CodalSearch this book — or all of Codal…⌘K
nydus/The Economic Aspect of GeologyPublic
Page 213 of 360
Table of Contents

MISCELLANEOUS METALLIC MINERALS

were in large part dominated by German capital, but during the war were seized by the Italian government. The mines of Idria, Austria-Hungary, were owned by the Austrian government and their ultimate control is at present uncertain. Reserves are very large, being estimated at about one-half those of Almaden. Although England has had a considerable control over the prices and the market for mercury, the Italian and Austrian deposits have provided a sufficient amount to prevent any absolute monopoly. English interests have now secured control of the Italian production, and it is expected that they will also control the Austrian production—thus giving England control of something over three-fourths of the world's mercury.

In the United States about two-thirds of the mercury is produced in the Coast Range district of California, and most of the remainder in the Terlingua district of Texas. Smaller quantities come from Nevada, Oregon, and a few other states. The output before the war was normally slightly in excess of domestic demand and some mercury was exported to various countries. Due to the exhaustion of the richer and more easily worked deposits, however, production was declining. During the war, with increased demands and higher prices, production was stimulated, the United States became the largest mercury-producing country in the world, and large quantities were exported to help meet the military needs of England and France.

With the end of war prices and with high costs of labor and supplies, production in the United States has again declined. Many of the mines have passed their greatest yield, and though discovery of new ore bodies might revive the industry, production is probably on the down grade. Future needs of this country will probably in some part be met by imports from Spain, Italy, and Austria, where the deposits are richer and labor is cheaper. This situation has caused much agitation for a tariff on imports. The present tariff of 10 per cent is not sufficient to keep out foreign mercury.

213