EXPORTS.
Exports of platinum, as recorded by the Bureau of Foreign and Domestic Commerce2
in 1920, were 1,302 ounces of unmanufactured platinum, valued at
$177,115, and manufactures of platinum to the value of $111,014. The
exports of unmanufactured platinum were 200 ounces to Canada and 1,102
ounces to Japan. All the manufactured platinum went to Japan.
CONSUMPTION.
The
following tabulation of the information supplied by dealers as to the
consumption of platinum, iridium, and palladium in the various
industries is of interest in showing the changes due to changed
conditions. The jewelers continue to use more than half of the platinum
metals consumed, and the electrical industry 19 per cent. The use of
palladium-gold alloys by jewelers apparently diminished greatly, for
this industry used only one-third as much palladium in 1920 as in 1919.
The
total consumption of these platinum metals in 1920 decreased
approximately 9 per cent from the consumption in 1919 but increased
22.4 per cent over the consumption in 1918.
Platinum, iridium, and palladium used in the United States in 1918-1920 by consuming industries, in troy ounces.