Show MINES OF STATE WILL ILL BOOM DURING COMING YEAR WITH RIGHT I CONDITION I l ILL Y OPTIMISTIC LOOKING FORWARD TO FUTURE I Interesting Statement on Situation Is IsM Made ad e by Prominent Mining Man ManBY BY MANSFIELD L. L SNOW V MINING nNING EDITOR f C lYE us ns a little cheu cheaper wr steel cheaper pov po er am and possibly a fl return lo to o G vJ our former railroad l' l rates tes and ol old smelter schedules nn and the tile mines of or Utah can tako care of themselves an and inako mako some profits Un Under cr these circumstances cir cir- it is possible that the present wage scale may stand That pertinent remark wits vas ma made o Friday Fri ny by a n. prominent local mining man nina an and banker baner lie elaborated on it somewhat as folio follows 5 I Steel can eLm como come down nn and that will give give- i us cheaper machinery An And prompt delivery is assured in the near future With the great government v po powder er factories sud suddenly enly ready to close down the tile need for their product ends with the signing of peace pc yes es almost with the armistice So many of or them may at once bo be turned to tho more helpful production of commercial powders the kinds required in our mines mines ou our quarries and mill in the tho great gen gen- oral construction program which is being mapped out for the future of or the United Unite States Freight ratos ratu may not be reduced at for the deficits In recent statistical sta sta- reports show the roads are arc not making profits on ion their theft present large As s to tho the smelters I thc they wI will bo nb able gradually to novo move back to old rates Recent published financial l reports show they have boon mc molting molting- money monc and havo have capital on ot hand to go gro extensively Into future mining mining- enterprises while many of oC our mines arc are tOda today tOlay living from hand to mouth There Is la much food foo for tor or thought In tho which will ho bo of ot general interest to mining men man as well aa ai to nil all business mon of or the tho Plate who t feel el tho vital attachment of or tho mining industry to tho general g prosperity of or thI this great The recent cut cul or oC 1 si a hundred pounds in tho tim price price- of oC lead lea thereby rc reducIng reducing uc- uc ing It from SO to 7 05 strikes a l body Jod- blow to man many mans of ot the tho smaller mines This Is III felt Celt particularly p b by th the properties which havo o tho misfortune to hid find hut but sliver silver with their lead Those mines with excellent Hilyer content m may do well even e with lead at the no now price Yet with high wog-oe wog and freight ht ht and smelter rates rate and everything in tho way of or powder machinery toola tooh and other supplies at top prices It tt rec requires s' s the kind of or f mine management to mako moko both ondo moot moct theo days day A slight reduction this week veel In London In tho price of or silver i. i Is a straw local mining men aro iro keenly watching watching- Some look for a n. temporary cut In tho the an nn price but eventually they expect to see seo It stiffen up to 12 and p or to Its Intrinsic money value alu Such ever unsatisfied customers customer for sliver silver as ne India and China Chinn nn and t a- a later laier all Europe aro arc In tho aggregate expected to bring silver back to Its own possibly before tho the close of or the new year Other Othor unpleasant nt Indications of or the week were reports from New ew ew York of or cuts in copper copper war prices One Ono drop In price cf cr 2 cont a pound pounds from f 26 to 2 24 cents then thon r. r cents cut are arc the tho first signals s of or anticipated r reductions in that metal Prior to war wai the thc Wall wa cavorting around front from 12 to IG 16 Mines generally arc are expected to be bo able to stand l price reduction will seriously affect omo of 01 tho the smaller mines s I In this metal Th These 50 cuts cute which today oda aro Just ablo able to cover The They must have ha some Bomo corresponding nJ re reductions reductions re- re on the thc expense wide side Ido or KO JO out of business t Another rather disquieting factor In Utah mining tho the past two months month or BO o has been th the epidemic of or influenza which hn has raid raided cd the camps J. J It has hns killed man many minors confined to their lw beds and frightened others out of ot c camp p. n This ThI many mines to go o short hort handed with tho the result or of reduction in tho the weekly tonnages But now tho the disease seems veil en in hand hend throughout tho the state tho the forces are aro being reorganized and the I prospects cro ro that shortly tho the mines will wilt be bo back at normal The soldier boys hoy aro home homo and will fill rill hundreds of or gaps gnps in tho the force torce and this l lr 6 will bo be a a. helping factor actor However or mining In Utah Is to today to lay in good shape generally and the miner being historically an IlU optimist he ho looks to the future futuro hopefully He lIe expects that the tho next few years will witness g great M things In Utah arid and that he ho will r receive his sharo share of or prosperity |