Show lead market situation continues improvement a advance of the local settlement price to 6 60 per hundred pound pounds further emphasizes the strength ot of the gray metal foreign silver oa on the other hand has developed a blight slight weakness arising no doubt from a seasonal blackness slackness in demand conditions in the east according accord lne to recent reports are favorable the pronounced underlying InK strength of the lead market has been further emphasized by the resistance si of market quotation quotations to the influences which weakened other base metal rates appreciably accord ing to the financial review although lead supplies continue in restricted strict ed volume the price la Is quoted unchanged close to 6 75 7 cents a pound for new now york delivery the strong domestic market situation has extended its influence even to london where spot lead adeane ed 2 schillings a ton to 25 26 pound pounds as ad this figures out about 5 cent cents a po pound und against prevailing aling exchange rates w the differential protecting the american market from foreign IM has been fixed at 2 cents a pound for slab metal and 1 cents a pound for lead in ores by the latest tariff measure in fidda tion thero there are freight and forward ing charges to be included in the broad outlook tho the lead situation Is to greatly favored by restricted strict ed sources of new supplies the labor position in australia continues very unsatisfactory spain is 1 also under a production depression german operations have been confused by the inequitable Bl leelan partition only in mexico can it be said that definite expansion in sup upa piles plies is to be looked tor for |