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Ch. 2: Platinum in 1913

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446
MINERAL RESOURCES, 1913----PART I.
A sample of heavy concentrates from placer mining near Yacolt, Wash., on examination showed small quantities of gold and about one-sixth as much platinum as gold. No gold or platinum was found in any of the sand coarser than 100 mesh.
REFINED PLATINUM.
A considerable output of platinum is annually made in the United States from the refining of gold and copper bullion. A portion of this platinum originates in old scrap, sweepings, etc., sold by jewel­ers and dentists. About 650 fine ounces, however, was derived in 1913 as new metal from gold and copper bullion from domestic mines. No output of platinum concentrates was reported from plat-iniferous lodes of the United States in 1913.
In 1913 crude platinum sand was imported into the United States to the amount of 48,942 ounces. If the content of fine platinum in this sand is assumed to be 80 per cent, the approximate production of refined platinum in the United States in domestic refineries from foreign sands in 1913 was 39,154 ounces.
Production of refined platinum from domestic sources, 1903-1913, in troy ounces.
PRICES.
The following table gives the prices of ingot platinum per troy ounce at New York, by months, for the calendar years 1909-1913:
Prices of ingot platinum per troy ounce on the New York market,1 1909-1913,
& months.
Ch. 2: Platinum in 1913 Page of 115 Ch. 2: Platinum in 1913
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US Geol. Surv. 1913. Gemstones, Metals.
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