Lead Producers Get Freight Cut A rate of $12.50 a ton on lead bullion from Utah to New York common points, which means the above rate for movement of lead bullion from Utah smelters to eastern lead refiners, has been established, effective today. The new rate is a reduction of I $4 a ton and brings the rate to $2 a ton above the pre-war rate. 1 It makes the freight rate on ' shipment of lead equal to the one of copper. The copper rate 1 reduction to $12 50 a ton was ' made over a year ago and was made to secure the all rail move 1 ment of bullion as against the ' movement by canal which rout-1 rout-1 ing was securing all of the copper cop-per business. The all rail rate now is approximately equal to the water and rail rate. The reduction is directly beneficial ben-eficial to the lead producers of Utah since most of the smelting contracts provide for the producer pro-ducer to pay the actual bullion freight rate charge from Smelter Smel-ter to refinery which automatically, automatic-ally, in such contracts, gives the producer the actual bullion rate reduction. The saving to Utah lead producers pro-ducers based on 1923 lead production pro-duction will be close to a half million dollars. In 1923 Utah produced 208,272,000 pounds of lead according to estimates made in the Victor C. Heikes United States Geological Survey report on Utah metal production. The new rate of $12.50 a ton will bring the tariff within $2 of the pre-war level of $10.50 at which it held for years. From $10.50 by the famous McAdoo order of June 25, 1918, the rate on lead was advanced to $16.50 a ton. In August 1920, the rate was put at $22 a ton. From this high mark, on Aug. 11, 1921 the tariff was reduced back to $16.50 the present level.