The resulting figures form the basis of the mmes report.
As already stated, the Bureau of the Mint takes into account, as the basis for figures of production, statistics of gold and silver in unrefined bullion deposited in the United States mints and assay offices, in fine bars of both metals produced by private refineries, and in ores, mattes, etc., exported for treatment.
Ch. 1: Gold and Silver in 1912 Page of 93 Ch. 1: Gold and Silver in 1912
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US Geol. Surv. 1912. Gemstones, Metals.
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