Show gintic tintic operators are concerned over silver 0 price of the white az metal said to be insufficient smelters are unable to sell 2 to government at present 0 the situation in regard to the re 7 7 cent quoted prices of silver which kyrist oy riST mat will be remembered reached the low point of 81 cents 1 last tf week aw has been 37 extremely alarming to the producers of this district wy as such 7 a price would iw bwy inevitably lead to the closing ff 77 of the a mines jeffay if fay it should be concerted www as permanent eighty Sfa one cents before jehy N the vw war would af haye y been isaf a very good awty price but mcf with 0 the jvan more than doubling a of mining wf freight and smelter costs the mines at this price f would be ff unable to make both ends meet 7 except a in rey cases of very rich ore and affy everyone 7 knows in this als bwy this Is not y always to be depend ed upon y it appears ff www that under the govern bwy ment s interpretation 7 of the pittman 4 the department Is bound syr to pay ff y 1 wesa 00 an ounce for silver y presented 7 v for purchase providing azy that it has As been produced and treated fema avata in the wl united states and kaa to insure SKy this the mint has demanded fi that a c W ficare shall accompany the metal 23 aff vis from the mine where ff it Is produced cw aviV this Is found J to be impossible 0 be cause nearly all barr of the silver W ore ff g to vy the smelter 7 Is mixed with 4 ores tyby from amz other faw mines 71 there sev fore evv the smelters have requested the government to a accept their jf cartiff wy jf 7 cates and pending the agreement of a the government k to this aay plan the vy smelters aw are unwilling aff and unable to i aff sell to the department ff the silver w latch they are getting f it Is under raf stood that 10 the 7 smelters and mines 7 are ey using their auf best jaff efforts with the csuy government jf aw to make this adjust gawve 7 so a aw as w pro vided by the pittman 7 a act 7 can be made effective ua 12 the smelters cyz have made a partial ag reent with that the silver now being purchased S at ore w diw prevailing low ff price aff vi will not be sold at the present time but held pend ing the settlement of this matter by the 7 government iffa 17 and in the event v it Is a sold aw at a higher price than quoted at the time of purchase the pro afif alff afaf dubers will be paid proportionately ff syo the mines and those connected ifft with them have been very much per over the situation and are looking forward with great concern aw abasi to the proper adjustment 7 isell by the authorities in washington to elaml 7 nate the red tape and make it pos 2 sible for the mines to get what is r properly conling amsy to them ay iy 2 As gintic tintic akst Is by jf far r the ar largest silver producer avay in the state ff it Is r of wavy course much apy paw more interested in 7 M aff the outcome of this matter our iw mines sw have 47 been coping in the tsy best possible way 7 to meet fay aej the ex difficult conditions w attend ter ar ing aw post 1 war period they have been saving their ay money too so feua s that vf their position aay might be strong y enough fiew to meet these conditions wf zw withholding their dividends so that 4 fag they i mcf might mw be fortified with ruffic rf 0 ya lent 57 funds to maintain the operation a effs of their dyff wy mines ff until more favorable v er cw conditions prevail it takes mora money than it used to to keep things a kiy going V and mine managements aay are 2 trying to see that money is Is saved f for this purpose so as to insure the k uniform and az steady operation cpr of their properties and this Is aft also jf r ks what the W people 0 of the aff district desire uniformity as alvr of vr operation ay adaway away |