321GOLD, SILVER, COPPER, LEAD, AND ZINC IN THE EASTERN
STATES
(MINE REPORT)

By A. J. MARTIN


SUMMARY OUTLINE
 Page Page
 Summary 321 Review by States—Continued.
  Calculation of value of metal production 321 New Jersey 326
 Mine production by States 324 New York 327
 Mining industry 324 North. Carolina - 327
  Ore classification 325 Pennsylvania 328
 Metallurgic industry 325 South Carolma 328
 Review by States 326 Tennessee 329
  Alabama 326 Virginia 330
  Georgia 326.


 The mine output of recoverable gold, silver, copper, lead, and zinc in the
Eastern States in 1941 was valued at $34,159,265—$5,941,270 more than
in 1940 and the highest value in any year since 1917. Zinc represented 86
percent of the total in both 1941 and 1940 and 85. percent in 1917. Mine
shipments of zinc in 1941 increased 7 percent over 1940 and set a new annual
record. Gains in production and shipments were made in New Jersey, New York,
and Tennessee; in Virginia actual production of both zinc and lead durrng
the year was less than in 1940,but the quantities shipped (production credited
to year of shipment in the tables that follow) were larger. Lead production
increased in New Yorlc and decreased in Tennessee. The output of copper,
nearly all of which came from North Carolma, Pennsylvania, and Tennessee,
increased 6 percent over 1940. Gold production rose 19 percent and was the
highest in both quantity and va lu&sinèë 1882. The princ
ip aIgold-producing states were South Carolina, North Carolina, and Pennsylvania.
The silver output was recovered from the refining of the gold, copper, and
lead produced.
 All tonnage figures are short tons and "dry weight"; that is, they do not
include moisture.
 The value of metal production herein reported has been calculated at the
following prices.

Prices of gold, silver, copper, lead, and zinc, 1937—41
Year
Gold 1
Silver 1
Copper 1
Lead
Zinc3
1937                         
1938                         
1939                         
1940                         
1941                         
Per fine ounce
$35.00
35.00
15.00
35.00
35.00
Pe,~fine ounce
$0. 7735 . 646+
5.678+
6.711+
6.711+
Per pound
 $0. 121
.098
. 104
.113
.118
Per pound
 $0. 059
. 046
.047
.050
.057
Per pound
$0. 065
.048
.052
.063
.075
 I Priceunder authority of Gold Reserve Act of January 31, 1934. Treasurylegal
coinage value of gold from January 18, 1837, to January 31,1934, was $20.67+($20.671835)
per fine ounce.
 21937: Yearly average weighted Treasury buying price fornewly mined silver;
1938-41: Treasury buying price for newly mined silver.
 3Yearly average weighted ~pricc of all grades of primary metal sold by producers.
$0.64646464.
 ' $0.67878787.
$ $0.71111111.