Show MANGANESE MAGE ORE SHOWS DECREASE FOR THIS YEAR YER I i iI Large Supply on Hand HandHolds HandHolds HandHolds Holds Back Mine Operations Oper-atols Oper Reports sent ent b by operators of oC manganese manganese man man- mant t mines to the lie United States geological seo geo logical survey department of oC the In Interior In- In covering the first three months of ot 1919 show that tho the shipments of or manganese ore during that quarter I were much smaller than thon during any other quarter since 1917 The Tho shipments ship ship- ments meats of or high grade ore were I tons tons ons against tons during durin the thelast last quarter of or 1918 and tons tona during the tho entire year car The number of or shippers was only 21 I. I against 2 i dur- dur lag ng the year Tho The shipments 1 of or low grade ore containing 10 to 35 per percent percent cent man manganese were 3 t tons tOiS I against 3 O 55 tons during the thc last quarter of 1918 and tons during durin the lie year car I Early in November ember 1 1918 18 the tho stocks of ot high grade ore and were equivalent to nearl nearly nine months' months supply the price of ot GO 50 CO pcr per cent ore ranged cJ from 50 0 to 67 a ton ton and the thc price of or So SQ per cent was 20 a a. ton In June 1919 the thc prices offered for 60 50 per cent ore oreby orel oreb b by l y the few tew furnaces that were making purchases ranged from 25 to 35 35 a aton aton aton I ton and ind tho ho price of oC 80 pcr per cent f ferromanganese for fer- r- r ranged from rom 10 to 2 a ton The market for tr n- n Lao ese since January Januar has been controlled b by the surplus supply of oC the alo alloy which Is largely Jars in the hands of or steel makers who prefer to sell their stocks and bear the tho lie loss 1083 rather than hold them longer long i lra Practically all al the tho ore shipped during during dur dur- ing int the tho first quarter was material de delivered de- de livered l ered on contracts made before November No No- vember 11 l. l 1918 The willingness ness of or several SC large consumers consumer of ore to continue continue con con- to accept material offered under I old contracts has hs permitted a 0 few C fortunate fortunato for for- operators to carr carry on their for I work but the repudiation o of contracts by several companies has hOos been a source of oC hardship and great reat loss to mon many operators In the United States I as well wel as to some In Cuba and Porto lorto Rico The outlook of ot the thc domestic ore I Industry Is gloomy loom and there Is no reason to change nn an earlier carler estimate that the shipments for the year car wil will proba probably bl not exceed ton tons A bill bUl recently Introduced In in Congress Congress Con Con- gress provides pro for tor a tariff on manganese man man- ore o of 35 cents per unit of oC manganese manganese man man- or Ol U 1750 70 per ton for 50 0 per pcr percent percent cent ore and a tarl tariff on an and of oe 75 5 cents per unit of or manganese or 60 per ton for tor SO 80 per cent Tho The minimum tariff is fixed at 50 60 a Lonon ton Lon on and at 30 30 a ton on A committee of or mine operators has been appointed b by the American Mining Con Congress to prepare i evidence e to bo be submitted to Congress I In connection with these proposed i tariffs I |