Show JAPAN AFTER iMORE MORE SPELlER SPELTER Expected EI Pd Frieze e Will il Soon Rebound to 10 9 Gents or Above l It I Is e expected p that a su sudden den heavy demand from Crom Japan for moro more spelter probably the result of or tho the launching of or oran an army Into Siberia and the In Increased Increased In- In I creased activity at al the he ordnance and I factories will wil cause spelter 1 to a again aln springS back at nt least above c J 1 1 cents a pound Relative to this matter matter mat mat- ter and nd tho the weekly government report on oil the zinc situation a a New ew York Journal says SaS that there Is a lea heavy de demand ile- ile mand from Japan for spelter according to metal exporters While hla It Is f all aI grades of or tho the product a n considerable able able percentage percenta e I lp for grade Jrade A. A which Is 1 be- be cd Intended for Japans Japan's extensive manufacture of or war munitions Since Sinco dealers denIers havo have been restrained from selling lead except except In less les than carload lots tho the spelter trade has been their chief field of act I activity and about the only one in which exportation exportation tion Is permitted with comparative ton freedom wih e The position pOlton of or the metal has hs Im Improved Improved Im- Im proved pro durin during the last three weeks Report of or the lie United States geological sUr e survey shows a steady decrease In stocks while production has tended to Increase fl slightly hl Stocks September 28 totaled only tons compared with tons September 7 i. For various grades production lion tion lon and stocks stock were as follows Tons of or 2000 pounds Sept Sept Sept Sept S Sept pL Pro Production 2 21 21 1 14 74 10 7 Grade A A. A 2433 2413 2742 2485 2634 2534 Grade B 9 0 Grade C C. C 3 2258 58 1387 2391 39 Grado Grade D D. D Total 1031 i Stocks Grade Grado A A. A Grade n B n. n n sn 1885 Grade C C. C 1041 I Grade I D D. D 1 10 1633 14 I Total I I |