Ch. 1: Gold and Silver in 1917

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606                           MINERAL RESOURCES, 1917—PART I.
The figures in this table result from cooperation of the United States Bureau of the Mint and the United States Geological Survey and are agreed upon after conference and adjustment between the two bureaus. They are, therefore, final for both.
The totals are based on bullion deposits in the United States mints and assay offices and on returns to the Bureau of the Mint from the smelting and refining companies. The distribution is adjusted by information collected by the United States Geological Survey directly from the producing mines and tabulated for the mines reports later discussed. The data giving the total production, and in part the distribution, are obtained from records of (1) the unrefined domestic gold and silver deposited in United States mints and assay offices, (2) the domestic gold and silver in fine bars reported by private refineries, and (3) the unrefined domestic gold and silver contained in ores and matte exported for reduction. The last item is of small relative importance.
In addition to the production of gold and silver by domestic smelters and refiners from domestic sources in 1917, amounting to 4,051,440 fine ounces of gold and 71,740,362 fine ounces of silver, these plants produced 769,171 fine ounces of gold and 50,106,811 fine ounces of silver from foreign ores. These figures represent a de­crease of 31,634 ounces of gold and an increase of 3,855,794 ounces of silver compared with the corresponding figures for 1916. The foreign ores producing this bullion were mainly from Mexico and
The'value of the new gold used in the arts and industries in the United States in 1917 was $34,803,445, and the quantity of silver used for such purposes in 1917 was 15,998,807 fine ounces.
Ch. 1: Gold and Silver in 1917 Page of 84 Ch. 1: Gold and Silver in 1917
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US Geol. Surv. 1917. Gemstones, Metals.
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