OCR Text |
Show OBSERVATIONS By Jan The market prices of lead and silver are on the toboggan and have reached! the lowest point since 1922. Production is being reduced Men have been layed off wages are being cut in short the situation is rather discouraging. dis-couraging. However it is always darkets just before the dawn and when winter comes spring is not far behind so we may have hope for the futfure. The deep lead, zinc and silver mines are having a hard struggle for their very existence under present conditions and there is no profit to the shareholders in continuing their operation at these metal prices, but to shut them down completely would be disastrous to the community and therefore it is hoped that they may continue even though on a very much reduced scale of operation. |